Progress Update 23 Jun 2014:
Here is a first progress update since the original announcement of DataTank Mining
We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...
Is this bad for AM?
If that ASIC manufacturer is AM, then its good, since FC is swimming in chips right now.
free chips for an immersion mine. I .. can't see the business benefits in this, whatsoever.
Franchised mining
can you elaborate? I also don't see a franchise in it - I franchise out a portion of one of my businesses, on the basis that the business name draws more business towards the franchise, for this, my franchisee pays me a franchise fee once every ten years - for it to be a franchise, I get paid - albeit payments for the franchising of my business are far and wide, but.. i get paid.
whoever are supplying the chips, are not getting paid, so - this is what you see as a franchise? strange.