Post
Topic
Board Securities
Re: [HAVELOCK] DataTank Mining: 1.2MW 3M Novec Immersion Cooled 2PH Mining Container
by
Usman056
on 18/06/2014, 23:46:03 UTC
1. so from the Prospectus you mention "minimized manufacturing time and prefabricated DataTank mining systems... deployment can be carried out in hours, instead of ays or weeks." But the mining won't start for 3-6 months? As far as chips go, have you already received the chips from AM (24 PH worth) and what was the power consumption per Gh
(you mentioned some could consume 33% less power than stated by manufacturers)?  In other words, have you already bought the chips while the BTC value is relatively high?

2. In the Prospectus theres no mention of bitcoin price going down between IPO and deployment. IF this happens, will each unit represent less kW? Will the 20% extra hash be deployed to help with ROI if the BTC value does go down? Will the fee's be decreased?

3. How will we individually as unit holders decide to reinvest (percentage) vs. no reinvestment? is this a shareholders vote with a majority needed to decide the reinvestment or will the DataTank give us to buy additional "units" with the mining dividend?

4. With scrypt mining, will you establish a different type of shares? When would you offer this, if it becomes a separate unit? or will scrypt mining capacity be included in the DTMA/DTMB?

5. Will ROI be measured in fiat or BTC ?

I like the idea of this project, but Petamine looked good too until there were delays.. and thats key point you've made in the prospectus. If you could please answer these questions that would be great.