1) I saw the graphic of electricity cost. Are you charging your entire electricity bill toward the ASIC mine or prorating it by some equation?
Good question, haven't gotten the bill yet after running the ASIC, was considering just paying it myself if it's cheap enough, or just discussing a solution with the people who purchased. I'm far from impossible to work with, if anything naive for being overly generous.
2) This is a physical asset in a real location. What security measures are you taking both for physical security and to protect the ASIC mine from line voltage surges?
Also good question. I'm behind 3 security doors in a house in the middle of the country. Pretty sure a surge protector would handle the unlikely event of a surge.
How long do you intend to operate this ASIC miner?
Forever. Until it explodes into a million pieces on it's own.
If you decide to sell it do the profit sharing members get a corresponding share of the final sale price?
Let's answer this and all other profit related questions in a single swoop: No one owns the rig but me, and I have no obligations to do anything other than keep my word to divvy out percentages of profits (which will be handled insanely transparently). Any income from that rig will be given out, even if it is from selling the rig (which wouldn't happen unless 100% of the people who bought recommended it to me).
3) Without being too impolite or personal, what kind of medical emergency?
Nothing life threatening, nothing worth mentioning, but still needs to be paid for, and just to dispel rumors before they start, no it's not to make my eyes look more Korean.
Finally, why 2 BTC per 1% share?
Because that's how much I need for the surgery. You're welcome to make a counter offer with explanation if you'd like.
I have read entirely too many posts by you, about you and about your activities here.
If you have a generally bad opinion of me, you haven't read *enough* posts or talked to the right people, or you value the opinion of people who've never worked with me or transacted with me at all over those who have for some reason. For example, the news says that Bitcoin is only used for drugs and child porn, so it's true, right?
You seem to be experiencing a pretty steep learning curve.
If you believe that, then it'd also be reasonable to assume that I'd be insane not to learn from my mistakes quickly (given the steepness of the curve of learning necessary for survival).
Now I have to ask myself, can I (and the rest of the newbies) trust you with upwards of $2500?
I spent a lot of 2 years worried about keeping from breaking promises while making promises I couldn't keep. That's one of the most important lessons I learned last year especially. I'm not interested in doing anything that requires you to work hard to trust me. You either do or you don't. There are plenty who trust me with much more than those ASICs are worth in a heartbeat.
What would you recommend?
Ask people who actually know me, not people who have never even worked with or performed transactions with me if you want a proper opinion. It's true that I have always enjoyed life (
http://www.youtube.com/user/BitTalkTV) but it's also true that I've never stolen anything from anyone here and always worked double time to make up for mistakes. Again, you either trust me or you don't.
Thanks for the honest questions!
