Since that's the case, why should I invest in you guys over the PETA operation? I can see their current share price is fractionally higher at the moment (in terms of $ per GH/s), but they already have ~1.2PH/s deployed and are paying dividends.
A few months ago PETA operation was at the same stage as we are now - IPO.
We have to copete and developed a plan how to increase hasing power of each share by 50% during next 3 months.
As you understand that will increase (or keep stable, depending on difficulty changes) weekly dividend payments to each unit holder.
Focusing on the bolded part for a moment, yes; PETA did start their offering a few months ago.
PETA, however, already had two things going for them: 1) A previous history of running a large mine and paying dividends, and most importantly 2) they
already had hardware ordered, paid for out of their own pocket.
These are just differences between the funds, I get that...but you still haven't answered my question:
Why should I invest in you guys over the PETA operation?Sorry, by why do you think that we are not starting from a very solid foundation?
We have firm argeement and are ready to add hashpower within 1-2 days after each round is placed.
Taras.