Question 1

is there any way to invest from ontario?

Accepted Answer

We cannot accept investors from the Canadian provinces of Alberta, Ontario, and Quebec, as those provinces have requested we bar their residents from investing.

Question 2

On the company FAQ page, it states that you're not taking international investors; however, I did some digging and I think I am able to do a wire transfer from an international bank account. I just want to know whether should I proceed with the wire transfer or not?

Accepted Answer

Yes. As we're moving forward, I'm glad to say that it looks like international is an option. With the exception of the Canadian provinces of Alberta, Ontario, and Quebec, you should be able to make a Wefunder account. And we'd love to have you. Here's some additional information regarding international investing. https://help.wefunder.com/154992-linked/international-investor-guide https://help.wefunder.com/legal/304306-can-i-invest-if-i-don-t-live-in-the-united-states

Question 3

Is it not possible to estimate a % return? Seems like an obvious thing to mention. Are we talking about 1%, 10%? What are the factors that will impact this percentage?

Accepted Answer

Great question! When it comes to potential returns, you'll want to take a look at the "Calculating Profitability" section of the landing page so you can get a sense of daily revenue each miner has the ability to produce. The reason we cannot throw a specific future percent return is because there are multiple factors in play to determine the final value of payout after 5 years. The main factors to consider are the network difficulty, USD / TH / Day value, the value of miners at time of sale, ...

Question 4

Do the people who invest have an opportunity to reinvest at the end of five years?

Accepted Answer

We intend to provide other offerings in the future. There's a lot of opportunity in this space to create cool things. But, for now, we're focused on making this the best it can be.

Question 5

Hello, please would you explain why there is the $8M valuation if this seems to be more like a profit-sharing deal with 63%/37% split between investors and founders? From the bits and pieces of the information spread out throughout your pitch I have put together the following ...

Accepted Answer

Thanks for the great question! In answer, the company's pre-money valuation is at $2.94 million with the post money valuation at $7.9 million under the assumption of a full raise. Your math on the monthly revenue appears to have the correct assumptions based on current market conditions. If current market conditions were to be retained, the hypothetical ROI you mentioned is true but does not account for the resale value of machines, and potential Bitcoin value increase of the Bitcoin after be...

Josh Terry BitVault, LLC

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Josh Terry BitVault, LLC

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