Quote from: CoinBreader on August 04, 2016, 06:49:17 PM

Nice setup you have other there, well this seems more legit than the others selling hash power
a fresh video also would be awesome!
keep up the good work !

Thanks, I do have some more videos somewhere I will try and find them. We have moved data centers since and currently have access to 1MW immediately. An additional 5MW can be brought online which just requires running cables and racks. Around 45 day turn around time to get that additional power up.

Basically all of 2015 I had to regroup and spent most of my time developing this platform to combine all my smaller projects into one. Like many in the crypto space and like many entrepreneurs we sometimes don't know when to say NO. We see an opportunity and we don't want to miss it.

I'm actually glad that I was able to experiment in so many niche businesses as it allowed me to figure out what works and what doesn't before scaling to quickly with a broken model.

This new business makes the most sense, one day maybe we can turn it into a crypto bank. Those participating in the mining get a share/vote within the company all managed through the blockchain. Ultimately the purpose of mining is to secure the network and process the transactions. I have always liked the idea of keeping things decentralized and encourage competition in the space for that reason.

Mining was a hobby for me, it was fun and I truly never believed I could turn it into a business. Then I realized how I hire people to do things I don't like to do and gladly pay them for their time to save me my own. Now I have the opportunity to create an ecosystem around what started it all and continues to run and secure the network, mining.

An idea I've had for awhile is if we could get the manufacturers to install some kind of hardware on the PCB that allowed us to connect it to a smart contract and assign ownership, we would also be able to use cryptographic proof that we actually have the mining hardware. There was a company I was looking at that made them for RasPi but it was sometime ago and I can't recall the name.

We are along way from this solution, until we reach the plateau for mining hardware turn over. Then it maybe worth investing in these kinds of additions for manufacturers/miners.

Also lots of work to be done regarding smart contracts and the security risk associated with them. RSK could be an option, I just hope that as a community we take our time to develop these things and not rush to any one solution. As they say with any investment, don't put all your eggs in one basket.