ASICMINER: Entering the Future of ASIC Mining by Inventing It

[minerpumpkin]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

If true (proof? and when did he reply?) this would indicate he has no problems of selling gen 3, which is excellent. Mining is good, but if selling the chips is possible, this is even better.

Glad to hear about decentralizing out of China/HK too.

But why Canada or North Europe?

In certain areas the electricity is practically for free

[1573667745]

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[1573667745]

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[1573667745]

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[Puppet]

The difference is the scale and afaik, none of the rest are actually supplying independent retailers, but private farmers.

Plenty of chinese vendors selling Bitmine based miners:
http://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&SearchText=coincraft

In fact, far more than you can find asicminer based products right now.

A couple of vendors like VMC are selling Hasfast based miners, plenty of re-sellers selling Bitfury gear, and lets not forget like I did, Avalon.

AM announced scale is indeed fairly impressive, but then we dont know what the competition has in store. Moreover, my point was merely that the business model is far from unique.

[101111]

But why Canada or North Europe?

As well as lower electricity tariffs, there's also less sovereign risk.

[101111]

Miners: The Gathering. http://www.bitell.com/t/2157

[Puppet]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

[_mr_e]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

[novusordo]

Miners: The Gathering. http://www.bitell.com/t/2157

It's enlightening to watch as a new industry is born.

[Anotheranonlol]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

In this meeting, some topics covered: energy costs, (ways to decrease) subsidy (suggestion there is already talk with some "more official" bodys interest with mining). partnerships with mainland exchanges, partnership with foreign exchanges. (in talk with bitfinex etc), start of OEM service

more tidbits;
avalon taping out 28nm miner, apparently researching 16nm for future 
bitmain s3 complete by july
asicminer, capacity for 30p wafer month.

participants come to agreement about hosted mining having big future

[willBTC]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

[novusordo]

Rather ironic that the US has been heralded as the breeding ground for new technology, what with Silicon Valley and all, yet living in the US is actually a huge disadvantage for any entrepreneur who wants to be part of one of the most important technological advancements ever.

[Anotheranonlol]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

look here

http://yixia.com/show/1SpFGnAMxxxFGXG5l0uSwg__.htm

[mikemikemike]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

Dude, sorry, who are you and where are you getting your information from? I just don't know whether to take you seriously or not. It's nothing personal.

Thanks.

[willBTC]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

Dude, sorry, who are you and where are you getting your information from? I just don't know whether to take you seriously or not. It's nothing personal.

Thanks.

I am from China, and I got the information by chatting with guys who is famous in "Bitcoin world" in China.

[mikemikemike]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

Dude, sorry, who are you and where are you getting your information from? I just don't know whether to take you seriously or not. It's nothing personal.

Thanks.

I am from China, and I got the information by chatting with guys who in famous in "Bitcoin world" in China.

Cool. Thanks

[bkminer]

My question is, from my reading if the design is good a fully custom chip outperforms standard cell chips. If that's wrong why would anyone do full custom design?

I'm not feeling comfortable posting here. It's a legit question, so I'll answer. Please continue further discussion via PM

Sure, fully custom chip done correctly will outperform standard cells chips. The shining example is BitFury rev2 55nm UMC ASIC
To get a killer ASIC, you need to have better SHA256 implementation, coupled with custom design and some more elements I won't discuss.
Such a killer ASIC could achieve 0.1 W/GHs and sub 0.05 $/GHs on 28nm process

Thank you for the info... as a shareholder of ASICMiner I welcome serious comments and discussion from other companies in the industry and think it's seriously unprofessional to troll or bash them.  This thread is for investors in ASICMiner not some troll show.

Thank you

[lophie]

My question is, from my reading if the design is good a fully custom chip outperforms standard cell chips. If that's wrong why would anyone do full custom design?

I'm not feeling comfortable posting here. It's a legit question, so I'll answer. Please continue further discussion via PM

Sure, fully custom chip done correctly will outperform standard cells chips. The shining example is BitFury rev2 55nm UMC ASIC
To get a killer ASIC, you need to have better SHA256 implementation, coupled with custom design and some more elements I won't discuss.
Such a killer ASIC could achieve 0.1 W/GHs and sub 0.05 $/GHs on 28nm process

Thank you for the info... as a shareholder of ASICMiner I welcome serious comments and discussion from other companies in the industry and think it's seriously unprofessional to troll or bash them.  This thread is for investors in ASICMiner not some troll show.

Thank you

I do not and I am sure many share my view. You see the platform of this forums have many threads that you can use and competing companies should NOT post on THIS thread how superior their product is. Mainly because it indeed create panic among the average Joe investor and causes local swings in the price.  It is exactly like KFC create an ad and post it on competing companies personal websites that starts with (McDonalds sells rubber, White castle's burgers are real but eh it is genetically modified cows......But now we KFC, we are selling the real deal! and this is why!)

Bottom line,

Compare prices, compare technologies, but leave when YOU start to sound like you are measuring d!c&s. Thank you for understanding. (I am generalizing not pointing to an individual btw. And apparently I am very hungry  )

[webbrowser]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

look here

http://yixia.com/show/1SpFGnAMxxxFGXG5l0uSwg__.htm

So what does the fried one look like?

[arnuschky]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

look here

http://yixia.com/show/1SpFGnAMxxxFGXG5l0uSwg__.htm

So what does the fried one look like?

[webbrowser]

I think that is not friedcat, but one of the bitcoin journalist/entrepreneurs who visited the immersion cooling farm?

[jimmothy]

I think that is not friedcat, but one of the bitcoin journalist/entrepreneurs who visited the immersion cooling farm?

Yep https://bitcointalk.org/index.php?topic=346134.0