...I'd be very surprised if it wasn't more cost effective for you to keep the hardware bought with our money and decide we are to give you a fairly low interest and indefinitly long term loan. But how about using that motion feature for what it was intended for once, and check wether it is ok for us too?
(disclaimer: I'd probably vote yes, provided you first lay a more detailed repayment plan. Answering Audriux9's questions, at least 2 and 4, might be a good start)
(disclaimer: I'd probably vote yes, provided you first lay a more detailed repayment plan. Answering Audriux9's questions, at least 2 and 4, might be a good start)
First of all investors would like to know full disclosure of what hardware has been bought with investors funds and mining profits, which were not distributed to investors. If I recall correctly, moparguy528 stated that, he had some of his own hardware before raising funds.
Moreover liquidity of moparguy528 seems a bit questionable at this point of a time. He is going to repay from his own cash
and mining profits. Assuming he has 70Ghash/s of mining hardware that gives us very roughly 1400BTC until reward halves, and then probably ASICs will take over the market so payout of those 70Ghash/s will diminish to roughly around 40btc per month. To cover all of the ~3000BTC will require pretty large amount of additional personal funds. Long time awaits for unlucky investors to be paid.