Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 398. (Read 3917543 times)
The Rockminer has confirmed that they have received 23k chips( 0.23P) .
https://blockchain.info/charts/hash-rate
Could it be...
Could it be...
Another decent sell off on Havelock 
news or just jittery holders?
news or just jittery holders?
We really won't know what sort of BTC or Fiat AM has reserved for the chip orders until the financial report comes out. It could be that was the largest order AM had funds for or it could be a capacity issue at the foundry where they make the chips. I don't know anymore than anyone else.
The larger the first batch the better since those chips will likely fetch the highest per chip price.
Why is June order planned to be so much larger than May? They started production in late April. Does AM need the revenue to finance June's order? Being where they initially entered this market I'd assume no. If anything to avoid setup costs and take advantage of volume discounts you'd run Apr, May and June at once then apportion out the product at the rate which maximizes returns. If you're on your game you set the rules.
IMHO Divs will take time to accumulate.
AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.
AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.
The competition isn't dumping product because they're afraid of AM. It's just that the market price of miners will only go down as the network size increases. They gain nothing by holding onto product. AM needs to start selling its chips too.
The larger the first batch the better since those chips will likely fetch the highest per chip price.
IMHO Divs will take time to accumulate.
AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.
AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.
That's almost poetic!
IMHO Divs will take time to accumulate.
AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.
AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.
It's been a long time since last dividend.. Hope they start paying again soon.
There's three potential revenue streams for AM the first of which I assume to be chip sales and based on the initial order size I would assume divs to only reflect that small order size. The other two forms of revenue would still likely be in the build phase.
To be fair a dividend, if any, would still be tiny no? There's a point where it's not really worth it because of dust rules and transaction fees when you try to spend the inputs.
A little shuffling of funds before tomorrow's dividend? Money moved yesterday from the mining wallet:
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
Heh.. we are in for a surprise
So ASICminer took out last 25BTC from mining wallet without any explanation, and you guys call it "actually good news" ? Yeah, Bitcoinland
Personally I am in, because I stuck here 1 year ago.Not to belabor your pessimism, but this was the pattern, long months ago, when the big dividends would fly - btc movement, sales wallets, too... and then joy to all share-hodlers.
A little shuffling of funds before tomorrow's dividend? Money moved yesterday from the mining wallet:
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
Heh.. we are in for a surprise
So ASICminer took out last 25BTC from mining wallet without any explanation, and you guys call it "actually good news" ? Yeah, Bitcoinland
Personally I am in, because I stuck here 1 year ago. 
A little shuffling of funds before tomorrow's dividend? Money moved yesterday from the mining wallet:
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
Heh.. we are in for a surprise
A little shuffling of funds before tomorrow's dividend? Money moved yesterday from the mining wallet:
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
Something's happening. ROCKMINER really seems to make progress. I wonder when they'll be ready to enter mass production!
https://twitter.com/RockMinerInc/status/463350124803260416
https://twitter.com/RockMinerInc/status/463350124803260416
That seems to be a big radiator for just a few chips.
Well, that setup consumes at least 140W, some people claim even more. That's 1.5 good old lightbulbs you need to cool. Radiators don't account for that much of the price, so why settle for less, especially in first iterations of the miner? The cooler the better.
edit: I was wrong. This is the 4 chip solution. So at least 24W, but the fan size really is just a normal case fan. The gridseed miners look a lot like this.
4 chips only? Hardly seems worth the trouble of wiring it all up and having that much space taken up. Who are these aimed at? N00bs?
Depends on the price. Everyone should be able to mine.
Something's happening. ROCKMINER really seems to make progress. I wonder when they'll be ready to enter mass production!
https://twitter.com/RockMinerInc/status/463350124803260416
https://twitter.com/RockMinerInc/status/463350124803260416
That seems to be a big radiator for just a few chips.
Well, that setup consumes at least 140W, some people claim even more. That's 1.5 good old lightbulbs you need to cool. Radiators don't account for that much of the price, so why settle for less, especially in first iterations of the miner? The cooler the better.
edit: I was wrong. This is the 4 chip solution. So at least 24W, but the fan size really is just a normal case fan. The gridseed miners look a lot like this.
4 chips only? Hardly seems worth the trouble of wiring it all up and having that much space taken up. Who are these aimed at? N00bs?
Friedcat is not really known for
The dates we had so far have only been projections and estimates.
OPEX would be about 20-30% cheaper for me
What exactly are you comparing?
I'm in a densely populated, high electric cost area. The tanks would look much better if I lived, say, in Washington state.
If you are in a densely populated area 6 tanks with 1.2MW total would take a lot less space than dozens of racks?
And in a place like Washington with $0.02/kWh cooling would be relatively small, no matter you pay a lot or a little?
Sorry, looks like I fat fingered the calculation - redone it and it shows the OPEX in a DC to be about 2.25x that of the tank!
But that includes rent and 24/7 security, which is not included in the OPEX of the tank (and I have no idea how much it would be for good 24/7 security).
Electricity here is ten times the cost of a place like Washington state but the rent is only about double (by the looks of it). Depending how big your racks are, the rent might not play too big a role or even be cheaper here (you can stack more than with containers/tanks). Containers look like the 40ft type.
Also, it is probably easier and faster to deploy 55 racks in a DC (already setup, not owned, because of the 2-3x reduction in electricity costs) than a tank here, and that's also to consider for bitcoin. Of course, after you have your massive electricity installation deployed, it's another story. (you can't get that much power everywhere and it costs a good amount of money to install the necessary transformers and a few months before actual deployment)
So, meh. For now.
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