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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916344 times)
davecoin
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May 06, 2014, 03:53:36 AM
 #19001

Something's happening. ROCKMINER really seems to make progress. I wonder when they'll be ready to enter mass production!

https://twitter.com/RockMinerInc/status/463350124803260416

That seems to be a big radiator for just a few chips.

Well, that setup consumes at least 140W, some people claim even more. That's 1.5 good old lightbulbs you need to cool. Radiators don't account for that much of the price, so why settle for less, especially in first iterations of the miner? The cooler the better.

edit: I was wrong. This is the 4 chip solution. So at least 24W, but the fan size really is just a normal case fan. The gridseed miners look a lot like this.

4 chips only? Hardly seems worth the trouble of wiring it all up and having that much space taken up. Who are these aimed at? N00bs?

Depends on the price.  Everyone should be able to mine.
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btcbot
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May 06, 2014, 04:41:15 AM
 #19002

A little shuffling of funds before tomorrow's dividend?  Money moved yesterday from the mining wallet:

https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

 Grin

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Zubilica
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May 06, 2014, 08:33:16 AM
 #19003

A little shuffling of funds before tomorrow's dividend?  Money moved yesterday from the mining wallet:

https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

 Grin

Heh.. we are in for a surprise Smiley
bitcoin.newsfeed
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May 06, 2014, 08:50:18 AM
 #19004

A little shuffling of funds before tomorrow's dividend?  Money moved yesterday from the mining wallet:

https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

 Grin

Heh.. we are in for a surprise Smiley

So ASICminer took out last 25BTC from mining wallet without any explanation, and you guys call it "actually good news" ?  Yeah, Bitcoinland Grin Personally I am in, because I stuck here 1 year ago.

... Question Everything, Believe Nothing ...
btcbot
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May 06, 2014, 10:56:44 AM
 #19005

A little shuffling of funds before tomorrow's dividend?  Money moved yesterday from the mining wallet:

https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

 Grin

Heh.. we are in for a surprise Smiley

So ASICminer took out last 25BTC from mining wallet without any explanation, and you guys call it "actually good news" ?  Yeah, Bitcoinland Grin Personally I am in, because I stuck here 1 year ago.

Not to belabor your pessimism, but this was the pattern, long months ago, when the big dividends would fly - btc movement, sales wallets, too... and then joy to all share-hodlers. 

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May 06, 2014, 12:08:31 PM
 #19006

To be fair a dividend, if any, would still be tiny no? There's a point where it's not really worth it because of dust rules and transaction fees when you try to spend the inputs.
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May 06, 2014, 01:16:33 PM
 #19007

There's three potential revenue streams for AM the first of which I assume to be chip sales and based on the initial order size I would assume divs to only reflect that small order size. The other two forms of revenue would still likely be in the build phase.
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May 06, 2014, 01:50:51 PM
 #19008

It's been a long time since last dividend.. Hope they start paying again soon.
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May 06, 2014, 02:45:56 PM
 #19009

IMHO Divs will take time to accumulate.

AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.
minerpumpkin
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May 06, 2014, 03:00:37 PM
 #19010

IMHO Divs will take time to accumulate.

AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.

That's almost poetic!  Cheesy

I should have gotten into Bitcoin back in 1992...
sngwinner
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May 06, 2014, 05:10:34 PM
 #19011

IMHO Divs will take time to accumulate.

AM by all appearances is willing to risk incrementally increasing their distribution while others attempting to dump their product as fast as they can before the competition steps up. If this is the case judging by notional incremental order sizes, holding back on distribution is pretty bold statement in this market given competition. Gives the sense that these others are peering out at a light at the end of the tunnel just hoping to dump their wares before the freight train with "AM" forged into the cowcatcher steams in.

The competition isn't dumping product because they're afraid of AM. It's just that the market price of miners will only go down as the network size increases. They gain nothing by holding onto product. AM needs to start selling its chips too.

The larger the first batch the better since those chips will likely fetch the highest per chip price.

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necro_nemesis
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May 06, 2014, 09:50:46 PM
 #19012

The larger the first batch the better since those chips will likely fetch the highest per chip price.

Why is June order planned to be so much larger than May? They started production in late April. Does AM need the revenue to finance June's order? Being where they initially entered this market I'd assume no. If anything to avoid setup costs and take advantage of volume discounts you'd run Apr, May and June at once then apportion out the product at the rate which maximizes returns. If you're on your game you set the rules.
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May 06, 2014, 10:27:33 PM
 #19013

We really won't know what sort of BTC or Fiat AM has reserved for the chip orders until the financial report comes out.  It could be that was the largest order AM had funds for or it could be a capacity issue at the foundry where they make the chips. I don't know anymore than anyone else.

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May 07, 2014, 12:35:19 AM
 #19014

Another decent sell off on Havelock  Huh

news or just jittery holders?
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May 07, 2014, 01:43:18 AM
 #19015

https://blockchain.info/charts/hash-rate
Could it be...
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May 07, 2014, 01:44:07 AM
 #19016


nope

Will take me a while to climb up again, But where is a will, there is a way...
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May 07, 2014, 02:26:47 AM
 #19017

The Rockminer has confirmed that they have received  23k chips( 0.23P) .

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
ASICMINERTUBE
         The Best $/Gh Bitcoin Miner So Far              Discover now!
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May 07, 2014, 02:55:06 AM
 #19018

The Rockminer has confirmed that they have received  23k chips( 0.23P) .

https://twitter.com/RockMinerInc
maxl
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May 07, 2014, 03:06:58 AM
 #19019

Than the first batch is in hand. We will soon see dividends.
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May 07, 2014, 03:09:06 AM
 #19020

What the hell are BE200 chips?
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