With all the rumors of new miners coming out soon buying bulk s9 ballzy move.
Isn't it just? I guess they feel the need to start generating some income, any income....that ROI needs paying, but they ain't going to do it with S9's.
They are immediately available and cheap tho, so maybe the cave will be humming by say early July? (Obv. no June profit= no June payment?)
On current difficulty and price, I estimate 30 days mining with 500 X 'averaged out S9's' will return something in the region of $60k gross.
That breaks down as
50% return to investors of $30k
20% retained for reinvesting $12k
20% expenses $12k
10% IR keep $6k
Three questions:
What's the ROI on all the tokens sharing $30k return between them? "400% annualized?" Na.....
When do they reinvest the $12k what do they buy, when does it come online and start earning?
At $0.03 per kWh, in 30 days 500 S9's will use about $17,000 of electricity. How does that $17k come out of $12,000 allowed for all expenses, including electricity, staff, security etc.?
Obvious scam is obvious.
ye cant answer simple questions and has a couple for shills hanging around pity people will lose money.
I am not a shill for anyone!
I have read the white paper (hsve you?) and read the website information and reviewed the ICO.
I currently hold no ROCK2 tokens but believe Ice Rock Miming is one of the most promising ICOs for 2018.
You may want to do some due diligence before calling an ICO "a scam".
Thank you very much, Sir.
Sometimes I think that such a blaming are coming from our loser competitors.
Ive asked you simple questions and u have dodged them with bullshit answers everytime.
1 how much are your running costs .. very simple the answer cannot be 20% because the number 20% is not a constand and your running costs should be to a certain extend.
We would need to know salaries maintenance and power costs everything u put under that 20%. You can give the maintentance and power costs Per miner if u like.
2 what will you do when 20% does not cover the running costs ? Say god forbid BTC goes to 2k what will happen?
3 the Team as u call it will NOT be drawing a salary Next to the 10% they claim will they ?
4 that 20% cannot be a fixed number If u can afford to pay everything when btc is at 7000 for 20% then when it is at 14000 you should be able to Half that and give the benifit to your customers either by buying more miners or better payouts.
So lets have some Clear answers to these no more dodging the numbers if u cannot give those numbers u have no buisness asking for money.
There are a couple of small errors in your whitepaper ill let u slide on for now.
I have been mining for a long time I know what I'm talking about.
Do you have telegram or skype? I will call you.
I am tired of misunderstanding.
Seems we are in that zone where 20% is not covering costs.