ASICMINER: Entering the Future of ASIC Mining by Inventing It

[AMuppInTime]

I do not understand why friedcat did not offer a packaged item such as previously done: the Asicminer usb miners were a commercial success despite being overpriced hashing-power-wise. Antminers are easy, simple and reliable - Sexy little miners even. Meanwhile I don't get any of that for our latest miners and it worries me 

My theory: simplicity & ease of use trumps efficiency when it comes to mining market penetration - most of us would rather deal with something slightly slower if it means less tweaking to get it running. The current miners being sold have had poor reception - why not consider an overhaul?
I would love for friedcat to have one Single Product for sale to the general public ("Just Add Power^TM")- while dealing privately with commercial mining farms. I feel this would sell, like the Asicminer cube & usb miner did.

[haploid23]

I was about to buy a few of these, but I looked at both the announcement thread and the group buy thread. Price is good, but you have to factor in local shipping, self-assembly, network configuration, and at least 1 person reported hardware issues. Most importantly, it can only be used to mine on one pool, which is not only unhealthy for the overall network, but gives miners less freedom. I ultimately did not get any for these reasons.

[MilkyLep]

a 2-3 week head start.

$$$

But definitely listen to this member:

I was about to buy a few of these, but I looked at both the announcement thread and the group buy thread. Price is good, but you have to factor in local shipping, self-assembly, network configuration, and at least 1 person reported hardware issues. Most importantly, it can only be used to mine on one pool, which is not only unhealthy for the overall network, but gives miners less freedom. I ultimately did not get any for these reasons.

[aumusxou]

I was about to buy a few of these, but I looked at both the announcement thread and the group buy thread. Price is good, but you have to factor in local shipping, self-assembly, network configuration, and at least 1 person reported hardware issues. Most importantly, it can only be used to mine on one pool, which is not only unhealthy for the overall network, but gives miners less freedom. I ultimately did not get any for these reasons.

https://bitcointalk.org/index.php?topic=735728.msg8310763#msg8310763
Have you read the update for Round 2 Sales? Assembly is now free.
Do you live in China? Shipping is free to anywhere except mainland China.

Also, there are instructions there on "How to run on pools other than ghash.io and btcguild with Raspberry PI and bfgminer".

[stompysteve]

how efficient is AM's chips compare to competitors? seem a lot of grumbling about the efficiency.

the already produced equipment is sunk cost.  efficiency ensure positive cash flow (BTC in USD minus electricity price) - esp with BTC down quite a bit from the 650 level.

Not very efficient at all... 800GH tubes using 930 watts.  Bitmain and SP-Tech use well under 1 watt per GH.

Very true, their hardware (both 28nm, I believe?) are more efficient than AM's current offerings; there's no doubt about that. However, the S3 isn't available for shipping until Sept 20th and SP30/31 are in September "Batch 2." AM hardware can be obtained within a week and will have roughly a 2-3 week head start.

Well last I checked the group buy did not sell very many...and most people have issues.  As of right now you can only use them on 1 or 2 pools...

Also you can't keep ants or SP in stock for a reason.

they are now offering them preassembled

who wants to rely on preorders...

[Lohoris]

the Asicminer usb miners were a commercial success despite being overpriced hashing-power-wise

Likely because now a single chip can't mine much?

[chairforce1]

I'm going to say this again.

We can purchase many advertising spots throughout the forum if we pool BTC together. We can help the company, it is what we invested in after all. Why not try to help it as much as possible? How many shareholders are there? If everyone pooled 0.01 BTC we would have more than enough to buy out all add space on the forum. I was really hoping to get the ball rolling by purchasing dogie's add slot. Does anybody agree with this or am I crazy?

[Swordsoffreedom]

sent a PM to hl5460 asking when they were expecting to have the interview up (wasn't trying to rush them, just wanted to know if it was going to be like the bitell interview/non-interview).

Our guy just came back to the office this morning. We will rush him to produce the feedbacks.

Just curious if they got back to you yet since it's been a day kind of curious since the last few interview dates went by but no one knew where they were released from.

[drasted]

sent a PM to hl5460 asking when they were expecting to have the interview up (wasn't trying to rush them, just wanted to know if it was going to be like the bitell interview/non-interview).

Our guy just came back to the office this morning. We will rush him to produce the feedbacks.

Just curious if they got back to you yet since it's been a day kind of curious since the last few interview dates went by but no one knew where they were released from.

I haven't tried to contact them again and they haven't sent anything else to me.
Give them a couple of days to write/edit whatever. Don't know how long it normally takes.

[Nebur]

I'm going to say this again.

We can purchase many advertising spots throughout the forum if we pool BTC together. We can help the company, it is what we invested in after all. Why not try to help it as much as possible? How many shareholders are there? If everyone pooled 0.01 BTC we would have more than enough to buy out all add space on the forum. I was really hoping to get the ball rolling by purchasing dogie's add slot. Does anybody agree with this or am I crazy?

I have no problem with you purchasing advertising spots for AM (as a shareholder I even encourage you to do so), but in my opinion it's not really our job, it's the companies'.

[webbrowser]

Most importantly, it can only be used to mine on one pool,

Which pool(s) must it be used to mine on? Wouldn't this be an indication that the self-mining is proceeding with these pools?

Is this limitation because of the hardware, the controller, or ...?

[funkymunky]

Most importantly, it can only be used to mine on one pool,

Which pool(s) must it be used to mine on? Wouldn't this be an indication that the self-mining is proceeding with these pools?

Is this limitation because of the hardware, the controller, or ...?

That's a really good point!

[jjdub7]

Most importantly, it can only be used to mine on one pool,

Which pool(s) must it be used to mine on? Wouldn't this be an indication that the self-mining is proceeding with these pools?

Is this limitation because of the hardware, the controller, or ...?

That's a really good point!

Except friedcat and company most definitely know how to configure their own stratum proxy...

[Blazed]

Most importantly, it can only be used to mine on one pool,

Which pool(s) must it be used to mine on? Wouldn't this be an indication that the self-mining is proceeding with these pools?

Is this limitation because of the hardware, the controller, or ...?

ghash.io is the only pool working last I checked...the issue is the controller software sucks. 

[stompysteve]

Most importantly, it can only be used to mine on one pool,

Which pool(s) must it be used to mine on? Wouldn't this be an indication that the self-mining is proceeding with these pools?

Is this limitation because of the hardware, the controller, or ...?

That's a really good point!

Except friedcat and company most definitely know how to configure their own stratum proxy...

FC already posted a fix for this in hardware section

[shawshankinmate37927]

I'm going to say this again.

We can purchase many advertising spots throughout the forum if we pool BTC together. We can help the company, it is what we invested in after all. Why not try to help it as much as possible? How many shareholders are there? If everyone pooled 0.01 BTC we would have more than enough to buy out all add space on the forum. I was really hoping to get the ball rolling by purchasing dogie's add slot. Does anybody agree with this or am I crazy?

You're crazy.  AM has already purchased ads with dogie as well as the bitcointalk.org forum and the signature space of 30 bitcointalk.org users.

[Blazed]

Really all they need to do is get a half way decent website going to take orders...everyone knows who AM is at this point.  I see tons of signatures and random ads here already, but lack a simple way to buy gear.

[hdbuck]

Really all they need to do is get a half way decent website going to take orders...everyone knows who AM is at this point.  I see tons of signatures and random ads here already, but lack a simple way to buy gear.

I think (hope^FC) the reason AM is not so focused in distribution is because they are busy plugging in the self operations. Sales would not represent a major income stream anymore (were they anyway before?).

[chairforce1]

You're crazy.  AM has already purchased ads with dogie as well as the bitcointalk.org forum and the signature space of 30 bitcointalk.org users.

That rational just does not suffice. If enough share holders get together we could buy out all add space with only 0.01 BTC from each person. I don't see where the opposition to this is stemming from. With the start of round two it is a perfect time market aggressively. Miners are being sold fully assembled and competition is initiating the sale of preorders (SP-tech).

You must ask yourself, what is the opportunity cost of not doing this?

Given enough people participate, each share holder puts 0.01 BTC into a trusted member's escrow.

The result:

1) Greater visibility. - More products sold will directly affect your dividend.

2) If competitors are to have add space they must now pay much more since we can greatly outbid as a whole with minimal addition to each person's contribution. This increases overhead and I'm sure you can put it together from there.

3) A crowd funded marketing campaign relieves AM from paying which means less overhead. It's effectively a wash since the cost would come out of your dividends regardless.

There is power in numbers and we can use that to our advantage.

Can you please counter this?

[Dexter770221]

Do I remember correctly that user 67117 on BTCguild is ASICMINER user ID?
This user is currently mining with 277TH...