1. The latest financial report:
https://drive.google.com/file/d/0B19Fg5c2mNTycWxvVDlITlRBRGs/viewI can't comprehend how they failed so badly. Where did the money go?
Even though AM/RM like to blame their failures on market conditions, I think they are both the cause of their own demise. I'm sure they both would have been relatively successful without the halfassed marketing/PR.
We lost nearly $137,000 by the quit of two testing mining farms. Price of BTC keeps going down, electricity price of which is 15cents, considering the power consumption, mining more means losing more, so we have to quit.(Even you don’t mine,you also need to pay $7500 for rental and minimum electricity fee.)
And we lost a lots for the reason released on point 1.
5.
3. Dividends Plan
Given the fact of the non-ideal situation of company’s profitability, Rockminer will
save money for future development. However, if no improvements happen in the near
future, we won’t rule out the possibility to redeem our stocks at a fixed price, in order
to lower the loss of our investors.
This is almost laughable.... buy back now for fifth of the value...... great job rockxie!
So basically you and your team have sat on your ass for the last three months and lost the company 4/5s of its value......
We don't produce chips and we think it is not profitable for us to continue to produce miners, the more you produce,the more you lose.So we decided stop production in coming days temporally ,this not means we are quit of our "Mining For Everyone” plan. We are waiting for the right time to restart producing miners.
6.
just to make it public knowledge i have given some shit with rock xie via PM and the buy back figure they are looking at is 0.001, one 10th of the IPO price........ anyone else felling ripped off?
We still wanna operate company to pass though WINTER, and turn over in next year.
You asked us that you wanna RM buy back those shares, I just told u there were someone can buy your shares at this price, not ROCKMINER buying back.
7.
rock xie, you and your team have done absolutely nothing to try and hold or create value for this company, infact you have just side lined it and are working for AM again? AM paying your wages? or still living from shareholders investments?
We do cooperate with AM now, and we don't refuse anyone to make cooperation if there was a chance. Because this can make profits for RM too.
8.
Chinese Qualitat?
Chinese way of doing business.
We haven’t done well until now,that is not our original purpose for starting this company. However, I have to refuse those words like "Chinese way " or "scam", and have to say" ROCKMINER is not dead" but trying to survive now.
9.
Seen Asicminers in local Bitcoin conferences, never saw RM.
We attended lots of local conferences in past months because of low costs in domestic traveling.
11.
well, i thought it was heat causing one or 3 of the chips to fail, hence what looked like 80GHs over the 110GHs, it was that, that was causing the high error rate and low hashing.
but having it run on BFGMiner and watching them hash on it, 3/4 of them couldn't do any better then 50% erring, and they never could do any better then 7.6GHs each.
(pool side with it was only doing 30GHs)
Anyone of you can contact us for products problem, we will find way to solve it, we have distribution center in EU and US.If you got feedback in 12 hours , pls contact us for one more time, there was only one person handling the selling,delivering and customers supports in oversea.
12. What's our plan?
1) Current running projects. We are deeply cooperating with AM now, more news will come out soon.
2) Future plan.Building farms for other investors who need electricity and space, we have the electricity and other infos.Building cloud mining brand.
3) Doing OEM and ODM on small miners like RBOX, less investment and less risk.
4) Looking for new profitable opportunities for RM.
etc.