Hey guys, I actually managed to short Activemining!
Someone wrote a put option for 0.003 in three days, with a premium of 0.001 with the change I had left over from buying labcoin.
If ActiveMining drops below 0.002 in the next couple days I might actually make a few satoshis!
Why don't you enlighten us then?
F@ck off Trollie. The LabCoin thread is waiting for more hype.
Well, the labcoin thread is full of ActiveMining trolls, hilariously saying Labcoin will crash in a few days on the basis of their chart voodoo while activemining tanks and Labcoin is stable.
It's kind of amazing how angry people in here are getting about anyone who tells them ActM isn't a good investment at the moment. Anyone who took Mabsark's advice in the past couple of days would have made money. Why are you people so pissed at him?
All that matters is $/Gh and delivery date. 130nm chips may pay for themselves within a month if they're all up and running by the end of October. 28nm chips may never pay for themselves if they're delivered in February.
GH/W is just as important. If it takes 4x as much power to get the same hashrate then there are going to be issues scaling to compete with companies producing lower power chips. This is likely the reason that ASICMINER is having so much difficulty expanding beyond ~50TH/s -- the amount of power infrastructure required to expand becomes enormous, and LABCOIN will likely face the same issue after its first 50TH/s is deployed.
That's exactly the reason ASICMiner is having such a hard time, the 130-110nm ASICs at this point are useless because by the time they roll out the 40-50TH worth of Hashrate it will be November and at least two 28nm chips will be out on the market, 40-50TH will be a drop in the bucket. All of that time and energy they wasted they could have developed 55nm chips and maybe had them now or "by the end of October" and sure you might be able to get up to 400-500TH with those and maintain a fair market share but then you will reach that position again sometime in February where 200-300TH will be consider a drop in the bucket again. By now you are very far behind because it takes exponentially longer to get 28nm than 55nm, if you had started back when you developed the "130nm" chips you would most certainly be done by now and you can push out around 4-5PH with that technology before reaching those infrastructure issues.
And as Ytterbium just stated, time is money and a lot of time and money would been wasted on old tech chips.
No, I said
delivery date is money, not "time". In the bitcoin world, today, time is not interchangeable. Six days in July were worth more then six days today, and this month is going to be worth far more then November.
I don't understand why this is so difficult for people to understand. The difficulty is going up at a (currently) exponential rate. Getting hash power online today will be worth more then getting it online in November
even if the hash power you deploy in November is 'exponentially' more efficient A 28nm design could theoretically be
21 times better then a 130nm design.
However, if you get that 130nm design online and hashing
when the network is less then 21 times as fast, you're better off.
And also, Labcoin has a 65nm design on the way, probably ready by November and only 1/5.4 as many transistors per mm^2.
But, ActiveMining isn't even using a true hand-routed ASIC, they are going with an FPGA copy design. It's possible that LC's 65nm chips may be cheaper per GH then ActiveMining's. We won't be able to compare since we don't know ActM's die size, which of course is under NDA.
On the other hand I can tell you how large Labcoin's is, (6.5mm)
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