ASICMINER Speculation Thread - page 108.

mechs

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Quote from: binaryFate on September 18, 2013, 01:11:08 PM

Quote from: empoweoqwj on September 18, 2013, 01:05:17 PM

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

So where is the profit?

My other question is I always wondered why FC planned to take so long moving from Gen 1 to Gen 2. He had a massive headstart. Bitcoins in the bank, yet doesn't plan to launch Gen 2 until well after several other players do.

Way to lose competitive advantage ....... hope I'm wrong.

I consider possible that even FC didn't foresee the scale of the boom of competition and increased difficulty, and the ability of new competitors to develop directly Gen2 super quickly. Hope I'm wrong too...

Plus who thought people like cointerra would come on the scene with their serious pedigree. FC is a mere hobbyist by comparision.

mechs

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Quote from: JimiQ84 on September 18, 2013, 01:10:09 PM

Quote from: empoweoqwj on September 18, 2013, 01:09:11 PM

Quote from: JimiQ84 on September 18, 2013, 01:07:16 PM

Quote from: binaryFate on September 18, 2013, 01:03:11 PM

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

we are still at 45 TH/s as it always was (at least few last weeks). It's just that with lower percentage of the whole network, luck has greater effect.

I don't think AM has managed 45 TH/s this week, or anywhere near.

with network percentage around 3-6% you should take into consideration 14 days average

What is clear is that the actual ASICMiner farm is not keeping up with the overall increase in hash rate. No idea what the franchises are doing but if it were substantially good news, wouldn't FC communicate it with shareholders?

binaryFate

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Quote from: empoweoqwj on September 18, 2013, 01:05:17 PM

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

So where is the profit?

My other question is I always wondered why FC planned to take so long moving from Gen 1 to Gen 2. He had a massive headstart. Bitcoins in the bank, yet doesn't plan to launch Gen 2 until well after several other players do.

Way to lose competitive advantage ....... hope I'm wrong.

I consider possible that even FC didn't foresee the scale of the boom of competition and increased difficulty, and the ability of new competitors to develop directly Gen2 super quickly. Hope I'm wrong too...

JimiQ84

sr. member

Activity: 406

Merit: 250

Quote from: empoweoqwj on September 18, 2013, 01:09:11 PM

Quote from: JimiQ84 on September 18, 2013, 01:07:16 PM

Quote from: binaryFate on September 18, 2013, 01:03:11 PM

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

we are still at 45 TH/s as it always was (at least few last weeks). It's just that with lower percentage of the whole network, luck has greater effect.

I don't think AM has managed 45 TH/s this week, or anywhere near.

with network percentage around 3-6% you should take into consideration 14 days average

mechs

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Activity: 210

Merit: 100

We should rename this thread to "The Rise and Fall of ASICMINER"

empoweoqwj

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Activity: 518

Merit: 500

Quote from: binaryFate on September 18, 2013, 01:08:58 PM

Quote from: velacreations on September 18, 2013, 01:05:10 PM

Quote from: binaryFate on September 18, 2013, 01:03:11 PM

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

If I recall, there was an estimate a few days ago that mining+franchising = max hash rate we have ever seen. So, I expect that he is franchising out old equipment, and is not adding anything Gen1 to the farm right now, cause Gen2 is on the horizon.

Gen2 is not expecting to mine significantly before December! That's not "on the horizon"!

Exactly. Completely lost the competitive advantage on moving to Gen 2. Why?

empoweoqwj

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Activity: 518

Merit: 500

Quote from: JimiQ84 on September 18, 2013, 01:07:16 PM

Quote from: binaryFate on September 18, 2013, 01:03:11 PM

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

we are still at 45 TH/s as it always was (at least few last weeks). It's just that with lower percentage of the whole network, luck has greater effect.

I don't think AM has managed 45 TH/s this week, or anywhere near.

binaryFate

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Activity: 1512

Merit: 1012

Still wild and free

Quote from: velacreations on September 18, 2013, 01:05:10 PM

Quote from: binaryFate on September 18, 2013, 01:03:11 PM

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

If I recall, there was an estimate a few days ago that mining+franchising = max hash rate we have ever seen. So, I expect that he is franchising out old equipment, and is not adding anything Gen1 to the farm right now, cause Gen2 is on the horizon.

Gen2 is not expecting to mine significantly before December! That's not "on the horizon"!

JimiQ84

sr. member

Activity: 406

Merit: 250

Quote from: binaryFate on September 18, 2013, 01:03:11 PM

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

we are still at 45 TH/s as it always was (at least few last weeks). It's just that with lower percentage of the whole network, luck has greater effect.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

So where is the profit?

My other question is I always wondered why FC planned to take so long moving from Gen 1 to Gen 2. He had a massive headstart. Bitcoins in the bank, yet doesn't plan to launch Gen 2 until well after several other players do.

Way to lose competitive advantage ....... hope I'm wrong.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: binaryFate on September 18, 2013, 01:03:11 PM

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

If I recall, there was an estimate a few days ago that mining+franchising = max hash rate we have ever seen. So, I expect that he is franchising out old equipment, and is not adding anything Gen1 to the farm right now, cause Gen2 is on the horizon.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: velacreations on September 18, 2013, 01:01:37 PM

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

Afaik FC is not selling the first model of blades, he was never selling used equipement right? So where are they right now instead of mining?

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: binaryFate on September 18, 2013, 12:57:36 PM

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

FC is selling hardware. More profit on Gen1 can be made by selling it rather than mining.

empoweoqwj

hero member

Activity: 518

Merit: 500

This is the lowest dividend I have received. Share price is plummeting. Hashing % down to almost nothing. Highly irregular updates from friedcat.

I'm really hoping he is investing a lot of bitcoins in more mining equipment and gen 2 stuff. I'm going to "hang in" because I really can't afford to sell at these levels having bought at 2.5 to 3.5. But if things continue, we could be seeing sub 1.0 BTC share price very soon

Time to pray !!

binaryFate

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Activity: 1512

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Still wild and free

AM hash rate is either very very low or completely null at the moment. What the heeeeeell is going on?

mechs

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Activity: 210

Merit: 100

Quote from: ?? on ??

Many people entered at this level or a bit lower, I'm not surprised there are so many sells: they can live with not taking much profit, but I don't see why they should risk losing their initial investment too.

The fact is there are a lot of weak handed speculators in AM that are easily shaken out with every low div published. My point is there will be low divs for a couple months until gen 2 ready. Therefore, this will drive the price lower as the weak hands get shooken out. I will stay on the sidelines until early November and then by accumulate at my best guess of the point of maximum pesstimism.

My guess, we will see 1.2-1.5 in the not so distant future (mid-November). However, long-term, we will see 4.5-5.0 again (by January 2014).

velacreations

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Quote from: mechs on September 18, 2013, 11:36:35 AM

I know but I disagree with the market;)

I don't blame you, I disagree with it, myself.

mechs

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Activity: 210

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Quote from: velacreations on September 18, 2013, 11:29:30 AM

Quote from: mechs on September 18, 2013, 11:08:38 AM

As I said before, the dividends are meaningless at this point.

I think the market disagrees. When the div is lower than the one before, we see a significant sell off.

I know but I disagree with the market;)

velacreations

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Activity: 476

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Quote from: mechs on September 18, 2013, 11:08:38 AM

As I said before, the dividends are meaningless at this point.

I think the market disagrees. When the div is lower than the one before, we see a significant sell off.

velacreations

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Activity: 476

Merit: 250

from the other thread:

Quote from: aahzmundus on September 18, 2013, 11:08:56 AM

30 of the shares sold on BTCT were mine.

I dumped a good chunk, to diversify.... was holding out to see if divs were going to turn around this week. Since they have not, I am moving stuff elsewhere. I may buy back in some that I sold if people dump it too low after Burnside pays divs.

95% of my BTC are in AM, I need to change this.

Topic: ASICMINER Speculation Thread - page 108. (Read 808905 times)