ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 712.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: hlynur on September 13, 2013, 09:10:06 AM

from a miner's perspective it's simple maths to put money in a preorder right now instead of waiting and hoping for a good offer by AsicMiner.

I think there are some BFL customers that would disagree with that statement.

Do you really want to wait and hope that your order arrives in a reasonable amount of time? Or would you rather have cash in hand for the next several months?

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: conv3rsion on September 13, 2013, 09:46:02 AM

Quote from: hlynur on September 13, 2013, 09:10:06 AM

I have to admit that after I've read about the recent release of another model by cointerra competition is quite heavy atm. especially if i look at projected profits (http://decentralizedhashing.com/bitcoin-mining-equipment-table/)
from a miner's perspective it's simple maths to put money in a preorder right now instead of waiting and hoping for a good offer by AsicMiner.
A little update how 2nd gen development is going really wouldn't hurt right now.

LOL. Doing simple math reveals that even if cointerra ships mid dec, their miner is likely to lose money. If its closer to January, their miner will lose thousands. You have to factor in difficulty increases. http://mining.thegenesisblock.com/ bases that on recent difficulty increases and not speculation.

Then there is the whole game of preorders, and that's been working real fucking well hasn't it. The bottom line is either buy stuff that ships now and could ROI (which is only AM) or buy coins.

I just used that site with the default values for Cointerra IV starting in January. 46 day payback period, $3,970 net profit.

I agree that mining is a losing proposition at this point for anyone who does not make their own chips, but I supect a lot of people are going to jump on this.

The big news is that cointerra is selling for $3/GH. I don't know what their margins are, but they are probably still healthy and prices will drop further. FC is going to feel a squeeze in a few months.

conv3rsion

sr. member

Activity: 310

Merit: 250

Quote from: hlynur on September 13, 2013, 09:10:06 AM

I have to admit that after I've read about the recent release of another model by cointerra competition is quite heavy atm. especially if i look at projected profits (http://decentralizedhashing.com/bitcoin-mining-equipment-table/)
from a miner's perspective it's simple maths to put money in a preorder right now instead of waiting and hoping for a good offer by AsicMiner.
A little update how 2nd gen development is going really wouldn't hurt right now.

LOL. Doing simple math reveals that even if cointerra ships mid dec, their miner is likely to lose money. If its closer to January, their miner will lose thousands. You have to factor in difficulty increases. http://mining.thegenesisblock.com/ bases that on recent difficulty increases and not speculation.

Then there is the whole game of preorders, and that's been working real fucking well hasn't it. The bottom line is either buy stuff that ships now and could ROI (which is only AM) or buy coins.

velacreations

sr. member

Activity: 476

Merit: 250

hash rate looks like it is coming back, currently around 40 TH/s... Issues getting resolved?

hlynur

hero member

Activity: 770

Merit: 501

I have to admit that after I've read about the recent release of another model by cointerra competition is quite heavy atm. especially if i look at projected profits (http://decentralizedhashing.com/bitcoin-mining-equipment-table/)
from a miner's perspective it's simple maths to put money in a preorder right now instead of waiting and hoping for a good offer by AsicMiner.
A little update how 2nd gen development is going really wouldn't hurt right now.

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

Quote from: finlof on September 13, 2013, 06:47:01 AM

Quote from: lophie on September 13, 2013, 05:43:59 AM

Quote from: Vexual on September 13, 2013, 05:34:15 AM

Quote from: lophie on September 13, 2013, 03:45:43 AM

I hate most people here. I am not suffering not even a bit. It is interesting how people wow over such incoherent train of thoughts and comments.

I love you lophie, true as life.

Thank you, I love you too man. Lets share the love of coins <3

lophie - you know that was a yoda starwars reference, right?

OMG it was!!!! Shocked

,................................ I didn't know Roll Eyes

!

can we go back to the OP please?

So guys no update this week as well? Come on at least an update from Friedcat that updates will stop being on weekly basis! right?

And aside that I really don't know what is happening with the farm but guys is it possible that ASICMINER did go back mining on pools for the time being? Maybe mining via a different wallet address? I mean there weren't any updates for two weeks now why most people here are assuming the worst? Bears much?

finlof

hero member

Activity: 630

Merit: 500

Quote from: lophie on September 13, 2013, 05:43:59 AM

Quote from: Vexual on September 13, 2013, 05:34:15 AM

Quote from: lophie on September 13, 2013, 03:45:43 AM

I hate most people here. I am not suffering not even a bit. It is interesting how people wow over such incoherent train of thoughts and comments.

I love you lophie, true as life.

Thank you, I love you too man. Lets share the love of coins <3

lophie - you know that was a yoda starwars reference, right?

Dexter770221

legendary

Activity: 1029

Merit: 1000

Quote from: JimiQ84 on September 13, 2013, 04:47:01 AM

New business plan in town - selling backplanes. I was waiting for this moment since friedcat announced backplanes.

Quote from: CanaryInTheMine on September 13, 2013, 02:57:54 AM

lots of New Blades are still available as well as USB miners.

a new order of 5+ blades can add a backplane for .25 btc
an order of 10 blades gets the backplane for free

Sells are not going as expected? Not good...

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

Quote from: Vexual on September 13, 2013, 05:34:15 AM

Quote from: lophie on September 13, 2013, 03:45:43 AM

I hate most people here. I am not suffering not even a bit. It is interesting how people wow over such incoherent train of thoughts and comments.

I love you lophie, true as life.

Thank you, I love you too man. Lets share the love of coins <3

Vexual

full member

Activity: 196

Merit: 100

Quote from: lophie on September 13, 2013, 03:45:43 AM

I hate most people here. I am not suffering not even a bit. It is interesting how people wow over such incoherent train of thoughts and comments.

I love you lophie, true as life.

JimiQ84

sr. member

Activity: 406

Merit: 250

New business plan in town - selling backplanes. I was waiting for this moment since friedcat announced backplanes.

Quote from: CanaryInTheMine on September 13, 2013, 02:57:54 AM

lots of New Blades are still available as well as USB miners.

a new order of 5+ blades can add a backplane for .25 btc
an order of 10 blades gets the backplane for free

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

Quote from: ?? on ??

Doubt leads to fear, fear leads to anger, anger leads to hate, hate leads to suffering.

I hate most people here. I am not suffering not even a bit. It is interesting how people wow over such incoherent train of thoughts and comments.

Vexual

full member

Activity: 196

Merit: 100

Quote from: Vycid on September 12, 2013, 11:50:56 PM

Ah, I see. Yes, Friedcat would don his red cape and take to the sky, bringing his awesome telekinetic powers to bear on the stalled turbine at the local coal power plant.

It's good to have a demigod around.

Hey halfwit, wrong thread, firdcats math is better than yours, look at difficulty.

velacreations

sr. member

Activity: 476

Merit: 250

I'm sure if there is an issue, FC is exploring all options to resolve it.

I would like to know what the issue is, when FC can find the time to make an update...

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: tinus42 on September 12, 2013, 11:46:58 PM

Quote from: Vycid on September 12, 2013, 08:38:21 PM

Quote from: ning on September 12, 2013, 08:11:26 PM

Quote from: ning on June 15, 2013, 11:42:16 PM

The observed drop of AM hashrate can only mean that the company is doing something. And I'm always happy with AM doing something, whatever that something is:)

One more time.

Apparently a power outage would constitute Friedcat doing something.

AM logic.

Yes that would constitute him doing something. Trying to fix the outage. Or do you expect him sitting on his hands then?

Ah, I see. Yes, Friedcat would don his red cape and take to the sky, bringing his awesome telekinetic powers to bear on the stalled turbine at the local coal power plant.

It's good to have a demigod around.

tinus42

hero member

Activity: 784

Merit: 501

Quote from: Vycid on September 12, 2013, 08:38:21 PM

Quote from: ning on September 12, 2013, 08:11:26 PM

Quote from: ning on June 15, 2013, 11:42:16 PM

The observed drop of AM hashrate can only mean that the company is doing something. And I'm always happy with AM doing something, whatever that something is:)

One more time.

Apparently a power outage would constitute Friedcat doing something.

AM logic.

Yes that would constitute him doing something. Trying to fix the outage. Or do you expect him sitting on his hands then?

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: ning on September 12, 2013, 08:11:26 PM

Quote from: ning on June 15, 2013, 11:42:16 PM

The observed drop of AM hashrate can only mean that the company is doing something. And I'm always happy with AM doing something, whatever that something is:)

One more time.

Apparently a power outage would constitute Friedcat doing something.

AM logic.

ning

full member

Activity: 173

Merit: 100

Quote from: ning on June 15, 2013, 11:42:16 PM

The observed drop of AM hashrate can only mean that the company is doing something. And I'm always happy with AM doing something, whatever that something is:)

One more time.

eb3full

vip

Activity: 198

Merit: 101

We didn't hear from friedcat for like a month the last time we were waiting for chips, he'll talk when he's ready.

robix

sr. member

Activity: 360

Merit: 250

@Friedcat

Won't you speak to the folk anymore?

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 712. (Read 3917635 times)