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freedomno1
Legendary
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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November 08, 2013, 05:49:33 AM |
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Repost: Pictures of oil fried cats pass through my mind  ( No its not animal cruelty its ASIC art  ) |
Believing in Bitcoins and it's ability to change the world
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VeeMiner
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November 08, 2013, 07:21:16 AM |
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Repost: Pictures of oil fried cats pass through my mind ( No its not animal cruelty its ASIC art ) looks really nice |
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AMuppInTime
Donator
Sr. Member
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Activity: 290
Merit: 250
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November 08, 2013, 08:22:45 AM |
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immersion cooling is however a fancy cooling system. I'd be lying if I said I have full faith in it - I'm rather skeptic as (1) feasability and (2) execution. Many points of failure for something that appears peripheral to the mining world?
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VeeMiner
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November 08, 2013, 09:07:11 AM |
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immersion cooling is however a fancy cooling system. I'd be lying if I said I have full faith in it - I'm rather skeptic as (1) feasability and (2) execution. Many points of failure for something that appears peripheral to the mining world?
in 2 years there will be only immersion cooling mining farms because it's so much more effective then air cooling. |
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ex-trader
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November 08, 2013, 12:15:10 PM |
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immersion cooling is however a fancy cooling system. I'd be lying if I said I have full faith in it - I'm rather skeptic as (1) feasability and (2) execution. Many points of failure for something that appears peripheral to the mining world?
in 2 years there will be only immersion cooling mining farms because it's so much more effective then air cooling. Utter nonsense. Cooling is only a part of the overall cost structure. Many small miners don't run cooling. Also if AM runs farms in HK where the cost of electricity is high, then other miners can run theirs in other countries where electricity is 1/2 or 1/4 or 1/12th and easily pay for normal cooling as currently (if even required) and still be cheaper. |
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hlynur
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November 08, 2013, 01:52:23 PM |
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now that's what i call foresight. In some years these babies will build the strong backup of the network while mining for endconsumers slowly recesses transformation initiated....  ǁ ǁ ǁ V ǁ ǁ ǁ V |
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bbxx
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November 08, 2013, 03:39:10 PM |
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immersion cooling is however a fancy cooling system. I'd be lying if I said I have full faith in it - I'm rather skeptic as (1) feasability and (2) execution. Many points of failure for something that appears peripheral to the mining world?
in 2 years there will be only immersion cooling mining farms because it's so much more effective then air cooling. Utter nonsense. Cooling is only a part of the overall cost structure. Many small miners don't run cooling. Also if AM runs farms in HK where the cost of electricity is high, then other miners can run theirs in other countries where electricity is 1/2 or 1/4 or 1/12th and easily pay for normal cooling as currently (if even required) and still be cheaper. They will be selling ship containers soon with 50Th speed/cluster. Consider that heat can be used, directed for drying, heating etc. They can deliver it to places where power cost is really cheap like 0.03$ /kwH... They can deploy/sell a lot of them, think about future divs. |
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supert
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November 08, 2013, 09:24:33 PM
Last edit: November 08, 2013, 09:34:52 PM by supert |
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Friedcat has either totally lost it or is an utter genius. edit: selling shovel handles to the people selling shovels. |
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tinus42
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November 08, 2013, 11:24:05 PM |
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Friedcat has either totally lost it or is an utter genius. edit: selling shovel handles to the people selling shovels. Maybe that is the clever move. Or not. We are back to the early days of AM. The shares are relatively cheap but the risks are once more high. |
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velacreations (OP)
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November 08, 2013, 11:38:51 PM |
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Friedcat has either totally lost it or is an utter genius. edit: selling shovel handles to the people selling shovels. if you can't beat the competition, sell 'em stuff. |
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tinus42
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November 08, 2013, 11:40:39 PM |
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Friedcat has either totally lost it or is an utter genius. edit: selling shovel handles to the people selling shovels. if you can't beat the competition, sell 'em stuff. That's the idea!  |
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hak8or
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November 09, 2013, 12:20:47 AM |
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So can we expect to have Asicminer's hash rate increase since they are no longer bound (as I understand it) the data center's thermal limitations? Also, any assumptions as to why share price is not going up with this news? It isn't even concept anymore, they are actually doing it, as seen in images and whatnot.
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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November 09, 2013, 12:44:03 AM |
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So can we expect to have Asicminer's hash rate increase since they are no longer bound (as I understand it) the data center's thermal limitations? Also, any assumptions as to why share price is not going up with this news? It isn't even concept anymore, they are actually doing it, as seen in images and whatnot.
FC said the HK datacenter (where immersion cooling is located) would climb up to 60TH. So I don't think we can expect more at the moment, whatever assumptions we can make about the possible space/electricity available. I am surprised by the little effect on share price too. Maybe it is not exactly the news that some people would have expected, but I'm pretty sure almost everybody underestimated the scale of this immersion cooling stuff, so it should be only positive. The only explanation I see is that many, once again, are focused on very short term dividends. And despite praising FC long term vision, that does not impact their willingness to pay more for shares at the moment. <shameless plug> I am releasing a new game with a friend, and would be glad if some of you would try it: LuckyB.it (odds are >100% for the moment)
official thread: http://bitcointalk.org/index.php?topic=322158</plug> |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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keeron
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November 09, 2013, 12:51:52 AM |
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This is more like shovel covers to keep them warm in Winter and cool in Summer :-)
Friedcat has either totally lost it or is an utter genius.
edit: selling shovel handles to the people selling shovels.
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velacreations (OP)
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November 09, 2013, 01:25:39 AM |
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So can we expect to have Asicminer's hash rate increase since they are no longer bound (as I understand it) the data center's thermal limitations? Also, any assumptions as to why share price is not going up with this news? It isn't even concept anymore, they are actually doing it, as seen in images and whatnot.
guys, you have to stop thinking in hash rate. AM is no longer a mining company and the data centers they have are becoming test beds for new hardware/tech that will be sold/rented to mining operations. |
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jimmothy
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November 09, 2013, 01:48:59 AM |
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So can we expect to have Asicminer's hash rate increase since they are no longer bound (as I understand it) the data center's thermal limitations? Also, any assumptions as to why share price is not going up with this news? It isn't even concept anymore, they are actually doing it, as seen in images and whatnot.
guys, you have to stop thinking in hash rate. AM is no longer a mining company and the data centers they have are becoming test beds for new hardware/tech that will be sold/rented to mining operations. Source? I see no indication that AM plans to change their existing business model of mining with new gen hardware and then selling that gen to pay for the next gen. What is AM besides a mining company? The franchising will not be sold but leased by AM with the franchisers taking a very small percentage to keep AM's hardware running. Also why would AM invest in immersion cooling if they are just going to be selling the hardware? Obviously they plan to have a very long term mining operation with the help of franchising and old gen hardware sales. |
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velacreations (OP)
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November 09, 2013, 02:41:27 AM |
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Source? I see no indication that AM plans to change their existing business model of mining with new gen hardware and then selling that gen to pay for the next gen. What is AM besides a mining company? The franchising will not be sold but leased by AM with the franchisers taking a very small percentage to keep AM's hardware running. Also why would AM invest in immersion cooling if they are just going to be selling the hardware? Obviously they plan to have a very long term mining operation with the help of franchising and old gen hardware sales.
look at the financial report. Mining is no longer the focus of the company, as other avenues are much profitable. AM is a bitcoin hardware company, right now. The cooling developments will be likely be developed into a solution/service for enterprise level operations. Why would they invest in that for their own use? I see this as part of a package, the "turn-key ASIC farm" |
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jimmothy
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November 09, 2013, 02:51:05 AM |
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Source? I see no indication that AM plans to change their existing business model of mining with new gen hardware and then selling that gen to pay for the next gen. What is AM besides a mining company? The franchising will not be sold but leased by AM with the franchisers taking a very small percentage to keep AM's hardware running. Also why would AM invest in immersion cooling if they are just going to be selling the hardware? Obviously they plan to have a very long term mining operation with the help of franchising and old gen hardware sales.
look at the financial report. Mining is no longer the focus of the company, as other avenues are much profitable. AM is a bitcoin hardware company, right now. The cooling developments will be likely be developed into a solution/service for enterprise level operations. Why would they invest in that for their own use? I see this as part of a package, the "turn-key ASIC farm" No.. The mining report confirmed that mining with gen1(144nm) asics is no longer profitable and hardware sales (which are only temporary) are only more profitable until gen2(65/55nm) comes out. And that makes no sense to have a cooling service/solution as they are not even the ones who offer the service. Immersion cooling has been around for quite a while but not taken advantage of. As he said in the Immersion cooling report there is no plans for a version for personal miners only for him and his franchisers. FC sees the potential in harnessing it for his own mining operations to improve efficiency. Because when it comes down to it, when the difficulty finally stabilizes, it will be the people who can make the most efficient miners that will drive the difficulty just high enough to the point they make a small profit. |
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velacreations (OP)
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November 09, 2013, 03:00:26 AM |
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Why would hardware sales be temporary? AM makes more on hardware than mining, and that's just the plain truth. It makes no sense to mine with hardware when you get the prices AM has been getting.
Yes, cooling for franchising, that's what I am talking about. Enterprise level, not personal miners. The instant ASIC farm package.
Listen, if you can only scrape a small profit from mining, vs getting all of your mining profits paid to you up front (hardware), which are you going to do?
And developing services/solutions for the bigger operations is the logical next step.
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