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Author Topic: Inquiry: 100 TH/s bitcoin mine passthrough  (Read 973 times)
Gomeler
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May 31, 2013, 05:08:52 AM
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What: Is there any interest in a 100 TH/s bitcoin mine passthrough? Currently 100 TH/s bitcoin mine(referenced as 100TH moving forward) is only traded at picostocks. 100TH appears to have a solid business plan and has the opportunity to be a competitor to ASICMINER in the short-term. 100TH does not have plans for future expansion beyond their initial installment of 103 TH/s. This evaluates to 200 MH/s per share. 100TH recently received their wafers from fabrication so we should have some news on whether their first attempt was a success or failure soon.

Why: The potential for acceptable amounts of short-term profits. I don't have any delusions that 100TH will remain relevant a year from now but their goal is a 100% ROI by end of September. Past that for myself it would another source of passive worry-free income. Opening up this passthrough would expose 100TH to a wider audience and increase liquidity for both myself and other traders.

Where: BitFunder or BTCT. I'm leaning towards BTCT but I would appreciate feedback.

About me: I started mining just before the great pump and dump of 2011. Since then my BTC fortunes have rose to great heights only to crash to dark lows(pirateat40..). Right now I operate 15 GH/s of ASIC/FPGAs and have another ~10 GH/s of GPUs that are to be reinstalled next month. In the past I've run a GPU farm that grew from ~6 GH/s to 15 GH/s. Lastly, I have ASICMINER holdings and I would like to diversify my BTC denominated investments. 100TH appears to be a promising candidate but frankly picostocks is less than ideal for daytrading stocks.
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May 31, 2013, 11:24:36 AM
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Pointless. There are PTs for SDICE and etc because you need 25 BTC to trade there. There are PTs for ASICMINER because there is no official stock exchange. Look how well the btct.co PTs are doing on BitFunder - that will be what your PT will perform.

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May 31, 2013, 04:19:58 PM
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Pointless. There are PTs for SDICE and etc because you need 25 BTC to trade there. There are PTs for ASICMINER because there is no official stock exchange. Look how well the btct.co PTs are doing on BitFunder - that will be what your PT will perform.

Useful feedback. I'll just plow the 5 BTC registration fees into more shares  Smiley
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