Post
Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
aerobatic
on 29/01/2014, 22:23:00 UTC

Damn, your boss is going to give you a bonus for that one.  Which one are you in that picture?   Tongue

clearly, since i don't live in the usa and do not work for any bitcoin company at all, not cointerra, not hashfast, not knc... not anyone!

... so i'm not in the cointerra picture!   actually, there is one picture of me at cointerra, when Jimmy and I visited last month and held a prototype box.  you can see photos of our trip report...  Jimmy & i placed an order jointly for the jan batch.

online poker and computer games is my background and takes most of my time...   i have other sidelines including property development (in London!).. and of course, bitcoin mining is a new sideline for me.. a paid hobby.  becoming more than a hobby, actually.. but still, not my day job.

http://www.pkr.com/en/about-pkr/who-we-are/

http://en.wikipedia.org/wiki/Jez_San


are my funds safe and secure?

will you be eating lobsters for lunch when the federal government seizes your domain and puts a hold on your international banking accounts?

PKR has never operated in the USA. The Feds have no beef with us.  And yes, your money is safe.  We use triple aaa rated banks to hold customer funds.  And of course they're ring fenced.  If something unexpectedly bad happened and the company died tomorrow, the customer funds would still be safe and sound.  The way it should be with any legitimate company.

Btw. I don't eat seafood.  A big hunk of hot dead cow would be a better choice..

who audits your accounts?

what independent governing body can see that player funds are not mixed with operating funds? Are player funds held in escrow? trust? or just regular bank accounts?

we're way off topic.  suggest you ask your questions directly in the pkr forums if you want to take this any further as this has nothing to do with bitcoin (let alone cointerra)

as for who licenses pkr...   it holds gaming licenses in the UK, Alderney, France, Italy, Denmark and a few other places.   Each one has different rules and we follow them all.  its actually difficult to have one company that follows so many different rules, and this takes up a lot of our time.  all the executives hold licenses as well.  and shareholders too (like me).  each person individually investigated and licensed. 

http://www.pkr.com/en/support/licensing-and-integrity/licensing-and-regulation/