Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 178. (Read 479317 times)
I think these these exchanges are saturated at the moment and I think the communities ability to continue to pay millions of dollars to funds new ventures is limited. I really do not see this IPO succeeding.
I've developed two small guidelines so far in my short time here.
1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.
2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.
1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.
2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.
this is how people get rich
I've developed two small guidelines so far in my short time here.
1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.
2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.
1. If anyone posts a picture of a rocket and adds something like "To the moon!" it is time to sell.
2. If everyone is shitting their pants at the latest fud and the price is dropping fast it is time to buy, because will be all over in 15 min when the people with the attention span of a puppy have forgotten whatever it was they thought was so important.
What's today's FUD menu? Hashfast? 
Always interesting to see rushed chips popping out almost daily.
Is there any evidence that Uniquify designed a IC that required a heatsink? Or are they experienced CAD-monkeys that "design" ICs by cutting and pasting "intellectual property" black boxes to create SoC-s for the portable and battery-operated market segments?
It would also probably help to define what the word "risk" means here. It isn't the risk of getting a non-working or extremaly bad yielding chip. The risk is that the chip has to be severely derated to actually work. And by derated I mean underclock but overvolt to combat the internal noise in the chip.
The helveticoin user was also from some established ASIC design house and they had 28nm prototype hashing chips either late last year or early this year. But their design seems to be non-viable commercially because it was designed like just another integrated peripheral for the SoC CPU.
Always interesting to see rushed chips popping out almost daily.
I don't say, that such an implementation is impossible. But it's is extremely risky and the thermal and power issue will be the hell. And based on what they have shown so far, I would say they are far away from tape-out.
Thermal and power and simultaneous switching noise. Standard cell libraries are designed for standard toggle rates. SHA-2 is very close to the theoretical maximum toggle probability (when doing the approximate/probabilistic power/thermal/noise simulations).Is there any evidence that Uniquify designed a IC that required a heatsink? Or are they experienced CAD-monkeys that "design" ICs by cutting and pasting "intellectual property" black boxes to create SoC-s for the portable and battery-operated market segments?
It would also probably help to define what the word "risk" means here. It isn't the risk of getting a non-working or extremaly bad yielding chip. The risk is that the chip has to be severely derated to actually work. And by derated I mean underclock but overvolt to combat the internal noise in the chip.
The helveticoin user was also from some established ASIC design house and they had 28nm prototype hashing chips either late last year or early this year. But their design seems to be non-viable commercially because it was designed like just another integrated peripheral for the SoC CPU.
"Don't get left holding the bag!"
****
You're trying too hard.
****
You're trying too hard.
They have six days to raise over 20,000 btc or the IPO fails.
And on Bitfunder.......Most likely a failure.
The difference is this,
when you are able to purchase chips AT COST from the Fab, you can scale much greater than anyone buying from any competitor at retail cost (Even reduced cost for bulk purchases)
Chips are only $2-3/each from a wafer, producing boards at cost and everything else combined, it shouldn't cost ken more than $1-2/GH for full implementation.
I doubt any competitor out there is going to be selling at the $1-2/GH levels anytime in the near future.
You may doubt that these competitors will be able to reach those price points but this project is being run by DeaDTerra who also invested early on in ASICMINER and Satoshi Dice which both paid off in droves. Clearly he must see a huge upside to this project, and I doubt very much that he would not do the proper $/GH calculations when formulating his plan. when you are able to purchase chips AT COST from the Fab, you can scale much greater than anyone buying from any competitor at retail cost (Even reduced cost for bulk purchases)
Chips are only $2-3/each from a wafer, producing boards at cost and everything else combined, it shouldn't cost ken more than $1-2/GH for full implementation.
I doubt any competitor out there is going to be selling at the $1-2/GH levels anytime in the near future.
There's also the "IPO Mania" lately that has been driving down share prices for ActiveMining and others, and this is likely to be no different than Labcoin and BTCGARDEN. Don't get left holding the bag!!
Wow after thinking about this some more I think this IceDrill project is the future. ActiveMining is going to have extremely stiff competition with all of these new competitors in the market and I just don't see how it's going to be profitable at this share price. I've just sold a considerable amount of shares to purchase IceDrill. I think others should too lest they watch their ActiveMining shares quickly lose value as people panic sell.
Weather you are correct or not, I've learned to spot these market panics and plan accordingly.
From what I can figure that hashfast will actually GET out their chips, I'm doubting that their rack mount kit is going to be all that more dense than the VMC 24TH full rack, might beat it by half, not a helluva lot when IceDrill is going to pay retail, so I think ActiveMining will be able to compete.
Wow after thinking about this some more I think this IceDrill project is the future. ActiveMining is going to have extremely stiff competition with all of these new competitors in the market and I just don't see how it's going to be profitable at this share price. I've just sold a considerable amount of shares to purchase IceDrill. I think others should too lest they watch their ActiveMining shares quickly lose value as people panic sell.
Some guy sold my brother a car audio amp out of his trunk a while back. The brand was "RockWood". A cross between Rockford Fosgate, and Kenwood. The thing only lasted 2 weeks before it died.
I lol'd.
On a more serious note, the IceDrill project seems to be extremely ambitious. If they pull of the first IPO, we are talking serious competition. It'll be really interesting to see how sales go over the past few days, which would give a good indication as to whether they'll pull it off or not.
Edit:
Forgot to add: INDUCE PANIC SELLING!
Some guy sold my brother a car audio amp out of his trunk a while back. The brand was "RockWood". A cross between Rockford Fosgate, and Kenwood. The thing only lasted 2 weeks before it died.
Material Development, Type Competition:
Time to update the projections again!
Also, this: http://www.youtube.com/watch?v=d-diB65scQU
This HashFast company (ugh really? HashFast and FastHash coexisting?) sounds like a scam to me. They have even less information available than their competitors and claim 400GH/s from a single chip? Yeah okay, I'll believe it when I see it. Quote
The IceDrill mine will launch with its initial 500 Th/s capacity in the last quarter of 2013, likely in November.
https://bitcointalksearch.org/topic/m.2880180
https://bitcointalksearch.org/topic/m.2880180
Time to update the projections again!
Also, this: http://www.youtube.com/watch?v=d-diB65scQU
Agreed, I'm not liking the name similarity
They have six days to raise over 20,000 btc or the IPO fails.
Material Development, Type Competition:
Time to update the projections again!
Also, this: http://www.youtube.com/watch?v=d-diB65scQU
Quote
The IceDrill mine will launch with its initial 500 Th/s capacity in the last quarter of 2013, likely in November.
https://bitcointalksearch.org/topic/m.2880180
https://bitcointalksearch.org/topic/m.2880180
Time to update the projections again!
Also, this: http://www.youtube.com/watch?v=d-diB65scQU
I have some realistic skepticism on the timescales for getting the 6TH online - not because of ActiveMining, but because there are two other companies involved in the supply chain. It's a row of domino's and control really lies with Avalon at the moment. Let's hope they get a jiggle on :-)
Any reasons why Avalon is delayed?
There's a whole thread on it in the custom hardware board
https://bitcointalksearch.org/topic/m.2824113
I have some realistic skepticism on the timescales for getting the 6TH online - not because of ActiveMining, but because there are two other companies involved in the supply chain. It's a row of domino's and control really lies with Avalon at the moment. Let's hope they get a jiggle on :-)
Any reasons why Avalon is delayed?
What's the most up-to-date estimate for when we'll be hashing at 6+TH/s?
I've been hearing this question a lot lately. Streets first page over on the speculation thread (https://bitcointalksearch.org/topic/activemining-overview-and-speculation-thread-254930) is GREAT for gleaning this type of info! Here's what it says:
Per Ken on June 17th we had 6 weeks until the 6.3TH/s is going online.
(https://bitcointalksearch.org/topic/m.2751822)
The Avalons were delayed two weeks, push us out 8 weeks from ~June 17th which is somewhere near Sept. 11th.
In total, around ~6,377 GH/s is expected to come online by the end of August/early September.
That date (2nd week of Sept.) was the most recent I had heard, but was wondering if that had changed at all.
Good stuff. Thanks!
As more progress is made, demonstrated and released, that time line will become more and more clear to all parties involved. As a note, I will still do my best to keep the Overview thread up to date as much as possible in the first post. I probably will not be posting anything other than editing that OP from the Streets 2.0 account.
I have some realistic skepticism on the timescales for getting the 6TH online - not because of ActiveMining, but because there are two other companies involved in the supply chain. It's a row of domino's and control really lies with Avalon at the moment. Let's hope they get a jiggle on :-)
What's the most up-to-date estimate for when we'll be hashing at 6+TH/s?
I've been hearing this question a lot lately. Streets first page over on the speculation thread (https://bitcointalksearch.org/topic/activemining-overview-and-speculation-thread-254930) is GREAT for gleaning this type of info! Here's what it says:
Per Ken on June 17th we had 6 weeks until the 6.3TH/s is going online.
(https://bitcointalksearch.org/topic/m.2751822)
The Avalons were delayed two weeks, push us out 8 weeks from ~June 17th which is somewhere near Sept. 11th.
In total, around ~6,377 GH/s is expected to come online by the end of August/early September.
That date (2nd week of Sept.) was the most recent I had heard, but was wondering if that had changed at all.
Good stuff. Thanks!
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