Given the relatively 0-content update I'm really not too surprised that the share price is dropping. I suspect it will continue to do so until people actually see some new hash coming "on the line". :p
Common sense prevails. Who the hell would pay that much per gh? When we are mining at 8.68gh/share then the shares will be worth what they are worth then. But for now even the ridiculously overpriced cex gh are more than three times cheaper to invest in than this scheme. No offense to all the hard headed strong willed investors that bought above IPO or just invested heavily, but where are the cointerra promised compensation miners at? Anyone? Maybe hashing on the side? To be added soon? How soon? 700TH? U sure? Coz for the life of me I only see 64. Still.
Agree. Update should include detailed deployment schedule. If the deadline cannot be met, a new update should be posted before previous deadline.
Oh but there was an updated deployment schedule my friend, in case you missed it...
Deployment schedule:
Cointerra
Currently: 26 TerraMiners fully deployed
Next week: 4 TerraMiners
Bitmine:
Currently: 8 Coincraft Desks fully deployed
Next week: 62 Coincraft Desks
Week 10: 55 Coincraft Rigs
Week 11: 55 Coincraft Rigs
Week 12: 55 Coincraft Rigs
Week 13-15: 250 TH/s of custom hardware together with the first reinvestment units
We're also behind on that schedule too