Quote from: RoadStress on July 30, 2014, 08:54:53 PM

Quote from: BitThink on July 30, 2014, 02:00:29 PM

Am I the only one who interpret FC's words as "finally we failed in selling most of our chips, and now we have to change our plan to self mine and sell our own mining machine." Do you know how much value has been wasted compared with self mining or selling machines in the first place?

I was thinking the same thing, but if I said it out loud the fanboys would start to complain that I'm a SP-Tech shill. Not self-mining from the start and doing it right now = lost money.

Na it was a calculated gamble and risk that didn't just pay off I wouldn't call that shilling its just that it didn't work out this time
Some money was lost there though.

Quote from: gogxmagog on July 30, 2014, 10:39:37 PM

ASICminer is a long range investment. The salon's main theme is "mining in the age of exahash", which we have not reached yet but will very soon. I like this sort of forward thinking. If FC was running around trying to mine all the coins at present network rates he would be playing a loser's game. Seems like he is already making moves to stay afloat in an exponentially growing network (franchising, R&D on newer better chips, open sourcing, community building amongst miners) Solo mining is very lovely to give ADD shareholders something to fixate on, but long term success requires more focus on innovative approach. It is more or less a given (and known for quite some time already) that the future of mining belongs to giant industrial operations. If FC has plans to move on that market, which I believe he very much has, we are in a great position. Bring on the salon, I hope there are many fluent chinese/english speakers ready to relay all that goes on there. I think we will hear some bold new strategies to take us into the age of exahash as leaders of the game!

yes, I hold shares in ASICminer, and yes I'm cheerleading. Go team!

Go team Go!