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301  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 14, 2013, 06:33:34 PM
This was a triumph.
I'm making a note here, huge success.

It's hard to oooover-state my sat-is-faction.

ASIC Mining Science:
We do what we must because we can.
For the good of all of us
Except the ones who are dead.

But there's no sense crying over every mistake
You just keep on trying till you run out of cake
And the science gets done and you make a neat gun
For the people who are still alive.

I'm not even angry.
I'm being so sincere right now.
Even though you broke my heart and killed me.
And tore me to pieces.
And threw every piece into a fire.
As they burned it hurt because
I was so happy for you.

Now these points of data make a beautiful line
And we're out of beta we're releasing on time.
So I'm GLaD I got burned think of all the things we learned
For the people who are still alive.

Go ahead and leave me.
I think I prefer to stay inside.
Maybe you'll find someone else to help you.
Maybe Butterflylabs -
THAT WAS A JOKE. HA HA, FAT CHANCE.

Anyway, this cake is great:
It's so delicious and moist.

Look at me still talking when there's science to do.
When I look out there it makes me GLaD I'm not you.
I've experiments to run there is research to be done
On the people who are still alive

And believe me I am still alive.
I'm doing science and I'm still alive.
I feel FANTASTIC and I'm still alive.
While you're dying I'll be still alive.
And when you're dead I will be still alive.

ASICs alive
ASICs alive


qft
302  Economy / Auctions / Re: ASICMINER: board seat (equivalent of 5000 shares) for sale on: February 13, 2013, 09:52:01 AM
300 * 0.31
303  Bitcoin / Project Development / Re: Lets put bitcoin in space. A mining satellite for $8000 on: February 12, 2013, 09:29:11 PM
This started as a joke, but when researching it a bit further, it actually seems like it could be doable.

Lets put a bitcoin  satellite in to space!

Somewhere out of reach of governments, where solar energy is abundant and cooling may not be a problem (not actually sure about the latter lol).

Of course, the idea is not for this to be a profitable mining enterprise, it would be first and foremost a fantastic publicity stunt. Unaffordable? not so sure, have a look here:
http://abcnews.go.com/Business/cheap-space-satellites/story?id=17165740

$8,000 and that includes putting it in orbit. I suspect we might get that sort of money on kickstarter, particularly with a few corporate sponsors, like say BFL. Wouldnt they love to have one of their asics orbiting earth? Imagine the press this could generate!

There are some caveats, but none too serious I think. current asics wouldnt be radiation hardened. They will get destroyed by cosmic radiation if not properly shielded (and possibly even if shielded). So it may not last 10 years, it might even break a lot faster than that, but thats ok I think. If it lasts only a few months, its mission accomplished as far as Im concerned. edit: apparently for the above price, you get so low orbit it will only last a few weeks anyway. Oh well..

It would have to connect to the internet. I have no idea how to do that in practice. We would need only a tiny bit of bandwidth, but you do need a permanent uplink. anyone have a clue how to do that and what it would cost?

Then there is the building of satellite itself. Probably not something we should do in our backyard shed, but the above price seems to include the cost of building one. A bitcoin mining satellite with a few low clocked asics is probably about as simple as it gets, assuming you dont want to generate 1000s of watts.

Thoughts?



I suggested this idea about 2 years ago. A GPS-like network that repeats the entire chain ad infinium. Problem is, it is very hard to get the license for the downlink frequencies we'd be interested in, and it would cost in excess of a quarter of a million USD per launch.
304  Economy / Auctions / Re: ASICMINER: board seat (equivalent of 5000 shares) for sale on: February 12, 2013, 09:25:07 PM
Current bidding state (2013-02-12T21:00Z):

-----Bidder----- --Amount-- --BTC/Share--
skibum              100        0.31
DiabloD3            300        0.30
SaintFlow           100        0.30
Vezunchik           300        0.30
ThickAsThieves      200        0.30
kjj                 100        0.30
PM.2                700        0.30
Vezunchik           100        0.30
wisard              400        0.30
PM.3               3300        0.30
Blazr               100        0.30
superbit            100        0.30
---------------- ---------- -----------



Unless I did my math wrong, that adds up to 5800. Somebody needs to be rejected to the outbid list.
305  Economy / Securities / Re: [GLBSE] Bitcorp Mining Company - BTCMC 60+ GH/s, clear ASIC upgrade path. on: February 12, 2013, 02:47:58 PM
If you could, would you also buy ASIC from the chinese guys?

I think you mean Avalon. Its not worth it to get in on Batch #3 unless they cut the price in half and/or double the performance.
306  Economy / Securities / Re: [GLBSE] Bitcorp Mining Company - BTCMC 60+ GH/s, clear ASIC upgrade path. on: February 11, 2013, 11:03:37 PM
749 BTC is locked in the Bitcoinica liquidation.  

That leaves 66.51 left. Also, who did you pre-order the ASICs with? Please don't say BFL.

If you preordered with BFL, combined with the Bitcoinica loss, we're out $26k.
307  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 11, 2013, 05:09:51 PM
I would love to buy a few shares of ASICMining. Any idea of when the exchange will open?

Check the auctions forum, theres at least two open auctions for asicminer shares, including one guy selling 5000 in blocks of 100.
308  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 11, 2013, 08:53:02 AM
A signed authorization from myself.

Address: 18CoGAeLJzwG3iLkBj1vARYDWW7eC7qUQ1
Quote from: message
I, owner of 696 ASICMINER shares assigned to address 18CoGAeLJzwG3iLkBj1vARYDWW7eC7qUQ1, agree to release to these forum usernames my ASICMINER shares in the amount shown upon succesful funding of their respective payment address.

ineededausername: 42.5 BTC to 1BQvoWzSJTWKn6BFVCKp5wtBSqgMqfZSZ2 for 100 ASICMINER shares
Evolyn: 10.5 BTC to 13TgVgy3qHaUg9VvNUHGEqEqy48GwHMGVn for 25 ASICMINER shares
watertech666: 84 BTC to 1A6QtHEMLKNLuTi5hpLdnt6zU5aBCQ9YQQ for 200 ASICMINER shares
DiabloD3: 152.11 BTC to 19BZGgKtY5wK2oaBwkUwDckeWxk6Y3AXK1 for 371 ASICMINER shares
Quote from: signature
GzlztwX5Kks0WrxaWPu4mEoibyRHnF93QpJyQwaP4Dy3MyAvEuj/4TQoQeOX6WtsWkGNH5U/bCE5unD2ObEsiRM=

Quoted for preservation.
309  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 10, 2013, 10:04:53 AM
$6,500 for 21 GH/s

un be leivable. 



It's insanity.  Once Avalon batch 1 capacity is added the ROI on the .1, which is paid first 1/200000, is about 16 days.


After that, and once BFL has clobbered the network, and the dividend is back to 1/400000, the ROI on the remaining .2 is 277 days.



Bidding .5?  Ooooookkkk.....

....if BFL has clobbered the network....

As much as I want to see BFL actually ship ASICs, I just don't see that happening.
310  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: February 10, 2013, 09:51:05 AM
Happy Chinese new year. The year of the snake will bite as usual.
Luckily friedcat et al. have prepared some antivenom for us. May the hashing commence.

I find it funny that asicminer will have its entire hashing power online before Avalon customers do. I thought Avalon had beaten asicminer, but I guess not. Hurray.
311  Economy / Auctions / Re: 258 ASICMINER shares up for grabs! on: February 09, 2013, 09:19:26 AM
0.3
312  Economy / Auctions / Re: ASICMINER: board seat (equivalent of 5000 shares) for sale on: February 09, 2013, 09:18:45 AM
300 @ 0.30
313  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 08, 2013, 07:25:04 PM
600 * 0.41
314  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 08, 2013, 12:22:57 PM
647 * 0.38
315  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 08, 2013, 08:59:17 AM
696 @ 0.355

Feh, minimum increment.

696 @ 0.36
316  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 08, 2013, 08:53:11 AM
696 @ 0.355
317  Bitcoin / Hardware / Re: [Announcement] Avalon ASIC Batch #1 Ships on: February 08, 2013, 07:17:40 AM

Very soon. Maybe next week.
318  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 08, 2013, 07:16:35 AM
696 * 0.34
319  Economy / Auctions / Re: 696 ASICMINER shares for auction on: February 07, 2013, 09:02:15 PM
696 @ 0.32
320  Other / CPU/GPU Bitcoin mining hardware / Re: DiabloMiner GPU Miner on: February 07, 2013, 07:25:03 PM
Update: Believe it or not, I made it faster.
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