ASICMINER: Entering the Future of ASIC Mining by Inventing It

[willBTC]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

[raskul]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

div's in 3 days then ? 

[minerpumpkin]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

If true (proof? and when did he reply?) this would indicate he has no problems of selling gen 3, which is excellent. Mining is good, but if selling the chips is possible, this is even better.

[binaryFate]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

If true (proof? and when did he reply?) this would indicate he has no problems of selling gen 3, which is excellent. Mining is good, but if selling the chips is possible, this is even better.

Glad to hear about decentralizing out of China/HK too.

[willBTC]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

If true (proof? and when did he reply?) this would indicate he has no problems of selling gen 3, which is excellent. Mining is good, but if selling the chips is possible, this is even better.

Glad to hear about decentralizing out of China/HK too.

But why Canada or North Europe?

[cderong]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

If true (proof? and when did he reply?) this would indicate he has no problems of selling gen 3, which is excellent. Mining is good, but if selling the chips is possible, this is even better.

Glad to hear about decentralizing out of China/HK too.

But why Canada or North Europe?

Cold there.

[bitsalame]

It is not Spoondolies vs. AM.
It is Spondoolies against all AM partners out there inundating the market with AM hardware.

Actually, most asic vendor are also selling bare chips.
Cointerra, Spoonsomething, Bitfury, HF Bitmine, ..

They may not focus on it (yet) like AM does, but AM's business model is hardly unique.

The difference is the scale and afaik, none of the rest are actually supplying independent retailers, but private farmers.
So to put it simple, the rest are supplying chips to big customers.
AM will be supplying their big customer's customer, each sold through their own respective sales and marketing team. The potential for growth is exponential.

[minerpumpkin]

Friedcat has replied to me by e-mail that he has the future plan  for self-mining when the chip sales is no more that profitable , and the mining farm may be located in Canada or North Europe.

If true (proof? and when did he reply?) this would indicate he has no problems of selling gen 3, which is excellent. Mining is good, but if selling the chips is possible, this is even better.

Glad to hear about decentralizing out of China/HK too.

But why Canada or North Europe?

In certain areas the electricity is practically for free

[Puppet]

The difference is the scale and afaik, none of the rest are actually supplying independent retailers, but private farmers.

Plenty of chinese vendors selling Bitmine based miners:
http://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&SearchText=coincraft

In fact, far more than you can find asicminer based products right now.

A couple of vendors like VMC are selling Hasfast based miners, plenty of re-sellers selling Bitfury gear, and lets not forget like I did, Avalon.

AM announced scale is indeed fairly impressive, but then we dont know what the competition has in store. Moreover, my point was merely that the business model is far from unique.

[101111]

But why Canada or North Europe?

As well as lower electricity tariffs, there's also less sovereign risk.

[101111]

Miners: The Gathering. http://www.bitell.com/t/2157

[Puppet]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

[_mr_e]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

[novusordo]

Miners: The Gathering. http://www.bitell.com/t/2157

It's enlightening to watch as a new industry is born.

[Anotheranonlol]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

In this meeting, some topics covered: energy costs, (ways to decrease) subsidy (suggestion there is already talk with some "more official" bodys interest with mining). partnerships with mainland exchanges, partnership with foreign exchanges. (in talk with bitfinex etc), start of OEM service

more tidbits;
avalon taping out 28nm miner, apparently researching 16nm for future 
bitmain s3 complete by july
asicminer, capacity for 30p wafer month.

participants come to agreement about hosted mining having big future

[willBTC]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

[novusordo]

Rather ironic that the US has been heralded as the breeding ground for new technology, what with Silicon Valley and all, yet living in the US is actually a huge disadvantage for any entrepreneur who wants to be part of one of the most important technological advancements ever.

[Anotheranonlol]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

look here

http://yixia.com/show/1SpFGnAMxxxFGXG5l0uSwg__.htm

[mikemikemike]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

Dude, sorry, who are you and where are you getting your information from? I just don't know whether to take you seriously or not. It's nothing personal.

Thanks.

[willBTC]

Miners: The Gathering. http://www.bitell.com/t/2157

I was wondering when that was going to happen. Miner OEMs colluding to fix prices and slow the price erosion.
Since mining is a zero sum game, it pays off for them to work together to limit overall supply. Like OPEC for the bicoin mining industry .

All it takes is one to break from the group...

As I know, Friedcat didn't attend the gathering.

Dude, sorry, who are you and where are you getting your information from? I just don't know whether to take you seriously or not. It's nothing personal.

Thanks.

I am from China, and I got the information by chatting with guys who is famous in "Bitcoin world" in China.