OTCPK:CPPMF - Post by User
Comment by
idunnobuton May 19, 2013 1:24pm
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Post# 21415792
RE: get what you pay for
RE: get what you pay for This the stupidest thing I've read for a while. First of all there are inherent mining risks, including equipment failures of key components, that cannot be migated. Secondly, I'm not sure what the math looks like, but if the expected lifetime of a transformer is 30 years, and a spare one costs $10M, and the expected losses from the failure cost $10M, then it makes no sense to keep a spare one available.