so much speculation, bad math and elements left out.. your post is just... bad, wrong and also, you dont comprehend economy as a whole. (Sorry, this comes from reasing most of your posts in this thread....)
Sorry. But I don't feed trolls. If you have something to say please point out the why's in your sentiment. Thank you. 
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1324. (Read 3917029 times)
September 14, 2012, 08:04:40 AM
September 14, 2012, 06:04:05 AM
Even though only a very, very small investor, I would still love to hear at what stage you currently are and what the timeline for the next 2 months looks like. BFL still say that they will be shipping late october to early november, so if you manage to do go live at about the same time, that would be great news.
The real question is not who's first to the market, but who has the most sustained volume within e.g. a three month period december-februrary. The miners are competing for 25*(6*24*90) BTC = 324000 BTC which is about $3M at current exchange rates. So if ASICminer can sustain a 20% level, that's $600k profit. That's the big short term prize where part of it get handed over as dividends and other parts are used to expand the production and bootstrap the hardware selling.
I doubt that BFL can pump out huge volumes. (e.g. 50 TH per month), so 20% is still a reasonable goal.
matauc12, I suggest you help us by providing a better analysis. I would definitely appreciate it. Thanks.
September 14, 2012, 05:53:26 AM
how rude
September 14, 2012, 05:49:16 AM
Even though only a very, very small investor, I would still love to hear at what stage you currently are and what the timeline for the next 2 months looks like. BFL still say that they will be shipping late october to early november, so if you manage to do go live at about the same time, that would be great news.
The real question is not who's first to the market, but who has the most sustained volume within e.g. a three month period december-februrary. The miners are competing for 25*(6*24*90) BTC = 324000 BTC which is about $3M at current exchange rates. So if ASICminer can sustain a 20% level, that's $600k profit. That's the big short term prize where part of it get handed over as dividends and other parts are used to expand the production and bootstrap the hardware selling.
I doubt that BFL can pump out huge volumes. (e.g. 50 TH per month), so 20% is still a reasonable goal.
September 14, 2012, 04:25:45 AM
capital that trusts obviously scammy interest rates - does not deserve to be called "investment capital" 
September 13, 2012, 09:06:42 PM
Jutarul: Wow, I am not sure if it was that statement, but that brought me already about an 8% increase in current worth of investment. Btw. is there anyone discussing the fee by GLBSE for buying and selling in terms of traditional tobin tax?
lol. just spelling out the obvious. It's interesting that the share price is stuck at IPO levels. Apparently the pirate incident did more collateral damage to the whole stock market than I anticipated... Lots of investment capital got flushed down the toilet and isn't available anymore for reallocation into serious business opportunities like this one. It's a shame.
September 13, 2012, 08:47:33 PM
Also: While I am absolutely aware of the premiere performance of BFL, I am also aware of the following delivery times. There, they were much closer. But as long as we can get our (see what I did here) farm running before december, we will still be so far in the green, that I hope that I can get some sidebusiness going by then.
September 13, 2012, 08:38:36 PM
Jutarul: Wow, I am not sure if it was that statement, but that brought me already about an 8% increase in current worth of investment. Btw. is there anyone discussing the fee by GLBSE for buying and selling in terms of traditional tobin tax?
September 13, 2012, 03:59:16 PM
Even though only a very, very small investor, I would still love to hear at what stage you currently are and what the timeline for the next 2 months looks like. BFL still say that they will be shipping late october to early november, so if you manage to do go live at about the same time, that would be great news.
The real question is not who's first to the market, but who has the most sustained volume within e.g. a three month period december-februrary. The miners are competing for 25*(6*24*90) BTC = 324000 BTC which is about $3M at current exchange rates. So if ASICminer can sustain a 20% level, that's $600k profit. That's the big short term prize where part of it get handed over as dividends and other parts are used to expand the production and bootstrap the hardware selling.
I doubt that BFL can pump out huge volumes. (e.g. 50 TH per month), so 20% is still a reasonable goal.
September 13, 2012, 10:00:53 AM
Even though only a very, very small investor, I would still love to hear at what stage you currently are and what the timeline for the next 2 months looks like. BFL still say that they will be shipping late october to early november, so if you manage to do go live at about the same time, that would be great news.
what bfl say and what they sh1t are mostly the same thing. September 13, 2012, 09:08:24 AM
Even though only a very, very small investor, I would still love to hear at what stage you currently are and what the timeline for the next 2 months looks like. BFL still say that they will be shipping late october to early november, so if you manage to do go live at about the same time, that would be great news.
September 13, 2012, 04:03:57 AM
looking forward to more info Friedcat. 
September 13, 2012, 02:47:13 AM
While investors are eager to learn about the progress, announcements of this kind have no positive effect on the progress of this endeavor. On the other hand, the announcements may offer important targets for competitors' engineering and marketing efforts.
As long as the RTL design and optimization techs are kept as secret, the spec as a row of data couldn't really help the competitors much. What technology node could do how much is easy to know for all people who get into working on the ASIC design. Plus, this is what I have already promised:Update
IPO: There are still three pending orders. Two of them amount at 1,000 BTC each. All other orders are either cancelled or traded.
If they are not canceled but done, we could collect at a total of >14k of BTC, which would be enough for our expenses, as long as no extreme condition with the BTC price happens. So we still hold the original plan.
Chip: With our recent (from starting of IPO and now) effort, we successfully further reduced the ratio of power consumption to hashrate. It finally makes inexpensive packaging of our chips practical. Before taping out, a detailed spec (size, power, performance, pins, I/O interface, etc) of our chips will be made public.
IPO: There are still three pending orders. Two of them amount at 1,000 BTC each. All other orders are either cancelled or traded.
If they are not canceled but done, we could collect at a total of >14k of BTC, which would be enough for our expenses, as long as no extreme condition with the BTC price happens. So we still hold the original plan.
Chip: With our recent (from starting of IPO and now) effort, we successfully further reduced the ratio of power consumption to hashrate. It finally makes inexpensive packaging of our chips practical. Before taping out, a detailed spec (size, power, performance, pins, I/O interface, etc) of our chips will be made public.
September 13, 2012, 02:44:16 AM
Can you give a ballpark on the power requirements of the 50 ghash module?
friedcat may want to correct this with updated data, but based on their preliminary specs it'll be about 500 W (https://bitcointalksearch.org/topic/m.1062854).
That's 50GH/s = 1.25 GH/s / chip * 40 chips.
and 40 chips * 13.3 W / chip = 532 W
Of course you'd also need to add power consumption of the periphery.
I'm now collecting the tech details for announcement.
While investors are eager to learn about the progress, announcements of this kind have no positive effect on the progress of this endeavor. On the other hand, the announcements may offer important targets for competitors' engineering and marketing efforts.
The forehand progress report has been sent to the board already. It will also be announced when there is no slight deviation about the date and materials.
September 13, 2012, 02:30:58 AM
Can you give a ballpark on the power requirements of the 50 ghash module?
friedcat may want to correct this with updated data, but based on their preliminary specs it'll be about 500 W (https://bitcointalksearch.org/topic/m.1062854).
That's 50GH/s = 1.25 GH/s / chip * 40 chips.
and 40 chips * 13.3 W / chip = 532 W
Of course you'd also need to add power consumption of the periphery.
I'm now collecting the tech details for announcement.
While investors are eager to learn about the progress, announcements of this kind have no positive effect on the progress of this endeavor. On the other hand, the announcements may offer important targets for competitors' engineering and marketing efforts.
September 13, 2012, 01:01:46 AM
Can you give a ballpark on the power requirements of the 50 ghash module?
friedcat may want to correct this with updated data, but based on their preliminary specs it'll be about 500 W (https://bitcointalksearch.org/topic/m.1062854).
That's 50GH/s = 1.25 GH/s / chip * 40 chips.
and 40 chips * 13.3 W / chip = 532 W
Of course you'd also need to add power consumption of the periphery.
I'm now collecting the tech details for announcement.
September 12, 2012, 06:24:55 PM
Can you give a ballpark on the power requirements of the 50 ghash module?
friedcat may want to correct this with updated data, but based on their preliminary specs it'll be about 500 W (https://bitcointalksearch.org/topic/m.1062854).
That's 50GH/s = 1.25 GH/s / chip * 40 chips.
and 40 chips * 13.3 W / chip = 532 W
Of course you'd also need to add power consumption of the periphery.
September 12, 2012, 06:18:04 PM
Can you give a ballpark on the power requirements of the 50 ghash module? I want to know what kind of capital I need to invest to max my house power out.
September 12, 2012, 10:50:57 AM
Hi everyone,
Is manufacturing on schedule to begin sometime this month?
Is manufacturing on schedule to begin sometime this month?
September 11, 2012, 09:33:49 PM
Thank you friedcat and Deprived.
I appreciate your helping me to more fully understand how things were transacted.
I appreciate your helping me to more fully understand how things were transacted.
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