Post
Topic
Board Mining (Altcoins)
Re: [ANN] FutureBit Project Apollo: Bringing ASIC Mining Back to the Home Miner!
by
jarvisparvis
on 30/11/2018, 11:07:58 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.



Agreed. I think this kind of BS is not intended for human consumption and is more intended to create awareness from ai bots and is algorithm fodder. Possibly produced by the least heard of company in the list to create some artificial attention. LOL

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