Ambit Mining is part of a conglomerate called BFGroup. It has been conducting mining activities and so it has an already established product on ground, which is not guaranteed in most ICOs.
You made a pretty brief post but it the only one that is not either Ambit PR generated or related incomprehensible occult hash, that showed up in the first page of my Ambit search.
I read the whitepaper, was impressed enough to dig a little deeper, and found out that US citizens can't participate.
That was a considerable damper to my enthusiasm.
I think you may not be quite correct about'established product on the ground'. While it appears to be true that Ambit already operates a successful mining farm, I read the whitepaper and token sale as participation in an expansion phase TBD, but I didn't get that there is any participation in their existing mining activity.
If I missed anything explicitly promising participation in their existing mining activity, please share.
What do you think about the Ambt token, the project, the government in Georgia? I'm a child of the Cold War era so its tough to contemplate investing anywhere near a kleptocratic state like Russia, but I'm greedy, too, so nothing is completely off the table.
Hey jae,
Sorry could not resist.
You made a pretty brief post but it the only one that is not either Ambit PR generated or related incomprehensible occult hash, that showed up in the first page of my Ambit search.
I read the whitepaper, was impressed enough to dig a little deeper, and found out that US citizens can't participate.
That was a considerable damper to my enthusiasm.
I think you may not be quite correct about'established product on the ground'. While it appears to be true that Ambit already operates a successful mining farm, I read the whitepaper and token sale as participation in an expansion phase TBD, but I didn't get that there is any participation in their existing mining activity.
If I missed anything explicitly promising participation in their existing mining activity, please share.
What do you think about the Ambt token, the project, the government in Georgia? I'm a child of the Cold War era so its tough to contemplate investing anywhere near a kleptocratic state like Russia, but I'm greedy, too, so nothing is completely off the table.
Regards,
Rick