Post
Topic
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
minerone.io
on 14/04/2018, 20:49:42 UTC
Have you planned your actions in case if the value of bitcoin drops to $300-500? Can you describe them?
If BTC price or mining conditions push it below a level at which we can mine profitably, we will pause mining operations. We will be keeping a reserve to maintain the centres for some time during a severe downturn. If BTC recovers, we expect to resume operations. If we can foresee a situation developing that makes mining other cryptocurrencies a better bet, we can use the 23% of net output set aside for upgrades to make the switch. Please also read page 27 of the White Paper on Company Reserve.