Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
silverfuture
on 15/08/2014, 02:28:30 UTC
although AM just started pricing in BTC. this drop will hurt profits a lot, unless prices are rebased.

As someone not informed with this, how does pricing in BTC cause profits to drop?

Hardware is priced in BTC, BTC profits remain the same, USD profits suffer because of lower BTC/USD value since Friedcat made the announcement.

EDIT  This also makes AM hardware more attractive to fiat holders wanting hardware.