Status update:

- We visited Bitmine last Monday and had a conversation about the ongoing delays. Production remains an issue as they suffer a lot of delays from their manufacturer(s), components that get stuck in customs, etc. It is clear to us that however hard they try and with all good intentions, things will take some time before they really get up to speed. We follow up on their progress each day.

meaning they sweet talked you again and everything is back to where we were. we have received only 20 maybe 30 units from them in the last 10 days even after we were told delivery was ramping up. they are completely incompetent and we are relying solely on them, great. were just as fucked as all there other customers are. and no offense, but who gives a fuck about there intentions? they are either capable of delivering or not, and they are clearly not. they are absolute amateurs. if you have a CPP with them activate it and get the machines elsewhere, otherwise week in and week out they are just gonna feed you BS

- Hardware from reinvestment should arrive by Monday or Tuesday which is currently on its way from Hong Kong.

not news

- We switched mining from Eligius to Ghash.io, this should allow more frequent payouts and additional mining of altcoins (NMC, DVC, IXC). New stats are available here: http://www.peta-mine.co/stats/ . Note that stats are still in Beta

good news

- Last but not least, we will start with the production of our own systems within the coming weeks. We have two working designs and are preparing for full-scale manufacturing and assembly.

"coming weeks" - meaning june if we are lucky.

on another note, we haven't even kept up with the difficulty over the past two weeks which is a joke considering we're still miles away from where we're supposed to be, and still with major issues from pretty much our only supplier, who don't seem to be fixing anything on there end. i see us getting completely pushed out of the market in the coming weeks as the difficulty starts to ramp up, we are so lucky that its been low the last couple of weeks, if it wasn't, then we would have already been pushed out.