Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Stuartuk
on 21/01/2014, 16:41:16 UTC
People were amazed when Avalon (first ASICs chips sold in large numbers when nobody else was doing it) managed to sell chips worth of ~8 mil USD. Throwing the 40 mil USD now with the huge increase in difficulty just makes me wonder how do people believe this. This is even worse than Labcoin posting naked PCBs.

Fair point, but BTC is close to 1000 USD today and not 100 USD as it was last year when Avalon were taking orders.
Also difficulty only rises because chips are being bought and mined with.