Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 81. (Read 771280 times)

Well just as well I PM'd Ken on your behalf.

Probably, Ken didn't do the calculations before buying this IP.

FIFY...



in order to get an idea of the kind of money to be made from chip sales (projected to be $40 mil this year), here's some research I did on the direct chip selling from ActM competitors (which currently have working chips and products they are selling and delivering).  Avalon has been selling their 55nm chips for quite some time now.  they currently sell for 15BTC for a reel of 2500 (http://avalon-asics.com/).  that's 0.006BTC/chip.  their chip is rated at "1.5-1.6 GH/s at 1.0V with 2.5W per GHs" (on the high side of 55nm chips).  that's currently $5/chip, so $3.33/Gh.  Bitmain also started selling their 55nm chip in December (same chip they use in their 180Gh/s Antminers) which is rated anywhere from 1.6Gh/s at 1.07W all the way to 3.2Gh/s at 5.2W (https://bitcointalksearch.org/topic/bitmains-bm1380-chip-is-open-for-ordering-10000-chips-for-999btc-36btcth-364236).  they were selling 10000 chips for 100BTC, which is 0.01BTC/chip, which is $8/chip or $2.50/Gh.  I'm sure the prices are going to come down soon (if they havent already), or possibly they will just be replacing it with their new 28nm chips soon.  if ActM had chips available to sell and deliver now the prices would have to be somewhere in the same range that Avalon is selling their slower chips - around $5/chip or 0.0058BTC/chip for bulk sales.  in order to sell $40 mil of these chips it would take 8 million chips @ $5/chip (remember that in just 3 days this chip is technically worth ~25% less due to difficulty change, and therefore could/should technically sell for less).

So my 1st question is what price can ActM mass sell these 1.9Gh chips and still be profitable?  of course that will be speculation now because we cannot be certain what the value of bitcoin will be when the chips are released, but we still need to know projections at current bitcoin prices with adjustments for difficulty changes for when the chips are expected to be available for sale.

2nd question, and probably more important, when will the datasheet/reference design be available for those would would buy the chips to make use of them?  will this be done in time to allow timely manufacturing of boards for these massive projected chip sales?

And that shareholders is how you get the CEO to engage with you.  

I've been here long enough to realise that Ken doesn't give a fuck about what shareholders think

Knowing Ken, IF he answers then he will answer with one line with no detailed breakdown, or assumptions, or anything to prove he hasn't just pulled the figure out of his ass...