Search content
Sort by

Showing 20 of 23 results by moparguy528
Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 25/09/2012, 20:06:52 UTC
I am slowly buying shares back from mining profits and from my own cash I am buying bitcoins with. I am not trying to cheat anyone, I just can't buy them all at once. For those that I can't buy immediately, I am treating it as a loan,paying interest, until all can be paid back. This is more cost effective than liquidating the FPGAs I have.

Also, although the IPO was at 1.0, very very few were sold at that level. I am one of the few people that invested at that price level via my investment acct. Most shares were bought initially between 0.75-0.83. They may have traded less than that though.

Slowly but surely i am paying back.

I am not a Pirateat40.
Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 21/09/2012, 15:37:21 UTC
Hello all,

Answering emails, etc is taking larger amounts of my time and I am tired of emailed scam accusations. I tried to setup a profitable endeavor for both you and I, but it was easier and more profitable mining alone.I have decided to begin buyback of the shares. I have many great investors, but they are overshadowed by constant emailed personal attacks as being a scammer. I am done dealing with that. I will review the buyback plan so that i can give the most value to shareholders, especially considering the large price declines of late. I don't want anyone to feel cheated. I will release a motion in the next week, so please be watching for it for any upcoming news.

The dividend is halted immediately. Please watch for upcoming motions.

Regards.
Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 31/08/2012, 12:10:33 UTC
Pretty awesome looking cluster there.  Doubts are gone, thanks.  Now to get some more coins to GLBSE quickly...

Thank you....the wiring runs aren't very pretty but I wanted to get them up and running quickly.
Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 30/08/2012, 03:50:44 UTC
Here are the pics of the x6500 miners (80 dual FPGA boards in total). Once i visit the rest of my farm I will update with more pictures

http://i47.tinypic.com/s6rmmv.jpg
http://i49.tinypic.com/adkg89.jpg
Post
Topic
Board Mining software (miners)
Re: Modular Python Bitcoin Miner - Official Thread
by
moparguy528
on 29/08/2012, 23:29:52 UTC
Is there any newer version then this out for windows mpbm-v0.1.0beta.zip.  I'm seeing alot of this lately with any pool I use and wonder if its a software issue.
 


50 BTC.COM: Error while fetching job: Traceback (most recent call last):
  File "C:\Users\\Desktop\X6500_Easy_Package_For_Windows\mpbm-v0.1.0beta\core\actualworksource.py", line 155, in get_job
    jobs = self._get_job()
  File "C:\Users\\Desktop\X6500_Easy_Package_For_Windows\mpbm-v0.1.0beta\modules\theseven\bcjsonrpc\bcjsonrpcworksource.py", line 120, in _get_job
    conn.request("POST", self.settings.path, req, headers)
  File "c:\Program Files (x86)\Python32\lib\http\client.py", line 964, in request
  File "c:\Program Files (x86)\Python32\lib\http\client.py", line 1002, in _send_request
  File "c:\Program Files (x86)\Python32\lib\http\client.py", line 960, in endheaders
  File "c:\Program Files (x86)\Python32\lib\http\client.py", line 805, in _send_output
  File "c:\Program Files (x86)\Python32\lib\http\client.py", line 743, in send
  File "c:\Program Files (x86)\Python32\lib\http\client.py", line 721, in connect
  File "c:\Program Files (x86)\Python32\lib\socket.py", line 404, in create_connection
  File "c:\Program Files (x86)\Python32\lib\socket.py", line 395, in create_connection
socket.timeout: timed out

I am seeing something similar using the latest version in Ubuntu 12.04. Doesn't matter which pool. Once this happens a few times sometimes I lose all connections to the pool. I have to restart. It seems to get worse the more x6500 units hook up to it.
Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 28/08/2012, 23:23:31 UTC
Just another heads up. I haven't had time to take the pics yet but if you check the Ozcoin pool at www.ozco.in , go to "Hall of Fame" on the upper bar, click on "Round Shares" you can usually see me in the top 10 miners. I also mine on Eclipse and elsewhere anonymously as well, but I though that showing part of my operation on Ozcoin would help.
Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 26/08/2012, 01:07:16 UTC
Pic will be forthcoming soon...i understand the need to build trust. My miners are located offsite from my residence so i will run down there soon and take a few pictures of the mining equipment dedicated to already sold shares. The bulk of my equipment doesn't have shares sold for it, so that profit is mine  Wink so it isnt for grabs yet.

By the way...you might check out https://bitcointalk.org/index.php?topic=98517.0 to see why I don't list a specific amount of MH/s per per bond and instead leave a percentage of the profits for continual growth of the mining cluster.
Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 25/08/2012, 03:21:19 UTC
Verification has been complete for some time.

Just a heads up that many of the higher volume investments have either been in suspected ponzi schemes or stagnant mining pools where payouts shrink as mining difficulty increases. I have the mining equipment working already but setup this bond to increase the mining operation. I mine on various pools and solo with approx 70GH/s with more coming online each week. I have only released shares that can be supported by a portion of my already-existant mining profits. I have devoted a minimum of 60% (actually closer to 90%)of the profit from current operations to paying dividends. Starting this week i will devote up to 30% to further expansion. This has been very profitable to me as i have built up my operation so as to not stagnate. Ztex 1.15y quads, x6500 FPGA miners are currently running, and hopefully soon ModMiner Quads will be added to the mix very soon.

On a side note, unlike some investments similair to mine, i held no assets with Pirate@40 so the bond finances are untainted by the collapse this last week.

Note that this secondary to my 9-5 job and personal responsibilities, so I have limited availabilty.
Post
Topic
Board Hardware
Re: ModMiner Quad High Efficiency FPGA Bitcoin Mining Devices 840Mh/s BTCFPGA.com
by
moparguy528
on 22/08/2012, 19:34:24 UTC
Post edited. The MMQ gang and i have worked out a plan for my delayed units.

On a side note, Tom has been very responsive to my emails and tech help. Even with the delays they are still much better than BFL could aspire to be.

Post
Topic
Board Securities
Re: New GLBSE.com for FPGA mining investment - FPGAMINING
by
moparguy528
on 26/07/2012, 23:46:28 UTC
I am now finally verified in the bond listing.

The FPGA cluster is still expanding and i will be releasing shares for sale once a stable dividend rate can be obtained. Your investment is not in a  particular amt of MH/s, but is in the returns generated weekly by this growing mining operation. The operation is currently all FPGA and will grow and evolve as economics warrant. Up to 30% of the generated returns will be used to continually grow the operation to prevent it from stagnating as time goes on.

I believe this will be more valuable than a specific hash rate that becomes less valuable as difficulty rises.
Post
Topic
Board Beginners & Help
Re: New to bitcoin mining: ButterflyLabs Mini Rig SC - preordered it
by
moparguy528
on 22/07/2012, 23:52:45 UTC
Bare bones computers are all that i have used with all of my FPGA setups (just get e350 barebones and add memory, HDD, and linux...I assume BFLs ASICs willbe similar but seems like they are just guessing at performance.
Post
Topic
Board Beginners & Help
Re: Bitcoin Mining Newbie Questions!
by
moparguy528
on 22/07/2012, 23:48:41 UTC
The estimated GH rates is what confuses me..... so are they designing it for 3.5GH and just putting more on the single 40GH and rig 1000GH and coming up with odd performance numbers....or are they designing 2 different chips? If the use just one 3.5GH design...it will take approx 286 to make a rig.
Post
Topic
Board Beginners & Help
Re: Bitcoin Payroll = Fail
by
moparguy528
on 22/07/2012, 23:41:56 UTC
I think with the increasing usage of bitcoin, even limited payroll applications could launch. For the dimmer folks within a company just  put "paid xxx BTC (~yyy fiat)" on their paychecks. As long as the fiat remains high/increasing...the masses will get their pay in terms they can understand.
Post
Topic
Board Beginners & Help
Re: What determines when the right time to buy/sell BTC is?
by
moparguy528
on 22/07/2012, 02:44:46 UTC
A bot on a major exchange or on bitcoin site like GLBSE? You would have to be correct to avoid HYIPs
Post
Topic
Board Beginners & Help
Re: New to bitcoin mining: ButterflyLabs Mini Rig SC - preordered it
by
moparguy528
on 22/07/2012, 02:32:18 UTC
Hopefully it is well supported if/when it comes out....you won't need much of a computer to support it. I run multiple clusters of 20x FPGA boards off of 1 computer per cluster. The computers just run AMD e350 dual core, very low power setup. Less money to build and to run than just abot anything. Newegg, etc have specials on barebones with the above that just need minimal memory and a cheap HD. My controlling computers only use about 35W.
Post
Topic
Board Beginners & Help
Re: Buy bitcoins fast with paypal or visa card?
by
moparguy528
on 22/07/2012, 02:25:12 UTC
BitInsant is the way to go. Always have been very quick for me. From bank dropoff to money in mtgox less than an hour
Post
Topic
Board Beginners & Help
Re: Longer Term Holding? Where To Put BC's?
by
moparguy528
on 22/07/2012, 02:22:00 UTC
You invest in mining companies...granted I am biased...i have and FPGA bond that pays well (though not as good as pirates and associates PPT bonds)....but at least there is good solid interests from my bonds.

Check out https://glbse.com/asset/view/FPGAMINING
Post
Topic
Board Beginners & Help
Re: 7% per week? Nothing to see here, just send your bitcoins and move along...
by
moparguy528
on 22/07/2012, 02:16:07 UTC
But sure is fun to play.....it is like gambling on a game in vegas you have never heard of.   N
Post
Topic
Board Beginners & Help
Re: Problem with Bitinstant.
by
moparguy528
on 22/07/2012, 02:14:13 UTC
I forgot to mention..i buy BTC at mtgox and move them quickly to my allet or GLBSE....i dont trust mt gox for anything long term.
Post
Topic
Board Beginners & Help
Re: Problem with Bitinstant.
by
moparguy528
on 22/07/2012, 02:12:28 UTC
So far I've loved bitinstant. I,ve had the least trouble putting money using the nearest Bank of America bank through there bank transfer drop off to mt gox funding.