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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 447. (Read 3917543 times)

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
That rockminer IPO is something else didn't even launch to complete itself  Cheesy

Wonder who bought all the shares in Pre-IPO only a 36 hour old thread
legendary
Activity: 826
Merit: 1004
But AM has their crazy immersion cooling setup... Why would they want to let all that investment go to waste?

Too expensive apparently.


6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?

    Mainly are cooling,immersion cooling is too expensive.



Mabsark, how is that even relevant.
Rockxie was talking about himself not implementing immersion cooling because it is expensive.
_mr_e was referring to AsicMiner, who already has immersion cooling already setup and ready to go.

Your answer is the biggest non-sequitur I've seen in 2014 so far.
Congrats.

I'm not claiming that AM will not be using immersion cooling, I was simply answering the question which was posed. Rockxie said immersion cooling is too expensive so that would be a very valid reason not to use it. I suggest you pay more attention to what you read.
donator
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
But AM has their crazy immersion cooling setup... Why would they want to let all that investment go to waste?

Too expensive apparently.


6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?

    Mainly are cooling,immersion cooling is too expensive.



Mabsark, how is that even relevant.
Rockxie was talking about himself not implementing immersion cooling because it is expensive.
_mr_e was referring to AsicMiner, who already has immersion cooling already setup and ready to go.

Your answer is the biggest non-sequitur I've seen in 2014 so far.
Congrats.
sr. member
Activity: 242
Merit: 250
But AM has their crazy immersion cooling setup... Why would they want to let all that investment go to waste?

Too expensive apparently.


6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?

    Mainly are cooling,immersion cooling is too expensive.



don't think so, AM is monster
hero member
Activity: 770
Merit: 509
But AM has their crazy immersion cooling setup... Why would they want to let all that investment go to waste?

Too expensive apparently.


6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?

    Mainly are cooling,immersion cooling is too expensive.



Is renting a massive datacenter to air cool 1MW worth of hardware really better than a nice little efficient immersion cooled datacenter that can fit in a storage container?

FC already said the immersion cooled datacenter will be used and it will be more than 1PH. That is in addition to the air cooled datacenter and franchising.
legendary
Activity: 826
Merit: 1004
But AM has their crazy immersion cooling setup... Why would they want to let all that investment go to waste?

Too expensive apparently.


6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?

    Mainly are cooling,immersion cooling is too expensive.

sr. member
Activity: 800
Merit: 250
I hope ASICMINER has like 1 PH/s online hashing for shareholders before Rockminer gets 1 single chip. 

That should be the case in a perfect world but hey, only time will tell

...Unless it's more profitable to sell the chips.
hero member
Activity: 658
Merit: 500
I hope ASICMINER has like 1 PH/s online hashing for shareholders before Rockminer gets 1 single chip. 

That should be the case in a perfect world but hey, only time will tell
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
I hope ASICMINER has like 1 PH/s online hashing for shareholders before Rockminer gets 1 single chip. 
sr. member
Activity: 378
Merit: 250
But AM has their crazy immersion cooling setup... Why would they want to let all that investment go to waste?

Seems like something very important happened before the New Year in ASICminer and it completely changed the direction of the company.

from rockminer.com site :

Quote
In November 2013, the team of ROCKMINER is founded with members who have rich experiences in software and hardware R&D, production and sale.

^^ maybe this was a part of that internal revolution inside the ASICminer, which was discussed here in past?

also looking at Friedcat last post count :

September - 9 posts
October - 4 posts
---break---
November - 1 post : "The projected time of taping out of Gen3 is January 20."
legendary
Activity: 817
Merit: 1000
But AM has their crazy immersion cooling setup... Why would they want to let all that investment go to waste?
legendary
Activity: 2996
Merit: 1136
Leading Crypto Sports Betting & Casino Platform

I predict that AM will get out of mining altogether, and will move to a B2B chip seller.

It is a possibility but we will need to wait for Friedcat to make an announcement to that effect
full member
Activity: 432
Merit: 100
The rock miner ipo is only offering a pretty small amount of shares to the public(approx 20%). I think Rockxie should disclose if other board members/bitfountain have an interest in the remaining 60,000 shares held outside of the public offering or if it is just him.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Update

The first wafers were out in March 22th. The engineering batch of packaged chips will be out in March 28th. After that we can immediately start testing on functionality and power consumption.

Woot thanks for the update!

Well, we now know how rockxie will be paying for all the chips! https://bitcointalk.org/index.php?topic=528464.new#new.

WAIT WHAT!
Now I am interested in this IPO thanks for posting this aahz
Conflicted with where to put the BTC now well hopefully it turns out better than Smidge did anyways I need to do more research into the data myself so
Tentative Opinion
KS
sr. member
Activity: 448
Merit: 250
https://www.havelockinvestments.com ?

Don't have a CAPTCHA but I can't always get to the login page (goes back to the front page).

That kept happening to me too. Solution, add this to your favourites: https://www.havelockinvestments.com/login.php

Ha! I like a simple workaround Smiley

Hasn't happened to me before this week-end or since, but I'll keep that in mind.

Cheers.
KS
sr. member
Activity: 448
Merit: 250
I am interested in RM's IPO. However, I am wondering if there is a interests conflicting with AM. As in RM's IPO announcement, as AM's board member, RM will buy chips from AM directly. So how the price of the chip will be decided? If the price is too low, the benefits of AM shareholders will be impaired. If the price is high, the margin of RM's profit will be low. How Rockxie or friedcat would handle this issue?

I don't think we'll know, unless FC informs the board members this side of BitFountain. We might guess it (or not) from the quarterly reports, but it's still a very opaque operation.
member
Activity: 69
Merit: 10
I am interested in RM's IPO. However, I am wondering if there is a interests conflicting with AM. As in RM's IPO announcement, as AM's board member, RM will buy chips from AM directly. So how the price of the chip will be decided? If the price is too low, the benefits of AM shareholders will be impaired. If the price is high, the margin of RM's profit will be low. How Rockxie or friedcat would handle this issue?
full member
Activity: 432
Merit: 100
That's the reason I was asking. If we aren't focused on mining anymore. Revenue and then dividends will be very lumpy.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
How do you think this would work regarding dividends?

Irregular, infrequent, and MASSIVE.  Valuing AM will become much harder then it is already, and it is currently very hard.
legendary
Activity: 1008
Merit: 1000
This business is named after a current AM board member, so I would say current board members are involved.

This business is good for AM as it allows friedcat to focus the business and make the best chip possible.  From what I understand making the board and selling them are easier to do, but they have their own logistical issues.  I think this setup is of mutual benefit.

I do not think this will be a franchise per say, as they will be using their own boards not AM boards, just am chips.

I predict that AM will get out of mining altogether, and will move to a B2B chip seller.

How do you think this would work regarding dividends?
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