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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3897215 times)
Mabsark
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March 07, 2015, 11:06:31 PM
 #25741

That $200M figure could just be the price quoted by TSMC for a bulk discount. Bitcoin ASIC production is pretty insignificant when compared to the number of chips produced by AMD, Apple, etc.
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Blazed
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March 07, 2015, 11:09:02 PM
 #25742

I will believe it when they ship...kind of hard to trust them otherwise. AM is not known for their transparency that is for sure.
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March 07, 2015, 11:11:35 PM
 #25743

Maybe that's a French mille? $200,000,000 is just outside the realm of possibility.

Or is it?

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March 07, 2015, 11:27:35 PM
Last edit: March 08, 2015, 02:10:59 AM by laustcozz
 #25744


I don't think it is $200M - that would be too much.

Yeah, Quadrupling Producing 20x the current network hash rate just to break even seems like it is probably a bad idea.
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March 07, 2015, 11:30:46 PM
 #25745

Maybe that's a French mille? $200,000,000 is just outside the realm of possibility.

Or is it?




Total network HashRate today is 320 PH (aprox.) if the cost today per GH is average 0.30, 100% of the network is u$s 160.000.000, if is $200.000.000.- is not doable. In the other hand $200.000.- is insignificant for TSMC so does not make sense also.

I bet for 20 Million but anyway 20 million is not a realistic number for a chip of this characteristics.

Juan


 
 
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Newar
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March 08, 2015, 03:13:54 AM
 #25746

Maybe that's a French mille? $200,000,000 is just outside the realm of possibility.

Hong Kong Dollar? USD 25,780,900
Taiwan Dollar? USD 6,321,410

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BtcLtcNmc
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March 08, 2015, 03:49:35 AM
 #25747

This dodgy auction https://bitcointalk.org/index.php?topic=932445.msg10252285#msg10252285  was probably a final push for getting as much coin as possible before the exit.    Now we're getting fed bullshit from a number of other users as a cover up.

He could have easily made a lot more money by e.g. announcing BE300 miners with <0.2W/GH/s performance and taking mass pre-orders (resellers would have bought them).
Good point! And FC has already spent a lot of money on the BE300 chip, why should he do that if he's a scammer?
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March 08, 2015, 04:04:23 AM
 #25748


Could you tell us where you got this document? Pls!
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March 08, 2015, 04:28:22 AM
 #25749

...
AM paid out just over 0.6 BTC in divs from BE100. The shares cost 0.1 BTC each. Like I said, BE100 was a major success.

Ahh, so folks weren't surprised that, after buying shares @(what was it, like 4BTC?) that the divs were going to stop & share price tank?
This was all expected, right?
Well shit, I don't see why those ingrates are whining-- Anon known as friedcat is simply taking a well-deserved lunar new year/Kwanzaa vocation thingy.

In the alternative, perhaps folks are just trying to find friedcat to return what he clearly overpaid in dividends?  Could that be it?  I mean, he, like, overpaid by 500%, amirite?
Stop wasting space on this thread. You are pollution and add nothing but ignorance. Ignored.
MrTeal
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March 08, 2015, 05:49:03 AM
 #25750

Maybe that's a French mille? $200,000,000 is just outside the realm of possibility.

Hong Kong Dollar? USD 25,780,900
Taiwan Dollar? USD 6,321,410
Maybe, but that would make the chip cost $0.16 for a 6GH/s chip, or $0.04. The market is tough right now, but $0.027 to $0.007 per GH/s for chips seems low.
Regardless, either way at $1.25 for chips vs $200M and $0.99/chip, regardless of the currency you would need to order 770 millions chips to break even vs ordering singles. That's 4615PH/s worth.

That $200M figure could just be the price quoted by TSMC for a bulk discount. Bitcoin ASIC production is pretty insignificant when compared to the number of chips produced by AMD, Apple, etc.
$200M is a pretty significant amount, even for TMSC. That's a full 1% of their entire 2013 revenue. It's a little more than a bulk discount threshold.
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March 08, 2015, 06:00:07 AM
 #25751

I just did a translate of the Chinese version of the text and it says "Large quantities of fixed two million dollars"  so it looks like a translation error. 
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March 08, 2015, 06:02:01 AM
 #25752

BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

Only if you ignore the latest Bitfury chip that can do 0.2W/GH.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
norman
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March 08, 2015, 06:04:58 AM
 #25753

I just did a translate of the Chinese version of the text and it says "Large quantities of fixed two million dollars"  so it looks like a translation error. 

Yes, 万 (wan) is 10K.  200 万 is 2 million. 
Mabsark
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March 08, 2015, 06:09:35 AM
 #25754

BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

Only if you ignore the latest Bitfury chip that can do 0.2W/GH.

Only if you pretend that BitFury's new chip is actually currently available.
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March 08, 2015, 06:17:55 AM
 #25755

I just did a translate of the Chinese version of the text and it says "Large quantities of fixed two million dollars"  so it looks like a translation error.  
It means for large quantities order the price of the fixed part is two million US dollars.
The translation is correct!
btct22
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March 08, 2015, 06:45:02 AM
 #25756

Yes but the English version on the document itself is misleading.  anyway, distractions..

Has anyone heard anything from FC or can some of the board members/whales share any more information?   I'm just a small shareholder but it would be nice to know which way things are headed, holding my shares regardless. It's been a gamble for so long now it doesn't matter anymore.
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March 08, 2015, 07:46:32 AM
 #25757

Yes but the English version on the document itself is misleading.  anyway, distractions..

Has anyone heard anything from FC or can some of the board members/whales share any more information?   I'm just a small shareholder but it would be nice to know which way things are headed, holding my shares regardless. It's been a gamble for so long now it doesn't matter anymore.

I agree and any accurate information is much appreciated. Thank you.

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pierrejo
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March 08, 2015, 08:25:12 AM
 #25758

Please stop feeding the trolls - simply don't reply.
To everyone - take into account that this thread means more than a few chuckles to a lot of folks. I  have nearly all my BTCs locked in AM shares, yet the situation is not as painful as the constant joking about it from a community I helped build.
Work together instead of destroying each others, which is what the very Bitcoin protocol is about: in the long term we gain more by helping each others rather than attacking each others (Blockchain).
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March 08, 2015, 09:15:00 AM
 #25759

BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

Only if you ignore the latest Bitfury chip that can do 0.2W/GH.

Only if you pretend that BitFury's new chip is actually currently available.

Only if you pretend that BE300/BE300S miners are available.

Please stop feeding the trolls - simply don't reply.
To everyone - take into account that this thread means more than a few chuckles to a lot of folks. I  have nearly all my BTCs locked in AM shares, yet the situation is not as painful as the constant joking about it from a community I helped build.
Work together instead of destroying each others, which is what the very Bitcoin protocol is about: in the long term we gain more by helping each others rather than attacking each others (Blockchain).

Well I tried warning you shareholders folks since last summer, but nobody believed me and everyone accused me of bashing AM and trying to promote other products. Here is the proof:

Are you that ignorant or plain stupid? DataTank Mining project is a customer of AM. AM is one of the - if not THE - healthiest BTC HW business and is not "crowdfunding" anything.

Now crawl back to the cave you came from and troll in some other thread. And take the other two trolls with you.

Healthiest? How come? AM is just cash-less sitting on 60PH worth of wafers. Where is the health in there? They can't even help the bitcoin network with some hashpower of their own so that Ghash can go below the 50% share. AM self-mining is just a joke at this moment. Their future relies on selling inefficient chips to customers.

The list can go on because I never stopped in trying to point out the obvious things, but the only result was to become a hated person around here.


H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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March 08, 2015, 09:25:22 AM
 #25760

BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

Only if you ignore the latest Bitfury chip that can do 0.2W/GH.

Only if you pretend that BitFury's new chip is actually currently available.

Only if you pretend that BE300/BE300S miners are available.

Please stop feeding the trolls - simply don't reply.
To everyone - take into account that this thread means more than a few chuckles to a lot of folks. I  have nearly all my BTCs locked in AM shares, yet the situation is not as painful as the constant joking about it from a community I helped build.
Work together instead of destroying each others, which is what the very Bitcoin protocol is about: in the long term we gain more by helping each others rather than attacking each others (Blockchain).

Well I tried warning you shareholders folks since last summer, but nobody believed me and everyone accused me of bashing AM and trying to promote other products. Here is the proof:

Are you that ignorant or plain stupid? DataTank Mining project is a customer of AM. AM is one of the - if not THE - healthiest BTC HW business and is not "crowdfunding" anything.

Now crawl back to the cave you came from and troll in some other thread. And take the other two trolls with you.

Healthiest? How come? AM is just cash-less sitting on 60PH worth of wafers. Where is the health in there? They can't even help the bitcoin network with some hashpower of their own so that Ghash can go below the 50% share. AM self-mining is just a joke at this moment. Their future relies on selling inefficient chips to customers.

The list can go on because I never stopped in trying to point out the obvious things, but the only result was to become a hated person around here.




Its just the way you even come in here now - hahahaha i was right you were wrong, you lost money, hahahaha, i am better than all of you. Trololol.
Try mixing it up a bit and not just being the boring i told you so record. 

I know I've potentially made bad choices and lost some money buy i dont need you trying to rub salt in the open wounds as such


You are like the cock who thought the sun had risen to hear him crow
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