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Other => Beginners & Help => Topic started by: m0w3r on June 21, 2011, 03:45:55 AM



Title: bitcoin mining and AMD stock price
Post by: m0w3r on June 21, 2011, 03:45:55 AM
It doesn't look like AMD's stock price has significantly appreciated due to mining, yet anyway.
Maybe this is coming.  They've got to notice people buying boat loads of Radeon cards, or is it still early?

AMD stock 2 years: http://finance.yahoo.com/echarts?s=AMD+Interactive#chart1:symbol=amd;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined (http://finance.yahoo.com/echarts?s=AMD+Interactive#chart1:symbol=amd;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined)

NVIDIA stock 2 years: http://finance.yahoo.com/echarts?s=NVDA+Interactive#chart1:symbol=nvda;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined (http://finance.yahoo.com/echarts?s=NVDA+Interactive#chart1:symbol=nvda;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined)


Title: Re: bitcoin mining and AMD stock price
Post by: elvis on June 21, 2011, 03:54:04 AM
they sure sell a helluva lot of high $ cards as a result of bitcoin mining. Try to buy a 6990... only on ebay for >> the MSRP! Guess it depends on how much attention mainstream media will pay to this endeavor.


Title: Re: bitcoin mining and AMD stock price
Post by: BitcoinPorn on June 21, 2011, 03:55:20 AM
Buy now, they are gaining cash, that cash is going to invest into whatever they will market next quarter.

Donate for this tip lulz


Title: Re: bitcoin mining and AMD stock price
Post by: Slab Squathrust on June 21, 2011, 03:59:33 AM
I think the mining market is substantially smaller than the high end gamer market.  If I'm not mistaken many gamers come down on the side of nvidia.  Plus the street views AMD as intel's little brother, the other X86 cpu manufacturer.  I don't think they pay too much attention to the graphics side of it.  After all every computer needs a cpu, many do not carry dedicated graphics, especially those found in the average cubicle (enterprise) computer.

All in all, i wouldn't buy AMD on the new interest in mining.  Plus the whole market seems to be in a bit of a slide.  If you can pick the bottom buy, but that can be hard to do.  


Title: Re: bitcoin mining and AMD stock price
Post by: m0w3r on June 21, 2011, 03:59:44 AM
"Buy now, they are gaining cash, that cash is going to invest into whatever they will market next quarter.

Donate for this tip lulz"


Buy low and then sell high.

If you like this tip, please donate.


Title: Re: bitcoin mining and AMD stock price
Post by: m0w3r on June 21, 2011, 04:07:33 AM
"I think the mining market is substantially smaller than the high end gamer market.  If I'm not mistaken many gamers come down on the side of nvidia. "

Maybe there'll be an unexpected profit coming for AMD from gamers switching brands.  If I were buying high end gaming cards now, I would want to dual purpose with some pool mining.  Now whether that moves the stock price, more may depend on the US dollar..


Title: Re: bitcoin mining and AMD stock price
Post by: Slab Squathrust on June 21, 2011, 04:12:06 AM
"I think the mining market is substantially smaller than the high end gamer market.  If I'm not mistaken many gamers come down on the side of nvidia. "

Maybe there'll be an unexpected profit coming for AMD from gamers switching brands.  If I were buying high end gaming cards now, I would want to dual purpose with some pool mining.  Now whether that moves the stock price, more may depend on the US dollar..

That is how I feel.  I built my computer as a miner with the hope of subsidizing the cost.  Depending on the price of bitcoins it may even pay for itself.  Its ultimate destination is a media center PC.  I'll sell the cards and get a more reasonable one for the role it will be filling when I'm all done. 

On a side note, I made some money in a short play on AMD.  It does appear somewhat undervalued.  However, I have heard that 80% of stocks move with the market regardless of fundamentals.  Like I said it is always tough finding the bottom as an individual investor.