But IMSC IP and tech is not worth 60 million in debt? They have expanded? All good signs of a growing company? big contracts coming in?
#$%$ is going on with this POS stock?
Get ready to be able to buy tons of cheap Graphix cards for cheap on ebay because litecoin miners are going belly up soon. This is just the first of many hard government clamp downs on crypto currency. If it weren't for gov regulation, this system would actually work. Unfortunate gov always ruins a great thing.
can one mine litecoins with their AMD A10 rig? no discreet card?
it won't break 4
Update 11/26/2013: The Radeon 7950 video cards are sold out pretty much everywhere. They’re still the best option for mining if you can find them, but if you can’t, then the new Radeon R9 280X cards are likely your best option. They do consume a fair bit more power though, so you”ll want to upgrade your power supply as well (this 1250w Seasonic should support three 280X GPUs without problems). As for brands, I recommend these Sapphire, Gigabyte, and MSI 280X cards for now. I’ll be updating the rest of my guide at some point in the near future with optimal settings for the 280X, so stay tuned.
Update 12/01/2013: If you’re trying to put a rig together, you’ve probably noticed that the above video cards have become nearly impossible to find. I’ve received a few messages from folks that are having some good results using the R9 290 cards, although they’re a fair bit more expensive than the 280X. If you’re itching to build a rig ASAP and can’t find a 7950 or 280X, then you might consider the 290. It looks like all of the current 290 cards are using AMD’s reference cooling design at the moment, so brand probably doesn’t matter too much. Although given a choice, you usually can’t go wrong with Sapphire, Gigabyte, and MSI. Again, remember to pick up a fairly powerful PSU if you’re going to run 3 of these in a rig.
Custom ASIC chips are being used for bitcoin mining. And the entire bitcoin system is being compromised by hackers. This isn't going to help sell GPU's. I believe you can still use AMD GPU's for litecoin and others.