InvestorsHub Logo
Followers 2
Posts 103
Boards Moderated 0
Alias Born 02/03/2014

Re: chrisbooth post# 19440

Wednesday, 02/05/2014 4:36:05 PM

Wednesday, February 05, 2014 4:36:05 PM

Post# of 36793
Oh, I misinterpreted. I thought it was being suggested that they are accepting bitcoin as payment or would be operating with the actual currency. A lot of car dealerships are getting in on that and it has shown really successful.

Bitcoin mining is a tough game, but I don't think they could get in to the 'bitcoin game' being such a low-level supplier. They would have to make the ceramics or microceramics for some other company who builds the electronic components and boards that go in to what's called ASIC miners. That's the current 'hot' method. Now, I am *not* saying they won't, but it's not like they can make a 'Bitcoin specific' component and suddenly be in the game. The components in an ASIC miner (full unit, card, etc) are basically the same as what's in any other computer or powerful graphics card (same calculation method). So hopefully someone who supplies a manufacturer of Bitcoin miners will outsource to CTKH for microceramics. Ceramics have a tricky place in computers just because heat dissipation is often treated more critically than heat resistance, though both are very important.

I may be wrong on some of my info (I often am) and if so, I apologize, but this has been my take on it. I think CTKH has such a real foundation that they have built on that the Bitcoin game isn't needed to see real returns, but as always, we hope for the best!