Quote from: GintoniK on July 26, 2017, 08:54:09 AM

Dudes for real now,

50 mio and a WordPress website? Oo come on you can do better than that....

1. Datacenter will consume around 20 MW power: I think your maths are wrong, you need a serious facility to scale that high.
2. We have already put in production our pilot mining facility with more than 200 000 USD investment (see photos attached): in the photos, the investment is nowhere near 200k. You need about 1000 cards for that number. My guess is about 10k USD are shown in the picture in terms of investment.

But the pinnacle is the name "Golden Fleece" , i get the connection between Georgia and Medea helping the Argonauts take the Golden Fleece but before naming your project you should google the meaning of...

Fleece: obtain a great deal of money from (someone), typically by overcharging or swindling them. Example: "the city's cab drivers are notorious for fixing fares and fleecing tourists"

Then try searching for "Fleecing Investors" and see what you get....

I am looking at a (your?) Facebook profile Vakhtang Gogokhia and you claim to be Head of Finance Department at GSE - Georgian State Electrosystem Tbilisi, Georgia, is that true? Are you employed by the state? I think people that understand how society works in those post-Soviet states can draw the conclusions by them selves.

I will certainly stay out. Best of Luck

I stated in previous posts that we are working on new website, please be patient and respectful of our work. I don't want to shut down current website until new will go-live.

1. Please contact me on facebook and I will share excel calculations from which 20 MW are derived. Meantime, GPU servers consume roughly 10 watts per MH/s, we plan to spend on servers up to 40 mln USD and we have target of 15$ investment per MH/s. So math is following 40 000 000 / 15 * 10 and you will get 26.7 MW power.

2. I will give you exact numbers of that pilot facility, we have currently 96 GPU-s RX 580 in 24 mining rigs, we spent on that 58 000 $, building which this servers are in costs 75 000 $, we also purchased land 7600 m2 for 80 000 $ for our final mining data center. I can post here all necessary documents.

3. Name "Golden Fleece" is connected to the territory on which we plan to build datacenter, and has nothing to do with taxi drivers or ripping people. I cant comment more on this

I work in Georgian State Electrosystem as Head of Finance Department, before that I worked Caucasus Online and Delta Systems, and I am proud of every company that I worked in! GSE has been developing national grid and invested more than 500 mln USD in network and plans to invest 800 million more in next 10 years, and I am proud to be part of it.

People, why are you so anxious?
Please ask legit questions and I together with my team will be more than happy to provide you with all details!
If I didn't make any harm to you or anyone that you know, why do you make black PR to our project?

Anyways, I am still determined and will try to answer all your request here!
Thank you for understanding.