Post
Topic
Board Securities
Re: [HAVELOCK] DataTank Mining: 1.2MW 3M Novec Immersion Cooled 2PH Mining Container
by
DataTankMining
on 17/07/2014, 11:21:45 UTC
Could I please get some clarification on what all this means for small buyers in terms or price / capacity?  ie; how much will a single DTMA unit now cost, what hashing capacity will it represent, and what will the OpEx costs be?

Another question is; what will we be 'buying'?  Will this be a purchase of mining gear, rental, shares representing earning capacity?  What kind of resale/onsale options will there be?

Also, I realise that this is very early days, and you may not be able to give me an answer at this point, but do you have any ideas on a ballpark timeframe for units to be ready for sale?  I assume it will now be quicker than the originally estimated 3-6 months?

Thanks.

Apologies for the delayed reply.

While you can still take a look at the example DTMA Revenue Forecast and Profit Model on page 15 out of our Data Tank Mining Ops Prospectus for unit costs, hashing capacity and OpEx as general reference, we are currently only accepting investments of at least 10,000 units of DTMB or more. We have mentioned earlier that it would be better for unit buyers if we don't raise any money for mining hardware under DTMA units yet.

There will be another funding round later, specifically only for the mining hardware at the then best available efficiency and price, instead of committing to hardware now already and letting it lose on value with every difficulty increase and upcoming new hardware releases competing on price with older hardware. This would then essentially be like a DTMA unit if added on top of the DTMB.

Page 9 of our prospectus lines out what you are going to purchase. It is essentially purchasing capacity, which can be traded later as well:
http://www.datatank-mining.com/files/DataTank_Mining_Ops_Prospectus.pdf

If you are interested, then please use the contact information on our prospectus on page 16 for direct purchase of 10,000 untis of DTMB or more.