Quote from: Puppet on June 16, 2014, 04:48:48 PM

Quote from: Benny1985 on June 16, 2014, 04:28:22 PM

Oh no, I agree that what PETA is offering cannot be sustained indefinitely. I am getting ready to list on Havelock with a much more sustainable offering. But I was just chiming in to state that the difficulty, long term, is going to play out differently than what we've dealt with for the past year.

Obviously. Last year we saw nearly a 1000 fold increase in hashrate. That is not going to happen again, but if whatever you intend to offer has an ROI that is dependent on difficulty growth slowing down so it wont increase 10 fold in a year, I wont be buying.

No. What we're preparing to offer is a hybrid mining/reseller entity that has access to 4c/KWh electricity and volume purchasing power to get our own machines fabricated and significantly lower prices than what PETA quoted to its buyers. It will also have GAAP prepared statements for transparency of purchases, along with a shareholder-created board of directors to steer the operation.

I am somewhat surprised how ScryptX is performing. It should be way easier to deal with than what has been shown. Getting 3GH of mining up and running is not a major feat. If I had the kind of money they raised, I would have double that by now.