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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 252. (Read 3917468 times)

sr. member
Activity: 378
Merit: 250
Or it will be 31st of August and nothing happens Roll Eyes hope™ not. In this point I will be happy to see anything, not just words.

IIRC the new miner should be revealed on that "salon" ... yet not even specs are known.
hero member
Activity: 518
Merit: 500
Trust me!
It's an incredibly bold statement to try and achieve up to 20% of the total network hashrate. If they really used the miners they're now selling, they'd need over 20000 of them. Are they going to use those machines or are they using other ones? I don't really know whether their immersion plans have become reality already... What do you think?

Ambitious but hardly impossible.  I think even Butterfly Labs could build 20,000 devices in 5 months (assuming you gave them some functioning chips).  Friedcat has most of the short order high tech manufacturing capacity that the world has to offer right in his neighboorhood.  He could contract with Foxconn and have those built in literally days if he had all the parts ready.  most of us in the rest of the world can't wrap our heads around how fast the Chinese can turn product.  It is really mind boggling if you look into it a little.

Yeah, I guess you're right. This order might even be too freaking small for companies like Foxconn! I think the question boils down to whether they will be using exactly those 1 TH/s devices they've just unveiled. Maybe they'd be better off with a solution that has even more hashing power in a single device. Or maybe work with modular or potentially upgradeable hardware for the BE300!
newbie
Activity: 32
Merit: 0
It's an incredibly bold statement to try and achieve up to 20% of the total network hashrate. If they really used the miners they're now selling, they'd need over 20000 of them. Are they going to use those machines or are they using other ones? I don't really know whether their immersion plans have become reality already... What do you think?

Ambitious but hardly impossible.  I think even Butterfly Labs could build 20,000 devices in 5 months (assuming you gave them some functioning chips).  Friedcat has most of the short order high tech manufacturing capacity that the world has to offer right in his neighboorhood.  He could contract with Foxconn and have those built in literally days if he had all the parts ready.  most of us in the rest of the world can't wrap our heads around how fast the Chinese can turn product.  It is really mind boggling if you look into it a little.
hero member
Activity: 526
Merit: 500
... What do you think?

I think this belongs in the speculation thread.
hero member
Activity: 518
Merit: 500
Trust me!
It's an incredibly bold statement to try and achieve up to 20% of the total network hashrate. If they really used the miners they're now selling, they'd need over 20000 of them. Are they going to use those machines or are they using other ones? I don't really know whether their immersion plans have become reality already... What do you think?
hero member
Activity: 742
Merit: 500
Upcoming interview with Friedcat:
http://www.bitell.com/t/2026


Did this interview happen already, or does anyone know when it is meant to happen?

Believe what we are discussing was the interview
All in the thread not sure if the transcript is out though
any informaiton about the hash percent of AM in this year ?
when to reach this scale?
full member
Activity: 134
Merit: 100
Has any franchising partner received the hardware devices ?
sr. member
Activity: 378
Merit: 254
@hdbuck:  If it helps you to imagine me as some Romanian d00d, I won't stop you.
@Lesbian Cow:  Queer cows, breeder cows--bull don't give a shit.  You're still gettin' fucked.
@Hornyrhino:  See if you can stick it in Lesbian Cow.  Watch out 4 da bull.

  ~Happy investing, animal farm!
 
legendary
Activity: 1260
Merit: 1002
I have never blamed anyone besides myself for that loss. This is Bitcoin securities they are inherently risky assets.

exactly, and some point i had to choose between gambling my bitcoins whether on just-dice or asic-miner.. i chose the latest and did not regret it so far. Grin
sr. member
Activity: 347
Merit: 250
^One of my problems is idiots like you blaming me for their idiocy.  You don't understand what I said for the same reason you're such a failure as an investor--you're simply not bright enough.
You still haven't thanked me for warning you about Active Mining, where the fuck are your manners?


This is not the Active Mining thread, I stated what we knew to be the case in relation to the Salon and the other separate interview. If I was factually incorrect then please correct me.

If you want to have a discussion about Active Mining send me a PM about it. When did I blame you for anything? ActM was a poor investment decision on my part, yes I lost money, but quite frankly that was always a risk and it wasn't more than I could afford to lose.   I have never blamed anyone besides myself for that loss. This is Bitcoin securities they are inherently risky assets.
legendary
Activity: 3066
Merit: 1757
^One of my problems is idiots like you blaming me for their idiocy.  You don't understand what I said for the same reason you're such a failure as an investor--you're simply not bright enough.
You still haven't thanked me for warning you about Active Mining, where the fuck are your manners?


Hi Not Lamb Chop,

Are you that Marceau Popsicle guy?  The one riding a Camel in an ill fitting suit with an expression on his face like "who farted?".

Sorry to go a bit off topic, but I have been curious for a while - what happened to your alter ego MPeX-PR?  The one with the avatar of a hot looking robot like chick where I think I could see the beginnings of a nipple.  I miss you as that character.   When you posted as that character were you stroking your anus?  I always assumed you were.

Back on topic, Lesbian Cow is adding to her position in AM at these prices.  Can't see why Fried Cat would make such a public display if he was not in a position to deliver. 
legendary
Activity: 1260
Merit: 1002
^One of my problems is idiots like you blaming me for their idiocy.  You don't understand what I said for the same reason you're such a failure as an investor--you're simply not bright enough.
You still haven't thanked me for warning you about Active Mining, where the fuck are your manners?

come on man, ASICMINER is no ACTIVE MINING, we get it that you are a hell of an investor rollin with Mpex, but calm down, let us invest our money in what we think might just worth it. no wonder people disrespect you here because of all that trollin & braggin about how superior you are. what's the point?
sr. member
Activity: 378
Merit: 254
^One of my problems is idiots like you blaming me for their idiocy.  You don't understand what I said for the same reason you're such a failure as an investor--you're simply not bright enough.
You still haven't thanked me for warning you about Active Mining, where the fuck are your manners?
sr. member
Activity: 347
Merit: 250
...We have been discussing the Salon, that interview is supposed to happen but we don't know the date of it.

Just the place for a Snark! I have said it twice: That alone should encourage the crew.
Just the place for a Snark! I have said it thrice: What I tell you three times is true!


What the fuck is your point and your problem?
sr. member
Activity: 378
Merit: 254
...We have been discussing the Salon, that interview is supposed to happen but we don't know the date of it.

Just the place for a Snark! I have said it twice: That alone should encourage the crew.
Just the place for a Snark! I have said it thrice: What I tell you three times is true!
sr. member
Activity: 347
Merit: 250
Believe what we are discussing was the interview
All in the thread not sure if the transcript is out though

I thought it was the salon that was being discussed and the interview was perhaps to be conducted shortly after the salon.

I'm pretty sure you are correct and Swordsoffreedom is confused. We have been discussing the Salon, that interview is supposed to happen but we don't know the date of it.
full member
Activity: 123
Merit: 100
The love of fiat is the root of all good
Believe what we are discussing was the interview
All in the thread not sure if the transcript is out though

I thought it was the salon that was being discussed and the interview was perhaps to be conducted shortly after the salon.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Upcoming interview with Friedcat:
http://www.bitell.com/t/2026


Did this interview happen already, or does anyone know when it is meant to happen?

Believe what we are discussing was the interview
All in the thread not sure if the transcript is out though
sr. member
Activity: 240
Merit: 250
Upcoming interview with Friedcat:
http://www.bitell.com/t/2026


Did this interview happen already, or does anyone know when it is meant to happen?
sr. member
Activity: 448
Merit: 250

Even AM will regain the 15% hashrate percentage end of this year, the situation is totally changed campared to 2013. There are more electricity cost、management cost etc. So the net profit will be lower.

Also, in the long term, the industry profit of mining will only go lower and lower , in this point, mining profit maybe still larger than 60%, but in a free market where strong competition works  , even the industry profit 20% is still large.

So, maybe in 4 years , the industry profit will down to 10% .

That's how economic law works, even the Friedcat for president can't changed the law......
Or Btc goes up, negating electricity and admin costs. Long term, probable decline in profit but this is not an issue with access to cheap chip production. I.e. make lots of chips, squeeze out expensive producers.
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