btct22
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March 07, 2015, 10:34:50 PM |
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Am I reading that right? It's either $1.25 per chip, or pay $200,000,000 and save $0.26 per chip?
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elasticband
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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March 07, 2015, 10:39:51 PM |
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Am I reading that right? It's either $1.25 per chip, or pay $200,000,000 and save $0.26 per chip?
$1.25 or pay 200$M upfront plus $0.99 per chip?
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NotLambchop
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March 07, 2015, 10:43:22 PM Last edit: March 07, 2015, 11:23:20 PM by NotLambchop |
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^I'm reading it thusly: .@MrTeal thanks, just assumed these had to be in production & selling like hotcakes, since Mobsark flaunted this chip as proof that AM was hugely successful lately. BE100 - Major success BE200 - Failure BE300S - Better than anything currently available
*Guess I misinterpreted "anything currently available" as "available from the competition." Mobsark clearly meant "currently available," period. The chip simply doesn't exist
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laustcozz
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March 07, 2015, 10:54:31 PM |
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Why do people with apparent inside knowledge trickle out tiny little bits? What the hell is this? Is it something that you received from an AM employee today? A handout from a meeting months ago? Something you printed at home because you were bored? Posting a tidbit of information with no sourcing or context is infuriatingly useless.
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topminingcontracts
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March 07, 2015, 10:58:17 PM |
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Am I reading that right? It's either $1.25 per chip, or pay $200,000,000 and save $0.26 per chip?
$1.25 or pay 200$M upfront plus $0.99 per chip? Well considering the BE300 numbers are real. Is a cost of $0.23 per GH for the Miner Lets compare to SP20 at UnderClock or S5 miners that exist for some months. SP20 list price for 50 units including shipping is $366 lets say $30 is shipping cost list price with no discounts shipping not included is $336 an SP20 at 1.2 TH uses 0.49W per GH and the cos is $0.28 per GH without any volume discount for a large order. Production time 3 Month. A conservative difficulty estimation for 3 months is 15% $0.23 x 1.15 = $0.26 today. Also even if we can be optimistic there is a risk involved in the investment in a chip that does is not widely tested and/or lower than expected performance. There is an interesting efficiency improvement but not tested or proven yet. In my personal opinion this BE300 is ok but is not a good deal at all and I doubt will rise private pre-orders or other financing options with those numbers, the reward is to low for the involved risk. If BE300 is what that paper says I think is the end of AM unless a big change in market conditions. Regards Juan
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MrTeal
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March 07, 2015, 11:01:45 PM |
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Maybe that's a French mille? $200,000,000 is just outside the realm of possibility.
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FUR11
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FURring bitcoin up since 1762
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March 07, 2015, 11:03:32 PM |
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Am I reading that right? It's either $1.25 per chip, or pay $200,000,000 and save $0.26 per chip? I don't think it is $200M - that would be too much. I think $200k would be more realistic, maybe money needed for a second mask set or something. Or some sort of volume discount...
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Tigggger
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March 07, 2015, 11:05:12 PM |
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Now why would the guy who earned tens of thousands of btc legitimately want to scam people for a measly 1700 btc?
Oh a measly 1/2 million dollars, yeah who'd bother <end sarcasm>
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Mabsark
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March 07, 2015, 11:06:31 PM |
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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 |
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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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NotLambchop
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March 07, 2015, 11:11:35 PM |
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Maybe that's a French mille? $200,000,000 is just outside the realm of possibility.
Or is it?
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laustcozz
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March 07, 2015, 11:27:35 PM Last edit: March 08, 2015, 02:10:59 AM by laustcozz |
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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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topminingcontracts
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March 07, 2015, 11:30:46 PM |
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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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https://gliph.me/hUF
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March 08, 2015, 03:13:54 AM |
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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 |
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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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BtcLtcNmc
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March 08, 2015, 04:04:23 AM |
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Could you tell us where you got this document? Pls!
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Swimmer63
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March 08, 2015, 04:28:22 AM |
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... 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.
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MrTeal
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March 08, 2015, 05:49:03 AM |
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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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btct22
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March 08, 2015, 06:00:07 AM |
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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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RoadStress
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March 08, 2015, 06:02:01 AM |
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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.
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