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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918303 times)
MilkyLep
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September 28, 2013, 04:41:23 PM
 #13401

if anybody else gets product in hand in the next 90 days the AM train is over

if I had a bitcoin for every time I saw that on this thread...

Weekly isn't good enough for you?  Wink

Either you own the bitcoins(private keys) or you don't. However with moneroj, nobody knows what you own.
Secure. Private. Untraceable.
empoweoqwj
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September 29, 2013, 02:46:16 AM
 #13402

ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
100TH (supposedly going to be 200TH now) has IP's 199.191.58.178 and 95.141.29.208 and their mining address is here - https://blockchain.info/address/19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs.  they are between 7 and 10% of total hash

It's a hell of a thing if you ask me:)

It's hella better than what appears to be AM circling the drain. .. . and targetting a tech that's going to be almost worthless by january. . . .if anybody else gets product in hand in the next 90 days the AM train is over

Except that AM will most likely have "product in hand" in the next 90 days as well. Period of lowish dividends entirely possible. Trainwreck? Only if you believe AM have done nothing with the thousands of BTC they have held back, and decided "Gen1 will last forever, let's not even bother developing something new".

I wish they had Gen2 quicker as well. But they are clever people, not dumbasses. "They will be back" as Arnie never said.
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September 29, 2013, 10:03:45 AM
 #13403

Canary is good source for hints.

Today he wrote something about new 45p hubs made by friedcat !!!

Cat is not sleeping it seems.
FNG
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September 29, 2013, 11:37:51 AM
 #13404

Canary is good source for hints.

Today he wrote something about new 45p hubs made by friedcat !!!

Cat is not sleeping it seems.
Found it

"Friedcat is testing a 49 port hub to become available "soon" (don't know what soon means Smiley ) for running USB sticks.  From what I know so far, it will be high quality, and you'll be able to power it using an ATX PSU.  Obviously price will be much better than alot of current options out there currently.  Hope he makes enough of them.  My understanding is that it will be geared towards those who will be looking to run 45+ USB setups."

https://bitcointalk.org/index.php?topic=303640.0
VeeMiner
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September 29, 2013, 12:03:24 PM
 #13405

Nice, I might be getting that hub, even if it's not for Erupters. I would love a hub powered by an ATX PSU - I dislike all those little inefficient power adaptors. If it has no fixed cable, it might be the dream hub Smiley

see how bitcoin mining drives innovation - nice big USB hub, immersed cooling, what will be next?
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September 29, 2013, 12:10:24 PM
 #13406

skynet
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September 29, 2013, 12:17:28 PM
 #13407

skynet

Well, you can blame the Belgians for that....
Strange Vlad
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September 29, 2013, 12:22:38 PM
 #13408

Could someone remind me the address of the public AM hash-rate meter, please?  I've lost the link Sad

Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
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dexX7
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September 29, 2013, 12:24:22 PM
 #13409

Could someone remind me the address of the public AM hash-rate meter, please?  I've lost the link Sad

This one?

http://www.asicminercharts.com/live/

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September 29, 2013, 12:25:49 PM
 #13410


I mean, not an estimation but an official indicator.

EDIT: found it! http://erpao.info/

Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
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FNG
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September 29, 2013, 12:41:15 PM
 #13411

ASICMINER  in the news  http://www.mumbaimirror.com/others/sunday-read/Bitcoin-billionaires/articleshow/23236886.cms

 Cheesy
shawshankinmate37927
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September 29, 2013, 02:18:48 PM
 #13412


Quote
But now, to get a steady source of Bitcoins, Kothari has bought shares of a China-based company called ASIC Miner. The company has rooms full of servers that mine Bitcoins all day. These servers use reprogrammed chip technology called Application Specific Integrated Circuit Chips (ASIC), which has made the mining process faster. Every week, Kothari receives a steady supply of Bitcoins.

Unfortunately, that "steady source of Bitcoins" via AM dividends has turned out to be not-so-steady.

It sure would be nice if you could get reliable dividend income by buying shares of AM.  Not everyone is interested in capital appreciation or making a quick few BTC.  Some of us would prefer an investment that provides a stable source of income for decades to come and that we'll be able to pass on to our heirs some day.  They're still highly speculative right now, but hopefully shares of AM will eventually fit that bill.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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September 29, 2013, 02:42:06 PM
 #13413

Unfortunately, that "steady source of Bitcoins" via AM dividends has turned out to be not-so-steady.
Has FC ever missed a dividend payment?  I've received all of my dividends right on time, every time.

shawshankinmate37927
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September 29, 2013, 03:22:31 PM
 #13414

Unfortunately, that "steady source of Bitcoins" via AM dividends has turned out to be not-so-steady.
Has FC ever missed a dividend payment?  I've received all of my dividends right on time, every time.

Who said he missed a dividend payment?  I've received all dividends as well, but I don't think anyone here will claim that the size of their dividends has been steady.

Edit:  The decline in estimated mining revenue has certainly been steady since July 1st.  (See the fifth chart from the top: http://www.asicminercharts.com/)

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
velacreations
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September 29, 2013, 04:22:15 PM
 #13415

Who said he missed a dividend payment?  I've received all dividends as well, but I don't think anyone here will claim that the size of their dividends has been steady.
oh sorry, I thought you meant the payout was not steady.  I didn't realize you meant the size of the dividend.

Edit:  The decline in estimated mining revenue has certainly been steady since July 1st.  (See the fifth chart from the top: http://www.asicminercharts.com/)
yes, though the hardware revenue has remained fairly constant for at least 6 weeks.

shawshankinmate37927
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September 29, 2013, 05:18:20 PM
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Edit:  The decline in estimated mining revenue has certainly been steady since July 1st.  (See the fifth chart from the top: http://www.asicminercharts.com/)
yes, though the hardware revenue has remained fairly constant for at least 6 weeks.

But, I can't help but wonder how many of the people that have been buying AM's hardware are experiencing buyer's remorse now.  I get the sense there aren't going to be a lot of returning customers when new products are unveiled.  Certainly they won't be buying at the same margins.  Personally, I'm hoping this will cause AM to devote a significant part of the current revenues derived from hardware sales to focus more on self-mining in the future.  Self-mining just seems more sustainable over the long-term and buying shares of AM seems like it would be a better deal for all involved than buying AM hardware.


"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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September 29, 2013, 05:42:22 PM
 #13417

Could s.o. please explain to this noob why ppl are dumping the shares?
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September 29, 2013, 05:52:15 PM
 #13418

Could s.o. please explain to this noob why ppl are dumping the shares?

Some people don't want to deal with the hassle of transfering the shares, also btct.co shares were more expensive and thus need to adjust down a little bit. And least but not last the supply on the other exchanges will increase, but demand most likely not as much (some people will quit trading when btct.co is gone).
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September 29, 2013, 05:57:42 PM
 #13419

Could s.o. please explain to this noob why ppl are dumping the shares?

Some people don't want to deal with the hassle of transfering the shares, also btct.co shares were more expensive and thus need to adjust down a little bit. And least but not last the supply on the other exchanges will increase, but demand most likely not as much (some people will quit trading when btct.co is gone).

I dumped and bought at another exchange for essentially the same price. With BTCT's announcement, knowing that I could have one security that wouldn't depend upon a migration process was worth it to me.

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September 29, 2013, 06:01:09 PM
 #13420

Could s.o. please explain to this noob why ppl are dumping the shares?

Some people don't want to deal with the hassle of transfering the shares, also btct.co shares were more expensive and thus need to adjust down a little bit. And least but not last the supply on the other exchanges will increase, but demand most likely not as much (some people will quit trading when btct.co is gone).

I dumped and bought at another exchange for essentially the same price. With BTCT's announcement, knowing that I could have one security that wouldn't depend upon a migration process was worth it to me.

Thank you both.

I thought this might have been the case but I was worried sth else was going on.
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