1) Since this is lifetime contract what will be mined after all BTCs are mined?
2) What will happen if we do not collect enough money for 5000 S9s?
3) In the future, you will offer hasing power for cloud mining. How will that affect the investors?
4) What happens if other players come on the market, Like Halong Mining with their 16TH miners? Will you bay asics from them?
5) What happens when the asics are outdated but still functional? Will you sell them? If so will the backers have the privilege to bay them off first and at what price? And if you sell them will that be considered as our mutual profit?
6) Why is 20% of profit intended for OPERATING COSTS AND MAINTENANCE? If, you pay electricity 0,03 USD per kWh that is like up to 10% ( with this BTC price). Where another 10% goes for?
Thank you for your understanding.
1. It will start from July 2018.
2. We already passed our soft cap in the first phase. It was 50k. Now whatever we get we will start.
3. We will not offer hashing power, we will offer a share of profit.
4. We will get best ones. Firstly we will provide analysis of all current miners.
5. Yes, we will give such opportunity to our backers.
6. We will upgrade and fix our miners and make better conditions to holding this ASICs.
TNX for your answers, but I need some clarification. I spouse you are very tired and that is why you didn't answer me everything.
1) What will be mined after all the BTCs are mined? ( I know when you are starting the mining process)
2) Question answered.
3) In the future, you will offer hasing power for cloud mining. How will that affect the investors? ( I understand that in ROCK 2 phase we as investors will receive a share of a profit. My question is regarding the future project,are you planning next project Cloud mining? If, so how that will affect investors from a ROCK2 project?)
4) Question answered.
5) Question answered.
6) Why is 20% of profit intended for OPERATING COSTS AND MAINTENANCE? If, you pay electricity 0,03 USD per kWh that is like up to 10% ( with this BTC price). Where another 10% goes for? ( So, from OPERATING COSTS AND MAINTENANCE, as you explained, you will among other things upgrade and fix our miners? And 20% of profit is intended for DIVIDEND REINVESTMENT, meaning you will use all this money just for buying new ASICs?
Thank you.
Sure
1. We will just switch to another profitable crypto at the moment when all BTC will be mined
3. We will not offer cloud mining anymore. There will be shared mining offers. No other phases will affect the second phase. All phases are separated from each other and have different business models.
6. 20% will be spent monthly ONLY for buying new miners. 20% - fees and maintenance. With the price of 0,03$ per kWh, we still have to pay bills on the security system, guardians, fire protection system, salary of technicals and much other staff.
Out of curiosity, how much are those advertising videos? I mean how much does Youtube charge you? 