Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread
by
Mabsark
on 02/09/2013, 13:08:42 UTC
Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week?

Because hashing power means crap in a scenario where diff rises at ~1.7%/day, like we have currently. In 60 days LC's hashrate will be worth ~1/(1.017^60) = ~36% of what it's worth today.

Chip sales revenue will beat any of that, especially efficient 28nm chips.

If hashing power means crap, then why are you investing in a company that produces hashing power? Why would people buy chips if hashing power means nothing?

Also, in order to sell chips, you actually have to have chips to sell. So, how many chips do you think are likely to be had from the sample batch in November? How many from low volume production in December?

Meanwhile LC will have been hashing with 4 TH/s from the 10th September at the latest and increasing that to 50 TH/s in October. You can mock that hashing power as being meaningless as much as you want, but it'll represent at least 5% of the network hash rate. If ActM had any chance of paying meaningful divs before December, you'd be singing a different tune.