[BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 16.

julz

legendary

Activity: 1092

Merit: 1001

Quote from: iCEBREAKER on August 10, 2014, 06:37:06 PM

If Will can get us a deal on some sweet Golden Nonce chips/wafers, there is still a chance to turn this thing around...

Unfortunately - as with all punts on Bitcoin mining, the return from any such deal is highly dependant on it getting done quickly.

I went in on IceDrill in a pretty big way - but at this point I'm resigned to the fact that HashFast has pretty much screwed us... and we may as well see what Will can claw back off them.

It probably doesn't make much sense to just disburse what little is currently held - and not have any chance of claiming something back from HF... unless whatever IP/etc possibly gained from HashFast is depreciating rapidly, and this thing looks like dragging on too long.

Blazed

legendary

Activity: 2128

Merit: 1119

Quote from: kako_number3 on August 10, 2014, 06:03:42 AM

Quote from: Blazed on August 09, 2014, 08:30:08 PM

If all those funds they are holding are the investors then why not send them out? My guess is they plan on spending them on some sort of deal to acquire something of Failfast's...what that is is anyone's guess. I sure hope they put that to a vote before spending everyone's divs and getting them deeper into this disaster.

Lol, first I see you in nasty fans doing -65% over 2 years, now here. Are you like a professional loser?

iCEBREAKER you are so stupid, it goes off the scale Sad

Hey troll guess what?? I almost bought into this, but decided not too...just been following it, and glad that I decided last year that BTC + Securities = a bad time. I feel sorry for the people who are getting screwed in this (my buddy has a decent amount invested). For the record the Nasty Fans was my only purchase...a whopping 1.5BTC. I know I must be dumb to be down almost 1 entire Bitcoin...such wealth and all.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: _mr_e on August 09, 2014, 07:37:57 PM

You may be right, but if they had at least taken some time to explain that themselves and stop dicking us around with changing IPO terms and introducing fucked up AML after the fact I am sure we would all feel a lot differently.

Given the events of the last year, it should be obvious that the original IPO terms are no longer viable. The AML was the result of ID attempting to provide share liquidity while avoiding the fate of Bitfunder & Co.

I agree it is a conflict of interest for the asset issuer to also be the exchange operator. Ciphermine did the same thing with Ciphertrade, with equally unsatisfactory results which pleased no one at all.

But compared to CipherKate's disappearance, Will and Terra has been very available and forthcoming. If you need more hand-holding than has been provided, just ask on this thread and it will be provided.

If Will can get us a deal on some sweet Golden Nonce chips/wafers, there is still a chance to turn this thing around...

kako_number3

newbie

Activity: 20

Merit: 0

Quote from: Blazed on August 09, 2014, 08:30:08 PM

If all those funds they are holding are the investors then why not send them out? My guess is they plan on spending them on some sort of deal to acquire something of Failfast's...what that is is anyone's guess. I sure hope they put that to a vote before spending everyone's divs and getting them deeper into this disaster.

Lol, first I see you in nasty fans doing -65% over 2 years, now here. Are you like a professional loser?

iCEBREAKER you are so stupid, it goes off the scale Sad

Blazed

legendary

Activity: 2128

Merit: 1119

If all those funds they are holding are the investors then why not send them out? My guess is they plan on spending them on some sort of deal to acquire something of Failfast's...what that is is anyone's guess. I sure hope they put that to a vote before spending everyone's divs and getting them deeper into this disaster.

_mr_e

legendary

Activity: 817

Merit: 1000

Quote from: iCEBREAKER on August 09, 2014, 05:30:41 PM

Quote from: molecular on August 09, 2014, 04:02:56 AM

Quote from: dplusf on August 09, 2014, 03:03:11 AM

can anybody sumarize whats going on here?

icedrill is mining, yet shareholders only receive token amounts.

What's going on is icedrill making heroic efforts to prevent actualizing investors' 90%+ paper losses.

Will has been instrumental in bringing together HashFast creditors.

icedrill's industry leading expertise with industry leading HF technology should logically play a role in the upcoming arrangement to maximize creditor recoveries.

icedrill has been patiently awaiting the opportunity to accrue HF assets, whether by itself or in a partnership.

icedrill needs to have plenty of capital available for this process, hence they have been saving up a nice pile of BTC.

Some noob investers think they have a god given right to pull out whenever the impulse hits them, and are throwing fits because reality won't cooperate with their whims.

DeadTerra is about as far from a scammer as you can get. Just look at his trust rating, it's one of if not the highest scores on this BBS.

We haven't even finished the legal wrangling, much less gotten to the point where anything actually productive may be accomplished.

I don't know why hoofy and moley are so eager to settle for pennies on the dollar, while a great opportunity is within our reach.

dropt is just a raging foaming idiot, so don't expect him to act rationally.

You may be right, but if they had at least taken some time to explain that themselves and stop dicking us around with changing IPO terms and introducing fucked up AML after the fact I am sure we would all feel a lot differently.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: molecular on August 09, 2014, 04:02:56 AM

Quote from: dplusf on August 09, 2014, 03:03:11 AM

can anybody sumarize whats going on here?

icedrill is mining, yet shareholders only receive token amounts.

What's going on is icedrill making heroic efforts to prevent actualizing investors' 90%+ paper losses.

Will has been instrumental in bringing together HashFast creditors.

icedrill's industry leading expertise with industry leading HF technology should logically play a role in the upcoming arrangement to maximize creditor recoveries.

icedrill has been patiently awaiting the opportunity to accrue HF assets, whether by itself or in a partnership.

icedrill needs to have plenty of capital available for this process, hence they have been saving up a nice pile of BTC.

Some noob investers think they have a god given right to pull out whenever the impulse hits them, and are throwing fits because reality won't cooperate with their whims.

DeadTerra is about as far from a scammer as you can get. Just look at his trust rating, it's one of if not the highest scores on this BBS.

We haven't even finished the legal wrangling, much less gotten to the point where anything actually productive may be accomplished.

I don't know why hoofy and moley are so eager to settle for pennies on the dollar, while a great opportunity is within our reach.

dropt is just a raging foaming idiot, so don't expect him to act rationally.

kako_number3

newbie

Activity: 20

Merit: 0

Quote from: dplusf on August 09, 2014, 03:03:11 AM

can anybody sumarize whats going on here?

deadterra is a long known scammer. People don't get it (yet).

Hoofprint

full member

Activity: 428

Merit: 100

Quote from: molecular on August 09, 2014, 04:02:56 AM

Quote from: dplusf on August 09, 2014, 03:03:11 AM

can anybody sumarize whats going on here?

icedrill is mining, yet shareholders only receive token amounts.

you forgot to mention the AFK leaders of this scam project that only seem to appear when someone starts talking about legal action

molecular

donator

Activity: 2772

Merit: 1019

Quote from: dplusf on August 09, 2014, 03:03:11 AM

can anybody sumarize whats going on here?

icedrill is mining, yet shareholders only receive token amounts.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: rtt on August 07, 2014, 09:45:40 PM

Quote from: pedrog on August 07, 2014, 04:02:47 PM

Quote from: molecular on August 07, 2014, 03:57:46 PM

476 satoshis have been payed out per share... is that correct?

Yap, that's what I've received.

How long does the actual BTC transmission take from the time of the withdrawal request? Thanks

I haven't tried to be hones. This is just token amount, it seems. Not worth the hassle to even try to withdraw.

To be frank: I don't understand the reasoning of not distributing mining rewards... can someone reiterate?

dplusf

sr. member

Activity: 258

Merit: 250

can anybody sumarize whats going on here?

_mr_e

legendary

Activity: 817

Merit: 1000

Quote from: runam0k on August 08, 2014, 08:12:00 AM

Quote from: stevenroose on August 07, 2014, 05:58:32 PM

Quote from: molecular on August 07, 2014, 03:57:46 PM

I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.

It's not a great website.

stevenroose

full member

Activity: 530

Merit: 100

https://www.pax-coin.io/

Quote from: runam0k on August 08, 2014, 08:12:00 AM

Quote from: stevenroose on August 07, 2014, 05:58:32 PM

Quote from: molecular on August 07, 2014, 03:57:46 PM

I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.

It's not a great website.

In fact, it's one of the worst websites I've ever seen. It reminds me of MtGox as it was written in PHP as well.

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: stevenroose on August 07, 2014, 05:58:32 PM

Quote from: molecular on August 07, 2014, 03:57:46 PM

I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.

It's not a great website.

rtt

newbie

Activity: 48

Merit: 0

Quote from: pedrog on August 07, 2014, 04:02:47 PM

Quote from: molecular on August 07, 2014, 03:57:46 PM

476 satoshis have been payed out per share... is that correct?

Yap, that's what I've received.

How long does the actual BTC transmission take from the time of the withdrawal request? Thanks

stevenroose

full member

Activity: 530

Merit: 100

https://www.pax-coin.io/

Quote from: molecular on August 07, 2014, 03:57:46 PM

476 satoshis have been payed out per share... is that correct?

I can't seem to find dividend history on Cryptomex, do you? All I see is an amount "funds balance" (BTC? mBTC?), no history and no dividend information on the ICE unit page.

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: molecular on August 07, 2014, 03:57:46 PM

476 satoshis have been payed out per share... is that correct?

Yap, that's what I've received.

molecular

donator

Activity: 2772

Merit: 1019

476 satoshis have been payed out per share... is that correct?

WillMilk4Coin

member

Activity: 83

Merit: 10

Quote from: will on August 06, 2014, 04:39:09 PM

A new round of PU assignments has been completed @ cryptomex.io for new sign-ups.

If you've signed up after the initial reward assignments, you should now be able to initiate withdrawal of those (retroactively assigned) amounts.

Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 16. (Read 378708 times)