Bitcoin Forum
October 20, 2019, 07:58:29 AM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 [1202] 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3899844 times)
teek
Hero Member
*****
Offline Offline

Activity: 664
Merit: 500


ASICMINER Official Canadian Distributor


View Profile
October 24, 2014, 08:10:10 PM
 #24021

i think its compressor based cooling of some kind..  kinda like industrial style portable a/c?     def not immersion cooling as someone stated.

1571558309
Hero Member
*
Offline Offline

Posts: 1571558309

View Profile Personal Message (Offline)

Ignore
1571558309
Reply with quote  #2

1571558309
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571558309
Hero Member
*
Offline Offline

Posts: 1571558309

View Profile Personal Message (Offline)

Ignore
1571558309
Reply with quote  #2

1571558309
Report to moderator
1571558309
Hero Member
*
Offline Offline

Posts: 1571558309

View Profile Personal Message (Offline)

Ignore
1571558309
Reply with quote  #2

1571558309
Report to moderator
1571558309
Hero Member
*
Offline Offline

Posts: 1571558309

View Profile Personal Message (Offline)

Ignore
1571558309
Reply with quote  #2

1571558309
Report to moderator
hdbuck
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
October 24, 2014, 08:29:15 PM
 #24022

friedcat do you feel the BE300 is already highly optimized (minus futher undervolting tests) enough to not make revisions to the chip/package etc itself?

Would you also be able to elaborate more on the operations side relating to DataTank or even AMHASH?

Any chance of an estimated date for financials?

Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
October 24, 2014, 08:39:19 PM
 #24023

Definitely nice to see an update from FC. Reading between the lines, it seems that dividends are unlikely until Spring 2015, contingent on gen 4 being profitable.

The post clearly states that there are no "liquid profits" presently due to the gen 3 issues, and that there is only a "hope" that BE200s might be put to use mining profitably before that.

I would tend to agree with that statement.  I sounds like all of the money is being used to fund gen4
jdany
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Inspired


View Profile
October 24, 2014, 09:25:48 PM
 #24024

From what I recall...

1/3 of sales would be retained for Gen4 production.
2/3 of sales would be "aggressively" paid to investors.

If AM still hasn't overcome red ink - does that mean less than 1/3 of the Gen3 chips were sold?

Plan A was sell chips to manufacturers.
But, there was less demand than expected.

Plan B was to sell what chips it could.  Start self mining.  Produce hardware.

Plan C was to sell what it could, self mine, produce products, and start a cloud mining business.

As you work your way down those plans, I can see eroding some margin, but I'm wondering what kind of profit  to expect when we flush through the rest of BE200 chips.
RoadStress
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002


View Profile
October 24, 2014, 09:31:06 PM
 #24025

I never said you were selling anything or working for SP. You made a comment regarding AM's chip efficiency, I made a comparison against the HW being sold by the vendor in you affiliate link (where i presume if you collect enough orders you get something, but that's none of my business), but you say you cannot comment...... okay  Roll Eyes

You can make any comparisons that you want. It will not change chip's efficiency!

And since you care so much about my affiliate link then you should know that I only get their standard affiliate rate which is 5%. Feel free to sign up too Smiley

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
Dexter770221
Legendary
*
Offline Offline

Activity: 1029
Merit: 1000


View Profile
October 24, 2014, 09:48:06 PM
 #24026


Plan A was sell chips to manufacturers.
But, there was less demand than expected.


I wonder why....
I was interested in sample chips since day 0... No response....
Don't expect to order milions of chips if there is so many unknows....

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
ZephramC
Sr. Member
****
Offline Offline

Activity: 475
Merit: 250



View Profile
October 24, 2014, 09:57:29 PM
 #24027

It would be nice if recent announcements from friedcat (and other official info) are linked from (updated) first thread post.
chairforce1
Sr. Member
****
Offline Offline

Activity: 317
Merit: 250


View Profile
October 24, 2014, 10:24:41 PM
 #24028

This confuses me. Can someone help me out?

The profits are kept for Prismas and BE300, as we know,there are lots of BE200 that are waiting to be produced to mining devices,and this needs money.

Does this mean the profits from these two items are kept for share holders?

Or

Does this mean the profits from these two items are kept to invest back into the company?

It would make sense that profits from the Prisma could be used to put BE200 chips into more Prismas. It does not make sense that profits from BE300 would be used for this. Therefore I would think the Prisma a signal that BE200 chips will be profitable from this point on, thus AM should start to be cash positive in the coming weeks. The selling of hardware through hosting should contribute to these profits.

RIGHT?

PS - Can the stupid pissing matches between hardware brand loyalists stop? Emotions can paint an ugly picture.

Death is nothing to us, since when we are, death has not come, and when death has come, we are not. #yolo

-Epicuru$
Blazed
Casascius Addict
Legendary
*
Offline Offline

Activity: 2072
Merit: 1111



View Profile WWW
October 24, 2014, 10:34:00 PM
 #24029

Sounds like profits are going into building more Prisma miners. Gen 3 went pretty bad in all aspects from his post. Seems pretty obvious no divs untill after gen 4 is live...assuming it doesn't turn out like gen2 and gen3.  Sounds like they have a pile of chips that may or may not be good..

I am amazed the price has not dropped yet..sell shares and buy back next year before gen 4?
chairforce1
Sr. Member
****
Offline Offline

Activity: 317
Merit: 250


View Profile
October 24, 2014, 11:08:09 PM
 #24030

I am amazed the price has not dropped yet..sell shares and buy back next year before gen 4?

It is comes down to whether you bet on black or red. If you sell out you are gambling that nothing happens before gen 4 is out. If you stay in you are gambling that some random positive event will happen.

How far do you think the price can go? What is your target buy in price?

Death is nothing to us, since when we are, death has not come, and when death has come, we are not. #yolo

-Epicuru$
arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
October 25, 2014, 12:52:55 AM
 #24031

From what I recall...

1/3 of sales would be retained for Gen4 production.
2/3 of sales would be "aggressively" paid to investors.


Friedcat has never stated that 2/3 of sales would be "aggressively" paid to investors. That was just something a board member mentioned, and now since we all took his words as FC's he barely posts anymore. Please prove me wrong, I would love to see the quote of Friedcat saying that.
arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
October 25, 2014, 12:54:16 AM
 #24032

It would be nice if recent announcements from friedcat (and other official info) are linked from (updated) first thread post.

Just look at his post history:
https://bitcointalk.org/index.php?action=profile;u=49840;sa=showPosts
jdany
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Inspired


View Profile
October 25, 2014, 01:04:38 AM
 #24033

From what I recall...

1/3 of sales would be retained for Gen4 production.
2/3 of sales would be "aggressively" paid to investors.


Friedcat has never stated that 2/3 of sales would be "aggressively" paid to investors. That was just something a board member mentioned, and now since we all took his words as FC's he barely posts anymore. Please prove me wrong, I would love to see the quote of Friedcat saying that.

I guess the "aggressively" part was added - but the 1/3 & 2/3 was the math and prediction.

-----
9) Can you please clarify this sentence from 21st April : "The dividend schedule will be aggressive, as AM will not require large sums of retained capital." < is this still actual, or meanwhile something changed?
It is still actual. The condition in May is not a part of the plan. When we were forecasted permissively about this summer's production power of the fab, we ordered as many wafers as we could to prevent the bottleneck with wafer production.
----

15) Will the funds from future Gen 3 chips be used to fund Gen 4 chips or distributed as a dividend, and what relative percentage of income will be retained for Gen 4?
Both. 1/3 as forecasted.
----
VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
October 25, 2014, 01:48:54 AM
 #24034

friedcat do you feel the BE300 is already highly optimized (minus futher undervolting tests) enough to not make revisions to the chip/package etc itself?

Would you also be able to elaborate more on the operations side relating to DataTank or even AMHASH?

Any chance of an estimated date for financials?



Not surprised one bit..
Seeing him actually post in here was as rare as watching a solar eclipse.  It came, and went.. and now it's over.  Half of us are still staring at the sun, in awe of what happened as we slowly blind ourselves into an even deeper state of stupidity.  

Meanwhile, Havelock enters the scene and is all like "omg FC talks and we crash!" as we watch about 40 shares trade hands, probably by havelock themselves.  same old story again and again.

havelock
Sr. Member
****
Offline Offline

Activity: 328
Merit: 250



View Profile WWW
October 25, 2014, 02:18:43 AM
 #24035

378 units of AM traded today. None by us!

Between the new IPO and FC plus other daily divs going out the system db became sluggish.


arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
October 25, 2014, 02:33:43 AM
 #24036

From what I recall...

1/3 of sales would be retained for Gen4 production.
2/3 of sales would be "aggressively" paid to investors.


Friedcat has never stated that 2/3 of sales would be "aggressively" paid to investors. That was just something a board member mentioned, and now since we all took his words as FC's he barely posts anymore. Please prove me wrong, I would love to see the quote of Friedcat saying that.

I guess the "aggressively" part was added - but the 1/3 & 2/3 was the math and prediction.

-----
9) Can you please clarify this sentence from 21st April : "The dividend schedule will be aggressive, as AM will not require large sums of retained capital." < is this still actual, or meanwhile something changed?
It is still actual. The condition in May is not a part of the plan. When we were forecasted permissively about this summer's production power of the fab, we ordered as many wafers as we could to prevent the bottleneck with wafer production.
----

15) Will the funds from future Gen 3 chips be used to fund Gen 4 chips or distributed as a dividend, and what relative percentage of income will be retained for Gen 4?
Both. 1/3 as forecasted.
----

Ohh ya, nice catch! I forgot about his response to that question. I guess he sorta said it then by saying that is still actual.
kingcrimson
Legendary
*
Offline Offline

Activity: 1025
Merit: 1000


View Profile
October 25, 2014, 03:23:24 AM
 #24037

The writings on the wall, there is no way in hell the stock will do anything but tank, it will offer zero value for the next 8 months. Then yet another unforeseen issue will pop up. Good luck all.
VolanicEruptor
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
October 25, 2014, 03:50:40 AM
 #24038

378 units of AM traded today. None by us!

Between the new IPO and FC plus other daily divs going out the system db became sluggish.




why don't you fix your system? every time a squirrel pisses on a twig, your server gets overloaded.  It reminds me of why i stopped playing with this garbage 6 months ago.. nobody is reliable anymore.

Puppet
Legendary
*
Offline Offline

Activity: 980
Merit: 1008


View Profile
October 25, 2014, 06:53:37 AM
Last edit: October 25, 2014, 07:39:21 AM by Puppet
 #24039

I am amazed the price has not dropped yet..

It did drop considerably, only long before you and I found out the reasons why. AM1 traded 3x higher 2 months ago.
There is no chance in hell none of the shareholders had access to much of this information through contacts with OEMs or others.
rockxie
Sr. Member
****
Offline Offline

Activity: 284
Merit: 250


View Profile
October 25, 2014, 10:32:08 AM
Last edit: October 25, 2014, 10:43:07 AM by rockxie
 #24040

The reason why we started AMHhash project is based on factors below:

For Investors:

1 Most of customers's electricity is not cheap enough for mining right now and AM find the right place to deploy.

2 Shipping to oversea from China cost too much(almost 1/4~1/3 in total).

3 Most of customers don't have enough time and technical skill to deploy large quantities miners in short time.

So buying AMHash is better than buying mining devices if you want to invest bitcoin mining industry.

For AM shareholders:

1 AM has lots of BE200s in stock,if we can't convert them to devices asap in their life time,these chips will be nothing,then it will be a big loss.Obviously,In the present case AMHash is the best choice for AM to sell large quantities chips and devices.

2 Cloud Mining is trend for bitcoin mining in future. If AMHash1 is successful, BE300 also can be benefit from this project.

3 Only if AM make profits,dividends is possible.
Pages: « 1 ... 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 [1202] 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 ... 1348 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!