Re: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)
Last I checked Will was sitting on near half a million of our money. It's been near 8 months since ID started mining, and I've received nothing but bullshit hopes and promises from these two with nearly ZERO follow through. I don't give a fuck if Will's potential reward is dwindling, he's likely already profited more than every single non-committee shareholder combined. Further, in my world we don't reward incompetence.
Remind me again how he's minimizing my 100% loss?
Remind me again how he's minimizing my 100% loss?
He's minimizing our loss by working to maximize value accrued from HF's assets. ID has a large role to play in an optimal solution, because they have the most extensive experience building and running HF based mines.
HF is dead, but the GN1 is still the best ASIC available and its successors (GN 1.5 and GN2) are even further ahead of the competition. KnC might bid on the IP just to keep it off the market.
I felt the same way you do now waiting for Gamma, and even chewed out Terra for the radio silence once or twice.
It all worked out well in the end, and we all gained more patience.
There was no need to act like we'd invested more than we could afford to lose back then, nor is there now.