Quote from: DataTankMining on June 23, 2014, 03:05:00 AM

Quote from: webbrowser on June 20, 2014, 01:09:43 PM

Does the IPO also fund your 20% deployment of identical hardware?

That is correct. The 20% also function as safety buffer in case of price fluctuations.

DataTank: Sources and produces ASIC boards in-house without third parties involved for significantly more than 20% cheaper (relies on experience producing past ASIC boards and direct connections to designers/manufacturers). There are no profits involved through the complete chain and we are on-site for manufacturing, and on-site for deployment. Case in point. We produce hardware at today's prices for <$438/T (<$0.44/G). This compares to the price of other hardware available.

Traditional: Buys ASICs, components and PCB from third parties. Relies on manufacturing for third party. Needs to add mechanical components such as case, fans, heatsinks, screws, nuts, switches, cables. Needs box and packaging. Needs logistics. Needs profit margin to make money. Needs to sell with customer support, billing, needs to cover NRE expenses. This total cost will be significantly more than 20% margin. In addition, when the end-user receives hardware, the costs continue. Power supplies, installation, deployment, overpriced data center rent, etc
These are some of the problems that DTM solves.

As I can read, Your container with power supplies without chips costs for You 0.38 $/GH (or 0.633 $/W with Your assumption of 2 PH per 1.2 MW container). In Your reports were instalations with as low as 167$/kW of capital costs.

1 share of DTMB is going to IPO with a price of $7.25 per 10w (0.0115 btc per share, page 9 in Prospectus) or $0.725 $/W (15% more than costs).

Worse thing with DTMA: You claimed "<$820/T (<$0.82/G) total cluster with deployed DataTank system on-site" of costs or 1.37 $/W. At the same time You are going to sell 1 DTMA share per 0.0280 btc or 1.76 $/W (29% more than costs)

You try to earn 15-29% on IPO, with a history of making some immersion cooling systems - it is fair. All clients funds are in Your hands, so You will be very liquid.

You are trying to sell 1 GH of mining power in low cost of electricity location in the end of 2014 with price of 0.62 $/GH (DTMA case, pure mining boards without container and without power supplies) when I can buy Antminer S2 or Rockminer hashing now for 1,5 $/GH. The difference will be mined in 2 months.

In DTMB case You are going to sell 1 kW in container per $725 in the end of 2014 and are going to rent them (if fully deployed) for $60 per month (with $18 of operational cost). It's 17 months to get invested money back. It is for long term investors considering the average period of 4-5 months in case of buying miners (which usually could work a year).

PLEASE, make things clear: (1) if we give You say until June, 30 the sum of $870 000 as You ask for 1 container, when it will be ready and (2) when ASICminer chips could start mining in container if we give You
$2 112 000 until June, 30 as You ask for one container fully deployed with chips?

PS. The faster You earn people 50% - the quicker they will give You 10x more money.