ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 254.

willBTC

full member

Activity: 134

Merit: 100

Quote from: KarmaShark on August 02, 2014, 10:32:44 AM

It appears the market reaction is very bearish on the news of the salon. AM on its way back down, 0.24BTC and falling. Fried Cat could kill off the Havelock order book by showing up and announce a monster dividend for tomorrow. That would bring us below IPO at this rate.

Cheap shares my friends.

Dividend doesn't work , only steady dividend works.

Micky25

legendary

Activity: 974

Merit: 1000

I always thought this guy is friedcat Huh

asdfghj

newbie

Activity: 26

Merit: 8

This was interesting, haven't seen it in the thread.

be300保守说年内出。可能提前。

Translations:
be300 conservative says the year. May advance.
Be300 conservative say year out. Possible ahead of time.
300 be conservative said that during the year. May be ahead of schedule.

KarmaShark

hero member

Activity: 617

Merit: 559

.

Franktank

hero member

Activity: 560

Merit: 500

Quote from: drasted on August 02, 2014, 10:21:29 AM

What are the BE300 chips, are they the gen4 chips? Do we know anything about them yet?

28nm is all friedcat said.

drasted

sr. member

Activity: 240

Merit: 250

What are the BE300 chips, are they the gen4 chips? Do we know anything about them yet?

willBTC

full member

Activity: 134

Merit: 100

Quote from: CanaryInTheMine on August 02, 2014, 10:12:40 AM

The 15% reference, is that for self mining pool or 15% of total hashing power contributed by AM BE chips?
It's isn't clearly spelled out as far as I can see

self-mining and franchising.

CanaryInTheMine

donator

Activity: 2352

Merit: 1060

between a rock and a block!

The 15% reference, is that for self mining pool or 15% of total hashing power contributed by AM BE chips?
It's isn't clearly spelled out as far as I can see

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

Quote from: willBTC on August 02, 2014, 10:05:32 AM

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......

If big miners don't start to share the mining profits with the small miners/customers then it will be game over next year.

willBTC

full member

Activity: 134

Merit: 100

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......

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: Bonam on August 01, 2014, 03:54:27 PM

One thing we know for sure that this announcement will do: cause havelock to go offline.

aaaaaand.... it's down.

asdfghj

newbie

Activity: 26

Merit: 8

Is it over?

feifa

member

Activity: 76

Merit: 10

Quote from: XBTec on August 02, 2014, 02:19:08 AM

XBTec opens pre-orders for bitcoin miner Pacific 1570

Pacific 1570 is improved model of Pacific 1250.
During designing we found solutions how to cut power consumption and enhance chipset hash rate at the same time.
Aluminum case is more lightweight than steel one, it helps to cut expenses for shipping. Also heat sink dimensions has been optimized for better air flows and cooling efficiency.

Chipset: AM BE200
Hash rate: 1570 Gh/s
Power consumption from the wall: 1250 Watt
Power consumption per Gh: 0.8 Watt from the wall

Details
Power supply 1450Watt included.
12 PCB boards
Cooling. 3 fans on the front side
Ethernet connection
Working stand alone

Dimensions
Width: 483 mm
Height: 133 mm
Length: 370 mm
3U rack aluminum case
Weight: 13.8 kg

Price for pre-orders is 1400$ per device.
Shipping date is on August 31th

Any questions PM please.
+86-13244886411
[email protected]
http://www.xbtec.io

Case photos:

High effective XBTec Pacific 1570
https://bitcointalksearch.org/topic/m.8147311

KarmaShark

hero member

Activity: 617

Merit: 559

So to summarize what has been discussed so far from the conference:

- ASIC MINER has a 1T Miner that will be available for sale at some point next week
- The goal for the second half of 2014 is to achieve 15-20% of the Bitcoin network
- The company hopes to resume dividends in the month of August
- Self-mining operation will include BE200 and BE300 series
- In terms of competition, the company is aiming to squeeze many of them into the negative profit territory
- A focus on information dissemination from the sales team going forward (better public relations)

** This could be subject to change or interpretation as more information from the conference flows in. Assuming the majority of the above is accurate I would say this salon was a success for the company and it's shareholders. I would like to hear more about the future of Gen4 that was discussed regarding the age of Exahash. Seems there is a lot of good news for current shareholders (Gen3) in here.

Also curious if DataTank was brought up as a current or future partner for AM mining? Thanks to everyone who was there and has brought back information here for the rest of us to consume.

szmarco

hero member

Activity: 574

Merit: 500

The 1T miner will start selling in few days.
he didn't disclose detailed information about the self-mining progress. But he said the self-mining would consist of BE200 and BE300,Maybe the be300 is the larger part.

I think main part of the 15-20% hashratio would be francising. the sold miners' hashrate is not in the 15-20%.

feifa

member

Activity: 76

Merit: 10

Quote from: szmarco on August 02, 2014, 03:00:36 AM

I am back.

I believe he did not waste a coin of our money in his personel life and he work hard. But he looks too shy and thin.
Good health, Mr FriedCat. Thanks for your job.

FC didn't mention the self-mining? When begin selling the 1 T miner ?
Thanks!

lunarboy

hero member

Activity: 544

Merit: 500

Yes, If that is you Mr FC Huh

I thank you for your hard work, long may you have success. Make sure you spend some of that hard earned BTC on health and leisure.

I hear cats like fishing. Cool

szmarco

hero member

Activity: 574

Merit: 500

I am back.

I believe he did not waste a coin of our money in his personel life and he work hard. But he looks too shy and thin.
Good health, Mr FriedCat. Thanks for your job.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: JoTheKhan on August 02, 2014, 01:47:15 AM

I think this is him.

http://ww3.sinaimg.cn/bmiddle/b63f3b12jw1eiya1u6m77j20f20qo752.jpg

Source: http://www.weibo.com/btcbaby#_rnd1406961981999

Looks like a nice guy. Think he could afford Lasik though Grin

My only concern is its August already and he's only "hoping to resume dividends in August". Guess it just shows how quickly the bitcoin mining biz moves if a major player can't make profit forecasts for the next 30 days.

chairforce1

sr. member

Activity: 316

Merit: 250

"Shy, shy, low-key, honest, hard-working, intelligent. Need physical exercise, nutrition. Urgent need to take care of a cat. This is the grilled Mr. cats"

"I left the scene, leaving no part of my nutrition. Structural Deformation liked the currency required."

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