Wow, this Troll talks some serious crap. If anyone can make sense of anything of his on this page please explain - the truth hurts his little boat that's clear!
If he sold his Icedriller shares already, then he did so for a big big loss, look at their chart from IPO - double lolly lol lolz. Each Sierra is 7k and he bought atleast 2 (his use of the plural). So he pulled 14k USD out of icedrill I would say about a month ago, maybe more recently? So from 0.0015 he could only have sold at 0.0010 at best. So he lost 7k USD right there minimum.
Anyone else double lol-ing at that? And this guy claims to be an expert - but poke him a bit and his crap investment moves come out, his ego means he just can't keep quiet about them. The micedrill chart doesn't lie, it's never shown a profit from IPO!
Well apologies to have mentioned the Troll. The thing about Trolls is they are almost exclusively motivated by their tragic little egos. So the merest mention and they are all over you, like an unpleasant rash. There may be more, but now you know, the guy is clueless. 7k hit - OWCH!
This is pretty simple to understand:
1. I have sold zero shares.
2. 120,000 IceDrill shares may be traded for a Batch 1 Sierra.
Source:
Hi All
As stated, each IceDrill.ASIC share represents 10Mh/s at the start of the mine becoming operational. What we would like to propose is a shares for hardware swap. So, instead of selling their shares into the open market (to clear their positions) investors instead take possession of the hardware itself. For this trade, these shares would be handed back to us and then simply destroyed.
You can clear your IceDrill.ASIC BitFunder position without selling all your shares for cheaper than they are worth.
The hardware for share swap is calculated as follows:
1200 000 Mh (one Sierra unit) / 10 Mh (per share) = 120 000 shares per Sierra unit.
How many shares of ACTM does it take to trade for 1.2TH of 3rd gen ASIC?
One million? Two million? More than the cheerleaders own?
