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jimmothy



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Hero MemberActivity: 770Merit: 500 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It April 29, 2014, 11:13:31 PM #18884 Quote from: punin on April 29, 2014, 04:03:28 PM Quote from: jimmothy on April 28, 2014, 06:03:39 PM

You seem to think lowering voltage can guarantee higher efficiency. Show me some proof. Has it ever occurred to you that chip manufacturers may have already set voltage as low as possible without diminishing returns?



You repeat over and over that it has to work because "physics" and yet in reality there is not a single person with an asic who acheived less than 0.5w/gh at the chip level.





, oh yeah and BTW our chip on 55nm achieved that "less than 0.5W/Ghash" back in june 2013





Here's some proof , oh yeah and BTW our chip on 55nm achieved that "less than 0.5W/Ghash" back in june 2013

Well that's about as solid proof as it gets. Thanks for proving me wrong without theoretical evidence.



0.38w/gh is incredibly impressive but I want to know is it still cost effective while only 1gh per chip?



And puppet this in no way validates your claims that any and all asic manufacturers can increase efficiency beyond what was advertised. Bitfury is a rare exception and even then 0.38w/gh was advertised I was just unaware of it.



Quote Please note that it seems that 96 Mhz is close to _BEST_ solution

This leads me to beleive that even bitfury is towards the deep end of the shmoo plot.



How do we know other manufacturers are not?



And even if all manufacturers can acheive below 0.38w/gh can they do it cost effectively? Well that's about as solid proof as it gets. Thanks for proving me wrong without theoretical evidence.0.38w/gh is incredibly impressive but I want to know is it still cost effective while only 1gh per chip?And puppet this in no way validates your claims that any and all asic manufacturers can increase efficiency beyond what was advertised. Bitfury is a rare exception and even then 0.38w/gh was advertised I was just unaware of it.This leads me to beleive that even bitfury is towards the deep end of the shmoo plot.How do we know other manufacturers are not?And even if all manufacturers can acheive below 0.38w/gh can they do it cost effectively?

Jutarul

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DonatorLegendaryActivity: 994Merit: 1000 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It April 29, 2014, 11:56:27 PM #18886 There are no general updates this time, only the replies to the questions raised and submitted by forum shareholders:



Specific Updates

================



Submitted Questions:

1) When can we expect the financial report that's supposed to coincide with the next round of dividends?

re 1) May 27.



2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?

re 2) Most likely yes.



3) What capacity of gen 3 hardware is supposed to be used for franchised mining?

re 3) Depending on the capacity of our franchisees. We personally think 20P could be possible even inside China.



4) What are the current approximate terms of franchised mining, i.e. what does it take to become a franchisee and how are AM and the shareholders profiting from it?

re 4) We have the deployment team to investigate and audit the franchisees. We prefer the original 80/20 division and the 80% are calculated as our mining income. But the cost of the device (without chips) needs to be calculated in so there will be adjustments.



5) Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?

re 5) This question set can be posed more frequently. For the PR topic, it's still a to-be-solved problem.



6) Is it feasible to create a "gen 3.5" with the consumption drawbacks fixed? With the consumption issue at hand, what is the timeframe for gen 4; are there any adjustments?

re 6) No "gen3.5", but there will be "gen3.1", which is exploiting the production options from the fab the minimize the consumption.



7) After recent crackdowns on BTC exchanges in China, is AM still unaffected and are there strategies to continue operations in case of problems?

re 7) There are no crackdown on BTC exchanges. What the central bank did was to secretly prevent banks from keeping their company bank accounts without placing any public bans. It reflects the fact that the gov has still been pretending that they are neutral to Bitcoin.



General Disclaimer

==================



Please note that some information is subject to change, as this is a very agile business. Please be careful when speculating on company valuation. This information is purely provided as a service to current shareholders and may not be free of errors. The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0

"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman "The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman

minerpumpkin



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A pumpkin mines 27 hours a night







Hero MemberActivity: 686Merit: 500A pumpkin mines 27 hours a night Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It April 30, 2014, 12:05:41 AM #18887 Thanks Jutarul and of course friedcat for relaying and answering the questions! So, we've still got a month to go concerning dividends!

Is gen 3.1 supposed to be the pad/size adjustment mentioned earlier? This seems to be purely a package optimization, doesn't it? I should have gotten into Bitcoin back in 1992...

jimmothy



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Hero MemberActivity: 770Merit: 500 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It April 30, 2014, 12:06:31 AM #18888 Quote 3) What capacity of gen 3 hardware is supposed to be used for franchised mining?

re 3) Depending on the capacity of our franchisees. We personally think 20P could be possible even inside China

Very nice. About 10 times what I expected.



Thanks for the updates as always.



@klondike bitmain always advertised 0.68w/gh chip level Very nice. About 10 times what I expected.Thanks for the updates as always.@klondike bitmain always advertised 0.68w/gh chip level

He1l_Q



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NewbieActivity: 41Merit: 0 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It April 30, 2014, 01:30:13 AM #18892 Quote from: Jutarul on April 29, 2014, 11:56:27 PM There are no general updates this time, only the replies to the questions raised and submitted by forum shareholders:



Specific Updates

================



Submitted Questions:

1) When can we expect the financial report that's supposed to coincide with the next round of dividends?

re 1) May 27.



2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?

re 2) Most likely yes.



3) What capacity of gen 3 hardware is supposed to be used for franchised mining?

re 3) Depending on the capacity of our franchisees. We personally think 20P could be possible even inside China.



4) What are the current approximate terms of franchised mining, i.e. what does it take to become a franchisee and how are AM and the shareholders profiting from it?

re 4) We have the deployment team to investigate and audit the franchisees. We prefer the original 80/20 division and the 80% are calculated as our mining income. But the cost of the device (without chips) needs to be calculated in so there will be adjustments.



5) Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?

re 5) This question set can be posed more frequently. For the PR topic, it's still a to-be-solved problem.



6) Is it feasible to create a "gen 3.5" with the consumption drawbacks fixed? With the consumption issue at hand, what is the timeframe for gen 4; are there any adjustments?

re 6) No "gen3.5", but there will be "gen3.1", which is exploiting the production options from the fab the minimize the consumption.



7) After recent crackdowns on BTC exchanges in China, is AM still unaffected and are there strategies to continue operations in case of problems?

re 7) There are no crackdown on BTC exchanges. What the central bank did was to secretly prevent banks from keeping their company bank accounts without placing any public bans. It reflects the fact that the gov has still been pretending that they are neutral to Bitcoin.



General Disclaimer

==================



Please note that some information is subject to change, as this is a very agile business. Please be careful when speculating on company valuation. This information is purely provided as a service to current shareholders and may not be free of errors.



Wow, thank you Jutarul!



Thirsty for my dividends. Wow, thank you Jutarul!Thirsty for my dividends.