Reply To: [HZ Mint] – New Asset on Horizon Asset Exchange (ROI in ~20 weeks)


Horizon: 0.00 HZ
17th December 2014 at 2:57 am

“Vagabondz, post: 3803, member: 1012” wrote:

*future shares issued only when amount can be backed by BTC income*

Approximately 50% of the raised funds will be slowly liquidated to raise funds for purchasing and maintaining mining hashpower.

Hi Vagabondz,

Just bought some shares.

You seem to have made some interesting statements in your asset announcement, reproduced above.
Can you explain a little further what is happening to the funds raised. In particular whether the BTC mining profit is being used to buy new Hash power while the raised HZ is being used to pay dividends?