ASICMINER: Entering the Future of ASIC Mining by Inventing It

[blastbob]

I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for?

[delaria]

I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for?

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

[robix]

WOW

thats only ~ 800 BTC/unit

[GIANNAT]

I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for?

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

[bitfair]

Just wanted to share a short calculation I made that put some things into perspective.

I asked myself the question: until when will these blades continue to be profitable to mine with?

And the answer is surprising*: The marginal cost to produce one BTC with ASICMINER hardware is currently 0.435 USD.

At the current price of ~130 USD/BTC, it continues to be profitable to mine with this until the total network hash rate reaches around 30 peta-hashes per second - or to put it differently, until network hash rate has grown by a factor of around 250.

TL;DR - "prev-gen" (130 nm) hardware to continue to be profitable for a long time!


* Assumptions: 0.10 USD/kWh power costs, and assume away all fixed costs (hardware costs, operation, space rental, etc.), that is, focus on the marginal cost.

[Taxidermista]

Just wanted to share a short calculation I made that put some things into perspective.

I asked myself the question: until when will these blades continue to be profitable to mine with?

And the answer is surprising*: The marginal cost to produce one BTC with ASICMINER hardware is currently 0.435 USD.

At the current price of ~130 USD/BTC, it continues to be profitable to mine with this until the total network hash rate reaches around 30 peta-hashes per second - or to put it differently, until network hash rate has grown by a factor of around 250.

TL;DR - "prev-gen" (130 nm) hardware to continue to be profitable for a long time!


* Assumptions: 0.10 USD/kWh power costs, and assume away all fixed costs (hardware costs, operation, space rental, etc.), that is, focus on the marginal cost.

What blades are you talking about?

[delaria]

I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for?

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

[bitfair]

What blades are you talking about?

It should work out approximately the same for both the Block Erupter Blade and the USB miner, since I imagine power consumption is approximately the same...

[bobboooiie]

I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for?

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions

[lophie]

I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for?

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions

2500 -> 2000 == 2.5 -> 2, For 2.5*1000 shares.

[delaria]

I'm looking to swap Avalon hardware (at least 2 units) for AM shares, direct or PT, any big holder interested? offers?

P.S. I have the hardware in hands so pickup in Europe is possible

Where in europe? And how many shares are you asking for?

We can meet anywhere in Europe, i am willing to move. For 3 units i'm looking for 1000 shares.

You need to evaluate better your offer.. in hand Avalon sells for 220BTC.. why anyone should give you 2500 BTC of shares?

Can you point out to someone selling an avalon for 220 btc right now that isn't totally a sham or the likes ?
Also, the share price can fluctuate, tomorrow 2500 btc could be 2000, or 1000.

Well by your logic Iam gonna take your offer for 7 shares because tomorrow the price can be at 5000 could be 10000 or six jillions

well, this is also correct, i guess nobody will take up on the offer.

[SmiGueL]

These usb 3.0 hubs arent cheap either..

Those hubs are about 0.04BTC / stick. _{(that's 2% of the stick value)} (link)

But he has 77 sticks, so pictures with more hubs 'll come soon  

to my understanding it is possible to run 127USB devices from the one host...... any ideas why i am failing to pass 58? would love to add another 2 racks to that photo for ya!

--

New pics:

( Had three ports that would not accept any Erupter USB that was plugged into it, but worked fine in any other slot. *shrugs* )

[Franktank]

There is something inherently sexy with those USB miners in a blue LED light...

[ning]

So cute!

[joele]

Which is more profitable, buying 50 USB Erupter to mine BTC @home or buy AM shares?

[Franktank]

Which is more profitable, buying 50 USB Erupter to mine BTC @home or buy AM shares?

ASICMiner Hash Rate Comparison.

[ThickAsThieves]

Which is more profitable, buying 50 USB Erupter to mine BTC @home or buy AM shares?

Time machine required.

[GuiltySpark343]

Which is more profitable, buying 50 USB Erupter to mine BTC @home or buy AM shares?

Seems odd for you to ask this question when your profile indicates you are associated with/run this website: BTC.re

[blastbob]

I love the weekly payout, it feels better to convert that to USD, than selling shares.

[KarmaShark]

I love the weekly payout, it feels better to convert that to USD, than selling shares.

Feels even better rolling them into more ASICMINER