So people are buying this stock and apparently nobody cares that the projections in the prospectus are inaccurate?
Ignoring the fact that difficulty will be probably twice the measly 8% they predict and the fact that they won't get 10gh online by the 15th.
Dividends projections in 1 year add up to less than 100% instead of 200% like advertised.
When you consider realistic difficulty increases we are looking at around 20% ROI in 1 year vs the 200% advertised.
Ignoring the fact that difficulty will be probably twice the measly 8% they predict and the fact that they won't get 10gh online by the 15th.
Dividends projections in 1 year add up to less than 100% instead of 200% like advertised.
When you consider realistic difficulty increases we are looking at around 20% ROI in 1 year vs the 200% advertised.
The projections as a whole are a joke. For example, they are assuming BTC and LTC will stay the same. Which is crazy. If they could predict them accurately then the ROI cold swing anywhere from 10% to 1000%. It screws up reinvestment, difficulty, everything. There's no point having them there.
Even with that though I've still invested.
They will have the machines online by the 15th, the Monday after by the latest. Ill happily escrow a bet with you for that. If you knew these people and followed the last few months of PETA you would understand.
The way I'm looking at it, it's better to buy into their company and receive dividends, than it would be for me to buy these 87 TH/s machines, have them shipped over, pay taxes, pay a monthly hosting fee, pay electricity ect ect
These are some of, if not the best price/performance/cost machines on the market. Saying your not going to get an ROI is the same as saying no miners will get an ROI. And if that was the case, all the networks and miners would cease to exist and the difficulty would shoot down towards zero
