Post
Topic
Board Mining speculation
Re: Asicminer News 15-30% of Network
by
jimmothy
on 30/07/2014, 10:47:21 UTC
You should read again their last financial statement.

Last I checked they had 60PH which was completely paid for.

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They don't have that much money lying around and neither the facilities.

We had gain access of cheap electricity and high power capacity.

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Also it doesn't make any sense to do it right now when they could've started 3 months ago.

However, we had not stopped our work on designing our own products and finding proper farms after our chips passed the tests.