Bitcoin Forum
September 20, 2019, 05:22:58 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 ... 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 [1200] 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3898971 times)
server
Legendary
*
Offline Offline

Activity: 889
Merit: 1002


~\/~


View Profile
October 24, 2014, 02:41:40 PM
 #23981

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

1569000178
Hero Member
*
Offline Offline

Posts: 1569000178

View Profile Personal Message (Offline)

Ignore
1569000178
Reply with quote  #2

1569000178
Report to moderator
1569000178
Hero Member
*
Offline Offline

Posts: 1569000178

View Profile Personal Message (Offline)

Ignore
1569000178
Reply with quote  #2

1569000178
Report to moderator
1569000178
Hero Member
*
Offline Offline

Posts: 1569000178

View Profile Personal Message (Offline)

Ignore
1569000178
Reply with quote  #2

1569000178
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1569000178
Hero Member
*
Offline Offline

Posts: 1569000178

View Profile Personal Message (Offline)

Ignore
1569000178
Reply with quote  #2

1569000178
Report to moderator
1569000178
Hero Member
*
Offline Offline

Posts: 1569000178

View Profile Personal Message (Offline)

Ignore
1569000178
Reply with quote  #2

1569000178
Report to moderator
Dexter770221
Legendary
*
Offline Offline

Activity: 1029
Merit: 1000


View Profile
October 24, 2014, 02:42:24 PM
 #23982

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.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
hdbuck
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
October 24, 2014, 02:43:03 PM
 #23983

@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?
rockxie
Sr. Member
****
Offline Offline

Activity: 284
Merit: 250


View Profile
October 24, 2014, 02:46:09 PM
 #23984

@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.
rudi
Full Member
***
Offline Offline

Activity: 141
Merit: 100


View Profile
October 24, 2014, 02:52:29 PM
 #23985

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.
Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
October 24, 2014, 02:52:38 PM
 #23986

@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.

Glad to hear that FC and AM / RM are working hard.  Hopefully there will be some kind of financial report soon.
stompysteve
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


View Profile
October 24, 2014, 02:54:31 PM
 #23987

@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.
Thanks for the quick update
hdbuck
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
October 24, 2014, 02:54:55 PM
 #23988

@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.

Alright thank you man.

Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
October 24, 2014, 02:55:27 PM
 #23989

@rockxie

Are you still involved with AM and AM sales?  Or did you leave AM to focus 100% on Rockminer?
rockxie
Sr. Member
****
Offline Offline

Activity: 284
Merit: 250


View Profile
October 24, 2014, 03:18:24 PM
 #23990

@rockxie

Are you still involved with AM and AM sales?  Or did you leave AM to focus 100% on Rockminer?

Actually,I'm always have good relationship with AM,the reason I started RM was that AM was planning to be an ASIC chips company.But you know,things were not as good as we thought. RM now are going to cooperate with AM in many parts,such as marketing,sales,R&D...etc.More details will come out later.
Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
October 24, 2014, 03:23:35 PM
 #23991

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?

I think you are misunderstanding AMHash. As an AM shareholder it makes no difference to you whether the divs and share price of AMHash tanks over time because AM won't be receiving divs from AMHash (if all the shares get sold), just like AM don't get any BTC from customers mining with Tubes and Prismas. What AM gets is the up front purchase cost of the miners or the costs of the shares in the case of AMHash.

So, people buy the AMHash shares now, AM gets that money now (only from the initial sale of a share) and the people who bought the AMHash shares get the BTC mined by their 1 Gh/s shares until they sell them.
hdbuck
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
October 24, 2014, 03:28:33 PM
 #23992

@rockxie

Are you still involved with AM and AM sales?  Or did you leave AM to focus 100% on Rockminer?

Actually,I'm always have good relationship with AM,the reason I started RM was that AM was planning to be an ASIC chips company.But you know,things were not as good as we thought. RM now are going to cooperate with AM in many parts,such as marketing,sales,R&D...etc.More details will come out later.

Any chance you cooperate on the IR level?! ^^
FUR11
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250

FURring bitcoin up since 1762


View Profile
October 24, 2014, 03:30:36 PM
 #23993

Huh, always mesmerizing to see how a few words spoken by the right person can influence AM's price on Havelock... Wow!

amhash
Full Member
***
Offline Offline

Activity: 129
Merit: 100


View Profile
October 24, 2014, 03:39:47 PM
 #23994

Well, this is merely a co-founded cloud mining project and contract, he's selling. This is effectively just a product ASICMiner is selling to people who are interested. The regular AM1 shares own a part of the company, therefore they're de-facto entitled to the revenue of this project (which first flows into the company, dividends only consist of what FC decides to forward to the shareholders)

Actually, the dividend is not up to FC only, which is the theory one, and we make the daily payment , people will find the problem very quickly if there were.
We will release more infos of AMHash and let people trust us!!! Though FC didn't say too much, but he did a lots of things for ASICminer, no dividends not means they keep in their pocket, company need capital for reinvestment on chips and now products.

AMHash
ASICMINERROCKMINER ● Purchase from: AMHash (20Th/s min) ● Havelock (1Gh/s min)
Cloud-mining contracts: 0.0012 BTC per Gh ● Maintenance fee: $0.001551 per Gh per day ● Upto 6% Christmas Bonus

friedcat
Donator
Legendary
*
Offline Offline

Activity: 848
Merit: 1001



View Profile
October 24, 2014, 03:43:48 PM
 #23995

Update

Development
The 28nm BE300 engineering batch tapeout was in September 16 with TSMC.
The power efficiency is 0.225W/G to 0.343W/G ranging from core voltage of 0.55V
to 0.70V. The two main mistakes made in BE200 were dedicatedly addressed and
avoided in the whole design stage so we do not expect surprise in frequency and
power consumption in real products.

14nm/16nm projects are at pre-evaluation and pre-design stage. It has to be done
in 2015 but the starting time of placing orders depends on overall gain vs (NRE/R&D/risks).

Led by Block Erupter Prisma, a series of efforts to reduce component-wise
cost and system-wise power efficiency were made.

Production
As known by OEM producers, several large batches of BE200 had problems with
popping chips affecting whole boards due to the misoperation from the packaging
company. It hindered afterwards chip sales and delayed the starting time of
Tube/Prisma sales. Later supply of BE200 has no such problem and filtering process
on old BE200 is also underway.

Because of the non-open-source status of Prisma and high cost of all other designs, BE200
sales were stopped. Rest BE200 chips will likely be consumed by Prisma and succeeding revises.

The mass production time of BE300 in terms of chip-out date is February to March, 2015.

Operation
As sales were seriously hindered by unexpected yield issue of BE200, we had missed many
dates with financing the big mining farm of our own. It is still hopeful that all good BE200
will be turned to hashrate before too late and we have liquid profits again before BE300, but
from the big picture, the missing of target on BE200, the mis-judgment on OEMs and later
yield/financing problem, limited our expansion and profit in this year. But luckily R&D on later
products is not much affected.

AM will continue to develop new products, expand its mining farms, deliver machines to miners,
as well as make money for shareholders.

There is no any foreseeable plan from AM side on force buy-back, dumping, or any
activities on the open stock market. There is no plan of privatization either. The management,
R&D, sales as well as marketing is being more and more separated and dedicated to professionals,
but the founders will continue to be heavily involved and drive AM in the more and more competitive
market. Scenarios of BE100 vs graphics card may never happen again, but we need catch
any opportunity on timing window of leads at either technology or deploying/financing resources
to win the last battle when mining is still an under-capitalized game.

Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
October 24, 2014, 03:46:35 PM
 #23996

Update

Development
The 28nm BE300 engineering batch tapeout was in September 16 with TSMC.
The power efficiency is 0.225W/G to 0.343W/G ranging from core voltage of 0.55V
to 0.70V. The two main mistakes made in BE200 were dedicatedly addressed and
avoided in the whole design stage so we do not expect surprise in frequency and
power consumption in real products.

14nm/16nm projects are at pre-evaluation and pre-design stage. It has to be done
in 2015 but the starting time of placing orders depends on overall gain vs (NRE/R&D/risks).

Led by Block Erupter Prisma, a series of efforts to reduce component-wise
cost and system-wise power efficiency were made.

Production
As known by OEM producers, several large batches of BE200 had problems with
popping chips affecting whole boards due to the misoperation from the packaging
company. It hindered afterwards chip sales and delayed the starting time of
Tube/Prisma sales. Later supply of BE200 has no such problem and filtering process
on old BE200 is also underway.

Because of the non-open-source status of Prisma and high cost of all other designs, BE200
sales were stopped. Rest BE200 chips will likely be consumed by Prisma and succeeding revises.

The mass production time of BE300 in terms of chip-out date is February to March, 2015.

Operation
As sales were seriously hindered by unexpected yield issue of BE200, we had missed many
dates with financing the big mining farm of our own. It is still hopeful that all good BE200
will be turned to hashrate before too late and we have liquid profits again before BE300, but
from the big picture, the missing of target on BE200, the mis-judgment on OEMs and later
yield/financing problem, limited our expansion and profit in this year. But luckily R&D on later
products is not much affected.

AM will continue to develop new products, expand its mining farms, deliver machines to miners,
as well as make money for shareholders.

There is no any foreseeable plan from AM side on force buy-back, dumping, or any
activities on the open stock market. There is no plan of privatization either. The management,
R&D, sales as well as marketing is being more and more separated and dedicated to professionals,
but the founders will continue to be heavily involved and drive AM in the more and more competitive
market. Scenarios of BE100 vs graphics card may never happen again, but we need catch
any opportunity on timing window of leads at either technology or deploying/financing resources
to win the last battle when mining is still an under-capitalized game.


Excellent to hear!

Thank you for the update!   Smiley
Blazed
Casascius Addict
Legendary
*
Offline Offline

Activity: 2072
Merit: 1110



View Profile WWW
October 24, 2014, 03:50:25 PM
 #23997

You took that as good news  Huh
Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
October 24, 2014, 03:51:11 PM
 #23998

You took that as good news  Huh

Well, it is an update after all
nycgoat
Member
**
Offline Offline

Activity: 117
Merit: 10


View Profile
October 24, 2014, 03:53:18 PM
 #23999

It looks like good news, at least AM isn't declaring bankruptcy like some other mining companies.
sngwinner
Full Member
***
Offline Offline

Activity: 435
Merit: 100



View Profile
October 24, 2014, 03:57:14 PM
 #24000

Fried Cat

Please comment on when share holders can expect dividends and what the companies current financials are. It sounds bad. We might not get dividends until after new chips deploy in 2015 and again that's a maybe.

Please also comment on whether you or other owners are taking a salary from operations or if your only return is from dividends?

ETERBASE | TRADE WITH NEGATIVE FEES
xbase ▬▬▬■▌[SIGN UP NOW]▐■▬▬▬ xbase
ANN THREAD   |    TELEGRAM    |    FACEBOOK    |    TWITTER
Pages: « 1 ... 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 [1200] 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 ... 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!