1 million BCH = 500 million dollars IF the market could handle them selling it all. IDK what their expenses/profit margins are but 500 mill is not actually that much money.
Who said anything about them selling? They are invested in BCH. They just sponsored the Houston Rockets. They are sponsoring the Dev Con in San Francisco. Bitmain isn't going anywhere
That's not really what I'm saying. I'm saying that if they HAD to sell because their books are in the red, even a million BCH is not going to float the Titanic.
Maybe- maybe not, but that wasn't the original topic.
There are other companies coming out with very hot ASIC chips. If even a quarter of their customers go elsewhere for hardware(for whatever reason) I think they're toast.
Come on now. They are putting up 50 million for Dev Con. If they were even close to being toast, they wouldn't be doing that.
Yeah I can get on board with that. I'm a bit skeptical about the motivation behind Wormhole. Seems to me they're more interested in gambling casinos(ICO exchanges) than making BCH cash
Well that belongs in a whole different topic.
