ASICMINER: Entering the Future of ASIC Mining by Inventing It

[necro_nemesis]

Many thanks. I am delighted to see a plan for Gen 4 is already underway and AM's interests in building a sustainable future.

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[Chris_Sabian]

Lots of text

Thanks for the report.  Always good to read your write-up

[kololo]

Also, we plan to increase the center pad size to at least 7mmx7mm,

Any ideas what this means? What does the center pad do, why and how will it be increased in size?

Improved heat transfer from chip to PCB.

Some info on the QFN package and board mounting of a QFN packaged chip.
http://www.atmel.com/images/doc8583.pdf

Does this mean that AM implicitly acknowledged that power consumption is greater than expected?

I think you are right.

[jimmothy]

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

100Ph at $0.5 profit per gh = $50,000,000 or 100,000 btc

100,000/400,000 = 0.25 btc per share. Not bad.

[Franktank]

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

100Ph at $0.5 profit per gh = $50,000,000 or 100,000 btc

100,000/400,000 = 0.25 btc per share. Not bad.

That's under the assumption if they sold ALL the chips, which is not going to be the case. There's going to be at least 3 PH/s for mining in the datacenter, plus whatever is used for decentralized mining.

Unless I misread something, of course.

[neilol-real]

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

100Ph at $0.5 profit per gh = $50,000,000 or 100,000 btc

100,000/400,000 = 0.25 btc per share. Not bad.

Where are we assuming $0.5 profit per GH - constant over the life of the generation?

[jimmothy]

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

100Ph at $0.5 profit per gh = $50,000,000 or 100,000 btc

100,000/400,000 = 0.25 btc per share. Not bad.

Where are we assuming $0.5 profit per GH - constant over the life of the generation?

Profit per gh is $0.25-0.75. I assume it will be nearer to the higher end during the first 3 months.

[Chris_Sabian]

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

100Ph at $0.5 profit per gh = $50,000,000 or 100,000 btc

100,000/400,000 = 0.25 btc per share. Not bad.

And that assumes that the bitcoin / $ is constant.

[Franktank]

1) What is the status, size, and expected delivery of the next batch of chips? What about the one after that?
re 1) This month: 850k, next month: 3.35m (order size), June: 6.7m (order size), assuming each chip is 10G.

100Ph at $0.5 profit per gh = $50,000,000 or 100,000 btc

100,000/400,000 = 0.25 btc per share. Not bad.

And that assumes that the bitcoin / $ is constant.

And assuming that ASICMiner decides to just stop ordering chips after June.

[ThunderSheep]

Thank you Jutarul.  I am pleased with this news.  I suspect anyone who acquired shares around 0.3 is doing a bit of a happy dance.

http://www.youtube.com/watch?v=GfPg5LjGYz8

[chairforce1]

Excellent update, great news. Thanks

[Franktank]

i am missing dividends for all of april, is that correct for everyone?!? or did something happen?! (direct shares)

The last dividend distributed was on March 30th. As for updates, read Jutarul's latest post.

[superduh]

i am missing dividends for all of april, is that correct for everyone?!? or did something happen?! (direct shares)

The last dividend distributed was on March 30th. As for updates, read Jutarul's latest post.

haha thanks, AM really needs at least a blog or something. would save people like me a panic attack.

[aahzmundus]

Disappointed in the non answer to question 7, but overall happy.  Thank you jutarul for keeping the little guy informed.

[cs54]

Seems like we're in for some stormy weather on Havelock :/

[JoTheKhan]

FC plans to maintain a farm at max of 3PH?

[Jutarul]

Disappointed in the non answer to question 7, but overall happy.  Thank you jutarul for keeping the little guy informed.

If there are follow up questions or unsatisfactory answers I encourage to resubmit more specific questions. I have no control over either questions nor answers.

In this particular case I guess you're asking whether AM is invested in Allied Control or owns their technology. To my latest knowledge Allied Control is an independent entity with no profit sharing mechanism with AM, other than AM retaining profit rights on the mining chips. As such, bundled products sold by Allied Control (container+hashing tech) will both create a revenue stream for Allied Control and AM.

I hope that answers the question somewhat.

[willBTC]

Seems like we're in for some stormy weather on Havelock :/

I can't understand why people dump the shares on havelock .

[101111]

Fabulous news, thanks.

[necro_nemesis]

Would like to know when we could realistically see PR in a more persistent form.

Also offer up a suggestion to improve brand recognition, product loyalty and revenue. It appears there is enough C of G again to independently mine. What I suggest is providing a pool in association with AM's efforts as there will be sufficient power to jump start a pool. Mining still remains apportioned to contributions but it's a source of a potential 2% on the increased size of the network of which AM will contribute.