Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
explorer
on 27/12/2013, 23:01:17 UTC

The current status of AM is debatable. But I think we can all agree you bought at the worst possible time. 4btc/piece would require like 40% network hashrate which will probably never happen.

Assuming zero profits from sales.  It reached  4+ on the back of sales. Granted, that window is only open by a crack compared to last summer, but still counts for something.  4+ is a dream, perhaps, but 10% network + some sales shouldn't be unmanageable.  Another point would be newer investors, happy with less than 33% APR - that could raise the price as well.