Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 918. (Read 3917058 times)

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...

Nice little gift for the weekend!

https://i.imgur.com/8vMFide.jpg

The point I was making is that, China is capable of making unilateral regulatory decisions. Note: I didn't say the US executive branch was any better.

Hah..China is more open to business than the U.S

I believe BFL's 65nm hardware is already making a huge dent in AM's hardware sales, AM's drastic price reduction is evident. AM's 120nm ancient hardware will soon be a low margin business, or maybe even no buyers will consider it anymore. AM either have to come out with 56nm hardware in 3 month, or watch competition dominate the hardware market, and soon the mining share.

Going for ancient chip design has won AM an early lead (because 120nm was very easy/cheap/fast to produce). But will ancient hardware win every time? or will cutting edge 28nm hardware win in the long run? we will see
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Winning in the short run (with older technology) has given AM the capital to continue winning the middle term and longer term competition. For arguments sake, let's say we agree that BFL has a large number of paid orders today - much it that would have gone to competitors, if their prices were lower. How many months does BFL have before large numbers of those orders are canceled when BFL continues to be unable to ship adequate volumes?  All AM needs to do is release their next generation equipment within a reasonable time period and they'll manage to get many of those perceived to be cheaper orders back from BFL.

Personally, I have a few items from BFL on order - if they arrive in 60 days, *maybe* they'll be viable. If they don't, you can believe that I'll be canceling my orders.

It's all a bit mysterious, though. There is a lack of transparency on what the future plans are at ASICMINER. The China connection is big, but that could work against AM in a second if the Communist Party decided to shutdown BTC-related businesses. Best to diversify your BTC holdings:

• CoinLenders' CD's
• Mining Equipment purchase/operation/resale
• Mining Company investments
• Gambling sites
• Exchange sites

Of course, I am super poor, so nothing to see here, move along...

You're completely avoiding the facts -- what makes you think that AM is being complacent? You're just arguing to argue.

Any competent business person knows that (metaphorically) when you're winning a race, you don't take your foot off the gas.

Until there's any evidence contrary, then I think the fair thing to do is to not assume anything. Friedcat said we would know more about the next gen eruptors this month or early next, and can expect next gen asics in October (or there abouts.)

That still lends no evidence to the original statement that they are only thinking about using 56nm architecture.

Regardless, people do not realize that unless AM is grossly inept, they have a gigantic head start against the competition. It will take someone with a *lot* of stroke (and money) to oust them from the throne. AM owned shares produce ~$1M USD in revenue (more than that, actually. Closer to $1.5M) per month. They have a nice bankroll to work with, and they have the ability to withhold dividends (someone correct me if I'm wrong on that) if they feel the need to further secure their position in the market.

To your last point, saying that their current 120nm architecture has lead to the recent cut in prices is incorrect. That's clearly a straw man -- as we do not know what AM's position is on the subject. It's more fair to say (and likely more accurate and correct) that it's likely they've reduced costs to compete in the market given the current difficulty.

Have you heard the phrase: Success breeds complacency?

Just look at how SDice went down the toilet after hugely successful head start.

^ This. Not sure why people think ASICMINER will settle for throwing away all it's good work so far / massive headstart.

I believe BFL's 65nm hardware is already making a huge dent in AM's hardware sales, AM's drastic price reduction is evident. AM's 120nm ancient hardware will soon be a low margin business, or maybe even no buyers will consider it anymore. AM either have to come out with 56nm hardware in 3 month, or watch competition dominate the hardware market, and soon the mining share.

Going for ancient chip design has won AM an early lead (because 120nm was very easy/cheap/fast to produce). But will ancient hardware win every time? or will cutting edge 28nm hardware win in the long run? we will see

Keep in mind that ASICMINER's shares produce ~1M USD in income monthly for the company. I'm hopeful that they are doing a *lot* to fend off competition.

Upcoming price adjustment as others diversify into other investment vehicles like AMC?

They're raising BTC10,000 through a 4,000,000 share release at AMC. Rather than writing AMC off as a SCAM/pretender, I want to know what ASICMINER is already doing to hold off challengers like AMC.

Is it accurate to say that we know that AM is only considering 56nm chips?

I'd venture that it's more fair to say we have no idea what AM has in the works.

If energy and space are not a big issue, it is irrelevant.
What will matter will still be production cost, ability to keep it up, user's trust, etc.