Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 579. (Read 3917468 times)
November 23, 2013, 09:39:14 AM
are is the 200 BTC order at .47 manipulation or did i miss something?
November 23, 2013, 09:21:41 AM
Let's assume the profit margin is 80% and all cubes could be sold at 1 BTC, then 7200 / 400000 = 0.018. Considering this could be all hardware sales left in the rest of 2013, it seems not so impressing (0.018 / 5 = 0.0036 and we all know that the mining income is negligible now). Is there any information about what's the next hardware after cube?
Costs have already been paid for, there is no way shipping is 20% of that price.The 1/3 that have already sold were most definitely sold over 1 btc, probably closer to 1.5. So, the figure for the sales already may be 4500 btc. If the remaining 6000 can average more than .8 btc each, we are looking at another 4800 btc, for a grand total over 9000 btc (.0225 per share) If that's spread out evenly over 5 weeks (I doubt it will be), that's .0045 per week.
November 23, 2013, 09:06:53 AM
FC said 9000 cubes, and they are charging at least 1 btc for each cube, so yeah, 9000 btc for the total is possible. That also means that at least ~3000 btc worth of cubes have been sold already.
Let's assume the profit margin is 80% and all cubes could be sold at 1 BTC, then 7200 / 400000 = 0.018. Considering this could be all hardware sales left in the rest of 2013, it seems not so impressing (0.018 / 5 = 0.0036 and we all know that the mining income is negligible now). Is there any information about what's the next hardware after cube?
November 23, 2013, 09:01:15 AM
FC said 9000 cubes, and they are charging at least 1 btc for each cube, so yeah, 9000 btc for the total is possible. That also means that at least ~3000 btc worth of cubes have been sold already.
3000 btc is .0075 per share.
3000 btc is .0075 per share.
November 23, 2013, 08:57:55 AM
What, 9000? There's no way that could be right.
Update
Current Hardware Sales
The number of cubes left for sale/deployment is 9000. About 1/3 are ordered already. All older devices (USBs/new blades) are sold out.
Current Hardware Sales
The number of cubes left for sale/deployment is 9000. About 1/3 are ordered already. All older devices (USBs/new blades) are sold out.
November 23, 2013, 08:51:33 AM
10-21-2013 AM was 1.06 a share. Lets hope it can get there again soon.
November 23, 2013, 08:43:08 AM
At this point I'm baffled that share price is even at this measly 0.4BTC price point.
Well, the mining wallet has already 278.67567769 BTC.
For the last dividend 329.70382331 BTC were transfered from the mining wallet.
Mining wallet @ 354, now.
Yes, plus there is at least 9000 btc incoming from cube sales. Preorder? Yeah, a preorder that pays you nice divs while waiting for the motherload.
9000 BOX <> 9000BTC.
November 23, 2013, 07:41:25 AM
At this point I'm baffled that share price is even at this measly 0.4BTC price point.
Well, the mining wallet has already 278.67567769 BTC.
For the last dividend 329.70382331 BTC were transfered from the mining wallet.
Mining wallet @ 354, now.
Yes, plus there is at least 9000 btc incoming from cube sales. Preorder? Yeah, a preorder that pays you nice divs while waiting for the motherload.
November 23, 2013, 07:19:10 AM
At this point I'm baffled that share price is even at this measly 0.4BTC price point.
Well, the mining wallet has already 278.67567769 BTC.
For the last dividend 329.70382331 BTC were transfered from the mining wallet.
Mining wallet @ 354, now.
November 23, 2013, 07:12:53 AM
Well basically buying now is doing a Gen3 preorder. It isn't entirely wrong - but it is risky.
Unless I'm missing some of what you're saying, Vycid?
Unless I'm missing some of what you're saying, Vycid?
Do you remember the press release from eASIC/ActM and the market reaction and trading afterwards? Kinda reminds me of that.
If you see any connection between ActM and AM, I really don't know what to say apart from one was a complete buffoon operation and the other is the opposite.
One will be starting to hast at the of the month and the other is still trying to figure out what route it will take?
So you are saying ActM has currently mined 0 bitcoins? If so, its not a great track record compared with AM.
Or should we compare the IPOs? I was there when Ken couldn't tell his arse from his elbow when attempting to IPO. Completely clueless.
As for "still trying to figure out what route to take", sorry, lost me there .... the AM path is pretty well mapped out.
November 23, 2013, 05:22:45 AM
Well basically buying now is doing a Gen3 preorder. It isn't entirely wrong - but it is risky.
Unless I'm missing some of what you're saying, Vycid?
Unless I'm missing some of what you're saying, Vycid?
Do you remember the press release from eASIC/ActM and the market reaction and trading afterwards? Kinda reminds me of that.
If you see any connection between ActM and AM, I really don't know what to say apart from one was a complete buffoon operation and the other is the opposite.
One will be starting to hast at the of the month and the other is still trying to figure out what route it will take?
November 23, 2013, 04:13:45 AM
What's the final watt/G on wall for the miner do you think. Take the Bitmain's data as an example: their chips are 0.68J/GH and the miner is 2watt/G. The AM Gen3 is less than 0.2J/GH, what will be the value of the miner? Is it more like 2 / 3.5 = 0.57 Watt/G, or more like 0.2 + (2 - 0.68) = 1.52 Watt/G, or something in between?
Anyway, the Gen1 is around 7.5Watt/G, so at least there will be 80% reduction. In other words, if AM replaces all the chips in old data center, the hashing rate will increase from 60T to 300T. (Not saying this is important, but just trying to answer a question asked couple of posts before).
Anyway, the Gen1 is around 7.5Watt/G, so at least there will be 80% reduction. In other words, if AM replaces all the chips in old data center, the hashing rate will increase from 60T to 300T. (Not saying this is important, but just trying to answer a question asked couple of posts before).
November 23, 2013, 03:04:40 AM
"<0.2W per G on low power mode and <0.2$ per G on wafer cost. "
Can someone let us know how this fares against the best competition around at the moment? thx
Can someone let us know how this fares against the best competition around at the moment? thx
Hard to say since most of the ASIC companies seems to be focusing on max OC with their chips atm and no one has really posted max efficiency numbers. I would imagine cointerra would get similar results if they tried undervolting their chips, the question is always how much hashrate you have to give up to get there.
November 23, 2013, 12:32:07 AM
good news
November 22, 2013, 11:05:29 PM
Well basically buying now is doing a Gen3 preorder. It isn't entirely wrong - but it is risky.
Unless I'm missing some of what you're saying, Vycid?
Unless I'm missing some of what you're saying, Vycid?
Do you remember the press release from eASIC/ActM and the market reaction and trading afterwards? Kinda reminds me of that.
If you see any connection between ActM and AM, I really don't know what to say apart from one was a complete buffoon operation and the other is the opposite.
November 22, 2013, 11:03:57 PM
Well basically buying now is doing a Gen3 preorder. It isn't entirely wrong - but it is risky.
Unless I'm missing some of what you're saying, Vycid?
Unless I'm missing some of what you're saying, Vycid?
Do you remember the press release from eASIC/ActM and the market reaction and trading afterwards? Kinda reminds me of that.
Oh, yeah. I do remember. I never really even bothered posting in those threads because there was no thinking, just reacting.
Here people at least took the time to try to argue with me before calling me names.
November 22, 2013, 10:58:34 PM
Well basically buying now is doing a Gen3 preorder. It isn't entirely wrong - but it is risky.
Unless I'm missing some of what you're saying, Vycid?
Unless I'm missing some of what you're saying, Vycid?
Do you remember the press release from eASIC/ActM and the market reaction and trading afterwards? Kinda reminds me of that.
November 22, 2013, 10:54:34 PM
Well basically buying now is doing a Gen3 preorder. It isn't entirely wrong - but it is risky.
Unless I'm missing some of what you're saying, Vycid?
Unless I'm missing some of what you're saying, Vycid?
It's not like that, really.
This is a company, not a commodity. ASICMiner could have a TERRIFIC Gen 3 product and still have profit margins one or two orders of magnitude slimmer than they did for Gen 1. That's the myopia here... Have you guys forgotten ASICMiner's first blades were auctioned off at 75BTC each? What do you suppose the profit margin was on that, 1000%? 10000%?
There's too much looking at the past, saying "Oh, 0.4BTC is a great price, it traded at 5BTC once!"
The reality of the situation is that 0.4BTC isn't a great price.
And this reality is exactly what I was talking about all those months ago when I said, over and over, the profit margins would not hold.
Basically, if everything goes great, I can see 0.3BTC a share in a few months - it remains my long term price target, seeing as there was no doomsday announcement. If not, there's no telling how low things can go.
November 22, 2013, 10:43:04 PM
This is going to work out perfect. Dividends will dry up almost completely well before Gen3 is ready. Share prices will tend to zero, and I can pick up 100 more shares under a bitcoin in total 
And until then, as usual, there will be several rounds of people trying to pump the stock because they traded on sentiment and bought before the bottom.
Stick to the numbers. Bitcoins you cannot easily value. Companies are different.
November 22, 2013, 09:59:33 PM
This is going to work out perfect. Dividends will dry up almost completely well before Gen3 is ready. Share prices will tend to zero, and I can pick up 100 more shares under a bitcoin in total
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