Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Cracked the case:
7) What is the status of self mining? What is the rollout schedule for the data centers?
8 ) What is the status of franchising partners? When can we expect to see income from them?
We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate.8 ) What is the status of franchising partners? When can we expect to see income from them?
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Progress Update 23 Jun 2014:
Here is a first progress update since the original announcement of DataTank Mining last week.
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 with the potential to (a) reduce the need to finance chips and outlay required at the time of deployment, and (b) to speed up the production pipeline earlier than expected. We have agreed not to post details before a consensus is reached. (hence no communication from FC) How this affects existing and future DTMA holders will remain to be seen when we have results.
We have also received inquires for exclusive partnerships from two different known parties in the mining space, and at least one of them is seriously considered at the moment. (helloooo AM!)
Several questions have been raised in regards to the choice of locations. (AM and datatank both working on electricity and location matters) We would like to comment as follows:
DataTank Mining is not fixed on a specific location (such as the USA) and can deploy in parallel if required, even internationally (minimum requirement for DataTank Mining systems is power feed and internet, deployment of containers can be indoors or outdoors).
Next to pure electricity prices, consideration is given to other factors such as long term (and political) stability, unrestricted trade and access for staff and also local resources and talented personnel available.
Here is a first progress update since the original announcement of DataTank Mining last week.
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 with the potential to (a) reduce the need to finance chips and outlay required at the time of deployment, and (b) to speed up the production pipeline earlier than expected. We have agreed not to post details before a consensus is reached. (hence no communication from FC) How this affects existing and future DTMA holders will remain to be seen when we have results.
We have also received inquires for exclusive partnerships from two different known parties in the mining space, and at least one of them is seriously considered at the moment. (helloooo AM!)
Several questions have been raised in regards to the choice of locations. (AM and datatank both working on electricity and location matters) We would like to comment as follows:
DataTank Mining is not fixed on a specific location (such as the USA) and can deploy in parallel if required, even internationally (minimum requirement for DataTank Mining systems is power feed and internet, deployment of containers can be indoors or outdoors).
Next to pure electricity prices, consideration is given to other factors such as long term (and political) stability, unrestricted trade and access for staff and also local resources and talented personnel available.
too soon?!
