ASICMINER: Entering the Future of ASIC Mining by Inventing It

[hdbuck]

How Discus Fish Became China’s Largest Bitcoin Mining Pool

http://www.coindesk.com/chinese-mining-pool-discus-fish-bitcoin/

Lemme guess... AM?!

[RoadStress]

How Discus Fish Became China’s Largest Bitcoin Mining Pool

http://www.coindesk.com/chinese-mining-pool-discus-fish-bitcoin/

Lemme guess... AM?!

AM franchises maybe...

[Franktank]

How Discus Fish Became China’s Largest Bitcoin Mining Pool

http://www.coindesk.com/chinese-mining-pool-discus-fish-bitcoin/

Lemme guess... AM?!

AM franchises maybe...

Even the Wall Street Journal is considering this rumor:

http://blogs.wsj.com/moneybeat/2014/09/19/bitbeat-more-pain-for-bitcoin-prices-are-chinese-miners-to-blame/


Excerpt: "Still, it is the China theory– and it is only a theory — that is most intriguing, in part because it explains a striking anomaly in the bitcoin system: That the summer-long price fall  has coincided with an explosion in bitcoin mining. Over the same three-month period in which the price dropped from above $600 to below $400, there has been a doubling  in the “hashrate,” a measure  of the network-wide computational power with which bitcoin miners compete to solve a mathematical puzzle and win the right to a fresh issuance of 25 new coins at 10-minute intervals. There’s an arms race going on in bitcoin mining. But that begs the question: why would anyone rush to buy mining rigs and pay for ever-greater electricity consumption when both the proportional share and value of the bitcoins you can earn are plummeting?"

[hdbuck]

How Discus Fish Became China’s Largest Bitcoin Mining Pool

http://www.coindesk.com/chinese-mining-pool-discus-fish-bitcoin/

Lemme guess... AM?!

AM franchises maybe...

Even the Wall Street Journal is considering this rumor:

http://blogs.wsj.com/moneybeat/2014/09/19/bitbeat-more-pain-for-bitcoin-prices-are-chinese-miners-to-blame/


Excerpt: "Still, it is the China theory– and it is only a theory — that is most intriguing, in part because it explains a striking anomaly in the bitcoin system: That the summer-long price fall  has coincided with an explosion in bitcoin mining. Over the same three-month period in which the price dropped from above $600 to below $400, there has been a doubling  in the “hashrate,” a measure  of the network-wide computational power with which bitcoin miners compete to solve a mathematical puzzle and win the right to a fresh issuance of 25 new coins at 10-minute intervals. There’s an arms race going on in bitcoin mining. But that begs the question: why would anyone rush to buy mining rigs and pay for ever-greater electricity consumption when both the proportional share and value of the bitcoins you can earn are plummeting?"

I like it

That could explain a lot, especially the radio silence.

[arnuschky]

How Discus Fish Became China’s Largest Bitcoin Mining Pool

http://www.coindesk.com/chinese-mining-pool-discus-fish-bitcoin/

Lemme guess... AM?!

AM franchises maybe...

Well, I wouldn't bet on that. (except that we all did, right? ) I think that many (maybe all) of the Chinese miner/chip manufacturers are in the same position as AM. Prices are down, sales are down, and there are too many manufacturers and products on the market (mining bubble, anyone?) I suspect that most of the manufacturers need to turn to self-mining, simply because that's still better than sitting on the product.

[bitcoin.newsfeed]

bitcointalk.org now blocked in China

http://www.greatfirewallofchina.org/index.php?siteurl=bitcointalk.org

so friendly environment for AM...

[BtcLtcNmc]

bitcointalk.org now blocked in China

http://www.greatfirewallofchina.org/index.php?siteurl=bitcointalk.org

so friendly environment for AM...

  It's not true! I'm from China.

[webbrowser]

I suspect that most of the manufacturers need to turn to self-mining, simply because that's still better than sitting on the product.

The question is - for how much longer?

I suspect self-mining will only really remain an option for those with market-beating power efficiency and/or a deal with high deployment/low tariff farms such as datatank.

[Whtwabbit]

What is the low voltage efficiency like on the BE200, how competitive would it be if every miner is underclocking to save power?

[sharky101]

I suspect that most of the manufacturers need to turn to self-mining, simply because that's still better than sitting on the product.

The question is - for how much longer?

I suspect self-mining will only really remain an option for those with market-beating power efficiency and/or a deal with high deployment/low tariff farms such as datatank.

I'd put money on DataTank and AM have done some kind of deal. We're now reaching the realms where efficiency is key. DataTank have the efficiency technology and AM the chip experience. Also with the uncertainties of China's stance on bitcoin in general, it's good to know that a shipping container can be relocated in a couple of days.

If friedcat is truly the business person we all expect him to be, he would have seen the mining squeeze coming and formed alliances as appropriate.

The biggest threat to AM at present is the sheer lack of shareholder confidence. In my opinion this is an easy problem to solve, it only needs a few words from friedcat little and often. I don't think shareholders are unreasonable expecting this. Friedcat doesn't need even need to divulge anything commercial sensitive. He just needs to be seen to be proactive and that his plan of action is pushing ahead.

[hdbuck]

I suspect that most of the manufacturers need to turn to self-mining, simply because that's still better than sitting on the product.

The question is - for how much longer?

I suspect self-mining will only really remain an option for those with market-beating power efficiency and/or a deal with high deployment/low tariff farms such as datatank.

I'd put money on DataTank and AM have done some kind of deal. We're now reaching the realms where efficiency is key. DataTank have the efficiency technology and AM the chip experience. Also with the uncertainties of China's stance on bitcoin in general, it's good to know that a shipping container can be relocated in a couple of days.

If friedcat is truly the business person we all expect him to be, he would have seen the mining squeeze coming and formed alliances as appropriate.

The biggest threat to AM at present is the sheer lack of shareholder confidence. In my opinion this is an easy problem to solve, it only needs a few words from friedcat little and often. I don't think shareholders are unreasonable expecting this. Friedcat doesn't need even need to divulge anything commercial sensitive. He just needs to be seen to be proactive and that his plan of action is pushing ahead.

I really hope FC pass by this and give us a free "everything is ok" hug.

[sharky101]

I suspect that most of the manufacturers need to turn to self-mining, simply because that's still better than sitting on the product.

The question is - for how much longer?

I suspect self-mining will only really remain an option for those with market-beating power efficiency and/or a deal with high deployment/low tariff farms such as datatank.

I'd put money on DataTank and AM have done some kind of deal. We're now reaching the realms where efficiency is key. DataTank have the efficiency technology and AM the chip experience. Also with the uncertainties of China's stance on bitcoin in general, it's good to know that a shipping container can be relocated in a couple of days.

If friedcat is truly the business person we all expect him to be, he would have seen the mining squeeze coming and formed alliances as appropriate.

The biggest threat to AM at present is the sheer lack of shareholder confidence. In my opinion this is an easy problem to solve, it only needs a few words from friedcat little and often. I don't think shareholders are unreasonable expecting this. Friedcat doesn't need even need to divulge anything commercial sensitive. He just needs to be seen to be proactive and that his plan of action is pushing ahead.

I really hope FC pass by this and give us a free "everything is ok" hug.

I think a dividend would say more. That said I don't expect one for a number of months (feel free to surprise us FC), there is just too much competition. If we wipe some of that competition out maybe there will become room to make some dividend spends. At present everything should be reinvested for mass gen4 production.

[silverfuture]

The biggest threat to AM at present is the sheer lack of shareholder confidence. In my opinion this is an easy problem to solve, it only needs a few words from friedcat little and often.

I don't see how shareholder confidence is a threat to the company. AM is not looking to do another IPO or asking for support from shareholders in any way so if people want to dump shares cheap it's really not a problem for anyone but the seller. Customers don't care if shareholders get fed or not and there are lots of folks who would love to get a piece of the action for cheap. We are in a big crunch, AM doesn't have to destroy all of the competition, just weed out all the weak ones and pre-order garbage out there. The new Cointerra offering is just begging to fail like so many others. Pre-orders and other garbage needs to end, but good companies running tight ships should survive the AM assault.

[vortex1878]

The biggest threat to AM at present is the sheer lack of shareholder confidence. In my opinion this is an easy problem to solve, it only needs a few words from friedcat little and often.

I don't see how shareholder confidence is a threat to the company. AM is not looking to do another IPO or asking for support from shareholders in any way so if people want to dump shares cheap it's really not a problem for anyone but the seller. Customers don't care if shareholders get fed or not and there are lots of folks who would love to get a piece of the action for cheap. We are in a big crunch, AM doesn't have to destroy all of the competition, just weed out all the weak ones and pre-order garbage out there. The new Cointerra offering is just begging to fail like so many others. Pre-orders and other garbage needs to end, but good companies running tight ships should survive the AM assault.

You are forgetting that many shareholders have been very helpful in the sales (and also this) thread - both by helping with technical problems / other requests and also silencing the trolls. And that is absolutely necessary looking at the quality of AM's sales rep.

I can only speak for myself: I have not lost any confidence in AM but I am more than annoyed with the silence. At least a free hug from time to time (w/o disclosing any info that might help competitors with their strategic decisions) would paint a completely different picture.

Imho this venture can only turn out in 2 ways for the shareholders: 0 or moon. Of course there is the 3rd possibility to get out right now. But I for myself will not. Let the ship either sink or learn flying; I will stay on board.

[superduh]

The biggest threat to AM at present is the sheer lack of shareholder confidence. In my opinion this is an easy problem to solve, it only needs a few words from friedcat little and often.

I don't see how shareholder confidence is a threat to the company. AM is not looking to do another IPO or asking for support from shareholders in any way so if people want to dump shares cheap it's really not a problem for anyone but the seller. Customers don't care if shareholders get fed or not and there are lots of folks who would love to get a piece of the action for cheap. We are in a big crunch, AM doesn't have to destroy all of the competition, just weed out all the weak ones and pre-order garbage out there. The new Cointerra offering is just begging to fail like so many others. Pre-orders and other garbage needs to end, but good companies running tight ships should survive the AM assault.

You are forgetting that many shareholders have been very helpful in the sales (and also this) thread - both by helping with technical problems / other requests and also silencing the trolls. And that is absolutely necessary looking at the quality of AM's sales rep.

I can only speak for myself: I have not lost any confidence in AM but I am more than annoyed with the silence. At least a free hug from time to time (w/o disclosing any info that might help competitors with their strategic decisions) would paint a completely different picture.

Imho this venture can only turn out in 2 ways for the shareholders: 0 or moon. Of course there is the 3rd possibility to get out right now. But I for myself will not. Let the ship either sink or learn flying; I will stay on board.

if it doesnt go to the moon and even taking into account they've paid out more than people invested in the IPO. AMs failure would be a sign that every company on the securities forum is a failure. which all have been besides AM

[silverfuture]

Agreed more communication is strongly desired and many shareholders are more than happy to lend assistance wherever needed. It's really up to Friedcat and there's not much we can do but ask and wait or sell. 

[silverfuture]

if it doesnt go to the moon and even taking into account they've paid out more than people invested in the IPO. AMs failure would be a sign that every company on the securities forum is a failure. which all have been besides AM

http://nakamotoinstitute.org/mempool/everyones-a-scammer/

[EternalWingsofGod]

 
I see we have a new blockeruptor
Its called the Prisma
https://bitcointalk.org/index.php?topic=791827.0;topicseen

[Chris_Sabian]

I see we have a new blockeruptor
Its called the Prisma
https://bitcointalk.org/index.php?topic=791827.0;topicseen

Good to see that AM and FC are still working.  Although the name of Prisma makes me think of the NSA PRISM...

[freedomno1]

I see we have a new blockeruptor
Its called the Prisma
https://bitcointalk.org/index.php?topic=791827.0;topicseen

Good to see that AM and FC are still working.  Although the name of Prisma makes me think of the NSA PRISM...

Thanks I hadn't yet thought of that one
First thing to my head was the Asicminer Plasma

__
Prisma is a satellite project led by the Swedish Space Corporation (SSC) which consist of two satellites that fly in formation.
Satellites are on the way to the moon
http://en.wikipedia.org/wiki/Prisma