Luke Burgess Bitcoint “Printing Press” Teaser
by Hammer | August 7, 2017 12:08 pm
What is the ASIC manufacturer that Luke Burgess[1] is teasing that makes the bitcoin ”printing press” e.g. powers the energy intensity mining boxes? We know it is not INTC, NVDA, QCOM or AMD. So what could it be and is it a legit investment opportunity?
Endnotes:
- Luke Burgess: https://www.stockgumshoe.com/tag/luke-burgess/
Source URL: https://www.stockgumshoe.com/2017/08/microblog-luke-burgess-bitcoint-printing-press-teaser/
Is suspect that it is MGTI
Their chips are done by Texas Instruments
Bitcoin mining is a great way to spend a lot of $/kWh for little reward and the computing power keeps getting more intense. Not a good ROI on time or money in my view.