Hi all,
Sorry but i haven't got time to read all questions since i've posted last time. I know it's my fault, but if a day had 30 hours that wouldn't be enough either..
So, update:
- Both batches were asked for refund. Waiting for John to receive the BTC back. Batch 2 has been refunded and i'm intending to send a voting form for batch 2 people also. (You can ask for a refund or you can ask to invest in something else)
- For the ones that want reinvestment in something else, i've made several "BIG" arrangements to have the hosting option possible. This is why i haven't hot even the slightest chance to post on the forum (besides the fact that if i continue lurking the forum during the day, i'm gonna get fired...)
- There will be a bigger reinvestment in BitFury and KnC miners. These two are delivering the soonest. Discussions are on the way to ensure the delivery of this hardware.
- Working on some numbers regarding the total Hashing power i'm trying to aquire. Rest assured: You may have paid for 4.5 GH/s in Avalon terms, but in Bitfury and other terms this will be an equivalent to >10 GH/s. No funds will be lost.
Will post back later tonight, with more info. Apologies for not answering the forum. I'm resding stuff, i just don't have the time to write back. But i promise i'll make time for communication too.
Regards,
Steve
Thanks for the update.
I think the next major subject to address is board refunds. Please post a simple calculation on expenses, e.g. Purchased components for X
BTC, Paid to fab Y
BTC, Left Z
BTC (or fiat). Give an estimate of how much can be recovered (sold at reduced price, used in further investment, anything). Calculate how much can be refunded per board (don't forget to subtract whatever you think is fair for your work so far). If you still insist that nothing can be refunded, I think we'll need all the invoices and pictures of the components being
dumped.