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.
