Post
Topic
Board Mining (Altcoins)
Re: My theory about business on ASICs for shitcoins
by
tuaris
on 18/12/2024, 02:15:18 UTC
I pity the fool who spends more than a few hundred dollars on ASICS for these altcoins that come out of nowhere.  It took years before anyone considered making an ASIC for Litecoin.  Now all of a sudden we have ASIC's for things like KDA, KAS, and ALPH in less than a few months.  Something fishy indeed.  My hunch is that it's a single large shady company behind the scenes who has the most to gain with over priced chips.