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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1132. (Read 3917058 times)

hero member
Activity: 518
Merit: 500
ASICMINER won't consider changing anything unless the USBs aren't selling well as-is. Just wait it out if you aren't happy with the current offering, AM knows what to do.
sr. member
Activity: 476
Merit: 250
You guys know what would be interesting for handling a bit of sales volume in the future?

BitPay, with fulfillment by Amazon: https://bitpay.com/amazon

First of all, it would relieve ASICMINER of some logistics while still getting products out en masse. Second, it would reach a wide audience. Thirdly, it would create some extremely positive press for everyone involved: ASICMINER, BitPay, Bitcoin and Amazon.

Anyway, just an idea - but quite an enticing thought, right?

Edit: http://services.amazon.com/fulfillment-by-amazon/benefits.htm
Could we do this with the USB miners?  Then, we could remove the 300 unit minimum.

The #1 complaint about those units has been the price.  #2 is the 300 unit minimum. 

Take the pressure off of one or the other f those issues and you could sell out pretty damn fast.
legendary
Activity: 1778
Merit: 1008
You guys know what would be interesting for handling a bit of sales volume in the future?

BitPay, with fulfillment by Amazon: https://bitpay.com/amazon

First of all, it would relieve ASICMINER of some logistics while still getting products out en masse. Second, it would reach a wide audience. Thirdly, it would create some extremely positive press for everyone involved: ASICMINER, BitPay, Bitcoin and Amazon.

Anyway, just an idea - but quite an enticing thought, right?

i think it's absolutely worth looking at.
sr. member
Activity: 362
Merit: 250
You guys know what would be interesting for handling a bit of sales volume in the future?

BitPay, with fulfillment by Amazon: https://bitpay.com/amazon

First of all, it would relieve ASICMINER of some logistics while still getting products out en masse. Second, it would reach a wide audience. Thirdly, it would create some extremely positive press for everyone involved: ASICMINER, BitPay, Bitcoin and Amazon.

Anyway, just an idea - but quite an enticing thought, right?

Edit: http://services.amazon.com/fulfillment-by-amazon/benefits.htm
sr. member
Activity: 476
Merit: 250
Maybe they're trying to snap up more shares discreetly and don't want to 'disturb' the prices on PT's.  Wink

Ok, guys.  No one buy on BF until after the dividends on Weds and after payday next week so that I can still get the cheap shares, plz.  Grin
legendary
Activity: 1288
Merit: 1227
Away on an extended break
It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

I don't know why anyone would buy in the auctions for 1.4+, when they can get them for 1.2 or less in the PTs.  You can buy 100+shares on BF for an average price of about 1.2.  Is having direct shares really worth .1-.3 btc per share?

I find it strange that buyers don't go for the PTs vs the auctions.  Saving 20-30 btc on 100 shares is a big deal to me (I don't have that many btc...)

Maybe it's just me, but with the hashrate increasing + the USB miners, I think a price of 1.2 is undervalued.  I certainly wouldn't sell for that price.  I'm hoping for a good dividend this week to buy more shares while they are cheap!

Maybe they're trying to snap up more shares discreetly and don't want to 'disturb' the prices on PT's.  Wink
sr. member
Activity: 476
Merit: 250
It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

I don't know why anyone would buy in the auctions for 1.4+, when they can get them for 1.2 or less in the PTs.  You can buy 100+shares on BF for an average price of about 1.2.  Is having direct shares really worth .1-.3 btc per share?

I find it strange that buyers don't go for the PTs vs the auctions.  Saving 20-30 btc on 100 shares is a big deal to me (I don't have that many btc...)

Maybe it's just me, but with the hashrate increasing + the USB miners, I think a price of 1.2 is undervalued.  I certainly wouldn't sell for that price.  I'm hoping for a good dividend this week to buy more shares while they are cheap!
donator
Activity: 1064
Merit: 1000
why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry
You can withdraw to "direct" shares, from the PT to your own account with FriedCat Smiley
//DeaDTerra

250 shares aren't really newbie friendly.  Tongue
It is not a hard limit, the only reason it exists is to keep the work load on Friedcat low.
//DeaDTerra
legendary
Activity: 1288
Merit: 1227
Away on an extended break
why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry
You can withdraw to "direct" shares, from the PT to your own account with FriedCat Smiley
//DeaDTerra

250 shares aren't really newbie friendly.  Tongue
donator
Activity: 1064
Merit: 1000
why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry
You can withdraw to "direct" shares, from the PT to your own account with FriedCat Smiley
//DeaDTerra
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry
legendary
Activity: 1288
Merit: 1227
Away on an extended break
why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.
sr. member
Activity: 476
Merit: 250
why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
So we have 2.8Th on bitminter and 14.4Th on BTC Guild what is the third spot? OZcoin?

 our name is :


realasicminer on bitminter    link to hash http://bitminter.com/livestats/big

      67117 on btcguild  link to hash   http://www.btcguild.com/index.php?page=rankings


 ?? on ozcoin


http://www.ozco.in/content/user-top-20    are we anonymous?  and if we are which one ?  the 1.2Th? the .4Th?

There are  5 or 6 with that name.

 Note to ozco you should not allow the same name.  at least do anonymous 1  anonymous 2 etc   .  So for sure we are 17.2Th out of

73.0Th   puts asic miner squarely as the master of bit coin.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
[...]
Actually, I don't want there to be a single winner either, even though I have a small number of AM shares. I hope Avalon and some others will stick around. Avalon have batch 2 & 3 orders for 84TH so they're going to be players in the short to medium term, plus a lot of chips they've taken orders for.

I think AM are smart enough to either sell some of their hardware to customers to spread the hashrate around or not deploy it all too quickly to kill off the competition.

Don't forget the 100TH-mine project: if their chips work as expected they will have the largest margin (both in terms of H/$ and H/W) of all this summer. They are ambitious but they have competent people (BitFury, tytus, Dave).

Thanks for the info!

I'm sure the free market will continue to reward the fit and punish everyone else. If AM continue to have success they will attract competition.
hero member
Activity: 896
Merit: 1000
[...]
Actually, I don't want there to be a single winner either, even though I have a small number of AM shares. I hope Avalon and some others will stick around. Avalon have batch 2 & 3 orders for 84TH so they're going to be players in the short to medium term, plus a lot of chips they've taken orders for.

I think AM are smart enough to either sell some of their hardware to customers to spread the hashrate around or not deploy it all too quickly to kill off the competition.

Don't forget the 100TH-mine project: if their chips work as expected they will have the largest margin (both in terms of H/$ and H/W) of all this summer. They are ambitious but they have competent people (BitFury, tytus, Dave).
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
I also was thinking that barring a miracle BFL will fall over in the next few months. Even if they do start to ship for real they appear to be so far behind AM in terms of marginal cost of production and ability to deliver that they'll fall further behind until they die. When the wider world realizes BFL lost they'll start casting about looking for the winner.

Sounds like a world where one "winner" controls everything. That's a world where Bitcoin is dead. I hope you're wrong.

Actually, I don't want there to be a single winner either, even though I have a small number of AM shares. I hope Avalon and some others will stick around. Avalon have batch 2 & 3 orders for 84TH so they're going to be players in the short to medium term, plus a lot of chips they've taken orders for.

I think AM are smart enough to either sell some of their hardware to customers to spread the hashrate around or not deploy it all too quickly to kill off the competition.
legendary
Activity: 2730
Merit: 1034
Needs more jiggawatts
I also was thinking that barring a miracle BFL will fall over in the next few months. Even if they do start to ship for real they appear to be so far behind AM in terms of marginal cost of production and ability to deliver that they'll fall further behind until they die. When the wider world realizes BFL lost they'll start casting about looking for the winner.

Sounds like a world where one "winner" controls everything. That's a world where Bitcoin is dead. I hope you're wrong.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
Yes, ASICMINER won't remain obscure for much longer, regardless of what any individual wishes.

I also was thinking that barring a miracle BFL will fall over in the next few months. Even if they do start to ship for real they appear to be so far behind AM in terms of marginal cost of production and ability to deliver that they'll fall further behind until they die. When the wider world realizes BFL lost they'll start casting about looking for the winner.
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