ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Chris_Sabian]

Yeah but it's priced in BTC, the US$ doesn't matter in this case. Please let's not start another US$ discussion.

But it's silly to assume that share value is completely isolated from the price of bitcoin. Share price *does* fluctuate with the price of bitcoin. Why do you imagine it would be otherwise? People trade BTC and fiat too, and to do that some of them have to sell Havelock shares. And the very fact that this has come up demonstrates that it at least affects trader psychology.

Yes, of course it isn't completely isolated, especially when huge fluctuations occur.
***Chris_sabian, please don't read any further***
But it doesn't make sense to claim "but hey, it's still worth a lot more valued in US$" Because if you got off at 4 BTC and just held the BTC, you'd have 8 times of what you have now.

Let's not talk this through again, I believe these discussions are one of the most re-occurring things around here (trading, mining, securities)...

Meh.  Live and learn I suppose.  I guess that I just missed a huge investment opportunity by 9 months (IPO until summer 2013)

[1715518612]

1715518612

[gogxmagog]

any guesses as to exactly when the divs arrive?

[hdbuck]

hum considering those 3 batches, there would then be a total of 10 900 000 chips.. or 109 000 000 GH (ie. 109 PH)... in comparaison, the network is "only" 73 PH currently... WTF 



Beware the FLOOD.

[hdbuck]

any guesses as to exactly when the divs arrive?

should be around 27th of may with financial reports as Jutarul's said. but i guess you could then add 1 week or 2.. still worth waiting tho imho

[bitdude]

thank you guys for the graphs and numbers, interesting
just a pity that there is too much fud in here, i'm looking here from time to time to get some real news and its always quite a journey to go over everything here
the FriedcatSays twitter was great, but unfortunately, it is not only FC who comes with good info relevant to AM, so looking only at that is not good enough

anyway, cheers to you all 

[jimmothy]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

[Franktank]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Are there any fellow Chinese investors that could translate that for us? Thanks in advance, should you do so.

[Anotheranonlol]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

I received refund from them

[kendog77]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

[RoadStress]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

We have 1.1W/GH since Jupiters, but the price is nice. I was expecting a higher price.

[kendog77]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

We have 1.1W/GH since Jupiters, but the price is nice. I was expecting a higher price.

If the new chips really are around 1W/GH, the only advantage ASICMiner can possibly provide over the competition is a lower price, and there is already a race to the bottom on price.

I'm hardware agnostic, and must say that I'm very underwhelmed by the performance of these "next gen" chips if they really do use 1W/GH. I was expecting much better power efficiency.

Please tell me I'm wrong and the chips actually perform better than 1W/GH.

[dhenson]

Weren't the rockminer team achieving .67w/gh?

[372174788]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Are there any fellow Chinese investors that could translate that for us? Thanks in advance, should you do so.

If u r an asicminer shareholder,I think there is nothing important,but this information:the first batch of in-ten-days futures of Hashratio mining machine is almost booked up,the next is expected to be in mid-June.
BTW the first batch is 1.4-1.5P.

[romerun]

Hashratio using AM gen3 chip ?

[372174788]

Hashratio using AM gen3 chip ?

Absolutely right.

[kendog77]

Weren't the rockminer team achieving .67w/gh?

Based on this post, the ASICMiner Gen3 chips are around 1W/GH, which is nothing special. The pricing is barely competitive with current Bitmain, Coincraft clone, and Spondoolies-Tech offerings. If this is what current shareholders were banking on to lift the share price, I think you better take off the rose colored glasses and think again.

https://bitcointalk.org/index.php?topic=421921.msg6771994#msg6771994

Like I said before, I'm hardware agnostic, and am running Knc, Bitmain, and Coincraft units right now. I'm very underwhelmed by the current ASICMiner Gen3 offering and feel much better about loading up on Bitmain and Spondoolies-Tech hardware after seeing this!

[jimmothy]

Weren't the rockminer team achieving .67w/gh?

Based on this post, the ASICMiner Gen3 chips are around 1W/GH, which is nothing special. The pricing is barely competitive with current Bitmain and Spondoolies-Tech offerings. If this is what current shareholders were banking on to lift the share price, I think you better take off the rose colored glasses and think again.

https://bitcointalk.org/index.php?topic=421921.msg6771994#msg6771994

Like I said before, I'm hardware agnostic, and am running Knc, Bitmain, and Coincraft units right now. I'm very underwhelmed by the current ASICMiner Gen3 offering and feel much better about loading up on Bitmain and Spondoolies-Tech offerings after seeing this!

So $1.4/gh is "barely competitive" against $2.3/gh? (sp10/S2)

Be honest, are you really going to buy another S2/sp10 after seeing this pricing? Even the dirt cheap A1 machines look expensive now.

[kendog77]

Weren't the rockminer team achieving .67w/gh?

Based on this post, the ASICMiner Gen3 chips are around 1W/GH, which is nothing special. The pricing is barely competitive with current Bitmain and Spondoolies-Tech offerings. If this is what current shareholders were banking on to lift the share price, I think you better take off the rose colored glasses and think again.

https://bitcointalk.org/index.php?topic=421921.msg6771994#msg6771994

Like I said before, I'm hardware agnostic, and am running Knc, Bitmain, and Coincraft units right now. I'm very underwhelmed by the current ASICMiner Gen3 offering and feel much better about loading up on Bitmain and Spondoolies-Tech offerings after seeing this!

So $1.4/gh is "barely competitive" against $2.3/gh? (sp10/S2)

Be honest, are you really going to buy another S2/sp10 after seeing this pricing? Even the dirt cheap A1 machines look expensive now.

Bitmain S2s are available for $1650 right now ($1.65 per GH), and they ship on 5-25. The S2 also comes with a power supply and doesn't require a host computer, so the pricing is basically identical except I have less hassle to setup and run a S2.

[jimmothy]

Bitmain S2s are available for $1650 right now ($1.65 per GH), and they ship on 5-25. The S2 also comes with a power supply and doesn't require a host computer, so the pricing is basically identical except I have less hassle to setup and run a S2.

Even though that group buy is only for 100 units and is around 30% off bitmains price, $1.65/gh is really not even close to $1.35/gh.

[kendog77]

Bitmain S2s are available for $1650 right now ($1.65 per GH), and they ship on 5-25. The S2 also comes with a power supply and doesn't require a host computer, so the pricing is basically identical except I have less hassle to setup and run a S2.

Even though that group buy is only for 100 units and is around 30% off bitmains price, $1.65/gh is really not even close to $1.35/gh.

Where are you getting $1.35/GH?

According to this link, the price is $1.50/GH plus the cost of a power supply and rpi, plus $200 shipping, which equals between $1500-1600 for 800 GH.

https://bitcointalk.org/index.php?topic=421921.msg6771994#msg6771994