Quote from: jimmothy on December 16, 2013, 10:59:44 AM

Quote from: Voodah on December 16, 2013, 10:58:22 AM

Quote from: jimmothy on December 16, 2013, 10:50:57 AM

I don't understand what you mean by we are paying for asic maker profits. AM sold as much gen1 as they could and are preparing for much more efficient gen3.

I assume the plan is to replace all the solomining chips with gen3 bringing AM back to 10% network hashrate and add hardware sales on top of that. Could very well be sustainable if AM is able to provide competitive hardware.

And when you invest in AM you are investing in bitcoin mining as a whole. We know that literally every single ASIC yielded less than if you were to just buy btc at the time and hold.

I'm sorry if you don't understand.

You sound like a broken cassette player looping the latest announcement.

I'm interested in a honest discussion and learning about the mining ecosystem, and how it works from the inside.

You clearly know nothing about BTC mining and don't want to learn anything.

As you said you are here to flame AM. Go read FC's post history and learn something new.

Wow. Why do people get so fanatical?

Just ignore my posts and keep on doing your thing.