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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916346 times)
Lohoris
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January 30, 2014, 11:22:04 AM
 #16821


Oh dear. It's there, yet not in the wallet.
My precious unconfirmed dividend Smiley


mine isn't :/

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sayonara_sam
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January 30, 2014, 01:10:25 PM
 #16822


Oh dear. It's there, yet not in the wallet.
My precious unconfirmed dividend Smiley



anyone a clue why it takes so long to confirm? has this happened any time before?
GodHatesFigs
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January 30, 2014, 01:34:58 PM
 #16823

So with tapeout in March, what's the earliest we could see finished chips?
jimmothy
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January 30, 2014, 01:41:39 PM
 #16824

So with tapeout in March, what's the earliest we could see finished chips?
Tapeout in a few days

Finished chips in march.
SmiGueL
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January 30, 2014, 01:50:37 PM
 #16825

So with tapeout in March, what's the earliest we could see finished chips?

Update
mass delivery date is still March.

 Cool

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
papiraul
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January 30, 2014, 01:52:20 PM
 #16826

So with tapeout in March, what's the earliest we could see finished chips?
Tapeout in a few days

Finished chips in march.

Just a quick explanation:

Taped out
Refers to the completion of the design of a chip. The next stage is to put it into production. The term comes from the early days when designs were transferred to the fabricator via magnetic tape.

So all the specifications you get from FC about the chip rightnow comes from simulations. There's actually still no physical chip produced so there's still a lot of things that can go wrong or be delayed. It's not until the real chip can be benchmarked that we will know for real. I would advice to be a bit cautious before buying into stocks at the current high prices.
Kosmatos
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January 30, 2014, 02:03:08 PM
 #16827


Oh dear. It's there, yet not in the wallet.
My precious unconfirmed dividend Smiley



anyone a clue why it takes so long to confirm? has this happened any time before?

Simple. The transaction included 0.0001 in fees but the transaction size is 1481 bytes, which means not enough fees for the transaction size so it is waiting to be confirmed by a miner that accepts less than the normal minimum fees. Check it out on blockchain.info, click the transaction ID and look around, you'll see it is in a queue.
minerpumpkin
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January 30, 2014, 02:09:03 PM
 #16828

The naysayers are back. I kind of missed you! Smiley
Sure, retain a certain amount of caution. Always! But I think after these news you should apply a bit more of Occam's Razor!

I should have gotten into Bitcoin back in 1992...
bitfair
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January 30, 2014, 03:20:26 PM
 #16829

Now, let's piece together the information that we have and do a little light-weight analysis:

The first production run is expected to be from 2-20 PH, cost is $0.20/GH and price is $0.49-$0.99/GH. So the profit from this batch should be in the range of $580,000 and $15,800,000. At $900/XBT, that makes between XBT 644 and XBT 17,555. Counting 400k shares, the batch should then produce a profit of XBT 0.00161 and XBT 0.0438875 per share -- before subtracting R&D and operational costs.

Does that calculation look more or less sensible to you guys?
vortex1878
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January 30, 2014, 03:26:55 PM
 #16830

Now, let's piece together the information that we have and do a little light-weight analysis:

The first production run is expected to be from 2-20 PH, cost is $0.20/GH and price is $0.49-$0.99/GH. So the profit from this batch should be in the range of $580,000 and $15,800,000. At $900/XBT, that makes between XBT 644 and XBT 17,555. Counting 400k shares, the batch should then produce a profit of XBT 0.00161 and XBT 0.0438875 per share -- before subtracting R&D and operational costs.

Does that calculation look more or less sensible to you guys?

R&D is already paid for.

And provisions were made for production and operational costs. Remember the financial statement?
ex-trader
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January 30, 2014, 03:28:43 PM
 #16831

I have to laugh at how easily people talk about producing, selling or deploying up to 20 PH. That's more than ENTIRE current global hash-rate.
bitfair
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January 30, 2014, 03:29:11 PM
 #16832

Now, let's piece together the information that we have and do a little light-weight analysis:

The first production run is expected to be from 2-20 PH, cost is $0.20/GH and price is $0.49-$0.99/GH. So the profit from this batch should be in the range of $580,000 and $15,800,000. At $900/XBT, that makes between XBT 644 and XBT 17,555. Counting 400k shares, the batch should then produce a profit of XBT 0.00161 and XBT 0.0438875 per share -- before subtracting R&D and operational costs.

Does that calculation look more or less sensible to you guys?

R&D is already paid for.

And provisions were made for production and operational costs. Remember the financial statement?

I was thinking more along the lines of R&D for future gen tech and other initiatives.
bitfair
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January 30, 2014, 03:30:39 PM
 #16833

I have to laugh at how easily people talk about producing, selling or deploying up to 20 PH. That's more than ENTIRE current global hash-rate.

Not by the time march comes around... Wink
empoweoqwj
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January 30, 2014, 03:30:40 PM
 #16834

So with tapeout in March, what's the earliest we could see finished chips?
Tapeout in a few days

Finished chips in march.

Just a quick explanation:

Taped out
Refers to the completion of the design of a chip. The next stage is to put it into production. The term comes from the early days when designs were transferred to the fabricator via magnetic tape.

So all the specifications you get from FC about the chip rightnow comes from simulations. There's actually still no physical chip produced so there's still a lot of things that can go wrong or be delayed. It's not until the real chip can be benchmarked that we will know for real. I would advice to be a bit cautious before buying into stocks at the current high prices.

Yep, we get there is no real chip yet, no real need to spell that out. Your "high prices" are someone elses "bargain". we'll see in March / April
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January 30, 2014, 06:14:12 PM
 #16835

Thanks for the replies; so with completed chips in March, how long to get them mounted and hashing?
Jonnybitc0in
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January 30, 2014, 08:21:14 PM
 #16836

A video from the immersion cooling center. So sexy!
http://www.youtube.com/watch?v=oZavKweMrP4
bambou
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January 30, 2014, 08:33:45 PM
 #16837

A video from the immersion cooling center. So sexy!
http://www.youtube.com/watch?v=oZavKweMrP4

i dont get it, is this immersion cooled data center we keep on seeing at every corner one of AM or some of its franchisee?

Non inultus premor
Kosmatos
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January 30, 2014, 08:46:16 PM
Last edit: January 30, 2014, 09:03:25 PM by Kosmatos
 #16838

A video from the immersion cooling center. So sexy!
http://www.youtube.com/watch?v=oZavKweMrP4

i dont get it, is this immersion cooled data center we keep on seeing at every corner one of AM or some of its franchisee?

AM seems to have used their vast cash reserves to become the first user of this new, highly efficient immersion cooling system. Combined with AM's new Gen3 chips, they'll have an extremely efficient bitcoin mining operation from the chips all the way to large scale cooling.

bambou
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January 30, 2014, 09:17:23 PM
 #16839

A video from the immersion cooling center. So sexy!
http://www.youtube.com/watch?v=oZavKweMrP4

i dont get it, is this immersion cooled data center we keep on seeing at every corner one of AM or some of its franchisee?

AM seems to have used their vast cash reserves to become the first user of this new, highly efficient immersion cooling system. Combined with AM's new Gen3 chips, they'll have an extremely efficient bitcoin mining operation from the chips all the way to large scale cooling.



yes thx i get that, but is THIS immersion cooled data center (which seems to be located in hong kong) actually one of AM with Gen1 chips running in?


Non inultus premor
shawshankinmate37927
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January 30, 2014, 09:40:02 PM
 #16840

A video from the immersion cooling center. So sexy!
http://www.youtube.com/watch?v=oZavKweMrP4

Yes, very sexy!  Now I need to go fap...

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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