Quote from: Blazedout419 on December 20, 2014, 06:08:11 PM

Quote from: Mabsark on December 20, 2014, 05:08:29 PM

Quote from: Blazedout419 on December 20, 2014, 04:21:15 PM

To say Bitfury is a joke is just plain stupid. They are a major player in the mining space...come on.

I know they're a major player. That does nothing to change the fact that their new cloud mining offering is complete garbage. Why even bother offering such a terrible service? I said in another thread, that I think they're just getting the platform working for their next gen ASICs, otherwise that service makes no sense.

Quote from: klondike_bar on December 20, 2014, 04:44:13 PM

Bitfury is MASSIVE, they went the private route but have been excellently successful. Thier first-gen design was terrific, and they very quickly (with gen1 chips) discovered the benefits of running 15(?) chips in series on a 12V capacitated source, eliminating all the efficiency looses of a DC/DC regulator component. They then redesigned a 2nd-gen 55nm chip that was about 15% more powerful at the same power draw, to achieve better that 1w/Gh. They deployed over 50MW/50PH of hashrate already, in larger private entities.

Their next chip can easily achieve 0.2-0.3w/GH is moving to the 28nm node realises the potential 4x efficiency gains, if not more if they further develop the chip.

Yes, I know all about BitFury. I'm not saying they're not a massively successful company. I'm just looking at the new cloud mining offering and laughing my arse off at how terrible it is. As for their new chips, I'm pretty sure they can achieve 0.2 J/Gh (if not better) but AM already have and we know when they're set to hit the shelves. Do you have any info for when BitFury's new miners will available for use?

Well we will see when AM has some of the final chips on a board and posts real numbers. I hope they can finally make a good chip that actually beats out some of the other companies for a while. The next few months will be interesting for sure, but I still do not see how they could ever pay large divs again.

If anyone is expecting 0.01/share per week then they are in for a bad wake-up call. The days of running ~30% of the network are probably over.

However, I can see AM having 10% network pretty easily for self mining if the new chips / mining can be produced cheaply and quickly.