Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
webjoe
on 23/07/2013, 01:16:11 UTC
+1. They also have the option of getting funding through regular bitcoin investors through an IPO on one of the exchanges. I for one would greatly value the ability to invest in KnC.
I agree, I think that an IPO for a good ASIC hardware company would find lots of interest. One that is not interested in making huge mining farms for themselves like ASICminer, but just providing quality hardware for the general public. With the benefit that a lot of their shareholders would also become loyal customers.

IPO? Is this 1999?  You're kidding about this right?  IPO oriented company needs at least 3 years of trailing revenue and a prospectus that people understand.  People still don't get what a Bitcoin is, let alone a mining hardware manufacturer - I'll be surprised if even the Winklevoss twins can get their Bitcoin ETF through.

EDITED: I didn't realize you guys are talking about an IPO on something like Bitfunder in the spirit of ASICMiner. I think KNC wants to go the high road of a traditional business (with preorders!) than experiment with an unregulated and quasi-shareholder model.