Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: oli40 on December 04, 2017, 03:15:16 PM



Title: competition
Post by: oli40 on December 04, 2017, 03:15:16 PM
Hello Envion, I would like to hear your view on your relative position in the mining-market.

Marc van der Chijs, founder of First Block Capital, said in an interview they are planning a huge rollout of mining units.
They are a big player and get their funding from institutional investors only.
They aim to raise $500 million over the next few weeks.

How would a big player like this influence your position in the (future) mining market?


Title: Re: competition
Post by: jr_007 on December 04, 2017, 03:24:32 PM

Is this a personal message ?


Title: Re: competition
Post by: Kryptowolf512 on December 04, 2017, 03:42:03 PM
Any source about this?


Title: Re: competition
Post by: DevelopmentBank on December 04, 2017, 04:24:35 PM
No source = just your opinion.

But regardless, I highly doubt if they will be able to invest $500 million worth into mining. First of all the they would have problems with the GPU / ASIC manufacturer ordering. $500 is too much and they would rather have just bought AMD, NVIDIA, and BITMAIN. Lol.


Title: Re: competition
Post by: oli40 on December 04, 2017, 04:35:47 PM
Sorry, I wanted to post this in the Envion thread.
It's not my opinion, it is what this guy said in an interview.
You can look it up on the internet, but it's in Dutch..
And yes, half a billion is a lot, but they are serious players.


Title: Re: competition
Post by: oli40 on December 04, 2017, 04:45:24 PM
The interview was a few days ago, but this appeared in the web today

http://www.businesswire.com/news/home/20171204005288/en/