Am I correct in assuming mining will be @ 3PH?
Solo mining yes. About 30 may go into franchised mining (80% profit), maybe less, maybe more.
Selling chips remains the main strategy, though.
Soooooo. Let me just confirm, they will have 30 PH/s @ 80% profit? 80% profit sounds crazy, how would a franchisee make money from this? If they have to build the rest of the hardware and host I'd assume it would be closer to 20-30%??
Where are you getting this from?
Sorry, I just want to make sure my numbers are going to be accurate. Not that I don't trust you, which I do, but that does sound too good to be true
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3) What capacity of gen 3 hardware is supposed to be used for franchised mining?
re 3) Depending on the capacity of our franchisees. We personally think 20P could be possible even inside China.
4) What are the current approximate terms of franchised mining, i.e. what does it take to become a franchisee and how are AM and the shareholders profiting from it?
re 4) We have the deployment team to investigate and audit the franchisees. We prefer the original 80/20 division and the 80% are calculated as our mining income. But the cost of the device (without chips) needs to be calculated in so there will be adjustments.