We're currently paying Rockminer to allow Havelock to make a profit from the trading of AMHash shares. How does this make any sense from an AM shareholder's perspective?
I told you in the past that AM is indirectly sending part of their profits to the 3rd parties involved. You told me that I eat shit. Ok.
*While I may look that I like to put salt on the would, I am just stating my point of view no matter if it hurts or not and no matter how much shit will you throw at me.So they retained 60PH of hardware rather than resell it? Why in the world for? Whenever they have a product for sale, buyers line up to pay them more in BTC than than the hardware would ever hope to generate. Sure, it feels good to AM shareholders who can say "our hash rate is X and we'll earn Y BTC over the next 9 moths", which is nice, but had FC put those units up for sale, he could have earned Y * 1.1 BTC for his shareholders as soon as the hardware was sold out, rather than by the time it reaches the end of its useful life.
i should probably shut up... I haven't owned AM shares since BTCT.co shutdown...
Wait until you find out that while they had a lot of hashpower available they preferred to let it sit on shelves instead of starting self-mining.