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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914560 times)
velacreations
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August 23, 2013, 07:04:52 PM
 #11681

Did AM just hit an all-time high for hash rate?


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August 23, 2013, 07:16:50 PM
 #11682

Seen over 70 this morning
velacreations
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August 23, 2013, 07:22:23 PM
 #11683

Seen over 70 this morning

really?  for the main display, which is a 36 hour average?

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August 23, 2013, 07:32:59 PM
 #11684

Oh i'm not quite sure. Could have been at the bottom right...
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August 23, 2013, 07:42:24 PM
 #11685

Oh i'm not quite sure. Could have been at the bottom right...

yeah, I've seen over 100 TH/s on that one.  It's a 12 hour average, so there's a lot of luck involved, and it is nowhere near accurate.

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August 23, 2013, 07:59:45 PM
 #11686

Update

Why has the hashrate dropped the past weeks?
It dropped in different few days. Some of them are internal hardware/network glitches, some of them are luck based. We haven't identified any form of DDOS attacks recently though.


It sounds really strange to me that at this stage of network growth there isn't a regular report of such attacks against ASICMiner or other entities. I expected many people buying up shares and then ddosing the competition.

If there was it would be pretty easy to prevent.  Just don't ever have your mining farm ever talk to the outside world.  Send everything through VPS running bitcoind as a relay.

Mining farm bitcoind ----> relay bitcoind ----> rest of world. 

If things get real bad keep a dozen cheap VPS running bitcoind as an insurance policy.  If a relay node goes down due to DDOS then the mining farm switches to the next one (or two) on it is round robin list.  Given the low frequency of blocks (even 10% of the network is only a block every couple hours) it would take forever to find a DDOS all the relay nodes.
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August 23, 2013, 08:08:47 PM
 #11687

Did AM just hit an all-time high for hash rate?



Anyone know how to contact the site creator?  It would be more useful to show some longer terms.  i.e. if ASICMiner has 50 TH/s deployed how much effective hashing power does it have (including downtime, lost connectivity, orphans, etc).  Something like changing the chart to 6 hours, 24 hours, 7 days would be more useful.
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August 23, 2013, 08:20:24 PM
 #11688

Did AM just hit an all-time high for hash rate?



Anyone know how to contact the site creator?  It would be more useful to show some longer terms.  i.e. if ASICMiner has 50 TH/s deployed how much effective hashing power does it have (including downtime, lost connectivity, orphans, etc).  Something like changing the chart to 6 hours, 24 hours, 7 days would be more useful.

It's SmiGueL: https://bitcointalk.org/index.php?action=profile;u=59002
But he should be around anyway to read this.

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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August 23, 2013, 08:21:28 PM
 #11689

Did AM just hit an all-time high for hash rate?



Anyone know how to contact the site creator?  It would be more useful to show some longer terms.  i.e. if ASICMiner has 50 TH/s deployed how much effective hashing power does it have (including downtime, lost connectivity, orphans, etc).  Something like changing the chart to 6 hours, 24 hours, 7 days would be more useful.


Go up a directory on that site... http://www.asicminercharts.com/  Has all the information you want, and more.  Be sure to tip him too!  The tip address is at the bottom of the page.

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August 23, 2013, 08:28:34 PM
 #11690

AM has had several peaks well over 90 th/s.

Currently, they are hashing at about 53 th/s over the past 24 hours.

http://www.dpcapital.net/blockchain/?hours=1,2,4,8,12
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August 23, 2013, 08:29:50 PM
 #11691

Did AM just hit an all-time high for hash rate?



Anyone know how to contact the site creator?  It would be more useful to show some longer terms.  i.e. if ASICMiner has 50 TH/s deployed how much effective hashing power does it have (including downtime, lost connectivity, orphans, etc).  Something like changing the chart to 6 hours, 24 hours, 7 days would be more useful.

Feel free to use my site -- you can report on whatever timeframe you want:

http://www.dpcapital.net/blockchain/?hours=1,2,4,8,12

Just change the querystring to reflect the timeframe (in hours) that you'd like. You can use as many (or few) samples as you want. The sample timeframe(s) should be separated by commas, as shown in the example above.

Here's some more interesting timeframes to monitor:

Hourly for 24 hours: http://www.dpcapital.net/blockchain/?hours=1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24

Weekly 24 hour samples: http://www.dpcapital.net/blockchain/?hours=24,48,72,96,120,144,168

1 hour average: http://www.dpcapital.net/blockchain/?hours=1

The data goes back to something like June 11th.
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August 23, 2013, 09:34:17 PM
 #11692

AM has had several peaks well over 90 th/s.

Currently, they are hashing at about 53 th/s over the past 24 hours.

http://www.dpcapital.net/blockchain/?hours=1,2,4,8,12
Wow nice. Well glitches happen.

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August 23, 2013, 09:37:29 PM
 #11693

Never stop being amazed at luck spikes. . .if it helps people sleep
VJain
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August 23, 2013, 10:02:51 PM
 #11694

I am dumb and understand nothing of this technical talk, with hashrates and whatever.

But I have 20 BTC invested in AM and am wondering why is value dropping so hard. I am now at half a BTC profit and will probably go in the negative soon. And this shit came at a time I REALLY needed to cash my profit out.  Embarrassed Someone care to ELI5 ?  Undecided

The value is dropping because ASICMINER controls less of the hash share then it did a month (2 months?) ago. It went from having 25-30% network share to having 8-12% share, leading to dividends from mining decreasing quite substantially.

There are the Hardware sales, but Friedcat mentioned they are being held back for the next-gen hardware implementation.

TLDR; Dividends decreased? SELL SELL SELL!

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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August 23, 2013, 10:33:45 PM
 #11695

I am dumb and understand nothing of this technical talk, with hashrates and whatever.

But I have 20 BTC invested in AM and am wondering why is value dropping so hard. I am now at half a BTC profit and will probably go in the negative soon. And this shit came at a time I REALLY needed to cash my profit out.  Embarrassed Someone care to ELI5 ?  Undecided

The value is dropping because ASICMINER controls less of the hash share then it did a month (2 months?) ago. It went from having 25-30% network share to having 8-12% share, leading to dividends from mining decreasing quite substantially.

There are the Hardware sales, but Friedcat mentioned they are being held back for the next-gen hardware implementation.

TLDR; Dividends decreased? SELL SELL SELL!

Lots of weak hands getting out of AM due to the historically low dividends along with a lot of competition springing up. The future of AM is fuzzy. If the 2nd generation chips are competitive with the network then we might see AM spring back up to holding a significant portion of the network AND turn over a significant amount of hardware sales. That'd all be good for dividends and potentially secure AM's future until a '3rd' generation of chips hits the network.
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August 23, 2013, 10:37:59 PM
 #11696

There will be an uptick in AM once Gen2 is being deployed and sold. After that anything can happen. Mining is turning into an epic battle for a 0 sum endgame. Expect razor thin margins for the mining companies that survive. Personally I believe AM will be among them but the honeymoon is over.
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August 23, 2013, 10:53:43 PM
 #11697

After sticking with him for quite a while I just bet that he has a huge move planned...I can sense it coming.

Perhaps a second data center is being set up, perhaps something else...whatever the news is it will be something so huge that we will all be shocked.


You've got to remember the huge headstart, and the chip manufacturing advantage they have.

To think that they don't give a shit about the share price after the IPO is naive....I would say they suffer more than anyone when the price drops and the value of their nest egg is at risk.

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August 23, 2013, 11:41:52 PM
 #11698

After sticking with him for quite a while I just bet that he has a huge move planned...I can sense it coming.

Perhaps a second data center is being set up, perhaps something else...whatever the news is it will be something so huge that we will all be shocked.


You've got to remember the huge headstart, and the chip manufacturing advantage they have.

To think that they don't give a shit about the share price after the IPO is naive....I would say they suffer more than anyone when the price drops and the value of their nest egg is at risk.

+1. I think friedcat has a few tricks up his sleeve and I like the risk/reward much better around 3 than I did at 4.x.

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August 24, 2013, 12:49:38 AM
 #11699

After sticking with him for quite a while I just bet that he has a huge move planned...I can sense it coming.

Perhaps a second data center is being set up, perhaps something else...whatever the news is it will be something so huge that we will all be shocked.


You've got to remember the huge headstart, and the chip manufacturing advantage they have.

To think that they don't give a shit about the share price after the IPO is naive....I would say they suffer more than anyone when the price drops and the value of their nest egg is at risk.

+1. I think friedcat has a few tricks up his sleeve and I like the risk/reward much better around 3 than I did at 4.x.

Is someone buying back in?  Tongue
bitbytes
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August 24, 2013, 12:54:46 AM
 #11700

Took me long enough to put it all together but finally realized that Bitfury is the next Asicminer, not Lab or Active or Garden:

1. ASIC chips based on 55nm

2. Chips already shipping and miners shipping or soon to ship

3. Self mining at 78Th/s, blowing away AM's 48Th/s right now

Plus, as an added bonus, no pesky public shareholders who pester for more information or with whom to share dividends.
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