Post
Topic
Board Mining (Altcoins)
Re: [ANN] FutureBit Project Apollo: Bringing ASIC Mining Back to the Home Miner!
by
QuintLeo
on 20/11/2018, 18:34:42 UTC
I was concerned about the cost of this and the recent falling price of Litecoin but read this from yesterday (MarketWatch link provided):

"Another cryptocurrency named Litecoin is expected to again traction in the near future."

Like all investments there are cycles of high/low, so hanging in there.

https://www.marketwatch.com/press-release/cryptocurrency-market-to-reach-us670-bn-by-2025-absence-of-third-party-intermediary-triggers-demand---tmr-2018-11-14

Worthless report, way too much indication they did NOT actually study anything.

This one phrase is enough to indicate how WORTHLESS this "report" is.

"Currently, some of the prominent players operating in the global cryptocurrency market are BitFury Group Limited, Microsoft Corporation, Alphapoint Corporation, NVIDIA Corporation, and Intel Corporation."

They left out Bitmain and AMD (both of which make a LOT more from cryptocurrency than Nvidia does).
Microsoft has almost NO presence in Cryptocoin at this time.
Never heard OF Alphapoint but they're definitely NOT a "prominent player".
Intel has ZERO presence in cryptocoin other than indirect as a fairly common choice for CPUs to put on motherboards for GPU rigs.

If the rest of their "research" is as shoddy at THAT statement, their report is 100% worthless.