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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 223. (Read 771288 times)

sr. member
Activity: 347
Merit: 250
Dream on.  That might be the silicon cost for easic.  But once you add in the board, controller and compoenents, power supply, facilities etc, you will be vastly more expensive than current retail offerings.

As I have said before the power estimates are simply unrealistic.  FPGA hard copies are far less efficient than pure silicon designs.  So imagining that easic will deliver at a lower power consumption than KNC is in the territory of elves and unicorns.

The boards and all of the components involved are really not that expensive. It might add $0.15-$0.25/GH to the total cost. I agree that the power estimates should be higher than KnC, I never said it would be lower. KnC gets between 0.8W/GH - 1.5W/GH We'll probably see 1.2-2W/GH with the FPGA copies.

Regardless, even if the gear was $2/GH cost, gear in hand right now is selling for ~$20/GH (Note I didn't say this would make a profit but it is selling and ActM does sell hardware)
At $2/GH mining will be very profitable for quite a long time at current prices. Arguing against this means you do not have a firm grasp on what will be delivered and when. I call it the sky is falling syndrome.



Wrong.  Go price voltage regulators with reasonable power conversion efficiency.  Those alone will blow your estimates apart.


Please show us the math, the newbs need saving. Back it up like you are asking everyone else to.
sr. member
Activity: 266
Merit: 250
We, in fact know many things.
Ken has demonstrated he is a drunk.
FUD


Ken does not have any of the requisite skills required to design and manufacture electronics.
Untrue - FUD


Every schedule proposed for this project has been blown in a manner that completely compromises any  opportunity for profit
Untrue - FUD



There is no commitment to deliver by any date
The same with any company until the date IS confirmed! - FUD



Multiple companies with better technology have demonstrated working hardware and are ready to ship in volume soon
Point addressed - it's called the competition. FUD



EDIT - Entropy-uc has proved he's another wannabe ACtM holder. Make him pay top dollar for your shares if you want to sell. Don't become a victim of these Trolls lies. They want your shares and they will pay for them because they know ACtM will be a big player. Don't sell low.

As for newbies - don't buy ACtM. That should make this idiot happy, but will it? mmmmm





sr. member
Activity: 266
Merit: 250
unmitigated disaster

You are depicting ACtM as a 'disaster'. That's just complete nonsense. Something makes me think you are being manipulative for some ulterior reason. Even if what you suggest is true, that ACtM will have a more expensive chip than KnC has access to, does that make the company a 'disaster'? No.

ACtM has the resources and ability to produce enough 24 TH/s machines to take 5% of global hash within the next 6-8weeks. Is that a disaster? If our electricity bill is a certain percent higher than a similar farm somewhere else and out cost of production a certain percent higher does that mean the farm is a disaster? In what way is mining well over 1000BTC a week a disaster?

If anyone is trying to manipulate anything it is you trying to make the opening share price on CryptoTrade low so you can buy in cheap.

Why have you decided to be active on here now whereas a month ago you were silent when people were buying ACtM shares? Why are you concerned about noobs now but not last month? It doesn't add up dude, not at all.  

sr. member
Activity: 266
Merit: 250
How could Ken's chip, being less efficient & costlier both in GH/s & BOM, compete?  

You are presuming there is no room in this (or any) industry for competition and that is never ever true. How many types of micro-processors are used in home PC/laptops right now? Is the answer one? Is the fastest per dollar processor dominating the market? No, and it likely never will because many many products are priced to appeal to customers on varying performance/cost basis. So we might have a lesser spec machine than company X but does that mean we will sell none of them? No. Does everyone buy the best performance car? No. Does everyone buy the best value budget car? No because everyone has their own budget, and everyone realises the returns on a mining machine will usually determine how much you expect to pay for it. That's the retail side of our business covered.

Next - ACtM only need 3% of the BTC mining market to give all share holders a massive return on their investment. So you are suggesting that we cannot build enough machines to take 3% of the current market. That's been proved to be far from true on here several times. We are able to start with 5+% and work up quickly to 10% of global hash with the resources currently available to us.

Ken is on the cusp of opening the mining farm and shipping machines. Saying he has no experience in this field when he is already 95% of the way there is simply ludicrous.










hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
...complete and unmitigated disaster sound good ...

you know nothing and until you (we) do, you're blowing hot air and coming off as manipulative.

Unfortunately he is just another one of those guys that tries to say "I told you so" and then if things do turn up well he just leaves and never returns. Wasted air I suppose.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
...complete and unmitigated disaster blah blah blah ...

you know nothing and until you (we) do, you're blowing hot air and coming off as manipulative.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Dick swinging contest aside, nobody in here knows anything about what is actually happening at ACTM/VMC, so yammering on and on ad nauseum is pointless.

Given my observations of a lot of players in the bitcoin sphere, a deep and warm "concern for the community" is hardly a priority…

If you're on here posting negative, you're intentions are dubious.
sr. member
Activity: 448
Merit: 250
Dream on.  That might be the silicon cost for easic.  But once you add in the board, controller and compoenents, power supply, facilities etc, you will be vastly more expensive than current retail offerings.

As I have said before the power estimates are simply unrealistic.  FPGA hard copies are far less efficient than pure silicon designs.  So imagining that easic will deliver at a lower power consumption than KNC is in the territory of elves and unicorns.

The boards and all of the components involved are really not that expensive. It might add $0.15-$0.25/GH to the total cost. I agree that the power estimates should be higher than KnC, I never said it would be lower. KnC gets between 0.8W/GH - 1.5W/GH We'll probably see 1.2-2W/GH with the FPGA copies.

Regardless, even if the gear was $2/GH cost, gear in hand right now is selling for ~$20/GH (Note I didn't say this would make a profit but it is selling and ActM does sell hardware)
At $2/GH mining will be very profitable for quite a long time at current prices. Arguing against this means you do not have a firm grasp on what will be delivered and when. I call it the sky is falling syndrome.

But yes there is nothing right now and all of this is simply speculation based on the facts we have. Ultimately the trolls will not want to do any sort of reasoning or logic and simply say "Where are da chipz".

If you want to argue if there are chips or not then go ahead, I won't even debate you as I have no idea either but if there are and using the figures given we're still set even if there's nothing until end of February.

Sometimes bargraphics gets drawn into feeding the trolls, but I respect the guy a lot more than 95% of posters in this thread. Why? Well the dude is hashing with 7.2TH/s and clearly has some knowledge/experience with BTCMining.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Dream on.  That might be the silicon cost for easic.  But once you add in the board, controller and compoenents, power supply, facilities etc, you will be vastly more expensive than current retail offerings.

As I have said before the power estimates are simply unrealistic.  FPGA hard copies are far less efficient than pure silicon designs.  So imagining that easic will deliver at a lower power consumption than KNC is in the territory of elves and unicorns.

The boards and all of the components involved are really not that expensive. It might add $0.15-$0.25/GH to the total cost. I agree that the power estimates should be higher than KnC, I never said it would be lower. KnC gets between 0.8W/GH - 1.5W/GH We'll probably see 1.2-2W/GH with the FPGA copies.

Regardless, even if the gear was $2/GH cost, gear in hand right now is selling for ~$20/GH (Note I didn't say this would make a profit but it is selling and ActM does sell hardware)
At $2/GH mining will be very profitable for quite a long time at current prices. Arguing against this means you do not have a firm grasp on what will be delivered and when. I call it the sky is falling syndrome.



Wrong.  Go price voltage regulators with reasonable power conversion efficiency.  Those alone will blow your estimates apart.


DC/DC converters are the most expensive part of the board everything else is just about peanuts. No they don't blow anything apart. Guess you need to get better connections.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Dream on.  That might be the silicon cost for easic.  But once you add in the board, controller and compoenents, power supply, facilities etc, you will be vastly more expensive than current retail offerings.

As I have said before the power estimates are simply unrealistic.  FPGA hard copies are far less efficient than pure silicon designs.  So imagining that easic will deliver at a lower power consumption than KNC is in the territory of elves and unicorns.

The boards and all of the components involved are really not that expensive. It might add $0.15-$0.25/GH to the total cost. I agree that the power estimates should be higher than KnC, I never said it would be lower. KnC gets between 0.8W/GH - 1.5W/GH We'll probably see 1.2-2W/GH with the FPGA copies.

Regardless, even if the gear was $2/GH cost, gear in hand right now is selling for ~$20/GH (Note I didn't say this would make a profit but it is selling and ActM does sell hardware)
At $2/GH mining will be very profitable for quite a long time at current prices. Arguing against this means you do not have a firm grasp on what will be delivered and when. I call it the sky is falling syndrome.

But yes there is nothing right now and all of this is simply speculation based on the facts we have. Ultimately the trolls will not want to do any sort of reasoning or logic and simply say "Where are da chipz".

If you want to argue if there are chips or not then go ahead, I won't even debate you as I have no idea either but if there are and using the figures given we're still set even if there's nothing until end of February.
full member
Activity: 221
Merit: 100
Weekly Update 12/18/13


Crypto-Trade:

I have all of the legal issues worked out, and I am programming them into the verification site.

VMC:

We are working with eASIC and our engineers to get our chip and boards in full production.

We have stock piled all the hardware to build the miners and we are per-assembling the miners.

Quoting this again so you people don't forget.

This is Bullish as fuck

LOL.

You all have been eating too many strange mushrooms.

There is nothing bullish about a promise of inefficient silicon coming someday, when 2 28 nm suppliers are showing pictures of their 30x faster hardware and promising shipment within days.

I thought you kids were delusional back in May.  Now it's just getting to be sad.

I'm just happy you can't do math or understand the basic fundamental principals of having hardware at cost.

Proceed to being ignorant!

Please Mr. Math Wizard edumacate me!

Show me the fantastic cost advantage you will have some day.  Remember to account for:
1.  The vastly lower silicon density of an easic
2.  Easic's markup of silicon costs to AMC
3.  The much higher power consumption of easic, which leads to higher costs for facilities, cooling and operations
4.  The cost of boards, cases and power supplies for chips that are 30x slower than Hashfast and CoinTerra

I did the math back in April.  Hardware at cost does nothing for you when cost is greater than retail pricing for a real 28 nm.

Something I don't understand are these calculations from mining.genesisblock.com

HashFast is currently selling their Sierra 1.2 TH/s miner for $6,300 with a guaranteed ship date of March 31, 2014. I'm using the March 2014 option for these calculations as you can check here: http://mining.thegenesisblock.com/a/afae541e37

Cointerra sold out of their TerraMiner IV 2 TH/s March Batch miner which cost $6,000 and using the March option for the setup you get this: http://mining.thegenesisblock.com/a/c3b4c6d957 and using April option brings no ROI.

Whats the word with these other miners? Have any of them been released??



sr. member
Activity: 330
Merit: 250

Then why are you here?
Why spend time in this thread if you are not invested/do not plan on investing?
I don't buy it when people say they are here to tell me I have done a bad investment and they have nothing to gain in spending time informing me about it.

I am here to make sure you don't find some newb and trick him into becoming your bagholder.

Note to newbs:  Notice that the cheerleaders on here never try to engage me in a discussion of the facts.  That is because there is no way to make the facts look good.  Plus, you have to be totally ignorant of what easic does and where it fits into the silicon ecosystem to ever dream that Ken's reported approach would be a good investment.

I would say that spending hours of photoshopping Kens pictures all day far exceeds "informing the newbs".  I am of course not referring to you, but I want to point out that there is a lot of effort being made by those who are simply "protecting" the community  Cheesy 


+1
sr. member
Activity: 392
Merit: 250

Then why are you here?
Why spend time in this thread if you are not invested/do not plan on investing?
I don't buy it when people say they are here to tell me I have done a bad investment and they have nothing to gain in spending time informing me about it.

I am here to make sure you don't find some newb and trick him into becoming your bagholder.

Note to newbs:  Notice that the cheerleaders on here never try to engage me in a discussion of the facts.  That is because there is no way to make the facts look good.  Plus, you have to be totally ignorant of what easic does and where it fits into the silicon ecosystem to ever dream that Ken's reported approach would be a good investment.

I would say that spending hours of photoshopping Kens pictures all day far exceeds "informing the newbs".  I am of course not referring to you, but I want to point out that there is a lot of effort being made by those who are simply "protecting" the community  Cheesy 
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Please Mr. Math Wizard edumacate me!

Show me the fantastic cost advantage you will have some day.  Remember to account for:
1.  The vastly lower silicon density of an easic
2.  Easic's markup of silicon costs to AMC
3.  The much higher power consumption of easic, which leads to higher costs for facilities, cooling and operations
4.  The cost of boards, cases and power supplies for chips that are 30x slower than Hashfast and CoinTerra

I did the math back in April.  Hardware at cost does nothing for you when cost is greater than retail pricing for a real 28 nm.

Exactly as I thought. You want others to do the work for you. That's the problem with kids these days.

Thankfully for you, you can go search my past posts in the ActM thread where I did the math based on actual costs for a 28nm that has been confirmed by companies that already have a 28nm. That's the beautiful thing about actually getting off your ass and going to these conferences.

Unless companies start selling hardware for ~$0.30-$0.75/GH and the estimated ~1W/GH of the eASIC chip (which is just about what KnC gets on theirs now) becomes too expensive to run (lol at the billions of difficulty it would have to be at current prices).

I figured I would give you the benefit of the doubt on educating you but it looks like you have made up your mind on ignorance so as I said before continue on your way.
sr. member
Activity: 330
Merit: 250
Weekly Update 12/18/13


Crypto-Trade:

I have all of the legal issues worked out, and I am programming them into the verification site.

VMC:

We are working with eASIC and our engineers to get our chip and boards in full production.

We have stock piled all the hardware to build the miners and we are per-assembling the miners.

Quoting this again so you people don't forget.

This is Bullish as fuck

LOL.

You all have been eating too many strange mushrooms.

There is nothing bullish about a promise of inefficient silicon coming someday, when 2 28 nm suppliers are showing pictures of their 30x faster hardware and promising shipment within days.

I thought you kids were delusional back in May.  Now it's just getting to be sad.

I'm just happy you can't do math or understand the basic fundamental principals of having hardware at cost.

Proceed to being ignorant!

Please Mr. Math Wizard edumacate me!

Show me the fantastic cost advantage you will have some day.  Remember to account for:
1.  The vastly lower silicon density of an easic
2.  Easic's markup of silicon costs to AMC
3.  The much higher power consumption of easic, which leads to higher costs for facilities, cooling and operations
4.  The cost of boards, cases and power supplies for chips that are 30x slower than Hashfast and CoinTerra

I did the math back in April.  Hardware at cost does nothing for you when cost is greater than retail pricing for a real 28 nm.

Then why are you here?
Why spend time in this thread if you are not invested/do not plan on investing?
I don't buy it when people say they are here to tell me I have done a bad investment and they have nothing to gain in spending time informing me about it.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Weekly Update 12/18/13


Crypto-Trade:

I have all of the legal issues worked out, and I am programming them into the verification site.

VMC:

We are working with eASIC and our engineers to get our chip and boards in full production.

We have stock piled all the hardware to build the miners and we are per-assembling the miners.

Quoting this again so you people don't forget.

This is Bullish as fuck

LOL.

You all have been eating too many strange mushrooms.

There is nothing bullish about a promise of inefficient silicon coming someday, when 2 28 nm suppliers are showing pictures of their 30x faster hardware and promising shipment within days.

I thought you kids were delusional back in May.  Now it's just getting to be sad.

I'm just happy you can't do math or understand the basic fundamental principals of having hardware at cost.

Proceed to being ignorant!
legendary
Activity: 1218
Merit: 1000
Weekly Update 12/18/13


Crypto-Trade:

I have all of the legal issues worked out, and I am programming them into the verification site.

VMC:

We are working with eASIC and our engineers to get our chip and boards in full production.

We have stock piled all the hardware to build the miners and we are per-assembling the miners.

Quoting this again so you people don't forget.

This is Bullish as fuck
hero member
Activity: 602
Merit: 500
Is eAsic really letting active down or it's something else
sr. member
Activity: 392
Merit: 250
How about the car?  you never touched that..  Roll Eyes
sr. member
Activity: 392
Merit: 250
Add  the portals to the obama picture please.
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