ASICMINER: Entering the Future of ASIC Mining by Inventing It

[elasticband]

They sell because they are low price...not because they are great chips.

Isn't a low price + good efficiency the definition of a good chip?

Good efficiency on the BE200 chips! Good one

SP35 YUKON POWER NOVEMBER BATCH 1
$3,920.00 / 361$ = 10.85 BTC
 Nominal Power Consumption 3500 W
Power Efficiency0.58W/GH/s

DISCLAIMER WILL SP DELIVER ON SPEC?

vs

block erupter prisma (shipping now)
1.25BTC = 1.4TH
power consumption 1050w
power efficency 0.75/GH/s
7TH = 6.25BTC . 5250w

1750w + 1TH vs 4.6BTC($1660) extra?

[Dexter770221]

I'm reading this and I don"t understand it at all. It's 1633$/day/5PH maintenance fee?
Or 1.633$/day/GH?

First looks like 10 times lower than competition, second doesn't make sense at all.

[twentyseventy]

Looks like AMHash is trading on AM's goodwill, trustworthiness and popularity, which have clearly eroded. Seems like this venture will depend in large part on PR, which is AM's Achilles heel.  I just hope FC and Co. have learned some lessons from Gen 3, and have connected the dots between poor communication and low demand.

Have to agree with you there!

[rudi]

I'm reading this and I don"t understand it at all. It's 1633$/day/5PH maintenance fee?
Or 1.633$/day/GH?

First looks like 10 times lower than competition, second doesn't make sense at all.

Yup, it's 1.633$/day/GH.
It's admittedly a bit confusing, but here dots are used as a decimal mark, like in the US.

Edit: I'm obviously wrong.

[twentyseventy]

I'm reading this and I don"t understand it at all. It's 1633$/day/5PH maintenance fee?
Or 1.633$/day/GH?

First looks like 10 times lower than competition, second doesn't make sense at all.

Yup, it's 1.633$/day/GH.
It's admittedly a bit confusing, but here dots are used as a decimal mark, like in the US.

It has to be $1,633.00 total cost per day, $1.633 per day per GH means that the maintenance fee is $1.6 per day while the cost of a GH is .00125 BTC = $0.45

[jimmothy]

I'm reading this and I don"t understand it at all. It's 1633$/day/5PH maintenance fee?
Or 1.633$/day/GH?

First looks like 10 times lower than competition, second doesn't make sense at all.

Yup, it's 1.633$/day/GH.
It's admittedly a bit confusing, but here dots are used as a decimal mark, like in the US.

No it's $1.63/TH/s daily. (website is a bit misleading)

The Havelock overview clarifies it:

The fee is 1.89*10^(-8) USD per unit per second.

Which equals $0.001633/day/GH/s

[Dexter770221]

I'm reading this and I don"t understand it at all. It's 1633$/day/5PH maintenance fee?
Or 1.633$/day/GH?

First looks like 10 times lower than competition, second doesn't make sense at all.

Yup, it's 1.633$/day/GH.
It's admittedly a bit confusing, but here dots are used as a decimal mark, like in the US.

Actually it's 1.633$/day/1TH. I needed to do some math From table:
1.25BTC price (0.00125 * 1000 GH), 588$/360 days maintenance fee = 1.633$/day/1000GH

[rudi]

Ah yes, you're right. Thanks guys!

[Bonam]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

[jimmothy]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

I'd love to know where you keep getting info that nobody could possibly know.

Is it astrology?

[Bonam]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

I'd love to know where you keep getting info that nobody could possibly know.

Is it astrology?

Dude, it's basic math. Run it through one of the bitcoin mining calculators if you want to check for yourself.

[Dexter770221]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

I'd love to know where you keep getting info that nobody could possibly know.

Is it astrology?

Dude, it's basic math. Run it through one of the bitcoin mining calculators if you want to check for yourself.

https://bitcoinwisdom.com/bitcoin/calculator

Enter:
diff inc: 5%
elec price: 0
pool fee: 0
hashrate: 1000
price: 450 (360*1.25)
power: 0
maintain cost: 49 (1.633*30)

[rudi]

This assumes btc prices stay at current levels.
If btc goes to the moon, we get a completely different story.

And if btc does not go to the moon, maybe the difficulty increments will stay low. Maybe.

[ujka]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

Start at 5%, and on that a 3% decrease every next increment. BTC always at 360, power and electricity set to $1.63 per day. Break even is August 2015:
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=35985640265&dcosts=450&diff_mincrease=5&blpbtc=25&dhsmhs=1000000&diff_mincreasedecrease=3&btcusd=360&dpowcon=850&btcusd_mincrease=0&pcost=0.08&calcweeks=40&dleadtime=1&action=calc

If BTC goes to the moon... yes, we get a completely different story.

[jimmothy]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

I'd love to know where you keep getting info that nobody could possibly know.

Is it astrology?

Dude, it's basic math. Run it through one of the bitcoin mining calculators if you want to check for yourself.

As anyone who has mined knows, calculators are absolutely terrible at predicting ROI.

Historically the best priced hardware has always been able to ROI regardless of how many people "proved" it couldn't using calculators.

[stompysteve]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

I'd love to know where you keep getting info that nobody could possibly know.

Is it astrology?

Dude, it's basic math. Run it through one of the bitcoin mining calculators if you want to check for yourself.

As anyone who has mined knows, calculators are absolutely terrible at predicting ROI.

Historically the best priced hardware has always been able to ROI regardless of how many people "proved" it couldn't using calculators.

I dont ever get the real result on what it says, at least when i was mining on gpus

[freedomno1]

Hmm AM hash 1
Well this is amusing not sure if its just AM in name lol or just it runs Asic gear
https://www.havelockinvestments.com/fund.php?symbol=AMHash1

[Chris_Sabian]

Hmm AM hash 1
Well this is amusing not sure if its just AM in name lol or just it runs Asic gear
https://www.havelockinvestments.com/fund.php?symbol=AMHash1

See the quote below from earlier today:

https://www.havelockinvestments.com/fund.php?symbol=AMHash1

The mining operation is co-sponsored by ASICMINER and ROCKMINER and listed on Havelock Investments

[Bonam]

So the AMHash shares will only ever make a profit if difficulty increments stay below ~5%. And, even if they do, the profit will be minimal compared to the cost and only achieved after 6+ months.

I'd love to know where you keep getting info that nobody could possibly know.

Is it astrology?

Dude, it's basic math. Run it through one of the bitcoin mining calculators if you want to check for yourself.

As anyone who has mined knows, calculators are absolutely terrible at predicting ROI.

Historically the best priced hardware has always been able to ROI regardless of how many people "proved" it couldn't using calculators.

Assuming you are using a calculator that isn't just wrong in the math it does, the only uncertainty that comes in is from the "difficulty increment" parameter, which is a statement about the future and obviously cannot be predicted accurately. However, you can control it in the calculator and try different values. That's why I said they will only ROI with difficulty increments less than about 5%. If you don't understand that...

[Rival]

As anyone who has mined knows, calculators are absolutely terrible at predicting ROI.

Historically the best priced hardware has always been able to ROI regardless of how many people "proved" it couldn't using calculators.

That best kept secret in mining. The second best secret is just how well you do when you sell your old equipment on the secondary market when you are done with it.

Buy a unit for $500-$600, mine a coin out of it, and then sell it for $300. Happens every single day.