Post
Topic
Board Group buys
Re: [OPEN] Diversified Group Buy [KNC Jupiter/BitFury 400Gh/VMC Fast-Hash-One]
by
CoinHoarder
on 07/08/2013, 02:36:02 UTC
CH,
Are there any plans to re-invest profits to purchase new hardware once the purchased hardware is hashing?

Not at this time. Like our last group buy, I imagine it would be hard to get everyone to agree on a reinvestment plan.

I myself would love to come up with some type of reinvestment plan for the group. I usually have no available BTC, because its all wrapped up in investments. I prefer it this way and I would like to keep it that way. This ensures I can't spend it on stupid things like gambling, and my involvement with BTC stays purely a long term investment as I originally intended it to be.

If we can agree on a reinvestment plan that is approved by a majority vote of share holders, I would be willing to implement it. Worst case scenario, the people whom would like to reinvest can start a new group buy like I have done here.