That Cube is exactly 100x as powerful as USB Block Eruptor, which also used to be sold for 1.99BTC not so long ago.
Only in Bitcoinland...

Wow, something new!  Or is it just 3 blades + PSU + hub, packed in a box?
Anyway, glad to see that AM can still offer competetive pricing with gen.1 hardware.

Wasn't it Avalon?

They don't depend on self-mining though.  There's also franchising as well as sales.


I didn't say the price is similar...  Look, I don't know exact numbers of course, but what I wanted to say is that if there were, say, 20x more hashpower per die, but the die costed 5x as much, then the chip would only have 4x greater price efficiency, not 20x. And yes, the costs are greater for both fixed AND recurring costs, so I'm not extrapolating anything.

Because x86 is not SHA256 

Actually, the performance increase is even greater than size reduction, because the clock speed is also usually increased.
BUT on the other hand, the production cost for the same die area is MUCH higher for smaller nodes.  NRE costs are also MUCH higher.  Of course, the overall cost per GH/s is still lower, but not that much lower.

P.S. Also, developing smaller node design is not only more expensive, but takes much more time.  For example, at 130nm you can do a full-chip physical simulation, while for 28nm simulating the whole chip would take eternity, so they usually simulate only small parts of the chip, which increases probability of errors and degradations.  The software toolchains are also much more complex and expensive.  That's why 130nm chip can only take a few weeks to develop, while 28nm takes several months at best.  KnC managed to shortcut this by using a standard-cell design (all other existing Bitcoin ASICs are full-custom), but this means that future 28nm chips will be both more cost-efficient and more energy-efficient than KnC.

A single chip might be faster or slower, depending mainly on how physically big it is, but also on many other factors.  So the chip speed is not always proportional to chip area divided by a square of feature size.  But it doesn't matter anyway.

What does matter is cost efficiency (cost per GH/s) and energy efficiency (J/GH).  The former affects how cheap we can potentially sell the HW (and how much do we earn from a given retail price), while the latter determines how much hashpower can fit in any given datacenter.  In both cases the math is not so simple, especially when we add NRE costs and volume savings into the equation.

It is important to remember to avoid randomly entering panic mode, thinking that 130nm is totally worthless compared to 28nm, because the latter is exactly 21.556 times better.

For it to be as low as 27%, the green line needs to drop below 2.0% in the next couple of days.  I doubt that passionately.
(the picture below is being updated automatically)

Yes.  And it's not even close to ROI, because for now hardware demand greatly exceeds supply.

I'm staying too.  Not because I'm too confident, but because it's just too late for me to sell at this point.  My logic is telling me to stop losses in this extremely uncertain situation, but my emotions are urging me to hope that AM will somehow get back on track.

So, today is 27.10 and the time in China is 21:09 (that's 10/27 and 9:09 PM if you are an American )
I hope we'll see the report in the next less than 3 hours.  Friedcat's working late, he sure is a busy person...

To maximize profit is to set the price (at least) as high as possible for the product to still be selling in whatever volume is being produced.  I'm a genius.

One more week and it will be 3 PH/s.

So I've bought my shares at around 2.6 on average (I bought in like 4 batches).
Now they are well under 1.0, plus I've got around 0.3 per share for divs.
Well, shit.
I guess there's little point in selling now anyway, so for now I'll just keep holding and hoping.

Lesson learned: investment is not a game for casual amateurs.

Of course they have access to more info.  But I don't think they tell us less than we need to know.

Sorry, I didn't read the thread.

But yes, our lives are totally pointless and meaningless.  So what?  Just follow your instincts and try to have as much pleasure as possible.  That's it, really.

An old wise man once asked a young boy: "Do you know why are we all living on this planet?"
"We are just hanging around to waste our time, you know" — answered the boy, without stopping to play with his smartphone.

Thanks for the update, friedcat.


Smaller node chips cost more money and time to develop.  Switching nodes is like shifting gears: you want to shift not too late nor too early but just in time.  Some have decided to shift earlier (or even start on the second gear), and friedcat decided to shift later.  We shall see who got closer to "just in time".


He is indeed.  That's why I decided not to transfer my shares right away, but to leave them alone to be auto-converted to direct.  When things settle down a bit, I will import them back.  You know, just to relieve at least my tiny bit of strain on TAT and Ethan.  And as additional benefit, I get to choose the best exchange later than the crowd (could have chosen BitFunder and have additional worry now).  Maybe another exchange appears.  Or maybe I just wait till the Colored Coins are finished and friedcat converts direct shares to them.


They wouldn't.  Hidden services are too slow for trading, and too cumbersome for serious investors.  Besides, they would imply association with the black markets, which wouldn't help building trust.

Colored Coins, on the other hand, are elegant, efficient, fast, simple, secure, awesome and sexy.  Only not quite finished yet...

Yeah, finally here again.

I had a question:
As an ASICMINER-PT holder on btct.co, I'm going to get my shares as direct shares soon.  But I don't wish to keep them direct, as I prefer being able to buy/sell quickly.  So which exchange would you recommend to transfer AM shares to?  I'd be very grateful to hear some kind of comparison of existing axcanges/pass-through options.

Thanks in advance!

I mean, not an estimation but an official indicator.

EDIT: found it! http://erpao.info/

Could someone remind me the address of the public AM hash-rate meter, please?  I've lost the link