ASICMINER Speculation Thread

[dexX7]

Doesn't it have a much higher NRE?

Yes. Ken from ActM mentioned NRE costs of $1m for the structured ASIC from eASIC (which is like "half FPGA - half ASIC" and thus much cheaper), CoinTerra needs to raise $5m for their full custom 28nm ASIC, if I'm not mistaken..

If the NRE costs listed in the report are indeed for the 40 nm line, then it's only $210,119.50.

[Fordee]

I'm sure he has done the maths, but I wonder if 28 nm was excluded because he couldn't attract the talent? Why did 3 other startups choose 28 nm? Are they all wrong and FC is right?

 
 I think you are right...   (even bitfury had the right approach imho..)  When you look at the increased performance of .28 and the huge NRE cost vs the cost of actual chip production, and the cost of per-chip cooling systems with fans and what-not..   
 
   It makes a lot of sense.   If 40nm gives him access to foundry production faster than 28nm, and he can deploy and mine with immersion cooling, densely packing boards that don't require any fancy fans/heat-pipes/etc..    He can mine and wait for all the other manufacturers to bleed to death when they can't afford a 2nd wafer run and 28nm sales dry up.

He can sell blades with decent hashrates, and fairly densely populated boards that can still be stacked and air or immersion cooled cheaper than a 4U Enclosure thats mostly cooling with 2-4 chips.

 tl;dr; -   Sometimes it's not the fastest horse that wins but the smartest that pacesthemselves over the long term.   
 
  I'm panic buying while it's cheap... because when bitcoin is $400+, I can still count on divs, even if I cant afford shares.

[rudrigorc2]

And what if asicminer decides to quit the race?

[Fordee]

Then... at least I didn't bet on labcoin

[KS]

I'm sure he has done the maths, but I wonder if 28 nm was excluded because he couldn't attract the talent? Why did 3 other startups choose 28 nm? Are they all wrong and FC is right?

It could be both, but the poor 28nm design from KFC vs the good 55nm BitFury design shows that 28nm is not necessarily the best choice. There is another problem: you can't flood the network with ultra fast miners unless you want to kill it. That means slow deployment. If it means slow deployment, why spend millions on a process you can't use before everybody else has caught up? Stick with cheap and iterate. Next year 28nm will cheaper than this year, etc.

28nm looks cool, but is it really useful (right now) for mining? I don't think so.

[professorY]

  I'm panic buying while it's cheap... because when bitcoin is $400+, I can still count on divs, even if I cant afford shares.

QFT.

[Franktank]

anyone know the total amount of dividends paid out per share since the start?

thanks

It's a total payout of 0.5941/share, a profit of 0.4941/share (removing the 0.1 initial investment).

[tinus42]

anyone know the total amount of dividends paid out per share since the start?

thanks

It's a total payout of 0.5941/share, a profit of 0.4941/share (removing the 0.1 initial investment).

So board members from the early hour made at least BTC2470.5 in dividends in only 14 months if they held on to their shares. AM must be one of the best investments ever (for the people who got in early).

[chriswilmer]

anyone know the total amount of dividends paid out per share since the start?

thanks

It's a total payout of 0.5941/share, a profit of 0.4941/share (removing the 0.1 initial investment).

So board members from the early hour made at least BTC2470.5 in dividends in only 14 months if they held on to their shares. AM must be one of the best investments ever (for the people who got in early).

This is undisputed. If you bought at the IPO price and sold this summer, while Bitcoin itself climbed by 10-20x in value, you made the one of best investments in human history.

[ThickAsThieves]

Announcing G.ASICMINER, AM100, and TAT.ASICMINER temporary conversion services:
https://bitcointalk.org/index.php?topic=99497.msg3452278#msg3452278

[freedomno1]

So Havelock has become a real exchange, one less prone to an immediate shutdown in my opinion thoughts?
And yes it applies to AM speculation as it means we are a bit less worried about overall stability of shares on this exchange and our shutdown concerns.

https://www.havelockinvestments.com/20131101-announcement.php

https://www.havelockinvestments.com/20131101-announcement.php

FOR IMMEDIATE RELEASE

November 1, 2013 - Havelock Investments (HavelockInvestments.com), a leading Bitcoin Denominated Investment Fund, announced today that it has executed a definitive agreement to be acquired by The Panama Fund, S.A, a fully licensed and registered Panamanian Investment Company.

The acquisitions creates the world's first, fully licensed, Bitcoin Denominated Fund Exchange, where companies from around the world will be able to raise capital directly, through the exclusive use of Bitcoins.

With this acquisition HavelockInvestments.com will be able to maintain its current Funds, as well as expand its operations, while attracting new opportunities in the rapidly expanding Bitcoin Marketplace.

The original HavelockInvestments.com team will remain in place and will play a key role in the future growth of the company.

[velacreations]

any discussion on the AM cube?
http://www.wtcr.ca/catalog/product/bm-ambec-01

[nubbins]

any discussion on the AM cube?
http://www.wtcr.ca/catalog/product/bm-ambec-01

Great deal if you're a sucker

[User705]

What is this cube and where are the specs?  Or is it just some blades taped together in a square?

[muyuu]

What is this cube and where are the specs?  Or is it just some blades taped together in a square?

It's probably something like that. Judging from the hashing power, it should be 3 blades. Hopefully properly set up in a box and with some cooling solution. It'd pretty sweet if it wasn't for the insane difficulty of the network.

[velacreations]

For people who have AM direct shares, myBitWorth now let's you track their value using a reference from one of the exchanges: https://bitcointalk.org/index.php?topic=318306.msg3481788#msg3481788

[dexX7]

So what's your take? AM is one of the last safe harbors now.

[velacreations]

So what's your take? AM is one of the last safe harbors now.

well, they offer direct shares, so that's a plus.

[ishkur]

AM is the only safe investment right now

[wmcleod]

AM is the only safe investment right now

i would argue there are a few others...