Has there been any actual information since FC's last post on the forums?
I don't get the increase in share price. It's as if it was driven by the lack of news and information.
It seems to me like we're all here sitting blind while a select few get access to information and can profit from it. That's not a market I want to be a part of, and that's before getting into whether or not current share price is justified even if AM does deliver and on time.
Did you see the specs on gen3? |
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I would be willing to bet asicminer pays more in dividends than mpex does this year.
Go set it up on BitBet. Where exactly has Satoshi Dice and Asicminer gone?
Satoshi Dice has delisted and thus has a market cap of 0. Asicminer is trading at about 2-300k BTC, which is nowhere near in range. Thus, gone, in the context we were discussing, which was MPEx' oppressively colossal 8-900k BTC weight. You are implying Satoshi Dice was/is somehow worthless? Although my knowledge is limited weren't the shares bought out at a premium not delisted. Your own post https://bitcointalk.org/index.php?topic=465334.0 mentions the venture as a successful one. As far ASICminer vs MPEx the valuations seem in line if one believes that MPEx is the only trustworthy BTC Stock exchange vs ASICminer being one of many ASIC manufacturerers. Even if not most successful at least trustworthy up till now so why the dislike of them? There is a difference between "worthless" and "having no published market cap since it is not listed to trade anywhere". Since SatoshiDice is no longer publicly traded, it obviously cannot be one of the highest valued publicly traded companies anymore. Glad you agree that satoshi dice doesn't have a market cap of 0. Unless I misread you. +1 on the bet idea. What are the other terms? Although if jimmothy thinks mpex will collapse wouldn't he think bitbet would too? So betting on bitbet about bitbet collapsing seems ... BitBet and MPEx are separate, but if you know a better bitcoin betting platform then go ahead and set the bet up there. I would make a bet using bitbet if they were any less of a scummy company. I love the site/ui/functionality but not a fan of the fine print bullshit like if you bet after a deadline the money is considered a donation. This is no way to run a business especially when you are using a currency that takes a long ass time to confirm sometimes. I would bet 0.1btc asicminer pays more in divs the following year. Not going to bet it collapses because I actually changed my mind on that statement. It may not collapse within that time frame but it will surely pay out embarrassingly small divs while nobody uses the useless service. The only hope of mpex succeeding was with a steady flow of idiots willing to gamble huge sums with options but now that cant even happen. |
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Given the EVO already runs at 750GH/s, anticipating a small additional improvement of 50GH/s is very reasonable. The OP says "up to 800GH/s." Please pay attention and recognize the importance of the key "up to" phrase, which modifies the "800GH/s" figure.
This is the Custom Hardware subforum. We are supposed to discuss things like
-HashFast ASIC specs (original 400GH/s goal met, now up to 800GH/s)
-Cointerra ASIC specs (much less than original 500GH/s target)
we aren't supposed to endlessly belabor flimsy scam accusations like
-HashFast didn't provide windfalls by refunding $100 BTCs with an equal number of $1000 Bitcoins, therefore it's a Ponzi!!11!
If nothing we do could make you consider buying from us, why are you posting here? Batch One EVOs sold out almost instantly, so exhibiting your grudge in public hasn't had any noticeable effect. Better get a Batch Two before they're gone!
The thread says up to 800gh but you just said HashFast's record-breaking new 800GH/s
Why not hashfast record breaking 750gh? I agree it is silly to have your company act as a hedge for those who paid with $100 btcs but want a refund of $650 btcs but you specifically said refunds would be in btc. Stupid mistake on your part to agree to such a deal and not hold the btc in case of refunds. And congrats on selling out batch 1. How many evos are we talking? 100? 1000? For all we know batch one consisted of 5 units. |
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How can you even claim 800gh when you have yet to reach it?
And how can you bash another company for missing advertised specs when you missed yours as well.
Not sure the point of discussing specs. Even if hashfast had a 1600gh chip at 0.1w/gh it still wouldn't be enough for me to consider buying from you as you feel is it acceptable to change existing contracts whenever you please.
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Do you remember when they claimed they'd have Monarch's shipped out in October 2013?
I wouldn't be surprised if they don't start shipping until October 2014.
This looks like almost like an exact repeat of last year. I think we will see 5 monarchs delivered in april (for the press) and a painfully slow delivery through july/august. |
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Hold on now MPOE - are you really accusing NeoBee of being a scam?
Guy has no shame. MPOE's exchange is one of biggest ongoing scams to date, ripping off huge insane fees from unsuspecting customers. the fact that anyone buys into that pathetic charade is why it is allowed to exist The fact that you get 10btc for recruiting an idiot to pay 30btc registration fees is what allows it to exist. |
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And for a less skewed comparison:
Value of publicly owned shares:
Mpex: 130k btc
Asicminer: 130k btc
Dividends paid last year:
Mpex: 14k btc
Asicminer: 200k btc
Amount of dividends derived directly from losses of own investors:
Mpex: 13k btc
Asicminer: 0 btc
Dividends derived from service/sales:
Mpex: 1k btc
Asicminer: 200k btc
What happened to your bet? No BTC just hot air out the mouth or what is it? Sorry not going to risk money on this considering it is impossible to predict the amount of btc noobs you can recruit to this cult and how your cult members will react to no income. I would be willing to bet asicminer pays more in dividends than mpex does this year. |
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A few things; First of all, bitcoin mining would be perfectly suitable to switch dynamically from one location to another, far easier than any other form of data processing. You are probably thinking it cant because the hardware is so expensive, but thats only temporarily. IN the long run, electricity cost will be far more important than the hardware cost. Secondly, varying electricity costs over time for a google/facebook/ebay datacenter is something else than for bitcoin. Those companies look at 10+ years to select a location for a major DC, miners currently have an horizon of a few months and I figure, in the future of at most a few years. Lastly; at least in Iceland they guarantee you the price for up to 20 years. http://www.greendataisland.com/whyiceland.htmlAnyway, the main point is that at current exchange rates, electricity price of all mining really isnt going to make a difference. So what if you max out a local small hydroelectric plant causing local prices to go up (which would be unlikely already), you will just put your miners somewhere else, or if you dont, someone else will. This is about as "profound" as one particular collocation provider running out of rackspace and therefore increasing its prices. So what? Electricity price will make a difference. People taking advantage of energy arbitrage will squeeze all the profit out of mining they can. I think your equation is pretty accurate but the unpredictable variables like future hardware efficiency, btc exchange rate and large scale mining ops make predicting the end difficulty nearly impossible. |
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Never done a pre-order before and wondering how reliable delivery dates are with these guys.
I would not buy a preorder from anyone at the moment. Delays are guaranteed to happen. I would wait for prosperos to be shipping before making your decision. It is likely that asicminer gen3 devices will be out by then which would probably be a better choice. |
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Where exactly has Satoshi Dice and Asicminer gone?
Satoshi Dice has delisted and thus has a market cap of 0. Asicminer is trading at about 2-300k BTC, which is nowhere near in range. Thus, gone, in the context we were discussing, which was MPEx' oppressively colossal 8-900k BTC weight. And for a less skewed comparison: Value of publicly owned shares: Mpex: 130k btc Asicminer: 130k btc Dividends paid last year: Mpex: 14k btc Asicminer: 200k btc Amount of dividends derived directly from losses of own investors: Mpex: 13k btc Asicminer: 0 btc Dividends derived from service/sales: Mpex: 1k btc Asicminer: 200k btc |
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Yesterday I set up a HashFast Sierra built with three of our Rev2 boards. These are *not* the EVO (~750GH/s) boards but the machine is still getting around 1.5TH/s!!! You can see it mining live on Eligius by going here http://eligius.st/~wizkid057/newstats/userstats.php/1JyeG1Cdd2xtu22qV7XPGjR22JPkJmVvyAand clicking the 'toggle worker details' button. It's the one called "Rev2Sierra" of course. It's using about 1850 Watts and is plugged into a standard outlet, along with a small PC controller. Everyone please note that this is the most scammy bitcoin asic manufacturer to date. Even BFL does not meet the level of bullshit coming from hashfast. |
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How can it be the worlds first 2th miner when people have been able to reach 2th on a terraminer?
How can it be the most efficient asic when 6 companies make more efficient asics?
Blatant false advertising?
The only thing plausible is that you have the fastest hashing chip which is entirely useless with horrible efficiency.
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FYI: Chris from HS responded to my support ticket from early Feb regarding MPP today: In regards to MPP - other than knowing that for Batch 1 it will be the full 1.6TH, I am unable to release any more information of this for you. I do hope to get something out shortly as this is a very hot topic in the forums. So.. 'shortly' Not sure what that means, but probably 'soon-ish'  Every time I call in and ask, they tell me "In the coming weeks" They passed BFL Status. At least bfl doesn't break/modify contract multiple times. |
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That is strange. After HF deleted my post, it reappeared three times. Must be a bug in the software.
"repetitve posting is spam" -gmaxwellSeriously guys let's cut down on the spam. Hashfast has money to steal. |
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Repost: My new favorite bullshit quote from hashfast: It’s both the most powerful and the most efficient Bitcoin Mining chip in the world Lets all take a moment to pretend bitfury, bitmain, knc, cointerra, bitmine, and dragon miners don't exist. |
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This isn't nearly as unreasonable as it seems
I love it how you know nobody buys your shit. You really are an artist when it comes to the art of bullshitting. Isn't there a word for people like that? Oh yea it's called a con artist. My bet is this ponzi collapses within the next 6 months. Depending on whether or not there is another influx of bitcoin noobs to recruit to the cult of mpex. |
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Well this now looks even worse, even BFL is offering pretty good compensation plans for their tardiness. An extra 250% of hashing power for batch 1 customers! Puts BA to shame. You know your behind the times when you out BFL, BFL.
Yea bfl is totally putting BA to shame.. A $5000 monarch has gone from 600gh -> 1000gh Where as a $4000 prospero has gone from 2000gh -> 2900gh Jimmothy, I have not bothered you or your comments on BA this entire time. I have seen your input as valid and have even taken to heart some of the things that you have said. And yet you come out attacking everyone no matter what. A prospero is ~$6,000 first of all, BA is giving their "compensation" package to everyone, not just those who paid at the very first price. Also the $5000 monarch is going from 600 GH to 1.6 TH, please understand the full package before trying to refute. Hopefully the 2.9 TH/s will be able to be run at a home, given the high power consumption running at that level, it will be a stretch to fit one of the X-3 boxes on a circuit. BFL is actually giving the hardware to their customers whereas I get cloud mining that I cannot even resell when it becomes (if not already shipped as) worthless. BFL is delaying 5 weeks, BA is delaying 8 weeks. (I understand this may change based on companies pasts, but for now that's what we have to go on, all biases aside). I am sure I do not have to tell you how precious 3 weeks can be in the mining world, unless you are BA and do not care about your customers interests in making a profit because all you do is manufacture mining equipment. I thought BA compensation was only for batch 1 orders. Bfl is not delaying 5 weeks. They promised delivery of every month since november. They will not ship in 5 weeks or even 2 months. Anyways the 250% compensation is only for the earliest orders for a monarch and comparing it to the earliest orders of a prospero it is still lacking. My point is that because they ripped off their customers so much, they can afford to give a better compensation. I too wish we could get double the hashrate for compensation but that would mean we would be getting hardware for around $1/gh and BA couldn't afford it. Asicminer gen3 chips alone will be $1/gh |
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Well this now looks even worse, even BFL is offering pretty good compensation plans for their tardiness. An extra 250% of hashing power for batch 1 customers! Puts BA to shame. You know your behind the times when you out BFL, BFL.
Yea bfl is totally putting BA to shame.. A $5000 monarch has gone from 600gh -> 1000gh Where as a $4000 prospero has gone from 2000gh -> 2900gh |
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hi all you have received a payments for share AM1 ? not me..  On havelock? You sure you own a share? I've never missed a dividend. |
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