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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1193. (Read 3917543 times)

sr. member
Activity: 476
Merit: 250


I haven't been interested in mining since the GPU's took over, but I want one of these.  RIGHT....NOW!!
donator
Activity: 294
Merit: 250
Wow, I lol'd. With 5 bucks and a trip to RadioShack I can produce you an exact replica of whatever the heck this is. Give us picture of your supposedly "real" facility where all the supposedly "real" equipment resides. This will "surely" convince us you are for real!


Are you an idiot or joking? I can't tell.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.


D'aww.  The littlest ASIC of all.  Ain't she adorable?   Cry

Almost as cute as Tulip Bubble Goldbug ( http://imgur.com/vViVm6M )

Still hoping for something bigger, with higher profit margins and obscene consulting fees.  


100TH ASiCMiNER CHAiNFORKER assembly line
hero member
Activity: 490
Merit: 500
... it only gets better...
Wow, I lol'd. With 5 bucks and a trip to RadioShack I can produce you an exact replica of whatever the heck this is. Give us picture of your supposedly "real" facility where all the supposedly "real" equipment resides. This will "surely" convince us you are for real!
legendary
Activity: 1153
Merit: 1012
Prediction: If this thing is for real and hits the market, it'll be a huge success.

Reason: Even I'm considering a purchase here. And this means a lot.  Shocked  Grin
hero member
Activity: 504
Merit: 500
WTF???
hero member
Activity: 868
Merit: 1002
Wow. Just wow. I can't wait until you guys are shipping thousands of those.
hero member
Activity: 504
Merit: 500
WTF???
wtfvanity,
Thanks for the tip! Give me your BTC address, i will make a donation...


175K7Tm8tpXge7sw7mAGipdCqSD9j4bUx5



I actually PMed him with my donation address and he hasn't sent any coins yet.

1urMomXbDxtrBKZXptJxUJbwFa3id5ad7
hero member
Activity: 1148
Merit: 501
wtfvanity,
Thanks for the tip! Give me your BTC address, i will make a donation...


175K7Tm8tpXge7sw7mAGipdCqSD9j4bUx5

full member
Activity: 196
Merit: 100

cool looking device, I will buy one for my raspberry pi if it's somehow reasonably priced just because.
Someone with a lawyerly mind make a bet on bitbet or betsofbitco that this will ship before the first jalapenlo (a single luke unit should not counted)


full member
Activity: 177
Merit: 100
Update
Device Selling
Apart from the same boards we use for mining, we also have an adapted version of the mini boards which we used at early January for our first arrived chips that are nice as small gifts. Here is a picture of a not-yet-assembled one with 300MH/s. It can be powered by merely the USB port:



Since the most important mission of ASICMINER is the maximization of profits for shareholders and the security of the network (hashrates should be in hand of good people and decentralization has to be preserved), we will balance the ratio of kept and distributed hashrates based on our portion and the market price of devices.

Congratulations on this fantastic idea! This is so fucking smart. This small thing will redefine decentralization of the bitcoin network. I'm amazed! Because of easy shipment and production it will also be a cash cow for shareholders.

ASICMINER/bitfountain just stepped up from being a highly profitable mining company to being an asset to the whole bitcoin community as game changing hardware provider.
aTg
legendary
Activity: 1358
Merit: 1000
No matter how you say it, it seems that asic manufacturers are more inaccessible than justin bieber.
It will be possible to eventually buy asicminer chips?
Everyone is talking about contribute to the decentralization of the network but no releases absolutely nothing.
I also want to buy chips directly in large quantities, it is possible to speak about this topic?
member
Activity: 72
Merit: 10
wtfvanity,
Thanks for the tip! Give me your BTC address, i will make a donation...
hero member
Activity: 504
Merit: 500
WTF???
Friedcat,
Do you sell bare ASICS and provide the necessary files for DIY? ( for a large order....>$100K)

Friedcat,
Do you sell bare ASICS and provide the necessary files for DIY? ( for a large order....>$100K)

Asking repeatedly will help you get an answer quicker.
member
Activity: 72
Merit: 10
Friedcat,
Do you sell bare ASICS and provide the necessary files for DIY? ( for a large order....>$100K)
sr. member
Activity: 363
Merit: 250
Update

Deploying
At the same time waiting for the new place's power supply system and our second batch's assembly, we have tested the fully enclosed rack approach, which turned out to be denser and has better cooling over the devices.

The projected earliest date to start installing new hardware and releasing brand new hashrates is 22th this month. The whole deploying process will take at least two weeks, with the final hashrate decided by how much we are going to sell to consumers and how much we will keep for ourselves.

Device Selling
Apart from the same boards we use for mining, we also have an adapted version of the mini boards which we used at early January for our first arrived chips that are nice as small gifts. Here is a picture of a not-yet-assembled one with 300MH/s. It can be powered by merely the USB port:



Since the most important mission of ASICMINER is the maximization of profits for shareholders and the security of the network (hashrates should be in hand of good people and decentralization has to be preserved), we will balance the ratio of kept and distributed hashrates based on our portion and the market price of devices.

Financials and Business Plan
We are always aware of the openness and transparency of how we operate. We keep almost if not all the agreements, trading receipts and bank/exchange records, which could be used for restoring a full history of financial report when put in the hands of an accountant with some knowledge of Bitcoin and some of our help. Sooner or later it has to be done, and most likely it would be in the period between the next batch and later batches, during which we will expand our core team with both technical and financial people.

We will start a google-doc-based business plan for us and all board members to edit and update. I will make a stub version as a basis for extending and modifying first this week.

I'd buy one if they're under $50.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author


Really nice... i think if those are auctioned too it would allow the small users to buy a miner too. But i dont know if it really will maximize the revenue for Asicminer because it looks like way more work has to be done for one single chip. On the other hand... if the real miners are too big then only few can afford it which would lead to a lower price per GH.
I hope you find a balanced result. Smiley

I hope thats not going to be the only one you're selling. I'd like to buy one of the full scale boards you've been racking. Even if I have to pay all 36 BTC I have to buy one.

You await that you can buy a miner with 36BTC? What hashrate do you await for this? Or do you want to take part in a groupbuy? I think the miners wont be small so that most users wont have the money and have to go group buy route.

The large scale boards that friedcat has has something like 24 or 36 chips on them, and Bitcoin is already going to cross $100 again.
member
Activity: 72
Merit: 10
Friedcat,
Do you sell bare ASICS and provide the necessary files for DIY? ( for a large order....>$100K)
hero member
Activity: 667
Merit: 500


Really nice... i think if those are auctioned too it would allow the small users to buy a miner too. But i dont know if it really will maximize the revenue for Asicminer because it looks like way more work has to be done for one single chip. On the other hand... if the real miners are too big then only few can afford it which would lead to a lower price per GH.
I hope you find a balanced result. Smiley





Pretty sure they can get these pumped out with little to no effort of the core team.. Design is already done, looks super simple,  pretty sure there are about a million  billion  options in China to make these things en masse for cheap.
sr. member
Activity: 406
Merit: 250
I am guessing this little baby's price between 0,7 BTC and 2 BTC depending on difficulty at the time of auction.
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