ASICMINER: Entering the Future of ASIC Mining by Inventing It

[benm]

AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.

Do you think AM self mining is bigger or smaller than KnC farm?

Remember the good old days where you could just go to blockchain.info/pools and see the AM's share of the network? And from that, infer the actual hashing power? I wish ASICMINER had a bit more transparency, at least about what is actually going on, how much hashing power is deployed, etc.

[TheFuneral]

Okay so, how did this get derailed to a thread about Scotland? Had to double-check if I this is the right thread. Anyways: What's up on Havelock? Insane amount of bids and some distinct upward-pressure going on. Anything that I've missed?

1000 share wall at .09

Yeah that's basically what was puzzling me. Where did this wall come from? But I guess no one knows jack - as always Would be great if this was some board member who is confident enough to buy back some of their shares they may have sold in an attempt to hedge for potentially worse times.

Yes, it could be. Some of us may just have grown tired of seeking out holders on the forums in private deals for large lots of shares. This way the order can be filled from the 31k shares on AM1, a relatively easier method than working private messages back and forth. The order will be filled, I am sure.  

I imagine it's artificial to drive up the price, but well see how long it's there for. The market can't support a 100BTC buy order so anyone with that money would naturally do 10btc a day or so not all at once.

[jjdub7]

AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.

Do you think AM self mining is bigger or smaller than KnC farm?

No idea.

Here's some info for you though. 1700 AMHash shares are equivalent to running an SP20 with electricity costs of 0.1 $/kWh, only they cost less than half the price of an SP20 and there's simply no hassle.

Do you think SP20's are terrible value given the above info? Do you think Spondoolies' are ripping off their customers by not offering competitive products?

No, Spondoolies is free to charge whatever prices they want.  I think people who buy their products are idiots (looking at you, RoadStress - remember to check your fire extinguisher).

[gogxmagog]

I never got my sig campaign money for October. Did everyone else get paid? I'm supposed to get paid on the 5th and no replies to the PMs I sent. I'm wondering what is going on?

[klondike_bar]

I never got my sig campaign money for October. Did everyone else get paid? I'm supposed to get paid on the 5th and no replies to the PMs I sent. I'm wondering what is going on?

maybe because everyone is getting sick of users whoring out themselves for pennies in advertising money? Everyone knows about the prisma - If anything ill avoid buying it because of the 5+ ads for it i see in every page of every thread recently.

not to mention actual reviews indicate an unreliable unit with RPI issues

[jjdub7]

Havelock - this is rather minor, but if you're paying attention, could you correct the ASICMINER market cap to be price*400,000 instead of price*shares on the exchange?  Quickie one-line edit, keeps the funds page looking sharp.  Additionally, correcting the yields would be cool too (move it from an annualized model to a MA YTD or something less ambiguous).

[stompysteve]

I never got my sig campaign money for October. Did everyone else get paid? I'm supposed to get paid on the 5th and no replies to the PMs I sent. I'm wondering what is going on?

maybe because everyone is getting sick of users whoring out themselves for pennies in advertising money? Everyone knows about the prisma - If anything ill avoid buying it because of the 5+ ads for it i see in every page of every thread recently.

not to mention actual reviews indicate an unreliable unit with RPI issues

Check op main post see if your add is there everyone should have already been paid

Edit; I'm drunk you had less then 50 posts in a month?

[gogxmagog]

I never got my sig campaign money for October. Did everyone else get paid? I'm supposed to get paid on the 5th and no replies to the PMs I sent. I'm wondering what is going on?

maybe because everyone is getting sick of users whoring out themselves for pennies in advertising money? Everyone knows about the prisma - If anything ill avoid buying it because of the 5+ ads for it i see in every page of every thread recently.

not to mention actual reviews indicate an unreliable unit with RPI issues

Check op main post see if your add is there everyone should have already been paid

Edit; I'm drunk you had less then 50 posts in a month?

Im still on the list in the original thread. I posted over 60x between oct 5 and nov 5. 

[Puppet]

Havelock - this is rather minor, but if you're paying attention, could you correct the ASICMINER market cap to be price*400,000 instead of price*shares on the exchange?  Quickie one-line edit, keeps the funds page looking sharp.  Additionally, correcting the yields would be cool too (move it from an annualized model to a MA YTD or something less ambiguous).

Market cap is correct. Its not showing asicminer marketcap, but that of AM1 or AM100.

[RoadStress]

AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.

Do you think AM self mining is bigger or smaller than KnC farm?

Do you think spondoolies self mine is bigger or smaller than the spondoolies HW farm that burnt down?

Smaller.

AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.

Do you think AM self mining is bigger or smaller than KnC farm?

No idea.

Here's some info for you though. 1700 AMHash shares are equivalent to running an SP20 with electricity costs of 0.1 $/kWh, only they cost less than half the price of an SP20 and there's simply no hassle.

Do you think SP20's are terrible value given the above info? Do you think Spondoolies' are ripping off their customers by not offering competitive products?

Stick to the subject maybe? You accuse me of praising SP-Tech in every post that I make. Here you bring up the SP-Tech into our discussion. I don't care what you care about the SP20 value. Let the customers decide that!

The topic here is AM and what is AM doing, not the value of some other company miners. But I forget that nobody knows what the fuck is going on with AM so I will ignore your small derail.

So when I asked how do you think AM is going to sell/deploy 60 PH worth of chips you refused a discussion. Now I am trying to discuss about the big large farms and you refuse again. How about a talk about colors? Would you like that? Maybe that will make you forget about the competitors because it seems you only think about them instead of focusing on your investment.

Remember the good old days where you could just go to blockchain.info/pools and see the AM's share of the network? And from that, infer the actual hashing power? I wish ASICMINER had a bit more transparency, at least about what is actually going on, how much hashing power is deployed, etc.

Of course I do. There was even a speed-o-meter for that. Now it's only dust in the air. I see KnC, I see AntFarm, I see other big pools. AM has nothing to show right now. But we are not allowed to say that because the angry shareholders gang will show up to tell you that you have an ugly face and that your equipment sucks.

[John (John K.)]

Is there any financial report by AM lately?

[maxl]

There is no actual financial report.
The last one is from May.

[jjdub7]

Havelock - this is rather minor, but if you're paying attention, could you correct the ASICMINER market cap to be price*400,000 instead of price*shares on the exchange?  Quickie one-line edit, keeps the funds page looking sharp.  Additionally, correcting the yields would be cool too (move it from an annualized model to a MA YTD or something less ambiguous).

Market cap is correct. Its not showing asicminer marketcap, but that of AM1 or AM100.

The market capitalization is the aggregate worth of a company determined by the exchange-traded share price times the total number of shares.  AM is the only equity (...fund) traded on Havelock that has a floating ledger beyond the exchange, so yes, currently displayed is the total value of shares on the exchange - no the market cap of the company.  101.

To illustrate the point - current figures indicate that AlcheMiner is worth 3x ASICMINER as a company.  Which is laughable.

[Mabsark]

So when I asked how do you think AM is going to sell/deploy 60 PH worth of chips you refused a discussion. Now I am trying to discuss about the big large farms and you refuse again. How about a talk about colors? Would you like that? Maybe that will make you forget about the competitors because it seems you only think about them instead of focusing on your investment.

I didn't refuse a discussion, I told you that I don't know. Why would I bother trying to discuss something when I don't have the necessary info? Unlike you, I don't just pull shit out my arse, fling it at the wall, hope something sticks and pretend they're facts.

I see KnC, I see AntFarm, I see other big pools. AM has nothing to show right now.

How big are those farms then since you seem to be the expert?

AM has nothing to show right now. But we are not allowed to say that because the angry shareholders gang will show up to tell you that you have an ugly face and that your equipment sucks.

You are allowed to say whatever you want, but all you do is talk shite because you are just a sad little troll. You say AM equipment sucks yet 1700 AMHash shares is equivalent to an SP20 @ 0.1 $/kWh but costs less than half the price. Also, AM miners don't burn down your mining farm unlike Spondoolies' miners.

[Puppet]

To illustrate the point - current figures indicate that AlcheMiner is worth 3x ASICMINER as a company.  Which is laughable.

The only thing laughable is drawing such incorrect conclusions from accurate numbers. Wanting to show the same market cap for AM1 and AM100 is what is laughable.

[RoadStress]

So when I asked how do you think AM is going to sell/deploy 60 PH worth of chips you refused a discussion. Now I am trying to discuss about the big large farms and you refuse again. How about a talk about colors? Would you like that? Maybe that will make you forget about the competitors because it seems you only think about them instead of focusing on your investment.

I didn't refuse a discussion, I told you that I don't know. Why would I bother trying to discuss something when I don't have the necessary info? Unlike you, I don't just pull shit out my arse, fling it at the wall, hope something sticks and pretend they're facts.

The funny thing about that discussion is that you don't need any special training to try to put some numbers down. Only elementary math is needed. You have 60PH to deploy and it costs you X$/GH. All you had to do is to just put a random number for X so you could get the total amount of money needed for that deploy. Afterwards you do it again increasing or decreasing the X value until you get to a satisfying total amount. After agreed about the total price we could discuss about the origins of those money.

I see KnC, I see AntFarm, I see other big pools. AM has nothing to show right now.

How big are those farms then since you seem to be the expert?

Have a look at https://blockchain.info/pools and http://organofcorti.blogspot.com/ Right now KnC is at 6%. Where is AM at?

It seems that I mistakenly read AntFarm instead of AntPool. I retract the AntFarm statement.

You are allowed to say whatever you want, but all you do is talk shite because you are just a sad little troll. You say AM equipment sucks yet 1700 AMHash shares is equivalent to an SP20 @ 0.1 $/kWh but costs less than half the price. Also, AM miners don't burn down your mining farm unlike Spondoolies' miners.

Again bringing SP-Tech into discussion out of thing air. I know it's a big pain in the ass for you and you only think about them, but please try to not bring them up anymore. We are talking about AM right now, not about the competition. Can you stick to the subject? Pointing your shit towards other companies will not make FC make better business decisions, will not bring dividends faster and will not increase share price. You have to just accept the reality and just move on. SP-Tech didn't bring/force AM into their present status. Instead of pointing towards others please tell me where is AM right now and what is AM doing right now for its shareholders. Oh wait you don't know. Nobody knows. In the past they were a force when it came to self-mining, now they are nowhere to be seen. Prove me wrong.

[Mabsark]

The funny thing about that discussion is that you don't need any special training to try to put some numbers down. Only elementary math is needed. You have 60PH to deploy and it costs you X$/GH. All you had to do is to just put a random number for X so you could get the total amount of money needed for that deploy. Afterwards you do it again increasing or decreasing the X value until you get to a satisfying total amount. After agreed about the total price we could discuss about the origins of those money.

AM do not have 60 Ph/s. That had 60 Ph/s months ago. Since then, they've sold ASIC, they've sold miners, and they've recently started mining contracts. They've also been building their mining farms since mid July and taped out the gen 4 ASIC in September. So, how many Ph/s remain to be sold and how much money do AM have? Oh, but it costs X$/Gh to deploy and all we have to do is put in random numbers until we get a price we're happy with? Simple! 

Go ahead then, pull some numbers out your arse which don't actually represent anything except your imagination and plug them into your equation. What the hell will that show?

Where is AM at?

Well, I've already told you that I don't know. Is that too difficult for you to understand?

[NotLambchop]

...Since then, they've sold ASIC, they've sold miners, and they've recently started mining contracts...

Sounds like a real solid operation.  Divs must be rolling in.  How much have you lost since "investing" in this, BTW?  Or were you smart enough to stop buying after the IPO?

[RoadStress]

The funny thing about that discussion is that you don't need any special training to try to put some numbers down. Only elementary math is needed. You have 60PH to deploy and it costs you X$/GH. All you had to do is to just put a random number for X so you could get the total amount of money needed for that deploy. Afterwards you do it again increasing or decreasing the X value until you get to a satisfying total amount. After agreed about the total price we could discuss about the origins of those money.

AM do not have 60 Ph/s. That had 60 Ph/s months ago. Since then, they've sold ASIC, they've sold miners, and they've recently started mining contracts. They've also been building their mining farms since mid July and taped out the gen 4 ASIC in September. So, how many Ph/s remain to be sold and how much money do AM have? Oh, but it costs X$/Gh to deploy and all we have to do is put in random numbers until we get a price we're happy with? Simple! 

Go ahead then, pull some numbers out your arse which don't actually represent anything except your imagination and plug them into your equation. What the hell will that show?

I was trying to give you an example that you just can't answer "I don't know" and that anyone can speculate on this. Your refusal to discuss this topic back then can't be motivated by a simply "I don't know". I was pulling some numbers out of my arse back then when you refused a normal discussion. I said that at 0.5$/GH there are needed 30M$ for AM to sell their chip stock and I said that it is highly unlikely that they can do it. Instead of replying to me with arguments you chose to accuse me of trying to promote SP-Tech as always.

Right now I am not interested in that discussion anymore because it's obviously outdated and AM clearly missed their 4 months target to sell all the chips. When I said that it's near impossible you accused me of promoting other miners as usual.

Also by "been building their mining farms since mid July" you don't actually expect me or anyone else to think that it is a continuous work since then. They are either done or extremely slow in doing it and I will keep stating that since they aren't showing their hashrate then it's way too small to make a difference. It's not a fact since nobody has the true numbers, but it's an educated guess (I know that you are unable to do them). So your statement that AM has far more than 4PH/s hashing right now it's just a big big lie imo. Not for self-mining anyway. Contracts and other franchise are different, but the self mining is obviously way less than 4PH/s.

AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.

So 5PH/s is just a small slice. Ok...

[jjdub7]

Wow, we have the entire unholy trinity of RoadStress, NotLambChop, and Puppet in here today...methinks this might mean the 3 (or honestly, you might all be the same person) are trying to grab a few last shares at IPO before the financials and divs are released?