AM will not be beaten that easily
Waits for Wednesday glad to see the conversations are still interesting
The competition may be heating up but I don't trust their rivals production capabilities just yet
They are worth noting but unless a product delivers it's just speculation.
Even if a product delivers and is shipped we don't have the information on Friedcats Gen 2 yet
We just know it will blow the current market on ASIC's.
I wouldn't really worry about them being under-powered to the competition until I know the true specs
Worth guessing at but it's not known yet.
They are maintaining the hash rate as well even with this new competition so they hedge either way
The more units they produce the more demand market will dictate price.
We know they can produce but the question is how much do people want to buy with the knowledge they do deliver and won't make you wait a year or two XD.
A less risky investment than just having mining units
Plus Competition costs to produce hardware are very DAMN important
Another point is their are only 400,000 shares and they don't plan on increasing that quantity
Perhaps a stock split but the pass-thrus do that already
So whats not sent to the dividend everyday grows the equity in the company
For everyday they have the monopoly that equity will grow a bit
Well we need a financial statement to know how much
That said do not call BFL real until they do deliver more than the rare one, BFL could basically be said to be an accumulate bitcoin scheme that will deliver products when the price of mining with their own units becomes unprofitable while sending out the rare unit now and then to have more people buy into this scheme and in the meantime get to hold the money for free Then announce more powerful units and toss the old ones away genius
If the competition finally appears
Who's to say an Oligopoly doesn't form bwhahahaa
I heard the same thing in April, then May, then June, and now July, and now by the end of the year. When will this competition arrive, again?
When it does when it does velacreations perhaps not till the end of time but at least for now their isn't any
That day will be a day we can diversify some shares and own a part of two hammers lol.
Unless they just become a delivery company in which case I can easily argue that if they are near the same power and prices
People will choose ASICminer as they can be shareholders and get a part of the dividend from buying hardware
Whats more important than the price is simply the DANG margin
If you make super powerful units but make very little from selling them but get a lot of demand or you make simple units using considered old technology and sell a modest amount.
In the end the profits could easily be the same and what matters is simply selling over the margin.
Friedcat over delivers or you could say hes a damn understates all the time XD
In Friedcat we Trust
Lol Eskimobob that belonged in ASIC not Sdice but quotes it for
(off topic)
Abu22, you understand that those happy days of BTC, where anyone can mine a coins with a CPU or GPU are gone forever.
Crowd driven, kumbaya singing, mining community days are getting replaced by ASIC/whatever miningfarms, run by few greedy fuckers who do everything to become the BTC "banks" of the future... oops... full circle and guess what, we are back where we started to run away from - world, where small gang of greedy scum is controlling your favorite coin. Those same greedy assholes will be setting the tx fees in the future where casual mining is non-existing.
