Hedgy is providing freshly mined coins on behalf of Megabigpower, one of the few legit/trustworthy companies in the world of bitcoin mining. They had a bitcoin IPO for a 100TH/s farm and were one of the only bitcoin securities that managed to pay back IPO investors more than the IPO price per share.
They started with 100 TH/s and are now at 100 times that (10 PH/s).
Why would anyone believe that CMW is selling freshly mined coins for a premium when this trustworthy company (MBP) is selling them for a discount?
I'm not interested in this cloud mining controversy, but interested in the freshly mined coins at discounted price. So just trying to understand Hedgy's business. Say, they are giving 1% discount. So, if I send them 1 BTC used coin, they'll give me 1.01 BTC fresh coin ? I mean, how come ? How do they do business ?