Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
hdbuck
on 24/07/2014, 11:00:45 UTC
We gotta wait and see.
But it is hard to dismiss the fact that more companies are becoming clients of AsicMiner, that they are getting chips, they are selling miners, and that they are building farms with AM chips.
It is not that we are waiting idle with no news at all about the activities of the company. The company is still alive, and it is evident that they are still working.
Btw, you can also see the thread where AM is open sourcing the miner's designs (https://bitcointalk.org/index.php?topic=641957.msg7168771#msg7168771)
You can clearly see his philosophy through his working.

THIS.
Company is real. Still enfant (2 yo) but rocksolid with top notch partners (Datamining, TSMC...).
Bitfountain still has a huge stake in it. I dont think they want their shares worth peanuts.
Crowdsourcing/funding philosophy (quite the essence of bitcoin) vs private companies.
Sure they may have had a hard time because you can never get it 100% right in this industry (specs, delays...)
Still they have produced over 60Ph. Whether selling, franchising, solomining, they are going to be plugged in.

PS: I have to admit I am quite stressed with the current price but i aint selling nothing. Got over 200 shares and i will wait for gen 4 if necessary although we shall have divs outta gen3 at some point. Just need to be patient. The mining industry is just getting started. I dont think Intel, Apple or any other successful technological company ever distributed weekly divs (not even yearly in their infancy..).  Peace.