Bitcoin Forum
September 21, 2019, 08:41:42 PM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 [1106] 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3898971 times)
dhenson
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
August 13, 2014, 06:09:35 AM
 #22101

What am I missing, other than optimism?

There actually aren't cheaper ready assembled units for sale and FC has stated a 15-20% total network self mine goal.  The market is incredibly thin so if you don't already have shares, your only hope is to knock a few straggling weak hands loose.

Good luck!

edit... link
https://bitcointalk.org/index.php?topic=735728.msg8311953#msg8311953
1569098502
Hero Member
*
Offline Offline

Posts: 1569098502

View Profile Personal Message (Offline)

Ignore
1569098502
Reply with quote  #2

1569098502
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bones
Sr. Member
****
Offline Offline

Activity: 248
Merit: 250


View Profile
August 13, 2014, 06:18:52 AM
 #22102

Why is everyone getting all worked up, expecting big rises in share price?

The miner we have to offer is over priced, and electricity consumption is not great.
There are cheaper ready assembled units for sale on the market.

I can only foresee share price tanking with this news.
So divs coming out is a bonus, but lets not pretend they are gonna be big enough to lift the share price considerably.

What am I missing, other than optimism?

source?

I have shares, just not expecting great things is all.

I have no firm figures, I am going of what was predicted in this thread months ago, which was .1 to .2 per share, and that was before we had trouble selling the chips and the miners due to chip spec.

Ants are cheaper, assembled, and with less power usage, no?
dhenson
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
August 13, 2014, 06:21:18 AM
 #22103

I have shares, just not expecting great things is all.

I have no firm figures, I am going of what was predicted in this thread months ago, which was .1 to .2 per share, and that was before we had trouble selling the chips and the miners due to chip spec.

Ants are cheaper, assembled, and with less power usage, no?

Nope. https://bitcointalk.org/index.php?topic=735728.msg8311953#msg8311953

You should pull out a calculator and figure out weekly divs on 15% self mining...  Do the math yourself, it isn't hard, your opinion may change.

feifa
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
August 13, 2014, 06:23:45 AM
 #22104

Why is everyone getting all worked up, expecting big rises in share price?

The miner we have to offer is over priced, and electricity consumption is not great.
There are cheaper ready assembled units for sale on the market.

I can only foresee share price tanking with this news.
So divs coming out is a bonus, but lets not pretend they are gonna be big enough to lift the share price considerably.

What am I missing, other than optimism?

source?

Ants are cheaper, assembled, and with less power usage, no?
Ants is not cheaper. S3 is only 440G ,its price is ~0.75BTC.
Tube is >800G, its price is ~1BTC
bones
Sr. Member
****
Offline Offline

Activity: 248
Merit: 250


View Profile
August 13, 2014, 06:25:18 AM
 #22105

OK, my bad, so a little more expensive, but assembled and cheaper to run...  I know which I bought.


Indeed 15% would be great IF we can get there, but if we go for 15%, thats our div money reinvested to get us there.


If we get saved I think its from 28nm, not our current chips.
dhenson
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
August 13, 2014, 06:32:03 AM
 #22106

OK, my bad, so a little more expensive, but assembled and cheaper to run...  I know which I bought.


Indeed 15% would be great IF we can get there, but if we go for 15%, thats our div money reinvested to get us there.


If we get saved I think its from 28nm, not our current chips.

Who cares about assembled and ready to run?  It takes maybe 30 minutes per full unit, maybe an hour for the first one.  I don't know about you, but my time isn't worth $300-400/hour.

It's natural for you to defend your decision to buy Ants, they are good units at a fair price.  They simply aren't the least expensive anymore.

FC knows what it takes to run a large mine and is intimately familiar with network growth.  I don't believe that he would have stated 15-20% if he didn't think it was obtainable.  I'm betting on it.
BitHub
Sr. Member
****
Offline Offline

Activity: 253
Merit: 250


View Profile
August 13, 2014, 08:33:14 AM
 #22107

selling www.asicminer.co domain, transfer via namecheap.
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
August 13, 2014, 09:08:18 AM
 #22108

What am I missing, other than optimism?

There actually aren't cheaper ready assembled units for sale and FC has stated a 15-20% total network self mine goal.  The market is incredibly thin so if you don't already have shares, your only hope is to knock a few straggling weak hands loose.

Good luck!

edit... link
https://bitcointalk.org/index.php?topic=735728.msg8311953#msg8311953

FC had that goal about 12 months ago. What happened in the last 12 months. The shit hit the fan unfortunately and we got paid virtually nothing.

Best laid plans of mice and men and all that .....
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
August 13, 2014, 09:09:41 AM
 #22109

Also, it only appears he has gone back to the self-mining plan because the OEM deals have failed to bring in the buyers. Doesn't sound great to me, more like "last resort".
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
August 13, 2014, 09:12:34 AM
 #22110

Wow, I gotta say the price on Havelock really is recovering hard. But I believe it will go back at some point, if only for a bit. But until we actually see dividends, a lot of people will remain only half-in, I guess
At the Salon, didn't FC said he has started mining and will be paying divs regularly?

Yup, mining since the middle of July (not full power) and hopes to start paying divs in Aug.
Not likely FC would lie about something like that. Expect divs in August then.

He only said he hoped he could start paying divs in August. based on that, I certainly wouldn't expect divs in August, an outside hope at best. The days of FC under-promising and over-delivering are well gone.
JimiQ84
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
August 13, 2014, 09:47:50 AM
 #22111

Also, it only appears he has gone back to the self-mining plan because the OEM deals have failed to bring in the buyers. Doesn't sound great to me, more like "last resort".

Yeah, it sounds like "Fuck it! I might as well hash the shit out of those chips myself" :-) But my reaction to that is "Yeah, let's do this!"
HarmonLi
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


Honest 80s business!


View Profile
August 13, 2014, 10:42:29 AM
 #22112

selling www.asicminer.co domain, transfer via namecheap.
selling  domain is www.iasicminer.com

I think he was saying that hew owned said domain and is willing to sell it to ASICMiner. That's what's called domain-squatting Smiley FC won't be amused ^^

feifa
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
August 13, 2014, 10:45:26 AM
 #22113

selling www.asicminer.co domain, transfer via namecheap.
selling  domain is www.iasicminer.com

I think he was saying that hew owned said domain and is willing to sell it to ASICMiner. That's what's called domain-squatting Smiley FC won't be amused ^^
Yeah , you are right.
Ozziecoin
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
August 13, 2014, 11:07:51 AM
 #22114



He only said he hoped he could start paying divs in August. based on that, I certainly wouldn't expect divs in August, an outside hope at best. The days of FC under-promising and over-delivering are well gone.
Hmmm, I think you're fudding. FC for president.

Non-technical coin. Use OZC to intro coins to everyday aussies: http://ozziecoin.com
Satan666
Full Member
***
Offline Offline

Activity: 123
Merit: 100

The love of fiat is the root of all good


View Profile
August 13, 2014, 11:36:27 AM
 #22115

What am I missing, other than optimism?

Rival
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
August 13, 2014, 11:48:08 AM
 #22116

To suggest that FC is in constant "Fail mode" and that everything that he does is some sort of "Last Resort" seems like a myoptic conclusion.

He sells the chips bulk until they are more profitable to sell in assembled miners. He sells assembled miners until they are more profitable to just mine with. He stops mining with them when he has a new generation of chips to sell in bulk. Rinse, repeat. It's not rocket science. You move to the next phase where your maximum profit exists, and only when it exists.
Ozziecoin
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
August 13, 2014, 11:54:28 AM
 #22117

To suggest that FC is in constant "Fail mode" and that everything that he does is some sort of "Last Resort" seems like a myoptic conclusion.

He sells the chips bulk until they are more profitable to sell in assembled miners. He sells assembled miners until they are more profitable to just mine with. He stops mining with them when he has a new generation of chips to sell in bulk. Rinse, repeat. It's not rocket science. You move to the next phase where your maximum profit exists, and only when it exists.
+1. This was done in plain sight. FC is moving like a nimble cat.

Non-technical coin. Use OZC to intro coins to everyday aussies: http://ozziecoin.com
hdbuck
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
August 13, 2014, 12:09:53 PM
Last edit: August 13, 2014, 12:21:25 PM by hdbuck
 #22118

looks like bitmain is outta business..

Quote
S3 is a great success product and almost sold out. The sale of S3+ is 0.58 BTC each including the international shipping, which starts on September 20th, 2014 or earlier. Sales open in the Beijing Time tonight 22:00 (UCT+8:00 Time Zone).
We strongly believe it is best choice of mining bitcoin for both the mining farm and the home miners.
https://bitcointalk.org/index.php?topic=330665.msg8329235#msg8329235

eheheh preorders and S1 kit? ^^ Bitmain surely seems desperate to squeeze each tear of profit..

Lohoris
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Bitgoblin


View Profile
August 13, 2014, 12:19:35 PM
 #22119

I think he was saying that hew owned said domain and is willing to sell it to ASICMiner. That's what's called domain-squatting Smiley FC won't be amused ^^
If he cared about domains or sites, he would have already registered them long ago.

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
hdbuck
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
August 13, 2014, 12:39:22 PM
 #22120

Bye bye competition:



bitmain & spondo out of in-stock.. september preorders only. ahahahahah Cheesy
bitfury is solomining and dont give a sh*t about you.
rockminer and btcgarden are proving to the world that it is not easy to make in-stock asics but with reliable partner (FC), it is still possible.

make it rain FC! make it rain! Cheesy
Pages: « 1 ... 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 [1106] 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 ... 1348 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!