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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1021. (Read 3917058 times)

legendary
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Away on an extended break
*John waits for the next block to come along....*
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www.bitcoingem.com
sr. member
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You assume that lowering the price will result in the same amount of sales. In reality lowering price usually increases sales as demand and supply match again after changes. Selling 200 blades at 30BTC is more than 100 blades at 50BTC. Another point here is better ROI for buyers, as they are more likely to buy more hardware in the future if they manage to make some BTC. At current prices it's very likely some buyers may not get back their investment which will be disappointing for them and will kill the desire to buy more hardware in the future.
But you also have to consider that the more chips you sell, the more the difficulty will rise, so there are pretty strong diminishing returns in increasing sales...


With today's hashrate even hundreds of blades won't add much difficulty. It's very uncertain what other players will bring during the summer, except maybe for Avalon chips that will start hashing in July/August. But if hash rate will go to 200-300 TH/s one Blade will be a drop in the ocean. At that point they'll have to lower the price a lot, and increase sales a lot too.
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As ASICMiner is doing so well and BFL has a few issues, why doesn't it just offer to buy Butterfly labs (the company, not their ASIC's)?
They can't do a worse job of running BFL than the current owners, and they may even be able to use Firedcat's Midas touch to make us some more money

Tongue
how much does vaporware go for these days?


How much you got??
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Bitgoblin
You assume that lowering the price will result in the same amount of sales. In reality lowering price usually increases sales as demand and supply match again after changes. Selling 200 blades at 30BTC is more than 100 blades at 50BTC. Another point here is better ROI for buyers, as they are more likely to buy more hardware in the future if they manage to make some BTC. At current prices it's very likely some buyers may not get back their investment which will be disappointing for them and will kill the desire to buy more hardware in the future.
But you also have to consider that the more chips you sell, the more the difficulty will rise, so there are pretty strong diminishing returns in increasing sales...
sr. member
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I will check back next weds. to post how bfl went from 102 jallys to ? jallys.
maybe you should wait until they've delivered enough orders to only be 1-2 months behind.  That's the point when it actually matters.


Quote
As I said I sold off 2 little single orders to get into AM. I now sold off my AM.
  Will you be buying back those pre-orders?
sr. member
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As ASICMiner is doing so well and BFL has a few issues, why doesn't it just offer to buy Butterfly labs (the company, not their ASIC's)?
They can't do a worse job of running BFL than the current owners, and they may even be able to use Firedcat's Midas touch to make us some more money

Tongue
how much does vaporware go for these days?
sr. member
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time will tell if I spotted a turning point or made a fool of myself.  
It's never foolish to realize a profit. Smiley
legendary
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'The right to privacy matters'
does anyone see people selling AM products/shares to buy BFL products?  I see people selling BFL pre-orders to buy blades and AM shares all the time...


I agree , but the worm turns.

 As I said I sold off 2 little single orders to get into AM. I now sold off my AM.  I will hold  the coins  and take a va kay from this btc world.  I will check back next weds. to post how bfl went from 102 jallys to ? jallys.

 time will tell if I spotted a turning point or made a fool of myself.  
legendary
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The delivered status was frozen for what seemed like forever well it is no longer frozen.
yeah, but the backlog is enormous.  those units were ordered last June/July.  

How can that possibly be competition for products that are ordered this week, shipped this week?

I mean, come on.  On one hand, you have products shipping that were purchased a year ago with a huge backlog of orders behind them, and on the other hand, you have products that you can get in a few days.  Which do you buy?

Price is not the only thing with mining hardware, speed of delivery is very important.  BFL can ship all the 1 yr old orders they want, but that does not compete at all with AM hardware that ships immediately.

I've been keeping my own track of BFL's order book. Even the newbs are wising up where BFL is concerned. The number of new invoices they are generating per day has been steadily declining for a while. The rolling 5-day average is now down to about 250 from a high of almost 1000 on the 10th of April:

https://docs.google.com/spreadsheet/pub?key=0AlTboxjHIfuGdFd4NEJOcVBqRHRnQkVfVWVCcnBfdVE&gid=1

I estimate that about 40% of invoices end up being paid for so they're currently only getting about 100 new orders a day, mostly 5GH/s miners. If that's their only source of cash flow they'd want to have a hefty bankroll saved if they have any new NRE coming up.
full member
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As ASICMiner is doing so well and BFL has a few issues, why doesn't it just offer to buy Butterfly labs (the company, not their ASIC's)?
They can't do a worse job of running BFL than the current owners, and they may even be able to use Firedcat's Midas touch to make us some more money

Tongue
sr. member
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"to be or not to be, that is the bitcoin"

I have some suggestions:

1 - make a public thread for the FAQ so that people know if a question has been submitted already. This also allows people to "second" a question, and to comment or take inspiration from others questions.

2 - possibly voting on the choice of questions. If it is to be monthly, and only a handful of questions, this could be a good idea to make sure the majority are happy.

3 - "yes/no" questions for areas that may be sensitive, or in order to get more information at a quicker rate without wasting friedcat's time perhaps.

4 - perhaps scouring the thread for important unanswered questions. Then again, those who asked them should still have them on their mind I guess...

If this is done, I'd like the results of voting on what questions are submitted remain confidential. That way if a question is popular but sensitive, AM can choose whether to answer it, bearing in mind that it will be released to the public.


good idea
sr. member
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does anyone see people selling AM products/shares to buy BFL products?  I see people selling BFL pre-orders to buy blades and AM shares all the time...
member
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BFL does better marketing, that is a fact.
that's true, but that is a fairly easy fix for AM. 200 btc would completely change the situation.

Agree, but seem its necessary to Fix.  Somebody who doesnt know about the blades, dont buy it
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