Tuesday, 10 September 2013

Now Hashing

Now Hashing!

RSM Press Release

Summary

Red Star Mining (Ticker RSM) has began hashing on it's delivered BFL 60GH/s miner for approximately two weeks now. With hardware on order we should be hashing at full capacity of 960 GH/s by mid-October.

Bonus Divs

Based on our last motion the first motion will reduce reinvestment by 40% giving a 50% profit dividend. Subsequent dividends will be reinvested at 90%. RSM would like to thank it's investors as they backed us through tough times. We believe this dividend does this.

Future Capacity

Hardware still on order includes 1 BFL 60GH/s miner and 2 KNC 400GH/s miners. Our BFL order is expected in the next couple of weeks. Our first KNC miner late September and our second KNC miner October 15th.

Get Involved

Leave a comment below or head over to bitcointalk to discuss this press release, interact with management and propose direction for the company. We want to hear from you.

Financial Disclaimer

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", "subsequent", or "continue" and similar expressions identify forward-looking statements.