Author

Topic: [ANN] Distressed Mining Assets Fund (Read 479 times)

legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
August 20, 2013, 01:44:40 PM
#1
Basics:

Create a fund to wait for existing mining hardware to become distress because of the large difficulty increase.   I currently own and operate a hosting facility that can handle this hardware.   Hardware would be hosted with my company and the fund would operate on the 2/20% principle.    Management fee would be 2% of principle and 20% of the profits.  The rest would be evenly distributed to participates based on their level of involvement.   


If you are interested in funding this project, PM me.   
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