A new ASIC miner appears on btcguild

[jgarzik]

Once upon a time in #btcguild...

Code:

<KuKzz> now we have a single user with 800gh? 0_0
<Eleuthria> Yes.
<Eleuthria> Welcome to the future.

[nbtcminer]

Once upon a time in #btcguild...

Code:

<KuKzz> now we have a single user with 800gh? 0_0
<Eleuthria> Yes.
<Eleuthria> Welcome to the future.

800gh?!?!? Holy Retired Pope! Is this the Friedcat / D3 project or some unknown entity???

[Nemesis]

Once upon a time in #btcguild...

Code:

<KuKzz> now we have a single user with 800gh? 0_0
<Eleuthria> Yes.
<Eleuthria> Welcome to the future.

Are you implying these are Avalon users?

If so, wheres your fact/proof?

I thought Jeff was a mature grown up man.

[jgarzik]

Are you implying these are Avalon users?

No.

[Nemesis]

Are you implying these are Avalon users?

No.

Then why posting this here?


Avalon users thread?

[iCEBREAKER]

Are you implying these are Avalon users?

No.

Then why posting this here?
Avalon users thread?

Possibly because emerging ASIC competition is very relevant to Avalon users in a number of ways you could have figured out, had you bothered to try.

Any other dumb questions?   

[galambo]

Then why posting this here?


Avalon users thread?

Because the Avalon works best with BTCGuild?

And its highly likely this is one user who just switched on their Avalon ASICS?

Because this user is now up to 940 GH/s? Which is 14 avalon machines.

The real question is why does it bother you so much?

[fcmatt]

Well. The asic bus is leaving the station. Got a feeling many asic buyers roi dreams are gonna get uglier.

[Frequency]

Is it Asicminer (friedcat) 
And hè puts his TH/ on the chain without à lot of talking, IT IS Asic but whitch company???

Damn things starting to get intrested!!!  Hashrate / Diff. still very intresting at this moment...

Time Will tell ....

[Pipesnake]

Is it Asicminer (friedcat)  
And hè puts his TH/ on the chain without à lot of talking, IT IS Asic but whitch company???

There was a guy from England (iirc) that had a huge private gpu farm.  Can't remember his name (Vladimir maybe?) but he had a lot of clout and resources.  Announced quite a while ago that gpus were finished and he was going to develop a private ASIC.  Perhaps he was successful.

[organofcorti]

Is it Asicminer (friedcat)  
And hè puts his TH/ on the chain without à lot of talking, IT IS Asic but whitch company???

There was a guy from England (iirc) that had a huge private gpu farm.  Can't remember his name but he had a lot of clout and resources.  Announced quite a while ago (maybe 12-16 months) that gpus were finished and he was going to develop a private ASIC.  Perhaps he was successful.

That was Vlad and I don't think he went ahead with that.

[SebastianJu]

Is it Asicminer (friedcat) 
And hè puts his TH/ on the chain without à lot of talking, IT IS Asic but whitch company???

Damn things starting to get intrested!!!  Hashrate / Diff. still very intresting at this moment...

Time Will tell ....

Its Bitfountain/Asicminer. Friedcat announced it.

[galambo]

Ooops. This is why you do not guess out loud

I had forgotten about ASICMiner because of the disadvantageous and potentially illegal structure.

[SebastianJu]

Ooops. This is why you do not guess out loud

I had forgotten about ASICMiner because of the disadvantageous and potentially illegal structure.

Do you mean Asicminer with illegal? Why?

[galambo]

Ooops. This is why you do not guess out loud

I had forgotten about ASICMiner because of the disadvantageous and potentially illegal structure.

Do you mean Asicminer with illegal? Why?

The same reason GLBSE shut down in the first place after talking to a lawyer.

[niko]

Ooops. This is why you do not guess out loud

I had forgotten about ASICMiner because of the disadvantageous and potentially illegal structure.

Do you mean Asicminer with illegal? Why?

The same reason GLBSE shut down in the first place after talking to a lawyer.

ASICMINER never traded securities or contracts. They are not a trade platform. ASICMINER was crowdfunded to perform tasks specified in the contract. I am not claiming that legal ground is all clear, but your comment and comparison are completely wrong.

[galambo]

You realize the difference between a company selling shares of itself, and a company that is running a securities exchange? The former could be a medium size lawn care service or computer shop for example, and might hire a lawyer and an accountant for a few hours each year, while the latter would need to be run by lawyers and bankers.

Its actually issuing shares and selling them to the public which is most illegal. The mechanism is irrelevant. Exchanges are subject to regulation, but that's not really why GLBSE was shut down. Selling securities to just one person in the USA means you must register with the SEC.

[Soros Shorts]

Selling securities to just one person in the USA means you must register with the SEC.

I've bought plenty of non-US securities that are not registered with the SEC. I'd purchased these through a foreign brokerage account registered under a non-US address. Of course, I still have to report gains to the IRS, but that is a different issue altogether. The blanket statement above is not correct.

[galambo]

Selling securities to just one person in the USA means you must register with the SEC.

I've bought plenty of non-US securities that are not registered with the SEC. I'd purchased these through a foreign brokerage account registered under a non-US address. Of course, I still have to report gains to the IRS, but that is a different issue altogether. The blanket statement above is not correct.

Are you joking? Is this a joke? Because it sounds like one.

[Dalkore]

Selling securities to just one person in the USA means you must register with the SEC.

I've bought plenty of non-US securities that are not registered with the SEC. I'd purchased these through a foreign brokerage account registered under a non-US address. Of course, I still have to report gains to the IRS, but that is a different issue altogether. The blanket statement above is not correct.

Would you mind PMing me a non-US brokerage I can setup and account like this?