Bitcoin Forum
March 29, 2020, 10:06:19 AM *
News: Latest Bitcoin Core release: 0.19.0.1 [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.

Pages: « 1 ... 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] 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901575 times)
binaryFate
Legendary
*
Offline Offline

Activity: 1428
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
 #11881

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".
1585476379
Hero Member
*
Offline Offline

Posts: 1585476379

View Profile Personal Message (Offline)

Ignore
1585476379
Reply with quote  #2

1585476379
Report to moderator
1585476379
Hero Member
*
Offline Offline

Posts: 1585476379

View Profile Personal Message (Offline)

Ignore
1585476379
Reply with quote  #2

1585476379
Report to moderator
1585476379
Hero Member
*
Offline Offline

Posts: 1585476379

View Profile Personal Message (Offline)

Ignore
1585476379
Reply with quote  #2

1585476379
Report to moderator
Roullete Flip Duels Bubble Player vs B2 Player vs Player Player vs B2 Supports Lightning Network The Social Gambling Games Play Now
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
velacreations
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
August 26, 2013, 01:53:51 PM
 #11882

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.

binaryFate
Legendary
*
Offline Offline

Activity: 1428
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 01:57:55 PM
 #11883

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.

Because I don't believe in a glitch that would last several days and halve the hash rate as we have seen. I believe that some important work was done there. The time also fits perfectly a much needed extension to catch up with increasing difficulty, and with the arrival of the new blades in the last 2 weeks. So I just think (and hope!) that AM extended its hash rate. It's not because we got use to 60TH/s that they will never change that!  Wink

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, 01:58:49 PM
 #11884

This is from Aug 20, 2013.  Notice the 6 hour estimate.  Notice that after the 20th, we never exceeded 60 TH/s.

You can't base anything on the 6 hour estimate.


binaryFate
Legendary
*
Offline Offline

Activity: 1428
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 02:01:51 PM
 #11885

vela, sure, I don't mean to be affirmative here. These are obviously just assumptions...
Let's see in the next 2 days!

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, 02:03:52 PM
 #11886

Because I don't believe in a glitch that would last several days and halve the hash rate as we have seen. I believe that some important work was done there. The time also fits perfectly a much needed extension to catch up with increasing difficulty, and with the arrival of the new blades in the last 2 weeks. So I just think (and hope!) that AM extended its hash rate. It's not because we got use to 60TH/s that they will never change that!  Wink

Well, you know, last week, we saw the exact same thing.  The hash rate went from 11-12% down to 4-6% for a few days, and then went back up to where we were before (or slightly higher) to 60 TH/s (even though the 6 hour rate said over 100 TH/s at one time).

FC came out and said they had a variety of problems, but they were addressing them.  Right after that, we see another hash rate dip down to 3-4%.

Why would you assume it is different this time?  I hope AM increases its hash rate, too, but I think it's a mistake to assume it has increased before it actually has.  That just creates disappointment based on false estimates.

supert
Full Member
***
Offline Offline

Activity: 160
Merit: 100



View Profile
August 26, 2013, 02:08:03 PM
 #11887

I eased off because I was starting to annoy rather than inform. Everyone had heard my arguments already.

Just un-ignored.
binaryFate
Legendary
*
Offline Offline

Activity: 1428
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 02:12:31 PM
 #11888

Why would you assume it is different this time?

Because an extension is needed to catch up with the diff. We know it will come, as time passes, the likelihood that they deploy it increases.

I hope AM increases its hash rate, too, but I think it's a mistake to assume it has increased before it actually has.  That just creates disappointment based on false estimates.

Might be a mistake, but again, these are just assumptions.
Not sure about the disappointment, we're grown adults, nobody should based their investment decisions on few forum posts. (Writing this, I try to convince myself too, lol)

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

Activity: 952
Merit: 1000



View Profile WWW
August 26, 2013, 02:15:42 PM
 #11889

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?

I'll take your bet.

But first I'd need to know how SmiGueL calculates the hashrate on that site.

I know how I do it on my site, and it's really simple: (232 * <difficulty>) / (3600*24 / <AM_blocks_per_24h>)

Which currently is: (232 * 65,750,060.1) / (3600*24 / 14) = 4.575834502×10¹³ = 45.76 TH/s

If we use the data from my site you're on! And of course my data is verifiable: If you can find more blocks than I claim, that have the "Mined By ASICMiner" signature in the coinbase you know I'm leaving some blocks out.
binaryFate
Legendary
*
Offline Offline

Activity: 1428
Merit: 1001


Still wild and free


View Profile
August 26, 2013, 02:20:37 PM
 #11890

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?

I'll take your bet.

But first I'd need to know how SmiGueL calculates the hashrate on that site.

I know how I do it on my site, and it's really simple: (232 * <difficulty>) / (3600*24 / <AM_blocks_per_24h>)

Which currently is: (232 * 65,750,060.1) / (3600*24 / 14) = 4.575834502×10¹³ = 45.76 TH/s

If we use the data from my site you're on! And of course my data is verifiable: If you can find more blocks than I claim, that have the "Mined By ASICMiner" signature in the coinbase you know I'm leaving some blocks out.

runeks: ok deal!

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

Activity: 321
Merit: 250



View Profile
August 26, 2013, 02:22:32 PM
Last edit: August 26, 2013, 05:12:04 PM by SmiGueL
 #11891

But first I'd need to know how SmiGueL calculates the hashrate on that site.

I know how I do it on my site, and it's really simple: (232 * <difficulty>) / (3600*24 / <AM_blocks_per_24h>)

Which currently is: (232 * 65,750,060.1) / (3600*24 / 14) = 4.575834502×10¹³ = 45.76 TH/s

If we use the data from my site you're on! And of course my data is verifiable: If you can find more blocks than I claim, that have the "Mined By ASICMiner" signature in the coinbase you know I'm leaving some blocks out.

45.76TH/s it is. (and was)



I'm pretty sure the calculation is the same. Tongue


But to verify it afterwards: If more than 24 blocks have been found in a timeframe of 24h, then the average hashrate is > 80 TH/s. Smiley
*With current difficulty, which I'm pretty sure of that it won't change in the next 48h.

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
deltanine
Full Member
***
Offline Offline

Activity: 231
Merit: 100



View Profile
August 26, 2013, 02:37:13 PM
 #11892

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

This may be a nexus address for franchisee coin.  I see payments incoming from several different addresses.

It's been up since 6/30 so the time frame seems about right.

Freedom is a state of mind, and then Bitcoin comes along.....
-S4VV4S
runeks
Legendary
*
Offline Offline

Activity: 952
Merit: 1000



View Profile WWW
August 26, 2013, 02:58:15 PM
 #11893

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?

I'll take your bet.

But first I'd need to know how SmiGueL calculates the hashrate on that site.

I know how I do it on my site, and it's really simple: (232 * <difficulty>) / (3600*24 / <AM_blocks_per_24h>)

Which currently is: (232 * 65,750,060.1) / (3600*24 / 14) = 4.575834502×10¹³ = 45.76 TH/s

If we use the data from my site you're on! And of course my data is verifiable: If you can find more blocks than I claim, that have the "Mined By ASICMiner" signature in the coinbase you know I'm leaving some blocks out.

runeks: ok deal!
Cool! So the bet ends 17:00 (3:00 PM) Wednesday, August 28 (48 hours and two minutes from now).
data
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
August 26, 2013, 04:01:35 PM
 #11894

The market moves around so quickly, it is not even funny anymore. Just because of some small change in a mostly luck-based graph...

 I just regret getting back in a tad above 3 last week with an old outstanding buy order. Would have bought with all free cash otherwise at 2.4-2.6... Well, I expect the prices to rise even more once normal (not kept-back) dividends are paid again Smiley
Zubilica
Hero Member
*****
Offline Offline

Activity: 834
Merit: 1000



View Profile
August 26, 2013, 04:08:06 PM
 #11895

The market moves around so quickly, it is not even funny anymore. Just because of some small change in a mostly luck-based graph...

 I just regret getting back in a tad above 3 last week with an old outstanding buy order. Would have bought with all free cash otherwise at 2.4-2.6... Well, I expect the prices to rise even more once normal (not kept-back) dividends are paid again Smiley

you still can till 3.6-3.9 is still cheap shares

SebastianJu
Legendary
*
Offline Offline

Activity: 2492
Merit: 1046


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
August 26, 2013, 04:43:06 PM
 #11896

I think you forgot that friedcat is taking part of the div for further deployment like he stated.

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?

I'll take your bet.

But first I'd need to know how SmiGueL calculates the hashrate on that site.

I know how I do it on my site, and it's really simple: (232 * <difficulty>) / (3600*24 / <AM_blocks_per_24h>)

Which currently is: (232 * 65,750,060.1) / (3600*24 / 14) = 4.575834502×10¹³ = 45.76 TH/s

If we use the data from my site you're on! And of course my data is verifiable: If you can find more blocks than I claim, that have the "Mined By ASICMiner" signature in the coinbase you know I'm leaving some blocks out.

runeks: ok deal!

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
velacreations
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
August 26, 2013, 05:27:08 PM
 #11897

hash rate falling!*  Grin



* it's not, don't freak out, this is just to show how fickle that 6-12 hour estimate is.

DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1007


Gerald Davis


View Profile
August 26, 2013, 05:31:21 PM
Last edit: August 26, 2013, 06:00:31 PM by DeathAndTaxes
 #11898

I think the term is "reversion to the mean".  

Honestly not sure why the author chose these timeframes because they do nothing but add confusion.  A 30 day, 7 day, and 1 day graph would be more useful. Maybe add in a "since last dividend" and "since start of mining" column.

ASICMiner's historical hashrate (all blocks over all time since the start of mining) has only averaged ~30 TH/s.  This lifetime average has flatlined (growth slowed to a crawl) over the last couple weeks.  Not sure why but, you only get paid on what is actually mined.
velacreations
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


View Profile
August 26, 2013, 05:39:14 PM
 #11899

I think the term is "reversion to the mean".  

Honestly not sure why the author chose these timeframes because they do nothing but add confusion.  A 30 day, 7 day, and 1 day graph would be more useful. Maybe add in a "since last dividend" and "since start of mining".

ASICMiner historial hashrate average (all blocks over all time since the start of mining) has only averaged ~30 TH/s.  This lifetime average has flatlined over the last couple weeks.  You only get paid on what is actually mined.

+1
EXACTLY

guys, the 6 hour and 12 hour estimates are almost worthless, just ignore them.  They will get your hopes up and/or become your worst nightmares if you let them.

36 hour is better, 48 is even better than that.

VeeMiner
Hero Member
*****
Offline Offline

Activity: 751
Merit: 500


bitcoin hodler


View Profile
August 26, 2013, 05:54:43 PM
 #11900

I think the term is "reversion to the mean".  

Honestly not sure why the author chose these timeframes because they do nothing but add confusion.  A 30 day, 7 day, and 1 day graph would be more useful. Maybe add in a "since last dividend" and "since start of mining".

ASICMiner historial hashrate average (all blocks over all time since the start of mining) has only averaged ~30 TH/s.  This lifetime average has flatlined over the last couple weeks.  You only get paid on what is actually mined.

+1
EXACTLY

guys, the 6 hour and 12 hour estimates are almost worthless, just ignore them.  They will get your hopes up and/or become your worst nightmares if you let them.

36 hour is better, 48 is even better than that.

yeah, I think that Smiguel should just change the counters to 12, 24, 48 and 72(96) hours. We would have less headbangers ITT Smiley
Pages: « 1 ... 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] 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 ... 1348 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!