https://i.imgur.com/94T3EUX.pngTOPMINE is a new innovative ASIC company registered as BitMining LLC in Shenzen. We are currently working on producing 65nm ASIC mining hardware and are offering our IPO to finalize our tape out. Our chip specs are 1 GH/s consuming 1.9 watt per chip. Our team has extensive hardware design and development experience. We have decided to attempt to raise funding through Bitcoin and help the community achieve great returns.
The IPO will be used to pay for our first tape out as well as equipment (boards, power chips, rent,electricity, etc) to deploy 250 TH/s in early November. Using the latest estimates, we are confident that we can keep at least 5% of the network hash rate until at least January 2013. We will also be selling our hardware to hobbist miners.
IPO details and timing10 million shares will be available for bidding on BitFunder.
1 million shares will be priced at the early bird's price of 0.0008 BTC each
3 million shares will be priced at 0.001 BTC
3 million shares will be priced at 0.0015 BTC
3 million shares will kept by management.
Asset Unlocked - Early Bidding Available.
Timer removed. End time: 2013-10-7+10:00:00UTC
The IPO will be considered a success if at least 2 million shares are sold within one week. Each share is entitled to 1/10,000,000th of the profits of BitMining LLC.
Shares of TOPMINE on BitFunder do not represent real world shares of BitMining LLC. The shares are solely a distribution mechanism for rights to profits of BitMining LLC. Profit distribution will not be dependent on BitFunder’s existence, in the case of where BitFunder is closed down the asset will be moved to another platform, if no adequate platform exists then payouts will happen manually to the shareholders bitcoin address.