look at these ratios
http://coinmarketcap.com/
gear mining btc 2,380,716,564 GH/s that is 183,000 s9's and that is 274,500,000 usd plus psu's
cap is 14,582,607,308 usd so 18.82%
gear mining eth
5976 gh that is 200,000 rx 480's and that is 42,000,000 usd
cap is 631,622,906 usd so 6.65%
gear mining zec
55 mh is 275,000 rx 480s say 57,750,000 usd
cap is 15,392,931 usd so 375.17%
So gear value to cap value ratios
BTC 18.82%
ETH 6.65%
ZEC 375.17%
DO THESE HAVE MEANING?
if they do zec will soar in value
or BTC and ETH will crash in value.
LOOK AT THIS LIST:
gpu
AMD
Which is probably the ONLY member of that list that mining has ever caused a measurable "sales blip" for.
Keep in mind though - of every "AMD GPU" that is sold, AMD themselves likely realise at most 20% and more likely 10-15% of the final retail sale price on.
It would take MANY tens of milliions in "additional sales" to miners to pay AMD back for a $10 million price intervention like like has been suggested.
Keep in mind that the very very limited number of chip making facilities that CAN make the GPUs for the current generation cards have been BACKLOGGED the entire time they've had any production at all, which puts a severe limit on how many "additional" cards IF ANY are capable of being sold.
Some folks wonder why BitMain keeps "selling out" so often on the various S9 batches.
I am 100% CERTAIN the reason is that they can't get the CHIPS on a reliable basis to keep up with demand for the SAME REASON.
If ZEC had gone live 2 years ago, or 1-2 years from now, it might make SOME sense for AMD to pump the market - right now, it makes pretty much zero sense.
exactly which is why the pumps are not 10 million when they come.
You realize the pump that just past had 2,000,000 usd in action on pump day.
if you have 4 accounts on a major exchange and use:
a to sell to b
to sell to c
to sell to d
to sell to a
to sell to b
to sell to c
to sell to d
and boom a pump at a lower cost then 2,000,000
This will not end for quite a while. Why is that simple the market cap is low and it is cheap to do so.