Ken - a few questions
1. does this projection mean that you will only be mining with the 55nm chips and not be selling them?
1a. seems like selling the chips directly provides a quicker and larger return, and if that return is then turned into more chips... (you see where I am going with this)
2. you have the hardware costs at $1,338,000. does this include boards, assembly, installation, etc (basically all the costs for producing a working miner), or just chips?
3. can we assume that you would be mining in a pool, or are there plans to solo mine?
3a. if you are going to solo mine, do you already have software/server/etc setup to be able to do this?
4. you set the projection to start on May 1, 2014 for 1.292 PH. do you expect to have all the chips, boards, facility, etc up and running at the beginning of May 2014 for everything? Would June 2014 be "more" realistic date, or does it need to be pushed out further than that?
5. you have the electricity cost in as $0.022. What are the other costs involved (initial startup costs, the monthly data center rental, etc)?
6. your projection shows essentially 1.7MW of power usage for those chips. that takes into account the chip power usage only. what are the additional projected power needs for all the other equipment?
7. not really a question - you left bitcoin price at 958 and the price rise at 10% monthly. I personally think that the numbers should reflect the current market and assume no change in BTC price. or have multiple "realities" were you run projections on $500 BTC, current price of BTC, and some higher priced BTC.
thanks.
Thanks for the good questions, I will try and answer as many of these as I can in the Wednesday update.