velacreations (OP)
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November 25, 2013, 04:58:26 PM |
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176 shares left as of now. I think the demand on that auction surprised a lot of people (including myself).
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Kyune
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November 25, 2013, 08:37:31 PM |
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176 shares left as of now. Well you can still get all 1320 shares! Just bid an extra .01!
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BTC: 1K4VpdQXQhgmTmq68rbWhybvoRcyNHKyVP
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Swordsoffreedom
Legendary
Offline
Activity: 2912
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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November 28, 2013, 03:19:48 AM |
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Well the bitcoin price is going wild again
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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November 28, 2013, 10:57:32 AM |
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finally it may come to cost of devices and with made in China miners will be hard to compete.
I think the success of BitMain chips is a serious threat to AM. Once they come to the mass production stage, I don't think AM can sell their cube any more without the new generation chips.
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Whtwabbit
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November 28, 2013, 11:12:52 AM |
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I'm sure they will get sold out anyway with all the publicity
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Pinwheel
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November 28, 2013, 04:09:29 PM |
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finally it may come to cost of devices and with made in China miners will be hard to compete.
I think the success of BitMain chips is a serious threat to AM. Once they come to the mass production stage, I don't think AM can sell their cube any more without the new generation chips. there is about 8 companies developing 28nm chips, so it will be real saturated market by next year. but for now, I agree any devices AM might bring to market will sale at once. As it is shipped now, not pre-ordes.
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Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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November 29, 2013, 01:46:08 AM |
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finally it may come to cost of devices and with made in China miners will be hard to compete.
I think the success of BitMain chips is a serious threat to AM. Once they come to the mass production stage, I don't think AM can sell their cube any more without the new generation chips. Sorry I'm not checking this thread as often as I should, what is "BitMain"
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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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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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November 29, 2013, 01:53:20 AM |
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finally it may come to cost of devices and with made in China miners will be hard to compete.
I think the success of BitMain chips is a serious threat to AM. Once they come to the mass production stage, I don't think AM can sell their cube any more without the new generation chips. Sorry I'm not checking this thread as often as I should, what is "BitMain" Another Chinese chips and mining hardware provider, which just finished 2 rounds of successful auctions. They provide 180G miner built with their own 55nm chips and the on wall power is around 2w/Ghs, much less than 7.5w/Ghs of AM gen-1 chips. Considering the Gen-3 chips of AM will not be ready before March 2014, I am afraid the market share of AM could shrink a lot during this period. Really wish friedcat and the board could share some their thoughts on this. Moreover, I think as AM investor or potential investor, it's very important to monitor the progress of the competitors and potential competitors, because that's the main factor that affects the performance of AM.
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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November 29, 2013, 01:57:04 AM |
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finally it may come to cost of devices and with made in China miners will be hard to compete.
I think the success of BitMain chips is a serious threat to AM. Once they come to the mass production stage, I don't think AM can sell their cube any more without the new generation chips. Sorry I'm not checking this thread as often as I should, what is "BitMain" Another Chinese chips and mining hardware provider, which just finished 2 rounds of successful auctions. They provide 180G miner built with their own 55nm chips and the on wall power is around 2w/Ghs, much less than 7.5w/Ghs of AM gen-1 chips. Considering the Gen-3 chips of AM will not be ready before March 2014, I am afraid the market share of AM could shrink a lot during this period. Really wish friedcat and the board could share some their thoughts on this. Thanks a lot! I indeed completely missed that!
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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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jimmothy
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November 29, 2013, 01:59:43 AM |
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finally it may come to cost of devices and with made in China miners will be hard to compete.
I think the success of BitMain chips is a serious threat to AM. Once they come to the mass production stage, I don't think AM can sell their cube any more without the new generation chips. Sorry I'm not checking this thread as often as I should, what is "BitMain" Another Chinese chips and mining hardware provider, which just finished 2 rounds of successful auctions. They provide 180G miner built with their own 55nm chips and the on wall power is around 2w/Ghs, much less than 7.5w/Ghs of AM gen-1 chips. Considering the Gen-3 chips of AM will not be ready before March 2014, I am afraid the market share of AM could shrink a lot during this period. Really wish friedcat and the board could share some their thoughts on this. Bitmain chips as of now don't provide much competition imo. With asics that are not even more cost efficient than current asicminer gen1 tech I don't see why anyone would want bitmain asics. Maybe if they improve electric efficiency and can successfully employ mass production they might be a threat. As of now I think knc provides the biggest threat to AM with 20nm chips on the way and there is a good chance they deliver unlike many other competitors.
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BitThink
Legendary
Offline
Activity: 882
Merit: 1000
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November 29, 2013, 02:33:40 AM |
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Not everyone has free electricity and infinite power supply.
For personal miner with 180GH hashing rate and electricity cost of 0.1$/Kwh, reduce 7.5w/Gh to 2w/Gh means saving $2.376 per day and $71.28 per month.
For serious mining company having a data center with 300Kw power supply, they can deploy 150TH with 2w/Gh miners, but only 40TH with 7.5w/Gh miners.
Now, if the $/GH is similar, isn't it obvious which product you will buy?
After reading reviews of BitMain miners, they all agree the hardware is professionally built and the building quality is even better than AM and Bitfury. That means they are not built in some small fabs, and most likely they are build in one of the mainstream fabs. Therefore, I have no reason to doubt they will begin mass selling (I mean hundreds or even thousands of TH) in one or two months.
We all wish AM to succeed, but we cannot blindly wish all the other competitor will fail and all the customers will just stick to AM without reasons.
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WillBit
Newbie
Offline
Activity: 56
Merit: 0
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November 30, 2013, 09:25:05 PM |
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Everyone who is sitting over here in the securities section with their thumbs up their butt, hoping ASICMINER triples in price sometime in February: Alt-coins are where all the action is at right now. You can easy multiply your bitcoins by 10x, 20x, 30x, over there in a week. http://coinmarketcap.com/I pulled 10btc out of ASICMINER and invested it in these coins and I'm up over 100btc in THREE DAYS. Thanks largely in part to Quarkcoin, Megacoin, Zetacoin. Alt-coin trading websites like cryptsy.com are crashing due to the 5000 new users per day flooding them. China is going nuts over these altcoins. Quit sitting over here in the Securities section with your thumbs up your butts!
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jimmothy
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November 30, 2013, 09:36:24 PM |
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Everyone who is sitting over here in the securities section with their thumbs up their butt, hoping ASICMINER triples in price sometime in February: Alt-coins are where all the action is at right now. You can easy multiply your bitcoins by 10x, 20x, 30x, over there in a week. http://coinmarketcap.com/I pulled 10btc out of ASICMINER and invested it in these coins and I'm up over 100btc in THREE DAYS. Thanks largely in part to Quarkcoin, Megacoin, Zetacoin. Alt-coin trading websites like cryptsy.com are crashing due to the 5000 new users per day flooding them. China is going nuts over these altcoins. Quit sitting over here in the Securities section with your thumbs up your butts! Would not suggest anyone invest in altcoins as we are seeing a huge bubble as a result of pump and dump.
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KarmaShark
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November 30, 2013, 09:40:40 PM |
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Everyone who is sitting over here in the securities section with their thumbs up their butt, hoping ASICMINER triples in price sometime in February: Alt-coins are where all the action is at right now. You can easy multiply your bitcoins by 10x, 20x, 30x, over there in a week. http://coinmarketcap.com/I pulled 10btc out of ASICMINER and invested it in these coins and I'm up over 100btc in THREE DAYS. Thanks largely in part to Quarkcoin, Megacoin, Zetacoin. Alt-coin trading websites like cryptsy.com are crashing due to the 5000 new users per day flooding them. China is going nuts over these altcoins. Quit sitting over here in the Securities section with your thumbs up your butts! AM is definitely a long term play, that is about all long-term holders of the stock can fall back on while the alt-coin market goes through wave after wave of 500%+ euphoria. If you are patient and in this for the future then ASIC MINER is a great place to be and will have it's day in the Sun soon enough. If you have the stomach to sell AM for BTC at these prices you can relatively easily triple up your Bitcoin and then re-enter old positions at better prices so long as you understand the other cryptocurrencies well. Some of us do not have the experience or stomach for this kind of investing. To each their own.
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WillBit
Newbie
Offline
Activity: 56
Merit: 0
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November 30, 2013, 09:57:49 PM |
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I totally agree with you guys. I'm definitely gonna sell at least 50% of these altcoins off and enter back into asiciminer sometime in january. Hopefully ASICMINER will dip into the .2s by then due to dwindling dividends. In the meantime, I think this upward trend in altcoins still has a lot of momentum: http://www.youtube.com/watch?v=3GwjfUFyY6M
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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December 01, 2013, 02:17:57 AM |
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Everyone who is sitting over here in the securities section with their thumbs up their butt, hoping ASICMINER triples in price sometime in February: Alt-coins are where all the action is at right now. You can easy multiply your bitcoins by 10x, 20x, 30x, over there in a week. http://coinmarketcap.com/I pulled 10btc out of ASICMINER and invested it in these coins and I'm up over 100btc in THREE DAYS. Thanks largely in part to Quarkcoin, Megacoin, Zetacoin. Alt-coin trading websites like cryptsy.com are crashing due to the 5000 new users per day flooding them. China is going nuts over these altcoins. Quit sitting over here in the Securities section with your thumbs up your butts! AM is definitely a long term play, that is about all long-term holders of the stock can fall back on while the alt-coin market goes through wave after wave of 500%+ euphoria. If you are patient and in this for the future then ASIC MINER is a great place to be and will have it's day in the Sun soon enough. If you have the stomach to sell AM for BTC at these prices you can relatively easily triple up your Bitcoin and then re-enter old positions at better prices so long as you understand the other cryptocurrencies well. Some of us do not have the experience or stomach for this kind of investing. To each their own. Long term play - so you're expecting that the big electronics companies are going to continue to ignore the Bitcoin mining sector, even as we zoom beyond $10B market cap? What happens to ASICMiner when Samsung, Foxconn, Hewlett Packard and IBM announce their new line of cutting-edge bitcoin miners? The attitude about competition is just as complacent as it was before players like HashFast and Cointerra showed up. Since then we've gone up another order of magnitude in price and it's expected the quality of the competition is going to go up another order of magnitude. The important question for ASICMiner is, I believe, "Will there be another window of opportunity for ASICMiner's 3rd generation to pay off before we head to the AAA leagues?"
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User705
Legendary
Offline
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
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December 01, 2013, 02:23:05 AM |
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... The attitude about competition is just as complacent as it was before players like HashFast and Cointerra showed up. Since then we've gone up another order of magnitude in price and it's expected the quality of the competition is going to go up another order of magnitude.
HashFast and Cointerra is quality competition?
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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December 01, 2013, 02:26:34 AM |
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... The attitude about competition is just as complacent as it was before players like HashFast and Cointerra showed up. Since then we've gone up another order of magnitude in price and it's expected the quality of the competition is going to go up another order of magnitude.
HashFast and Cointerra is quality competition? Compared to Avalon and BFL? Yes. Is this a serious question?
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jimmothy
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December 01, 2013, 03:13:49 AM |
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... The attitude about competition is just as complacent as it was before players like HashFast and Cointerra showed up. Since then we've gone up another order of magnitude in price and it's expected the quality of the competition is going to go up another order of magnitude.
HashFast and Cointerra is quality competition? Compared to Avalon and BFL? Yes. Is this a serious question? Have either Hashfast or Cointerra produced a working asic? Until then we can assume they are no different than BFL.
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