mechs
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September 26, 2013, 04:24:35 AM |
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I bought a few more shares at <2.
The divs alone are worth it at this low price.
Only if the dividends are maintained. I think with bitfury shipping and more of the competitors with October/November shipping dates, ASICMiner does not seem to be giving out news indicating it will be able to keep up with this next generation. It was easy when their competition was BFL and Avalon (2 poorly run companies), but now serious competition has come and minig about to be commoditized. You can quote me on this - Asicminer is at 2.2 right now. It will see 1.2 BTC before 3.2 BTC. I'll quote it. Gentlemans wager of 1 BTC? You pick the exchange. I am more like 0.5 BTC sure;) BTCT the exchange on the ASICMINER-PT shares. I win if any trades for 1.2 BTC before 3.2 BTCYou win if vice-versa deall? Sounds good! No short selling on your part. I'll keep to my word. If you worried, we can escrow the bets. Congrats, mechs - wager paid this morning kibbles is a man of his word and made good on his wager.
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mechs
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September 26, 2013, 04:27:15 AM |
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(...) he announced the 2nd gen would be 55/45 (...)
I don't remember he announced that, and I can't find any record of him saying this in his history. Could you link me to that announcement? Of course. https://bitcointalk.org/index.php?topic=99497.msg2246754#msg2246754I actually fucked up - he said "65/55" not "55/45". My mistake - all 3 are ITRS nodes or half nodes. If it does turn out to be 65/55 while the competition will have 28nm tech going out around the same time, well then we will be going back to sub-1 values. I really hope that is not the case.
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Fordee
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September 26, 2013, 04:56:07 AM |
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I'll keep to my word. If you worried, we can escrow the bets.
Congrats, mechs - wager paid this morning Someone should def be giving Kibbles a +1 trust.. In the bitcoin world, this is def worth a trust.
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JimiQ84
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September 26, 2013, 05:16:01 AM |
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(...) he announced the 2nd gen would be 55/45 (...)
I don't remember he announced that, and I can't find any record of him saying this in his history. Could you link me to that announcement? Of course. https://bitcointalk.org/index.php?topic=99497.msg2246754#msg2246754I actually fucked up - he said "65/55" not "55/45". My mistake - all 3 are ITRS nodes or half nodes. If it does turn out to be 65/55 while the competition will have 28nm tech going out around the same time, well then we will be going back to sub-1 values. I really hope that is not the case. KNC's 28nm has worse parameters than Bitfury's 55nm. So node size really doesn't say anything
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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September 26, 2013, 06:23:58 AM |
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(...) he announced the 2nd gen would be 55/45 (...)
I don't remember he announced that, and I can't find any record of him saying this in his history. Could you link me to that announcement? Of course. https://bitcointalk.org/index.php?topic=99497.msg2246754#msg2246754I actually fucked up - he said "65/55" not "55/45". My mistake - all 3 are ITRS nodes or half nodes. If it does turn out to be 65/55 while the competition will have 28nm tech going out around the same time, well then we will be going back to sub-1 values. I really hope that is not the case. KNC's 28nm has worse parameters than Bitfury's 55nm. So node size really doesn't say anything That's because KNC's design is an FPGA conversion. Bitfury's is a full-custom, just like Cointerra's and HashFast's and ASICMiner's will be. (So, yeah, the node says a lot, just not everything.)
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runeks
Legendary
Offline
Activity: 980
Merit: 1008
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September 26, 2013, 04:08:51 PM |
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(...) he announced the 2nd gen would be 55/45 (...)
I don't remember he announced that, and I can't find any record of him saying this in his history. Could you link me to that announcement? Of course. https://bitcointalk.org/index.php?topic=99497.msg2246754#msg2246754I actually fucked up - he said "65/55" not "55/45". My mistake - all 3 are ITRS nodes or half nodes. If it does turn out to be 65/55 while the competition will have 28nm tech going out around the same time, well then we will be going back to sub-1 values. I really hope that is not the case. KNC's 28nm has worse parameters than Bitfury's 55nm. So node size really doesn't say anything That's because KNC's design is an FPGA conversion. Bitfury's is a full-custom, just like Cointerra's and HashFast's and ASICMiner's will be. (So, yeah, the node says a lot, just not everything.) You never go full custom. Except with ASICs.
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bbxx
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September 26, 2013, 04:16:45 PM |
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Knc update:
No redunds from now No chips yet Proof of hashing coming in days
Great news for AM shareholders and miners.
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JimiQ84
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September 26, 2013, 04:28:07 PM |
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even bitfury was few weeks late, I guess KnC will ship within this year.
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twentyseventy
Legendary
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Activity: 1386
Merit: 1000
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September 26, 2013, 04:28:57 PM |
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Knc update:
No redunds from now No chips yet Proof of hashing coming in days
Great news for AM shareholders and miners.
I haven't followed the KnC thing, but here all the late bets are a No. Love that people are willing to still bet no for a .3% return
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romerun
Legendary
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Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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September 26, 2013, 04:48:19 PM |
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the knc pre-order was suspicious since the started, it goes like customer can pay with payal/cc, but delivery date is a bit more than 3 months, which is beyond the refundable period of paypal/cc. A calculated move, I guess.
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User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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September 26, 2013, 07:34:09 PM |
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the knc pre-order was suspicious since the started, it goes like customer can pay with payal/cc, but delivery date is a bit more than 3 months, which is beyond the refundable period of paypal/cc. A calculated move, I guess.
for CC orders through PayPal you can chargeback the CC for a long time if it is non-delivery. You will however kiss your paypal account good bye.
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Jayjay04
Legendary
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Activity: 1364
Merit: 1000
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September 26, 2013, 08:19:49 PM |
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Credit card refund are always the best solution if you used it !
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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September 26, 2013, 08:47:50 PM |
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the knc pre-order was suspicious since the started, it goes like customer can pay with payal/cc, but delivery date is a bit more than 3 months, which is beyond the refundable period of paypal/cc. A calculated move, I guess.
for CC orders through PayPal you can chargeback the CC for a long time if it is non-delivery. You will however kiss your paypal account good bye. Probably worth it for an order worth multiple thousands... Would they block you from ever starting a new account?
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isimme
Member
Offline
Activity: 78
Merit: 10
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September 26, 2013, 09:48:36 PM |
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the knc pre-order was suspicious since the started, it goes like customer can pay with payal/cc, but delivery date is a bit more than 3 months, which is beyond the refundable period of paypal/cc. A calculated move, I guess.
for CC orders through PayPal you can chargeback the CC for a long time if it is non-delivery. You will however kiss your paypal account good bye. In my experience this wasn't true. I contacted Paypal about a refund with BFL and they said it was beyond 90 days so they could not do anything, but they did recommend contacting my credit card company which I did. My credit card company credited back my card with a little bit of hassle. Since then I have used my Paypal a bunch of times with no issues or any kind of blowback.
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If I was able to help you in anyway, tips are appreciated: 1A1RcqRKdApT4ViLmZcdDBES8rov3zjMYp
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User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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September 26, 2013, 09:54:33 PM |
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It's likely that there was money to get from BFL and you basically forced paypal to go get it through a chargeback but I don't see them leaving your account in the positive if they wouldn't be able to recover.
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mechs
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September 26, 2013, 11:31:35 PM |
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I'll keep to my word. If you worried, we can escrow the bets.
Congrats, mechs - wager paid this morning Someone should def be giving Kibbles a +1 trust.. In the bitcoin world, this is def worth a trust. That was the first thing I did
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lophie
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September 26, 2013, 11:53:24 PM |
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Ok guys so back to the main subject. ASICMINER once more hit a new bottom plus BTCT is closing soon! but it seems the price is kinda going a little bit up or stabilizing because of the update. Now here comes the question the mining and hardware sales are still kinda low.... So for the next few weeks prior to the new blades hashing. Are we to expect even lower divs? I personally do think that. What are your opinions?
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Will take me a while to climb up again, But where is a will, there is a way...
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conv3rsion
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September 27, 2013, 03:43:55 AM |
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Ok guys so back to the main subject. ASICMINER once more hit a new bottom plus BTCT is closing soon! but it seems the price is kinda going a little bit up or stabilizing because of the update. Now here comes the question the mining and hardware sales are still kinda low.... So for the next few weeks prior to the new blades hashing. Are we to expect even lower divs? I personally do think that. What are your opinions? depends how fast the blade prices come down. Right now they are too expensive for your average miner.
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VeeMiner
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September 27, 2013, 06:00:32 AM |
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Ok guys so back to the main subject. ASICMINER once more hit a new bottom plus BTCT is closing soon! but it seems the price is kinda going a little bit up or stabilizing because of the update. Now here comes the question the mining and hardware sales are still kinda low.... So for the next few weeks prior to the new blades hashing. Are we to expect even lower divs? I personally do think that. What are your opinions? depends how fast the blade prices come down. Right now they are too expensive for your average miner. there are couple important facts that we know now - main datacenter can only hold around 50 Thash so the solo hashing won't bring nearly as much as it did before - there will be 500 Thash incoming for sale and franchising next month - there will be Gen 2 chips coming november/december so I guess untill the 500 Thash worth of chips arrives we will not see any high divs. After that we will get pretty good dividends and gen 2 will definitely be a game changer, it's the only way to stay competitive in such a competitive area
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supert
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September 27, 2013, 10:01:56 AM |
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Well I bottled it and asked burnside to transfer my shares to direct so I can sleep at night.
Not sure if that was a good idea...
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