minerpumpkin
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June 15, 2014, 10:49:25 PM |
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If this was a bar, I'd expect a decent fight to break out any minute... geez...
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I should have gotten into Bitcoin back in 1992...
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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June 15, 2014, 10:50:22 PM |
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We'll take dividends any way we can get them. Also on the plus side, DataTank will be able to buy the chips with BTC instead of fiat. ^ THIS. now calm down, errbody cool. this is AM's official thread.
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necro_nemesis
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June 15, 2014, 10:57:00 PM |
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I used to feel there was more in building mining equipment then mining but I've since revised that to there's more in obtaining crowdfunding and pre-order money.
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Satan666
Full Member
Offline
Activity: 123
Merit: 100
The love of fiat is the root of all good
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June 15, 2014, 11:04:07 PM |
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Spongebobtech had to crowdfund via non-refundable preorders just to build something like half that amount even though they didn't lack the capital.
I thought their operation was funded with VC, eliminating the need for pre-orders.
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jimmothy
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June 15, 2014, 11:09:52 PM |
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Spongebobtech had to crowdfund via non-refundable preorders just to build something like half that amount even though they didn't lack the capital.
I thought their operation was funded with VC, eliminating the need for pre-orders. Yes, they are fully funded yet they still choose to go with non-refundable preorders and are admittedly using the money to build the asics.
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RoadStress
Legendary
Offline
Activity: 1904
Merit: 1007
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June 15, 2014, 11:27:11 PM |
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Is 60P worth of wafers not healthy?
Of course it's not healthy if they won't sell. Spongebobtech had to crowdfund via non-refundable preorders just to build something like half that amount even though they didn't lack the capital.
I thought their operation was funded with VC, eliminating the need for pre-orders. Yes, they are fully funded yet they still choose to go with non-refundable preorders and are admittedly using the money to build the asics. The company ran 9 months without taking any money and they got the SP10 miner in the market without the need for pre-orders. Not something that AM did anyway. Enjoy your non-existing dividends blind shareholders.
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Satan666
Full Member
Offline
Activity: 123
Merit: 100
The love of fiat is the root of all good
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June 15, 2014, 11:40:09 PM |
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Spongebobtech had to crowdfund via non-refundable preorders just to build something like half that amount even though they didn't lack the capital.
I thought their operation was funded with VC, eliminating the need for pre-orders. Yes, they are fully funded yet they still choose to go with non-refundable preorders and are admittedly using the money to build the asics. All of the risk to the customers and all of the reward to the hedge fund. Now that's my kind of operation! How do I get in on that action?
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raskul
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June 15, 2014, 11:42:46 PM |
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Spongebobtech had to crowdfund via non-refundable preorders just to build something like half that amount even though they didn't lack the capital.
I thought their operation was funded with VC, eliminating the need for pre-orders. Yes, they are fully funded yet they still choose to go with non-refundable preorders and are admittedly using the money to build the asics. All of the risk to the customers and all of the reward to the hedge fund. Now that's my kind of operation! How do I get in on that action? http://sbinformation.about.com/od/bizopportunities/a/startup101.htmyou're welcome.
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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jimmothy
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June 15, 2014, 11:45:08 PM Last edit: June 15, 2014, 11:59:01 PM by jimmothy |
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Is 60P worth of wafers not healthy?
Of course it's not healthy if they won't sell. How do you presume FC bought 60P worth of wafers if the chips were not selling? They will sell as long as it remains the best deal. Spongebobtech had to crowdfund via non-refundable preorders just to build something like half that amount even though they didn't lack the capital.
I thought their operation was funded with VC, eliminating the need for pre-orders. Yes, they are fully funded yet they still choose to go with non-refundable preorders and are admittedly using the money to build the asics. The company ran 9 months without taking any money and they got the SP10 miner in the market without the need for pre-orders. Not something that AM did anyway. Enjoy your non-existing dividends blind shareholders. So it's completely acceptable to take preorders because you sold in stock built to order hardware? Regardless of whether the investments were private or not, the company did not run 9 months with no funding. But yes you are right AM did not take 9 months to produce working hardware. They did it in only 6. Both AM and spongebobtech used VC to produce and sell hardware. But only spongebobtech is crowdfunding via non-refundable preorders.
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Satan666
Full Member
Offline
Activity: 123
Merit: 100
The love of fiat is the root of all good
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June 15, 2014, 11:55:48 PM |
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Thanks, but how does that help me fund a venture that shifts all of the risk to its customers?
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bitsalame
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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June 15, 2014, 11:58:54 PM |
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Please stop feeding the trolls. Ignore them as soon as you see them, and especially stop quoting them.
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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June 15, 2014, 11:59:33 PM |
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Is 60P worth of wafers not healthy?
Of course it's not healthy if they won't sell. Why on earth wouldn't the most efficient ASIC available today not sell?
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RoadStress
Legendary
Offline
Activity: 1904
Merit: 1007
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June 16, 2014, 12:06:05 AM |
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Is 60P worth of wafers not healthy?
Of course it's not healthy if they won't sell. Why on earth wouldn't the most efficient ASIC available today not sell? You are either uninformed or just trolling here. How can a chip that does 1.1W/Gh be the most efficient ASIC available? In one month we will have 0.5W/GH miners while you are waiting to sell last year power efficiency chips. I have 1.1W/Gh since October from my Jupiters. Buying the same performance in June/July this year would be the equivalent of shooting myself in the foot.
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itamidensha
Member
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Activity: 75
Merit: 10
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June 16, 2014, 12:13:32 AM |
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available today
In one month we will have
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1Bs49wsYJLUP9Xcj5hPKcvub9vUAe2GF1F
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jimmothy
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June 16, 2014, 12:16:23 AM |
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In one month we will have 0.5W/GH miners while you are waiting to sell last year power efficiency chips.
You know that 0.5w/gh at the wall is last years performance right? Bitfury 55nm chips could go as low as 0.38w/gh or about 0.5w/gh at the wall.
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JoTheKhan
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June 16, 2014, 12:23:53 AM |
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Is 60P worth of wafers not healthy?
Of course it's not healthy if they won't sell. Why on earth wouldn't the most efficient ASIC available today not sell? You are either uninformed or just trolling here. How can a chip that does 1.1W/Gh be the most efficient ASIC available? In one month we will have 0.5W/GH miners while you are waiting to sell last year power efficiency chips. I have 1.1W/Gh since October from my Jupiters. Buying the same performance in June/July this year would be the equivalent of shooting myself in the foot. The great thing is that they don't have to be the most efficient to sell. Notice the RBOX's are selling.. What??? They aren't the most efficient and really won't even ROI. But.. How is it that people are buying them? Maybe your assumption that only the best can survive, or even thrive in this business is wrong.
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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June 16, 2014, 12:30:27 AM |
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Is 60P worth of wafers not healthy?
Of course it's not healthy if they won't sell. Why on earth wouldn't the most efficient ASIC available today not sell? You are either uninformed or just trolling here. How can a chip that does 1.1W/Gh be the most efficient ASIC available? In one month we will have 0.5W/GH miners while you are waiting to sell last year power efficiency chips. I have 1.1W/Gh since October from my Jupiters. Buying the same performance in June/July this year would be the equivalent of shooting myself in the foot. Unlike you, I'm neither. The chip is not 1.1 J/Gh, some miners using the chip are. ASIC != miner. AM does not sell miners, it sell chips. AM BE200 ASIC - 0.554 J/GH @ 11.52 GH/s Spondoolies Hammer ASIC - 0.58 J/Gh @ 7.5 Gh/s
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RoadStress
Legendary
Offline
Activity: 1904
Merit: 1007
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June 16, 2014, 01:09:09 AM |
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In one month we will have 0.5W/GH miners while you are waiting to sell last year power efficiency chips.
You know that 0.5w/gh at the wall is last years performance right? Bitfury 55nm chips could go as low as 0.38w/gh or about 0.5w/gh at the wall. I know, but bitfury lacked the density. The great thing is that they don't have to be the most efficient to sell. Notice the RBOX's are selling.. What??? They aren't the most efficient and really won't even ROI. But.. How is it that people are buying them? Maybe your assumption that only the best can survive, or even thrive in this business is wrong.
The 32Gh/s units are selling? Ok, let me know when you sold all your 60PH worth of chips, not a couple of units. Unlike you, I'm neither. The chip is not 1.1 J/Gh, some miners using the chip are. ASIC != miner. AM does not sell miners, it sell chips.
AM BE200 ASIC - 0.554 J/GH @ 11.52 GH/s Spondoolies Hammer ASIC - 0.58 J/Gh @ 7.5 Gh/s
Ok, but what's the use of that chip if the whole system needs ~1.1W/Gh. The SP10 is 0.85W/Gh for the whole system. Show me one AM BE200 miner with less than 1W/Gh.
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kingcrimson
Legendary
Offline
Activity: 1025
Merit: 1000
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June 16, 2014, 01:33:23 AM |
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anyone get their direct shares transferred to havelock? Been waiting a long time
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bitasset
Newbie
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Activity: 24
Merit: 0
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June 16, 2014, 01:52:25 AM |
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anyone get their direct shares transferred to havelock? Been waiting a long time
I waited 12 days, finally my shares transftered to havelock
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