jimmothy
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December 01, 2013, 03:27:36 AM |
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Let's not forget BitFury and KnC.
I would consider them the only real competition as of now.
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Vycid
Sr. Member
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December 01, 2013, 04:04:03 AM |
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... The attitude about competition is just as complacent as it was before players like HashFast and Cointerra showed up. Since then we've gone up another order of magnitude in price and it's expected the quality of the competition is going to go up another order of magnitude.
HashFast and Cointerra is quality competition? Compared to Avalon and BFL? Yes. Is this a serious question? Have either Hashfast or Cointerra produced a working asic? Until then we can assume they are no different than BFL. If they haven't stolen peoples' money yet they're better than BFL. Getting into the "no better than BFL" club requires effort.
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WillBit
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December 01, 2013, 04:09:02 AM |
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Pulled the rest of my money out and throwing it on QuarkCoins.
I'll buy back into ASICMINER once it dips low for it's stability. You know you're deep into Bitcoin when you consider ASICMINER to be a low-risk, stable investment.
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jimmothy
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December 01, 2013, 04:20:45 AM |
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Pulled the rest of my money out and throwing it on QuarkCoins.
I'll buy back into ASICMINER once it dips low for it's stability. You know you're deep into Bitcoin when you consider ASICMINER to be a low-risk, stable investment.
AM is the lowest risk investment in the bitcoin world at the moment. The quarkcoin bubble is going to pop once the pump and dumpers decide the price is right. If they haven't stolen peoples' money yet they're better than BFL.
Getting into the "no better than BFL" club requires effort.
Not sure how BFL stole peoples money. They had pre-orders for a product that didn't exist which is exactly what we see with hashfast/cointerra. We all thought BFL was going to deliver because of their bold promises. So far hashfast/cointerra are on the same exact path as BFL. Hopefully they don't end up with the same result. It is entirely possible they deliver on time, while meeting advertised hardware performance, but it is also entirely possible they fail just as bad as BFL or worse.
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Vycid
Sr. Member
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December 01, 2013, 04:30:22 AM |
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Pulled the rest of my money out and throwing it on QuarkCoins.
I'll buy back into ASICMINER once it dips low for it's stability. You know you're deep into Bitcoin when you consider ASICMINER to be a low-risk, stable investment.
AM is the lowest risk investment in the bitcoin world at the moment. The quarkcoin bubble is going to pop once the pump and dumpers decide the price is right. If they haven't stolen peoples' money yet they're better than BFL.
Getting into the "no better than BFL" club requires effort.
Not sure how BFL stole peoples money. They had pre-orders for a product that didn't exist which is exactly what we see with hashfast/cointerra. We all thought BFL was going to deliver because of their bold promises. So far hashfast/cointerra are on the same exact path as BFL. Hopefully they don't end up with the same result. It is entirely possible they deliver on time, while meeting advertised hardware performance, but it is also entirely possible they fail just as bad as BFL or worse. BFL did not offer refunds on preorders after over a year of failing to deliver.
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jimmothy
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December 01, 2013, 04:33:17 AM |
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Pulled the rest of my money out and throwing it on QuarkCoins.
I'll buy back into ASICMINER once it dips low for it's stability. You know you're deep into Bitcoin when you consider ASICMINER to be a low-risk, stable investment.
AM is the lowest risk investment in the bitcoin world at the moment. The quarkcoin bubble is going to pop once the pump and dumpers decide the price is right. If they haven't stolen peoples' money yet they're better than BFL.
Getting into the "no better than BFL" club requires effort.
Not sure how BFL stole peoples money. They had pre-orders for a product that didn't exist which is exactly what we see with hashfast/cointerra. We all thought BFL was going to deliver because of their bold promises. So far hashfast/cointerra are on the same exact path as BFL. Hopefully they don't end up with the same result. It is entirely possible they deliver on time, while meeting advertised hardware performance, but it is also entirely possible they fail just as bad as BFL or worse. BFL did not offer refunds on preorders after over a year of failing to deliver. Not exactly the same as stealing but bullshit nonetheless. Still no proof hashfast/cointerra wont do the same.
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Vycid
Sr. Member
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♫ the AM bear who cares ♫
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December 01, 2013, 04:38:39 AM |
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Pulled the rest of my money out and throwing it on QuarkCoins.
I'll buy back into ASICMINER once it dips low for it's stability. You know you're deep into Bitcoin when you consider ASICMINER to be a low-risk, stable investment.
AM is the lowest risk investment in the bitcoin world at the moment. The quarkcoin bubble is going to pop once the pump and dumpers decide the price is right. If they haven't stolen peoples' money yet they're better than BFL.
Getting into the "no better than BFL" club requires effort.
Not sure how BFL stole peoples money. They had pre-orders for a product that didn't exist which is exactly what we see with hashfast/cointerra. We all thought BFL was going to deliver because of their bold promises. So far hashfast/cointerra are on the same exact path as BFL. Hopefully they don't end up with the same result. It is entirely possible they deliver on time, while meeting advertised hardware performance, but it is also entirely possible they fail just as bad as BFL or worse. BFL did not offer refunds on preorders after over a year of failing to deliver. Not exactly the same as stealing but bullshit nonetheless. Still no proof hashfast/cointerra wont do the same. Ah, the ostrich investing method. I like it.
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jimmothy
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December 01, 2013, 04:47:05 AM |
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Ah, the ostrich investing method. I like it.
Never heard this term used. Care to explain?
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Vycid
Sr. Member
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♫ the AM bear who cares ♫
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December 01, 2013, 05:05:56 AM |
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Ah, the ostrich investing method. I like it.
Never heard this term used. Care to explain? If you stick your head in the sand there's no danger.
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jimmothy
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December 01, 2013, 05:38:26 AM |
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Ah, the ostrich investing method. I like it.
Never heard this term used. Care to explain? If you stick your head in the sand there's no danger. Nah I just don't consider preorders to be anything but a dick in the mouth of consumers..
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conspirosphere.tk
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Bitcoin is antisemitic
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December 01, 2013, 03:42:09 PM |
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HashFast and Cointerra is quality competition?
Compared to Avalon and BFL? Yes. Is this a serious question? Have either Hashfast or Cointerra produced a working asic? Until then we can assume they are no different than BFL. So where does the network hashrate comes from? Mars? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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CMMPro
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December 02, 2013, 02:41:24 AM |
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Nope....Jupiter and Saturn at the end of Oct to the tune of 3.8 PH, and next will be 1200 Neptune devices @ 3TH each for another 3.6 PH by early next year...maybe April or May.
Mars? Who makes that one? Lol.
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bitcoin.newsfeed
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December 02, 2013, 05:15:41 PM |
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Nope....Jupiter and Saturn at the end of Oct to the tune of 3.8 PH, and next will be 1200 Neptune devices @ 3TH each for another 3.6 PH by early next year...maybe April or May.
Mars? Who makes that one? Lol.
So speculation is that the network hashrate will be ~15-20 PH on April 2014 ? Friedcat is counting with 1000PH when gen3 come online in "hundreds of PH" also around April.
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... Question Everything, Believe Nothing ...
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jimmothy
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December 02, 2013, 10:07:10 PM |
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Nope....Jupiter and Saturn at the end of Oct to the tune of 3.8 PH, and next will be 1200 Neptune devices @ 3TH each for another 3.6 PH by early next year...maybe April or May.
Mars? Who makes that one? Lol.
So speculation is that the network hashrate will be ~15-20 PH on April 2014 ? Friedcat is counting with 1000PH when gen3 come online in "hundreds of PH" also around April. A 20ph network is going to dissapoint FC..
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binaryFate
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December 02, 2013, 11:21:58 PM |
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Friedcat is counting with 1000PH
I think you're confusing with FC stating (in the interview with the chinese girl) that AM had made 1000TH/s of hardware already, either sold or mining "in the house". This is a known translation error that got transformed in "FC sees 1000PH/s in 2014" when the video came out. And this has been explained many times already. If you are sure of what you say, could you provide a source? when gen3 come online in "hundreds of PH" also around April.
Source?
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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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jimmothy
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December 02, 2013, 11:31:37 PM |
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Friedcat is counting with 1000PH
I think you're confusing with FC stating (in the interview with the chinese girl) that AM had made 1000TH/s of hardware already, either sold or mining "in the house". This is a known translation error that got transformed in "FC sees 1000PH/s in 2014" when the video came out. And this has been explained many times already. If you are sure of what you say, could you provide a source? when gen3 come online in "hundreds of PH" also around April.
Source? Interview says FC thinks network hashrate will be 1000ph and he will provide several hundred. Source: interview
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binaryFate
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Still wild and free
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December 02, 2013, 11:36:00 PM |
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Friedcat is counting with 1000PH
I think you're confusing with FC stating (in the interview with the chinese girl) that AM had made 1000TH/s of hardware already, either sold or mining "in the house". This is a known translation error that got transformed in "FC sees 1000PH/s in 2014" when the video came out. And this has been explained many times already. If you are sure of what you say, could you provide a source? when gen3 come online in "hundreds of PH" also around April.
Source? Interview says FC thinks network hashrate will be 1000ph and he will provide several hundred. Source: interview Did you read my entire post before posting or?...
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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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jimmothy
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December 02, 2013, 11:38:29 PM |
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Friedcat is counting with 1000PH
I think you're confusing with FC stating (in the interview with the chinese girl) that AM had made 1000TH/s of hardware already, either sold or mining "in the house". This is a known translation error that got transformed in "FC sees 1000PH/s in 2014" when the video came out. And this has been explained many times already. If you are sure of what you say, could you provide a source? when gen3 come online in "hundreds of PH" also around April.
Source? Interview says FC thinks network hashrate will be 1000ph and he will provide several hundred. Source: interview Did you read my entire post before posting or?... http://v.youku.com/v_show/id_XNjI1OTIxMTc2.htmlOne of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months. To be short: 1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then. 2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance. 3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.
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binaryFate
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December 02, 2013, 11:44:19 PM |
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Friedcat is counting with 1000PH
I think you're confusing with FC stating (in the interview with the chinese girl) that AM had made 1000TH/s of hardware already, either sold or mining "in the house". This is a known translation error that got transformed in "FC sees 1000PH/s in 2014" when the video came out. And this has been explained many times already. If you are sure of what you say, could you provide a source? when gen3 come online in "hundreds of PH" also around April.
Source? Interview says FC thinks network hashrate will be 1000ph and he will provide several hundred. Source: interview Did you read my entire post before posting or?... http://v.youku.com/v_show/id_XNjI1OTIxMTc2.htmlOne of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months. To be short: 1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then. 2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance. 3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it. As I said, there was a translation error. Just scroll up, but if you don't find it Ctrl-F "This is a known translation error that got transformed". Basically you've just quoted the first version of the translation, which is not accurate according to follow-up comments in the next days.
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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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SebastianJu
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Legendary Escrow Service - Tip Jar in Profile
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December 02, 2013, 11:47:41 PM |
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Friedcat is counting with 1000PH
I think you're confusing with FC stating (in the interview with the chinese girl) that AM had made 1000TH/s of hardware already, either sold or mining "in the house". This is a known translation error that got transformed in "FC sees 1000PH/s in 2014" when the video came out. And this has been explained many times already. If you are sure of what you say, could you provide a source? when gen3 come online in "hundreds of PH" also around April.
Source? Interview says FC thinks network hashrate will be 1000ph and he will provide several hundred. Source: interview Did you read my entire post before posting or?... http://v.youku.com/v_show/id_XNjI1OTIxMTc2.htmlOne of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months. To be short: 1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then. 2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance. 3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it. As I said, there was a translation error. Just scroll up, but if you don't find it Ctrl-F "This is a known translation error that got transformed". Basically you've just quoted the first version of the translation, which is not accurate according to follow-up comments in the next days. The translation error was at point 1. 1000TH will be deployed by asicminer then in total. Not additional in november. The 1000p werent a translation error. What i dont see is how friedcat, when tapeout is end of january, will bring online 100PH so fast...
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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