I ran a ASICMINER Pass Through before,
The system works but there are some flaws.
First of there is a lot of manual work, which in turn leads to a lot of errors. I had several times where Transfers that should have been done wasn't done or shares who were suppose to be sent one place were sent somewhere else.
Second a lot of people (several have contacted us being worried about this) are not in control of their payout address, meaning we would have to build a site/routine to safely and securely allow people to switch their payout addresses.
It is just a lot of work and we would rather if we can try to reuse the work put into CMX by the CryptoMex team and use their platform to hold PUs and pay out people, if possible.
As regards to the question about money spent on CMX. No IceDrill money was used to fund CMX, it was funded by the CMX team and external investors.
In a choice between:
i. convenience for the company to make payments
vs
ii. convenience and peace of mind for investors to not to fill out a fairly invasive kyc form
I hope you guys decide to side with the investors even if it means a bit of discomfort for you.
To us - it seems like cryptomex is being forced down our throats only because icedrill and cryptomex promoters are the same. If cryptomex is good, it will grow on its own. But please don't tie the fates of icedrill investors with cryptomex.
Please look to do what is most convenient and in the best interest of your investors.
Please give us better options. Either direct payments like ASICMiner does. Or a pass through on Havelock.