Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jimmothy
on 03/06/2014, 11:59:38 UTC
Quote
you get what you pay for, and it's being realised by big investors

You're talking about the people who just bought 8ph total worth of AM chips right?

to build rigs to sell on? no. i'm talking about rigs that will be hashing for miners - people who have been in this game, upheld the network for long enough and still see a worthwhile investment in mining rigs.

meanwhile... where dividends were due to shareholders, friedcat will continue to plough YOUR earnings into further development, continually reducing the profit margins until all that is left is a pittance of your original outlay.

well done friedcat, genius business plan.

I've never seen so much misinformation in one post.

Who exactly will be using these chips other than miners?

Our "dividends" were turned in to wafers worth 2.5 times their cost.

The earnings were not spent on development.

The profit margin might be reducing but it won't be below $0.3/gh.

AM just doubled assets per share in one month. Not a bad business plan if you ask me.