ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 150.

stompysteve

hero member

Activity: 574

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Quote from: rockxie on October 24, 2014, 09:46:09 AM

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

FC is busy for Prismas production and BE300 these days,He will update soon when he is a bit free I think. All of AM guys are working hard as possible as they can as I know. The profits are kept for Prismas and BE300, as we know,there are lots of BE200 that are waiting to be produced to mining devices,and this needs money.

AMHash project is absolutely a good news for AM shareholders.

Thanks for the quick update

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: rockxie on October 24, 2014, 09:46:09 AM

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

FC is busy for Prismas production and BE300 these days,He will update soon when he is a bit free I think. All of AM guys are working hard as possible as they can as I know. The profits are kept for Prismas and BE300, as we know,there are lots of BE200 that are waiting to be produced to mining devices,and this needs money.

AMHash project is absolutely a good news for AM shareholders.

Glad to hear that FC and AM / RM are working hard. Hopefully there will be some kind of financial report soon.

rudi

full member

Activity: 141

Merit: 100

I think a word of praise is due:
- AM is really killing the competition with this offering.
- AMHash gives AM another avenue to sell their chips as efficiently as possible. They already have/had: chips sales, device sales, franchised mining, and self-mining. This is a really good idea.

rockxie

sr. member

Activity: 284

Merit: 254

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

FC is busy for Prismas production and BE300 these days,He will update soon when he is a bit free I think. All of AM guys are working hard as possible as they can as I know. The profits are kept for Prismas and BE300, as we know,there are lots of BE200 that are waiting to be produced to mining devices,and this needs money.

AMHash project is absolutely a good news for AM shareholders.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: rudi on October 24, 2014, 09:29:54 AM

Quote from: hdbuck on October 24, 2014, 09:28:10 AM

Quote from: Mabsark on October 24, 2014, 09:16:09 AM

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

Nope, thats not the problem. Im primarily an AM (and Fc) supporter. But the thing is, the share price of such ipo is just gonna tank because the divs will eventually fall back to none as the gear becomes obsolete. And the what? New ipo?

That's like saying:
"The price of gen1 hardware is just gonna tank because it will eventually become obsolete. And then what? New hardware?"

Exactly. Im still waiting for the benefit of gen 3 as an AM shareholder. Where has the selfmining gone? What about franchisees? Plus How much do you think 5ph is gonna be worth when the exahash kicks in?

Dexter770221

legendary

Activity: 1029

Merit: 1000

Quote from: Tripjammer on October 24, 2014, 09:37:32 AM

Quote from: server on October 24, 2014, 09:25:49 AM

Quote from: Tripjammer on October 24, 2014, 09:16:38 AM

So it's $1.63 per TH/s per day?

I believe the price for 1 MH/s = $0.51 + 1.89*10^(-8) USD per second.

Wait it's GH/s not MH/s this is sha256 not scrypt! Lol!

So $1.63/1000=$.00163 per gh/s

That's mad cheap!!!!

0.049$/GH/month. Over twice cheaper than PETA or CEX.IO for example. At least PETA shares are twce cheaper, while cex is twice more expensive than AMHash.

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

Quote from: Tripjammer on October 24, 2014, 09:37:32 AM

Quote from: server on October 24, 2014, 09:25:49 AM

Quote from: Tripjammer on October 24, 2014, 09:16:38 AM

So it's $1.63 per TH/s per day?

I believe the price for 1 MH/s = $0.51 + 1.89*10^(-8) USD per second.

Wait it's GH/s not MH/s this is sha256 not scrypt! Lol!

So $1.63/1000=$.00163 per gh/s

That's mad cheap!!!!

My mistake.. you're right GH

Tripjammer

sr. member

Activity: 394

Merit: 250

Quote from: server on October 24, 2014, 09:25:49 AM

Quote from: Tripjammer on October 24, 2014, 09:16:38 AM

So it's $1.63 per TH/s per day?

I believe the price for 1 MH/s = $0.51 + 1.89*10^(-8) USD per second.

Wait it's GH/s not MH/s this is sha256 not scrypt! Lol!

So $1.63/1000=$.00163 per gh/s

That's mad cheap!!!!

rudi

full member

Activity: 141

Merit: 100

Quote from: hdbuck on October 24, 2014, 09:28:10 AM

Quote from: Mabsark on October 24, 2014, 09:16:09 AM

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

Nope, thats not the problem. Im primarily an AM (and Fc) supporter. But the thing is, the share price of such ipo is just gonna tank because the divs will eventually fall back to none as the gear becomes obsolete. And the what? New ipo?

That's like saying:
"The price of gen1 hardware is just gonna tank because it will eventually become obsolete. And then what? New hardware?"

rudi

full member

Activity: 141

Merit: 100

Quote from: Mabsark on October 24, 2014, 09:16:09 AM

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

+1
I don't get why this is so controversial. It's 100% good news for AM shareholders.

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: Mabsark on October 24, 2014, 09:16:09 AM

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

Nope, thats not the problem. Im primarily an AM (and Fc) supporter. But the thing is, the share price of such ipo is just gonna tank because the divs will eventually fall back to none as the gear becomes obsolete (kinda deja vu dont you think?) And then what? New ipo?

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

Quote from: Tripjammer on October 24, 2014, 09:16:38 AM

So it's $1.63 per TH/s per day?

I believe the price for 1 GH/s = $0.51 + 1.89*10^(-8) USD per second.

(1.89*10^(-8) USD per second = $1.63 per day per TH(?))

ujka

hero member

Activity: 630

Merit: 500

Quote from: Tripjammer on October 24, 2014, 09:16:38 AM

So it's $1.63 per TH/s per day?

The fee calculated in that example, YES.

Tripjammer

sr. member

Activity: 394

Merit: 250

So it's $1.63 per TH/s per day?

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: hdbuck on October 24, 2014, 09:01:56 AM

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

sngwinner

full member

Activity: 432

Merit: 100

The IPo and stock proce don't worry me. I want FC to address the obvious change in operating plans since he announced that dividends would be aggressive.

Mabsark

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Activity: 826

Merit: 1004

Quote from: Sledge on October 24, 2014, 08:48:31 AM

I don't understand why someone would buy the new AMHash1 fund on HavelockInvestments.com when the AM1 share hasn't had an update since May 2014. Not a single communication from the company at all. Sure, we can now see what they were up to, but you'd think they'd have time to send out some kind of update. I keep getting pings with 10 BTC inserted into the AsicMiner address on the blockchain, but see no dividends or explanations of any kind.

That's like saying that you don't understand why someone would buy a Prisma because AM shareholders haven't received dividends for a while. AM shareholders are simply irrelevant to that decision. The main reason why people would buy a Prisma or AMHash are the same - they offer the best value for money.

hdbuck

legendary

Activity: 1260

Merit: 1002

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

101111

hero member

Activity: 525

Merit: 500

Quote from: rudi on October 24, 2014, 08:46:36 AM

Quote from: 101111 on October 24, 2014, 08:40:26 AM

Quote from: rudi on October 24, 2014, 08:26:31 AM

Quote from: 101111 on October 24, 2014, 08:24:26 AM

Quote from: rudi on October 24, 2014, 08:21:20 AM

If this farm is using Tubes instead of Prismas, we have to revise our estimate of their electricity costs downward somewhat (to probably less than $0.06/kWh).

Surely the tariff is the same regardless of miner?

Tubes need more power per GH.

Yes but the cost per kWh, the cost of electricity, would be the same regardless.

edit I think maybe you meant the J/GH

It's actually quite clear: The maintenance fees are per GH. Also, the maintenance fees are stated and known.
If the equipment uses more electricity per GH, it costs more to maintain.
Hence, we can estimate what AMHash pays for electricity.

"power consumption" x "price of electricity" = "fee"
Solve for "price of electricity".

Thanks, yes makes sense, I was thinking of the straight kWh tariff ("price of electricity").

Sledge

newbie

Activity: 56

Merit: 0

I don't understand why someone would buy the new AMHash1 fund on HavelockInvestments.com when the AM1 share hasn't had an update since May 2014. Not a single communication from the company at all. Sure, we can now see what they were up to, but you'd think they'd have time to send out some kind of update. I keep getting pings with 10 BTC inserted into the AsicMiner address on the blockchain, but see no dividends or explanations of any kind.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 150. (Read 3917058 times)