Quarterly report will be out soon. Flag forming on the 30. Low supply + thin walls on the order book. 7% supply burned in 3 months - mining ROI takes 3 months. 400k into mining as stated in the white paper. drive.google.com/file/d/0ByqyVzIU5PtFLXp2UGZPcUFYd1U/view
I'm guessing most of the supply burn $ came from their trading portfolio. The next few updates will be incredible bc mining ROI takes 3 months.
Quoted from APX_Ventures: "The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment. What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months. " Quoted from NotsoFast: "The 3-month ROI is a very tall order Ace has given me to fill, but on a small scale like we're starting with, it's not impossible. The last mining unit I bought, I ROI'd in just under six weeks. I researched and mined a coin that was fundamentally undervalued and out of the spotlight to do that. There are plenty of similar opportunities out there."