ASICMINER: Entering the Future of ASIC Mining by Inventing It

[lophie]

AM1    ฿0.1841    ฿4843    1.84%


now come on! 

[jjdub7]

AM1    ฿0.1841    ฿4843    1.84%


now come on! 

Lol looks like someone was about to miss rent this month...

[freedomno1]

Bitmains new 28nm chip announcement: https://bitcointalk.org/index.php?topic=656461

Looks decent. Quite a bit less efficient than I expected but much sooner.

The mining sphere is competitive
Anyways thanks for sharing looks like something that is worth keeping tabs on
Rockminer Antminer Datatank AM chips etc.

AM1    ฿0.1841    ฿4843    1.84%


now come on!  

I feel ya.

[dhenson]

AM1    ฿0.1841    ฿4843    1.84%


now come on!  

Lol, someone sells 13 shares for like 2.5 btc and 180k shares lose 10% of their value (roughly 10 Million USD)?  

Edit... I just bought one share at .2189 and made back that $10 million for you guys.  your welcome.

ridiculous.

Symbol   AM1   Last Price   ฿0.21887949   Market Cap   ฿5758.06

[sharky101]

Surely Friedcat has managed get us a revenue share into the DataTank operation?

[aahzmundus]

Lol, someone sells 13 shares for like 2.5 btc and 180k shares lose 10% of their value (roughly 10 Million USD)?

Edit... I just bought one share at .2189 and made back that $10 million for you guys.  your welcome.

ridiculous.

Symbol   AM1   Last Price   ฿0.21887949   Market Cap   ฿5758.06

Liquidity is at all time lows, what is this a sign of?  Is it that all the shares are in strong hands?  Is it that people do not trust Havelock? Are people just holding onto shares for the next dividend, and then market orders will go up?  Is it something I can not think of?

I almost wonder if someone is playing with Havelock prices and then pointing to that share price while they make larger off market Direct share purchases...

[dhenson]

If each of the long holders would commit to purchasing 1 share per day or week or whatever, then the stock price would rebound... but then again, that would be no better gauge of the actual market value of the asset then we have now.

[sharky101]

Lol, someone sells 13 shares for like 2.5 btc and 180k shares lose 10% of their value (roughly 10 Million USD)?

Edit... I just bought one share at .2189 and made back that $10 million for you guys.  your welcome.

ridiculous.

Symbol   AM1   Last Price   ฿0.21887949   Market Cap   ฿5758.06

Liquidity is at all time lows, what is this a sign of?  Is it that all the shares are in strong hands?  Is it that people do not trust Havelock? Are people just holding onto shares for the next dividend, and then market orders will go up?  Is it something I can not think of?

I almost wonder if someone is playing with Havelock prices and then pointing to that share price while they make larger off market Direct share purchases...

We really should be moving away from Havelock.  I don't understand why the DataTank IPO is also going to be on havelock. Bitcoin is all about decentralisation, if havelock hosts the majority of every security IPO we're increasing making ourselves the bigger target for fraud, hackers, government enforcement etc. Decentralise and disintermediate, removes the problem surely a bitcoin 2.0 counterparty etc can pick up the slack?

[chriswilmer]

Lol, someone sells 13 shares for like 2.5 btc and 180k shares lose 10% of their value (roughly 10 Million USD)?

Edit... I just bought one share at .2189 and made back that $10 million for you guys.  your welcome.

ridiculous.

Symbol   AM1   Last Price   ฿0.21887949   Market Cap   ฿5758.06

Liquidity is at all time lows, what is this a sign of?  Is it that all the shares are in strong hands?  Is it that people do not trust Havelock? Are people just holding onto shares for the next dividend, and then market orders will go up?  Is it something I can not think of?

I almost wonder if someone is playing with Havelock prices and then pointing to that share price while they make larger off market Direct share purchases...

We really should be moving away from Havelock.  I don't understand why the DataTank IPO is also going to be on havelock. Bitcoin is all about decentralisation, if havelock hosts the majority of every security IPO we're increasing making ourselves the bigger target for fraud, hackers, government enforcement etc. Decentralise and disintermediate, removes the problem surely a bitcoin 2.0 counterparty etc can pick up the slack?

Don't know about you guys... but when I tried using colored coins with Coinprism, I found it to be a pretty seamless experience. If I started a Bitcoin company today, I would definitely issue shares using colored coins. (mind you that only decentralizes the task of keeping track of share ownership, you would still need centralized market places for trading, but the overall risk would be much lower)

[aahzmundus]

If each of the long holders would commit to purchasing 1 share per day or week or whatever, then the stock price would rebound... but then again, that would be no better gauge of the actual market value of the asset then we have now.

Back on BCTC, I did 100% dividend reinvestment... I have always wondered why HL did not have that option (unless they do and I do not see it).  I suppose the lack of dividends to re-invest could be a major cause of the low price.  I sell a few shares now and then to diversify into other holdings, like I may do with DataTank, and without Dividend reinvestment, I am not buying those shares back.

[necro_nemesis]

Bitmains new 28nm chip announcement: https://bitcointalk.org/index.php?topic=656461

Looks decent. Quite a bit less efficient than I expected but much sooner.

I perceive the chart they posted as very telling of how they operate through thier efforts of forecasting profitability. As I stated before system pricing is set as a function of offering just enough incentive to buy. Bitmain has continually carefully price adjusted to changing market conditions and watching the history of the S1's pricing gave insight into just how much margin there initially was and how inexpensively it could be manufactured. The take away is mining equipment is only as competitive and lucrative as the manufacturers make it and miners accept all risk of the network expanding more quickly than before. As more of these large mining operations come online that risk of more rapidly increasing becomes higher. I would prefer to be on the side of people that control this situation than out on my own at the mercy of the situation.

[Evolyn]

I'm a bit confused. I was read the term 80/20 and franchising several times now. Will the container or 'tanks' just be sold or only sold for franchising?

[RoadStress]

They have a goal of 5 1.4mw containers and up to 10.

That would be 10-20ph worth of chips.

Also they somehow managed to get electricity costs all the way down to $0.02/kwh which is perfect for franchising. I'm hoping for at least 10-20ph.

20PH=0.35W/GH. How did you get this number? Has it been proven in a DataTank environment?

[jimmothy]

They have a goal of 5 1.4mw containers and up to 10.

That would be 10-20ph worth of chips.

Also they somehow managed to get electricity costs all the way down to $0.02/kwh which is perfect for franchising. I'm hoping for at least 10-20ph.

20PH=0.35W/GH. How did you get this number? Has it been proven in a DataTank environment?

I misspoke it should be 1.2MW/container.

20PH at 12MW is 0.6w/gh and yes it has been tested.

[CanaryInTheMine]

Bitmains new 28nm chip announcement: https://bitcointalk.org/index.php?topic=656461

Looks decent. Quite a bit less efficient than I expected but much sooner.

friedcat should seriously consider manufacturing the X24 boxes to counter bitmain.  he can have an order of X24s going within days at a factory...  waiting for other manufacturers only gives more time to AM competition to make and sell their wares

[RoadStress]

They have a goal of 5 1.4mw containers and up to 10.

That would be 10-20ph worth of chips.

Also they somehow managed to get electricity costs all the way down to $0.02/kwh which is perfect for franchising. I'm hoping for at least 10-20ph.

20PH=0.35W/GH. How did you get this number? Has it been proven in a DataTank environment?

I misspoke it should be 1.2MW/container.

20PH at 12MW is 0.6w/gh and yes it has been tested.

Well that only means that you could fit 30PH which is 50% more hashrate using SP30 chips.

[aahzmundus]

Anyone have a good quick comparison chart of current mining ASIC's or fully assembled hardware on offer?  I am curious to see how AM offers stand up.  I know people like Jimmothy and Canary follow all that news far closer, where as I barely find time to keep up with this thread and reddit.

[necro_nemesis]

Bitmains new 28nm chip announcement: https://bitcointalk.org/index.php?topic=656461

Looks decent. Quite a bit less efficient than I expected but much sooner.

friedcat should seriously consider manufacturing the X24 boxes to counter bitmain.  he can have an order of X24s going within days at a factory...  waiting for other manufacturers only gives more time to AM competition to make and sell their wares

Having full control over pricing product will allow them to compete with Bitmain's "spot price" approach. Bitmain has been successful through rapidly adjusting price to market conditions by providing a total solution. Although ASIC sales may mean greater initial margins it may not result in the volume at which profitability is optimized. The problem is you immediately compete with the companies you supply and those appear to be significant.

[irritant]

Anyone have a good quick comparison chart of current mining ASIC's or fully assembled hardware on offer?  I am curious to see how AM offers stand up.  I know people like Jimmothy and Canary follow all that news far closer, where as I barely find time to keep up with this thread and reddit.

https://bitcointalk.org/index.php?topic=456691.0 ?

[aahzmundus]

https://bitcointalk.org/index.php?topic=456691.0 ?

Definitely a step in the right direction to what I was looking for.  I more care about j/GH and chip cost, but now I at least have a good page with links to relevant posts.