Bitcoin Forum
December 15, 2019, 06:00:35 PM *
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 ... 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 [725] 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901408 times)
ex-trader
Sr. Member
****
Offline Offline

Activity: 298
Merit: 250


View Profile
October 29, 2013, 05:33:39 PM
 #14481

If demand had been reduced as well, price would have dropped a lot more to increase demand.

Will someone cleverer than me please work out the breakeven purchase price for a Blade given current difficulty and compare it to the last sale prices for the same hardware. That'll tell you what 500TH of these chips will be worth.
1576432835
Hero Member
*
Offline Offline

Posts: 1576432835

View Profile Personal Message (Offline)

Ignore
1576432835
Reply with quote  #2

1576432835
Report to moderator
1576432835
Hero Member
*
Offline Offline

Posts: 1576432835

View Profile Personal Message (Offline)

Ignore
1576432835
Reply with quote  #2

1576432835
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bitcoin.newsfeed
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
October 29, 2013, 06:08:31 PM
 #14482

PR & Communications
1. The board has committed to meeting even more often than we have been, and intentionally gleaning whatever info can be shared from each meeting, and posting it to public.
2. The board will be assisting with writing these posts to make things easier for Friedcat.

The first & last update "by the Board" is from October 2nd  (almost one month old)

should we expect update soon? board? ...

reminder : also "end of October" deadlines are here.

... Question Everything, Believe Nothing ...
ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
October 29, 2013, 06:29:09 PM
 #14483

PR & Communications
1. The board has committed to meeting even more often than we have been, and intentionally gleaning whatever info can be shared from each meeting, and posting it to public.
2. The board will be assisting with writing these posts to make things easier for Friedcat.

The first & last update "by the Board" is from October 2nd  (almost one month old)

should we expect update soon? board? ...

reminder : also "end of October" deadlines are here.


Friedcat has been updating news himself lately. The board hasn't needed to help as there is no additional public news to report.
EskimoBob
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


Quality Printing Services by Federal Reserve Bank


View Profile
October 29, 2013, 06:51:48 PM
 #14484

If demand had been reduced as well, price would have dropped a lot more to increase demand.

Will someone cleverer than me please work out the breakeven purchase price for a Blade given current difficulty and compare it to the last sale prices for the same hardware. That'll tell you what 500TH of these chips will be worth.


ex-trader, http://mining.thegenesisblock.com/ will help you with those calculations.


While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
Rival
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
October 29, 2013, 07:10:59 PM
 #14485

Unfortunately trying to guess btc/fiat values and then trying to extrapolate difficulty increases are voodoo at best. These are the inherent weaknesses of any mining return calculator.
ex-trader
Sr. Member
****
Offline Offline

Activity: 298
Merit: 250


View Profile
October 29, 2013, 07:56:34 PM
 #14486

Will someone cleverer than me please work out the breakeven purchase price for a Blade given current difficulty and compare it to the last sale prices for the same hardware. That'll tell you what 500TH of these chips will be worth.
ex-trader, http://mining.thegenesisblock.com/ will help you with those calculations.
[/quote]

Thanks - I had looked at that and I'm very impressed by the site. My problem is that it seems that the rate of increase in future in the key to ROI calcs and as is stated in the post by rival thats voodoo at best.

It certainly seems to me like nothing you can buy right now can make ROI when measured in BTC, in which case the logical buyer should just buy BTC instead.

dexX7
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile WWW
October 29, 2013, 08:03:56 PM
 #14487

I discovered http://bitcoinwisdom.com/bitcoin/calculator some time ago, the charts aren't bad either: http://bitcoinwisdom.com/bitcoin/difficulty.

Strange Vlad
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
October 29, 2013, 09:15:44 PM
 #14488

It certainly seems to me like nothing you can buy right now can make ROI when measured in BTC, in which case the logical buyer should just buy BTC instead.

Yes.  And it's not even close to ROI, because for now hardware demand greatly exceeds supply.

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.
1CdVTkA288cd3m1jkdqPjUfhQ5ebei8gVT
SebastianJu
Legendary
*
Offline Offline

Activity: 2450
Merit: 1043


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
October 29, 2013, 09:30:13 PM
 #14489

When i look at the market... Asicminer is at 0.64BTC and ActiveMining at 0.0008BTC. They both work on 28nm process node if im not mistaken. Both have shown in the past that they can do IPO's though friedcat is the only one that has shown he can bring out ASIC's. Asicminer has 400,000 shares while ActiveMining has 10,000,000 shares. Thats 25 times more. So ActiveMinings Price compared would be 0.02BTC to get the same percent of the company like one asicminer share has. Both have relatively good chances to succeed but only the divs keep asicminer's share price high.

Let's not forget that there are ~ 400K AM shares vs ~ 10M ActM shares. Assuming they ever reach the same market cap it would be 0.64 BTC/share for AM vs 0.0256 BTC/share for ActM.
[/quote]

I included it. ActiveMining is at 0.0008b and has 25 more shares in total than Asicminer. So in order to have the same percent of Activemining you would have with one asicminer share you would need to spend 0.02BTC in ActiveMining now.

Im really unsure if i should hold any of my shares now. Asicminer may drop to even half of its value until friedcat at least is announcing good news or good things happen. ActiveMining only will bring out good news in weeks. And labcoin... seems to be a scam where i lost anyway. Keeping the shares as a gamble is the best thing now.



It certainly seems to me like nothing you can buy right now can make ROI when measured in BTC, in which case the logical buyer should just buy BTC instead.

True.

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

Activity: 602
Merit: 500


View Profile
October 29, 2013, 09:38:46 PM
 #14490


25,000,000 Act Mining shares, 10 mil are the public ones

ok
SmiGueL
Sr. Member
****
Offline Offline

Activity: 321
Merit: 250



View Profile
October 29, 2013, 10:32:53 PM
 #14491

ASICMINER shows a considerable dividends in Oct. 27, why the stock exchange market(like bitfunder, havelockinvestments) does not pay the dividends. https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0
That dividend is incorrect.  The last dividend was on Oct 23 and was 0.00374772 BTC/share.

What you are looking at is likely the sum of all dividends paid previously.

That's exactly what it is. If you click on the cell it shows that it is the sum of the entire column [=SUM(L1:L986)]


Why they pay the dividends on Sunday instead of Wednesday.

They didn't, it's just the bottom of that column happens to line up with row Oct. 27. It means nothing but the sum of the dividends column.

Ooops, I probably forgot to delete that Sum() function after checking tot total amount of received coins.
Thanks for mentioning. Smiley

Please send me a PM next time for a quick fix. Smiley

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
SebastianJu
Legendary
*
Offline Offline

Activity: 2450
Merit: 1043


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
October 29, 2013, 10:46:21 PM
 #14492


25,000,000 Act Mining shares, 10 mil are the public ones

Right... didnt notice that... thats a hefty share for the issuer. 3/5 for the issuer and all the money from the shareholders only means 2/5.

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

Activity: 644
Merit: 500


P2P The Planet!


View Profile
October 30, 2013, 12:19:06 AM
 #14493

What part of:

"There hasn't been a huge hardware dividend payoff: is it because of reduced margins, or delays?

Because we are collecting funds to get ready for the exponentially increased devices to be assembled in September and October."


Don't people understand?

stacking coin
stripykitteh
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 30, 2013, 01:36:14 AM
 #14494

I discovered http://bitcoinwisdom.com/bitcoin/calculator some time ago, the charts aren't bad either: http://bitcoinwisdom.com/bitcoin/difficulty.

I reckon their estimate for the next difficulty is too high (537 million, or 37.46% increase). I'm tipping a 27% increase, or ~495 million. The rate of finding blocks has stalled over the last couple of days so I don't see a bumper increase this time. Possibly this is due to most of KnC's first batch being delivered, and there being a temporary lull. It will only be for a short time, though (i.e., it won't be long enough to turn those unprofitable miners back to making ROI).

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
BitAddict
Legendary
*
Offline Offline

Activity: 1190
Merit: 1001



View Profile
October 30, 2013, 01:50:49 AM
 #14495

I discovered http://bitcoinwisdom.com/bitcoin/calculator some time ago, the charts aren't bad either: http://bitcoinwisdom.com/bitcoin/difficulty.

I reckon their estimate for the next difficulty is too high (537 million, or 37.46% increase). I'm tipping a 27% increase, or ~495 million. The rate of finding blocks has stalled over the last couple of days so I don't see a bumper increase this time. Possibly this is due to most of KnC's first batch being delivered, and there being a temporary lull. It will only be for a short time, though (i.e., it won't be long enough to turn those unprofitable miners back to making ROI).

I think their estimate is completely right. No doubt we will reach 537 for the next jump.
Do you want to bet?  Smiley

BTW, thanks for the info dexX7 I didn't know this website, and looks nice.
Strange Vlad
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
October 30, 2013, 01:58:19 AM
Last edit: October 30, 2013, 05:03:09 AM by Strange Vlad
 #14496

I'm tipping a 27% increase, or ~495 million.

For it to be as low as 27%, the green line needs to drop below 2.0% in the next couple of days.  I doubt that passionately.
(the picture below is being updated automatically)


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.
1CdVTkA288cd3m1jkdqPjUfhQ5ebei8gVT
bitcoin.newsfeed
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
October 30, 2013, 07:47:05 AM
 #14497

What part of:

"There hasn't been a huge hardware dividend payoff: is it because of reduced margins, or delays?

Because we are collecting funds to get ready for the exponentially increased devices to be assembled in September and October."


Don't people understand?

"Exponentially increased devices in September and October."

Ehm, where are they Huh

... Question Everything, Believe Nothing ...
stripykitteh
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001

CryptoTalk.Org - Get Paid for every Post!


View Profile
October 30, 2013, 08:00:12 AM
 #14498

I discovered http://bitcoinwisdom.com/bitcoin/calculator some time ago, the charts aren't bad either: http://bitcoinwisdom.com/bitcoin/difficulty.

I reckon their estimate for the next difficulty is too high (537 million, or 37.46% increase). I'm tipping a 27% increase, or ~495 million. The rate of finding blocks has stalled over the last couple of days so I don't see a bumper increase this time. Possibly this is due to most of KnC's first batch being delivered, and there being a temporary lull. It will only be for a short time, though (i.e., it won't be long enough to turn those unprofitable miners back to making ROI).

I think their estimate is completely right. No doubt we will reach 537 for the next jump.
Do you want to bet?  Smiley

BTW, thanks for the info dexX7 I didn't know this website, and looks nice.

Small wager? 0.5 BTC What's your over and under? Smiley

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
finlof
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
October 30, 2013, 10:16:54 AM
 #14499

What part of:

"There hasn't been a huge hardware dividend payoff: is it because of reduced margins, or delays?

Because we are collecting funds to get ready for the exponentially increased devices to be assembled in September and October."


Don't people understand?

"Exponentially increased devices in September and October."

Ehm, where are they Huh
being assembled as he stated above
drawingthesun
Legendary
*
Offline Offline

Activity: 1148
Merit: 1002


View Profile
October 30, 2013, 10:23:05 AM
 #14500

Difficulty of 1,000,000,000 will be complete with in the next 2-3 difficulty increases.

I personally think we will see a 50% increase this round and a 45% increase the round after.
Pages: « 1 ... 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 [725] 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 ... 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!