Quote from: Duffer1 on August 31, 2013, 11:37:18 AM

I understand. That's a dealbreaker for me (well, one of the dealbreakers), but I still understand.

Maybe for the sake of other potential investorcustomers, and your IPO, you could clearly explain why the community should pay you more than the retail value of 500 Cointerra IV 2TH pre-built mining rigs (500rigs @ $14k usd each x 500 = 1 p/h for $7mil) when:

1 - You're not buying the rigs, you're buying the chips
2 - At, likely, a really good discount over retail chip buys, and an absurdly good discount over the rigs.

According to Cointerra 40 packs of 50x Goldstrike 500g/h chips would get you to 1 p/h at a RETAIL cost of $6mil. But you're not paying retail:

Quote from: cryptx on August 28, 2013, 10:41:58 AM

Because of the scale of this project, we are able to get much better prices with manufacturers (chips / boards etc.) than retail customers...

Can see why you're answer: "We are under strict guidelines/agreement not to disclose pricing information.." is not good enough for several reasons?

If you want to be another CloudHash you can't ask investors to buy the company for you then sell it back to them as if they were customers, and not the investors that bought you the entire show.

Further, how is it not outrageous that you're trying to get your investorcustomers to not only pay far more than retail, but you expand their loss by cutting off at least 35% (+more for maintenance) of their divs to buy you more mining power at a discount so you can... well who know what you'll do with it since you haven't shown us a business plan, and the only statement I've seen from PETA-MINE is "1 share = 10g/h." Since it's not defined what you'll do with reinvestment money, and the amount of g/h each share is entitled to, you could do anything with that hash.

Thanks for your questions, we appreciate you sharing your remarks and hope to provide some clear answers:

The pricing perception is probably caused by the recent BTC rally (and can works both ways). When we prepared our launch last week, BTC rate was hovering at $105, or $6,8M for 1PH. In addition, shareholders get 20% (2GH) extra per share until their initial investment of 0.65BTC is recovered -> 1 share is 12 GH/s (at the rate of $105 = 5.68$/GH or at todays rate of $125 = 6,75$/GH, which is still lower than retail prices).

Regarding reinvestment, we will continue to deploy additional systems at below market retail prices. The additional hashpower and mining revenue will be equally divided over all shares.