Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE 700 TH/s or 8.68 GH/s per share
by
mikemikemike
on 19/04/2014, 11:55:42 UTC
Good job on the custom systems.

@Cryptx

As Bitmine´s production remains low and they didn´t meet their contractually stated deadlines again, would it be an option to simply convert the order of rigs/desks into a larger order of Chips?
(larger because assembly cost, PSU cost etc., aswell as compensation for late delivery...)

Assuming you can produce a decent amount of units per week (which this week has shown us) this might be a faster, cheaper solution with considerable advantages for both us and them.

I dont know the leadtime for parts used in your system. However, i think hat bitmine might also be happy with that agreement,
as they would no longer need to compensate for their continouing delay.

Totally agree with you.
Convert those orders into chips would be great. And by doing that maybe we can hit 1 PH/s very soon.

I also totally agree if there's not any contract points with Bitmine which could prevent that. There's certainly a lot of well capable companies out there who could do the job with better cost-effectivity, if CryptX's current resources are not enough...

guys, CryptX and bitmine clearly have a very close relationship. I would assume whatever decisions they have come to are mutually beneficial for both companies. us speculating about what they should do most of the time is going to be counter-productive. let them deal with the business. if anything, we should be helping out with promotion and PR, these are probably the only two things we can contribute.