Topic: ROCKMINER - miners using GEN3 ASICMINER chips - page 21. (Read 52927 times)

Yes,after IPOed.

1. Can you provide your real identity to us?

    Yes,of course if you need.I'm not a fresh user,you know.

2. Where is Rockminer located? In which jurisdiction registered? And location of manufacture?

    We are in Shenzhen,China.

3. How can you be so sure, that AM gen3 chips will meet expected performations, when they are not tested yet? Why not wait for official specs of gen3 chips and release IPO after that?
  
   Time is money.

4. What is your backup plan, if AM gen3 will not meet expected performance?

   We can also purchase other chips such as AVALON OR A1 if need.

5. Why you split ASICminer into 2 companies? What's the story behind this?

    You may make a mistake.We are not ASICMINER,we are ROCKMINER ,a company which is going to purchase Gen3 chips of ASICMINER.

6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?

    Mainly are cooling,immersion cooling is too expensive.

7. Do you plan to offer mining solutions for large industrial mining farms and custom datacenter solutions?
 
   In our plan.

8. What about transparency of sales and shareholders audit? How do we know how many miners RM sell? The addresses for payments will be available to public?
    
   We regularly publish financial statements.

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?

Will there be a passthrough at Havelock for those of us who can't afford to spend at least 10-15 BTC on the minimum amount of 100 shares?

thanks for the details, watching.

good

We surely contribute to our project a lot ,including investing funds ,finding high-tec engineers , doing  R&D ... We have also decorated the mining farms.Some good place,which means lower electrical cost and more stable electric power,such as Guangdong and Hunan province, have been selected to set our mining farms.

Right on time Rockxie. I am interested in this offering and I'm planning to invest some BTCs into your operation. Therefore I have few questions for you, if you are not comfortable to answer them, doesn't matter, just write that you don't want to answer.

1. Can you provide your real identity to us?
2. Where is Rockminer located? In which jurisdiction registered? And location of manufacture?
3. How can you be so sure, that AM gen3 chips will meet expected performations, when they are not tested yet? Why not wait for official specs of gen3 chips and release IPO after that?
4. What is your backup plan, if AM gen3 will not meet expected performance?
5. Why you split ASICminer into 2 companies? What's the story behind this?
6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?
7. Do you plan to offer mining solutions for large industrial mining farms and custom datacenter solutions?
8. What about transparency of sales and shareholders audit? How do we know how many miners RM sell? The addresses for payments will be available to public?

Thanks Rockxie, that's all for now :-)

1. Is there any document showing the profit/revenue calculation?
3. Again is there a document for the good sale job of previous miners?

So out of the 1,500 BTC raised how much are you contributing for your share of 60,000 shares? Just your time and knowledge? is that really worth 6,000 BTC (~$3.5 million dollars) for 12 months work? (as this is the amount of time your shares are on hold)

Seems like if I put in anything my shares become worth a hell of a lot less, ie once you reach the full sale of the IPO shares, each share is then only worth 0.02BTC, so without even doing anything my investment is worth 20% of what it started at.....

What are your targeted sales? and your targeted mining farm? you sat you expect to have 6P, will this be used in mining or selling, what are your estimated profits on selling? 1% 5% 10%?

Any answers would be great, unless you can post some solid profits and estimates, I for one will not be investing

Regards,
Red

1.The valuation of our company is determined by the discount of our future revenue.
2.If IPO's done,we can produce 6000~10000 miners per year, one of them hashrate will reach 1TH/S.
3.We have done a good sale job of previous miners, power cost of our new miners are more competitive,market reflection will be fine.

7500BTC valuation of a mining company, at current BTC/USD ratio.

I am reluctant. Other opinions?

wah now thats sounds awesome

Introduction:
ROCKMINER is committed to the miner design, produce, sale and mining operation of bitcoin and other crypto currencies. In early stage, we will purchase the third generation chips of ASICMINER to design and produce miners. In the follow-up stage, we plan to enter related industrial chain of crypto currencies. Rock Xie, the co-founder of ROCKMINER, is one of the earliest Bitcoin investors, well-known novel writer, the board member of ASICMINER, and the General Agent of ASICMINER in Asia-Pacific. In November 2013, the team of ROCKMINER is founded with members who have rich experiences in software and hardware R&D, production and sale.

Share Structure:
Total: 75,000 shares
Public Offering: 15,000 shares
IPO Price: 0.1BTC~0.15BTC/share （Favorable Price for the 1st week: 0.10BTC/share)

Dividend:
Initial dividend: depends on the chips delivery date of ASCMINER ,in May around.
Total Amount of Dividend: the profit after deducting the profits retained within ROCKMINER.
Time and Frequency for Dividend: Dividends will be paid out on Wednesday every two weeks.

Share Exchange:
After completion of the offering, shares can be exchanged after 15 days. ROCKMINER will develop independently or through cooperation with a third party trading platform on which shares can be exchanged freely.

Duration for the IPO:
IPO Starting Time: 12:00, March 26, 2014(Beijing Time, GMT+8)
IPO Closing Time: 12:00, April 4, 2014(Beijing Time, GMT+8)

If 15,000 shares are sold out before the deadline, the IPO will be brought to an early end. The IPO progress will be released and can be inquired via ROCKMINER official website (ROCKMINER.com). If less than 10,000 shares are obtained by the deadline, the IPO will be deemed as failure. The 100% purchasing amount will be returned to the investor’s wallet address.

Why ROCKMINER Raise funds via IPO?
1. To scale up production, reduce cost, and improve competitiveness;
2. To increase company brand awareness and influence in Bitcoin community;
3. To encourage Bitcoin experts and community thought leaders to be a board member for company decision, making reference and resources integration.

Why Purchase ROCKMINER Shares?
1. High Competitiveness of Chips. ROCKMINER will adopt the third generation chips of ASICMINER to design and produce Bitcoin miners. With the advantage of power consumption and cost, the chip is highly competitive in the market.

2. Credibility Guaranteed. Our co-founder Rock Xie, also one of the main executives and investors, has high reputation and credibility in Bitcoin industries in China and abroad. His professional competence and community influence provide actual endorsement for the IPO.

3. Technology Guaranteed. Our technical team members are Ph.D or Master with good education backgrounds in engineering. The team members have 10+ years’ rich experience in product development of electronics and large scale mining farms deployment. Our CEO Rock Xie is the Board member of ASICMINER, the previous General Agent of ASICMINER in Asia-Pacific and has very good cooperation with ASICMINER company, who will provide strong technical support for the production of ROCKMINER machines.

4. Sales Guaranteed. Our CEO Rock Xie has built wise marketing and selling network while he is the General Agent of ROCKMINER. The wide brand awareness and sales channel of ROCKMINER have already been built early this year. The estimated sales volume of this year will be 10P+.

5. High Profit Potential. Based on the advantages in chip, credibility, technology and sales, ROCKMINER will have high profit potential in 2014 and thereafter.

Share Purchase Restriction Policies and Preferential Policies?
1. Minimum amount per purchase: 100 shares

2. Standard Price: 0.15BTC/Share. Preferential Price will be provided in the first week of share raising. Preferential Price: 0.1BTC/Share. Purchase price will be restored to Standard Price from the second week of share raising.

3. The number of Board Members will be no more than five. The subscriber with the purchase amount of 2,000 and above 2,000 shares will be eligible for a Board member. If the amount of subscribers with the purchase amount of 2,000 and above 2,000 shares is more than five, the top five subscribers with the most purchase amount will be eligible for the Board Members.

4. The subscriber with the purchase amount of 500 and above 500 shares will be eligible for a Special Shareholder.If the Board Members are less than five,the rest Board Member seats will be supplemented by Special Shareholders who are recommended inside.

5. The official website (rockminer.com) is the only official designated platform for the public offerings. The purchase web link will be released recently on the official website.

Share Lock-up Period?
1. Before a public exchange platform is offered, the project shares can only be traded privately.

2. Public offered shares can only be exchanged after 15 days as from ending date of this fund raising.

3. Shares retained by the ROCKMINER shall not be offered to the public within 12 months as from ending date of this fund raising.

The Usage of Raised Funds?
The funds raised from the public offering will be used for the production and sales of machines, including procurement of chips and components (especially the components with insufficient inventory or long lead time).

necessary for production expansion, mining farm construction, marketing, and daily operation expenses of the company.

Special Note:
1.In consideration of the special nature of Bitcoin industry, we do not recommend any investors without fundamental knowledge or investment experience to participate in this investment.

2.To protect your interest, please read the introduction of buying process and safety statement on official website (rockminer.com).