Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jjdub7
on 03/12/2014, 17:50:27 UTC
I agree that things need to change.  But, do you know more than us about the precise arrangement between AM and Rockminer for AMHash?  How do you know that Rockminer is getting paid to sell AMHash?

It makes no sense for Rockminer (a totally separate company) to sell AMHash shares for AM without getting paid to do so. Rockminer shareholders would get no benefit from such an arrangement.

Possible scenarios:
- Rockminer was the underwriter for the ipo and mops up unsold units.
- Rockminer is responsible for the deployment and operations of the mining farm and is paid for this, but amhash forum name and find are owned by AM.
- ? ? ?

(Still possible scenarios)
- ASICMINER has acquired a majority stake in Rockminer and incorporated the company as their hardware manufacturing unit and hashing operator?  (Honestly...this might be the best thing that could possibly happen to both companies right now... wonder if anyone has considered it?)

Why would they have opted to 'split' ROCKMINER off of ASICMiner back in March if they now incorporated it again. I don't buy that theory. It's an interesting thought, but nah... I don't think so.

Yeaaaa-no.  Never part of AM.  They do seem to design hardware pretty efficiently though...I have 4 of their little R-boxes, which use AM's BE-200's and they're quality if not small-scale miners.

The reason the above scenario would work for AM would be that acquiring RM would remedy two of AM's weaknesses over the past year - assembled hardware design and operations.  Rockxie is also a better hand at PR than friedcat.  

I only see economies of scale from such a merger.  Think...this industry is very similar to pharmaceuticals: high R&D and manufacturing/input material costs with a graded-segment (initially high/proprietary) market return.  Pharma companies grow mainly by merger and acquisition, by leveraging economies of skill and expertise to add value while cutting down on the overhead.

Plus, I mean with https://blockchain.info/tx/8b06f02c7ed75f511a40c4b32949eb3f23e6c638967315fe863532638eb8b131 already going on...what's the point of having two companies so closely aligned on the same EXACT supply chain?  Its not like AM makes all types of different crypto chips, just SHA-256, and both companies have the necessary intellectual capital to build full-scale hardware - if acquiring RM and having them focus on assembly and operations (including PR) would cut costs while retaining the sum of the market shares, it needs to be done now.