Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
Chris_Sabian
on 24/10/2014, 02:02:19 UTC
im still kinda confused on the fees, each day each GH maint fee is what....

First I understood that it's $1.63/day for each GH, but now I think it's $1.63/day for each TH. Taken from their picture with maintenance being $587 for 1 year for AMHash1 that costs 1.25 BTC. But I find it weird cheap.

$1.63/day for each TH makes it much more reasonable.  That price for each GH is terrible.  That would be on par with each gen1 chip with 10W/ GH

That's my thoughts too, but that makes it $49/month for a TH which I find too cheap. for a 0.7W/GH that would mean 700W for a TH and a power cost of just 0.03$/kWh. It's either that cheap or something is fishy here. And if AM can get so cheap power why didn't they self mined faster or stronger? That power cost is a miner's wet dream.
"FriedCat has more tricks up his sleeve as well with new chips on the way and a new partnership we will report on here in the future."

maybe they really do have super cheap energy and they would make more money by could mining? I got no answer here

FC was talking about finding cheap electricity at the Salon back in August.  Let's not for about the DataTank partnership as well.