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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 141. (Read 3917058 times)

legendary
Activity: 1456
Merit: 1010
Ad maiora!
What is AM's Instagram called? I can't find anything for AM, asic miner, asicminer or friedcat.
 
And yeah, old picture is old.
full member
Activity: 141
Merit: 100
Those must be the radiators for immersion cooling.
But yes, those pictures are very old. The images of the indoor part are also very old.
legendary
Activity: 1512
Merit: 1012
Still wild and free
IMMERSION COOLING



This picture is very old. I remember it from maybe one year ago.
member
Activity: 117
Merit: 10
Well AM tagged it as immersion cooling on their instagram profile

They posted pictures of the indoor section too.
legendary
Activity: 980
Merit: 1040
With immersion cooling, you still need to cool the coolant.
legendary
Activity: 1260
Merit: 1002
Well AM tagged it as immersion cooling on their instagram profile
full member
Activity: 196
Merit: 100
No...these are air conditioning chillers on the roof of a building somewhere. Where exactly would the hashing units go when the radiators are angled like that? They almost meet in a perfect v at the bottom.
Those are rooftop radiators in Hong Kong for a mining operation on lower a lower floor you twit.
hero member
Activity: 588
Merit: 500
IMMERSION COOLING



No...these are air conditioning chillers on the roof of a building somewhere. Where exactly would the hashing units go when the radiators are angled like that? They almost meet in a perfect v at the bottom.

legendary
Activity: 1260
Merit: 1002
IMMERSION COOLING

legendary
Activity: 980
Merit: 1040

What is AM worth?  I mean, what is the company worth... how many PH of chips did they just order, what is their mine worth, what is their IP worth? etc.  Would it be out of the question to assume $20 million USD?

How much would you value a bitcoin mining asic company that already has a pile of pretty decent, working 28nm chips? Thats had them for over 6 months?
A company like, say, HashFast?

Quote
I've been in this game for a while and I honestly can't remember the last time a bitcoin company was undervalued.

You forgot about PETA already? To be fair, if I were you, Id try to forget that too
legendary
Activity: 1029
Merit: 1000
hero member
Activity: 938
Merit: 502
<0.1 BTC a share.

This should get interesting.

It should now were in a state of limbo
How low can it go I guess is the short to midterm question
Seeing 0.08

What is AM worth?  I mean, what is the company worth... how many PH of chips did they just order, what is their mine worth, what is their IP worth? etc.  Would it be out of the question to assume $20 million USD?

If so, the share prices are currently trading way below current 'value'.  20 million USD = around .147 btc / share.

I've been in this game for a while and I honestly can't remember the last time a bitcoin company was undervalued.

I compare AM to Lentuo International, a small-cap auto reseller in and around Beijing that's traded on the NYSE.  Both have a specific sector and product that they offer, and both deal heavily with exports and foreign currency markets.  ASICMINER also directly produces the currency it transacts with for the foundation of its business.

https://finance.yahoo.com/echarts?s=LAS+Interactive#%7B%22range%22%3A%225y%22%2C%22scale%22%3A%22linear%22%7D

Its worth ~$50 million and has yet to ever pay dividends.  ASICMINER is worth ~$11 million at this time.  KnC et al have just received multiple millions in venture capital, yes?

I would also say that LAS and AM are both undervalued.  I own 1100 shares out of Lentuo's 35.6 million outstanding (compare to ASICminer's 400k shares outstanding).  Most of these are in my Roth IRA.  I believe both companies are going to be profitable in the long term, and are relatively cheap right now (especially AM with a low BTC price).
legendary
Activity: 994
Merit: 1000
<0.1 BTC a share.

This should get interesting.

It should now were in a state of limbo
How low can it go I guess is the short to midterm question
Seeing 0.08

What is AM worth?  I mean, what is the company worth... how many PH of chips did they just order, what is their mine worth, what is their IP worth? etc.  Would it be out of the question to assume $20 million USD?

If so, the share prices are currently trading way below current 'value'.  20 million USD = around .147 btc / share.

I've been in this game for a while and I honestly can't remember the last time a bitcoin company was undervalued.
hero member
Activity: 700
Merit: 500
<0.1 BTC a share.

This should get interesting.

It should now were in a state of limbo
How low can it go I guess is the short to midterm question
Seeing 0.08
hero member
Activity: 924
Merit: 1000
there are now    30707 shares on havelock. I dont keep track but wasnt this 24000 just few weeks ago ?
That was in the first quarter, time flies. They slowly rised beginning from May if I remember correctly.
legendary
Activity: 1260
Merit: 1002
there are now    30707 shares on havelock. I dont keep track but wasnt this 24000 just few weeks ago ?

28k
hero member
Activity: 656
Merit: 500
there are now    30707 shares on havelock. I dont keep track but wasnt this 24000 just few weeks ago ?
hero member
Activity: 700
Merit: 500
Over 500 shares just dumped on Havelock! Holy cow, who do you think did that? Insider information or just an early adopter cashing out some of his stash? Maybe someone is willing to buy some AMHash??? Smiley

just some people leaving the boat.

At this point its more along the lines of
Well I'm not getting any return on this asset for X months
May as well just come back later
newbie
Activity: 32
Merit: 0
Surprising it took this long, it should have dumped hard on fc's latest announcement, but you all have stockholm syndrome.

Mehh, although this news is disappointing, it isn't unexpected.  It has very much been priced in already.  I don't think anybody was expecting any Divs from Gen3 at this point.  Mining is a tough game with falling btc prices.  Hopefully the price of BTC stabilizes and rises for Gen4 so people start buying equipment again.
legendary
Activity: 3808
Merit: 7912
Surprising it took this long, it should have dumped hard on fc's latest announcement, but you all have stockholm syndrome.
Stockholm syndrome??  You're posting in the wrong thread man!   KNCminer is the Swedish company.
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