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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1035. (Read 3917058 times)

legendary
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legendary
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These usb 3.0 hubs arent cheap either... i wonder what turnaround time all the costs will have.
hero member
Activity: 924
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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
sr. member
Activity: 364
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Why would ASICMINER care about the share price? Tongue

Well, they might not benefit directly from the share price, but it's a valuation of their company.
But a good website wouldn't just increase the share values only, it would probably also increase their sales and profits.
sr. member
Activity: 322
Merit: 252
If AM launch website, I am 100% sure about shares price skyrocketing. Because nowadays AM is not user friendly, and really hard to find/follow the news for no real bitcoin freaks.

Why would ASICMINER care about the share price? Tongue

I'd rather see them putting up some more TH/s or selling some blades (with or without a site)
then putting effort in things to only 'boost the share price'..


I'm not saying they don't need a website (because that will probably boost the sales a bit) but just not to raise the share price
sr. member
Activity: 364
Merit: 250
If AM launch website, I am 100% sure about shares price skyrocketing. Because nowadays AM is not user friendly, and really hard to find/follow the news for no real bitcoin freaks.
Yes, the first time I've read about Asicminer shares, I tried to read into this, but the scattered data in 300+ pages scared me away.
legendary
Activity: 1190
Merit: 1001
If AM launch website, I am 100% sure about shares price skyrocketing. Because nowadays AM is not user friendly, and really hard to find/follow the news for no real bitcoin freaks.
sr. member
Activity: 322
Merit: 252
I noticed in the blockchain the AM is getting around 2 blocks an hour
It's just variance.

Also, http://www.asicminercharts.com and http://runeks.dk/bitcoin/

Maybe.. but the 36h or 3 days averages are climbing slowly
And after all it are the found blocks that count, not the predicted hashrate Tongue

I think maybe the first posted pictures, and the 300-t0-50 limit of the USB Block Erupter 'll give the sales a little boost Smiley

hero member
Activity: 546
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I noticed in the blockchain the AM is getting around 2 blocks an hour, that is around  1200 BTC/day or 8400 BTC in a week, the dividend last paid is  571 BTC.

571 just for one passthrough - asicminer is more than just one passthrough, there are other shareholders (sadly) Wink
hero member
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I noticed in the blockchain the AM is getting around 2 blocks an hour, that is around  1200 BTC/day or 8400 BTC in a week, the dividend last paid is  571 BTC.

Do you think this week is much higher?

BTC_BTC
sr. member
Activity: 378
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I noticed in the blockchain the AM is getting around 2 blocks an hour, that is around  1200 BTC/day or 8400 BTC in a week, the dividend last paid is  571 BTC.

Do you think this week is much higher?
It's just variance.

Also, http://www.asicminercharts.com and http://runeks.dk/bitcoin/
AM reached 29.47th/s  !!new record high!!!
sr. member
Activity: 330
Merit: 250
I noticed in the blockchain the AM is getting around 2 blocks an hour, that is around  1200 BTC/day or 8400 BTC in a week, the dividend last paid is  571 BTC.

Do you think this week is much higher?
It's just variance.

Also, http://www.asicminercharts.com and http://runeks.dk/bitcoin/
legendary
Activity: 1022
Merit: 1000
I noticed in the blockchain the AM is getting around 2 blocks an hour, that is around  1200 BTC/day or 8400 BTC in a week, the dividend last paid is  571 BTC.

Do you think this week is much higher?
legendary
Activity: 1064
Merit: 1000
More visibility may attract more costumers, but can Friedcat meet the demand and still keep up the good work he has been doing ?

If internet is a mean of speeding up things, I think it would sound bad launching one website and then having to put something like: sold out, or pre-order, or anything that may impede costumers from buying and getting what they want.

I like the way it is because rewards people that took an effort to be more informed and aware of bitcoins. Why make easy life for irrational buyers that wont dig deep for an opportunity?
legendary
Activity: 1176
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Everyone should pick one's niche.

ASICMINER mines and ships mining hardware.

Most other companies in ASIC-mining (hardware) make fancy websites.

Which focus point do you prefer?

I agree, but I also think AM could be vastly more profitable if they had a sales channel outside of this forum. Look how BFL rake in the orders even though they have produced virtually nothing and have pissed-off customers publicly contemplating legal action.

AM don't have to run the channel themselves; they can partner with someone else with experience as a reseller to do it for them.
full member
Activity: 141
Merit: 100
Everyone should pick one's niche.

ASICMINER mines and ships mining hardware.

Most other companies in ASIC-mining (hardware) make fancy websites.

Which focus point do you prefer?
newbie
Activity: 21
Merit: 0
People have been asking for a website for months.

Has FriedCat ever replied something about that ?

It might not have been directly about a website, but I recall FC saying some words suggesting that AM leaves opportunity for distributors to make any kind of service they want to. In other words, AM doesn't need a website, but if you want to but wholesale, and sell retail, go for it. Make your own website, sell their boards, etc.

Or maybe I'm making this up...

I think a retail channel would be a good idea as it would free Bitfountain from the hassle of dealing with hundreds of retail buyers. Surely if there is stock on hand or stock committed to be produced now is the time to start shipping it, not in three months when its value has fallen by 2/3rds. Also better to sell stock in bulk than have to worry about deploying it to the farm with its attendant admin and operations costs.

There are risks involved in being a reseller of any mining product in an era where generations of tech are measured in months - you don't want stock sitting in your warehouse for more than a couple of weeks, tops. The blades are currently priced at a premium as well, which would make it hard to make a margin on top of that. Perhaps the distribution channel should get blades at say BTC25 each in volume and then be looking to sell them to retail customers for BTC35 each (still a good business when each blade only costs about BTC1 to manufacture). AM would sell an absolute boatload of blades and would have a bulging war chest to pay for the next generation of hardware.

I agree the price for blades and usb eruptors are too high for re-sellers, yes they are going for $400+ on ebay but thats only because of how hard they are to buy at the moment and how hard btc is to get. If you are only selling in bulk you need to price it accordingly to make it financially viable for your re-sellers.
I still think they need a website for info, when you google bitcoin asics you get bfl's website first then some forums posts a few wiki entries and thats it. Heres a perfect example of why there needs to be a website.
http://www.reddit.com/r/Bitcoin/comments/1fg1m4/looking_to_buy_a_bitcoin_miner/
If there was a website on what products were available, specs, how to use them, how to order, maybe a list of re-sellers for people that only wanted one. Then this type of thing wouldnt happen. Especially for the blades, they are so bare bones they need support documentation easily available.
I wouldn't be surprised if half the share holders didn't even know asicminer sold hardware until the release of the usb miners.
I just find it daft that a company that has potentially millions of dollars going through its hands doesn't have a website and depends on a community website to make sales and provide support. 
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