Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Mabsark
on 02/09/2014, 21:31:26 UTC
Please contradict my shit with real world facts. Where is AM now in the mining world? AM is a small player when it comes to self mining and when it comes to consumer business. They had/have some business 2 business contracts, but nothing big. Does AM compare to Bitfury, KnC, BITMAIN? I don't think so. Again, if you can contradict me with real world facts please do, but if you plan to just insult me then just don't bother replying.

I always do. Just like I did then.

You want to bring that up? Sure. Let's bring the 60PH/s of chips issue again to discussion. At 0.5$/GH you need 120M$ just for the miners, not counting the deployment costs if you do it on a large scale and I find really hard to believe that there are so much money flowing into mining with this exchange rates and in such short amount of time.

Well, what else do we know about AM apart from that? We know that they sold  some of that 60 Ph/s as chips and we know that they've sold some as miners, so obviously there isn't going to be a 60 Ph/s mine. They're the known facts. Look, you can't claim that you have no idea how much hashing power AM is mining with and then claim they are small potatoes and present that as a fact. That is not a fact, that is simply your assumption. In other words, just bullshit you are pulling out your arse. In order for you to claim that as a fact, you would need to know how much hashing power AM has and then compare that to the other players.

If AM had a lot of self mining hashing power they would brag about it right away. Why don't you add all the known big miners along with the public pools to see how much is left for AM. Put Bitfury at 50%, KnC at 5-10%, BITMAIN can't remember and so on. There is not a single reason for AM to hide their hashpower unless it was really small. If you know a better one please share.

More assumptions. Come back when you actually know what a fact is.