Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Mabsark
on 14/03/2015, 11:23:46 UTC
At the very least he was committing utility fraud for AM's electricity bills.

There is no evidence whatsoever to suggest that's true but there is evidence to suggest that it's false.

The problem is that the product AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder), of which neither has the ability to absorb the damage alone.

Operator = RockMiner
Manufacturer = ASICMiner
? = HashLord
Havelock = Contract Platform
Customers = Contract Holders

So, what is HashLord? The only logical explanation is that HashLord are the owners of the DC hosting the AM miners. So, if anyone was committing utility fraud it was probably HashLord. But that's just a rumour with no evidence as of yet to back it up.