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Author Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)  (Read 377608 times)
dropt
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August 04, 2014, 11:12:27 PM
 #2041

He's minimizing our loss by working to maximize value accrued from HF's assets.  ID has a large role to play in an optimal solution, because they have the most extensive experience building and running HF based mines.
I don't take that as looking out for the shareholder's (my) best interest.  I count that as looking out for his own. 

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HF is dead, but the GN1 is still the best ASIC available and its successors (GN 1.5 and GN2) are even further ahead of the competition.  KnC might bid on the IP just to keep it off the market.
Sure they are, likely this is just more unsubstantiated bullshit falling out of your mouth.

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There was no need to act like we'd invested more than we could afford to lose back then, nor is there now.

I've never invested more than I could afford to lose, that doesn't mean I'm going to sit here as some apathetic POS and let them fuck around with our interests.
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August 04, 2014, 11:29:17 PM
 #2042

He's minimizing our loss by working to maximize value accrued from HF's assets.  ID has a large role to play in an optimal solution, because they have the most extensive experience building and running HF based mines.
I don't take that as looking out for the shareholder's (my) best interest.  I count that as looking out for his own. 

Quote
HF is dead, but the GN1 is still the best ASIC available and its successors (GN 1.5 and GN2) are even further ahead of the competition.  KnC might bid on the IP just to keep it off the market.
Sure they are, likely this is just more unsubstantiated bullshit falling out of your mouth.

Quote
There was no need to act like we'd invested more than we could afford to lose back then, nor is there now.

I've never invested more than I could afford to lose, that doesn't mean I'm going to sit here as some apathetic POS and let them fuck around with our interests.

You voluntarily chose to align interests with ID (and by HF by proxy) when you purchased shares.  You should have known, and better anticipated/prepared for, the substantial risks, drama, and potential duration of non-liquidity involved.  It is no fault of ID's that you are an unsophisticated person/noobvestor.

If you know of a more advanced ASICs than HF's GN 1/1.5/2 I'd love to hear about them.  But you don't.  You just want to lash out and pooh-pooh everything associated with things that hurt your precious feelings.  It's unseemly and you should stop.  But I know you won't. 

There is a middle path between the 'apathetic POS' and 'raging butthurt loser' routes.  It's what most of us are doing.  Please join us.


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dropt
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August 05, 2014, 01:25:59 AM
 #2043

You voluntarily chose to align interests with ID (and by HF by proxy) when you purchased shares.  You should have known, and better anticipated/prepared for, the substantial risks, drama, and potential duration of non-liquidity involved.
I was well aware of the potential risks, drama, and duration of non-liquidity.  What I wasn't accounting for were fundamental changes to the terms of the IPO after those shares were sold.  I further wasn't aware that they would be reducing the mine to compensate for their overall failure to raise sufficient funds.  I also was not aware that the IPO funds would be misappropriated by buying an interest in Cointerra.  I further did not expect Ukyo and BF to go under, and in the unlikely event that that DID occur, that Digimex would take it upon themselves to build their own "securities exchange" instead of re-listing on any of the others available.  You keep operating as if we're all at the mercy of the same delusions that you are.  In what world are all of these mishaps were to be expected and/or accounted for only to be summed up with the opinion that the operators are doing what they're doing in the shareholder's best interest?

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It is no fault of ID's that you are an unsophisticated person/noobvestor.
And you're right here with us, so I guess you're an "unsophisticated person/noobvestor" all the same.  My only fault is that I incorrectly took DT to be an ethical and honest operator, which now I can certainly tell is not the case.

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If you know of a more advanced ASICs than HF's GN 1/1.5/2 I'd love to hear about them.  But you don't.  You just want to lash out and pooh-pooh everything associated with things that hurt your precious feelings.  It's unseemly and you should stop.  But I know you won't. 
HF GN 1.5 and 2.0 are vapourware, I certainly don't give a fuck what they may or may not be and I'm not interesting in having coins that are not the rightful property of ID being used to find out.  I further don't give a fuck what your opine is of that matter, you've already proven yourself to be unethical POS time and time again.  I don't expect anything to change as in some instances you really can't teach an old dog new tricks.

Quote
There is a middle path between the 'apathetic POS' and 'raging butthurt loser' routes.  It's what most of us are doing.  Please join us.
No thanks, when people talk about bad apples ruining the bunch, they're talking about you.
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August 05, 2014, 01:06:03 PM
 #2044

Hi

Financial statement came through this morning. Will give it a look over today and post when ready.

A round of new sign-up PU assignments is planned for today, along with retroactive reward assignments to those accounts.

After this, we'll announce a new reward assignment. My aim is to get this done before Friday.

Committee work is ongoing; I'd love to share more details on it, and am advocating for a more open process and transparent communication, but it's not up to me what can and can't be made public.

Will
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August 06, 2014, 09:39:09 PM
 #2045

A new round of PU assignments has been completed @ cryptomex.io for new sign-ups.

If you've signed up after the initial reward assignments, you should now be able to initiate withdrawal of those (retroactively assigned) amounts.
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August 07, 2014, 12:50:40 PM
 #2046

Hope to receive some decent reward assignments instead of disrespectful dust, this time around.
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August 07, 2014, 05:37:17 PM
 #2047

A new round of PU assignments has been completed @ cryptomex.io for new sign-ups.

If you've signed up after the initial reward assignments, you should now be able to initiate withdrawal of those (retroactively assigned) amounts.


molecular
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August 07, 2014, 08:57:46 PM
 #2048

476 satoshis have been payed out per share... is that correct?

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
pedrog
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August 07, 2014, 09:02:47 PM
 #2049

476 satoshis have been payed out per share... is that correct?


Yap, that's what I've received.
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August 07, 2014, 10:58:32 PM
 #2050

476 satoshis have been payed out per share... is that correct?


I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.

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August 08, 2014, 02:45:40 AM
 #2051

476 satoshis have been payed out per share... is that correct?


Yap, that's what I've received.

How long does the actual BTC transmission take from the time of the withdrawal request? Thanks
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August 08, 2014, 01:12:00 PM
 #2052

I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.
It's not a great website.
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August 08, 2014, 10:31:03 PM
 #2053

I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.
It's not a great website.

In fact, it's one of the worst websites I've ever seen. It reminds me of MtGox as it was written in PHP as well.

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August 09, 2014, 03:51:05 AM
 #2054

I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.
It's not a great website.
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August 09, 2014, 08:03:11 AM
 #2055

can anybody sumarize whats going on here?
molecular
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August 09, 2014, 09:02:09 AM
 #2056

476 satoshis have been payed out per share... is that correct?


Yap, that's what I've received.

How long does the actual BTC transmission take from the time of the withdrawal request? Thanks

I haven't tried to be hones. This is just token amount, it seems. Not worth the hassle to even try to withdraw.

To be frank: I don't understand the reasoning of not distributing mining rewards... can someone reiterate?

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molecular
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August 09, 2014, 09:02:56 AM
 #2057

can anybody sumarize whats going on here?


icedrill is mining, yet shareholders only receive token amounts.

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August 09, 2014, 12:44:13 PM
 #2058

can anybody sumarize whats going on here?


icedrill is mining, yet shareholders only receive token amounts.


you forgot to mention the AFK leaders of this scam project that only seem to appear when someone starts talking about legal action

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August 09, 2014, 03:16:52 PM
 #2059

can anybody sumarize whats going on here?

deadterra is a long known scammer. People don't get it (yet).
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August 09, 2014, 10:30:41 PM
 #2060

can anybody sumarize whats going on here?

icedrill is mining, yet shareholders only receive token amounts.

What's going on is icedrill making heroic efforts to prevent actualizing investors' 90%+ paper losses.

Will has been instrumental in bringing together HashFast creditors.

icedrill's industry leading expertise with industry leading HF technology should logically play a role in the upcoming arrangement to maximize creditor recoveries.

icedrill has been patiently awaiting the opportunity to accrue HF assets, whether by itself or in a partnership.

icedrill needs to have plenty of capital available for this process, hence they have been saving up a nice pile of BTC.

Some noob investers think they have a god given right to pull out whenever the impulse hits them, and are throwing fits because reality won't cooperate with their whims.

DeadTerra is about as far from a scammer as you can get.  Just look at his trust rating, it's one of if not the highest scores on this BBS.

We haven't even finished the legal wrangling, much less gotten to the point where anything actually productive may be accomplished.

I don't know why hoofy and moley are so eager to settle for pennies on the dollar, while a great opportunity is within our reach.

dropt is just a raging foaming idiot, so don't expect him to act rationally.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
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