Hi Bruno,

It was nice to meet you in Atlanta.

Just to make sure all of the facts are stated, I have been involved with the creation of HashTrade for over 6 months. In that time, we have created a business, found investors and have partnered with multiple hardware manufacturers to make sure mining stays in the hands of the many. There has been a ton of interest from the broader community since the press release from BFL arrived and we are glad so many are interested in pursuing hosted mining contracts.

As for Teramining, it will remain 24% of whatever hashrate VPS runs. This is far above and beyond anything promised in any contract and should show my resolve and loyalty towards those who have stuck with me though the last year.

Some may question my judgement in ever running a mining bond on GLBSE and they have every right to do so. But the facts of the matter are that over 90% of all contracts have been claimed, paid all back payments and are continuing to this day.

Best regards,
James