Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 319. (Read 3917468 times)
It's all happening now, he's back in full effect and its all business now.
FC speaks, again: https://bitcointalksearch.org/topic/m.7181247
So gen 4 will, most likely, be pin-/dimension-compatible to gen 3 and developers improving on the schematics may be paid by AM! I believe this may encourage some people to further optimize the designs.
He became quite talkative these days. I like it.
So gen 4 will, most likely, be pin-/dimension-compatible to gen 3 and developers improving on the schematics may be paid by AM! I believe this may encourage some people to further optimize the designs.
He became quite talkative these days. I like it.
FC stepping out of his cave right for summer!
FC speaks, again: https://bitcointalksearch.org/topic/m.7181247
So gen 4 will, most likely, be pin-/dimension-compatible to gen 3 and developers improving on the schematics may be paid by AM! I believe this may encourage some people to further optimize the designs.
He became quite talkative these days. I like it.
So gen 4 will, most likely, be pin-/dimension-compatible to gen 3 and developers improving on the schematics may be paid by AM! I believe this may encourage some people to further optimize the designs.
He became quite talkative these days. I like it.
The way I interpret this statement is that FC is working on getting cheaper electricity/space and then AM will go HAM on the self mining.
I thought that he already had plenty of time to search for cheaper electricity/space. Doing it now seems a bit late.
jimmothy, bitcoin.newsfeed: I'm not saying they scrapped the plans or anything, but he seems a bit hesitant and something seems to have changed. Maybe they plan on going bigger, could be. But He stated as well, that getting cheap electricity and the machines takes time. So I won't be surprised not to see any mining this month.
I've seen some people saying that it'll be great once AM gets its self mining going again. What is a realistic amount of PH that AM can get online? What percentage of the network do we think it will be by the time it's up and running? I seem to remember a figure of 30 ph from franchises.
Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine. They earn more revenue and have a shorter turnaround time (sold instantly instead of "mining back" the investment) and thus can be paid out and reinvested much faster. Although I agree that a decent amount of self mining makes sense (BTC price increasing, constant income, independence)
"Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine."
that's NOT what he said in his answer...
Well, effectively this is what he's pursuing since development started on gen 3. Focussing on chip sales, rather than mining. In my Q/A on April 21st, he stated that air cooled mining will start May/June and immersion cooled mining in June/July. Right now things sound a tad 'evasive' as if this isn't top priority (any more?)
Which doesn't have to be a bad thing. If the chips are selling well, just continue doing that.
Quote
We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate.
The way I interpret this statement is that FC is working on getting cheaper electricity/space and then AM will go HAM on the self mining.
he stated that air cooled mining will start May/June and immersion cooled mining in June/July
This is very much likely achievable
I've seen some people saying that it'll be great once AM gets its self mining going again. What is a realistic amount of PH that AM can get online? What percentage of the network do we think it will be by the time it's up and running? I seem to remember a figure of 30 ph from franchises.
Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine. They earn more revenue and have a shorter turnaround time (sold instantly instead of "mining back" the investment) and thus can be paid out and reinvested much faster. Although I agree that a decent amount of self mining makes sense (BTC price increasing, constant income, independence)
"Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine."
that's NOT what he said in his answer...
Well, effectively this is what he's pursuing since development started on gen 3. Focussing on chip sales, rather than mining. In my Q/A on April 21st, he stated that air cooled mining will start May/June and immersion cooled mining in June/July. Right now things sound a tad 'evasive' as if this isn't top priority (any more?)
Which doesn't have to be a bad thing. If the chips are selling well, just continue doing that.
I've seen some people saying that it'll be great once AM gets its self mining going again. What is a realistic amount of PH that AM can get online? What percentage of the network do we think it will be by the time it's up and running? I seem to remember a figure of 30 ph from franchises.
Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine. They earn more revenue and have a shorter turnaround time (sold instantly instead of "mining back" the investment) and thus can be paid out and reinvested much faster. Although I agree that a decent amount of self mining makes sense (BTC price increasing, constant income, independence)
"Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine."
that's NOT what he said in his answer...
Sales price will be adjusted if BTC rises.
So if we link the current price of 0,5$ to the current BTC price of 666$ we get a to-date sales price of 0.00075 BTC/G.
Using a factor of 0.9 for an average future price and retaining 1/3 for Gen4, I come to a gross-income per share of 0.06756757 BTC for the 60P.
So if we link the current price of 0,5$ to the current BTC price of 666$ we get a to-date sales price of 0.00075 BTC/G.
Using a factor of 0.9 for an average future price and retaining 1/3 for Gen4, I come to a gross-income per share of 0.06756757 BTC for the 60P.
Forget to ask FC will they change the chip price based on BTC price. It may sound silly, but I don't think the chip price is so flexible. That is a huge risk, because BTC price can be really crazy.
Maybe we can suggest a BTC buy/sell program where "X" amount of BTC is bought or sold each day to average prices and maintain a BTC to USD ratio.
buy buy buy
Already did. Anyone that has been around the block even once with ASICminer/FC knows there is no panic. Things are lost in translation and in internet forums.this will last about 5 days. then FUD starts all over again. never fails.
AM is crashing. Atleast AM1 is. .24 Today, High was .32 yesterday.
One share has traded at 0.2401 and a grand total of three shares have traded below 0.28.
WOW!
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
lol, I came here afraid that Havelock got shut down or something, haven't been able to access it. Hopefully it's just from people racing to buy up all of the AM100 they can
AM is crashing. Atleast AM1 is. .24 Today, High was .32 yesterday.
I'm getting the sense that traders are more enticed by instability than stability and buy for the emotional roller coaster ride. The ability to now see the positive future apparently doesn't interest them and they'd be more content with failure looming overhead. Not sure what the experience level is of the investors in AM is but it sure doesn't appear to follow any successful methods I'm aware of.
and helps the case for BE200/any future AM chips to be viewed as the industry standard
WOW!
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
I'm asking a lot of questions today! Can someone explain why this is good news? If our next gen chip is going to be open source then how do we have any advantage as far as producing the chip? Can't anyone use the open source designs to produce the chip itself? Pardon my ignorance on this subject.
Only design for reference boards.
Exactly. Now potentially everyone can design their own board, improve on it and build/sell a miner. Also, since the design can be improved, the efficiency may get better.
WOW!
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
I'm asking a lot of questions today! Can someone explain why this is good news? If our next gen chip is going to be open source then how do we have any advantage as far as producing the chip? Can't anyone use the open source designs to produce the chip itself? Pardon my ignorance on this subject.
Only design for reference boards. That is, boards where chips are to be assembled.
WOW!
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
I'm asking a lot of questions today! Can someone explain why this is good news? If our next gen chip is going to be open source then how do we have any advantage as far as producing the chip? Can't anyone use the open source designs to produce the chip itself? Pardon my ignorance on this subject.
yeah but honestly at this point I don't care if it crashes, I have the answers I needed so I am in no way worried about the future of AM - back to being bullish!
AM is crashing. Atleast AM1 is. .24 Today, High was .32 yesterday.
Well it's basically at the point before the FC announcement yesterday.
WOW!
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
Friedcat is pushing the open source development of his new "Block Erupter Project" https://bitcointalksearch.org/topic/m.7168771
This is the AM train gaining speed. Havelock still standing?
lol, I came here afraid that Havelock got shut down or something, haven't been able to access it. Hopefully it's just from people racing to buy up all of the AM100 they can
AM is crashing. Atleast AM1 is. .24 Today, High was .32 yesterday.
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