This is a tempting investment.
Though, it's unsettling to know that after share principle repayment 50% of return goes to a small group of individuals that is Bitfountain.
Conservatively, IMO, Bitfountain's take might be $40,000+ for the first month after funding repayment. Definitely a sweet deal for Bitfountain.
Bitfountain will always own a minimum of 50% of their self-run hashing capacity. Makes me nervous the same way Vladimir's plans did.
Wait, sorry if this is a dumb question, but do you mean that Bitfountain is going to be a mining company only, that is to say, that they will not be offering the "Block Erutper" ASIC for sale?
They are planning to mine themselves with 20 TH, then when the investment is paid off sell the ASIC while expanding their own mining operation to 50 TH