Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
shawshankinmate37927
on 18/08/2013, 14:28:10 UTC

You've made some good points, but the relentlessness of your arguing belies a need to rationalize your decision to sell AM.  

It's important to have two sets of opinions, but there are three key questions for the bulls of AM:

1. Where are long-promised financial statements? They should take about 1 day for a competent person to complete, yet months have passed.

2. Why is AM only holding circa 10% of hash-rate?

3. What are the transaction fees earned that so many people are holding as being the holy grail for valuations?

Have these been added to TAT's list already?  

About #2, I'm not sure we need to hear the moment by moment excuses for the ongoing problems,  setup and deployment issues, etc. of mining operations. 

AM's hash rate has been steadily dropping both in nominal and real terms for about a week now.  I'm not interested in excuses, but an explanation would be nice.  It would also be nice to hear a little bit more about how they perceive the competition and how they plan to maintain a consistent percentage of the total network hash rate going forward.  That way shareholders can make a more informed decision regarding the viability of AM's strategy.