You should read again their last financial statement.
Last I checked they had 60PH which was completely paid for.
That's only the chips, but AM needs money for the rest of the components in order to start hashing. Also having cheap electricity available and high power capacity doesn't mean anything. It still takes some money to build a functional DC (need wiring, cabinets, cooling etc).
jimmothy how much $/GH do you think AM needs to start hashing considering they only have the chips right now?
AM owned 30% of the network with a large portion of their hashrate running out of what looked like a chicken shed...... it was mining at it's best.
I know, but owning 30% of a small network is easy. Doing it right now seems a much harder job. They will need a lot of chicken sheds for that and they don't come for free. If AM claims they are self-mining since July they should post the mining address so that everyone can see their speed, but that won't happen very soon because they are just too small. If they owned at least 20 PH right now they would've bragged about it in order to boost the shares price.
Friedcat has immersion cooling I would say they have one of the best chicken sheds you can get.
How hard would it be to put a new board in based on this video when they come online.
https://www.youtube.com/watch?v=oZavKweMrP4
Operational October 2013.
DataTank Container Data Center available in Q2 2014. Immersion-2 is an immersion cooling platform for 3M Novec Engineered Fluids such as Novec 7000 and Novec 649. By utilizing passive 2-phase immersion cooling in an open bath design, customers benefit from massively reduced cooling energy bill, lower acquisition costs, space savings, and a truly universal and durable system.
http://www.allied-control.com/immersi...
Location: Hong Kong
Client: ASICMiner
Completion: Oct 2013
From the Datatank thread
https://bitcointalk.org/index.php?topic=655464.msg7360111#msg7360111
Hardware and Currencies
Due to our past experience with ASICMiner, we are committed to using ASICMiner hardware for our own capacity, until we see a reason not to. DataTank systems are compatible with any hardware, including with chips from Spondoolies Tech, InnoSilicon, Hashra, HashFast, GridSeed, Cointerra, Butterfly Labs, Bitfury, Alcheminer, Avalon, ASICminer and more. Bitcoin, Scrypt, any other hardware, including GPU computers.
We are in direct contact with several of these manufacturers to get their hardware ready for immersion.
Due to our past experience with ASICMiner, we are committed to using ASICMiner hardware for our own capacity, until we see a reason not to. DataTank systems are compatible with any hardware, including with chips from Spondoolies Tech, InnoSilicon, Hashra, HashFast, GridSeed, Cointerra, Butterfly Labs, Bitfury, Alcheminer, Avalon, ASICminer and more. Bitcoin, Scrypt, any other hardware, including GPU computers.
We are in direct contact with several of these manufacturers to get their hardware ready for immersion.
Update
We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
BE200 Test not like anyone looks at these things
https://www.youtube.com/watch?v=bhOHJ96wBYg