competition

[oli40]

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?

[jr_007]

Is this a personal message ?

[Kryptowolf512]

Any source about this?

[DevelopmentBank]

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.

[oli40]

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.

[oli40]

The interview was a few days ago, but this appeared in the web today

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