Post
Topic
Board Mining speculation
Re: Asicminer News 15-30% of Network
by
Swordsoffreedom
on 05/08/2014, 22:21:00 UTC
Let's talk with numbers out of the latest financial statement, not with historical terms with one single exchange rate.

Here's the last one for speculating on a lot happens in three months before all the news so May 28 ---> August 5th almost a quarter missing.

Update

Financials
Balance sheet in May 27, 2014:
https://docs.google.com/spreadsheets/d/12wJMe3A6Ie8ris86m2OJ_1vucurdcVtM3fDkNCjKIRI/edit?usp=sharing

Cash flow from Feb 28, 2014 to May 27, 2014:
https://docs.google.com/spreadsheets/d/1phCAhMR-9_AaRXKICfN_M7gw4rI1hsOtRD_6PElmLOM/edit?usp=sharing

Comments about Recent News & Concerns
Policy: The bank deposits and third-party payment systems for Bitcoin exchanges in China are all closed. Workarounds exist (like buying physical cards with deposit code) but the real trading volume is severely affected.

Conversion: We have OTC conversion channels to trade USD for Bitcoins in Hong Kong.