I think we all really appreciate your analysis and tough questions Vbs, but to be fair they are aiming to start mining in September.
All of the mining and sales profits will be paid out to the shareholders of BTCGARDEN weekly through btct.co. At the earliest,we will be start from the middle of September,2013, while our first batch of chips(200-300T) will be arrive and start to be deployed.As time is precious in current stage of the business, we have already paid for this first big-amount batch ,all shareholders can therefore expect a quicker & higher return than normal.
That's why I've asked for their projections, because there's different TH values everywhere and precise values and times make or break this deal (and chip specs too).
A project of ASIC bitcoin mining is ongoing by our group, named btc-garden (www.btcgarden.com). At the moment, we are at the stage of TAPE OUT.
We have started our project since Feb.2013.Also, according to our timetable, we will have around 100T hashrate online on this August or September as our best situation. The following paragraphs are written to give out a brief introduction of this item. A relative detailed version will be posted on this board & our website at the beginning of June, 2013. Any questions or advices are welcomed in this thread.
We have started our project since Feb.2013.Also, according to our timetable, we will have around 100T hashrate online on this August or September as our best situation. The following paragraphs are written to give out a brief introduction of this item. A relative detailed version will be posted on this board & our website at the beginning of June, 2013. Any questions or advices are welcomed in this thread.
So, effectively, what is the size of the first batch?
