daemondazz
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August 28, 2013, 09:36:29 AM |
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Exponential increases usually mean by a power of something Well, they are currently around 335MH/s/chip while the competition is around 2-4GH/s/chip, so yeah, an order of magnitude increase in speed per chip would be the minimum I'd be expecting, if not two.
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Computers, Amateur Radio, Electronics, Aviation - 1dazzrAbMqNu6cUwh2dtYckNygG7jKs8S
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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August 28, 2013, 10:22:30 AM |
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Status update
We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week. We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.
Opinions?
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Believing in Bitcoins and it's ability to change the world
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VeeMiner
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August 28, 2013, 10:58:15 AM |
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any dividend predictions? I'm guessing around 0.011 like last week...
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bbxx
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August 28, 2013, 11:14:15 AM |
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Status update
We have received the first chip batch and we're working full speed on finalizing the controller board design, mining will start no later than 10 September with about 3-4 TH, and to reach the full speed within October. Dividend payments will start on the same week. We again remind everyone that the team shares won't be sold. We understand the investors concerns and we will be publishing pictures of the installment as soon as we are able to, before mining will start.
Opinions? they have no proof of chips. they are late on shedule theirs chips are outdatted
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velacreations (OP)
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August 28, 2013, 02:51:21 PM |
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div predictions?
I'm gonna say .014, though I think it may be a bit lower.
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San1ty
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August 28, 2013, 02:52:16 PM |
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Ok, A blatant guess with no fundamentals at all: .009
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Whtwabbit
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August 28, 2013, 03:18:51 PM |
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015
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Franktank
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August 28, 2013, 03:24:48 PM |
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div predictions?
I'm gonna say .014, though I think it may be a bit lower.
Dividends will be a moot point for the next couple weeks. If you're buying in, it's because of the upcoming plans, not because of the current returns.
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ft73
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August 28, 2013, 03:25:00 PM |
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015
Ok, it's good for me
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velacreations (OP)
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August 28, 2013, 03:26:51 PM |
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div predictions?
I'm gonna say .014, though I think it may be a bit lower.
Dividends will be a moot point for the next couple weeks. If you're buying in, it's because of the upcoming plans, not because of the current returns. Well, not for me. Dividends give me a chance to reinvest, so if they are low, I can't buy as much. So, they do matter for some of us. The upcoming plans are vague, at best, and that's why we haven't seen a major rally, yet.
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superduh
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August 28, 2013, 04:51:58 PM |
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.0146
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ok
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velacreations (OP)
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August 28, 2013, 05:06:15 PM |
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Around .01 or less.
Mining wasn't great, other revenue is likely spent for new hardware. New products were announced, but likely not paid yet anyway.
yeah, I'd be surprised if we even get the new product bump before next week. Mining was horrible this week. There. I said it.
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binaryFate
Legendary
Offline
Activity: 1484
Merit: 1003
Still wild and free
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August 28, 2013, 05:07:53 PM |
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Around .01 or less.
Mining wasn't great, other revenue is likely spent for new hardware. New products were announced, but likely not paid yet anyway.
Your avatar is perfect in this context
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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TsuyokuNaritai
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August 28, 2013, 05:47:05 PM |
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0.01234spoke too soon - he added a bit more 0.01248
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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August 28, 2013, 05:52:23 PM |
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0.01234
Pretty good under the circumstances. I'm satisfied!
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kibblesnbits
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August 28, 2013, 05:52:55 PM |
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0.01234
That's the same password that's on my luggage!
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velacreations (OP)
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August 29, 2013, 12:07:21 AM |
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How many blades were sold in the last day or so?
I'm gonna say 1,000.
What do you guys think?
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mechs
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August 29, 2013, 01:53:59 AM |
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I think we have entered a time period where the weekly dividend will not be a huge catalyst anymore. If it low, then it just AM re-investing for expansion. If it high, it will be excused as a one-off from hardware sales of soon to be obsolete (and reduced in price) products.
What investors are looking for now is the % of the total network hashrate and things that effect that. Specs on their new hardware, when it will be rolled out and start mining will be the movers. If the competitors ship their new products before AM can start hashing away with there hardware, AM can easily be cut in half again. If the opposite occurs, their will be upside - the amount depending on the specs of the H/W and the rate of rise in AM's share of the total network pie.
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powpow
Member
Offline
Activity: 84
Merit: 10
Developer
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August 29, 2013, 02:12:13 AM Last edit: August 29, 2013, 02:36:41 AM by powpow |
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What investors are looking for now is the % of the total network hashrate and things that effect that.
What investors? the shares of AM have all been sold. You are merely buying/selling pass thru shares... You could sell all your shares and it would have zero consequence for AM.
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