Quote from: CanaryInTheMine on June 18, 2014, 04:01:25 PM

Quote from: jimmothy on June 18, 2014, 07:02:05 AM

Bitmains new 28nm chip announcement: https://bitcointalk.org/index.php?topic=656461

Looks decent. Quite a bit less efficient than I expected but much sooner.

friedcat should seriously consider manufacturing the X24 boxes to counter bitmain. he can have an order of X24s going within days at a factory... waiting for other manufacturers only gives more time to AM competition to make and sell their wares

Having full control over pricing product will allow them to compete with Bitmain's "spot price" approach. Bitmain has been successful through rapidly adjusting price to market conditions by providing a total solution. Although ASIC sales may mean greater initial margins it may not result in the volume at which profitability is optimized. The problem is you immediately compete with the companies you supply and those appear to be significant.