The sales of these blades at about 1 BTC/GH/s means that AM's existing 50 TH/s hashrate can be valued at no more than 50,000 BTC...
You're not investing in hardware, it's not a PMB. You're investing in a bunch of people who can deliver. Doesn't help that everybody and their grandma is launching their own ASIC line in the near future, then. BFL and Avalon have proven to be fuckups, but every time a new company comes to market (KNC, BitFury, HashFast, Cointerra), you're betting that company will fail to take any market share. It's an unenviable position. So the fuck what? There were 4 companies last year starting to develop asics. One failed completely, and two others still can't ship for shit a year later, regardless of taking in millions of dollars. By the time some other serious competitors actually do arise (if it happens), AM will be on 2nd or 3rd gen tech and have much more mature infrastructure (resellers, etc). So the basis of your argument is that ASICMiner is a miracle, and all the other companies are going to go the way of BFL/Avalon? That's a bold gamble, considering the starting cash that some of these guys are getting (Cointerra, for example, has experienced industry professionals and $1.5M in private equity, not preorders). And the "2nd or 3rd gen tech" argument is silly, since the new startups are going straight for those nodes, they're not starting at gen 1. The reality is that the barrier to entry for new ASIC companies is quite low. In my opinion, either ASICMiner was a lighting strike, or things are going to turn sour for them. But hey, I've been saying this since 2.5 BTC a share. I'm wrong so far. The basis of my argument is that you are ignoring the advantages that AM currently has and continues to strengthen because of their current position AND that there have always been a number of competitors who have failed to execute (for whatever reason). Bitfair did a nice job of highlighting some of these advantages. I'm not saying that AM will maintain their current market share (and I also don't think that their current stock price requires that they do, unless someone else can return better than 30-40% APR for six straight months), but I am saying that the NUMBER of competitors is largely irrelevant. |
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The sales of these blades at about 1 BTC/GH/s means that AM's existing 50 TH/s hashrate can be valued at no more than 50,000 BTC...
You're not investing in hardware, it's not a PMB. You're investing in a bunch of people who can deliver. Doesn't help that everybody and their grandma is launching their own ASIC line in the near future, then. BFL and Avalon have proven to be fuckups, but every time a new company comes to market (KNC, BitFury, HashFast, Cointerra), you're betting that company will fail to take any market share. It's an unenviable position. So the fuck what? There were 4 companies last year starting to develop asics. One failed completely, and two others still can't ship for shit a year later, regardless of taking in millions of dollars. By the time some other serious competitors actually do arise (if it happens), AM will be on 2nd or 3rd gen tech and have much more mature infrastructure (resellers, etc). |
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real excited about this. thanks Canary.
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agreed, and the dlinks work with raspberry pi's, the ankers don't. Source: I have both. |
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i was predicting .02 with the rate at which the usbs are going out, but hopefully the blades will be ready soon and we'll be back up in the .025 - .03 range.
One things for sure, with USB miners now at 1/5 their original price, they are going to fucking MOVE.
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We of course don't accept pre-orders.
What we would like to make clear is that this pre-order was not initiated by rockxie himself.
fried cat is best cat |
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I knew you were gonna start getting PMs. LOL. Thanks for fast shipment again, btw. |
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if i can't buy them, a lot of people can't. what's that mean then?
demand is high, we should raise the price. somebody gets it. There might be room for some price increase. However, I feel that forcing people to go through resellers will help to build out the distribution network, which will be good for the longer term health of the company. Dealing directly with small, retail customers is an unnecessary headache for friedcat. we don't have to raise the price, we just have to maximize profit. Supply shortages means that we are failing to do that. So either we raise the price, or we increase supply. It has nothing to do with the resellers, they cant get them either (see btcguild 2-3 week backorder). |
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if i can't buy them, a lot of people can't. what's that mean then?
demand is high, we should raise the price. somebody gets it. |
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i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.
Try ebay  if i can't buy them, a lot of people can't. what's that mean then? |
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i've been trying to buy USBs for a week, the backorders everywhere (direct, btcguild, group buys) are getting really annoying. As a shareholder, I hope we can ramp up supply soon.
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At 3.61 BTC per share and a weekly mining dividend of 0.015, AM is 22% APR with absolutely NO HARDWARE SALES included.
LOL shit just got stupid cheap.
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here it is.. this weeks dividend is 0.02297025.
Very less than what i had expected / predicted.
What did you predict? You realize they aren't selling blades right now right? I predicted 0.022 so i'll take ~0.023 pretty happily. |
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Mike and Matt, we are all very excited for this new feature. Great job and thank you for continuing to push things forward.
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what is the order email address for US customers. I don't see it in the first post.
I believe the order email address for batches of 50 or more is asicminer.usb@gmail.com That is the email address I used in past communication for ASICMiner USB purchases. Thank you. |
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what is the order email address for US customers. I don't see it in the first post.
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this thread has gone to shit.
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