Bitcoin Forum
December 07, 2022, 10:47:46 PM *
News: Bitcointalk Community Awards
 
   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 ... 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] 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914570 times)
OneBTCJay
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
August 21, 2013, 09:46:01 PM
 #11501

Anyone else notice the hashrate climbing the past day?

Was at 8% and now is at 12% according to http://blockchain.info/pools

What is the planned target hashrate for the soon to be added hardware?
1670453266
Hero Member
*
Offline Offline

Posts: 1670453266

View Profile Personal Message (Offline)

Ignore
1670453266
Reply with quote  #2

1670453266
Report to moderator
1670453266
Hero Member
*
Offline Offline

Posts: 1670453266

View Profile Personal Message (Offline)

Ignore
1670453266
Reply with quote  #2

1670453266
Report to moderator
"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1670453266
Hero Member
*
Offline Offline

Posts: 1670453266

View Profile Personal Message (Offline)

Ignore
1670453266
Reply with quote  #2

1670453266
Report to moderator
aahzmundus
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Invest & Earn: https://cloudthink.io


View Profile
August 21, 2013, 09:48:15 PM
 #11502

Anyone else notice the hashrate climbing the past day?

Was at 8% and now is at 12% according to http://blockchain.info/pools

What is the planned target hashrate for the soon to be added hardware?

It is a hashrate estimate... it is possible we are just getting lucky finding blocks / were unlucky before.  Target has always been 10% of the network, although historically we were much higher.  Why were we higher?  Because Friedcat knew he needed to get ahead when he could, so when he fell he fell back to the Target, and not far below it.

eleuthria
Legendary
*
Offline Offline

Activity: 1750
Merit: 1007



View Profile
August 21, 2013, 10:15:37 PM
 #11503

Anyone else notice the hashrate climbing the past day?

Was at 8% and now is at 12% according to http://blockchain.info/pools

What is the planned target hashrate for the soon to be added hardware?

It is a hashrate estimate... it is possible we are just getting lucky finding blocks / were unlucky before.  Target has always been 10% of the network, although historically we were much higher.  Why were we higher?  Because Friedcat knew he needed to get ahead when he could, so when he fell he fell back to the Target, and not far below it.

Don't forget that the initial deployments were put into production assuming there would already be competing products on the market, which meant ASICMINER heavily over-shot the target percentage of the network.  ASICMINER was planned to come out *after* BFL and Avalon deployment, and ended up beating both to the punch (the only other ASICs that existed at the time were the units given to jgarzik and Bitcoin Foundation).

RIP BTC Guild, April 2011 - June 2015
ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
August 21, 2013, 10:25:50 PM
 #11504

Just popping in with an update that I've been flying all day and that's why I haven't paid out our various TATI AM PT divs as quickly as usual.

I'm back and catching up now.
Vycid
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


♫ the AM bear who cares ♫


View Profile
August 21, 2013, 10:26:54 PM
 #11505

@canth
I'm loving the shakeup. I got back onboard at 3.7 - and after seeing everyone freak out about low divs or other IPOs, I am glad to see the weak hands leave the boat.
In the end, some play it speculatively, others invest.

Yup - I've got no problem with the panic sells (of a few shares). The real price for any share is what you can sell > 0.1% of the shares for, in the case of AM at least 400. I don't remember seeing more than a few shares go for over 5 BTC nor do I think that anyone would sell 400 shares for under 3.5 BTC today. It's funny because this scenario is even more exaggerated on other stocks that don't frequently trade as much volume as AM does. Then people REALLY freak when the price plunges or takes off, even though only a few shares traded hands.

In general, as much as the prices fluctuate and as much as there's a noisy minority of disruptive shareholders posting incendiary crap, the majority of investors seem comfortable to buy and hold. If they didn't, the share volume traded would be much higher. I'm looking forward to seeing what kind of an operation Friedcat (and his competition) will be running in 6-12 months or more.

There is an fixed price auction @2.9 with over 1000 shares:

https://bitcointalk.org/index.php?topic=279016.0

Hey, is 1000 more than 400?

MrMochi
Newbie
*
Offline Offline

Activity: 49
Merit: 0



View Profile
August 21, 2013, 10:43:02 PM
 #11506

Hey, is 1000 more than 400?

Haha even though my blood is in the streets that comment had me laughing.
Well played on all fronts.
lophie
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1001

Unlimited Free Crypto


View Profile
August 21, 2013, 10:51:20 PM
 #11507

I have tears in my eyes because I don't have coins to buy those shares....... Lets just see the divs and update and then the flood will come....

Will take me a while to climb up again, But where is a will, there is a way...
canth
Legendary
*
Offline Offline

Activity: 1442
Merit: 1001



View Profile
August 21, 2013, 10:51:54 PM
 #11508


There is an fixed price auction @2.9 with over 1000 shares:

https://bitcointalk.org/index.php?topic=279016.0

Hey, is 1000 more than 400?

Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.

bobboooiie
Hero Member
*****
Offline Offline

Activity: 656
Merit: 500



View Profile
August 21, 2013, 10:53:15 PM
 #11509

He downed the price to 2.7
Vycid
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


♫ the AM bear who cares ♫


View Profile
August 21, 2013, 10:58:40 PM
 #11510


There is an fixed price auction @2.9 with over 1000 shares:

https://bitcointalk.org/index.php?topic=279016.0

Hey, is 1000 more than 400?

Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.

You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here.

Kouye
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


Cuddling, censored, unicorn-shaped troll.


View Profile
August 21, 2013, 11:03:01 PM
 #11511

Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.
If he was an early buyer, that's not that bad of a move, I think. He probably reached ROI from dividends and is just cashing in some huge benefits now.
Which makes me sad with my 2 shares bought for 4.7 each. Grin
I don't care, I was willing to be part of the mining effort, without the hassle.
And while FC manages to keep a decent part of the global mining rate, I'm staying.
Not to get rich. Just to add my puny power, to help bitcoin blowing banks away.


[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
tinus42
Hero Member
*****
Offline Offline

Activity: 784
Merit: 501



View Profile
August 21, 2013, 11:03:21 PM
 #11512


There is an fixed price auction @2.9 with over 1000 shares:

https://bitcointalk.org/index.php?topic=279016.0

Hey, is 1000 more than 400?

Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.

You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here.

Correction: one whale doesn't believe in it anymore or he needs funds desperately for some reason. Don't see any other mass dumping on the Auctions board.
canth
Legendary
*
Offline Offline

Activity: 1442
Merit: 1001



View Profile
August 21, 2013, 11:03:34 PM
 #11513


You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here.

Well, in this one transaction we're talking about 1000 * 2.7BTC or ~ $297,000 at today's prices. I'd say he's giving up about $100K by not waiting until the price bounces back, but time will tell if the millions get dumped, as you suggest they will.

canth
Legendary
*
Offline Offline

Activity: 1442
Merit: 1001



View Profile
August 21, 2013, 11:06:24 PM
 #11514

Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.
If he was an early buyer, that's not that bad of a move, I think. He probably reached ROI from dividends and is just cashing in some huge benefits now.
Which makes me sad with my 2 shares bought for 4.7 each. Grin
I don't care, I was willing to be part of the mining effort, without the hassle.
And while FC manages to keep a decent part of the global mining rate, I'm staying.
Not to get rich. Just to add my puny power, to help bitcoin blowing banks away.


I bought the majority of shares between 1.5 and 2.5 and dumped 50% when it reached the high 4s - I've made enough profit that about the worst I can do is break even if AM plunges to near zero. I agree, there are definitely all kinds of reasons for entry and exit points into the market.

tinus42
Hero Member
*****
Offline Offline

Activity: 784
Merit: 501



View Profile
August 21, 2013, 11:08:33 PM
 #11515

Worse, he just dropped the price to 2.7 BTC. I admit - I'm surprised it's that low and I predict that they get snapped up in < 24 hours. It feels like a forced sell due to needing funds in a short period of time.
If he was an early buyer, that's not that bad of a move, I think. He probably reached ROI from dividends and is just cashing in some huge benefits now.
Which makes me sad with my 2 shares bought for 4.7 each. Grin
I don't care, I was willing to be part of the mining effort, without the hassle.
And while FC manages to keep a decent part of the global mining rate, I'm staying.
Not to get rich. Just to add my puny power, to help bitcoin blowing banks away.



Bought at resp. 2.52 and 3.70. But would love to be able to buy one of those shares at 2.7 if I had the BTC.

As the Stones sung: You can't always get what you want.  Wink
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
August 21, 2013, 11:35:03 PM
 #11516

The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares!

Clever scare tactic? Smiley
Vycid
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


♫ the AM bear who cares ♫


View Profile
August 21, 2013, 11:35:52 PM
 #11517


You'd better start assimilating new information before it's too late. There is a reason somebody would dump millions USD at 'below market'- he knows it won't sell at current prices. The whales don't believe in AM anymore and there was never 160M of value here.

Well, in this one transaction we're talking about 1000 * 2.7BTC or ~ $297,000 at today's prices. I'd say he's giving up about $100K by not waiting until the price bounces back, but time will tell if the millions get dumped, as you suggest they will.

You are absolutely correct, that was an embarrassing order-of-magnitude error on my part.

Still, someone has been filling all the buy orders every night. Big players want their profits. I will be entirely unsurprised if we see 5000+ shares for sale shortly.

freedomno1
Legendary
*
Offline Offline

Activity: 1736
Merit: 1070


Learning the troll avoidance button :)


View Profile WWW
August 21, 2013, 11:40:50 PM
 #11518

Ok thats bull right there auction closed again
Markets going to reel on this one
https://bitcointalk.org/index.php?topic=279016.msg2980374#msg2980374

(On a sidenote Geez honor your own auction threads)
keeron
Full Member
***
Offline Offline

Activity: 180
Merit: 100


View Profile
August 21, 2013, 11:54:34 PM
 #11519

The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares!

Clever scare tactic? Smiley

Just taking PM offers... but that is definitely scaring folks like us who want to eat popcorn and enjoy the show (oh and cry a little with all those shares that I brought a little while ago)
Vycid
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


♫ the AM bear who cares ♫


View Profile
August 21, 2013, 11:56:58 PM
 #11520

The 1000+ shares for 2.7 BTC guy locked the thread. That makes the whole situation seem very bearish since he is offering a great deal and no one "appears" to want the shares!

Clever scare tactic? Smiley

Yeah, maybe.

Is there any way to find out if that guy actually owns direct shares?

Pages: « 1 ... 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] 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 ... 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!