Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 998. (Read 3917568 times)

They probably just dont want to be like everyone else at the moment and feed people promises until they have something on their hands.

There is likely a great range of potential information. I'm sure there is information they could diverge without compromising their strategic position.

Would be nice, but might be difficult since I'm assuming hardware sales decrease as time goes by, and our mining income (as per the charts) hasn't increased since last week.

My guess is a lower dividend than last week (due to less Sales revenue). I hope I'm wrong though .

If we hit 0.04xxx div that sure will help

Yeah we are  heading to 3.X BTC per share in the next few days/weeks

Well, all the big ask walls around BTC2.5 on https://btct.co/security/ASICMINER-PT have been eaten in the last 12 hours or so since ASICMiner became the largest pool (although it's back in 3rd place right now (blockchain.info/pools).

Anyone who wants more shares in the near future may be kicking themselves if they don't get them soon. After a 3 week pause the train might be about to leave the station again.

Any speculations about sharepricedevelopment?

The more strategic the more interesting it would be for all of us who are interested in these future developments. But the more strategic the less chance there is for this info to be made public.
You can ask about that it's free to try, but in my opinion there is no chance to know anything. For instance if and how much the 2nd gen is already planned, this is critical at the moment, no company will go around telling about that. Unless maybe BFL to take pre-orders.

You can send questions to myself, Franktank, VJain or ThickAsThieves to be included in the voting.

Please send this question to whomever it is that is collecting questions for friedcat.

A Bitfountain board member posted in this thread some days ago, suggesting that we assemble questions for friedcat, since he doesn't have time to read through this thread (who can blame him!).

Then that person will remove duplicate questions, and pass them on to friedcat. I'm interesting in hearing about R&D, and just general 2nd generation ASIC information as well.

With less than 24hrs until that package comes down the chimney, speculation abounds. I have been studying this system on my own for the last few weeks in an attempt to understand fully how AM makes their money. Many other shareholders have taken this to another level and are tracking the companies mining and sales performances (given the visibility).

They keep scaling up the TH's vs. network difficulty and new kids showing up on the block (Avalon and the odd BFL loner), at this rate they seem poised to hold this position well into the Fall of this year. Exciting times mon!

While it is unknown exactly how many are fully constructed, we do know that the company has already paid for a very large amount of mining equipment that is yet to be deployed or sold. The change in total ASICMINER hashrate is likely based on the following:

• 1. How quickly equipment can be produced.

While it is impressive how quickly ASICMINER has been able to deliver- there are a variety of issues that can cause delays in production or lesser yields. There have not been any major hiccups so far, but we must be mindful of the potential.

• 2. Buying demand from the public.

They can not continually deploy large amounts of equipment if there is reason to sell them. It seems that ASIC Miner has been able to meet buying demand well. Despite the strong sales, we should not be surprised by an eventual price reduction in both USBs and Blades- especially when we get closer to 2nd generation equipment. I really wish we would receive financial statements as well as any forward statements regarding R&D. I am very interested to see what ASICMINER's CapEx looks like. I believe this is where a major catalyst lies and not much has been said on the subject.

• 3. Change in the total network hashrate caused by other miners and the subsequent change in difficulty that leads to.

The company has been able to maintain over 20% of the network and looks set to stay in that area for the near future. It looks like they are doing small staggered equipment increases to maintain this level. One would think that they could achieve 25-30% of the network total for now, but it is always a fine dance with points 1 & 2 as well as the continual hunt to acquire adequate server space to operate the mining equipment, find capable people to maintain the equipment, and in general deal with the logistics of scaling up to such a large size. Greatly increasing the total hashrate is a very difficult task that leads to diminishing returns and lower margins- something that I'm sure they continue to evaluate.

Thanks.  I would have said 'econ for athletes' but that would have been just plain mean.   

That's a good point. ASICMiner has had to increase its hash rate by 28% since the difficulty adjustment on June 5th in order to keep up the earnings, and it seems they indeed have done that.

Perhaps they really have ready-to-go blades just waiting to be deployed. Or perhaps they specifically expected the large difficulty increase, and have a portion set aside to handle difficulty increases.

On an unrelated note, is everyone as excited as I am to see what tomorrows bitcoin Christmas will bring?

I am sick of the crap that is now filling up this thread, including this post right now. I do understand the replies that need to be made though, to push back the onslaught of ignorance and misinformed posts/FUD. Kudos to the guys trying to keep this thread "pure". Do as other people have done, and create alternate threads about matters not directly associated to ASICminer or discussed by friedcat in this thread. My somewhat worthless 2 shatoshi's.

Take your arguments elsewhere and just edit your posts to allow users to be redirected there to watch everyone measure they're Epeen. Don't clog this thread with unnecessary posts please.

Shas

The kind of people who entertain these questions:

Are the kind that thinks that:

This particular point I bolded, Would be viciously hilarious to the ones around here who knows my real identity.

No disrespect or insult to anyone involved in this argument, but this made me laugh really hard...econ for poets haha.

Fair enough, I should have said "Your problem isn't visual impairment, it's ignorance of literary criticism and rhetoric" instead.

But yes, I do obviously know more about everything.  That's because (and why) I've been here a lot longer than you have.  

You obviously understand economics better than dhenson.  Aren't you sick of him and others bleating on about 'ZOMG I have made a subjective personal decision not to buy AM hardware; therefore it is overpriced in some kind of absolute, objective way and all who disagree are throwing wasted money at Friedcat?'


"Metaphors?"  Who said anything about "metaphors?"  Not I.  Are you under the impression that close readings have something to do with them?  Looking for metaphors is one part of close reading, but I didn't explicate any from dhenson's uninformed utterances.

I can help you overcome your self-pity and visual impairment if you wish to learn more about linguistic analysis.  But if you are determined to remain proudly ignorant on the subject, you are beyond the scope of teachability.  Do you really want to be a perma-noob?   

Your crystal ball is definitely broken judging by my 7 years going on and forth in hospitals with two major operations on my corneas for both eyes. But you know, You know more obviously about everything.

ADDED: aaah sorry for being so slow and retarded you wanted to do your "close reading" thing on what I posted. I am sorry I don't do metaphors and being rhetoric when I want to express an exact piece of information like, "I think you are an utter idiot".