Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread
by
creativex
on 16/09/2013, 21:38:51 UTC
I'd guess that management at these companies will do fine, but their shareholders will not.

Completely disagree.

Time will tell, however Smiley

...based on? Confirmed net hashrate of all the companies I mentioned above is umm...what's ActM's hashrate again? 430Gh? ...and how much have these companies absorbed from the crypto security market? Performance to date is rather unimpressive to put it mildly. Let's add the total market cap of all of these companies and calculate the yield based on their hashrate shall we? I believe that return would be similar to what you'd get from the local counterfeiter banker for opening a savings account.

Growth investors are flocking to these things, yield investors need not bother. So here you have another pure growth play with no growth catalyst for months into the future.