Price is too high for that delivery date. You need to rethink that.
|
|
|
ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs.
Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity. Yep, I will have a facility available for .02/Kwh this summer. Cheap power and credible ASIC management is where it is at. -D I think you are providing a very smart and needed service. $0.02 Kw/h is a killer! Yep, I am heading out there very soon to nail down a commercial space and get it under lease. More details to come, PM me if you want to be on pre-list for space. This will be phase two for ASIC once diff goes to 50,000,000 plus.
|
|
|
Everything about ASICS has been late so far. BFL super late, but even AVALON has yet to get ONE batch 2 in the "wild" and it was supposed to ship a month ago. From when Jeff got his batch 1 it pretty much still took over a month for anyone else to report having one - really took two months to have them out "in force".
While a half million chips may have been ordered, lets hope Avalon is as late with them as they have been with the rest of their stuff!
August? You really think whoever is buying these chips has enough capacity to get raw chips online and all that quickly?
Yes, there might be delays but overall, the capacity will be coming online this year.
|
|
|
40,000+ BTC at this funding address. That equals 50 order of 10,000 chips (approx.). You can see where the 490,000 chip estimate comes from.
|
|
|
I think what that earlier fellow meant was that pricing and difficulty will be relatively in sync when actors behave rationally. It seems that this asic phase is akin to the 2011 gpu phase when bitcoin price exploded, in that people acted foolishly. Just as people were taking out $20k loans to retrofit their house and buy GPUs and rigs (that they later regretted), we now see people pricing themselves in at $50,000 for a batch 1 avalon, $9000 for an ASICMiner blade, $80,000 for a batch of avalon chips, rather willy nilly. If this thread is correct, and 150TH of chips has been ordered *already* and people have shown little sign of slowing down on that unlimited train, there might be another glut of "oops, I spent way way way more than I should have" rolling down the track.
Would not surprise me if we once again surpass any reasonable plateau, and find ourselves in deep waters. A shame too, because it makes it very difficult to participate when I can't count on the other actors to not slit my throat along with their own.
Well put. Yes, I believe we are in " deep waters" so you will need to be really patient to ROI. One interesting side-effect is that now the network will be more secure for a longer period of time because miners want to recoup their investments. This creates an interesting situation. With the ROI being pushed out this far, I will be looking to expand my management service into a very very cheap power district much sooner than I thought to allow people to send their machines to me so their ROI time-frame improves. Road-trip time.
|
|
|
I think Avalon started something very interesting in terms of your chart. And that is they removed USD from the equation by pricing in BTC. As such, until they stop doing that, or competition forces them to price in fiat, there may be a duration where the exchange rate does not dictate the proliferation of miners. This is double the case since asicminer by default is denominated in BTC. Arguably tripled as well as it seems BFL will price in reaction to Avalon. The only price unlinkable to fiat is electricity, but currently that is not the main concern of asic miners.
So what your saying is because Avalon & ASICMiner are priced only in BTC, they are retaining a certain portion of BTC from miners forced upgrade to ASIC ( assume they are keeping a BTC reserve in a form of profits)? That would make sense because the nature of ASIC mining, it is a continual race toward efficiency until ( as organofcorti said) we hit the hash-rate plateau.
|
|
|
You have any silver rounds/bars or junk for sale near spot?
|
|
|
2 @ 0.5BTC
thank you for offer. I am seriously considering it.
|
|
|
Guys, I didn't start this thread for another trolling war to break out. If it's going to go that way, I'll just lock it... There are plenty of trolling threads already.
With the BFL history to this point, you have to know that frustration will bleed into any post that has anything to do with BFL. You talking about getting the first block is like salt on the wound for many. Just a thought.
|
|
|
Will be doing a full review soon, but I did purchase a pair of BeatsPro. They are legit and it was a smooth transaction. He shipped them quick, sent tracking and they were new in the box. I would purchase again and may be grabbing a pair for a friend soon.
Got pics? How do you know they're legit? To OP: Do you have a receipt? 30% off retail is uh.. I've never hear of it. $108 off an item seems to good to be true. Beats replicas are/were one of the #1 counterfeit things. Let me get some picts hosted for you. But yes, I watch a number of videos that talked about what to look for and everything checked out. Also the build quality is great and last and the most important. THE SOUND. They are so clear and loud, I can not turn them all the way up and at 3 clicks before max after 10mins of listening, my ears ring. They are the real deal.
|
|
|
I don't think difficulty is related to the exchange rate. The algorithm dictates a steady flow of 50400 BTC every two weeks regardless of the amount of processing power. Processing power just decides how those 50,000 coins are distributed.
Public exposure I believe to the be dominant component with exchange rate.
There is a good case for this. Short-term, there might be light correlation but overall, growth of the network and demand will be the ultimate driving factor.
|
|
|
Thank you for the detailed analysis as well.
|
|
|
Difficulty will be increasing like you don't know.
So in August we will have many of those: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.bilder-hochladen.net%2Ffiles%2Fk9l5-1y-14bf.jpg&t=665&c=5Cmri_rKLlmGyQ) Relevant interview with BFL buyers: http://youtu.be/_ERE4uiufqEDude you have to stop with the video. I literally am going to choke from laughing. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
Short answer - yes, it is possible. I know a couple larger buyers.
|
|
|
I think I did it right:
rKL8N2397PKMPWB1EPRZTvp5Vupj7JovAo
|
|
|
Oh, this gets interesting. I didn't expect this amount of sales in such a short timewindow.
Now it would be a golden time for BFL to start shipping if they don't want cancelled orders flooding in like crazy.
I knew this would come, now reality hits. Hope people are paying attention.
|
|
|
WTB XRP (Ripple) - PM me.
-D
|
|
|
The arms races is in full swing. Hope you can stay in the kitchen.
|
|
|
Will be doing a full review soon, but I did purchase a pair of BeatsPro. They are legit and it was a smooth transaction. He shipped them quick, sent tracking and they were new in the box. I would purchase again and may be grabbing a pair for a friend soon.
|
|
|
|