Re: [BitFunder] Fenix. Hashing from the ashes of Bakewell.

OK now it is obvious that the company lost >50 % by not selling the hardware as I suggested.
Hopefully we get 10 BTC for selling now, 4 months to late.

Quote from: TradeFortress on October 21, 2013, 07:47:38 AM

Quote from: klaus_ffm on October 20, 2013, 06:55:24 PM

Fenix should have generated >95 BTC but only 80 BTC have been paid out. Was the rest for power costs and management fees?

Quote from: nameface on September 07, 2013, 03:43:19 PM

Quote from: klaus_ffm on September 07, 2013, 11:16:13 AM

2 monthy ago we could have sold the avalons for > 200 BTC. Now Fenix is as bust as Bakewell.

We took a vote on how we should proceed upon receiving the units. IIRC only 1 person voted to sell the units.
> 200 BTC is a very optimistic figure for a sale price, it might have been only ~125 BTC. We have mined > 91 BTC with our units so far.

3% Btcguild fee, plus electricity costs, yes.