I would like to get opinions from everyone. Would MiningCo.ETF benefit from including Win.Avalon?
Original topic.
https://bitcointalksearch.org/topic/winavalon-closed-194793
Original topic.
https://bitcointalksearch.org/topic/winavalon-closed-194793
Seems the initial offering is going to be priced much higher than the cost of equipment, maybe not terrible, but I don't get a warm fuzzy feeling reading the posts. My biggest concern is someone else being paid 10% of income to maintain the equipment. People should be paid for their time, but something like creativex has setup for bASIC-MINING retaining a share for every 4 sold allows him to participate with the shareholders just seems fair, and would rather participate with those doing the work, not someone contracting the work out like Win.Avalon
What about ASICMINER-PT? Or maybe the fractional pass-throughs are better vehicles for the fund. I know you felt it was overpriced back at 0.75, and has since doubled, and then some and has maintained a higher than others dividend. The income has increased noticeably each week while all other issues decline. The NAV has surged over time in anticipation of ASICs to arrive, and 50% of our issues will have Avalons next week it seems. BFL will ship right after the cows come home, and I am waiting along with them for a single as well.
I understand the desire to seek new issues that fit the objective of the fund, I just feel without some exposure to ASICMINER it will be a never ending battle against difficulty.
