Next week the Difficulty will be 50 Mio. The rate increases approximately 50% per month.
So the Difficulty in November will be 170 Mio.
We are hashing out 15
BTC per week right now.
Diff in Nov will be
130. Diff in
two weeks will be 50m (source:
https://docs.google.com/spreadsheet/ccc?key=0Auya3iRE6az1dDc0UVgwMU52YVpTazVjSHByOGNiWHc#gid=8)
No matter if we use 50 % of the dividends or sell 1000 new shares, we will not get enough BTC to buy hardware that makes Fenix sustainable.
I have the opposite opinion. No matter what we do, we can get enough.
In my opinion discussions about investments in other shares are not helpful either. Fenix is not an asset manager. Shareholders can just invest in other shares on her own.
I am starting to see it this way too. Fenix is about mining. Let's keep it straight.
We should try sell the Avalons and start with a new IPO to invest in the new generation of miners.
I totally disagree. We have a good mining venture, we are hashing, we have cheap power. Either mining is profitable, or it's not.