Quote from: Timbo925 on June 13, 2012, 03:19:02 PM

Thanks

Maybe a interesting question.
We buy basically shares to own small parts of the BFL singles. BFL stated that their will be a trad-in program to go from the singles to the ASIC offering they have.
Does this mean it will be possible for the mining fund to go from the singles to the ASIC's. If for 10BFL's @3200 Mhz/s you get 1 ASIC boards @ 7200 Mhz/s the output of this bond will also dubble (effectively making it a 2 Mhz/s bond).
This would make this bond one of the most future proof mining assets to own imo.

I would not trade the organization's owned equipment for ASICs and pocket the added power. That is one of the many advantages to being an organization and not a mining bond, and the reason why I feel that seats are currently being undervalued. We will grow and over time you will see a seat bought today being worth FAR MORE than 2MH/s in hashing power.