I feel a bit betrayed...
they took the money in preorders and grew on the backs of the small miners
now that they are at other level, they say: adios!
....
they took the money in preorders and grew on the backs of the small miners
now that they are at other level, they say: adios!
....
dude where are they going? From what I understand they are still making miners!!
Not for you anyway. BCTS will have exclusive rights over future miners.
Quote
BTCS purchased a 6.6 percent equity interest in Spondoolies, and received certain exclusivity rights and pricing for current and future Spondoolies' products
Maybe.
That's a rather vague statement. I could simply mean they get first shot at them, or that they get them first, all the way through control of product marketing. Without seeing the specific language, we have no idea what is exclusive to them.
It could absolutely mean either, yes. It appears to represent that they have control over the generation, so its up to them what they do with it. For example they could keep it to themselves until they fill most of their capacity then sell it to 'consumers' [other big ass farms]. Do remember that they'll also have every incentive not to screw the ST part of the business as they'll be majority shareholders, so even if it means waiving their first dibs they may just sell to others from the start if its the most profitable.
