Post
Topic
Board Mining (Altcoins)
Re: Do you think bitmain is secretly mining ETH with ASICs?
by
Metroid
on 20/03/2018, 15:11:22 UTC
Why do you call me troll? I was just giving my reasoned opinion.

Statements like "eth will always be the king" are more typical of a troll or fanboy.


Cause you are in denial too, the evidence to support eth asics have been known for 3 months already.

If you guys think cost is going to make Bitmain stop you're all wrong. They have more than enough money to do anything they want. They made more profit than NVIDIA in 2017... They just made ASICS for Cryptonight which was deemed asic resistant. If the only factor is money then for sure they are mining secretly with their Asics. The only moment it was revealed that they had ASICS was when Monero announced their hardfork to change their POW.

And nvidia took 20 years to get there, bitmain 3 years. Most of the world is capitalist which means, think what bitmain can do with 3 billion dollars. I myself have to say that I had no idea about any cryptonight asic and for me and i do have inside info, i guess they knew i would leak and their profitability would die right at that spot, so they mined and sold the coins and then all cryptonight coins crashed the price cause they sold most of their coins when it was 2.5x more money.