Well, if I am in a negative position having spent .00135, I am in an even more negative position if I spend .00150.
And seriously, NOTHING beats a doorstop any day of the week, especially a door stop that cost you a couple of hundred bucks a month to host.
You are in a negative position after spending .00135 because of the high hosting fees where spending .00150 brings you lower hosting fees. But this is an offtopic subject so I will not reply to it in the future. |
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if Knc offer a second Titan and ship before October and the Titan deliver 600 Mh/s for 600 watts, they will feel OK. else they feel deeply fucked. Well let's see: - ship before October - possible, but highly unlikely - 600Mh/s at 600W - highly unlikely, almost impossible considering they already raised the specs once - free Titan - from the cheap ass Sam? Never! |
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4) Started mining again, from july (300ish~ position in BTCGuild on July grew steadily to 4th position NOW) So what are you saying is that AM has only 200Th/s for the self mining? |
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except we were already fully aware of the implications a year ago
they havent suddenlly turned cuntish, its been evident all along.
the ONLY thing that has changed is when they ALL mutually agreed to equally fuck us over.
now theyre in collusion, nothing else has changed. (except their ball-less cheer squad have finally STFU)
cunts I KNEW that something was fishy after seeing Sam's picture with thief Josh Zerlan + Avalon. |
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Chips, un-boarded, do not make mining hardware. Staff of 1-3 receives chips, boards chips. Boards wired, working miners. If you'd quit playing DotA and actually go to your engineering classes, you'd know that.
My earlier explanations have been more than patient for the aggressively naîve troll, but hopefully they can be referenced if anyone needs an explanation on why DC hosting fees would be smaller than would be expected for a full-scale IT operation for a typical company working with fiat-priced products.
So...you consider yourself a little Phinnaeus Gage and you started digging for information about me over the internet. So now we got that covered too. Getting angrier with every post huh? I know that chips unboarded do not make mining hardware, but instead of ordering the massive amount of chips (more than the total hashrate at that moment actually which I find pretty strange) of 60PH just to look at them AM could have ordered 50PH or 40PH or 30PH and with the money difference they could self mine. I consider this a bad decision. Prove me wrong! Regarding the DC. Why are you comparing it to a full-scale IT operation? I feel that you invented this to lie to yourself about the lower fees/costs because I have never compared it to anything! I only said that there are some DC costs that you just can't ignore when you are trying to deploy 30+MW. I never said about a regular DC or a full-scale IT operation. Actually the fact that for bitcoin mining you only need a ghetto/minimalist DC is well known and was already discussed on the Hardware forums. You just need good cooling and space in order to do it the cheapest way possible, BUT the electrical costs are still considerable and you can't ignore them! *I wish I was so good at DotA as I am at bitcoin mining! |
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Whoops! Yeah OK... only a 90,000,000 math "mistake".  I'm glad you aren't trusted with any real responsibilities other than spamming and pontificating. Do yourself a favor and go away. I'm done. When do you expect dividends? |
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garbage
Go spam your affiliate link somewhere else you unscrupulous fuck. No one likes you for good reason. You add nothing to the conversation, but that was never the point was it? Reputation might not mean much to you now, but someday soon...it will. More trashing from AM shareholders. I have developed a hard skin against you so keep it coming, but remember that it will not bring your dividends faster. I am not the only one with an affiliate link. Aren't you aware of the Tube signature campaign? How would you feel that everyone that got an AM Tube signature was being trashed like you trash me? Would you like it? Do you find it appropriate to just trash someone for his signature instead of replying to his legitimate concerns? I am trying to have a discussion and all you people are doing is trashing. Ok...Still waiting for some proofs/reasons of AM being king and ruling all over everyone else. |
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Hey dogie how do you measure the size of a company? What do you take into account?
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Yes, the chip numbers are up in the air, but remember that they include sales to Rockminer, BTCgarden, HR - many of whom assemble and resell miners across the customer segments I mentioned this morning in addition to mining on their own or as franchisees. Ergo, the entire 60 PH isn't necessarily coming from ASICMINER alone, but rather its now been split both vertically and horizontally across the transfer (chip) and miner markets along the resale and company mining channels.
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- chips/hardware scale widely to individual servers via controllers, minimizing the bulk of the assumed costs in a reference model
...
You lost me with these 2 statements, but if the costs are so small why didn't AM start the self mining 2-3 months earlier? They had chips just sitting on shelves instead of putting them to work. I see there a big loss in revenue. When will FC share the speed of AM self mining? When will dividends come? I have a feeling we will not see any of them in September either. Also what's the status of gen4 development? Nobody knows, but AM is king! |
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Do you know how much DC contracting costs for an operation this size, from wiring and meet-me rooms to ISP fees and WAN maintenance costs? Do you know the costs FC's contracted for any custom-built hardware used for mining? You're assuming they sold 20-30PH of chips? Including those they sold to their affiliates and franchisees along with the tubes?
Damn, man, you must have some special privileged access to AM's books or be financially clairvoyant. Why are you wasting your time here? You and NotLambchop should just skip the little league here and set up shop on Wall St. Surely you'd make a better return on trading real equities instead of the chump change listed within these shadowy forum threads.
I don't know the costs, but I know that the electrical stuff is expensive and I'm thinking that electrical stuff for 40MW must be a bit expensive. Since FC doesn't want to share anything then I can only assume yes. And I got my numbers by looking at the big chinese farms. Hashratio(4PH?), RockMiner etc. It seems that I am paying more attention than you as shareholders. At least I am trying to figure stuff with what piece of information I can get, while you as shareholders only wait for FC statements and nothing else. |
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60 PH/s of chips on hand. So these little dollars-and-cents-per-chip arguments are trivial since the chip costs are already cleared in the books. Electric bill for deployment comes at the end of the month. Mining with GHash (if that's been the case) would've been safest to minimize variance to ensure that bill gets and has been getting paid.
After AM ordered those 60PH chips they were out of liquidity. Since we don't know how much they sold (I'm assuming ~20-30PH) we don't know how much money do they have for self mining deployment, but take note that money are needed for gen4 too in the same time! Also while electric bill comes at the end of the month there are other bills that you have to pay before you start mining and that is the rest of the hardware needed for miners plus the DC deployment. Also buying large quantities of components for miners usually take a bit of time to arrive and that doesn't help the self mining at all if they were ordered after they sold chips. |
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tzortz did you pay your bet for this scammers? |
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Let's bring the 60PH/s of chips issue again to discussion. At 0.5$/GH you need 120M$ just for the miners,
That's not how math works. If they wanted to build a 30PH farm at $0.35/gh they would only need $10,500,000. Whoops! Math mistake. It's 30M, not 120M. As for the 10M$ that is only for miners. What about deployment costs? Does AM has 10M$ to deploy that hashpower? Don't think so. Even if they did and they took this route that means there will be no more money to start gen4 chips and they will need to wait to mine something and that takes time which means a slower gen4 release. No scenario seems to be a good one for AM in their current position. Got a better one? Please share. |
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Folks that are locked into data center contracts will likely continue to mine at a loss in order to minimize how much they lose.
The data center doesn't care if your business is profitable. They just want their monthly fee for the entire term of your contract.
Josh, are you still running S1s? If so, that is definitely the problem. Mining is a brutally competitive game, and you have to continually upgrade your hardware or get left behind. Mining does feel a lot like running in place on a hamster wheel at times.
I would dump all the S1s you have for whatever you can get for them on Ebay and start upgrading to more efficient hardware ASAP...
I am stuck in a DC like this for 6 months, but I have the free option to underclock my miners and to swap old miners with new ones with no additional fee. |
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Do you still have a 50kW minimum limit?
Hi RoadStress, No - happy to say we've reduced the minimum right down to 10kW. A Anyone from here or from the forum that has hosted with hydro66 to leave a small review? I however understand your position when marketing yourself to the owners of Spondoolies' hardware which is in large part "status symbol" crowd. Since I am one of the owned of Spondoolies hardware that will host there I can say that I took the decision before seeing any picture of the DC so I am not in that crowd when it comes to picking the hosting provider. But I must admit that I like pretty OCD cables |
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More assumptions. Come back when you actually know what a fact is.
Guys! Facts are definitely at a premium here. Just about the only irrefutable fact we have is the current market price: ฿0.1705 on heavy volume. Allow me to be the first to congratulate you for ignoring me, Mabsark. Again. Much to the same results.  He is expecting facts from me, but he isn't sharing any! I still don't understand why are the shareholders so biased or so blind? I thought that people investing money have a larger idea of everything in general, but here I see only people with horse glasses. Edit: Here is a fact Mabsark: Actually with the 3 big builders ; bitmaintech,bitfury,knc there must be over 100ph self mining. Here is one miner that is stating the big players. Show me a non-shareholder who thinks AM is a big player when it comes to self-mining and to consumer sales. I also invite you to the Hardware section to check with miners there what do they think about AM. |
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Please contradict my shit with real world facts. Where is AM now in the mining world? AM is a small player when it comes to self mining and when it comes to consumer business. They had/have some business 2 business contracts, but nothing big. Does AM compare to Bitfury, KnC, BITMAIN? I don't think so. Again, if you can contradict me with real world facts please do, but if you plan to just insult me then just don't bother replying.
I always do. Just like I did then. Care to refresh my memory? You want to bring that up? Sure. Let's bring the 60PH/s of chips issue again to discussion. At 0.5$/GH you need 120M$ just for the miners, not counting the deployment costs if you do it on a large scale and I find really hard to believe that there are so much money flowing into mining with this exchange rates and in such short amount of time.
Well, what else do we know about AM apart from that? We know that they sold some of that 60 Ph/s as chips and we know that they've sold some as miners, so obviously there isn't going to be a 60 Ph/s mine. They're the known facts. Look, you can't claim that you have no idea how much hashing power AM is mining with and then claim they are small potatoes and present that as a fact. That is not a fact, that is simply your assumption. In other words, just bullshit you are pulling out your arse. In order for you to claim that as a fact, you would need to know how much hashing power AM has and then compare that to the other players. More assumptions. Come back when you actually know what a fact is. So you managed to trash me again, but you gave 0 real life facts to prove your statements. Please show me facts, not trashing. We all know that Bitfury was the one to get close to the 50% mining hash power. What do we know about AM? Nothing. And yet you still think they are a big player in the mining world...ok. I won't bother replying to you because it's a yes-no-yes-no game especially from your side. Come with real facts or proofs and then we can talk. Until then AM is a small potato in the mining world. Remember that I will donate 0.5BTC when AM will(IF) reach 15% of the total hashing power. I am willing to up my donation to 1 BTC if you put some money in the middle. |
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I purchased 7Mh / s of scrypt Cloud Mining. It had to start 30/08/14, but nothing. I sent several e-mails but nothing ......... Has anyone bought the same service?
You have been warned... |
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