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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 323. (Read 3917468 times)

hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Some are still waking up, I predict. Should be a nice surprise to wake up to given the last few weeks. Minerpumpkin, any chance you want to take a shot at speculating on some numbers now that FC has filled us in on some of the variables? Should be able to give us a cleaner looking crystal ball.

Sure! I'll just quick and dirty address what we may expect from those 60 PH/s.

60,000,000 GH/s * $0.35 (average, we have to remain careful and realistic) = $21m / 400,000 (shares) = $52.5/share * 2/3 (payout as shares, not retained) / $700 (BTC price - this may get dangerous) = BTC 0.05 / share for this batch in production (those 60 PH/s). Plus everything that comes after this of course, since it's not the total of gen 3. I guess we'll see BTC 0.1+ for all of gen 3, so with the old valuation we'd be at a reasonable share price of BTC 0.3.
This is pure conjecture given the numbers we just got and not meant as investment advice!!! Please make up your own mind!
sr. member
Activity: 457
Merit: 250
buy buy buy Cheesy

 Grin 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.
hero member
Activity: 854
Merit: 1000
Bitcoin: The People's Bailout
Current Network Stats : Speed 81.60 PH/s

A little less than 60P of wafers, most of which are on their final stages of production.

Sweet.Mother.Of.God  Shocked

OK guys, there are our dividends, I told you ! Wink So far the best update ever, thank you Friedcat for taking the time, me personally, I am amazed by this.

That can't be right... How could we possibly have so much PH??

I was guessing ~20PH.


I missed this in the update from him. I too was expecting 20-25PH total. I wouldn't mind having a more detailed explanation so it makes sense. Perhaps this is yet another case of the FC's panache for under-promising and over-delivering?

According to Jutarul's update from April 21st:

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

It appears that 67 PH was projected as the June order size at that time, with 109 PH in total production projected for the three month period.



legendary
Activity: 1260
Merit: 1002
sr. member
Activity: 448
Merit: 250
annnndddd there goes Havelock....lol
Yep, can't login.
member
Activity: 67
Merit: 10
annnndddd there goes Havelock....lol
vip
Activity: 1316
Merit: 1043
👻
Also, how long are direct share transfers expected to take?
vip
Activity: 1316
Merit: 1043
👻
Thanks for the answers Smiley 60PH!
hero member
Activity: 617
Merit: 559
Yes,We love you FC. But we are bankrupted.
Are we reading the same update?  Huh  

Time to back up the truck Tongue




This is why having liquid BTC on HL waiting for moments of awesomeness such as this is vital. By the time coin makes it over the price will be higher, that is for sure.
member
Activity: 62
Merit: 10
Yes,We love you FC. But we are bankrupted.
Are we reading the same update?  Huh  

Time to back up the truck Tongue

hero member
Activity: 617
Merit: 559
Current Network Stats : Speed 81.60 PH/s

A little less than 60P of wafers, most of which are on their final stages of production.

Sweet.Mother.Of.God  Shocked

OK guys, there are our dividends, I told you ! Wink So far the best update ever, thank you Friedcat for taking the time, me personally, I am amazed by this.

That can't be right... How could we possibly have so much PH??

I was guessing ~20PH.


I missed this in the update from him. I too was expecting 20-25PH total. I wouldn't mind having a more detailed explanation so it makes sense. Perhaps this is yet another case of the FC's panache for under-promising and over-delivering?
legendary
Activity: 1512
Merit: 1012
Still wild and free
A little less than 60P of wafers, most of which are on their final stages of production.

Lemme rephrase that:

A little less than 60% of the current global hashrate, most of which are on their final stages of production.
KS
sr. member
Activity: 448
Merit: 250
First I got to read from Jesus, now even FC is posting. Wow, what a day Grin
sr. member
Activity: 347
Merit: 250
Thanks FC! Keep up the good work.
sr. member
Activity: 448
Merit: 250
Okay, umm... Why aren't that many people buying? Doubts that this is good news?  Undecided
People too short term cash focused.  Wall St types. Also, they don't understand the report. LOL.
hero member
Activity: 770
Merit: 509
Current Network Stats : Speed 81.60 PH/s

A little less than 60P of wafers, most of which are on their final stages of production.

Sweet.Mother.Of.God  Shocked

OK guys, there are our dividends, I told you ! Wink So far the best update ever, thank you Friedcat for taking the time, me personally, I am amazed by this.

That can't be right... How could we possibly have so much PH??

I was guessing ~20PH.
hero member
Activity: 574
Merit: 500
Yes,We love you FC. But we are bankrupted.
hero member
Activity: 617
Merit: 559
Okay, umm... Why aren't that many people buying? Doubts that this is good news?  Undecided


Some are still waking up, I predict. Should be a nice surprise to wake up to given the last few weeks. Minerpumpkin, any chance you want to take a shot at speculating on some numbers now that FC has filled us in on some of the variables? Should be able to give us a cleaner looking crystal ball.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Okay, umm... Why aren't that many people buying? Doubts that this is good news?  Undecided
hero member
Activity: 617
Merit: 559
This, I can live with. Much appreciated FC.



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