Big boost for Virtual Mining Corp.
I have my eye on this company and apparently some big players do too
Topic: 2013-10-14 Bloomberg : Bitcoin Mining Rush Means Real Cash for Hardware Makers (Read 664 times)
October 16, 2013, 04:48:20 PM
October 15, 2013, 04:19:19 PM
A good summary of what's going on right now.
October 15, 2013, 12:49:06 AM
http://www.bloomberg.com/news/2013-10-15/bitcoin-mining-rush-means-real-cash-for-hardware-makers.html
Quote
The rally has created a cottage industry of speculators eager to get their hands on Bitcoins, which can only be created digitally by using powerful computers to solve complex software problems. That has in turn boosted a market for high-powered machines, some costing more than $20,000 apiece, which are custom-made to unlock new Bitcoins in a process called mining, a nod to the excavation of minerals and metal ore.
Quote
Robocoin, another Bitcoin ATM maker, unveiled a machine in August priced at $18,500. The Las Vegas-based company received 15 orders in the first 36 hours, according to CEO Jordan Kelley.
“Since we’ve announced preorders, it’s been insane, Kelley said. ‘‘My fingers are cramping from writing e-mails.” Based on initial demand, he projects sales of 100 units in the first year.
“Since we’ve announced preorders, it’s been insane, Kelley said. ‘‘My fingers are cramping from writing e-mails.” Based on initial demand, he projects sales of 100 units in the first year.
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