Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
kleeck
on 05/02/2014, 05:10:47 UTC
~53,000 shares @ .0005 and now we're seeing some light buying @ .0006.

The 55nm chips alone should pay back all of the 0.0025btc per share. Then we have the custom 28nm. These buyers are lucky sods.

Ken needs about 25K BTC to pay .0025BTC per share, now I know little about mining but I do know that these 55nm chips will not be getting 25K btc.

A simple calculation taking into account the several month wait time and the rising difficulty shows we would need at least 5,000 TH/s to make 25,000 bitcoin.

You are correct, the 28nm are required to make our 0.0025 back, as the 55nm cannot do this unless ken is planning to run 2 million of those chips!

2 million!

2 million!!

OMG!

@ $2000/Wafer (A number shaofis came up with  Tongue) it would cost ActM around $588,235 to produce die in the ballpark of 2,000,000. Given a reasonably high yield, of course. (I'm not really sure what to expect from UMC, yield-wise.) If yield per wafer is low then we could see ourselves closer to between $650K - $750K. All in all, not too ridiculous of a cost. I'd wager sitting on funds like these would be a better option, though, given that the 28nm FCIC is slated to be to market a few months after the 55nm.