Anyone have info on if the color coin version of asicminer stock has come out yet?
tia
Topic: Analysis of ASICMINER stock (Read 1646 times)
There are many variables, but the simple answer is easy enough to come by: they did fantastic as early-market entrants into the asic market. In the summer they were sustaining mining rates over 10% steadily and sold ample hardware.
But things go quick in BTC world. So a few months later, many new companies came to market with asics, some backed by big money and or significant expertise. Asicminer resultingly lost market share for their products. They are sort of repositioning themselves in the market, it remains to be seen if they will ever be able to regain the foothold they had.
Personally I think the company will continue to innovate, increase production, and sell a popular product at market rates, and go up in share price. But having said that, Asicminer will unlikely ever have such dominance and relevance as they understandably did when their was only 3 players in town (+Avalon, +BFL).
But things go quick in BTC world. So a few months later, many new companies came to market with asics, some backed by big money and or significant expertise. Asicminer resultingly lost market share for their products. They are sort of repositioning themselves in the market, it remains to be seen if they will ever be able to regain the foothold they had.
Personally I think the company will continue to innovate, increase production, and sell a popular product at market rates, and go up in share price. But having said that, Asicminer will unlikely ever have such dominance and relevance as they understandably did when their was only 3 players in town (+Avalon, +BFL).
Who are the new players? I know knc miner out of sweden, who else?
Thanks mpoe-pr you are like the encyclopedia bitcoinica (that is a compliment btw
Here you go.
Here is the TL;TR:
Quote
Asicminer is the company to have brought ASIC Bitcoin miners from fiction to fact. This is a serious engineering undertaking, and if one compares the enormity of the task to the modesty of means arrayed against it the accomplishment is nothing short of breathtaking. I, for one and for what that’s worth am certainly impressed.
Listen to the granny, contrary to the impression that may be created by the colorful stigma, almost every post includes some wisdome and knowledge.
To get an overview about what is happening and what is going to happen in the future, I suggest to keep an eye on friedcat's posts:
https://bitcointalksearch.org/user/friedcat-49840
ASICMINER is here to stay.
more competition in the hardware market, decrease in network total hash percentage.
There are many variables, but the simple answer is easy enough to come by: they did fantastic as early-market entrants into the asic market. In the summer they were sustaining mining rates over 10% steadily and sold ample hardware.
But things go quick in BTC world. So a few months later, many new companies came to market with asics, some backed by big money and or significant expertise. Asicminer resultingly lost market share for their products. They are sort of repositioning themselves in the market, it remains to be seen if they will ever be able to regain the foothold they had.
Personally I think the company will continue to innovate, increase production, and sell a popular product at market rates, and go up in share price. But having said that, Asicminer will unlikely ever have such dominance and relevance as they understandably did when their was only 3 players in town (+Avalon, +BFL).
But things go quick in BTC world. So a few months later, many new companies came to market with asics, some backed by big money and or significant expertise. Asicminer resultingly lost market share for their products. They are sort of repositioning themselves in the market, it remains to be seen if they will ever be able to regain the foothold they had.
Personally I think the company will continue to innovate, increase production, and sell a popular product at market rates, and go up in share price. But having said that, Asicminer will unlikely ever have such dominance and relevance as they understandably did when their was only 3 players in town (+Avalon, +BFL).
i don't really follow this stock, so would like some input from folks as to why it is down so much since the summer
https://bitfunder.com/asset/G.ASICMINER-PT
cheers
https://bitfunder.com/asset/G.ASICMINER-PT
cheers
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