ASICMINER has reached 17 TH/s total

17 TH/s total

Did you mean something else here?

I will PM friedcat, and he will confirm the transfer, after which it will be done.  You do not need to create an account, all you need is a Bitcoin wallet

250 directly registered shares for sale.

Minimum: 1.18 BTC each
Minimum bid increment: 0.01 BTC each

All bids are binding.  Payment must happen within 48 hours of the end of the auction, unless you make alternate arrangements. 

Happy bidding!  Auction ends on May 6, 5:00 UTC

Timer removed. End time: 2013-05-06+5:00:00UTC

We can only connect well to BTCGuild right now, so the answer is... never.  Until we solo-mine.

Bitfunder is really screwy sometimes... it seems like the price is eternally .1 less than btct.

Hashrate going up again as friedcat wakes up

If you think it'll still be 12 TH/s in a week, sell

In other news, hashrate is climbing slowly again. 13.5 TH/s.

The crash shouldn't take more than 6 months, until the forum shifts into capitulation mode (a-la Oct'11), at which point we're going to see slow, steady growth for a while, from whatever price the bottom is.

It may have taken a long time to climb back to 31.91 or whatever the previous ATH was, but the growth began in Nov'11.

Confession: I've been out of the game with all my money on gox for a while.  It has all been sold at $140 and upwards.

Unfortunately, I think my speculation on the nature of the bubble burst was off.  This was a major upswing, and I realize the differences now.

Minor upswings ($15.38 in Aug'12) are characterized by (1) not too much press and (2) slower userbase growth.  The nice thing about that is that when the faucet of new funds is turned off, a complete crash does not happen.  It crashed from 15.38 to 7.58 before bouncing, and gradually went up to 13 again.  Overall, pretty stable boom-bust-recovery.

Major upswings are rapid phases of adoption.  Unfortunately, when the fountain of new funds is gone, these seem to burst painfully.  

However, the upswing this time was accompanied by great development of fundamentals (userbase growth, service growth, awareness, interest from VCs + SV + the "mainstream").  In two years, I'm sure the bulls will be winning.  There hasn't actually been too much catastrophically bad news for the Bitcoin economy, in comparison to '11, and this is simply a case of deflated expectations (including my own).  The crash may be painful but this is certainly not going to be the death of Bitcoin, so I think it is very reasonable to wait for the bottom, buy in, and then watch it go to new ATHs

We might have to be a bit patient though.

Wow, you'd have to be an idiot to sell now

15 TH/s tomorrow... huge (>double!) dividends next week... and it's only going to get better!

he's online again! update probably is getting written!  coins soon to be sent out!

191@1.2, all other asks above 1.2 have been evacuated to 1.3... lol

Let's go, $100!  Hopefully this time it works out...

9864 GH/s!  I'm bursting with excitement

It appears to have been a temporary outage, hashrate is increasing quickly (one-hour estimate on btcguild).

We might be heading for 10 GH/s today.