ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 388.

jimmothy

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Quote from: kendog77 on May 16, 2014, 10:59:52 PM

Quote from: dhenson on May 16, 2014, 08:11:02 PM

Weren't the rockminer team achieving .67w/gh?

Based on this post, the ASICMiner Gen3 chips are around 1W/GH, which is nothing special. The pricing is barely competitive with current Bitmain and Spondoolies-Tech offerings. If this is what current shareholders were banking on to lift the share price, I think you better take off the rose colored glasses and think again.

https://bitcointalksearch.org/topic/m.6771994

Like I said before, I'm hardware agnostic, and am running Knc, Bitmain, and Coincraft units right now. I'm very underwhelmed by the current ASICMiner Gen3 offering and feel much better about loading up on Bitmain and Spondoolies-Tech offerings after seeing this!

So $1.4/gh is "barely competitive" against $2.3/gh? (sp10/S2)

Be honest, are you really going to buy another S2/sp10 after seeing this pricing? Even the dirt cheap A1 machines look expensive now.

kendog77

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Quote from: dhenson on May 16, 2014, 08:11:02 PM

Weren't the rockminer team achieving .67w/gh?

Based on this post, the ASICMiner Gen3 chips are around 1W/GH, which is nothing special. The pricing is barely competitive with current Bitmain, Coincraft clone, and Spondoolies-Tech offerings. If this is what current shareholders were banking on to lift the share price, I think you better take off the rose colored glasses and think again.

https://bitcointalksearch.org/topic/m.6771994

Like I said before, I'm hardware agnostic, and am running Knc, Bitmain, and Coincraft units right now. I'm very underwhelmed by the current ASICMiner Gen3 offering and feel much better about loading up on Bitmain and Spondoolies-Tech hardware after seeing this!

372174788

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Quote from: romerun on May 16, 2014, 08:21:01 PM

Hashratio using AM gen3 chip ?

Absolutely right. Grin

romerun

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Bitcoin is new, makes sense to hodl.

Hashratio using AM gen3 chip ?

372174788

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Quote from: Franktank on May 16, 2014, 04:21:32 PM

Quote from: jimmothy on May 16, 2014, 04:10:19 PM

Quote

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Are there any fellow Chinese investors that could translate that for us? Thanks in advance, should you do so.

If u r an asicminer shareholder,I think there is nothing important,but this information:the first batch of in-ten-days futures of Hashratio mining machine is almost booked up,the next is expected to be in mid-June.
BTW the first batch is 1.4-1.5P.

dhenson

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Weren't the rockminer team achieving .67w/gh?

kendog77

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Quote from: RoadStress on May 16, 2014, 06:45:53 PM

Quote from: kendog77 on May 16, 2014, 05:18:06 PM

Quote from: jimmothy on May 16, 2014, 04:10:19 PM

Quote

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

We have 1.1W/GH since Jupiters, but the price is nice. I was expecting a higher price.

If the new chips really are around 1W/GH, the only advantage ASICMiner can possibly provide over the competition is a lower price, and there is already a race to the bottom on price.

I'm hardware agnostic, and must say that I'm very underwhelmed by the performance of these "next gen" chips if they really do use 1W/GH. I was expecting much better power efficiency.

Please tell me I'm wrong and the chips actually perform better than 1W/GH.

RoadStress

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Quote from: kendog77 on May 16, 2014, 05:18:06 PM

Quote from: jimmothy on May 16, 2014, 04:10:19 PM

Quote

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

We have 1.1W/GH since Jupiters, but the price is nice. I was expecting a higher price.

kendog77

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Activity: 742

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Quote from: jimmothy on May 16, 2014, 04:10:19 PM

Quote

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

Anotheranonlol

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Activity: 588

Merit: 504

Quote from: jimmothy on May 16, 2014, 04:10:19 PM

Quote

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

I received refund from them

Franktank

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Activity: 560

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Quote from: jimmothy on May 16, 2014, 04:10:19 PM

Quote

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Are there any fellow Chinese investors that could translate that for us? Thanks in advance, should you do so.

jimmothy

hero member

Activity: 770

Merit: 509

Quote

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

bitdude

sr. member

Activity: 277

Merit: 254

thank you guys for the graphs and numbers, interesting
just a pity that there is too much fud in here, i'm looking here from time to time to get some real news and its always quite a journey to go over everything here

the FriedcatSays twitter was great, but unfortunately, it is not only FC who comes with good info relevant to AM, so looking only at that is not good enough

anyway, cheers to you all

hdbuck

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Quote from: gogxmagog on May 15, 2014, 09:03:42 PM

any guesses as to exactly when the divs arrive?

should be around 27th of may with financial reports as Jutarul's said. but i guess you could then add 1 week or 2.. still worth waiting tho imho Grin

hdbuck

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hum considering those 3 batches, there would then be a total of 10 900 000 chips.. or 109 000 000 GH (ie. 109 PH)... in comparaison, the network is "only" 73 PH currently... WTF Shocked

Beware the FLOOD. Cheesy

gogxmagog

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Ad maiora!

any guesses as to exactly when the divs arrive?

Chris_Sabian

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Quote from: minerpumpkin on May 15, 2014, 03:22:57 PM

Quote from: ryepdx on May 15, 2014, 03:08:25 PM

Quote from: minerpumpkin on May 15, 2014, 03:00:13 PM

Yeah but it's priced in BTC, the US$ doesn't matter in this case. Please let's not start another US$ discussion.

But it's silly to assume that share value is completely isolated from the price of bitcoin. Share price *does* fluctuate with the price of bitcoin. Why do you imagine it would be otherwise? People trade BTC and fiat too, and to do that some of them have to sell Havelock shares. And the very fact that this has come up demonstrates that it at least affects trader psychology.

Yes, of course it isn't completely isolated, especially when huge fluctuations occur.
***Chris_sabian, please don't read any further***
But it doesn't make sense to claim "but hey, it's still worth a lot more valued in US$" Because if you got off at 4 BTC and just held the BTC, you'd have 8 times of what you have now.

Let's not talk this through again, I believe these discussions are one of the most re-occurring things around here (trading, mining, securities)...

Meh. Live and learn I suppose. I guess that I just missed a huge investment opportunity by 9 months (IPO until summer 2013)

mikemikemike

copper member

Activity: 224

Merit: 100

Quote from: neilol-real on May 15, 2014, 01:43:37 PM

Quote from: shawshankinmate37927 on May 15, 2014, 01:17:18 PM

Quote from: mikemikemike on May 15, 2014, 10:27:35 AM

Last two questions.

Does anyone know how much capital is retained from profits for future reinvestment?

Are there any other revenue streams apart from self mining, franchise mining and chip sales?

I don't believe any profits from Gen3 chip sales are going to be retained, thus the "aggressive" dividends. I think friedcat has enough in reserves to cover Gen4 R&D.

Nope. Those are the only revenue streams that I'm aware of.

Quote from: Jutarul on April 21, 2014, 05:25:34 PM

The dividend schedule will be aggressive, as AM will not require large sums of retained capital. The rationale is that AM doesn't need to invest large sums into infrastructure and that the majority of chip production costs will be covered by the business partners on a contract schedule. The new round of dividends are scheduled to begin as soon as the first large purchases have concluded and should precede or coincide with the publication of the updated financial statements.

Thanks for this guys. Ill be intouch with the results once I've finished the projections and put together a sizeable amount of capital. Should be tomorrowish

vortex1878

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Quote from: hdbuck on May 15, 2014, 06:14:13 PM

yea, just sharing my .xls file with exact weekly prices from havelock and stamp.. needed to do it properly by myself, no offense JonnyBitc0in Wink

-> http://sharesend.com/grfu6ryf

edit: plus, here are my divs calcs :

depending if the next due divs correspond only to batch1-april, we should get about 0,023 BTC by the end of this month.
but it can also take into account batch2-may, and we would then have >0,1 BTC for sure! Cheesy

Very nice work. Thx a lot.

After this post I thought you had gone insane.

Quote from: hdbuck on May 15, 2014, 04:19:55 PM

with current btc price, breaking AM/USD ATH would be @1BTC/share Cheesy

first time i'm even hoping for btc price to drop a little bit further... so i guess this summer will be all about timing.. Grin

But you prove you had not. Cheesy

hdbuck

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yea, just sharing my .xls file with exact weekly prices from havelock and stamp.. needed to do it properly by myself, no offense JonnyBitc0in Wink

-> http://sharesend.com/grfu6ryf

edit: plus, here are my divs calcs :

depending if the next due divs correspond only to batch1-april, we should get about 0,023 BTC by the end of this month.
but it can also take into account batch2-may, and we would then have >0,1 BTC for sure! Cheesy

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 388. (Read 3917543 times)