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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1113. (Read 3917058 times)

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
Activity: 1176
Merit: 1001
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: 4256
Merit: 8551
'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
legendary
Activity: 1596
Merit: 1100
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.

Yep.  Huge demand means a seller's market.  Heard similar comments during Avalon's batch #3 discussion, where the price was dramatically higher than previously batches -- it nonetheless sold out.

legendary
Activity: 1288
Merit: 1227
Away on an extended break
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.
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
sr. member
Activity: 266
Merit: 250
hey guys, totally new to buying shares, anyways, I bought some passthru shares on havelock, was wondering where I can find decent charts/graphs on this stock and was also wondering your thoughts on anticipated share prices in the future and dividends.  I'd like to put more money in this stock but I feel a little lost not having proper realtime data.  How smart would it be to go all-in on this stock?  And can you correlate each 100/100 passthrough shares into a hash rate?  I saw somewhere that someone calculated each stock having a specific hash rate that increases when asicminer acquires more.  Im unsure wether to hold btc or put them all in on shares.  Please advise,
thanks
legendary
Activity: 4256
Merit: 8551
'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.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Right now no one is selling Asics except AM.

You probably miss the selling of avalon asic chips that goes on at the moment. There are a good chunk of developers (see my sig-link) that want to create miners out of the chips. So practically there are miners to buy now besides asicminer miners.
I guess the number of developers will rise once the avalon reference design is fully open and some people will sell the parts to create this, will assemble it for others or pay companies to create the miners with the avalon chips.
Only saying...

I can add 4 more hd7790's = 1200Mh/s at a cost of 500 usd.  Ship time 1 day setup time 1 hour.  at today hashrates the payoff in 100 days.  I am in a funny spot since I have so many pc's gpus in position  working as I type. I used first gpu to buy 2 then 3 then 4 then 5.  always sold my coins quick. No complaints I am ahead a few thousand usd. I have a lot of pc's and gpus.  I have some asicminer stock. I don't hold coins I sell them. So when avalon had the first sale I did not have enough coins. BFL just built the chips showed photos and I ordered 1600 in gear from them. waste of time.  SO I grabbed some asic miner stock.

   I had a  big gpu farm 15 Gh/s so I sold off a lot of hd7970's and replaced them with hd7790's why?

  For a  certain profit and under 36 hours to setup. Hd7790's are better if you have 3 or 4 card boards.  I wanted to get some bfl gear as the price points were nice but that turned into  a waste of time.

 As much as I would like to get usb sticks. Not at    at 2 btc for 300Mh/s   or 220usd for  300mh/s

I can get 600 mh/s for  260 usd  if I buy 2x hd7790's.  Now after 4x hd7790's this is no longer true as I will not have any more slots to fill on my gpu setups.

I am a bit frustrated at asic pricing as I see them all  a little overpriced  they are more expensive  then adding gpus. Or worse the well priced ones from bfl never get delivered.

 I think I will run the gpu farms and just buy more asicminer stock.  AS a developer or builder I get that you want a profit.  As a miner so do I .  

Now for me buying a usb stick at 1.25 BTC would make it money sound move.   I think I will hoard some coins this week and buy sticks at an auction. OR buy more asicminer stock.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
In that case you might also want to look at the speculation and alt-currency boards.

Thanks, I might do so!

BTW, why do you have a photo of me as your avatar?

Lol, do we look alike? Because that's me.
(or maybe is this some sort of joke? mmmh...)


No, that was my cousin's wedding in 2009.

well this isn't creepy at all.


haha yep that's a weird one...

Sorry Lohoris - totally looks like this photo of me at my cousins wedding, but now I compare the two it's not.

So, how long have you been working as my doppelganger? Smiley
donator
Activity: 980
Merit: 1000
Right now no one is selling Asics except AM.

You probably miss the selling of avalon asic chips that goes on at the moment. There are a good chunk of developers (see my sig-link) that want to create miners out of the chips. So practically there are miners to buy now besides asicminer miners.
I guess the number of developers will rise once the avalon reference design is fully open and some people will sell the parts to create this, will assemble it for others or pay companies to create the miners with the avalon chips.
Only saying...

These will take a while to get done, and we're expecting exponential difficulty growing rates to continue for a while.

Time is key. AM is expected to ship very soon as they have always done.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Right now no one is selling Asics except AM.

You probably miss the selling of avalon asic chips that goes on at the moment. There are a good chunk of developers (see my sig-link) that want to create miners out of the chips. So practically there are miners to buy now besides asicminer miners.
I guess the number of developers will rise once the avalon reference design is fully open and some people will sell the parts to create this, will assemble it for others or pay companies to create the miners with the avalon chips.
Only saying...
full member
Activity: 125
Merit: 100
This is random, but since ASICMINER is selling boards now, any word on when board members will be receiving the mining hardware perk? Or has that offer been rescinded?
sr. member
Activity: 476
Merit: 250
Maybe they are sold out, who knows?
yeah, I think they have a few to go, but that's just me guessing.  I don't know that it is a terrible thing if they sell slowly, as long as it is consistent and steady.  It kinda spreads out the profit.

But, ultimately, you want the buyers to be very happy with what they have and what they are buying.  As long as that happens, AM will be good.
hero member
Activity: 518
Merit: 500
there is a funny spot for AM.  Right now no one is selling Asics except AM.  Avalon has been really slow BFL forget that boat it is too slow.

AM needs to help the balance of power by selling the 'right amount' of asics to single miners.  The network was projected to grow quite a bit faster but with Avalon's slowdown and BFL's crawl it is still under 100Th.  

Just think AM has 200 Th the rest of the network has 100 Th  total 300Th.  Bad case scenario. For a long plan.  So AM needs to sell just enough hash power at the right prices. As for the right price being 2 BTC for a usb stick and 50 BTC for a blade I would argue a little lower would be better.  

Maybe 1.25 BTC and 35 BTC.  Very hard to judge since I am an outsider I don't know what avalon or bfl will do.

 Also pierrejo's point is valid sales will slow and AM can lower price.
judging by how fast the blades sell and what they resell for, I think they are priced fine.

as for the USB miners, I think either the price drops or the minimum drops.  But, they won't be doing that, so we'll just have to watch how it develops.  I think if the USB were priced at 1.25 btc, they would have been sold out by now.

Maybe they are sold out, who knows?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Come on. The biggest risk is they stop buying from AM and demand decreases and AM adjusts the price down. Big whoop, div goes down a bit. Market will regulate itself.

yeah, I don't want the div to go down, though.  I prefer it when it is up.

And what you said only works when there is no competitor.  When someone else is shipping, the market adjusts by not buying your product.


 I have been looking at bfl since aug of 2012   they are a bust. I cancelled all orders with them except 2x jalapeno's.

 I used the refunds to buy asicminer stock and more hd7790 gpus.

 I hash at 10GH/s but burn so much fucking power it is sad. Still make 40USD profit each day.
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