Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
shawshankinmate37927
on 28/08/2013, 03:47:20 UTC

Furthermore, the amount of info coming out of AM to the public is not any worse than your average corporation. To be candid, the forum and its 24-hour F5 mashers distort reality with a hunger for info (read: trading signals). Some of you pretend like info is something that is vastly needed and lacking for some kind of transparency or relief, but mostly they just want to know if they should buy/sell in their short-term trading efforts.

All the info you need to make trade decisions is already out there. Anything that is uncertain after that, is simply that.

Hopefully, friedcat doesn't let corporations on Wall Street set the bar when it comes to keeping shareholders informed.  I'd like to think that he's willing to hold AM to a higher standard.  AM, and bitcoin miners in general, are at a critical stage now.  With the total network hashrate rising as fast as it is and ROI on mining hardware dropping as fast as it is, a solid strategy is going to be required to remain competitive and maintain profitability.  How friedcat responds to this challenge is critical to long-term investors looking for dividend income, not just the short-term traders.