To be honest this is something I am very seriously considering... maybe something like raise listing to pay for server costs etc, then any profit pool makes will be sent out in dividends to the shareholders... think people would be interested in this??
I would be very interested in this assuming a sound business model and all that. I've seen securities in mining operations before, and one thing I always look for is whether or not there is a built-in way for the venture to upgrade hardware so as to be able to keep up with mining difficulty increases. For example, I like the way COGNITIVE is set up, but not the way TAT.VIRTUALMINE is set up. The former reinvests profits into upgrading hardware; the latter you purchase a fixed amount of hashing power which of course is always going to yield less and less as difficulty increases.
Another point to consider--particularly if you want to make your security a DVC denominated one. If you're issuing dividends in DVC that first come as BTC (as is the case with your ASICMINER passthrough security), there's an added value in that it makes those DVC (earned as dividends) somewhat less vulnerable to the exchange rate. So for example, if the price of DVC is 80 sat, then the dividend would pay a few DVC. If the price of DVC is 40 sat, then the dividend would pay twice the amount of DVC. That makes a solid security even more valuable, at least to me. I figured this out with the latest price drop (right before today's massive pump).
Anyway, keep me posted. If you issue a security based on your mining activities, I would be very interested in learning more, and as long as the fundamentals work I'd love to buy in.
