Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
sporket
on 14/08/2014, 16:25:58 UTC
BTC0.34  Cool

No comments on this?

btc/usd tanked

And Bitcoin investors don't quite grasp that the value of Bitcoin ASICs depends on said bitcoins having value.

So that twelve-year-olds could understand:
You can charge more for Bitcoin miners when Bitcoin is worth more.  You can't sell Bitcoin miners at all if Bitcoin is worthless, or when the electricity costs are higher than the price of the coins mined with it.