((...snip...))
Wild theories / assumptions:
-- front some money so that an "operating costs" account can buy the required number of shares at market price
-- outright GIVE the shares away to the "operating costs" account
-- somehow create "special operating cost shares" to fill the account with, which will have to be excluded from the original 25000 shares, but still pay dividends or some other scary maneuver.
As I said above. Something just "clicked" in my brain:
It still remains unclear what the exact nature of how / logic for how the extra hashing power will be allocated to pay for electricity and operating costs (( seems to me, the extra power will simply affect the value to ALL shareholders ... if so, the "surplus power per share" will make ALL shares higher than 20 MH/s and you're still left without any way to put that hash power into electricity or other operating costs ))
Three questions:
How will an "operating costs" account be done?
Will the "operating costs" account own some of the original 25000 shares?
Will there be a transfer of shares "at market price" or zero cost or what?
((...snip...))
Wasn't my imagination. The math REALLY DOESN'T add up. The operating costs
are being paid out of pocket currently.
Sorry, but with the lack of clear explanation and disclosure, it seems prudent to communicate an explanation about how the operating costs are being paid out of pocket, and the exact plan to create the "operating costs" account has yet to be finalized:
((quote from private message forum email thingy))
The how has not been decided/implemented yet. There is no private account right now and I'm paying all costs out of pocket. I hoped to takeover MergedMining and convert it to a mining fund, which NASTY could invest in. That would keep everything transparent and also allow others to take part in NASTY's investment fund. I really liked that idea, but likuidxd seems to want to close the ticker symbol instead. We'll see. I prefer a public investment fund as opposed to a private one, but private may be the only option unless I can take over MergedMining somehow.