Thanks for the reply.
So what will be the " fixed percentage of what was raised in the ether sale." ? An estimate is fine.
I guess what I am trying to figure out is what would be the better way to go, build a mining rig, or invest in the IPO the same amount that I would spend on the rig.
I'm guessing the algorithm used is very important to inform that decision, and IIRC they're hosting an AES-style competition to select it