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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1034. (Read 3917568 times)

member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions

well, this is also correct, i guess nobody will take up on the offer.
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions

2500 -> 2000 == 2.5 -> 2, For 2.5*1000 shares.
hero member
Activity: 656
Merit: 500
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions
sr. member
Activity: 362
Merit: 250
What blades are you talking about?

It should work out approximately the same for both the Block Erupter Blade and the USB miner, since I imagine power consumption is approximately the same...
member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.
legendary
Activity: 1148
Merit: 1001
Just wanted to share a short calculation I made that put some things into perspective.

I asked myself the question: until when will these blades continue to be profitable to mine with?

And the answer is surprising*: The marginal cost to produce one BTC with ASICMINER hardware is currently 0.435 USD.

At the current price of ~130 USD/BTC, it continues to be profitable to mine with this until the total network hash rate reaches around 30 peta-hashes per second - or to put it differently, until network hash rate has grown by a factor of around 250.

TL;DR - "prev-gen" (130 nm) hardware to continue to be profitable for a long time!


* Assumptions: 0.10 USD/kWh power costs, and assume away all fixed costs (hardware costs, operation, space rental, etc.), that is, focus on the marginal cost.

What blades are you talking about?
sr. member
Activity: 362
Merit: 250
Just wanted to share a short calculation I made that put some things into perspective.

I asked myself the question: until when will these blades continue to be profitable to mine with?

And the answer is surprising*: The marginal cost to produce one BTC with ASICMINER hardware is currently 0.435 USD.

At the current price of ~130 USD/BTC, it continues to be profitable to mine with this until the total network hash rate reaches around 30 peta-hashes per second - or to put it differently, until network hash rate has grown by a factor of around 250.

TL;DR - "prev-gen" (130 nm) hardware to continue to be profitable for a long time!


* Assumptions: 0.10 USD/kWh power costs, and assume away all fixed costs (hardware costs, operation, space rental, etc.), that is, focus on the marginal cost.
legendary
Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?
sr. member
Activity: 360
Merit: 250
WOW

thats only ~ 800 BTC/unit
member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.
hero member
Activity: 602
Merit: 500
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for? Smiley
member
Activity: 85
Merit: 10
I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile

These usb 3.0 hubs arent cheap either... i wonder what turnaround time all the costs will have.



Might happen...Smiley At least its a good advertising...
hero member
Activity: 491
Merit: 500
A bit less than 1 hour left till the end of my auction of 33 direct shares (in case somebody is interested). Smiley

https://bitcointalksearch.org/topic/auction-asicminer-33-direct-shares-220493
legendary
Activity: 1148
Merit: 1001
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile

These usb 3.0 hubs arent cheap either... i wonder what turnaround time all the costs will have.
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto

I would like to buy one line of them for novelty and sentimental reasons in the future. Just mine the heck out of them now and whenever they don't really worth anything. Offer me them at a reasonable price. I would get them off you. (Far future)
sr. member
Activity: 305
Merit: 250
Does anyone know if bitfountain sold any of their shares since the IPO? Just asking out of curiosity

From First Post
Quote
Currently ASICMINER shareholders holds 163,962 shares, while Bitfountain shareholders holds 236,038 shares

Friedcat has made no announcement/post saying that these values have changed.
newbie
Activity: 34
Merit: 0
Does anyone know if bitfountain sold any of their shares since the IPO? Just asking out of curiosity
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