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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914072 times)
101111
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October 24, 2014, 01:40:26 PM
 #23961

If this farm is using Tubes instead of Prismas, we have to revise our estimate of their electricity costs downward somewhat (to probably less than $0.06/kWh).
Surely the tariff is the same regardless of miner?

Tubes need more power per GH.
Yes but the cost per kWh, the cost of electricity, would be the same regardless.

edit I think maybe you meant the J/GH
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October 24, 2014, 01:46:36 PM
 #23962

If this farm is using Tubes instead of Prismas, we have to revise our estimate of their electricity costs downward somewhat (to probably less than $0.06/kWh).
Surely the tariff is the same regardless of miner?

Tubes need more power per GH.
Yes but the cost per kWh, the cost of electricity, would be the same regardless.

edit I think maybe you meant the J/GH

It's actually quite clear: The maintenance fees are per GH. Also, the maintenance fees are stated and known.
If the equipment uses more electricity per GH, it costs more to maintain.
Hence, we can estimate what AMHash pays for electricity.

"power consumption" x "price of electricity" = "fee"
Solve for "price of electricity".
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October 24, 2014, 01:48:31 PM
 #23963

I don't understand why someone would buy the new AMHash1 fund on HavelockInvestments.com when the AM1 share hasn't had an update since May 2014. Not a single communication from the company at all. Sure, we can now see what they were up to, but you'd think they'd have time to send out some kind of update. I keep getting pings with 10 BTC inserted into the AsicMiner address on the blockchain, but see no dividends or explanations of any kind.
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October 24, 2014, 01:52:14 PM
 #23964

If this farm is using Tubes instead of Prismas, we have to revise our estimate of their electricity costs downward somewhat (to probably less than $0.06/kWh).
Surely the tariff is the same regardless of miner?

Tubes need more power per GH.
Yes but the cost per kWh, the cost of electricity, would be the same regardless.

edit I think maybe you meant the J/GH

It's actually quite clear: The maintenance fees are per GH. Also, the maintenance fees are stated and known.
If the equipment uses more electricity per GH, it costs more to maintain.
Hence, we can estimate what AMHash pays for electricity.

"power consumption" x "price of electricity" = "fee"
Solve for "price of electricity".

Thanks, yes makes sense, I was thinking of the straight kWh tariff ("price of electricity").
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October 24, 2014, 02:01:56 PM
 #23965

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.



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October 24, 2014, 02:10:06 PM
 #23966

I don't understand why someone would buy the new AMHash1 fund on HavelockInvestments.com when the AM1 share hasn't had an update since May 2014. Not a single communication from the company at all. Sure, we can now see what they were up to, but you'd think they'd have time to send out some kind of update. I keep getting pings with 10 BTC inserted into the AsicMiner address on the blockchain, but see no dividends or explanations of any kind.

That's like saying that you don't understand why someone would buy a Prisma because AM shareholders haven't received dividends for a while. AM shareholders are simply irrelevant to that decision. The main reason why people would buy a Prisma or AMHash are the same - they offer the best value for money.
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October 24, 2014, 02:10:26 PM
 #23967

The IPo and stock proce don't worry me. I want FC to address the obvious change in operating plans since he announced that dividends would be aggressive.

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October 24, 2014, 02:16:09 PM
 #23968

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.
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October 24, 2014, 02:16:38 PM
 #23969

So it's $1.63 per TH/s per day?

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October 24, 2014, 02:23:43 PM
 #23970

So it's $1.63 per TH/s per day?
The fee calculated in that example, YES.
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October 24, 2014, 02:25:49 PM
Last edit: October 24, 2014, 02:41:09 PM by server
 #23971

So it's $1.63 per TH/s per day?

I believe the price for 1 GH/s = $0.51 + 1.89*10^(-8) USD per second.

(1.89*10^(-8) USD per second = $1.63 per day per TH(?))

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October 24, 2014, 02:28:10 PM
 #23972

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

Nope, thats not the problem. Im primarily an AM (and Fc) supporter. But the thing is, the share price of such ipo is just gonna tank because the divs will eventually fall back to none as the gear becomes obsolete (kinda deja vu dont you think?) And then what? New ipo?


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October 24, 2014, 02:28:17 PM
 #23973

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

+1
I don't get why this is so controversial. It's 100% good news for AM shareholders.
rudi
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October 24, 2014, 02:29:54 PM
 #23974

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

Nope, thats not the problem. Im primarily an AM (and Fc) supporter. But the thing is, the share price of such ipo is just gonna tank because the divs will eventually fall back to none as the gear becomes obsolete. And the what? New ipo?

That's like saying:
"The price of gen1 hardware is just gonna tank because it will eventually become obsolete. And then what? New hardware?"
Tripjammer
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October 24, 2014, 02:37:32 PM
 #23975

So it's $1.63 per TH/s per day?

I believe the price for 1 MH/s = $0.51 + 1.89*10^(-8) USD per second.

Wait it's GH/s not MH/s this is sha256 not scrypt! Lol!

So $1.63/1000=$.00163 per gh/s

That's mad cheap!!!!

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October 24, 2014, 02:41:40 PM
 #23976

So it's $1.63 per TH/s per day?

I believe the price for 1 MH/s = $0.51 + 1.89*10^(-8) USD per second.

Wait it's GH/s not MH/s this is sha256 not scrypt! Lol!

So $1.63/1000=$.00163 per gh/s

That's mad cheap!!!!

My mistake.. you're right GH

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October 24, 2014, 02:42:24 PM
 #23977

So it's $1.63 per TH/s per day?

I believe the price for 1 MH/s = $0.51 + 1.89*10^(-8) USD per second.

Wait it's GH/s not MH/s this is sha256 not scrypt! Lol!

So $1.63/1000=$.00163 per gh/s

That's mad cheap!!!!

0.049$/GH/month. Over twice cheaper than PETA or CEX.IO for example. At least PETA shares are twce cheaper, while cex is twice more expensive than AMHash.

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
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October 24, 2014, 02:43:03 PM
 #23978

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.

What you are worrying about as "another IPO" is actually just another product from AM for customers to purchase. If it makes you feel better, think of those shares as the new USB sticks.

Nope, thats not the problem. Im primarily an AM (and Fc) supporter. But the thing is, the share price of such ipo is just gonna tank because the divs will eventually fall back to none as the gear becomes obsolete. And the what? New ipo?

That's like saying:
"The price of gen1 hardware is just gonna tank because it will eventually become obsolete. And then what? New hardware?"

Exactly. Im still waiting for the benefit of gen 3 as an AM shareholder. Where has the selfmining gone? What about franchisees? Plus How much do you think 5ph is gonna be worth when the exahash kicks in?
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October 24, 2014, 02:46:09 PM
 #23979

@rockxie Could you please ask FC to give sign of life if not straight forward updates?! He has let AM shares crashed without blinking and now there is another IPO out of the blur?! Thats not professional. Thank you.


FC is busy for Prismas production and BE300 these days,He will update soon when he is a bit free I think. All of AM guys are working hard as possible as they can as I know. The profits are kept for Prismas and BE300, as we know,there are lots of BE200 that are waiting to be produced to mining devices,and this needs money.

AMHash project is absolutely a good news for AM shareholders.
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October 24, 2014, 02:52:29 PM
 #23980

I think a word of praise is due:
- AM is really killing the competition with this offering.
- AMHash gives AM another avenue to sell their chips as efficiently as possible. They already have/had: chips sales, device sales, franchised mining, and self-mining. This is a really good idea.
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