The problem is that the CT hardware was priced in dollars. At the time 1 BTC was worth ~$120.
Thank you, that makes perfect sense now.
I think I'm going to vote "YES" for the reserve fund to cover hosting expenses. However, I'd like to know roughly how much percentage of mining revenues these hosting expenses would be.
Edit: I answered before thinking. Actually that does not make perfect sense. If ~650 BTC were needed to raise the required dollar amount, and if we sold the hardware for ~300 BTC now, that accounts for a 50% loss, not a 90% loss.
I rather have my 50-70% investment right now than 80-100% in 8 months...
There is so many opportunities around, it makes me sick to know that I wasted 9 months for 90% loss and promises.