Bitcoin Services Inc (fka BTSC)

[SteveWin]

"Generating revenue"... at 70TH/sec? An early post yesterday was from someone saying they lease 23TH/sec of capacity and net $45 per day.

Maybe you're right, and this company fully intends to grow itself and significantly increase shareholder value long term. If so, it isn't a scam. But nothing about the company right now justifies the 400% surge we saw last week. Their 40 Bitcoin in hand ($480,000 USD), plus the present value of a (being generous) $300.00/day revenue stream, plus (what else do they have?) ... Divided between 460 million shareholders... puts the share value closer to $0.002 IMO.

Fifteen of old model S7 mining rigs seems to me to be just enough to TAKE THE PICTURE of "our mining facility" for promo purposes - I can't rule out "scam" until I see book value get up within about 1/3 of share price.