Many have been asking what is going on with Batch 3. As many are aware, this was to be a presale in order to purchase the S7’s to add to our farm. We completely misunderstood where our customer base was on willingness to purchase more power. Due to this we all have missed out on buying any units from the first 5 Batches from Bitmain.
Since we provided an estimated deployment date of the end of October/beginning of November, GH will be filling all pending orders from GetHashing’s owned inventory. We have also placed an order with Bitmain for some Antminer S7’s which will be added to the farm in the coming weeks.
Due to the slow moving sales and the general environment we plan on adopting a “rolling” sales approach where users can still prepurchase GHX and when a tolerance is hit, new hardware is purchased from our suppliers and set to ship when ready to our DC, instead of large batch orders. During the process GH will also be purchasing units to begin swapping out S5’s for new and more cost effective hardware. This will allow us to increase the number of GHX available in the wild, which in turn will lower the maintenance fees as we continue to cycle older hardware for new hardware.
We want to remind everyone that GetHashing is not a standard “cloud” mining operation, but a community that has hardware they have all put an investment into in order to successfully become a self-sustaining “crowd” mining community. Our community driven concept allows for growth, transition, and for everyone involved to benefit from the life of our hardware, not a fly-by-night operation only looking to line their pockets.
Everyone who has purchased B3 mining shares, you should begin seeing your GHX being transferred to your asset address(es) in the next few days as we work through the pending orders.
The GH Team