Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread
by
Stuartuk
on 07/08/2013, 21:23:09 UTC


Just curious: is it, or is it not a big deal that Seagate has invested in eASIC?

It's fucking HUGE. Seagate are on the fucking NASDAQ, their market cap has gone up 4x in 24months which is incredible in this economic climate. They can afford to go into partnership with only the BEST in their field  - and they are pumping money into eASIC to research and produce chips for Seagates requirements.

It means eASIC are the elite and they will have cash to invest in more staff and hardware. This could take pressure off their ACtM production run and could speed up the roll out of our chips. Very unlikely to have a negative impact. What do we think?