[ANN] Kohai's Gold Bar



  • Sent 1% of the total number of assets to http://faucet.burstcoin.pt/
    :) Just paying it forward.



  • Sent 1% of the total number of assets to the Burst Team Faucet



  • What is the value of the mining operation by itself?



  • About 4.7 million BURST more or less.
    Does 1,100-1,200 sols/s hashing zec.
    6 RX480 cards.

    And then I'm going to use the burst raised to buy 2 oz (plus change) gold bars. Which is about 4.5 million Burst as well, not counting other fees like shipping, taxes, etc.

    It's all laid out here - https://forums.burst-team.us/topic/2875/feeler-kohai-s-gold-bar



  • @kohai very nice..



  • @kohai No sell orders...?



  • What happened to the sell orders?



  • hmmm, that was strange.

    I put it back up.



  • After 3 weeks, mail finally arrived today.

    alt text



  • @kohai That's great bud. Once NEWS re-opens, we're gonna get some shares from your asset :)


  • admin

    @kohai I don't understand what going on with the deliveries, some of them are turning around in good time, but others are taking weeks.



  • @haitch heh, no worries, it's always like that this time of the year in my part of the world :) people actually send mail/cards even a month before just to have a hope of having it delivered in time for the holidays.


  • admin

    @kohai I guess I'm so just so used to the instant turnaround of email, forgot how long snail mail can take ....



  • We've hit our first 1 ZEC Coin, so that means, payout time. Remember, as we still have not sold out the entire asset, this will function as an alt-coin mining asset until we go on to the gold phase.

    Here's the details of the payouts.

    1 ZEC
    Exchange Rate 0.046 BTC/ZEC
    Exchange Rate 0.00000080 BTC/BURST

    1 Zec = 57,500 BURST

    Breakdown
    40% Maintenance = 23,000 BURST
    60% Div = 34,000 BURST

    Breakdown

    KohaiGB (1623289459638909189) Total found assets: 50000, Assets to be distributed: 50000
    Summary of proposed distribution of 34000BURST to 12
    Based on asset holders at timestamp 74378948 (Sun, 03 Apr 2016 08:49:08 GMT)

    Number of assets, Account, Payout amount
    45173, BURST-ELS2-YSNB-X76R-CCD9M, 30717.64
    1890, BURST-ACGB-YGHQ-G9ZL-5XD7U, 1285.2
    1037, BURST-GGPX-PP5S-LAGP-CBGCU, 705.16
    500, BURST-BBAQ-GF7D-Z6LX-3U7B6, 340
    500, BURST-V53S-X6ZP-ZRAR-DP2YB, 340
    500, BURST-7F5P-YS47-LB6B-7CST4, 340
    250, BURST-WT7J-2LPQ-ALRU-CGLUH, 170
    100, BURST-WFPM-YZC7-GB74-B2SR3, 68
    20, BURST-LU3K-L8T7-3C66-63W5K, 13.6
    15, BURST-NTZE-9NJG-KKT8-AMY6Q, 10.2
    11, BURST-TRJM-KG32-29MD-7V3EN, 7.48
    4, BURST-PFTG-3J78-ZMZ7-83R64, 2.72

    Now, it took around 10 days to mine 1 ZEC, so payouts should happen at least three times a month. We should have another payout by year's end. Happy holidays everyone!



  • How things are working over here?



  • Chugging along :) functioning as a normal altcoin mining rig until shares sell out.



  • We've hit 1ZEC again. Payout Time

    Zec Exchange rate 0.0515

    Proceeds: 0.0515 BTC
    Burst Price. 0.00000054
    Total Burst Exchanged: 95370

    60%-40% Split

    60% - 57,222
    40% - 38,148

    KohaiGB (1623289459638909189) Total found assets: 50000, Assets to be distributed: 50000
    Summary of proposed distribution of 38148BURST to 15
    Based on asset holders at timestamp 75344415 (Thu, 14 Apr 2016 13:00:15 GMT)

    Number of assets, Account, Payout amount
    43956, BURST-ELS2-YSNB-X76R-CCD9M, 33536.66976
    1890, BURST-ACGB-YGHQ-G9ZL-5XD7U, 1441.9944
    1037, BURST-GGPX-PP5S-LAGP-CBGCU, 791.18952
    1000, BURST-P799-K4RR-J33A-2C4TM, 762.96
    500, BURST-BBAQ-GF7D-Z6LX-3U7B6, 381.48
    500, BURST-V53S-X6ZP-ZRAR-DP2YB, 381.48
    500, BURST-7F5P-YS47-LB6B-7CST4, 381.48
    250, BURST-WT7J-2LPQ-ALRU-CGLUH, 190.74
    204, BURST-2VK6-XJDE-G47S-6CLJT, 155.64384
    100, BURST-WFPM-YZC7-GB74-B2SR3, 76.296
    20, BURST-LU3K-L8T7-3C66-63W5K, 15.2592
    19, BURST-TRJM-KG32-29MD-7V3EN, 14.49624
    15, BURST-NTZE-9NJG-KKT8-AMY6Q, 11.4444
    5, BURST-UB27-C5V2-VTLT-BRTPY, 3.8148
    4, BURST-PFTG-3J78-ZMZ7-83R64, 3.05184



  • Whoops, pasted the wrong percentage into the dividents calculator.

    Will resend the rest in a bit. Sorry about that. hehehe

    Chugging along



  • Distributed an additional 19k burst.

    :) Payout complete! See you next 10 days or so.

    KohaiGB (1623289459638909189) Total found assets: 50000, Assets to be distributed: 50000
    Summary of proposed distribution of 19074BURST to 15
    Based on asset holders at timestamp 75344848 (Thu, 14 Apr 2016 13:07:28 GMT)

    Number of assets, Account, Payout amount
    43956, BURST-ELS2-YSNB-X76R-CCD9M, 16768.33488
    1890, BURST-ACGB-YGHQ-G9ZL-5XD7U, 720.9972
    1037, BURST-GGPX-PP5S-LAGP-CBGCU, 395.59476
    1000, BURST-P799-K4RR-J33A-2C4TM, 381.48
    500, BURST-BBAQ-GF7D-Z6LX-3U7B6, 190.74
    500, BURST-V53S-X6ZP-ZRAR-DP2YB, 190.74
    500, BURST-7F5P-YS47-LB6B-7CST4, 190.74
    250, BURST-WT7J-2LPQ-ALRU-CGLUH, 95.37
    204, BURST-2VK6-XJDE-G47S-6CLJT, 77.82192
    100, BURST-WFPM-YZC7-GB74-B2SR3, 38.148
    20, BURST-LU3K-L8T7-3C66-63W5K, 7.6296
    19, BURST-TRJM-KG32-29MD-7V3EN, 7.24812
    15, BURST-NTZE-9NJG-KKT8-AMY6Q, 5.7222
    5, BURST-UB27-C5V2-VTLT-BRTPY, 1.9074
    4, BURST-PFTG-3J78-ZMZ7-83R64, 1.52592



  • @kohai very nice


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