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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1112. (Read 3917568 times)

g83
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Super Smash Bros. Ultimate Available Now!
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
hero member
Activity: 518
Merit: 500
BFL started shipping ?

BFL shipped roughly 50 units and then nothing, afaik.
g83
sr. member
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Super Smash Bros. Ultimate Available Now!
BFL started shipping ?
legendary
Activity: 1946
Merit: 1035
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.

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)
hero member
Activity: 602
Merit: 500
The 3rd auction has ended Smiley

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 Smiley

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
legendary
Activity: 2674
Merit: 1083
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The 3rd auction has ended Smiley

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 Smiley

Or raise the quantity to more units... its not easy to find out the best performing price...
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
The 3rd auction has ended Smiley

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 Smiley
sr. member
Activity: 322
Merit: 252
The 3rd auction has ended Smiley

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
sr. member
Activity: 406
Merit: 250
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
legendary
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Just a pet peeve here:
It is either "having an effect on mining" or "affecting mining".

Your quiet wright.  Wink
donator
Activity: 714
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Preaching the gospel of Satoshi

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".
newbie
Activity: 51
Merit: 0

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.
legendary
Activity: 1176
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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.
legendary
Activity: 1778
Merit: 1008

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

It simply takes 90% of the mined coins for the previous 7 days and divides it by the number of shares. 90% is an estimate, and it doesn't include any equipment auctions or sales.

very interesting.
sr. member
Activity: 800
Merit: 250

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

It simply takes 90% of the mined coins for the previous 7 days and divides it by the number of shares. 90% is an estimate, and it doesn't include any equipment auctions or sales.
legendary
Activity: 1778
Merit: 1008

nice. is that dividend projection accurate? looks it. i'm just surprised. .014 next week predicted, and it's saturday.
sr. member
Activity: 800
Merit: 250
legendary
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CryptoTalk.Org - Get Paid for every Post!
I think it's dangerous to spend too much time worrying about trying to eliminate the competition. The competition will always be there, anyone with some VC can start an ASIC company tomorrow.

I think AM are best served by focusing on what they do well and leveraging their competitive advantages:

  • proven IC design capability
  • low cost of manufacture
  • rapid deployment
  • operational excellence
  • low cost of operation
  • guaranteed delivery

Trying to destroy BFL would divert AM from leveraging those advantages. BFL are primarily a marketing company trying to be an engineering company. AM are *the* outstanding engineering company in ASICs. I think if they stick to their knitting the likes of BFL will implode trying to keep up.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
I think the Erupter Blades are probably fairly priced (they sell well enough) but at 50BTC they're beyond the reach of most people.

I think the slower-than-expected growth in the network hash rate has forced AM to adjust their strategy slightly. They have more stock than they need and they can get very good prices for it; so I expect more auctions (not constant, but at a steady rate) until the competition actually shows up.

They may need to adjust the price slowly downwards over time but at current prices (2500BTC per auction) a few of these will line the coffers nicely to fund any strategy they deem necessary.

i would not mind a 10 btc price for about 3GH/S. IF i buy 5 sticks i get half that hash. I want to upgrade from the gpu farm  but at a price that makes sense.

I second this, I'll buy these all day if they were cheaper, would love to see 6-10gh/s  for 10btc, for less than 3btc bfl has the jalapeno.  Seriously asicminer has a chance here to put BFL out of business
Nah, friedcat is having problems selling to the demand at 49.99 BTC each for the 10~ GH blades now.  Smiley No sense selling them lower for the decreased profit.
I respect this statement, maybe plan on something you can sell in mass that is more affordable to the average Joe eventually only if the costs to produce them are dirt cheap, asics will get much cheaper 3 Mo from now

   I am pinning my hopes on this.  My gpus hash 10Gh/s at a 40 usd  a day profit.  even if it dwindles to 10 a day in the next 3 months.  I am better off waiting for a better asic deal.
sr. member
Activity: 266
Merit: 250
I think the Erupter Blades are probably fairly priced (they sell well enough) but at 50BTC they're beyond the reach of most people.

I think the slower-than-expected growth in the network hash rate has forced AM to adjust their strategy slightly. They have more stock than they need and they can get very good prices for it; so I expect more auctions (not constant, but at a steady rate) until the competition actually shows up.

They may need to adjust the price slowly downwards over time but at current prices (2500BTC per auction) a few of these will line the coffers nicely to fund any strategy they deem necessary.

i would not mind a 10 btc price for about 3GH/S. IF i buy 5 sticks i get half that hash. I want to upgrade from the gpu farm  but at a price that makes sense.

I second this, I'll buy these all day if they were cheaper, would love to see 6-10gh/s  for 10btc, for less than 3btc bfl has the jalapeno.  Seriously asicminer has a chance here to put BFL out of business
Nah, friedcat is having problems selling to the demand at 49.99 BTC each for the 10~ GH blades now.  Smiley No sense selling them lower for the decreased profit.
I respect this statement, maybe plan on something you can sell in mass that is more affordable to the average Joe eventually only if the costs to produce them are dirt cheap, asics will get much cheaper 3 Mo from now
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