Quote from: VinceSamios on August 08, 2013, 12:50:21 PM

Quote from: TsuyokuNaritai on August 08, 2013, 12:33:22 PM

Quote from: VinceSamios on August 08, 2013, 09:54:28 AM

Quote from: BlackLilac on August 08, 2013, 09:23:55 AM

ASICMINER's next generation chips will be out by November... do you honestly think any of these IPOs will produce functional products by then? We don't know the specs of the next AM chips... but there is every reason to assume they will be in line with the specs these other companies are promising, if not superior.

The primary difference is that ASICMINER has proven that they can deliver.

Great so... lets invest in an unknown. I don't doubt they'll come up with something awesome, but they also have a glass ceiling in the percentage of network hash rate they can take. They've currently got 12% of network hash rate, so they could double that, but not really any more than double... that's their major class ceiling. Whereas ActM can increase their hashrate by a few hundred times, plus hardware sales.

Their franchising plans means no hashrate glass ceiling. Plus hardware sales.

well no... because... if they go above certain percentages they create fear of a 51% attack (really only about 30% needed sporadically) which completely undermines the value of bitcoin and by direct extension, any mining group or company.

Quote from: friedcat on July 23, 2013, 05:32:56 PM

Hardware Franchising

This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.

This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.