Bitcoin Forum
December 07, 2022, 11:46:02 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 [549] 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914570 times)
stslimited
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile
August 10, 2013, 03:39:53 AM
 #10961

after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?


currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating
1670456762
Hero Member
*
Offline Offline

Posts: 1670456762

View Profile Personal Message (Offline)

Ignore
1670456762
Reply with quote  #2

1670456762
Report to moderator
1670456762
Hero Member
*
Offline Offline

Posts: 1670456762

View Profile Personal Message (Offline)

Ignore
1670456762
Reply with quote  #2

1670456762
Report to moderator
1670456762
Hero Member
*
Offline Offline

Posts: 1670456762

View Profile Personal Message (Offline)

Ignore
1670456762
Reply with quote  #2

1670456762
Report to moderator
Whoever mines the block which ends up containing your transaction will get its fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1670456762
Hero Member
*
Offline Offline

Posts: 1670456762

View Profile Personal Message (Offline)

Ignore
1670456762
Reply with quote  #2

1670456762
Report to moderator
Transisto
Donator
Legendary
*
Offline Offline

Activity: 1731
Merit: 1001



View Profile WWW
August 10, 2013, 04:32:45 AM
 #10962

after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?


currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating
FYI, AMD is producing it's chips in the same foundry as BFL  ... GloFo

A well made 55nm chip could end up being much more profitable than a 28nm chip that cost more and is ,for example, 6 month late.
Vycid
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


♫ the AM bear who cares ♫


View Profile
August 10, 2013, 04:34:59 AM
 #10963

after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?


currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating

This is a ludicrous sentiment. Mining revenues are about $100M a year. AMD's yearly revenue, across all products, is only a little north of a billion. It would definitely be on their radar, since they could grab almost the whole market with little investment. By the way: companies don't ignore sectors just because they're only ~10% of their revenue. If that was true, GE and HP would never release new products. But we see them buying up little companies and launching products all the time.

However, the proposition is even BETTER for Intel, who, unlike AMD, already owns the fabs needed to crank out some chips and keep the cost of dominating mining extremely low (AMD has to contract out, so they've got an economy of scale issue that Intel doesn't).

The real reason that neither AMD or Intel has made a move is that they're both uncertain of the legality of Bitcoin mining, and the tax implications. Even $100M isn't worth taking a legal risk. That's all there is to it.

lano1106
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile WWW
August 10, 2013, 05:03:15 AM
 #10964

after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?


currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating

This is a ludicrous sentiment. Mining revenues are about $100M a year. AMD's yearly revenue, across all products, is only a little north of a billion. It would definitely be on their radar, since they could grab almost the whole market with little investment. By the way: companies don't ignore sectors just because they're only ~10% of their revenue. If that was true, GE and HP would never release new products. But we see them buying up little companies and launching products all the time.

However, the proposition is even BETTER for Intel, who, unlike AMD, already owns the fabs needed to crank out some chips and keep the cost of dominating mining extremely low (AMD has to contract out, so they've got an economy of scale issue that Intel doesn't).

The real reason that neither AMD or Intel has made a move is that they're both uncertain of the legality of Bitcoin mining, and the tax implications. Even $100M isn't worth taking a legal risk. That's all there is to it.

Also, these companies are certainly controlled by institutionnal investors that have a lot to lose by a fiat monetary system alternatives

BTC: 1ABewnrZgCds7w9RH43NwMHX5Px6ex5uNR
Vycid
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


♫ the AM bear who cares ♫


View Profile
August 10, 2013, 05:10:08 AM
 #10965

after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?


currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating

This is a ludicrous sentiment. Mining revenues are about $100M a year. AMD's yearly revenue, across all products, is only a little north of a billion. It would definitely be on their radar, since they could grab almost the whole market with little investment. By the way: companies don't ignore sectors just because they're only ~10% of their revenue. If that was true, GE and HP would never release new products. But we see them buying up little companies and launching products all the time.

However, the proposition is even BETTER for Intel, who, unlike AMD, already owns the fabs needed to crank out some chips and keep the cost of dominating mining extremely low (AMD has to contract out, so they've got an economy of scale issue that Intel doesn't).

The real reason that neither AMD or Intel has made a move is that they're both uncertain of the legality of Bitcoin mining, and the tax implications. Even $100M isn't worth taking a legal risk. That's all there is to it.

Also, these companies are certainly controlled by institutionnal investors that have a lot to lose by a fiat monetary system alternatives

That's got nothing to do with it. Bitcoin doesn't need Intel or AMD, so avoiding the bitcoin mining sector does nothing except cost potential profit.

And if institutional investors really considered Bitcoin a credible threat, it'd have been 51% attacked to death by now. Since they 'control those companies', remember?

ShroomsKit
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
August 10, 2013, 09:51:24 AM
 #10966

after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?


currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating

Did you just pull that out of your ass?

Its price is not a very relevant factor in its adoption....
JordanL
Donator
Sr. Member
*
Offline Offline

Activity: 294
Merit: 250



View Profile
August 10, 2013, 11:12:31 AM
 #10967

Gigahash Giveaway: Predict Next Week's ASICMINER Dividends and Win 3 Block Erupter USBs from 2ASIC.com


Good luck everyone!
Xendrios
Full Member
***
Offline Offline

Activity: 212
Merit: 100



View Profile WWW
August 10, 2013, 11:25:32 AM
 #10968


"three ASICMINER Block Erupter USBs that mine for Bitcoins at 334 GH/s each!"

Isn't it 334 MH/s each?

Sell or buy items at bitcoin247sales.com - flatrate fees - cheapest around!
Post feedback at https://bitcointalk.org/index.php?topic=328169.0
JordanL
Donator
Sr. Member
*
Offline Offline

Activity: 294
Merit: 250



View Profile
August 10, 2013, 11:37:03 AM
 #10969


"three ASICMINER Block Erupter USBs that mine for Bitcoins at 334 GH/s each!"

Isn't it 334 MH/s each?

Thank you for pointing out this typo! Tip address?
Xendrios
Full Member
***
Offline Offline

Activity: 212
Merit: 100



View Profile WWW
August 10, 2013, 12:13:15 PM
 #10970


"three ASICMINER Block Erupter USBs that mine for Bitcoins at 334 GH/s each!"

Isn't it 334 MH/s each?

Thank you for pointing out this typo! Tip address?

You're welcome!

14ajMLiVuvh9xNcMXF1i9kYAPdvoLCSM1s

thanks alot!

Sell or buy items at bitcoin247sales.com - flatrate fees - cheapest around!
Post feedback at https://bitcointalk.org/index.php?topic=328169.0
JordanL
Donator
Sr. Member
*
Offline Offline

Activity: 294
Merit: 250



View Profile
August 10, 2013, 12:33:34 PM
 #10971


"three ASICMINER Block Erupter USBs that mine for Bitcoins at 334 GH/s each!"

Isn't it 334 MH/s each?

Thank you for pointing out this typo! Tip address?

You're welcome!

14ajMLiVuvh9xNcMXF1i9kYAPdvoLCSM1s

thanks alot!

Tip sent, cheers.   :-)

Thanks again.
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2937


Terminated.


View Profile WWW
August 10, 2013, 12:53:52 PM
 #10972

Only 11k replies to go through..

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
narayan
Member
**
Offline Offline

Activity: 98
Merit: 10


I do not sell Bitcoins. I sell SHA256(SHA256()).


View Profile
August 10, 2013, 12:57:31 PM
 #10973

Purchased my first ASICMINER share. Let it rally!

BTC: 1PiPooLvcEoBLuXBHbwUnN5rShs2nas223
LTC: LRq7YPMDoERSZcte9ZPNHQkUbfiPsY55VM
lophie
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1001

Unlimited Free Crypto


View Profile
August 10, 2013, 01:30:24 PM
 #10974

Purchased my first ASICMINER share. Let it rally!

Is this a message from the past?

Will take me a while to climb up again, But where is a will, there is a way...
kleeck
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


https://karatcoin.co


View Profile
August 10, 2013, 01:49:56 PM
 #10975

Purchased my first ASICMINER share. Let it rally!

Is this a message from the past?

Nope. Some of us got into AM @ ~3.5 knowing it would rise to at least 4 by next div. I can't say these were my first shares in AM, though. Smiley

I'm sure many others are utilizing the low AM share price for short term gains.


  █ █████       ▄████▀▄██▀
  █ █████     ▄████▀███▀
  █ █████    ████▀███▀
  █ █████  ▄███▀███▓
  █ █████▄███▀████▀
  █ ███████▀████▀
  █ █████▀▄█████▄
  █ ███▀▄█████████▄
  █ █▀▄██ ▀█████████▄
  █ ▄████   ▀███████▀█▄   
  █ █████     ▀███▀▄████▄
  █ █████       ▀▄████████▄
                   
                    █████                   
                ▄███  █  ███▄               
             ███      █      ███             
         ▄███         █         ███▄         
       ██    ███████████████████    ██       
    ████            ██ ██            ████   
    ██             █     █             ██   
    █ █           █       █           █ █   
    █ ██         █         █         ██ █   
    █  ██      ██           ██      ██  █   
    █   ██    ██             ██    ██   █   
    █    ██  ██               ██  ██    █   
    █     █ ██                 ██ █     █   
    █     █████████████████████████     █   
    █  ███  ██                 ██  ███  █   
    ███       █               █       ███   
      ███      ██           ██      ███     
         ███     █         █     ███         
            ▀███  ██     ██  ███▀           
                ▀████   ████▀               
▀███▀
                 
██
██
██
██
██
██
██
██
██
██
██
██
██
JimiQ84
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
August 10, 2013, 02:14:22 PM
 #10976

According to group buys new price for USB miner is .35 and for old blade 12BTC
Voodah
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
August 10, 2013, 05:02:06 PM
 #10977

Purchased my first ASICMINER share. Let it rally!

Is this a message from the past?

Nope. Some of us got into AM @ ~3.5 knowing it would rise to at least 4 by next div. I can't say these were my first shares in AM, though. Smiley

I'm sure many others are utilizing the low AM share price for short term gains.

Yup.
freedomno1
Legendary
*
Offline Offline

Activity: 1736
Merit: 1070


Learning the troll avoidance button :)


View Profile WWW
August 10, 2013, 08:03:55 PM
 #10978


WOOT!
And so it begins also on the 2asic page
WE ARE EXPECTING TO HAVE PRODUCTS IN-HAND AND READY TO SHIP DURING THE WEEK OF JULY 29, 2013 OR AUGUST 5th, 2013. WE WILL NOT BEGIN ACCEPTING SALES UNTIL WE HAVE THE HARDWARE AVAILABLE FOR IMMEDIATE SHIPPING.

Should it be modified today is August 10  Wink
JordanL
Donator
Sr. Member
*
Offline Offline

Activity: 294
Merit: 250



View Profile
August 10, 2013, 08:18:04 PM
 #10979


WOOT!
And so it begins also on the 2asic page
WE ARE EXPECTING TO HAVE PRODUCTS IN-HAND AND READY TO SHIP DURING THE WEEK OF JULY 29, 2013 OR AUGUST 5th, 2013. WE WILL NOT BEGIN ACCEPTING SALES UNTIL WE HAVE THE HARDWARE AVAILABLE FOR IMMEDIATE SHIPPING.

Should it be modified today is August 10  Wink


Technically, depending on how you look at it, tomorrow is still the week of the 5th.    Roll Eyes

In all seriousness, thanks for the heads' up.   Grin
freedomno1
Legendary
*
Offline Offline

Activity: 1736
Merit: 1070


Learning the troll avoidance button :)


View Profile WWW
August 10, 2013, 08:19:51 PM
 #10980


WOOT!
And so it begins also on the 2asic page
WE ARE EXPECTING TO HAVE PRODUCTS IN-HAND AND READY TO SHIP DURING THE WEEK OF JULY 29, 2013 OR AUGUST 5th, 2013. WE WILL NOT BEGIN ACCEPTING SALES UNTIL WE HAVE THE HARDWARE AVAILABLE FOR IMMEDIATE SHIPPING.

Should it be modified today is August 10  Wink


Technically, depending on how you look at it, tomorrow is still the week of the 5th.    Roll Eyes

In all seriousness, thanks for the heads' up.   Grin

Oh touche I should have waited till the 13th XD
And no probs Smiley
Pages: « 1 ... 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 [549] 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 ... 1348 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!