ASICMINER: Entering the Future of ASIC Mining by Inventing It

[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.

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[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...

[Chalkbot]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

[SaintFlow]

good old memory of the early days

[JimiQ84]

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

Yes, that's correct. Nice find!

[xXTMC3Xx]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

That is amazing.

[Franktank]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

That is amazing.

That's HashRatio, one of AM's largest chip buyers.

[Chalkbot]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

That is amazing.

That's HashRatio, one of AM's largest chip buyers.

It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.

[hephaist0s]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

That is amazing.

That's HashRatio, one of AM's largest chip buyers.

It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.

Holy cow.

[hdbuck]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

That is amazing.

That's HashRatio, one of AM's largest chip buyers.

It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.

Holy cow.

jee.  

some info to procrastinate:

A week after I visited the last bitcoin mine in northeast China, I was able to arrange a trip to a larger, even more secretive operation.

Each warehouse (...) around 3,000 square meters (32,000 ft2)

each warehouse took fifteen days to construct, and an additional ten days to fill up with hardware and get it all hashing away.

That’s four completed warehouses, two under construction, and two more waiting to begin construction.

The power bill alone for all of this is more than $1,000,000 USD per month.

 

please tell me AM is involved somehow.

[xXTMC3Xx]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

That is amazing.

That's HashRatio, one of AM's largest chip buyers.

It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.

Seems possible if they have the money and the work force.

[hephaist0s]

Anyone know who's miners these are?

http://www.thecoinsman.com/2014/08/bitcoin/inside-one-worlds-largest-bitcoin-mines/

That is amazing.

That's HashRatio, one of AM's largest chip buyers.

It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.

Seems possible if they have the money and the work force.

At least if it is HashRatio and they are buying chips from AM, that's the next best thing to being an AM project.

[bitsalame]

good old memory of the early days

Right now AsicMiner is in fourth place in BTCGuild.

[Chalkbot]

That's HashRatio, one of AM's largest chip buyers.

Thanks for the info Franktank. Can I ask how you know that? Also, do you know anything about how much AM hardware they have or will receive? And finally, which pool (if any) or mining address they mine for?

I don't imagine there are too many places in the world that have access to abundant electricity, and building codes that make it possible for you to plop down a new warehouse every two weeks. This means these guys are benefiting from some huge advantages in this space, making it really hard for competing operations to keep up with. I think back to all the articles I've read about so and so planning on building a mining datacenter, that will be fully operational within X months. Everyone 'oohing' and 'aahing' at their magnificence, while in the same span of time, a dozen Chinese guys built 10 of them somewhere without a peep.

[ensurance982]

I don't want to 'spoil' everyone's expectations but 277 TH/s don't seem very much today. This is <0.2% of the total network hashrate, we need to scale this up by at least 50-100 times in order to achieve the desired hash rate. But this doesn't say anything about the actual hash rate that is self-mining or mining on another pool.

[SaintFlow]

if btcguild user 67117 is still Friedcat & Team and this is all Asicminer has running we would be at
277,4 Th/s divided by total of 190520,8 Th/s = 0.00145600900269156963439162548131

OR 0,1456% of Total ....

meaning that he would have to multiply his efforts roughly 68 times to come close to his desired
10% of the network - while nobody else moves.

do you think he is on other pools, too?
does Asicminer really have what it takes to be 10% of the network?
this feet was considerably easier when you are the only cat with ASICs and the rest of the world
was still GPUs and FPGAs (and some lonely cpu botnets not being mentioned anymore).

Opinions.

EDIT adding info to hivemind
chears ensurance982

277,4 Th/s @ 0,9J/Gh/s we also consume a humble ~250 Kilowatt/s which could be done by a windturbine or ONE diesel generator 
( http://www.machinerytrader.com/list/list.aspx?Manu=CATERPILLAR&Mdltxt=250+KW )

what was the wattage of the shenzen facility?

[data]

Guys, that could be anything, but most certainly is not all of AMs hashing power. They are delivering devices with 8TH/s, so this is ~33 of them, only. Maybe burn-in?

[dhenson]

Sometimes I feel like this is a forum for toddlers.  Sorry to be disrespectful but this is just silly.

That is simply one of AM's Franchisee's.  Calm down.