Post
Topic
Board Securities
Re: [CRYPTOSTOCKS] (GMP) crowdmining
by
Icoin
on 04/09/2014, 16:51:30 UTC
No dividend this week


From Cryptostocks:
Quote

Energy cost are higher then 100% of the mined BTC - no dividend this week
Dear shareholders, the amount of mined bitcoins did not reach the energy cost this week. Do to the low exchange rate all Dividend has to be used for energy costs. Thanks for your understanding.

GLARI Mining Project (Ticker id GMP) is a Bitcoin mining and developing company utilizing FPGA/ASIC.
65% of all BTC mining revenue are distributed among GMP shareholders in form of dividends.
Dividends are paid weekly.

This Project has 3 major targets:
1. Support of P2Pool avarage Hasrashrateholder to one
2. Developing of long therm Support for FPGA/ASIC Mining Operations
3. Stabilizing alt chains Mining Performance


Mining Equipment:                    5 KNC Jupiter
                                           13 Bitmine CoinCraft

Operation Location: Switzerland

Shareholders, are you happy by that decision of the operator?
 Icoin, don't you think, it's time to review some of the "project targets" and join Glari hashpower to a profitable pool?


Same for this week dividend.
As long the dividend does not reach the energy costs do to the low exchange rate we have to target primarily on the energy cost the other option is to shut the mine down. This shutdown would allso mean 12.5 TH/s less for p2pool.

Thanks for your understanding