Post
Topic
Board Service Discussion (Altcoins)
Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months
by
david123
on 23/11/2014, 21:36:18 UTC
About the 40K0 deal - its negative balance for us now, but will bring more customers next week.
Can someone explain what this shall mean? Is this to explain why there was quantity -1 showing up for the
40k0 pack or does he say that the shares were sold below the "production cost"??

The shares he sold are not backed up by hardware. So he sold them in advance to get money for new chips. This is my understanding, but I might be wrong.
At first, I didn't like this interpretation. Chris admits selling shares that aren't backed up by any HW, hmm, not  good. But now it's really charming, like a revenge for bfl and all the preorder scammers: we customers get payouts in advance for miners which aren't yet produced. Sound great to me Cheesy