Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 917. (Read 3917543 times)

I suggest you read this thread: https://bitcointalksearch.org/topic/pb-ratio-or-how-to-not-get-raped-in-the-bitcoin-securities-markets-241415

1. Companies have promised to come out with hardware in 3 months. There's a big difference. I'm not saying they won't succeed, only that a promise is all it is.

2. ASICMiner is not just thinking, they are actively developing, and have written that October is the release date at the earliest. That's far from thinking about it.

3. KNCMiner uses a 28 nm process. Here's what their latest update says:


So power usage might be less, but they only promise, at most 400 MH/J. The ASICMiner Blades are 10 GH/s at 80W, so that's 125 MH/J, or only 3.2 times less than KNCMiner - and we're comparing a 130nm process to a 28nm process here!

The thing is, 28nm is not magic. It is not a magic button you push that makes all chips produced at this node size use little power. The designers have to pay special attention to power usage, as is clearly shown by both BFL's real power figures and KNCMiner's promised power estimates.

So if KNCMiner is only, say, 4 times less power hungry than the current ASICMiner 130 nm chip, will ASICMiner's 55nm chip completely eat away this advantage? I don't know, but I'd say the odds are pretty good that going from 130nm to 55nm will give you a 4-fold increase in power efficiency, making ASICMiner on par with KNCMiner's 28 nm technology.

I noticed that. How is a mining bond doing under 100 GH/s valued at over BTC5000? Do they have a huge amount of pre-orders or is that a pure bubble?

It's not dropping too fast and i think it will go back up quite quick.

Current APR is still >40%  and climbing as the share price falls... I would say we are fine.

I just have this feeling that the ASICminer stock is a bit bubbly right now. I sold 40 TAT microshares yesterday and having mixed feelings about it. I may never be able to buy them back at the price I sold them for but then again I may buy them back at a lower price if the bubble bursts.

It reminds me of Apple going up to $700 per share and then dropping back to $400. Which made people who sold at the top really happy as they can buy back lower. But then again Apple could have gone to over $1000 and they would have felt really miserable.

Is the AM share price too high or is it too low? Only time will tell.

bitfunder has had them for several weeks.  I bought in at 0.0008 - https://bitfunder.com/asset/AMC

Was just gonna post that!

http://www.asicminercharts.com/live/

Insane!

Wow - average hashrate last 6 hrs - 73.06 TH/s

A record methinks?

Insane luck



19 blocks in the last 6 hours

As others have said, ASICminer really is at an advantage.  For competitors to really hurt us, they first need to get the funds to start an operation.  Most often that will mean a big IPO and then after that they can finally start doing things.  Asicminer before just held back 2,000 coins in funding to fund future development.  No big messy ipo to deal with... they just needed some funds so they cut back on divs a bit.  If ever ASICMINER was at threat of losing 10% of the network I am sure friedcat would cut dividends and build up our buffer.  If anyone has ever watched "The King of Kong" I imagine friedcat as billy... possibly we already have new chips ready to go... but there is no reason to put them out yet, so why show your hand.  Just keep them in reserve and then when someone says "AH HA! Look I'm better then you!" you pull out your development you kept secret and CRUSH them.

The way I see it, with the current track record of ASICMINER the bar is set REALLY high for competition.  So many of these new companies are probably getting funded by people who feel they "missed the boat" with asicminer and they want to get that experience.  I myself invested some in AMC just because I can afford to, and diversification never hurts...  But honestly here the second they make any mistake that makes them look weak compared to ASICMINER money will run.

I am investing in AMC, but a majority of my holdings are going to remain in ASICMINER.  Anyone who dumps ASICMINER shares will find plenty of buyers.

Hm crap, it needs to stop going down now though 

Was added today. 2 million shares need to be bought first before anything will happen to the price at all. It's going real fast though as you can see.
https://bitcointalksearch.org/topic/amc-the-official-active-mining-cooperative-discussion-158806

Edit: forgot the link https://btct.co/security/AMC-PT

at least this is a discussion worth to discuss. however, kokojie, your opinion seems pretty biased by your selling, if I may say   And you are wrong in so many ways. come on! you can not compare sdice to AM from an operational point of view. But what's most important:

As we all know by now, if someone says he will produce this and that (28 nm whatever) in the next months, it actually means NOTHING!!!

NOTHING! NOTHING! NOTHING!

And even if, it wouldnt necessarily harm AM.

Sorry for the dumb question, but what is AMC everyone is talking about?

I already regretted it after 2 minutes. Bought back slightly lower and kept my AMC shares as well.
Have invested way more than i wanted to but i'm gonna take the risk.
Making fast money = high risk.

so play it safe and "pull certs" nice*+1 do you have a pic of the certificates(game cards) they issue...thanks

Black T-shirts are so much cooler than white .... help hide my fat belly as well!

Looks like they found the same free cat image that I did

https://bitcointalksearch.org/topic/closed-2924-grilled-cat-identity-silkscreened-t-shirts-10sh-230843

I don't mind being shot down on this but I'm wondering on the (to my mind) "measly" 3-question limit.

These questions are good in that they could all be answered within a minute each by friedcat or one of his staff. Are we that scared of taking up any of AM's precious time we are limiting ourselves to 3 minutes? Couldn't we stretch to 5 or 10 minutes? Him and his staff must spend several hours a week dealing with share transfers. Having to vote to reduce it down to just 3 questions is a bit much imho.

I guess it's true nowadays...