Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
fumble
on 31/07/2013, 20:16:28 UTC
Seems ridiculous that ASICMiner is tanking. The dividend is still roughly what's been predicted and it's still a great return for the share price.

I think now is the time to buy up things for cheap. People aren't selling because they've lost faith in everything else. They are selling because they are desperate for coins to invest in new things. The price should rebound as more money flows into the market.


People are scared about the hashrate being only 6%. This is a transition period in the hardware deployment cycle. This company has a ton of hardware to sell in coming months.

Saying that ASICMINER is mining @ 6% is just wrong. The actual hashrate is higher but blockchain.info doesn't count the untagged blocks. Wink

Check my previous post for more info about that. Smiley

Hmmm that's an excellent way to hide having over 50% of the network.  Except when you follow the cashflow to the same wallet.