Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
Blazed
on 10/03/2015, 14:16:31 UTC
If this is confirmed then yes, it would appear that ASIC MINER is finished and Fried Cat's return is trivial. The allegations that Fried Cat was bleeding out the company over the previous 1.5 years probably has validity to it now as well. Bitmain recently posted one hour ago on their Facebook account that they heard news a major competitor never submitted their new chip for mass production, and in turn Bitmain is now jacking up the price on the S5 by 20%, due to lack of ASIC MINER competition with no Gen4.

I wouldnt read too much in to this. Bitmain says that someone else says that some company didnt place a large order with some supplier.
Bitmain is also making it appear as if its Bitfury that didnt place the order, it could even be KnC, but my guess is that Bitmain is just exploiting the turmoil to jack up their preorder prices for June. Chances are very high at least one of these companies will not deliver in quantity in the next few weeks, so they can always pretend they were alluding to another company that didnt deliver.

None of this means I think AM's future looks rosy btw.

I agree that Bitmain is using this to jack up prices...dick move. Sounds like AM is basically a 1 man shop so without FC they can not function. Pretty sad that the entire company can not do anything without him. I give him one thing his PR/Marketing skills are amazing!  Roll Eyes