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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901408 times)
bkminer
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May 13, 2014, 07:53:18 PM
 #19121

If you have a rig that cost 1000$, paid for it in fiat, run it for one year and it mines a total of one single btc, it seems like a colossal loss at current prices. but if the btc price rises to 10 000$ in the future, even ten or twenty years from now... you have still made a good investment.

I mentioned this to a friend the other day and he said it's not that simple, over those years you are waiting for the price to go up the value of the dollar is dropping....
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May 13, 2014, 09:02:02 PM
 #19122

yes I'm wrong. I posted without thinking there. deleted.
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May 13, 2014, 09:46:31 PM
 #19123

Thanks to everyone casually buying 1 share and keeping the price a tad higher, every time someone eats through the bids.  Smiley

I should have gotten into Bitcoin back in 1992...
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May 13, 2014, 10:42:38 PM
 #19124

Thanks to everyone casually buying 1 share and keeping the price a tad higher, every time someone eats through the bids.  Smiley

But lower prices are a good thing for those that are buying or still accumulating.  The share price shouldn't matter for those that are waiting on the dividends to start being paid again.  It's how much the dividends are going to be that really matters.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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May 14, 2014, 02:38:22 AM
 #19125

guys its tanking again
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May 14, 2014, 09:35:45 AM
 #19126

yes I'm wrong. I posted without thinking there. deleted.
I appreciate very much being able to admit one's mistake and fixing it, thank you!

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May 14, 2014, 10:17:30 AM
 #19127

Thanks to everyone casually buying 1 share and keeping the price a tad higher, every time someone eats through the bids.  Smiley

But lower prices are a good thing for those that are buying or still accumulating.  The share price shouldn't matter for those that are waiting on the dividends to start being paid again.  It's how much the dividends are going to be that really matters.

Sure! I was merely talking about the feelings I have when I take a look on Havelock Cheesy

I should have gotten into Bitcoin back in 1992...
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May 15, 2014, 02:01:44 AM
 #19128

http://weibo.cn/comment/B4hzNuikQ?&vt=4&gsid=4uZhde0f1QukZkBALNmUkbNr28q

800gh machines coming soon.
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For Science


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May 15, 2014, 02:20:10 AM
 #19129


Is that friedcat?

Will any IPO investor confirm?
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May 15, 2014, 02:32:06 AM
 #19130


Don't think it's FC unless he refers to himself in the third person.

Read a few more of his posts and found the exact specs:

Dell 750W server power supply, power consumption between 700-800W / / @ in Xie Ph.D. study : how many W of power / / @ Zhao Lotte : Nominal 716G, 768G

Although he has a screenshot of it running above 800gh
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May 15, 2014, 02:36:31 AM
 #19131


So no density and same power consumption as most of the miners available right now.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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May 15, 2014, 02:38:43 AM
 #19132


So no density and same power consumption as most of the miners available right now.

What do you mean no density?
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May 15, 2014, 02:43:10 AM
 #19133


So no density and same power consumption as most of the miners available right now.

What do you mean no density?

You need a lot of space for a big mining operation if you have 800GH/s in an ATX computer case.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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May 15, 2014, 02:46:42 AM
 #19134

Looks like they are using some thick heatsinks.

Regardless I think density has more to do with pcb design than the chip itself.
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May 15, 2014, 02:48:18 AM
 #19135

Looks like they are using some thick heatsinks.

Regardless I think density has more to do with pcb design than the chip itself.

I was referring to hashing density, not chip density or pcb.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
bitsalame
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May 15, 2014, 06:01:25 AM
 #19136

Looks like they are using some thick heatsinks.

Regardless I think density has more to do with pcb design than the chip itself.

I was referring to hashing density, not chip density or pcb.
what on earth is "hashing density"?
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May 15, 2014, 06:38:54 AM
 #19137

He is one of friedcat's partners, the boss of hashratio which used AM third chips I guess.
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May 15, 2014, 09:11:26 AM
 #19138

what on earth is "hashing density"?

The amount of hashing power you can fit in a specified form factor?

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May 15, 2014, 11:41:45 AM
 #19139

what on earth is "hashing density"?

The amount of hashing power you can fit in a specified form factor?
Yes, e.g. 1,5TH/ 1,25U
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May 15, 2014, 11:49:13 AM
 #19140

what on earth is "hashing density"?

The amount of hashing power you can fit in a specified form factor?
Yes, e.g. 1,5TH/ 1,25U

Same chip efficiency means same "hashing density" is possible.
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