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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 473. (Read 3917543 times)

full member
Activity: 146
Merit: 100
New block found Cheesy

 Smiley   Wink  Oh no, that's just variance!  Nothing to see here...  move along...  Tongue   (Placing buy orders..)
member
Activity: 103
Merit: 10
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.

I don't really get the implications of this.

Sorry, apparently my english needs improvement. Please allow me to make it clear.
In China, Rockxie was the exclusive distributer for AM's former miners, such as usb miner, blade, cube and etc.
Rockxie has just announced that he will produce his own mining products which would employ AM's Gen3 chips.
I think AM will be a pure chip supplier and they would not produce their own mining machine in the forseeable future.
hero member
Activity: 924
Merit: 1000
hero member
Activity: 756
Merit: 500
looking forward to a summary, especially some input on comparison to the competition.
hero member
Activity: 560
Merit: 500
TL;DR he is solid trustworthy

I don't think anyone here who has held shares would disagree but this isn't about that. IPO investors who entrusted him with 500 BTC (~$5000 at the time) for a board seat (5000 shares) are now millionaires, go back and read that for yourselves. However, the question that many people here (speculators and soon-to-be shareholders) are wondering:

Q: Is it more profitable to

1) just hold BTC
2) spend BTC to buy mining gear that is "ahead of the curve"
3) spend BTC to buy shares in mining company that develops and sells their own hardware

It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC.


legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
TL;DR he is solid trustworthy
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Needless to say my summary is going to be a bit late, other things got in the way and I underestimated the task of going through all the information available.  Going through friedcat's posts chronologically has however lead me to understand an interesting story about how he got to where he was, first just looking at and evaluating mining bonds, to offering a kind of mining security comprised of different assets listed on GLBSE to then finally starting up his own company with some friends.  Obviously there is more to it then that, but if anyone is bored I would highly encourage reading some old posts and seeing this story unfold for yourself.
I've done that myself before its quite the fun past time if you feel like reading the history  Cool
full member
Activity: 224
Merit: 100
Sounds like he has a lot of irons in the fire. I'm sure when there's something significant to report it will be reported. Until then there's probably no merit other than pacifying the rest of us.

It would be beneficial to have a synopsis of how we arrived at this point for sure.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Needless to say my summary is going to be a bit late, other things got in the way and I underestimated the task of going through all the information available.  Going through friedcat's posts chronologically has however lead me to understand an interesting story about how he got to where he was, first just looking at and evaluating mining bonds, to offering a kind of mining security comprised of different assets listed on GLBSE to then finally starting up his own company with some friends.  Obviously there is more to it then that, but if anyone is bored I would highly encourage reading some old posts and seeing this story unfold for yourself.

Awaiting your summary, looking forward to it! Yeah, friedcat's posts are interesting, unfortunately there's fewer and fewer material coming up the last months.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Needless to say my summary is going to be a bit late, other things got in the way and I underestimated the task of going through all the information available.  Going through friedcat's posts chronologically has however lead me to understand an interesting story about how he got to where he was, first just looking at and evaluating mining bonds, to offering a kind of mining security comprised of different assets listed on GLBSE to then finally starting up his own company with some friends.  Obviously there is more to it then that, but if anyone is bored I would highly encourage reading some old posts and seeing this story unfold for yourself.
hero member
Activity: 770
Merit: 509
Have they announced who is going to distribute their products for the US?

Will likely be many places. AM said they would only sell small batches of working miners and mostly focus on chip sales. So we will probably see a bunch of miners using their chips.

For the small batches I have no idea how they will be distributed. They seem to just randomly pop up. The cube was first seen on wtcr.ca and taobao so who knows.
full member
Activity: 195
Merit: 100
Have they announced who is going to distribute their products for the US?
sr. member
Activity: 252
Merit: 250
Now I can buy 1.2TH machine with 28nm Bitmine A1 chips for the price of 4800$, so depend of the prices...
What's the power rating on one of those?

Quite high Sad

System specifications
    Power consumption: 1 Watt/GH
    PSU: 2 x High Performance 750W Power Supply

Hope AsicMiner will be much better with lower consumption...  Huh
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
From the translation of http://cybtc.com/article-655-1.html:
Quote
he has created a baked cat mining machine

If I didn't knew what they're talking about, I'd now be worried...

I love AM translations &_&
But let us bake cats in a mining machine in particularly inside a small baked cat strong mining machine using third-generation 40nm chip lol

Man I love these translations at times though XD
We are the baked cat talk forum guys ^_^
January 29, 2014 baked cat talk Forum announced the third generation of chip news.
hero member
Activity: 924
Merit: 1000
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.

I don't really get the implications of this.
legendary
Activity: 1008
Merit: 1000
News from a Chinese miner forum:http://cybtc.com/article-655-1.html
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
The sample miner will be availble in April and the chips would be AM's Gen3.
specification: AM gen3 chips, 40nm, 1TH, 500W.
I would like to purchase 4 of them...
Now I can buy 1.2TH machine with 28nm Bitmine A1 chips for the price of 4800$, so depend of the prices...

What's the power rating on one of those?
sr. member
Activity: 252
Merit: 250
News from a Chinese miner forum:http://cybtc.com/article-655-1.html
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
The sample miner will be availble in April and the chips would be AM's Gen3.
specification: AM gen3 chips, 40nm, 1TH, 500W.
I would like to purchase 4 of them...
Now I can buy 1.2TH machine with 28nm Bitmine A1 chips for the price of 4800$, so depends of their prices...
legendary
Activity: 896
Merit: 1001
News from a Chinese miner forum:http://cybtc.com/article-655-1.html

Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
The sample miner will be availble in April and the chips would be AM's Gen3.

specification: AM gen3 chips, 40nm, 1TH, 500W.

I would like to purchase 4 of them...
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
From the translation of http://cybtc.com/article-655-1.html:
Quote
he has created a baked cat mining machine

If I didn't knew what they're talking about, I'd now be worried...
hero member
Activity: 837
Merit: 1000
Kamoom . First asic mining are already leased or deployed , we all have seen the the network test a few days ago Smiley)
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