Sadly, this doesn't matter anymore. When BitFury releases it's IPO price in the next 6months after their upcoming gen release, it will and should absolutely shatter the AM share price (creating a similar effect to what's in play RE: IBM vs. AMD $ share price). There will be a David vs. Goliath scenario in these chip mfg sectors - just...please don't envision your sight of David's size if you've never had to really compete with Goliath on the open market...the over-estimation of the equity's future value without a key growth plan would make you vomit make you vomit if you could see the writing now on the wall with BitFury press + the recent Microsoft announcement...
This is a prime scenario that explains where a company could completely burn it's goodwill ledger. One poor end user, home-based product generation has eliminated a whole sector's worth of market-reciprocal investors. This type of equity-present-value loss could only really be recovered at this granite-shill inflated price right now. Looks like a few board members see the cancer in their portfolios at a stage 3, when they expected notification at the onset of stage 1.
Literally terrifying to think about. That being said,AM's cash reserves are fucking enormous. If you haven't been personally monitoring the associated addresses on a 2-3 day basis, you're missing it completely. Just remember that compared to BitFury, any dividends paid are not reinvested capital. And those funds are some dank, sad, stagnant couplings of bullion-esque data.
AND AMHASH is the realistic mining/"transaction processing - fuck you, BitFury" solution that the sector desperately needed...so don't ignore it completely - there's potential in AM still to come, just nowhere near when you think it will arrive.
BitFury has become a well run business. It has emerged as the only company that went from "amateur hour" to professional business. Look at the C-Level team; look at their Board; look at their investors! the new chip coming out any time will be game changer and thats on 28 nm (!!!) Can you imagine what they ll do on 16
GAME OVER.. Question how do others keep BitFury contain so there is no great deal of centralization ?
Show Posts
the whore is pushing Bitmain Antminers so hard - steam com in out of his arrs.. oh well to the thousands of poor small miners who are putting their last bitcoing to buy the machines - there is great deal of PH coming to market (21, BitFury) and your investment will evaporate soon ! Good luck guys buying these machines. As for Spoondolies too bad for the team who failed and now settled to be merged with BTC SHop (what!!) a $20 mln pink sheet market cap on OTC in Nasdaq. This is like 10x less than KNC valuation and you know where that has gone. Spoondolies sad to see being sour losers but oh well. BTC shop has like 2PH or so .. that is less than Bitmain 1000 servers .. bottom line Spoondolies has become irrelevant. In the arms race there are only few players left and they will drive ecosystem. As for BitFury I would not discount them. Look at their track record, look at their market share. Too bad the fker dont sell their machines but even if they did the good days of individual mining are gone. Unless price rallies to 600-700 then its interesting again.. 
