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Author Topic: HMT - Hash Master Tech IPO! Invest in an already established company.  (Read 2602 times)
GWilkiejr (OP)
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September 10, 2014, 12:25:17 PM
 #1

Wanted to post the link here for everyone to see: 

https://bitcointalk.org/index.php?topic=775555.msg8739634#msg8739634

We have our primary thread under the announcement section.
floatyfish
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September 11, 2014, 03:47:07 AM
 #2

It seems like you guys have a good thing going, why come to the community for fundraising? How often do you foresee the minimum payment being higher than .005BTC? Also, what about potential competitors?

If you feel like donating: 1NtgJf4znCsA5GJDCbqtowHL2143WyqLkC
GWilkiejr (OP)
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September 11, 2014, 02:35:02 PM
 #3

Floaty,

 Good questions.  Here are the answers to your questions:

1) Expansion is expensive!!  With BTC mining if you are not growing rapidly then you are dying slowly.       
2) Competition is part of mining from day 1 until you stop.  So we are not extremely concerned with that aspect.  We see the dividend being larger than .05 roughly 25% of the time, but that is no guarantee.  It may be more it may be less.

The biggest thing with mining is to stay a certain level above the average miners hashrate to ensure you get more coins than them and to ensure you have as close to 100% up time as you can.
floatyfish
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September 12, 2014, 05:20:30 AM
 #4

Three more questions. Since the difficulty is always rising, how quick do you see machine turnover to be, and how aggressive are you guys when it comes to selling your used machines? Also, let's say that a shipment of new machines is held up for unexpected reason. How would you deal with that? Thanks.

If you feel like donating: 1NtgJf4znCsA5GJDCbqtowHL2143WyqLkC
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