ITs only common sense to put everything on the table..
1. What is the total hashrate?
2. What is the estimated future hashrate?
3. What will this bonus be?
4. BE TRANSPARENT!
I don't mind signing a new deal if the deal makes sense. I wouldnt buy a car and have the salesman say "if you buy the car today, on may 14th we will give you a bonus on the interest". Who in their right mind would agree to that? The interest could be more or less or nothing. In the business world, EVERYTHING needs to be written in stone. Nothing can be left to guess work or that interpretation will be left to a judge.
We need to know the fine print. You cant just say "bonus". I may be mistaken, but it sounds like we are being forced to sign this agreement or we will miss out on this "bonus". That is coercion. Correct me if im wrong. There is so much to read and its hard to decipher whats being said and by whom. There are a lot of newbies that are chiming in.
I wont make any judgements until I see the final agreement.
This and dozens of cogently written, sincere, pragmatic, intelligent, concerned, well meaning posts in the pages since the AMA... Sure there are a few trollish posts but far less than one might expect. Take off the troll glasses Zach and focus on the underlying message being delivered here.... Particularly by Bigasic, Ashitank Endlessea and other serious people. If you continue down the path outlined in the AMA all the work you have done is dead. If you listen and modify your path (it is still not too late) then perhaps this can work without all of us wasting hours and thousands of dollars enriching lawyers.
I have emailed you and you know my answer: no to the unilateral 3:1 conversion and no to the most recent proposal. I get that things need to change to stay on side of the regs but without full disclosure and a trust less process we are done. Not too late.... Let's get it done right and keep making money together