Post
Topic
Board Securities
Re: AMHash1: Cost-Effective Mining Contract
by
Blazed
on 02/03/2015, 21:35:25 UTC
Producing chips isn't equal to producing miners. Miners cost money to produce. Money which AM doesn't have.

How much capital does AM have? You have no idea.
How much money does it cost to produce a Tube? How much does it cost to produce a Prisma? You have no idea.
Yet apparently you know for a fact that AM don't have enough money to produce an extra 5 Ph/s worth of miners. Do you not see how such a statement is clearly illogical nonsense?

Besides what makes you think AMHash didn't have 5 PH/s already self-mining as FC seemed to claim. They did buy back Prisma's off anyone who wanted to take them up on the offer after all. Do you know how many Prismas were bought back? No you don't.

Yet again, apparently you know for a fact that AM couldn't possibly replace 5 Ph/s worth of hashing power based on having no actual knowledge or information.

Like I've been saying for months, you seem to have extreme difficulty understanding the difference between a fact and an opinion.

All of this speculation is 100% AM's fault. This is what happens when you ignore everyone for months at a time. Hands down this is the worst run business I have ever seen...it almost seems intentional.