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Topic: LKETC announced 14nm and asked for 10k btc loan (Read 845 times)

legendary
Activity: 1620
Merit: 1000
news.8btc.com
LKETC & BW announced the 14nm project has been funded with Korean capital and 75w/t miner is "coming soon".
http://8btc.com/thread-18051-1-1.html
hero member
Activity: 518
Merit: 500
Trust me!
What do you, personally, make of this? I find it peculiar that he would do such a thing

Last endeavor to save the company. If he could get a loan, the market will take a hit as he must liquidate the 10,000 btc.

that's another problem of mining, apparently the big dump from the whole mining thing, come from the new production cycle instead of the daily dumping of 3600 coins

People aren't dumping 3600 coins every day. A lot of those coins are being held or sold at fixed rates (fixed amounts) to people looking to buy in huge quantities!
legendary
Activity: 3206
Merit: 1069
What do you, personally, make of this? I find it peculiar that he would do such a thing

Last endeavor to save the company. If he could get a loan, the market will take a hit as he must liquidate the 10,000 btc.

that's another problem of mining, apparently the big dump from the whole mining thing, come from the new production cycle instead of the daily dumping of 3600 coins
legendary
Activity: 1620
Merit: 1000
news.8btc.com
What do you, personally, make of this? I find it peculiar that he would do such a thing

Last endeavor to save the company. If he could get a loan, the market will take a hit as he must liquidate the 10,000 btc.
hero member
Activity: 529
Merit: 500
What do you, personally, make of this? I find it peculiar that he would do such a thing
legendary
Activity: 1620
Merit: 1000
news.8btc.com
LKETC announced 14nm chips project and sales 4p hashing rate at 1mRMB/p.
And he asked for a 10k btc loan at 20% annual interest.

more:
http://8btc.com/thread-17001-1-1.html
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