...
We have cut the hosting fee from 0.45$/kwh to 0.25$/kwh. In other words we gave up a large portion of our income to the PetaMine project...
Since you are keeping 90% of the mined coin for "reinvestment," how does this make any difference?
Revenue of mining - hosting = BTC to spend for dividend and/or reinvestment
Lolno. 90% of (mining-hosting) = "reinvestment." 10% of (mining-hosting) = divs.
"Reinvestment" = buying teh gear from yourselves. <==sweet!
you're always such a joker...
one round of building miners = forever buying gear from themselves?? where is that fact made clear??
in the same vein (looking at mike's rants) 1-6% (needs to be proven but I'll take it at that for now) of electricity sold to peta = funneling money to solar power company... don't forget that the costs of running the solar power company have not been factored into certain calculations, just for extra fun/fud...
I appreciate your humourous negative sentiment lambchops, but if you're going to counter argue, at least do it right.