dhenson
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August 13, 2014, 06:09:35 AM |
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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 |
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bones
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August 13, 2014, 06:18:52 AM |
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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? |
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dhenson
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Activity: 994
Merit: 1000
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August 13, 2014, 06:21:18 AM |
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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#msg8311953You 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. |
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feifa
Member
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Activity: 76
Merit: 10
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August 13, 2014, 06:23:45 AM |
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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 |
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bones
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August 13, 2014, 06:25:18 AM |
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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.
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dhenson
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Activity: 994
Merit: 1000
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August 13, 2014, 06:32:03 AM |
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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. |
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empoweoqwj
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August 13, 2014, 09:08:18 AM |
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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#msg8311953FC 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 ..... |
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empoweoqwj
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August 13, 2014, 09:09:41 AM |
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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".
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empoweoqwj
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August 13, 2014, 09:12:34 AM |
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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. |
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JimiQ84
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August 13, 2014, 09:47:50 AM |
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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!" |
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HarmonLi
Sr. Member
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Activity: 350
Merit: 250
Honest 80s business!
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August 13, 2014, 10:42:29 AM |
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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  FC won't be amused ^^ |
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feifa
Member
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Activity: 76
Merit: 10
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August 13, 2014, 10:45:26 AM |
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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 FC won't be amused ^^ Yeah , you are right. |
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Ozziecoin
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August 13, 2014, 11:07:51 AM |
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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. |
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Satan666
Full Member
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Activity: 123
Merit: 100
The love of fiat is the root of all good
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August 13, 2014, 11:36:27 AM |
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What am I missing, other than optimism?
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Rival
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August 13, 2014, 11:48:08 AM |
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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.
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Ozziecoin
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August 13, 2014, 11:54:28 AM |
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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. |
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hdbuck
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Activity: 1274
Merit: 1000
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August 13, 2014, 12:09:53 PM
Last edit: August 13, 2014, 12:21:25 PM by hdbuck |
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looks like bitmain is outta business.. 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#msg8329235eheheh preorders and S1 kit? ^^ Bitmain surely seems desperate to squeeze each tear of profit.. |
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Lohoris
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August 13, 2014, 12:19:35 PM |
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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 FC won't be amused ^^ If he cared about domains or sites, he would have already registered them long ago. |
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hdbuck
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Activity: 1274
Merit: 1000
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August 13, 2014, 12:39:22 PM |
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Bye bye competition:  bitmain & spondo out of in-stock.. september preorders only. ahahahahah  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! |
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