OFFICIAL ASICMINER UPDATE
In an effort to take ASICMINER to the next level as a business, the board met today to discuss ways we can provide better service to our customers and better communication to our shareholders. Below you will find some updates of what's been going on behind the scenes.
LTC ASIC
ASICMINER determined LTC ASIC is not viable since a high-speed memory bus is much more useful in other industries and very expensive to make in this regard.
With huge increse in price of LTC I think the board must discuss LTC ASIC again. These is a whole new market and worth a lot.
Potentially worth a lot. Potentially worth very little. Remember, in the real world, BTC has incredible traction and increasing utility. LTC ..... next to none. Not saying its not worth looking at, but since AM already turned it down because of the way litecoins are mined, I doubt he's going to do a U-turn
money is money. asicminer can autocovert litecoins to bitoins as well as just taking bitcoins. this CAN be a viable business as well and they can be one of the FIRST to market.