Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1112. (Read 3917058 times)

Quote from: SebastianJu on May 12, 2013, 11:27:06 AM

Quote from: ineededausername on May 12, 2013, 11:11:14 AM

The 3rd auction has ended

The 50 available blades were sold in less than 2 hours Tongue

130 blades 'pending' _{(It depends on Friedcat if the blades will be sold, and/or if the price will BTC49.99 then)}

Looks to me like we oughta raise the price to 60 BTC

Or raise the quantity to more units... its not easy to find out the best performing price...

better to raise the price and NOT the quantity!! do you not know economics 101? so far AM is the only one hence has monopoly power .. so yes he should sell it at a price that market will bear not give it away for cheap

matt4054 is right... its the profit that comes out at the end. So selling some units for a big price will lead to high profit. But it might be that for a lower price you will sell 100% more units. If you not dropped the profit per unit by half you will have more money earned at the end. Thats why its hard to find the best price.
Of course Asicminer has another var to check... AM wants to mine themselfe and dont want to sell too much so that it hurts their own mining revenue.

or sell too little asicminer does not want to hash above 30% ( your number to pick. my guess is 30%) of the network. right now they have to balance sales to miners, AM hashrate and network hashrate.

No one needs to kill the goose. The golden eggs can be dolled out at a good rate of speed.

I have no complaints about them selling gear.

I just have my own situation of a 10GH/s GPU farm that I can expand to 12GH/s at a lower rate then adding usb sticks or springing for a blade.

If I wanted to go to more then 12GH/s it would not make sense to buy usb sticks until I purchased 15 sticks or so. So I am venting a bit.

SebastianJu

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Quote from: SebastianJu on May 12, 2013, 11:27:06 AM

Quote from: ineededausername on May 12, 2013, 11:11:14 AM

Quote from: g83 on May 12, 2013, 12:11:09 PM

The 3rd auction has ended

The 50 available blades were sold in less than 2 hours Tongue

130 blades 'pending' _{(It depends on Friedcat if the blades will be sold, and/or if the price will BTC49.99 then)}

Looks to me like we oughta raise the price to 60 BTC

Or raise the quantity to more units... its not easy to find out the best performing price...

better to raise the price and NOT the quantity!! do you not know economics 101? so far AM is the only one hence has monopoly power .. so yes he should sell it at a price that market will bear not give it away for cheap

matt4054 is right... its the profit that comes out at the end. So selling some units for a big price will lead to high profit. But it might be that for a lower price you will sell 100% more units. If you not dropped the profit per unit by half you will have more money earned at the end. Thats why its hard to find the best price.
Of course Asicminer has another var to check... AM wants to mine themselfe and dont want to sell too much so that it hurts their own mining revenue.

g83

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50 units out of more than 20000 orders... can't tell they're shipping... still sayin' next week we will... since more than a year

ThickAsThieves

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BFL started shipping ?

BFL shipped roughly 50 units and then nothing, afaik.

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BFL started shipping ?

matt4054

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better to raise the price and NOT the quantity!! do you not know economics 101?

Check economics 102 for the difference between revenue and profit margin :-)
You want to maximise the profits, and adjust your profit margin AND production volume accordingly.
In other words, optimise supply and demand.

Quote from: SebastianJu on May 12, 2013, 11:27:06 AM

so far AM is the only one hence has monopoly power .. so yes he should sell it at a price that market will bear not give it away for cheap

What about other ASIC manufacturers? AVALON? Even BFL started shipping (yes, they have one year backlog but anyway)

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Quote from: ineededausername on May 12, 2013, 11:11:14 AM

Quote from: ineededausername on May 12, 2013, 11:11:14 AM

The 3rd auction has ended

The 50 available blades were sold in less than 2 hours Tongue

130 blades 'pending' _{(It depends on Friedcat if the blades will be sold, and/or if the price will BTC49.99 then)}

Looks to me like we oughta raise the price to 60 BTC

Or raise the quantity to more units... its not easy to find out the best performing price...

better to raise the price and NOT the quantity!! do you not know economics 101? so far AM is the only one hence has monopoly power .. so yes he should sell it at a price that market will bear not give it away for cheap

SebastianJu

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Activity: 2674

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Legendary Escrow Service - Tip Jar in Profile

The 3rd auction has ended

The 50 available blades were sold in less than 2 hours Tongue

130 blades 'pending' _{(It depends on Friedcat if the blades will be sold, and/or if the price will BTC49.99 then)}

Looks to me like we oughta raise the price to 60 BTC

Or raise the quantity to more units... its not easy to find out the best performing price...

ineededausername

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Quote from: stripykitteh on May 12, 2013, 03:00:23 AM

The 3rd auction has ended

The 50 available blades were sold in less than 2 hours Tongue

130 blades 'pending' _{(It depends on Friedcat if the blades will be sold, and/or if the price will BTC49.99 then)}

Looks to me like we oughta raise the price to 60 BTC

SmiGueL

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The 3rd auction has ended

The 50 available blades were sold in less than 2 hours Tongue

130 blades 'pending' _{(It depends on Friedcat if the blades will be sold, and/or if the price will BTC49.99 then)}

@ reply below:
indeedineededausername Wink

JimiQ84

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Quote from: bitsalame on May 12, 2013, 01:12:23 AM

Just a pet peeve here:
It is either "having an effect on mining" or "affecting mining".

Your quiet wright. Wink

Grammar nazi inside me just died a little Cheesy

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Quote from: bitsalame on May 12, 2013, 01:12:23 AM

Just a pet peeve here:
It is either "having an effect on mining" or "affecting mining".

Your quiet wright. Wink

bitsalame

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Preaching the gospel of Satoshi

Quote from: stripykitteh on May 11, 2013, 11:17:51 PM

Quote from: stripykitteh on May 11, 2013, 11:17:51 PM

http://deepfriedcat.com/

Enjoy. Grin

nice. is that dividend projection accurate? looks it. i'm just surprised. .014 next week predicted, and it's saturday.

It was close last week (within 3%, though there was a systematic error in the calculation that has now been fixed). The ramping up of the hash rate is having an affect on mining earnings.

We'll have to wait and see what Friedcat decides to do with the equipment sales.

I have been grappling with a model to work out what fair value is for the shares, but it's still kicking around in my head. One interesting thing about valuing securities in BTC is that there's no discounting of future earnings due to inflation back to today to worry about. But you still need some uncertainty factor in the value of future earnings. There's still so many imponderables that I haven't got much further with it, and it's not my field of expertise anyway.

Just a pet peeve here:
It is either "having an effect on mining" or "affecting mining".

gmouse

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http://deepfriedcat.com/

Enjoy. Grin

nice. is that dividend projection accurate? looks it. i'm just surprised. .014 next week predicted, and it's saturday.

It was close last week (within 3%, though there was a systematic error in the calculation that has now been fixed). The ramping up of the hash rate is having an affect on mining earnings.

We'll have to wait and see what Friedcat decides to do with the equipment sales.

I have been grappling with a model to work out what fair value is for the shares, but it's still kicking around in my head. One interesting thing about valuing securities in BTC is that there's no discounting of future earnings due to inflation back to today to worry about. But you still need some uncertainty factor in the value of future earnings. There's still so many imponderables that I haven't got much further with it, and it's not my field of expertise anyway.

Something close to 0.02 per share next week is certainly possible with the recent hardware sales.

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Quote from: novusordo on May 11, 2013, 11:11:10 PM

http://deepfriedcat.com/

Enjoy. Grin

nice. is that dividend projection accurate? looks it. i'm just surprised. .014 next week predicted, and it's saturday.

It was close last week (within 3%, though there was a systematic error in the calculation that has now been fixed). The ramping up of the hash rate is having an affect on mining earnings.

We'll have to wait and see what Friedcat decides to do with the equipment sales.

I have been grappling with a model to work out what fair value is for the shares, but it's still kicking around in my head. One interesting thing about valuing securities in BTC is that there's no discounting of future earnings due to inflation back to today to worry about. But you still need some uncertainty factor in the value of future earnings. There's still so many imponderables that I haven't got much further with it, and it's not my field of expertise anyway.

arklan

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