Looks like AMHash is trading on AM's goodwill, trustworthiness and popularity, which have clearly eroded. Seems like this venture will depend in large part on PR, which is AM's Achilles heel. I just hope FC and Co. have learned some lessons from Gen 3, and have connected the dots between poor communication and low demand.
It's "co-sponsored by ASICMINER and ROCKMINER". Maybe rockxie will take care of PR.
Wonder who will be getting the profits from selling of the IPO as well as the profits from hosting and who will be left with the equipment once they go 7 days without a dividend?
Looks like roughly 2.5M USD being raised by the IPO, plus roughly 250K USD per month in electricity plus maintenance, and who knows what they will be worth by the time the asset is finished.