Quote from: skinnyboy on April 21, 2015, 11:31:14 PM

I do hope to god that none of you got taken in by mordicas crap in the following several pages.

I think I exposed him a bit...

Quote from: vancefox on April 21, 2015, 10:53:03 PM

Quote from: jmordica on April 21, 2015, 10:04:38 PM

Quote from: vancefox on April 21, 2015, 06:55:57 PM

jmordica:

https://forum.gethashing.com/t/watchlist-gawminers-paybase-zencloud/67/9148

Quote

As someone in the power industry... I know how a business gets a specilized feed into a building/warehouse/etc... You need to tell them how much you want... i.e. 100A @ 4160kV and specify load requirements during peak/off-peak so that they can figure out what size transformer you need.

Only way to do that, outside of pulling a number out of your ass, is to calculate it...

Joe signed for the feed... so he told them how much electricity he needed.

My question for him: Were you told how much power you needed or did YOU choose the transformer size?

And my next question is... when the feed was run, who oversaw the installation of the panel(s) and the wiring to the miners/racks? I would assume it would be the Chief Technical Officer...

In other words... I find it very hard to believe that you didn't know what was truly going on.

Feel free to answer here or at GH. I'm really curious to the answer since you're being so forthcoming...

To answer your question directly, I was told in the beginning to scope and build the project for 10MW. I was then shortly after instructed to build for 3MW (3 1000kva transformers).

I was told that we needed 3MW to facilitate the 4.5PH purchase of S4's from Bitmain so that is what I proceeded to build.

I gave weekly reports of how much BTC the facility earned per day and gave daily/weekly reports on the total zencloud payouts.

There was a point in time where the payouts exceeded the BTC mined in the facility (as you can probably see from my reports in the emails) but the conversions to ~~CashTakers~~ HashStakers (I believe) brought the liability back down and then the whole platform and facility was shut down a couple of days after my exit.

Yes I was aware there was a problem with the business model, the direction of the company, and the way these decisions were being handled. I hoped we were going to make the necessary changes and decisions to rectify the situation in enough time to **fix** the flawed business models, but chose to exit when I lost confidence and trust in Josh to make the right decisions.

S4 = 2TH. 1PH = 1,000 TH. 4500/2 = 2250 units.

1 S4 = .69W/Ghs. 4,500,000 * .69 = 3105000W = 3.105MW @ 120V.

http://www.scribd.com/doc/261401676/Mississippi-Power-Company-vs-GAW-Miners-LLC#scribd

700MW used from Dec 31 - Jan 23. 23 Days. 1.27MW per day usage.