ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 395.

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: nycgoat on May 11, 2014, 06:52:50 AM

Quote from: minerpumpkin on May 11, 2014, 06:00:25 AM

I believe many of you are following the ROCKMINER thread, but just in case: They just released the specifications for their first product. Sales seem to be starting shortly/now(!?) as well. When considering the power consumption, keep in mind this is a nominal consumption and it includes the whole miner hardware and fan. Furthermore it only features 4 chips, so the whole overhead may again be significantly less when it comes to large scale mining boards. Gen 3 hardware is beginning to ship! Awesome, huh?

https://bitcointalksearch.org/topic/m.6667896

Quote from: rockxie on May 11, 2014, 05:49:45 AM

RockMiner,R-BOX, Open National Mining Times again!

After working days and nights, R-BOX, RockMiner's virgin product is coming now, is aiming to be comfortable, convenient and high efficient. National mining is so close, are you ready?

R-BOX characteristics
Small and cute, mining at home, office etc, easily to be transferred;
Low noise, will not disturb yourselves and neighbors, mining with working together;
Easy to install, only normal power supply and USB line are necessary;
Simple operation, three steps, means one minute then machine is working.

Technical Specifications
Effective Hash Rate:around 32GH/S
AM ASIC:4* AM Gen3.TSMC40nm
Mining Software:CGMiner
Machine Size:90mm(L)*90mm(W)*70mm(H)
Cooling:Air Cooling system
Power Supply:12V,5A adapter
Power Interface:DC2.5
Nominal Power Consumption:around 40W
Ambient Operating Temperature:10°~35°C (50°~95°F)
https://twitter.com/RockMinerInc

Weixin: pzj2870 or Alexsuct
Email: [email protected] or [email protected]

Just saw that and ran some quick numbers. Payback is questionable even with 25% difficulty increase per month and cheap power...

Let's hope that the overhead is cheaper for larger miners.

40W is in the range of solar panels and batteries if you really want to go green

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: nycgoat on May 11, 2014, 06:52:50 AM

Just saw that and ran some quick numbers. Payback is questionable even with 25% difficulty increase per month and cheap power...

Let's hope that the overhead is cheaper for larger miners.

What retail price are your calculations based on?
A monthly increase of 25% is rather optimistic. I guess we should consider at least 75%.

nycgoat

member

Activity: 117

Merit: 10

Quote from: minerpumpkin on May 11, 2014, 06:00:25 AM

I believe many of you are following the ROCKMINER thread, but just in case: They just released the specifications for their first product. Sales seem to be starting shortly/now(!?) as well. When considering the power consumption, keep in mind this is a nominal consumption and it includes the whole miner hardware and fan. Furthermore it only features 4 chips, so the whole overhead may again be significantly less when it comes to large scale mining boards. Gen 3 hardware is beginning to ship! Awesome, huh?

https://bitcointalksearch.org/topic/m.6667896

Quote from: rockxie on May 11, 2014, 05:49:45 AM

RockMiner,R-BOX, Open National Mining Times again!

After working days and nights, R-BOX, RockMiner's virgin product is coming now, is aiming to be comfortable, convenient and high efficient. National mining is so close, are you ready?

R-BOX characteristics
Small and cute, mining at home, office etc, easily to be transferred;
Low noise, will not disturb yourselves and neighbors, mining with working together;
Easy to install, only normal power supply and USB line are necessary;
Simple operation, three steps, means one minute then machine is working.

Technical Specifications
Effective Hash Rate:around 32GH/S
AM ASIC:4* AM Gen3.TSMC40nm
Mining Software:CGMiner
Machine Size:90mm(L)*90mm(W)*70mm(H)
Cooling:Air Cooling system
Power Supply:12V,5A adapter
Power Interface:DC2.5
Nominal Power Consumption:around 40W
Ambient Operating Temperature:10°~35°C (50°~95°F)
https://twitter.com/RockMinerInc

Weixin: pzj2870 or Alexsuct
Email: [email protected] or [email protected]

Just saw that and ran some quick numbers. Payback is questionable even with 25% difficulty increase per month and cheap power...

Let's hope that the overhead is cheaper for larger miners.

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

I believe many of you are following the ROCKMINER thread, but just in case: They just released the specifications for their first product. Sales seem to be starting shortly/now(!?) as well. When considering the power consumption, keep in mind this is a nominal consumption and it includes the whole miner hardware and fan. Furthermore it only features 4 chips, so the whole overhead may again be significantly less when it comes to large scale mining boards. Gen 3 hardware is beginning to ship! Awesome, huh?

https://bitcointalksearch.org/topic/m.6667896

Quote from: rockxie on May 11, 2014, 05:49:45 AM

RockMiner,R-BOX, Open National Mining Times again!

After working days and nights, R-BOX, RockMiner's virgin product is coming now, is aiming to be comfortable, convenient and high efficient. National mining is so close, are you ready?

R-BOX characteristics
Small and cute, mining at home, office etc, easily to be transferred;
Low noise, will not disturb yourselves and neighbors, mining with working together;
Easy to install, only normal power supply and USB line are necessary;
Simple operation, three steps, means one minute then machine is working.

Technical Specifications
Effective Hash Rate:around 32GH/S
AM ASIC:4* AM Gen3.TSMC40nm
Mining Software:CGMiner
Machine Size:90mm(L)*90mm(W)*70mm(H)
Cooling:Air Cooling system
Power Supply:12V,5A adapter
Power Interface:DC2.5
Nominal Power Consumption:around 40W
Ambient Operating Temperature:10°~35°C (50°~95°F)
https://twitter.com/RockMinerInc

Weixin: pzj2870 or Alexsuct
Email: [email protected] or [email protected]

ryepdx

hero member

Activity: 714

Merit: 500

Quote from: Chris_Sabian on May 10, 2014, 10:20:57 PM

I guess that I didn't realize only selling what you physically have in your possession was such an important concept.

Bone up on the history of the mining companies around here. ASICMINER is the only one that's never taken "preorder" money, AFAIK. Selling only what you physically have in your possession is very unusual in this industry.

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: antirack on May 10, 2014, 09:56:30 PM

All the drama with the other companies (not only in the US) has made me realize what an outstanding job AM is doing.

Here is a summary (and we can probably add a lot more drama we have seen in the past few years) in the Cointerra Class Action Lawsuit Thread:
https://bitcointalksearch.org/topic/m.6562741

What stands out that AM has avoided all that. Never took orders for a product not in stock (and hence never under-delivered), never did cannibalistic crowd funding, survived a couple of setbacks, and is still at it). I also posted this over there.

I guess that I didn't realize only selling what you physically have in your possession was such an important concept.

antirack

hero member

Activity: 489

Merit: 500

Immersionist

All the drama with the other companies (not only in the US) has made me realize what an outstanding job AM is doing.

Here is a summary (and we can probably add a lot more drama we have seen in the past few years) in the Cointerra Class Action Lawsuit Thread:
https://bitcointalksearch.org/topic/m.6562741

What stands out that AM has avoided all that. Never took orders for a product not in stock (and hence never under-delivered), never did cannibalistic crowd funding, survived a couple of setbacks, and is still at it). I also posted this over there.

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: RoadStress on May 10, 2014, 04:58:25 PM

Are we waiting for gen3.1 or still for gen3 chips?

There's no difference in production time. AFAIK they simply enlarge an area when packaging the chip or something similar in order to get rid of the heat better. There's no change in the circuits themselves, so no tapeout, test batches or anything. Like when you ordered 100 cars and before/while they are being made you tell the factory to paint them in another color.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: _mr_e on May 10, 2014, 09:24:21 AM

Quote from: jdany on May 10, 2014, 09:14:58 AM

So very quiet. Palpable anxiousness.

It's all very odd isn't it? Chips have been shipped out on mass and yet anybody who doesn't follow the AM threads appears to have no idea. After some dividends begin rolling we should see the forums light up like they did last time Friedcat was "making it rain". We've waiting this long but somehow this month is the most painful. Only 17 more days.

How many chips have been shipped out? The promised 850k or just the 23k to rockxie?

Are we waiting for gen3.1 or still for gen3 chips?

ryepdx

hero member

Activity: 714

Merit: 500

ASICMINER's always been like this, which is why I'm holding. They tend to be low on communication, but they've got a good track record of getting the job done and bringing value to shareholders. I kinda like it this way, since it helps prevent the price from getting overinflated due to hype. Better than the companies out there who are all talk and no results, at any rate.

Of course, this is still all a gamble. But I was a shareholder last year and I have fond memories of the dividends we were getting back then. Looking forward to the return of those, even if they are only going to come once a month now.

necro_nemesis

full member

Activity: 224

Merit: 100

prancing_around

newbie

Activity: 30

Merit: 0

If divs continue to be distributed on Wednesdays then we'll have to wait another day, as the 27th is a Tuesday.

_mr_e

legendary

Activity: 817

Merit: 1000

Quote from: jdany on May 10, 2014, 09:14:58 AM

So very quiet. Palpable anxiousness.

It's all very odd isn't it? Chips have been shipped out on mass and yet anybody who doesn't follow the AM threads appears to have no idea. After some dividends begin rolling we should see the forums light up like they did last time Friedcat was "making it rain". We've waiting this long but somehow this month is the most painful. Only 17 more days.

jdany

hero member

Activity: 644

Merit: 500

Inspired

So very quiet. Palpable anxiousness.

necro_nemesis

full member

Activity: 224

Merit: 100

Quote from: gomei on May 09, 2014, 05:44:13 AM

Quote from: triptamine on May 08, 2014, 08:57:34 AM

Quote from: nycgoat on May 08, 2014, 08:00:22 AM

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

He did indeed. Second hand, and stated as a probability, but still..

From Jutarul's q&a session with him:

"2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
re 2) Most likely yes."

really hard to wait.

https://bitcointalksearch.org/topic/m.6238308

Sage advice.

gomei

hero member

Activity: 770

Merit: 500

Quote from: triptamine on May 08, 2014, 08:57:34 AM

Quote from: nycgoat on May 08, 2014, 08:00:22 AM

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

He did indeed. Second hand, and stated as a probability, but still..

From Jutarul's q&a session with him:

"2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
re 2) Most likely yes."

really hard to wait.

necro_nemesis

full member

Activity: 224

Merit: 100

For benefit of all you people with ADD please read past the first line of the Q/A. This link was just provided three or four posts ago. Jutarul sits on the board and is kind enough to liaise between the investors on here, FC and the board. I would highly recommend listening to what he has to say when he infrequently posts this kind of valuable information.

https://bitcointalksearch.org/topic/m.6465166

triptamine

newbie

Activity: 12

Merit: 0

Quote from: nycgoat on May 08, 2014, 08:00:22 AM

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

He did indeed. Second hand, and stated as a probability, but still..

From Jutarul's q&a session with him:

"2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
re 2) Most likely yes."

nycgoat

member

Activity: 117

Merit: 10

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

372174788

newbie

Activity: 29

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Quote from: RoadStress on May 07, 2014, 07:38:04 PM

Quote from: whalezy on May 07, 2014, 09:38:18 AM

Quote from: minerpumpkin on May 07, 2014, 07:21:16 AM

Who receives the rest of the 850k chips? What do we know/assume?

A big miner producer called "Hashratio" in China also has received a huge amount of Gen3 chips. However, they are focused on self-mining and huge clients, so many people don't know their existence.

So after selling 850k chips when will people get dividends from them?

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.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 395. (Read 3917543 times)