ASICMINER: Entering the Future of ASIC Mining by Inventing It

[minerpumpkin]

Little speculation:
It's quiet possible that friedcat may sell 1 milion chips/month. Price 12$/chip, production cost 2$(?)/chip, profit 10$/chip.
10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

EDIT: And 1M chips is 12PH. If that kind of hashing power will come online every month those chips become very expensive very quickly.

You do realize shares aren't worthless as soon as you buy them, you can still sell them. You are talking about yield. And in your case this would be a yield of 100% a year, which is exorbitantly high. AM usually resides at about 25-30% yield a year. This would constitute a share price of 1 BTC in your calculations. Also, don't forget new hardware that'll be in development.

[minerpumpkin]

I do not see a flood of buyers , price is still lower than previous hype. 0.7 BTC

In the past when low records divs where achieved,  FC posted an update. Same story here.

Everyone is still busy celebrating...

[swordking]

 I can see the Immersion Cooling Mining Facility/Technology will using for every big pool, AM price will go to sky high

[thatbluedude]

I am just wondering what is going to happen to the Immersion Cooling Mining Facility/Technology if ASICMINER is going to be chip-selling only.

AM won't go 100% chip production. read the chip thread
https://bitcointalk.org/index.php?topic=438359.0
 "Full devices from ASICMiner are definitely going to exist "

[101111]

"The open-source part will be the reference PCB, not the chip."

[gnomesick]

No one?  Really? ...

Okay, I'll go :-)

This week's divs = 0.00061457

Nice little bump up from last week, to go with the good chip news.

[dmcdad]

This week's divs = 0.00061457

Confirmed here as well.

[neilol]

This week's divs = 0.00061457

Confirmed here as well.

Wasn't expecting so early. confirmed

[Dargumin]

Lots of AM 100 shares for sale at the current ask price  

[Lloydie]

Little speculation:
It's quiet possible that friedcat may sell 1 milion chips/month. Price 12$/chip, production cost 2$(?)/chip, profit 10$/chip.
10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

EDIT: And 1M chips is 12PH. If that kind of hashing power will come online every month those chips become very expensive very quickly.

You do realize shares aren't worthless as soon as you buy them, you can still sell them. You are talking about yield. And in your case this would be a yield of 100% a year, which is exorbitantly high. AM usually resides at about 25-30% yield a year. This would constitute a share price of 1 BTC in your calculations. Also, don't forget new hardware that'll be in development.

With most energy efficient chips, the only question is when FC captures 400k Btcs of the next 1.3 M + transact fees. This is a no brainer.

[lame.duck]

Update
The tapout date is pulled back to early Feburary due to further modifications for robustness and stability, but mass delivery date is still March.

Hello, first i want to thank you for the update. but some question for the curious:

How does this work, a later schedule for the tape out but no change in the timeline for mass delivery? As far i understand chip manufacturing it takes around a day per layer and there a over 3 dozens of layers to be processed?

[Rival]

Where are all the banners of old women holding up block eruptor blades? I really used to enjoy those whenever FC made a State of the Union speech.

Regardless, I think it will be difficult for FUDsters to find a black cloud in this silver lining, but I am certain many will try.

[supert]

How does the W/GH and price/GH compare to cointerra's offering?
I can't find info about their power consumption.

[Chris_Sabian]

How does the W/GH and price/GH compare to cointerra's offering?
I can't find info about their power consumption.

According to one of the first recipients, it hashes at 1.7 Th/s with 2 KW draw.  Although a firmware upgrade is suppose to increase the hash by 20% and decrease power by 20%.

From Reddit http://www.reddit.com/r/Bitcoin/comments/1webkm/i_am_the_guy_who_got_the_first_cointerra_miner_ama/

[Anotheranonlol]

[Zubilica]

Full devices from ASICMiner are definitely going to exist on the form of samples and small batches. ASICMiner may also build new mining farms based on new chips. Unsliced wafers may also be available for sale. But the main business direction is to provide packaged chips.

- This is the future of AM business, mining is on left for others , AM will focus on hardware sale. Posts like this make me laugh : https://bitcointalk.org/index.php?topic=438359.msg4820725#msg4820725
- Price is low and must be competitive, profits will be also low , unfortunately
- How much profit can you get from 0.49$/G-0.99$/g range  ? top will be 10$/chip.

Brief calculation (minerpumpkin) :

10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

Subtract all spending's, investment for next generation of chips.

My assumption is that we will never see 0.02BTC/share/month and ROI is ~2-3 years for all the shares bought above 0.4BTC

ps ...Please take this as a personal opinion , I own AM shares.

[mmitech]

Full devices from ASICMiner are definitely going to exist on the form of samples and small batches. ASICMiner may also build new mining farms based on new chips. Unsliced wafers may also be available for sale. But the main business direction is to provide packaged chips.

- This is the future of AM business, mining is on left for others , AM will focus on hardware sale. Posts like this make me laugh : https://bitcointalk.org/index.php?topic=438359.msg4820725#msg4820725
- Price is low and must be competitive, profits will be also low , unfortunately
- How much profit can you get from 0.49$/G-0.99$/g range  ? top will be 10$/chip.

Brief calculation (minerpumpkin) :

10 000 000/400 000 =25$/share/month
At 1000$/BTC = 0.025BTC/share/month
At 0.3BTC/share ROI=1year. If price of BTC goes up, ROI = bye bye.

Subtract all spending's, investment for next generation of chips.

My assumption is that we will never see 0.02BTC/share/month and ROI is ~2-3 years for all the shares bought above 0.4BTC

ps ...Please take this as a personal opinion , I own AM shares.

I will buy 20 shares at 0.5 BTC from you if you are willing to sell, and I can bet 1 BTC that the profit will be more than what you predicted there, will you go down against me on this one ? you have 1 hour to think about it ...

[supert]

How does the W/GH and price/GH compare to cointerra's offering?
I can't find info about their power consumption.

According to one of the first recipients, it hashes at 1.7 Th/s with 2 KW draw.  Although a firmware upgrade is suppose to increase the hash by 20% and decrease power by 20%.

From Reddit http://www.reddit.com/r/Bitcoin/comments/1webkm/i_am_the_guy_who_got_the_first_cointerra_miner_ama/

If friendcat's design pans out it looks like AM chips will be about 3x as power efficient.

[aahzmundus]

Time to find my Friedcat shirt and PARTY!!!!!  I was maybe 20 hours from panic selling 50% of my shares due to no news!  THANK YOU FRIEDCAT!

Edit: apparently you can no longer link images?  in that case: http://imgur.com/M52nomu

[vortex1878]

Time to find my Friedcat shirt and PARTY!!!!!  I was maybe 20 hours from panic selling 50% of my shares due to no news!  THANK YOU FRIEDCAT!

Haha. Same here. I even transferred some to Havelock.

For those constantly asking / complaining about the transfer time: I requested on Monday, and friedcat confirmed the transfer today, just before dividend payment. I do not remember how many requests I have sent so far (plenty), and every single one was executed well within a week and before the next dividend payment.

Cheers to ASICMINER and all of us with balls of steel!