So there is more than double of the original shares issued currently outstanding. Do current shareholder get the first right to buy new shares issued for expansion so that shareholders dont get diluted? I ask because I am going to make an offer in the order book.
New shares represented new hardware. The hashrate value of all (bitfunder and thus new forum) shares was identical (41.8 GH/s/share). There was no dilution. Shares were issued to those that underwrote the hardware purchase at a rate of 41.8 GH/s per share.
41.8mh/s share...
thanks, fixed my original post! just a typo
EDIT: I agree re: cex.io. I really like the idea, but not the implementation (the operators have been shown to be less than trustworthy). That and the market seems artificially inflated, there is no way to make money long term at those prices unless no gen2 hardware ships at all.