Post
Topic
Board Securities
Re: [HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX
by
Korbman
on 29/08/2014, 12:38:01 UTC
Quick question to the general populace:

Anybody know what Cryptx originally paid for the first batch of A2 Innosilicon miners that came online directly after the IPO? I didn't find anywhere where Cryptx mentioned it (naturally), so instead I'm trying to find information / pricing from group buys that happened early / mid May (and possibly a few weeks earlier than that). Based on what I've seen so far, I've estimated $10,000 each, but I may be a bit off if there were other deals going on at the time.

Are you trying to understand how they spent the 1162.281 btc of the ipo?

Pretty much. Or rather, where did the money go? At $10k per device (when ordered in a large batch), that would mean there's somewhere close to BTC400 that have never been used. Even at $12,000 each (essentially the price to buy one at a time), that still leaves almost BTC245 in the air.