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Title: Analysis of ASICMINER stock Post by: prophetx on October 20, 2013, 12:30:10 AM i don't really follow this stock, so would like some input from folks as to why it is down so much since the summer
https://bitfunder.com/asset/G.ASICMINER-PT cheers Title: Re: Analysis of ASICMINER stock Post by: glendall on October 20, 2013, 04:34:46 AM There are many variables, but the simple answer is easy enough to come by: they did fantastic as early-market entrants into the asic market. In the summer they were sustaining mining rates over 10% steadily and sold ample hardware.
But things go quick in BTC world. So a few months later, many new companies came to market with asics, some backed by big money and or significant expertise. Asicminer resultingly lost market share for their products. They are sort of repositioning themselves in the market, it remains to be seen if they will ever be able to regain the foothold they had. Personally I think the company will continue to innovate, increase production, and sell a popular product at market rates, and go up in share price. But having said that, Asicminer will unlikely ever have such dominance and relevance as they understandably did when their was only 3 players in town (+Avalon, +BFL). Title: Re: Analysis of ASICMINER stock Post by: claycoins on October 20, 2013, 04:46:43 AM more competition in the hardware market, decrease in network total hash percentage.
Title: Re: Analysis of ASICMINER stock Post by: MPOE-PR on October 20, 2013, 10:19:22 PM Here you go (http://trilema.com/2013/the-analysis-of-a-failure-asicminer/).
Title: Re: Analysis of ASICMINER stock Post by: dexX7 on October 20, 2013, 10:54:22 PM Here you go. Here is the TL;TR: Quote Asicminer is the company to have brought ASIC Bitcoin miners from fiction to fact. This is a serious engineering undertaking, and if one compares the enormity of the task to the modesty of means arrayed against it the accomplishment is nothing short of breathtaking. I, for one and for what that’s worth am certainly impressed. Listen to the granny, contrary to the impression that may be created by the colorful stigma, almost every post includes some wisdome and knowledge. To get an overview about what is happening and what is going to happen in the future, I suggest to keep an eye on friedcat's posts: https://bitcointalk.org/index.php?action=profile;u=49840;sa=showPosts ASICMINER is here to stay. Title: Re: Analysis of ASICMINER stock Post by: prophetx on October 20, 2013, 11:11:54 PM Here you go (http://trilema.com/2013/the-analysis-of-a-failure-asicminer/). Thanks mpoe-pr you are like the encyclopedia bitcoinica (that is a compliment btw ;) Title: Re: Analysis of ASICMINER stock Post by: prophetx on October 20, 2013, 11:12:53 PM There are many variables, but the simple answer is easy enough to come by: they did fantastic as early-market entrants into the asic market. In the summer they were sustaining mining rates over 10% steadily and sold ample hardware. But things go quick in BTC world. So a few months later, many new companies came to market with asics, some backed by big money and or significant expertise. Asicminer resultingly lost market share for their products. They are sort of repositioning themselves in the market, it remains to be seen if they will ever be able to regain the foothold they had. Personally I think the company will continue to innovate, increase production, and sell a popular product at market rates, and go up in share price. But having said that, Asicminer will unlikely ever have such dominance and relevance as they understandably did when their was only 3 players in town (+Avalon, +BFL). Who are the new players? I know knc miner out of sweden, who else? Title: Re: Analysis of ASICMINER stock Post by: prophetx on November 12, 2013, 10:51:43 AM Anyone have info on if the color coin version of asicminer stock has come out yet?
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