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Topic: Visit of ASICMINER's Immersion Cooling Mining Facility (Read 284680 times)

hero member
Activity: 560
Merit: 500
Immersion cooling system from Asicminer , check this video :  http://v.youku.com/v_show/id_XNjk5MTc0MTY0.html

Despite the claims of "Intel", compare the pictures in the OP with the scenes in the video.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Hi guys, please donate Wink

I'm donating now, albeit it ain't going to be much, but it's from the heart and really appreciate the write up.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
This is pretty amazing.

What's even more amazing is that I don't have to read a single more word on this thread to know in my heart that this is a viable mining outfit and probably trust them fully.

I'm beside myself of what I just read and saw in the OP.

Fuckin' amazing!

Then again, with a couple hundred Chinese dudes, they could dismantle and close up shop over night, heading to better pastures.  Roll Eyes Roll Eyes Roll Eyes

Good job, guys. Good job.
sr. member
Activity: 267
Merit: 250
Plus, I'm sure Asicminer hardware is profitable for MUCH longer for the manufacturer than it is for the retail purchaser.  They probably haven't upgraded this stuff yet, while most smaller miners have had to dump this hardware long ago.
newbie
Activity: 18
Merit: 0
thank for the reply, it does now Smiley
legendary
Activity: 1106
Merit: 1026
The farm is build in a way that the hardware is changable very fast, so even if the current generation is replaced, it's not a problem, especially with this farm. Does that make sense? Smiley
newbie
Activity: 18
Merit: 0
am a newbie, so excuse me if i say something stupid,
how can such farms build or install this infrastructure without being worried about changing hardware every 2 to 6 months like most small time farmers do ?

if i understood this correctly if a home farm needs to compete in this market (excluding large farms) one needs to buy a decent 1TB miner and keep growing the units as fast as possible, to keep up with difficulty and grow the farm slow...

am i making any sense ?
sr. member
Activity: 475
Merit: 255
Yes, continue to centralize hashrate, please.  Roll Eyes
That's like 1% or less.
I bet you think "decentralized" is accessible to 15-year old gamers with GPUs. Well, that's not going to work if you want to build the biggest worldwide currency and transaction network.

No only accessible, but also profitable.  Smiley
Profit = opportunity = desire to fill that opportunity. Unless someone is ACTIVELY feeding the market money as a GGG, your utopian scenario won't exist.

Opportunity => Desire to fill the opportunity + Means to fill the opportunity => Filling the opportunity (before anyone else and to someones satisfaction) => Profit (on both sides, win-win scenario).

Which "utopian scenario" do you have in mind? Surely not everyone (in one area) can have profit not even the majority, sometimes not even the significant part. That is necessary feedback and incentive to move to another area.

Or should my previous post include the "He (midnightmagic) probably means:" prefix ?
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Yes, continue to centralize hashrate, please.  Roll Eyes
That's like 1% or less.
I bet you think "decentralized" is accessible to 15-year old gamers with GPUs. Well, that's not going to work if you want to build the biggest worldwide currency and transaction network.

No only accessible, but also profitable.  Smiley
Profit = opportunity = desire to fill that opportunity. Unless someone is ACTIVELY feeding the market money as a GGG, your utopian scenario won't exist.
sr. member
Activity: 475
Merit: 255
Yes, continue to centralize hashrate, please.  Roll Eyes
That's like 1% or less.
I bet you think "decentralized" is accessible to 15-year old gamers with GPUs. Well, that's not going to work if you want to build the biggest worldwide currency and transaction network.

No only accessible, but also profitable.  Smiley
hero member
Activity: 489
Merit: 500
Immersionist
Project video showing ASICMiners Hong Kong facility:
http://www.youtube.com/watch?v=oZavKweMrP4
hero member
Activity: 728
Merit: 500
Screw the miners sell us the containers so we can fill them with Ants Cheesy
hero member
Activity: 924
Merit: 1000
Be nice to see an update on this when they change over to a newer chip.
legendary
Activity: 1512
Merit: 1000
Yes, continue to centralize hashrate, please.  Roll Eyes

IIRC the plan is to franchise out the mining containers.  You want to bitch about centralization, go harass the GHash.io people.
full member
Activity: 138
Merit: 100
end to end innovation, this shows exactly why bitcoin will always win Smiley
member
Activity: 88
Merit: 37
Yes, continue to centralize hashrate, please.  Roll Eyes
sr. member
Activity: 399
Merit: 250
So I can see your setup in Hong Kong and I know the building.

Tell me are you  a registered company in Hong Kong?

RF

newbie
Activity: 31
Merit: 0
Great report. Thank you for your information.
newbie
Activity: 19
Merit: 0
full member
Activity: 158
Merit: 100

Someone having a hard time selling their bitfurys?


ROFL!  Sell?

I have made 3X my ROI, and don't pay for power for my Bitfury (1.5TH worth).  Why on earth would I want to sell those money-printing machines?
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