Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
RoadStress
on 03/06/2014, 14:55:23 UTC
I was just trying to find out why would FC settle for ~0.2$/Gh profit when I think that he could get more. If hashratio has the same 0.2$/Gh profit then doesn't that mean that by producing his own miners FC could get at least 0.4$/Gh as profit?

It is $0.3/gh profit.

And a few reasons why they wouldn't want to sell complete miners would be because it would require tons of extra funds/manpower, and it also creates a situation where AM is directly competing with it's partners.

It's much easier to just ship out chips and let the asic builders tear eachother apart.

Also there is no way AM would have been able to produce anywhere near 8ph worth of complete miners in a month.

I haven't read the reports, but I some people suggested that production cost is 0.2$/GH and they sold for 0.4$/GH. Only one version is the correct one. Which one is it?

Why not build miners the same as his distributors and sell them for the same price? They have the capacity since they did it in the past. Why have miners on the market in July from them when you could have direct miners from AM in June? Not maximizing profits again.

Well, it's common that old products are sold until there is no market anymore.
It seems like there is still a market for mining companies that do not deliver/fulfill (orders/promises).
I would not bet on FC anymore. Who knows what he's doing actually?

Are there any people who actually know what's going on in the company? (besides FC ofc)

I've never seen so much misinformation in one post.
Who exactly will be using these chips other than miners?
Our "dividends" were turned in to wafers worth 2.5 times their cost.
The earnings were not spent on development.
The profit margin might be reducing but it won't be below $0.3/gh.
AM just doubled assets per share in one month. Not a bad business plan if you ask me.

Well there is misinformation in your post too don't worry. For miners who won't sell. What is the invested wafers won't sell? Back to 0 dividends again.
Proof of at least 0.3$/gh profit margin?
Doubled assets per share means nothing from nothing if you will "reinvest" next month too into wafers worth 10 times their cost.