Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
matauc12
on 14/02/2013, 17:18:57 UTC
If that is Asicminer, it would be interesting to know what the plans are for the money being raised (~$5000/day?). Is there enough in the bank from the IPO to fund the full 50TH/s expansion, or will some of this be withheld in order to get all the wafer starts underway for the big push now that the design has been proven?
lol with that kind of money being printed, I wouldn't worry much about IPO funds ROFL.

Honestly though, with that kind of waved deployment, and constant, I only see 2 options. Avalon defaulted and started mining with the rigs (or decided to mine a couple days to make a couple million before shipping). Or asicminer. But the silence is killing me.

No offense, but while it's definitely a lot of money, it's not like they're absolutely rolling in cash right now. They have about 1/8th of their initial deployment done assuming it is Asicminer, and unless they pick up the pace they could still be adding the initial 12TH/s as BFL devices are coming online in early March. Again, assuming BFL ships reasonably on time.

Longterm planning is key to Asicminer's success, just buying 12TH/s worth of equipment and mining with that will not maximize shareholder value.
You took that way too seriously. I didn't post an analysis.

And yeah, BFL deadlines don't really mean much to me.