Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
vokain
on 05/08/2013, 02:47:09 UTC
The only connection I see there is the $200 million figure.

I just don't see why $200m is needed to beef up the Avalon operation. Since Avalon did their first ASIC on a shoestring (couple of million?) why would it take $200m to go the latest chip technology. Surely something like $5m would be enough. HashFast and CoinTerra are not going to spend anything more than a few million either.


200M to buy a whole generation's worth of mining (while leapfrogging a few others while they're at it), first mover advantage, why the hell not!!!
got a couple [dozen] more billions in his pocket...

vision: set it to "nothing's impossible"