ASICMINER: Entering the Future of ASIC Mining by Inventing It

[_mr_e]

I have waited for this day since I bought my first stupid share at 3 btc on the way down... I scooped up more then my fair share at 0.3 to make up for it:D

[BitHub]

CHRIST I'M EXCITED. Should buy my 100 shares now or wait for it to dip a lil more?

[novusordo]

[minerpumpkin]

Ahh, well there's a flaw in your reasoning, though: Producing the chips will cost effectively the same in 3 months or even 6 or 12. A fabrication process in that size isn't prone to such drastic price decreases (compared to difficulty increase) AFAIK. So they'd best be producing as many chips as they can sell or put to use within a reasonable timeframe without parking to much liquidity in chip orders.

OK. but the production costs of pretty much all technologies reduces over time as improvements in manufacturing technologies and competition increases. This is pretty standard in nearly all tech related industries.

I understand what your saying, but there should be at least a 5% drop in costs minimum over three months, and given production of this size, I would have thought it would be beneficial to fabricate allot closer to delivery times.

But at the same time, my experience comes from manufacturing technologies in general, this is my first foray into chip manufacturing. Are you certain? It just doesn't mix well with what I know about the manufacturing industry, especially in the digital space.

Thanks for your critique.

I'm not an expert in IC design or similar as well, but even if we saw a 50% decrease over 3 months, we'd still see a 500% increase in mining difficulty. Even if the production cost goes down significantly, it still can't 'outrun' the difficulty increase at all. I believe FC knows best and plans accordingly

[minerpumpkin]

How about another round of questions after the first upcoming dividend? Minerpumpkin, would you volunteer to collect and forward the questions again?

Yeah, why not! I also believe waiting for the dividends/financial statement first is a good choice. Keep them coming, preferably via PM so I don't need to dig through pages of calculations, trains, and Gandalfs.

Would be great if they just hired someone to do PR. they have more than enough revenue

Friedcat, just give me a call

[binaryFate]

Would be great if they just hired someone to do PR. they have more than enough revenue

Hiring somebody for the PR means less dividends. Probably negligeable, but nevertheless it's important to remember that "they" is partly us.

[necro_nemesis]

Would be great if they just hired someone to do PR. they have more than enough revenue

Hiring somebody for the PR means less dividends. Probably negligeable, but nevertheless it's important to remember that "they" is partly us.

There would be no "they" without investor support in the first place.

[chairforce1]

Does anybody know the schedule for converting sales to BTC? I think a few walls were eaten and I'm wondering if the price spike would be conversion.

[bitcoin.newsfeed]

Does anybody know the schedule for converting sales to BTC? I think a few walls were eaten and I'm wondering if the price spike would be conversion.

I was thinking about the same. Could be quite possible, clients obviously have chips in-hand and its one week before financial statement and divs. This 10% spike could be Friedcat's power combined with faked multiplied volume on China's exchanges.

[binaryFate]

Does anybody know the schedule for converting sales to BTC? I think a few walls were eaten and I'm wondering if the price spike would be conversion.

I was thinking about the same. Could be quite possible, clients obviously have chips in-hand and its one week before financial statement and divs. This 10% spike could be Friedcat's power combined with faked multiplied volume on China's exchanges.

A lot of "maybe"... but that would be in time for good-old-times wednesday's juicy divs.

[cs54]

Is there any actual indication that there will be divs tomorrow?  I thought that was more like next week, with financial statements.

[ryepdx]

AFAIK, dividends are still on for the 27th. I'm guessing binaryFate is just bad at calendars.

[binaryFate]

Sure, I'm just hoping out loud.
But who knows, if I remember well divs were said to come together with financial statement, or slightly before. Tomorrow is the last wednesday that is before the 27th.  

This said, I don't think it's very likely we get anything before next Tuesday. I wouldn't be surprised by one or two weeks delay neither, after that.

[bitcoin.newsfeed]

I wouldn't be surprised by one or two weeks delay neither, after that.

There is no logical reason for another delay. Clients have chips, they paid for chips, Friedcat has money.

[gogxmagog]

as long as the divs are aggressive when they arrive, then I'm ok to wait a few days.

[freedomno1]

I wouldn't be surprised by one or two weeks delay neither, after that.

There is no logical reason for another delay. Clients have chips, they paid for chips, Friedcat has money.

Well the question presently is when the dividend will be paid out and if we will keep a weekly schedule for dividends or if they will switch to a monthly or biweekly payout schedule. If I recall correctly think they were considering monthly not sure if that was how it will be though.

[ryepdx]

Well the question presently is when the dividend will be paid out and if we will keep a weekly schedule for dividends or if they will switch to a monthly or biweekly payout schedule. If I recall correctly think they were considering monthly not sure if that was how it will be though.

Those questions were answered a few pages back. I'm keeping http://friedcat.info updated with all the news, so you don't have to dig through pages and pages of posts to get to the good stuff. Here's a TL;DR:

1) Dividends are coming May 27th.
2) We are "most likely" switching to a monthly schedule.

[freedomno1]

Well the question presently is when the dividend will be paid out and if we will keep a weekly schedule for dividends or if they will switch to a monthly or biweekly payout schedule. If I recall correctly think they were considering monthly not sure if that was how it will be though.

Those questions were answered a few pages back. I'm keeping http://friedcat.info updated with all the news, so you don't have to dig through pages and pages of posts to get to the good stuff. Here's a TL;DR:

1) Dividends are coming May 27th.
2) We are "most likely" switching to a monthly schedule.

Thanks for reminding me was a bit lazy no real changes on this for the last month
Still on the asicminer watch so appropriate name ^_^
Going back to a really old note I wonder if AM has any names they can use to advertise with still have all the domain-names XD
Website someday ^_^

[asiabtc]

we, LIGHTNINGASIC, provide OEM service based on Asicminer Gen3 chipset.
there 1st batch miners shipped out.
if you have interesting to run big farm, pls contact with me freely.
thanks.
Jack.
www.lightningasic.com.

[asiabtc]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

take a look lightningasic LA800G. its 1.1W/GHS, on wall.
its not bad for 40nm design.