[BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 46.

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: dropt on February 26, 2014, 07:53:09 PM

Quote from: DeaDTerra on February 10, 2014, 11:01:24 AM

I hope that I have answered your questions, if not please restate them in the same concise way.
https://docs.google.com/spreadsheet/ccc?key=0AjO5QWRR9dAHdGN2bVhwclZxdkNDQXM2b2tiMi1DaXc&usp=drive_web#gid=0

We thank you for your continued patience and understanding.

I finally got a round to viewing this, and I must ask: WHAT IS THIS GARBAGE? Did you hack this up in 4 minutes on your phone while taking a shit? If you're going to make up a bunch of bullshit to try and feed us at least make it plausible. In what fucking world does a "snapshot of economy" (whatever the eff' that is) contain solely whole numbers?

$2,000,000.00 ON THE DOT for HF hardware? BULLSHIT. What are the real numbers? Further, if you're going to insist that these are them then I want some transparency. I want a copy of the sales order posted to prove that this isn't a bunch of shit you pulled out of your ass, which I'm quite sure it is. Feel free to redact any personal information.

The bitcoin transactions for the units have been posted here before they amount to 20 000 BTC which was locked at 100 USD per BTC, giving us 2 mill USD for the 235 Thash worth of equipment.
The full trail and math will be in the audit so you can look at them yourself

We also have the receipts from HF if you don't believe me.

//DeaDTerra

DeaDTerra

donator

Activity: 1064

Merit: 1000

I have received a draft of the audit, it looks good and was done by a third party.
As Will said it will be posted soon.
//DeaDTerra

Quote from: VolanicEruptor on February 27, 2014, 05:10:45 AM

btw..You can't use CEX.IO to determine the value of a GH/s because that value is artificially inflated by the fact that you are buying it like a stock. People don't actually pay that much for the hash power itself. Unless you think you can somehow sell your hash power on CEX, which you can't, then this number is useless.

It would be like an oil company being worth $12/share, and somehow misinterpreting that as the right to buy oil at $12/barrel. Doesn't work that way.

It was meant for a short term overview, until we got the audit done. It can not be used for calculate true asset value as the CEX price includes such things as hosting and electricity.

Quote from: babybonobo on February 27, 2014, 04:50:33 AM

Are any IceDrill funds involved with MTGOX? Just thought I'd ask the question...

No, we do not have any funds at MtGox.

//DeaDTerra

VolanicEruptor

sr. member

Activity: 392

Merit: 250

btw..You can't use CEX.IO to determine the value of a GH/s because that value is artificially inflated by the fact that you are buying it like a stock. People don't actually pay that much for the hash power itself. Unless you think you can somehow sell your hash power on CEX, which you can't, then this number is useless.

It would be like an oil company being worth $12/share, and somehow misinterpreting that as the right to buy oil at $12/barrel. Doesn't work that way.

babybonobo

sr. member

Activity: 278

Merit: 250

#hardworkpaysoff

Are any IceDrill funds involved with MTGOX? Just thought I'd ask the question...

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: will on February 26, 2014, 09:07:25 PM

Hiya

Financial report should be posted around the weekend. Just sorting out verified shareholder access to that download at the moment (same as mine state link), it requires a bit of custom coding.

Apologies for the lateness. All my fault, due to current travel and work priorities, all of which are directly related to IceDrill.

Quote from: jimmothy on February 26, 2014, 07:59:01 PM

This isn't a real financial report is it?

No, the link you're referring to is not a financial report. If anyone from our side stated that it is, please show me where so I can rectify it.

Will, how much are we hashing?

will

full member

Activity: 179

Merit: 100

Hiya

Financial report should be posted around the weekend. Just sorting out verified shareholder access to that download at the moment (same as mine state link), it requires a bit of custom coding.

Apologies for the lateness. All my fault, due to current travel and work priorities, all of which are directly related to IceDrill.

Quote from: jimmothy on February 26, 2014, 07:59:01 PM

This isn't a real financial report is it?

No, the link you're referring to is not a financial report. If anyone from our side stated that it is, please show me where so I can rectify it.

lenny_

legendary

Activity: 1036

Merit: 1000

DARKNETMARKETS.COM

I have enough of this. DEADTERRA, you are personally responsible to sort it out. We are waiting. We are patient. FOR NOW!

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: dropt on February 26, 2014, 07:53:09 PM

Quote from: DeaDTerra on February 10, 2014, 11:01:24 AM

I hope that I have answered your questions, if not please restate them in the same concise way.
https://docs.google.com/spreadsheet/ccc?key=0AjO5QWRR9dAHdGN2bVhwclZxdkNDQXM2b2tiMi1DaXc&usp=drive_web#gid=0

We thank you for your continued patience and understanding.

I finally got a round to viewing this, and I must ask: WHAT IS THIS GARBAGE? Did you hack this up in 4 minutes on your phone while taking a shit? If you're going to make up a bunch of bullshit to try and feed us at least make it plausible. In what fucking world does a "snapshot of economy" (whatever the eff' that is) contain solely whole numbers?

$2,000,000.00 ON THE DOT for HF hardware? BULLSHIT. What are the real numbers? Further, if you're going to insist that these are them then I want some transparency. I want a copy of the sales order posted to prove that this isn't a bunch of shit you pulled out of your ass, which I'm quite sure it is. Feel free to redact any personal information.

I lol'd at calculating the value based on cex.io. This isn't a real financial report is it?

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: paul3 on February 26, 2014, 12:20:17 PM

Quote from: will on February 17, 2014, 02:32:14 AM

Quick update:

1. Heads up: Incoming testing invitation from [email protected].
2. Stabilization work going well, ongoing along with full mine audit. Will share consolidated report when complete.
3. If you're a confirmed investor you can see the current mine state @ https://www.icedrill.io/minestate (has been the case for about a week now). Working on better (over time graphing) visualization, will follow when rdy.
4. Final draft of financial report has been done. Traveling at the moment, will post when I get back.

Some of you have heard me say this in the last few days:

Stabilizing a stack of engineering Sierras is not dissimilar from taming a wild, mathematical horse. The experience is magical

Hi Will,

any updates on the financial report?

+1

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: lenny_ on February 26, 2014, 08:28:06 AM

WHERE ARE DIVIDENDS??
DEADTERRA, YOU DIDN'T FORGET ABOUT SOMETHING?!

+1

dropt

legendary

Activity: 1512

Merit: 1000

Quote from: DeaDTerra on February 10, 2014, 11:01:24 AM

I hope that I have answered your questions, if not please restate them in the same concise way.
https://docs.google.com/spreadsheet/ccc?key=0AjO5QWRR9dAHdGN2bVhwclZxdkNDQXM2b2tiMi1DaXc&usp=drive_web#gid=0

We thank you for your continued patience and understanding.

I finally got a round to viewing this, and I must ask: WHAT IS THIS GARBAGE? Did you hack this up in 4 minutes on your phone while taking a shit? If you're going to make up a bunch of bullshit to try and feed us at least make it plausible. In what fucking world does a "snapshot of economy" (whatever the eff' that is) contain solely whole numbers?

$2,000,000.00 ON THE DOT for HF hardware? BULLSHIT. What are the real numbers? Further, if you're going to insist that these are them then I want some transparency. I want a copy of the sales order posted to prove that this isn't a bunch of shit you pulled out of your ass, which I'm quite sure it is. Feel free to redact any personal information.

paul3

member

Activity: 99

Merit: 11

Quote from: will on February 17, 2014, 02:32:14 AM

Quick update:

1. Heads up: Incoming testing invitation from [email protected].
2. Stabilization work going well, ongoing along with full mine audit. Will share consolidated report when complete.
3. If you're a confirmed investor you can see the current mine state @ https://www.icedrill.io/minestate (has been the case for about a week now). Working on better (over time graphing) visualization, will follow when rdy.
4. Final draft of financial report has been done. Traveling at the moment, will post when I get back.

Some of you have heard me say this in the last few days:

Stabilizing a stack of engineering Sierras is not dissimilar from taming a wild, mathematical horse. The experience is magical

Hi Will,

any updates on the financial report?

raskul

sr. member

Activity: 434

Merit: 250

Quote from: cedivad on February 26, 2014, 09:32:55 AM

80TH (60 sierras?) late February? Two months after the "working tech"?

It's strange at best.

(thanks)

it's been ramping up, all I know is what you see there, i'm sure all is well.

(welcome)

cedivad

legendary

Activity: 1176

Merit: 1001

80TH (60 sierras?) late February? Two months after the "working tech"?

It's strange at best.

(thanks)

raskul

sr. member

Activity: 434

Merit: 250

Quote from: cedivad on February 26, 2014, 08:56:59 AM

Screenshot of hashrate over time? Being a non shareholder I can't see it

http://ozco.in/content/user-top-20

Wink

cedivad

legendary

Activity: 1176

Merit: 1001

Screenshot of hashrate over time? Being a non shareholder I can't see it

lenny_

legendary

Activity: 1036

Merit: 1000

DARKNETMARKETS.COM

WHERE ARE DIVIDENDS??
DEADTERRA, YOU DIDN'T FORGET ABOUT SOMETHING?!

SimonBelmond

full member

Activity: 226

Merit: 100

Quote from: plunderisley on February 25, 2014, 09:49:43 AM

... any update on the dividends? How will they be sent? will they go to the BTC address that was signed and on my account page?

Or better will there ever be any at all? Maybe icedrill was ment to be a secret mining operation to make BTC to save GOX...

Would be nice If at least a satoshi or two per share would be payed out soon. This would show that a system is actually in place to pay dividends.

plunderisley

newbie

Activity: 13

Merit: 0

OK so I see my share amount on the icedrill site. I also see the minestate.

I signed up a bit ago for the cryptomex.io site but I keep getting a invalid token. Worked earlier on the Google Authenticator.

and any update on the dividends? How will they be sent? will they go to the BTC address that was signed and on my account page?

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: dplusf on February 24, 2014, 02:11:38 PM

Quote from: redphlegm on February 17, 2014, 03:54:50 PM

I'm sure this has already been asked but I can't seem to find the answer. Any schedule / expectations on mining income dividends to shareholders?

what is the status of the whole operation? i am not in the mood for reading the whole thread.

You can check the miners here: https://www.icedrill.io/minestate

Bitcoin mined here:

Quote from: DeaDTerra on February 10, 2014, 11:01:24 AM

The mining revenue is sent to the following addresses:
DigiMex 001: 16ARJqhDqyARnGE3R3r6VMtHLJXhpcdD68 - mining proceeds from [email protected] (tech: test equipment)
DigiMex 002: 12DFehEHkoXbBtjGt4G83qbh4gVY5vfVKi - mining proceeds from [email protected]
DigiMex 003: 19UFMZajuKSNPDbCUT3jmbHcVYvTPgcMzq - mining proceeds from [email protected]
DigiMex 004: 1FvPHJ7vMknUHEDRs43uyjbEWu28T5aGgE - mining proceeds from [email protected]
DigiMex 005: 14qwTVT7wo83bgivmewtafNp46aQ2qnf8j - reserved

Help test the new exchange here: http://alpha.cryptomex.io/

Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast) - page 46. (Read 378671 times)