Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
RoadStress
on 09/11/2014, 18:36:59 UTC
The funny thing about that discussion is that you don't need any special training to try to put some numbers down. Only elementary math is needed. You have 60PH to deploy and it costs you X$/GH. All you had to do is to just put a random number for X so you could get the total amount of money needed for that deploy. Afterwards you do it again increasing or decreasing the X value until you get to a satisfying total amount. After agreed about the total price we could discuss about the origins of those money.

AM do not have 60 Ph/s. That had 60 Ph/s months ago. Since then, they've sold ASIC, they've sold miners, and they've recently started mining contracts. They've also been building their mining farms since mid July and taped out the gen 4 ASIC in September. So, how many Ph/s remain to be sold and how much money do AM have? Oh, but it costs X$/Gh to deploy and all we have to do is put in random numbers until we get a price we're happy with? Simple!  Roll Eyes

Go ahead then, pull some numbers out your arse which don't actually represent anything except your imagination and plug them into your equation. What the hell will that show?

I was trying to give you an example that you just can't answer "I don't know" and that anyone can speculate on this. Your refusal to discuss this topic back then can't be motivated by a simply "I don't know". I was pulling some numbers out of my arse back then when you refused a normal discussion. I said that at 0.5$/GH there are needed 30M$ for AM to sell their chip stock and I said that it is highly unlikely that they can do it. Instead of replying to me with arguments you chose to accuse me of trying to promote SP-Tech as always.

Right now I am not interested in that discussion anymore because it's obviously outdated and AM clearly missed their 4 months target to sell all the chips. When I said that it's near impossible you accused me of promoting other miners as usual.

Also by "been building their mining farms since mid July" you don't actually expect me or anyone else to think that it is a continuous work since then. They are either done or extremely slow in doing it and I will keep stating that since they aren't showing their hashrate then it's way too small to make a difference. It's not a fact since nobody has the true numbers, but it's an educated guess (I know that you are unable to do them). So your statement that AM has far more than 4PH/s hashing right now it's just a big big lie imo. Not for self-mining anyway. Contracts and other franchise are different, but the self mining is obviously way less than 4PH/s.

AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.

So 5PH/s is just a small slice. Ok...