Post
Topic
Board Services
Re: Gigamining / Teramining
by
jamesg
on 09/02/2013, 15:03:28 UTC
Hi gigavps,

Does this mean I give up the PERPETUAL (forever) 5Mh/s (gigamining) share for a nine (9) month 25Mh/s share, isn`t it better to keep the Gigamining shares then?

Greetz

Hi PsychoticBoy,

I do not believe that it would be in your best interests for a couple reasons.

  • For the free upgrade you get four (4) Teramining PCUs for every one (1) Gigamining.
  • For the paid upgrade you get fifteen (15) Teramining PCUs for every one (1) Gigamining.
  • As Meni has pointed out, after the dust settles with the arrival of ASICs, the lifetime value of a Gigamining contract will eventually be very low.

So at a minimum, you are trading in a 5Mh/s perpetual contract for a 36Mh/s 9 month contract. It is of course up to you to do you own review of the situation and where we are headed.

Best,
James