Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
$1.50/GH
He never published it. It's an estimate based on FC's old balance sheet, where he had listed the total cost of making all the hardware. Then I figured about how many TH he'd produced based on his total sale profits divided by price/TH, plus the known farm size (~50 TH).
Not only are you basing your guesstimate on 3 of your own guesses, one of those three happens to be derived from the number you are trying to calculate! Awesome logic.
He never published it. It's an estimate based on FC's old balance sheet, where he had listed the total cost of making all the hardware. Then I figured about how many TH he'd produced based on his total sale profits divided by price/TH, plus the known farm size (~50 TH).
Care to say which of those 3 is derived from the number being calculated? It is most certainly not clear. Are you confusing sale price and manufacturing cost?
nice logic can we have some more??
Supplied on a regular basis.
No only FUD is supplied here on regular basis. You should spook IPO investors by saying that AM is "probably worth less than BTC0.05" (halving their original investment). That might entice a nice selloff.
See, if I was an AM investor, the thing that would really scare me is the need to resort to this kind of "argument".
It's like you can't come up with a single rational counterpoint - oh shit, better set up some straw men!
Remember it was only a week or so ago you admitted you just don't know, which of course was already clear to most of us here. You're just making speculative guesses based on narrow-minded scenarios, and patting yourself on the back at every turn, despite there being far more profit made on the long side.
You're on here almost 24/7 spreading FUD, spamming the thread, even from your phone which must be a real pita, even 1st thing in the morning when you're still 'groggy' as you just mentioned above. Wow. Maybe it's time to see a therapist? You actually did promise to stop spamming a few weeks ago, what happened to that?
If you're so right why do you feel the compulsive need to constantly be asserting your brand of "math" and "logic"?
You're speculating (put options) in a speculative stock (AM) on a virtual exchange in a speculative economy (bitcoin), with no financial reports whatsoever, in a venture less than a year old, so please spare us the 'value investor' bullshit, do you realise how ridiculous you sound?
I'm not sure how ridiculous I sound, but you definitely sound a little mad.