ASICMINER: Entering the Future of ASIC Mining by Inventing It

[szmarco]

The 1T miner will start selling in few days.
he didn't disclose detailed information about the self-mining progress. But he said the self-mining would consist of BE200 and BE300,Maybe the be300 is the larger part.

I think main part of the 15-20% hashratio would be francising. the sold miners' hashrate is not in the 15-20%.

[KarmaShark]

So to summarize what has been discussed so far from the conference:


- ASIC MINER has a 1T Miner that will be available for sale at some point next week
- The goal for the second half of 2014 is to achieve 15-20% of the Bitcoin network
- The company hopes to resume dividends in the month of August
- Self-mining operation will include BE200 and BE300 series
- In terms of competition, the company is aiming to squeeze many of them into the negative profit territory
- A focus on information dissemination from the sales team going forward (better public relations)



** This could be subject to change or interpretation as more information from the conference flows in. Assuming the majority of the above is accurate I would say this salon was a success for the company and it's shareholders. I would like to hear more about the future of Gen4 that was discussed regarding the age of Exahash. Seems there is a lot of good news for current shareholders (Gen3) in here.

Also curious if DataTank was brought up as a current or future partner for AM mining? Thanks to everyone who was there and has brought back information here for the rest of us to consume.  

[feifa]

XBTec opens pre-orders for bitcoin miner Pacific 1570

Pacific 1570 is improved model of Pacific 1250.
During designing we found solutions how to cut power consumption and enhance chipset hash rate at the same time.
Aluminum case is more lightweight than steel one, it helps to cut expenses for shipping. Also heat sink dimensions has been optimized for better air flows and cooling efficiency.

Chipset: AM BE200
Hash rate: 1570 Gh/s
Power consumption from the wall: 1250 Watt
Power consumption per Gh: 0.8 Watt from the wall

Details
Power supply 1450Watt included.
12 PCB boards
Cooling. 3 fans on the front side
Ethernet connection
Working stand alone

Dimensions
Width: 483 mm
Height: 133 mm
Length: 370 mm
3U rack aluminum case
Weight: 13.8 kg

Price for pre-orders is 1400$ per device.
Shipping date is on August 31th


Any questions PM please.
+86-13244886411
info@xbtec.io
http://www.xbtec.io

Case photos:

High effective XBTec Pacific 1570
https://bitcointalk.org/index.php?topic=721309.msg8147311#msg8147311

[asdfghj]

Is it over?

[Lohoris]

One thing we know for sure that this announcement will do: cause havelock to go offline.

aaaaaand.... it's down.

[willBTC]

Even AM will regain the 15% hashrate percentage end of this year, the situation is totally changed campared to 2013. There are more electricity cost、management cost etc. So the net profit will be lower.

Also, in the long term, the industry profit of mining will only go lower and lower , in this point, mining profit maybe still larger than 60%, but in a free market where strong competition works  , even the industry profit 20% is still large.

So, maybe in 4 years , the industry profit will down to 10% .

That's how economic law works, even the Friedcat for president can't changed the law......

[server]

Even AM will regain the 15% hashrate percentage end of this year, the situation is totally changed campared to 2013. There are more electricity cost、management cost etc. So the net profit will be lower.

Also, in the long term, the industry profit of mining will only go lower and lower , in this point, mining profit maybe still larger than 60%, but in a free market where strong competition works  , even the industry profit 20% is still large.

So, maybe in 4 years , the industry profit will down to 10% .

That's how economic law works, even the Friedcat for president can't changed the law......

If big miners don't start to share the mining profits with the small miners/customers then it will be game over next year.

[CanaryInTheMine]

The 15% reference, is that for self mining pool or 15% of total hashing power contributed by AM BE chips?
It's isn't clearly spelled out as far as I can see

[willBTC]

The 15% reference, is that for self mining pool or 15% of total hashing power contributed by AM BE chips?
It's isn't clearly spelled out as far as I can see

self-mining and franchising.

[drasted]

What are the BE300 chips, are they the gen4 chips? Do we know anything about them yet?

[Franktank]

What are the BE300 chips, are they the gen4 chips? Do we know anything about them yet?

28nm is all friedcat said.

[KarmaShark]

.

[asdfghj]

This was interesting, haven't seen it in the thread.

be300保守说年内出。可能提前。

Translations:
be300 conservative says the year. May advance.
Be300 conservative say year out. Possible ahead of time.
300 be conservative said that during the year. May be ahead of schedule.

[Micky25]

I always thought this guy is friedcat 

[willBTC]

It appears the market reaction is very bearish on the news of the salon. AM on its way back down, 0.24BTC and falling. Fried Cat could kill off the Havelock order book by showing up and announce a monster dividend for tomorrow. That would bring us below IPO at this rate.


Cheap shares my friends.

Dividend doesn't work , only steady dividend  works.

[CanaryInTheMine]

This was interesting, haven't seen it in the thread.

be300保守说年内出。可能提前。

Translations:
be300 conservative says the year. May advance.
Be300 conservative say year out. Possible ahead of time.
300 be conservative said that during the year. May be ahead of schedule.

I think this means this year... And ahead of time could indicate October?

[KarmaShark]

I always thought this guy is friedcat 

I seem to remember an article done by someone who visited their facility in the Fall of 2013. The man pictured there was the one who did the report and posted it on the forums soon after. He was very direct about the pictures of the man being himself and no FC or other AM staff.

[server]

I always thought this guy is friedcat  

Not FC, the guy in the pic was the guy from the blog.

It appears the market reaction is very bearish on the news of the salon. AM on its way back down, 0.24BTC and falling. Fried Cat could kill off the Havelock order book by showing up and announce a monster dividend for tomorrow. That would bring us below IPO at this rate.


Cheap shares my friends.

Dividend doesn't work , only steady dividend  works.

+1 steady, small (or large ) and continuing...

[KarmaShark]

I always thought this guy is friedcat  

Not FC, the guy in the pic was the guy from the blog.

It appears the market reaction is very bearish on the news of the salon. AM on its way back down, 0.24BTC and falling. Fried Cat could kill off the Havelock order book by showing up and announce a monster dividend for tomorrow. That would bring us below IPO at this rate.


Cheap shares my friends.

Dividend doesn't work , only steady dividend  works.

+1 steady, small (or large ) and continuing...

Patience padawan...


FC has already stated we are going to self-mining en masse. He also previously stated that dividends would eventually revert from monthly to weekly once the mining operation was running. Now we hear he hopes to start paying a dividend this month. So they will be consistent, the question is how big of a dividend will they be? Well, at least 60PH of hashrate worth, and possibly more.

There is the spectre of Gen4 coming out much sooner than everyone has anticipated. We may mine with Gen3 until early 2015 and then dominate the 28nm scene when Gen4 is unleashed. After this long a wait, the strong hands are happy to sit back for another few weeks to a month. The cheaper the share price goes, the bigger the profit for the strong hands.

[Micky25]

I always thought this guy is friedcat  

Not FC, the guy in the pic was the guy from the blog.

When I look in his face it shows me: "I'm the proud owner of all this."

And after the picture went public by accident, FC told the blogger to make up a story.

But don't listen to me, I'm only an old fart and conspiracy theorist