Quote from: rdyoung on March 14, 2014, 01:44:29 AM

Quote from: jessebtc on March 14, 2014, 12:35:02 AM

Quote from: Darkstone2 on March 13, 2014, 01:51:55 PM

Designing a PCB is not the hard thing. Designing a chip is. Also they are designing a PCB.. with whose money exactly? The IPO doesn't mention cost for designing PCB's.

On a different topic, if cryptx asked to change the reinvestment ratio from the 65/35 to 60/40 or 55/45 or 50/50, I'd likely vote yes. I see the inevitable future to be a small number of large mining operations, and if by doing a larger reinvest petamine can climb to being one of those, all the better for the shareholders in long run. All else equal (ha there's a broad statement) if cryptx reinvests a larger % than the difficulty rise, petamine will have a seat at the grownups table. By having enough $ to be a lead investor/customer for each next generation round of ASICs petamine can stay ahead of all the others buying the same chips.

Thoughts?
Jesse

I would be all for this.
I had another thought as well. Perhaps cryptx could partner with someone working on 22/20nm or even work towards 14nm so that when its ready for primetime we get it first. Of course first priority is getting the mine fully deployed and 28nm will be profitable for quite sometime, but getting ahead of the curve would be worth it long term.

I suggested this back during the IPO, I don't think 35% is enough, and I would rather see this project go long term than get slightly more dividends now.

Secondly all the troll calling is annoying. It's good that people are questioning the business model, there's no need to be sanctimonious about it. Don't be so precious guys, Cryptx is doing a great job, but people should be allowed to question whatever they want, money is at stake here.