Quote from: Deprived on October 04, 2012, 09:49:05 AM

Quote from: pyrkne on October 04, 2012, 09:41:50 AM

I was skimming through the thread (haven't read it entirely yet) and was reminded of the "liquidity loan." I didn't think much - more along the lines of "I haven't read the Lending forum in awhile."

Surely other people have read posts about how unverified mining operations could easily be simple loans, paying back "mining rewards." This kind of discussion has been popping up lately.

With these two things in mind, I recalled the many askwalls recently placed for BMF.

I've stayed up all night working - my mind is probably just tired and paranoid. But on the other hand, I'd love photo evidence of BMFs mining hardware! Got to rest now before it gets any brighter.

~pyotr

You're on the wrong track there.

The ask-walls are to raise new funds to buy more hardware - think each one is enough for one rig or something like that.

The mining hardware is ordered but not delivered (from memory there may have been one old rig usagi donated or is loaning to BMF), so no way photos of any substantial amount of gear could be provided.

Remember, BMF started as an investment company then passed a motion to change to doing mining (bear in mind usagi controls the majority of shares so can pass any motions it wants) - so it's not like it SHOULD have a load of mining gear as it's only just transitioning.

Just clearing that up as I don't want totally wrong accusations in here - 'cos that gives usagi the easy way out of answering an inaccurate accusation then claiming that somehow proves every other accusation is wrong.

It would only be relevent if usagi started a perpetual mining bond on glbse. I hope they do no such thing because people would immediately question it.