Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jimmothy
on 23/10/2014, 03:01:24 UTC
I won't even bother. If you think that making a chip that is on par with something 9 months old is an accomplishment then it's useless to continue this discussion.

It is actually quite the achievement when that chip has been the reigning champ for 9 months.

Selling the best priced hardware (by a large margin) 7 months after it first tested is a testament to how well AM's chip is designed.

They sell because they are low price...not because they are great chips.

Isn't a low price + good efficiency the definition of a good chip?

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AM sells for the cheapest so people buy. I assume there margins are not great at the prices they sell for.

I'm sure you would have said the same thing about the AM tube which was ~10% more expensive per chip compared to the Prisma.

People (mostly Roadstress) assumed AM was selling chips at a loss until FC clarified the profit margins will remain high.

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Didn't FriedCat say AM was negative cash wise?

No he said the opposite. At the time of the last financial update AM had completely paid for 60PH worth of chips and since then they've sold a bunch of chips/hardware as well as began self mining.