ASICMINER: Entering the Future of ASIC Mining by Inventing It

[zeocrash]

As ASICMiner is doing so well and BFL has a few issues, why doesn't it just offer to buy Butterfly labs (the company, not their ASIC's)?
They can't do a worse job of running BFL than the current owners, and they may even be able to use Firedcat's Midas touch to make us some more money

[1714955462]

1714955462

[stripykitteh]

The delivered status was frozen for what seemed like forever well it is no longer frozen.

yeah, but the backlog is enormous.  those units were ordered last June/July.  

How can that possibly be competition for products that are ordered this week, shipped this week?

I mean, come on.  On one hand, you have products shipping that were purchased a year ago with a huge backlog of orders behind them, and on the other hand, you have products that you can get in a few days.  Which do you buy?

Price is not the only thing with mining hardware, speed of delivery is very important.  BFL can ship all the 1 yr old orders they want, but that does not compete at all with AM hardware that ships immediately.

I've been keeping my own track of BFL's order book. Even the newbs are wising up where BFL is concerned. The number of new invoices they are generating per day has been steadily declining for a while. The rolling 5-day average is now down to about 250 from a high of almost 1000 on the 10th of April:

https://docs.google.com/spreadsheet/pub?key=0AlTboxjHIfuGdFd4NEJOcVBqRHRnQkVfVWVCcnBfdVE&gid=1

I estimate that about 40% of invoices end up being paid for so they're currently only getting about 100 new orders a day, mostly 5GH/s miners. If that's their only source of cash flow they'd want to have a hefty bankroll saved if they have any new NRE coming up.

[philipma1957]

does anyone see people selling AM products/shares to buy BFL products?  I see people selling BFL pre-orders to buy blades and AM shares all the time...

I agree , but the worm turns.

 As I said I sold off 2 little single orders to get into AM. I now sold off my AM.  I will hold  the coins  and take a va kay from this btc world.  I will check back next weds. to post how bfl went from 102 jallys to ? jallys.

 time will tell if I spotted a turning point or made a fool of myself.  

[radiumsoup]

time will tell if I spotted a turning point or made a fool of myself.  

It's never foolish to realize a profit.

[velacreations]

As ASICMiner is doing so well and BFL has a few issues, why doesn't it just offer to buy Butterfly labs (the company, not their ASIC's)?
They can't do a worse job of running BFL than the current owners, and they may even be able to use Firedcat's Midas touch to make us some more money

how much does vaporware go for these days?

[velacreations]

I will check back next weds. to post how bfl went from 102 jallys to ? jallys.

maybe you should wait until they've delivered enough orders to only be 1-2 months behind.  That's the point when it actually matters.

As I said I sold off 2 little single orders to get into AM. I now sold off my AM.

  Will you be buying back those pre-orders?

[Lohoris]

You assume that lowering the price will result in the same amount of sales. In reality lowering price usually increases sales as demand and supply match again after changes. Selling 200 blades at 30BTC is more than 100 blades at 50BTC. Another point here is better ROI for buyers, as they are more likely to buy more hardware in the future if they manage to make some BTC. At current prices it's very likely some buyers may not get back their investment which will be disappointing for them and will kill the desire to buy more hardware in the future.

But you also have to consider that the more chips you sell, the more the difficulty will rise, so there are pretty strong diminishing returns in increasing sales...

[zeocrash]

As ASICMiner is doing so well and BFL has a few issues, why doesn't it just offer to buy Butterfly labs (the company, not their ASIC's)?
They can't do a worse job of running BFL than the current owners, and they may even be able to use Firedcat's Midas touch to make us some more money

how much does vaporware go for these days?

How much you got??

[velacreations]

How much you got??

.0015 btc

[MikkisJ]

You assume that lowering the price will result in the same amount of sales. In reality lowering price usually increases sales as demand and supply match again after changes. Selling 200 blades at 30BTC is more than 100 blades at 50BTC. Another point here is better ROI for buyers, as they are more likely to buy more hardware in the future if they manage to make some BTC. At current prices it's very likely some buyers may not get back their investment which will be disappointing for them and will kill the desire to buy more hardware in the future.

But you also have to consider that the more chips you sell, the more the difficulty will rise, so there are pretty strong diminishing returns in increasing sales...

With today's hashrate even hundreds of blades won't add much difficulty. It's very uncertain what other players will bring during the summer, except maybe for Avalon chips that will start hashing in July/August. But if hash rate will go to 200-300 TH/s one Blade will be a drop in the ocean. At that point they'll have to lower the price a lot, and increase sales a lot too.

[SmiGueL]

Satoshis!

[talnted]

Satoshis! 

Got mine as well

[MikkisJ]

Satoshis!

Care to tell how much?

[puck2]

Satoshis!

Care to tell how much?

Shareholders get one Satoshi per share.

[finlof]

Satoshis!

Care to tell how much?

Shareholders get one Satoshi per share.

what's the dividend today?

[ThickAsThieves]

Satoshis!

Care to tell how much?

Shareholders get one Satoshi per share.

what's the dividend today?

.00000001 it looks like.

[John (John K.)]

*John waits for the next block to come along....*

[Franktank]

0.038080/share

0.03814687/share

Wrong calculations from enthusiasm

Congratz/thanks to friedcat!!

[stripykitteh]

0.03814687!

[nexus 6]

0.038080/share

Congratz and thanks to friedcat!!

Really? Impressive!!