[ANN] Kohai's Gold Bar
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It has begun!
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Bought 250 shares. Hoping for your sucess!
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Thanks for all the support!
Also, just donated 1% of the total assets value in support for our faucets.
See thread here --->
https://forums.burst-team.us/topic/2937/assets-donating-to-faucets/5
Still looking for 2 more faucet operators, msg me!
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@kohai If you want you can support faucet.burstcoin.pt ....
I was trying to use ads to support it but the revenue is just too low for that but either way, everytime i reach the threashold i dump the whole BTC on polo and send it to the faucet so like all the other faucet's no revenue is being made from it... I don't have enough revenue for supporting it and some users have been helping a lot with donations from time to time although with asset shares in that faucet account hopefully one day we don't need as many donations as we need it right now in order to support it! ;DThanks anyway! Feel free to contact me if you want?!
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Just a note, you are suggesting a format much different than what most other assets offer, so we should all be aware of that. 10% of liquidation price is 10% of everything , including the IPO. Most other assets offer a management fee of the profits. Just want you @kohai and everyone else to be aware of this important info.
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@gpedro sending you a PM in a bit
@nox Yep, that's the idea. Because remember, I'm not using any of the Burst raised to purchase mining power, my rigs is already up and running and mining coins (see mining link up there somewhere) the Burst raised is going to be used to purchase gold, which is going to be liquidated down the line along, so it goes both way basically. I'm sharing in the profits of the gold and nobody's paying really for using my mining rigs.
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Sent 1% of the total number of assets to http://faucet.burstcoin.pt/
:) Just paying it forward.
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Sent 1% of the total number of assets to the Burst Team Faucet
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What is the value of the mining operation by itself?
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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
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@kohai very nice..
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@kohai No sell orders...?
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What happened to the sell orders?
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hmmm, that was strange.
I put it back up.
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After 3 weeks, mail finally arrived today.
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@kohai That's great bud. Once NEWS re-opens, we're gonna get some shares from your asset :)
1
We offer a dynamic perspective on your investments
Pool: N.E.W.S. Mining Pool N.E.W.S. Website: https://news-asset.com
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@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.
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@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.
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@kohai I guess I'm so just so used to the instant turnaround of email, forgot how long snail mail can take ....
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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/BURST1 Zec = 57,500 BURST
Breakdown
40% Maintenance = 23,000 BURST
60% Div = 34,000 BURSTBreakdown
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, 2.72Now, 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!
