Post
Topic
Board Securities
Re: [BitFunder] Fenix. Hashing from the ashes of Bakewell.
by
nameface
on 13/08/2013, 14:49:00 UTC

    - 60% Hardware reinvestment
    - 40% Dividends ( 1 per week )


I would be happy with this.
It would basically mean sacrificing some dividends now for a larger rise in share price in the future due to a larger purchase of GHs.
Is that right?

Yes sir! The goal is to simultaneously increase our future profitability and continue to pay solid dividends.

Most real world businesses pay dividends of maybe a few %. That's how the big guys are going to play Bitcoin mining, investors returns will shrink as the market stabilizes. Specialists will be the ones who make the money. "Specialists" means chip manufacturers, but also those who make good decisions about who to deal with in the industry.

We aren't "big money", but we are hashing as we hatch a good plan. If Fenix can't grow, then I believe there is something wrong with Bitcoin.

I don't know about you guys, but I don't feel like surrendering the remaining 10 million coins to large corporations. I still want to mine.