if there's any time to manipulate the price downwards before the prisma sales pile up and mining announcement then seems that was it
Topic: ASICMINER Speculation Thread - page 14. (Read 808847 times)
been waiting for this, was hoping to sell with the dump and pick up my shares back at 0.1... missed out big time
if there's any time to manipulate the price downwards before the prisma sales pile up and mining announcement then seems that was it
if there's any time to manipulate the price downwards before the prisma sales pile up and mining announcement then seems that was it
What news? Havelock is down to .10
is it worth investing in ASIC? want to read your opinions
I wouldnt now, especially with the BTC rate and winter coming.Winter does make coins a bit cheaper
I guess if your willing to hibernate for a long winter and wait for hash offered to match current prices then perhaps there is ROI if the exchange rate rises later.
Otherwise na.
is it worth investing in ASIC? want to read your opinions
I wouldnt now, especially with the BTC rate and winter coming. legendary
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is it worth investing in ASIC? want to read your opinions
No...if you mean ASIC as in mining gear....investing in ASIC Miner = maybe it is all a gamble.
Similar opinion difficulty spikes are starting to be not so dramatically high at least since July 12
If your a bit of a risk taker guess this recent period is better than March to June 29 lol
https://bitcoinwisdom.com/bitcoin/difficulty
That said central mining does seem likely as more mining farms come on but would say its remotely possible to ROI this time around, economies of scale and what not.
https://www.cryptocoinsnews.com/falling-bitcoin-price-is-the-perfect-storm-for-centralization-of-bitcoin-mining/
is it worth investing in ASIC? want to read your opinions
No...if you mean ASIC as in mining gear....investing in ASIC Miner = maybe it is all a gamble.
is it worth investing in ASIC? want to read your opinions
For those keeping track, there is now a total of 31,867 AM shares being held on Havelock (28,668 shares to back AM1 and 3199 to back AM100). That's an increase of 596 shares since August 3rd. (It appears that 5600 AM100 shares have been converted to 56 AM1 shares.) That's about 19.4% of the 163,962 AM shares that were sold to the public.
Lol, FC looks like Beavis in that photo. 
Quote
We have a plan to kill the competition..TM
I'm still...I wouldn't put it past them to use their BTC reserves to drop the market price...
I guess asicminer is playing with the market as any other capable miner, there's a war going on between who is at the edge of profitability and so selling every coin mined to keep up with expenses and research and who is mining at a loss for now because he is expecting a rise in bitcoin price. Who is selling now is effectively putting a great pressure on competition, and if this goes on for a while the network hashrate may even drop.
Quote
We have a plan to kill the competition..TM
I guess asicminer is playing with the market as any other capable miner, there's a war going on between who is at the edge of profitability and so selling every coin mined to keep up with expenses and research and who is mining at a loss for now because he is expecting a rise in bitcoin price. Who is selling now is effectively putting a great pressure on competition, and if this goes on for a while the network hashrate may even drop.
AM sold enough chips in less than a month in April to pay for gen 4 but used the money to fund the 60 Ph/s worth of gen 3 chips as gen 4 wasn't ready then. Given the months of chip sales, Tube sales and self-mining since then, AM likely acquired enough funding for gen 4 long ago. They just have to make sure it's free of major problems and get it out the door as soon as possible.
So how much of this 60 Ph/s has actually been deployed?
No one has any idea besides friedcat...it is a mystery! I would hope they had a lot already hashing since the prices are low and the BE200 chips are not very efficient.
Im worried as to the effect of such low BTC prices on the power cost of the farms. It means they would have to sell more mined btc, hence less divs.
edit: so im just hoping for the datatanks to immerge. ^^
You are a wordsmith, haha
AM sold enough chips in less than a month in April to pay for gen 4 but used the money to fund the 60 Ph/s worth of gen 3 chips as gen 4 wasn't ready then. Given the months of chip sales, Tube sales and self-mining since then, AM likely acquired enough funding for gen 4 long ago. They just have to make sure it's free of major problems and get it out the door as soon as possible.
So how much of this 60 Ph/s has actually been deployed?
No one has any idea besides friedcat...it is a mystery! I would hope they had a lot already hashing since the prices are low and the BE200 chips are not very efficient.
Im worried as to the effect of such low BTC prices on the power cost of the farms. It means they would have to sell more mined btc, hence less divs.
edit: so im just hoping for the datatanks to immerge. ^^
AM sold enough chips in less than a month in April to pay for gen 4 but used the money to fund the 60 Ph/s worth of gen 3 chips as gen 4 wasn't ready then. Given the months of chip sales, Tube sales and self-mining since then, AM likely acquired enough funding for gen 4 long ago. They just have to make sure it's free of major problems and get it out the door as soon as possible.
So how much of this 60 Ph/s has actually been deployed?
No one has any idea besides friedcat...it is a mystery! I would hope they had a lot already hashing since the prices are low and the BE200 chips are not very efficient.
AM sold enough chips in less than a month in April to pay for gen 4 but used the money to fund the 60 Ph/s worth of gen 3 chips as gen 4 wasn't ready then. Given the months of chip sales, Tube sales and self-mining since then, AM likely acquired enough funding for gen 4 long ago. They just have to make sure it's free of major problems and get it out the door as soon as possible.
So how much of this 60 Ph/s has actually been deployed?
Good funding for gen4 seems to be crucial - competition is announcing new solutions (though, rests to see if realistic). Time-frame for really successful gen4 deployment seems to shorten.
AM sold enough chips in less than a month in April to pay for gen 4 but used the money to fund the 60 Ph/s worth of gen 3 chips as gen 4 wasn't ready then. Given the months of chip sales, Tube sales and self-mining since then, AM likely acquired enough funding for gen 4 long ago. They just have to make sure it's free of major problems and get it out the door as soon as possible.
Let's hope, performance is going to be at least as planned.
There are also only ~5k BTC between $100 increments on the bid side at any given time. You wouldn't have to dump the whole purse to create a massive impact.
Why? If you're trying to push the price down, you'd get a whole hell of a lot of help from margin calls along the way. Imagine if the US Federal Reserve, now that its bought up all the MBS assets it wants, reestablished the market and pegged it to treasuries, allowed investors to speculate on the price, and then ended up anonymously bullying the bonds through wave after wave of margin calls...wouldn't be too different, as ASICMINER (acting as a presumably significant part of the network) literally performs the exact same money-printing function for what is currently an inflationary currency.
Why? If you're trying to push the price down, you'd get a whole hell of a lot of help from margin calls along the way. Imagine if the US Federal Reserve, now that its bought up all the MBS assets it wants, reestablished the market and pegged it to treasuries, allowed investors to speculate on the price, and then ended up anonymously bullying the bonds through wave after wave of margin calls...wouldn't be too different, as ASICMINER (acting as a presumably significant part of the network) literally performs the exact same money-printing function for what is currently an inflationary currency.
Shallowness of btc exchanges is a real issue and large players are surely trying to ride it. Also, big industrial mining operations are only adding to the downside pressure.
Another question is if AM is engaging in such speculative endeavors. Frankly, though AM could profit from btc price weekness, I would be extremely surprised
finding this being the case. You're ignoring the BTC income from selling chips and miners.
Just trying to stir some discussion in this thread
.Yes, hopefully, miners (chips) are finding buyers. Good funding for gen4 seems to be crucial - competition is announcing new solutions (though, rests to see if realistic). Time-frame for really successful gen4 deployment seems to shorten.
AM sold enough chips in less than a month in April to pay for gen 4 but used the money to fund the 60 Ph/s worth of gen 3 chips as gen 4 wasn't ready then. Given the months of chip sales, Tube sales and self-mining since then, AM likely acquired enough funding for gen 4 long ago. They just have to make sure it's free of major problems and get it out the door as soon as possible.
You're ignoring the BTC income from selling chips and miners.
Just trying to stir some discussion in this thread
.Yes, hopefully, miners (chips) are finding buyers. Good funding for gen4 seems to be crucial - competition is announcing new solutions (though, rests to see if realistic). Time-frame for really successful gen4 deployment seems to be shortening.
There are also only ~5k BTC between $100 increments on the bid side at any given time. You wouldn't have to dump the whole purse to create a massive impact.
Why? If you're trying to push the price down, you'd get a whole hell of a lot of help from margin calls along the way. Imagine if the US Federal Reserve, now that its bought up all the MBS assets it wants, reestablished the market and pegged it to treasuries, allowed investors to speculate on the price, and then ended up anonymously bullying the bonds through wave after wave of margin calls...wouldn't be too different, as ASICMINER (acting as a presumably significant part of the network) literally performs the exact same money-printing function for what is currently an inflationary currency.
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