Lol, Ken tells random reporters more than he tells U:
"On Monday, several bitcoin companies announced that Japan-based Mt. Gox, the largest online Bitcoin exchange, would file for bankruptcy after months of technological problems and an apparent major theft. It did so Friday, saying that hackers had stolen 750,000 of its users bitcoins and 100,000 of its own more than six percent of the total currently in circulation, worth more than $450 million.
The announcement prompted the cancellation of Virtual Minings development of the 55 nanometer chips, Slaughter said on Tuesday.
The cancellation, he said, was driven by three factors. First, Active Mining had some bitcoins now presumed lost in the exchange. Second, the recent decline in the price of Bitcoin meant the company had less buying power. Third, the machines would cost enough to produce that they would only provide a return on investment if the price of Bitcoin was at least $900."
Lol.
Excuse Du Jour: UR coinz are GOXED!!!!1!