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Re: SkepsiDyne Integrated Node - The Bitcoin Mining Company
by
boonies4u
on 16/09/2011, 16:49:55 UTC
Where do you live, Hawaii? Break-even is around $.20/kwh on a decent rig. The days of running a farm with electricity rates that high are over. Liquidate your hardware now.
Without consulting the shareholders?

I think Tawsix has no responsibility to notify us if he decides to liquidate and distribute the money to shareholders if he feels it is best for shareholders.  Personally I think he should hold off a while as difficulty is bound to plummet and it may be profitable again.
While he certainly is not required to notify us of such (comparable to) "executive" decisions. It does not mean that he would not want to, or should not notify or discuss sch major decisions with us.

It was more of a reaction to Skye's blunt advice, which was apparently directed directly at Tawsix.