Post
Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
will
on 10/02/2014, 01:47:40 UTC
Hi All

First off, sorry for the lack of communication from my side. I'm struggling to keep with all the current comms channels so this one has suffered immensely. I'd feel more comfortable doing more regular posts here henceforth.

Yes, we're mining, though we've only recently (last 24h) been able to stabilize at a measurable, relevant rate of around 50Th/s (after the latest f/w:20140205-0 aka 0.3 and cgminer 3.12.3 updates). DT will post details on where (addresses) those proceeds are going, I shared it with him earlier.

We've taken on an independent accountant to get the initial financial reporting sorted, that should be available soon as I saw a close-to-final draft this week. The accountant will also do personal audits of the mine as and when he chooses (he lives in the same city).

A public mine state display should be up in a bit, I've started sharing a link around to a select few ppl (would be nice if they can chime in here and corroborate). I don't want to spread it around too much just yet. I currently control who sees it, mainly because it suffers from being slow/heavier than i want on the controllers. Will sort out cron/caching & visualization as soon as time permits, hopefully before we fly back to Montreal on Wednesday. The endpoint will be here: https://www.icedrill.io/minestate - mainly just shows debug/warning information on the kit we currently have up.

Will post more later. DT will also post an update soon.

Will