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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918594 times)
minerpumpkin
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January 29, 2014, 02:20:59 PM
 #16741

OK guys, everyone processed these stellar news?  Smiley
Let's be optimistic that the driest patch is over, esp. communications-wise.
Keep in mind though, the dividends won't rise until April and there still may be weeks of silence where friedcat fixes the last problems, optimizes the chips, and seals lot of bulk orders from customers.
Is it time for friedcat-shirts again?  Cheesy

I should have gotten into Bitcoin back in 1992...
empoweoqwj
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January 29, 2014, 02:26:05 PM
 #16742

OK guys, everyone processed these stellar news?  Smiley
Let's be optimistic that the driest patch is over, esp. communications-wise.
Keep in mind though, the dividends won't rise until April and there still may be weeks of silence where friedcat fixes the last problems, optimizes the chips, and seals lot of bulk orders from customers.
Is it time for friedcat-shirts again?  Cheesy

My FC t-shirt is still being worn ...... not literally but figuratively. I'll put it on again for real when the new chips are "for real" Smiley
apollojmr
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January 29, 2014, 02:34:28 PM
 #16743

Unreal the amount of power these use. They are super efficient! I am a long time believer and shareholder. I am happy today about it!  Roll EyesBTC

What you think you become. Bitrated user: apollojmr.
Dexter770221
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January 29, 2014, 02:40:14 PM
 #16744

Little speculation:
It's quiet possible that friedcat may sell 1 milion chips/month. Price 12$/chip, production cost 2$(?)/chip, profit 10$/chip.
10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

EDIT: And 1M chips is 12PH. If that kind of hashing power will come online every month those chips become very expensive very quickly.

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
empoweoqwj
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January 29, 2014, 02:42:43 PM
 #16745

Little speculation:
It's quiet possible that friedcat may sell 1 milion chips/month. Price 12$/chip, production cost 2$(?)/chip, profit 10$/chip.
10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

That's a lot of IFS in there Dexter
dmcdad
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January 29, 2014, 02:46:38 PM
 #16746

If price of BTC goes up, ROI = bye bye.
Ummm, I'm pretty positive if BTC goes up significantly FC will adjust the future price of the chips to reflect the new exchange rate. Why in the world would he not and give away tons of profit to chip buyers? He might be pricing the batches of chips in USD, but I can guarantee you it will also be adjusted based on the exchange rate for further out batches.
btcash
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January 29, 2014, 03:01:04 PM
 #16747

Finaly some good news.

I am just wondering what is going to happen to the Immersion Cooling Mining Facility/Technology if ASICMINER is going to be chip-selling only.
Zubilica
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January 29, 2014, 03:01:15 PM
 #16748

I do not see a flood of buyers , price is still lower than previous hype. 0.7 BTC

In the past when low records divs where achieved,  FC posted an update. Same story here.
Fabrizio89
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January 29, 2014, 03:16:34 PM
 #16749

I do not see a flood of buyers , price is still lower than previous hype. 0.7 BTC

In the past when low records divs where achieved,  FC posted an update. Same story here.

Most of the action happens in 5+ hours from now generally.
minerpumpkin
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January 29, 2014, 03:17:46 PM
 #16750

Little speculation:
It's quiet possible that friedcat may sell 1 milion chips/month. Price 12$/chip, production cost 2$(?)/chip, profit 10$/chip.
10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

EDIT: And 1M chips is 12PH. If that kind of hashing power will come online every month those chips become very expensive very quickly.

You do realize shares aren't worthless as soon as you buy them, you can still sell them. You are talking about yield. And in your case this would be a yield of 100% a year, which is exorbitantly high. AM usually resides at about 25-30% yield a year. This would constitute a share price of 1 BTC in your calculations. Also, don't forget new hardware that'll be in development.

I should have gotten into Bitcoin back in 1992...
minerpumpkin
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January 29, 2014, 03:18:41 PM
 #16751

I do not see a flood of buyers , price is still lower than previous hype. 0.7 BTC

In the past when low records divs where achieved,  FC posted an update. Same story here.

Everyone is still busy celebrating...

I should have gotten into Bitcoin back in 1992...
swordking
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January 29, 2014, 03:19:34 PM
 #16752

 I can see the Immersion Cooling Mining Facility/Technology will using for every big pool, AM price will go to sky high

my account was hacked by moondefi since past few years。 the moondefi is a scam, be careful!
thatbluedude
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January 29, 2014, 03:22:34 PM
 #16753

I am just wondering what is going to happen to the Immersion Cooling Mining Facility/Technology if ASICMINER is going to be chip-selling only.
AM won't go 100% chip production. read the chip thread
https://asktom.cf/index.php?topic=438359.0
 "Full devices from ASICMiner are definitely going to exist "
101111
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January 29, 2014, 03:36:21 PM
 #16754

"The open-source part will be the reference PCB, not the chip."
gnomesick
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January 29, 2014, 03:40:02 PM
 #16755

No one?  Really? ...

Okay, I'll go :-)

This week's divs = 0.00061457

Nice little bump up from last week, to go with the good chip news.
dmcdad
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January 29, 2014, 03:41:41 PM
 #16756

This week's divs = 0.00061457
Confirmed here as well.
neilol
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January 29, 2014, 03:46:02 PM
 #16757

This week's divs = 0.00061457
Confirmed here as well.

Wasn't expecting so early. confirmed

Dargumin
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January 29, 2014, 03:52:53 PM
 #16758

Lots of AM 100 shares for sale at the current ask price  Huh

Was my post useful to you?  Tips graciously received!
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Lloydie
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January 29, 2014, 04:04:13 PM
 #16759

Little speculation:
It's quiet possible that friedcat may sell 1 milion chips/month. Price 12$/chip, production cost 2$(?)/chip, profit 10$/chip.
10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

EDIT: And 1M chips is 12PH. If that kind of hashing power will come online every month those chips become very expensive very quickly.

You do realize shares aren't worthless as soon as you buy them, you can still sell them. You are talking about yield. And in your case this would be a yield of 100% a year, which is exorbitantly high. AM usually resides at about 25-30% yield a year. This would constitute a share price of 1 BTC in your calculations. Also, don't forget new hardware that'll be in development.
With most energy efficient chips, the only question is when FC captures 400k Btcs of the next 1.3 M + transact fees. This is a no brainer.
lame.duck
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January 29, 2014, 04:09:24 PM
 #16760

Update
The tapout date is pulled back to early Feburary due to further modifications for robustness and stability, but mass delivery date is still March.

Hello, first i want to thank you for the update. but some question for the curious:

How does this work, a later schedule for the tape out but no change in the timeline for mass delivery? As far i understand chip manufacturing it takes around a day per layer and there a over 3 dozens of layers to be processed?
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