The percentage is fixed.
For ex. we mined 100 BTC with 1000 ASICs (numbers are just for example), 50% of it = 50 BTC will go to payout to backers. 20% = 20 BTC to pay the bills (electricity, security, fire protection, salaries to employees, internet, broken parts etc etc etc) 20% = 20BTC will go buy more miners ======> new miners with old miners will raise money after setting them up in the cave. and 10% = 10 BTC to the team.
If it does not make sense for you just don't invest. We do not push anybody to invest. It is your choice.
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Is this how you understood things to be @cashi ?
Above is quoted from the horses mouth/ass himself.
In Telegram it was said that reinvestment will come in place when electricity cost is lower than 40% and now it isn't fully operational. There are still funds left. This was my information I saw there. And if profits will be more, they can pay 50 20 10.
I hope also it will be calculated like in the whitepaper finally but the process is very hard to set up miners, you understand? I don't know if Malik pays some bills with his own money.
Problem now is that the 20% at this time or even the 30% does NOT cover the eletricity costs so where is that money comming from that can only be from the reinvestment or the 50% of the investors and since they still need to pay salaries and other costs that's kinda something that should
be made Very clear isn't it ?
Do you think anyone would have agree'd the team taking 30% of the payout .. lets say BTC was @ 30k now u think its fair for the team to take 30% .. when eletricity costs would be @ like 5 % .. whats the salaries .. next to the 10% for the team ?
Im sure pretty much everyone assumed that would be from the 10% but apperantly thats just of the top for dias and crew for their great idea.
You can see from Dais's responces that hes really willing to share that information .. if he wanted to he could easily shutme up by posting those numbers he doesnt because he knows hes in the wrong.
Situation while preparing isn't automatically final solution. I'm sure IRM is always doing a good decision to make IRM a great project. Easy projects are nothing you find a lot. It's always a hard work. be made Very clear isn't it ?
Do you think anyone would have agree'd the team taking 30% of the payout .. lets say BTC was @ 30k now u think its fair for the team to take 30% .. when eletricity costs would be @ like 5 % .. whats the salaries .. next to the 10% for the team ?
Im sure pretty much everyone assumed that would be from the 10% but apperantly thats just of the top for dias and crew for their great idea.
You can see from Dais's responces that hes really willing to share that information .. if he wanted to he could easily shutme up by posting those numbers he doesnt because he knows hes in the wrong.
