Ninjastic
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Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
by
vancefox
on 22/04/2015, 01:37:55 UTC
Quote from: coinits on April 22, 2015, 01:30:34 AM
Quote from: not.you on April 22, 2015, 01:26:14 AM
Quote from: bumpershot on April 22, 2015, 01:18:53 AM
Quote from: vancefox on April 21, 2015, 10:53:03 PM
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.

Wait, that purchase was verified in the emails, right? So was the farm down over half the time, or did something else happen over half of the units?

I am pretty sure most of that 5 Ph never was setup and mining for GAW.  I think they resold the hardware at a loss.

Selling new at a loss? Why? You can get a premium on new miners and good second hand ones on ebay.

How can you sell at a loss when your customers put up the money to purchase the equipment and then you resell said equipment back to the customers who paid for it in the first place?