Update and Dividends of August
2014/9/13
ROCKMINER team commits in this report there is no false records, misleading statements or significant missing and will undertake corresponding responsibilities for the authenticity, accuracy, completeness of the contents.
Statement: We hereby apologize for the delay of dividends and updates of August due to production issues and holiday.
1.State of Operation and Dividends Scheme of August
1) In August, we mainly produced 1,000 units of T1 Bitcoin miner (based on ASICMINER’s open source blades). About 300 qualified ones have been sold. And only a few of them were sold at price above our cost while the rest majority were sold at price lower than the cost because of price comparison and fierce market competition. Overall, this batch of T1 miner has been in loss.
2) About 700 units of R3/R4, 1,000 units of R-BOX were sold in August.
3) Total income of our mining farm in August is around 300BTC.
4) Dividend receivers for August are still our IPO shareholders, the total amount is 18.75BTC.
2.Next Operational Planning
1) Mining farm operation and maintenance, plus miner sales are still guarantee of company operation.
2) Continue to promote project of "Mining for Everyone". So far we have produced the first batch of an upgraded version of R-BOX---the New R-BOX, which is still orientated as miner for new players and education.
3) We will release the cgminer codes of New R-BOX, hoping that can improve the solution of miners and enhance the mining education function of products by the contribution of more and more engineers and enthusiast.
4) We originally planned to deploy at least 2P hashing power via cooperating with ASICMINER. But this plan has to be temporarily postponed for various reasons such as mining difficulty is rising up than our expectation, intense competition and prolonged low price of BTC. The plan waits to be carried out in the future at a proper timing.
5) Given the characteristics of this changeable industry, we will adjust strategies correspondingly. Some plans are under our consideration and will be announced at appropriate timing.
3. New Product Launching
ROCKMINER always insists on carrying out its "Mining for Everyone" program. The newly launched New R-BOX is another blockbuster of the program. We do hope through this small mining rig, which has exquisite interface and friendly user experience, more people can experience mining and understand the significance of mining. Besides, we also hope to contribute our own effort to promote and popularize Bitcoin.
Features of New R-BOX:
1) Higher hashing power than R-BOX, a better choice to meet the current mining demand.
2) A PSU with big capacity can drive several New R-BOXes at the same time.
3) Similar to R-BOX, the New R-BOX can be driven by PC or controller (Cubie or Raspberry Pi).
4) Similar to R-BOX, MediterraneanCoin can be mined by New R-BOX through underclocking.
5) Silent fans are selected for the New R-BOX to achieve low noise mining, as quiet as R-BOX.
6) Improved appearance with ROCKMINER logo on chassis, which increases the recognition of product and brand.
7) Improved product structure. The internal structure is hidden in a small chassis, which not only brings sense of technology but also increases safety of the product.
As for the parameters and appearance of New R-BOX, please refer to the attachment or visit our online shop: shop.rockminer.com
ROCKMINER TEAM
2014/9/13
