FPGA Mining Contract Company (asset id FPGA.contract) is a Bitcoin mining company utilizing only FPGAs. 100% of all mining revenue will be distributed to shareholders in the form of dividends. Dividends will be paid weekly, with each share entitling the holder to one share of the revenue. No operating expenses will be subtracted from the revenue, and no funds will be held for future expansion. Motions can be raised to sell more shares for the purpose of investing in additional hardware. Each share entitles the holder to one vote. Motions can be raised by 25% of shareholders, and will pass with a 2/3 majority. Each share represents an ownership share in the mining hardware and in the event of liquidation, all revenue from sales of the hardware will be paid to shareholders. The operator of the company retains two special rights, regardless of the number of shares held by the operator: 1) the right to raise a motion, and 2) the right to end operations and liquidate assets.
If you are behind the times and want to setup a bitcoin miner, make sure you build an efficient one!
Virwox’s BTC/SLL prices over the last 180 days.
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