Personally, I think the best values on the bitcoin market are the big dogs SD and AM and then BTCQuick. Unfortunately all are vulnerable to competition.
The barriers to entry for mining operations are becoming lower; however, competition is a good indication that a business is doing something worth imitating—I caution you, though, past success is not always a good indicator of how well a business will respond to competition. A mining operation that outperforms its mining share target is able to then sell hardware to competitors, thus reducing its share of mining profits to the targeted level but also raising new revenues through hardware sales. ASICMINER is a good example of a company well-poised to take on new competitors. ASICMINER holds hashing power in reserve while also setting a lower than capacity mining share target. This allows ASICMINER to create an enhanced barrier to entry for other large mining operations by: (1) increasing the mining difficulty by providing hardware to solo miners, (2) holding power in reserve to see off the efforts of burgeoning new challengers, and (3) developing but holding new technology in reserve to maintain high resale prices for its older technology (which could easily be devalued by immediate roll-out of newer, faster technology).
ASICMINER is at the top of the pile, but its share price carries a high premium. I don't think ASICMINER profits or value are likely to increase wildly because of the strategic principles I outlined—however, it still remains
the bitcoin blue chip security because of its high dividends to share price ratio which competes with even Coinlenders
excessive +25%APR on Deposits.
