Quote from: lunnatic on June 13, 2019, 11:50:40 PM

Quote from: Sozialtourist on June 13, 2019, 09:31:06 PM

Quote from: MinedBlock_Paul on June 13, 2019, 05:18:36 PM

Quote from: Sozialtourist on June 13, 2019, 04:46:11 PM

Quote from: MinedBlock_Paul on June 12, 2019, 07:30:15 PM

Quote from: em777 on June 12, 2019, 06:52:20 PM

Well I personally feel your decision is a good one but my concern is whether reducing your softcap would affect the business plan. I will like to know

Absolutely not! We have a site ready to "plug and play" into (benefits of partnerships due to longevity) and so we can still offer at least an 8-10% ROI in 'Bearish' markets. The reduction allows us to setup earlier and attract more investment with an operational farm...

But halving your softcap must have an effect on your business plan, right? I mean, you basically have to scale down your whole mining farm and therefore take longer to expand your business? Is the ROI of 8-10% the same you expected for a softcap of 1 million?

The costs remain the same. If we raise over $7m then we would have a big enough power requirement to step down the supply and reduce costs by ~20% and then the ROI would increase

So you are saying that only if you'd raise more than 7 million, the ROI for your investors would improve?

Maybe what is meant is that too, but to be clearer, let's wait for what the team's explanation of the questions from the most important at this time, we are still patient, waiting for the answer

Agree on you, its getting crazy right now, but i think is still working and doing their hard how can they solve the problem, i think we also need to consider being update in their telegram.