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Topic: ROCKMINER - miners using GEN3 ASICMINER chips - page 20. (Read 52927 times)

member
Activity: 69
Merit: 10
Also, as I have asked in AM's thread, rockxie, as a board member of AM, will pay how much money to buy chips from AM? If you pay too much, of course you would not have a large margin here. But, if you pay too little, how AM's shareholders' benefits be protected?

To be honest, I don't think a single chip supplier and single miner producer working together would be mutual beneficial. It will be hard to handle all these issues. Maybe in the future, those who only invested in AM and those who only invested in RM, will start fighting each other in these two threads......
sr. member
Activity: 378
Merit: 250
If we purchase IPO shares, then we are using real BTCs to invest in the company. If rockxie yourself or your partners are giving shares to your own, we should know how many shares are you valuing your work/time/energy/etc.

Yeah, I mean ... I don't care if you guys took some shares(reasonable amount) for your idea, work, assembly line, rent of building, R&D, materials, just give us the numbers. And how many BTC left from private round(with proof).
member
Activity: 69
Merit: 10
Thanks, one more thing. Some math here :

We're talking about 75 000 shares, (60 000 private and 15 000 public).

... so RM should have 7500 BTCs in IPO address after sold-out IPO. 6000 from private investors and 1500 from us. One great feature of the blockchain is that is an ultimate public ledger. So the question is, can you provide the proof, that you raised 6000 BTC in private round? I just don't want to see, that you're giving shares for free to you or your friends. Shareholders are equal, right? After that we can control flow of money in company, how much will go for chips orders, how many for other expenses etc, very transparent way, thanks to blockchain.

This should be done.

If we purchase IPO shares, then we are using real BTCs to invest in the company. If rockxie yourself or your partners are giving shares to your own, we should know how many shares are you valuing your work/time/energy/etc. Without this information I would still be reluctant. As there has already been so many IPO happened during past year, indeed we need more transparency.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Another couple of questions: Why are there rockminer.com and rock-miner.com? Those domains are also registered to different registrars, why?
Can we receive some sort of confirmation from friedcat/AM that Rockminer is indeed pursuing these plans and working with AM / a customer of them? Or please sign a message stating this operation with you AM dividend address.

Both of them are ours.We use rock-miner.com before,and bought rockminer.com days ago for international brand consideration. We will redirect rock-miner.com to rockminer.com

My dividend address of AM:
1Mt8jZ4Ag3gEmufaEYcSQbs7Z79YYTGskq

msg:
Rockxie's AM dividend address.Sign for ROCKMINER IPO.

signature:
H4jMkKaEk2fwcAb3XKq0cN8FsDW5qhNVELFEx0d3rwtgCWDJxUMfL14yPa7zNvTWKqNn8DCRtZOE3EI xfUq6jTU=

Thank you! It verifies and the address does, indeed, seem legit!
sr. member
Activity: 284
Merit: 254
Can shareholders buy a miner at a discounted price?  Say 1 miner buying from Rockminer for every 100 shares owned at a lower price than market?  This would be an added benefit for shareholders?
Sorry,no this plan.shareholders are benefited by dividend.



Thank you for the interesting IPO, I'm considering buying.  Does the IPO start at 12:00 midnight or 12:00 noon Beijing time on the 26th? 

12:00 noon Beijing time


Another couple of questions: Why are there rockminer.com and rock-miner.com? Those domains are also registered to different registrars, why?
Can we receive some sort of confirmation from friedcat/AM that Rockminer is indeed pursuing these plans and working with AM / a customer of them? Or please sign a message stating this operation with you AM dividend address.

Both of them are ours.We use rock-miner.com before,and bought rockminer.com days ago for international brand consideration. We will redirect rock-miner.com to rockminer.com

My dividend address of AM:
1Mt8jZ4Ag3gEmufaEYcSQbs7Z79YYTGskq

msg:
Rockxie's AM dividend address.Sign for ROCKMINER IPO.

signature:
H4jMkKaEk2fwcAb3XKq0cN8FsDW5qhNVELFEx0d3rwtgCWDJxUMfL14yPa7zNvTWKqNn8DCRtZOE3EI xfUq6jTU=



sr. member
Activity: 298
Merit: 250

Are the non-public shares being subscribed to with cash or just being given to founders for free?

If they are being subscribed to - why do you need the smaller money from the public shares?

If they are being given free to founders - why would anyone pay their money to be invested in a farm that only receives 15,000/75,000 ie 20% of any profits?
sr. member
Activity: 378
Merit: 250
Thanks, one more thing. Some math here :

We're talking about 75 000 shares, (60 000 private and 15 000 public).

... so RM should have 7500 BTCs in IPO address after sold-out IPO. 6000 from private investors and 1500 from us. One great feature of the blockchain is that is an ultimate public ledger. So the question is, can you provide the proof, that you raised 6000 BTC in private round? I just don't want to see, that you're giving shares for free to you or your friends. Shareholders are equal, right? After that we can control flow of money in company, how much will go for chips orders, how many for other expenses etc, very transparent way, thanks to blockchain.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Another couple of questions: Why are there rockminer.com and rock-miner.com? Those domains are also registered to different registrars, why?
Can we receive some sort of confirmation from friedcat/AM that Rockminer is indeed pursuing these plans and working with AM / a customer of them? Or please sign a message stating this operation with you AM dividend address.
hero member
Activity: 557
Merit: 500
Thank you for the interesting IPO, I'm considering buying.  Does the IPO start at 12:00 midnight or 12:00 noon Beijing time on the 26th? 
legendary
Activity: 896
Merit: 1001
Can shareholders buy a miner at a discounted price?  Say 1 miner buying from Rockminer for every 100 shares owned at a lower price than market?  This would be an added benefit for shareholders?
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
they are not trying to compete against Asicminer in anyway, they are working alongside them.
sr. member
Activity: 284
Merit: 254
I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?

We plan to issue the IPO with paying bitcoins to the IPO address directly,we collecting payment BTC addresses for dividend addresses.Yes, the same as ASICMINER. So if you are interested, you should send bitcoins from a wallet which you have private keys.

The IPO address will release later.



Ok. If someone pays the IPO address 10 BTC from 5 different addresses, they will need to hold onto those 5 addresses forever in order to keep their shares?
I would like to buy shares but not 10 BTC worth...
How would this mining operation do better then what ASICMINER is doing, if the chips are coming straight from them and they are already in the mining business as well?

No need to be better. Smiley
sr. member
Activity: 284
Merit: 254
I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?

We plan to issue the IPO with paying bitcoins to the IPO address directly,we collecting payment BTC addresses for dividend addresses.Yes, the same as ASICMINER. So if you are interested, you should send bitcoins from a wallet which you have private keys.

The IPO address will release later.



Ok. If someone pays the IPO address 10 BTC from 5 different addresses, they will need to hold onto those 5 addresses forever in order to keep their shares?

Just one of them.We will release a address list after IPO completed.
hero member
Activity: 574
Merit: 500
I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?

We plan to issue the IPO with paying bitcoins to the IPO address directly,we collecting payment BTC addresses for dividend addresses.Yes, the same as ASICMINER. So if you are interested, you should send bitcoins from a wallet which you have private keys.

The IPO address will release later.



Ok. If someone pays the IPO address 10 BTC from 5 different addresses, they will need to hold onto those 5 addresses forever in order to keep their shares?
I would like to buy shares but not 10 BTC worth...
How would this mining operation do better then what ASICMINER is doing, if the chips are coming straight from them and they are already in the mining business as well?
sr. member
Activity: 284
Merit: 254
I'm thinking about doing a passthrough/groupbuy for the IPO, since there is no one offering anything like this right now and not everyone can afford 10 BTC. We'd chip in and buy the shares together (if this is OK with rockxie). I'd then transfer the shares as soon as possible to your address after trading is enabled or keep on passing the dividends through to you. Please send a PM stating how many shares you'd be interested in obtaining so I can see whether this makes sense or isn't worth pursuing at all. Smiley

rockxie: 1. Will we be able to transfer shares to Havelock afterwards? 2. Why aren't you doing the IPO on Havelock? Thank you!

Sorry, PT just can be allowed after IPO completed.
Havelock is a good platform,but there are some fees,and we think that every penny should be used in the right place.
sr. member
Activity: 800
Merit: 250
I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?

We plan to issue the IPO with paying bitcoins to the IPO address directly,we collecting payment BTC addresses for dividend addresses.Yes, the same as ASICMINER. So if you are interested, you should send bitcoins from a wallet which you have private keys.

The IPO address will release later.



Ok. If someone pays the IPO address 10 BTC from 5 different addresses, they will need to hold onto those 5 addresses forever in order to keep their shares?
sr. member
Activity: 284
Merit: 254
I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?

We plan to issue the IPO with paying bitcoins to the IPO address directly,we collecting payment BTC addresses for dividend addresses.Yes, the same as ASICMINER. So if you are interested, you should send bitcoins from a wallet which you have private keys.

The IPO address will release later.

hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
I'm thinking about doing a passthrough/groupbuy for the IPO, since there is no one offering anything like this right now and not everyone can afford 10 BTC. We'd chip in and buy the shares together (if this is OK with rockxie). I'd then transfer the shares as soon as possible to your address after trading is enabled or keep on passing the dividends through to you. Please send a PM stating how many shares you'd be interested in obtaining so I can see whether this makes sense or isn't worth pursuing at all. Smiley

rockxie: 1. Will we be able to transfer shares to Havelock afterwards? 2. Why aren't you doing the IPO on Havelock? Thank you!
sr. member
Activity: 800
Merit: 250
I don't understand how you plan to hold the IPO. Will it be held on rockminer.com, or will it be held on the forums? Also, will you be associating shares with BTC addresses, using the same sort of method as Asicminer?
sr. member
Activity: 284
Merit: 254
Rock Xie, do you have contingency plans if the Chinese gov't cracks down hard on the sale and proceeds of miners and bitcoin mining?

No.
And if so ,change a country and keep going . Wink
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