Bitcoin Forum
November 26, 2022, 08:03:48 PM *
News: Reminder: do not keep your money in online accounts
 
   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.

Pages: « 1 ... 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] 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914546 times)
SebastianJu
Legendary
*
Offline Offline

Activity: 2674
Merit: 1076


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
August 26, 2013, 12:06:45 PM
 #11861

Maybe it was a strategic placement to stop the shareprice from falling?
I mean its not important to friedcat what a share is priced

What?Huh What the fuck are you talking about?!

Why should he? The shares were only to create the company. He owns a lot of it but only to own the companies earnings this way. He cant sell them without crashing the price. If friedcat would sell this would be a very bad sign. So in my opinion he never thought of his shares value since the only thing matters for him are the company itself and the part of the earnings he gets.
So why should he care now about the shareprice? He only would because of his shareholders. But the shareprice does change nothing for the company. It will still mine, it will still create the same earnings. So the shareprice is something he only would care because of his shareholders.
And the connections that exist between the shareprice of normal stock exchange securities and the companies profit are not existing here.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
1669493028
Hero Member
*
Offline Offline

Posts: 1669493028

View Profile Personal Message (Offline)

Ignore
1669493028
Reply with quote  #2

1669493028
Report to moderator
1669493028
Hero Member
*
Offline Offline

Posts: 1669493028

View Profile Personal Message (Offline)

Ignore
1669493028
Reply with quote  #2

1669493028
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1669493028
Hero Member
*
Offline Offline

Posts: 1669493028

View Profile Personal Message (Offline)

Ignore
1669493028
Reply with quote  #2

1669493028
Report to moderator
creativex
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
August 26, 2013, 12:11:59 PM
 #11862

Maybe it was a strategic placement to stop the shareprice from falling?
I mean its not important to friedcat what a share is priced

What?Huh What the fuck are you talking about?!

Why should he? The shares were only to create the company. He owns a lot of it but only to own the companies earnings this way. He cant sell them without crashing the price. If friedcat would sell this would be a very bad sign. So in my opinion he never thought of his shares value since the only thing matters for him are the company itself and the part of the earnings he gets.
So why should he care now about the shareprice? He only would because of his shareholders. But the shareprice does change nothing for the company. It will still mine, it will still create the same earnings. So the shareprice is something he only would care because of his shareholders.
And the connections that exist between the shareprice of normal stock exchange securities and the companies profit are not existing here.

+1. Nice observation and post.

JimiQ84
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
August 26, 2013, 12:30:34 PM
 #11863

I think this - 1N8oFn2BgF5Rxysf5xDdgsAVmZ2cvzCKQo - is first franchise address

EDIT: although it looks like hardware selling address, but then I don't understand why proceeds go to main mining address
binaryFate
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 12:31:05 PM
 #11864

I don't find the link to the live display of a line with blue and red points, for blocks that are found by AM or not. Don't know how to explain better, but you should see what I'm talking about...
If somebody could give it, thanks in advance!

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
JimiQ84
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
August 26, 2013, 12:33:16 PM
 #11865

I don't find the link to the live display of a line with blue and red points, for blocks that are found by AM or not. Don't know how to explain better, but you should see what I'm talking about...
If somebody could give it, thanks in advance!

you mean this?

https://docs.google.com/spreadsheet/oimg?key=0AkPdXsQFT-vIdGg0bC1sQmNFSWxVRU5sYmNWSDhXcFE&oid=15&zx=edyv99jfntu6
binaryFate
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 12:33:59 PM
 #11866

I don't find the link to the live display of a line with blue and red points, for blocks that are found by AM or not. Don't know how to explain better, but you should see what I'm talking about...
If somebody could give it, thanks in advance!

you mean this?

https://docs.google.com/spreadsheet/oimg?key=0AkPdXsQFT-vIdGg0bC1sQmNFSWxVRU5sYmNWSDhXcFE&oid=15&zx=edyv99jfntu6

Yes! thanks!  Smiley

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
BitCsByBit
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
August 26, 2013, 01:02:45 PM
 #11867

AM hashrate is back up. It seems to be the all time high, around 80TH/s.

Tipsy jar: 1HgfLMXiJQj9KZ7abLRh9rWuR7dgeSyub4
candoo
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


Vertrau in Gott


View Profile
August 26, 2013, 01:03:16 PM
 #11868

AM hashrate is back up. It seems to be the all time high, around 80TH/s.

this is called luck and variance

Einer trage des andern Last, so werdet ihr das Gesetz Christi erfüllen.
cw92
Member
**
Offline Offline

Activity: 66
Merit: 10


View Profile
August 26, 2013, 01:07:37 PM
 #11869

Rate is still climbing..a 3x increase seems like more than variance, but who knows. 
binaryFate
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 01:11:21 PM
 #11870

AM hashrate is back up. It seems to be the all time high, around 80TH/s.

this is called luck and variance

Often, some noobs under-estimate the effect of variance, and get crazy every 6 hours "it's up!", "it's down!".
But this time, I fully agree. This is not variance. They were undoubtedly having a low hashrate these last days, around 30TH/s, and they are now way higher. The possible range of this "way higher" is still large given that the increase is recent, but it will shrink over time and we should get a reasonable approximation in 48h. Personally, I think we will be higher than the previous high of ~60TH/s. I expect 80 or higher.

My hypothesis is that the recent low was due to some work required to extend the farm. Now the extension is being turned on... Welcome the new hash rate!  Smiley

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
wo0x
Full Member
***
Offline Offline

Activity: 127
Merit: 100


View Profile
August 26, 2013, 01:14:13 PM
 #11871

I believe in luck, but not in that much. Here is just some infrastructure back in business ...

It's more like the opportunity is gone to trade AM-shares at lower prices Wink
bobboooiie
Hero Member
*****
Offline Offline

Activity: 656
Merit: 500



View Profile
August 26, 2013, 01:21:35 PM
 #11872

I believe in luck, but not in that much. Here is just some infrastructure back in business ...

It's more like the opportunity is gone to trade AM-shares at lower prices Wink

lets see after we recieve next dividend under 0.01
wo0x
Full Member
***
Offline Offline

Activity: 127
Merit: 100


View Profile
August 26, 2013, 01:24:07 PM
 #11873

Some AM1 shares on Haveluck sold for 2.1BTC ... there will be another chance, for sure Smiley
cw92
Member
**
Offline Offline

Activity: 66
Merit: 10


View Profile
August 26, 2013, 01:31:11 PM
 #11874

I believe in luck, but not in that much. Here is just some infrastructure back in business ...

It's more like the opportunity is gone to trade AM-shares at lower prices Wink

lets see after we recieve next dividend under 0.01

So between any potential hardware divs from the batch of USB miners and a hashrate that has probably increased significantly you predict the dividend is going down >20%?
binaryFate
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 01:34:00 PM
 #11875

I believe in luck, but not in that much. Here is just some infrastructure back in business ...

It's more like the opportunity is gone to trade AM-shares at lower prices Wink

lets see after we recieve next dividend under 0.01

So between any potential hardware divs from the batch of USB miners and a hashrate that has probably increased significantly you predict the dividend is going down >20%?

If hardware divs is retained for further investment... only mining part remains. The increase is recent, so a large part of the week will have been done with low hash rate. You can see an estimation here (bottom of the page):
http://www.asicminercharts.com/live/
Since it extrapolates the past hash rate, it will be higher than that (due to current increase), but it might be around 0.01, or like last week, 0.012.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
velacreations
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
August 26, 2013, 01:37:58 PM
 #11876

So between any potential hardware divs from the batch of USB miners and a hashrate that has probably increased significantly you predict the dividend is going down >20%?

1. hash rate has been down all week, so don't expect any new revenue from that.  We'll be lucky if we generate the same amount as last week.  It's been around 4-6% since last week.

2. I've seen the 6-12 hours hash rate estimate over 100 TH/s before.  That doesn't mean the hash rate is increasing.  Until we see 24+ estimates increasing, I think it's foolish to assume hash rate is increasing.

3. I don't think we'll see a big increase in hardware sales.  The new USBs are cute, but the prices haven't really changed (that I can see), so don't expect a flood of new sales.  And even if that does happen, you won't see the money until next week.

tl;dr - dividends are going to be low again this week.

binaryFate
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 01:40:11 PM
 #11877

2. I've seen the 6-12 hours hash rate estimate over 100 TH/s before.  That doesn't mean the hash rate is increasing.  Until we see 24+ estimates increasing, I think it's foolish to assume hash rate is increasing.

vela, I bet we'll see the 24h average being over 80TH/s during the next 48h.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
cw92
Member
**
Offline Offline

Activity: 66
Merit: 10


View Profile
August 26, 2013, 01:41:14 PM
 #11878

Just to clarify I don't expect a meaningful increase in dividends, but I still think a drop below .01 is unlikely even with the difficulty increase.  
binaryFate
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 01:46:29 PM
Last edit: August 26, 2013, 02:16:31 PM by binaryFate
 #11879

vela, I bet we'll see the 24h average being over 80TH/s during the next 48h.
How much are you willing to bet?

Also, guys, there is a speculation thread.


Anyway, we're very likely to have a low dividend again.

Based on data here:
http://www.asicminercharts.com/live/
I would bet 1BTC that we will see (at least once) the 24h-average equal or above 80TH/s, during the next 48h. Anybody takes it?

EDIT: 1/2h later, nobody took it... I withdraw my offer.
EDIT2: somebody just took it, didn't see that before. So the offer still holds.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
velacreations
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
August 26, 2013, 01:53:51 PM
 #11880

Based on data here:
http://www.asicminercharts.com/live/
I would bet 1BTC that we will see (at least once) the 24h-average equal or above 80TH/s, during the next 48h. Anybody takes it?


why would you base anything on the 6 hour hash rate?  

Even the 12 hour estimate is not up to the rate we hit last week.

Pages: « 1 ... 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] 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 ... 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!