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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914314 times)
ensurance982
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July 29, 2014, 09:13:04 AM
 #21721

Glad I cancelled my walls anyways while Friedcat is online I was wondering if you could answer a quick question

Update

3. We announce the sales of our own devices. We would arrange an offline meeting in Shenzhen first to share more information. We will post the English version of it on the meetup sub-board.

I was wondering if you could provide a contact to acquire replacement parts for these new miners when they come online as the last generation people were having difficulties finding parts if something broke.

Also @ Friedcat can you confirm or deny you are the 1AcAj9P 1BwZeHJ or 1BX5Yol address?
https://blockchain.info/pools?timespan=24hrs
https://blockchain.info/pools

Lot of solo miners or unknowns lol.

I think Friedcat should have his own vanity address, that's some additional advertsisement right there! How many letters are feasible to calculate?

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July 29, 2014, 09:16:00 AM
 #21722

Upcoming interview with Friedcat:
http://www.bitell.com/t/2026


Didn't see this as well lot of news today ^_^

Upcoming interview with Friedcat:
http://www.bitell.com/t/2026

Bitell interview is confirmed.  And friedcat is rumored to be readying something around August 2nd.

So, please get your questions in for Bitell. Maybe someone wants to collect all q's into one post on this thread?

I'll relay any questions from the facebook page as well to whoever wants to organize those questions
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July 29, 2014, 09:19:44 AM
 #21723

We should keep a close look on this chart: https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&r=week&t=a We have to see if the spike in unknown hashing power really is AM. But I guess if most mining is/will be done by franchisees, we may not see the increase but rather see that hashrate in regular pools.

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July 29, 2014, 09:30:44 AM
 #21724

We should keep a close look on this chart: https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&r=week&t=a We have to see if the spike in unknown hashing power really is AM. But I guess if most mining is/will be done by franchisees, we may not see the increase but rather see that hashrate in regular pools.

I'm looking forward to speculation in the speculation thread again lol
Actually goes to revive it now jumping the gun before this place becomes a mess XD

Status Revived: Shaking the ghosts who have that on watchlist ^_^
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July 29, 2014, 09:40:58 AM
 #21725

We should keep a close look on this chart: https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&r=week&t=a We have to see if the spike in unknown hashing power really is AM. But I guess if most mining is/will be done by franchisees, we may not see the increase but rather see that hashrate in regular pools.

I'm looking forward to speculation in the speculation thread again lol
Actually goes to revive it now jumping the gun before this place becomes a mess XD

Status Revived: Shaking the ghosts who have that on watchlist ^_^

Ha, cue the gandalf meme 'AM Speculation thread, new post'? I haven't seen that in a long time!

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July 29, 2014, 09:47:26 AM
 #21726

I think this is a good news Smiley
However, what does "average hashrate percentage similar to 2013" really mean?
It can be anything from "similar avg to whole 2013 year avg" (which was what?) to Dec 2013 numbers.

Up we go, from 1.8 to 2.4 (50 wall will fall soon). How unreal is that a post (or two) from a guy makes +30 % instantly...
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July 29, 2014, 09:48:27 AM
 #21727

We should keep a close look on this chart: https://data.bitcoinity.org/bitcoin/hashrate/6m?c=m&r=week&t=a We have to see if the spike in unknown hashing power really is AM. But I guess if most mining is/will be done by franchisees, we may not see the increase but rather see that hashrate in regular pools.

I'm looking forward to speculation in the speculation thread again lol
Actually goes to revive it now jumping the gun before this place becomes a mess XD

Status Revived: Shaking the ghosts who have that on watchlist ^_^

Ha, cue the gandalf meme 'AM Speculation thread, new post'? I haven't seen that in a long time!

Indeed anyways it will be fun to see the bulls and bears again kind of just went into depression lol its following the sentiment gauge so far
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July 29, 2014, 09:57:49 AM
 #21728

I think this is a good news Smiley
However, what does "average hashrate percentage similar to 2013" really mean?
It can be anything from "similar avg to whole 2013 year avg" (which was what?) to Dec 2013 numbers.

Up we go, from 1.8 to 2.4 (50 wall will fall soon). How unreal is that a post (or two) from a guy makes +30 % instantly...

FC isn't just a guy. He knew how to play the market back in 2012/2013 when he manages to be a first-mover in the ASIC market. He tried to push things further by just selling chips, but that failed, because the competition got too strong and the BE200 chips performed below expectations. If he indeed can push back into the mining game, we may see a return to at least some greatness of the past.

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July 29, 2014, 10:00:28 AM
 #21729

I think this is a good news Smiley
However, what does "average hashrate percentage similar to 2013" really mean?
It can be anything from "similar avg to whole 2013 year avg" (which was what?) to Dec 2013 numbers.

Up we go, from 1.8 to 2.4 (50 wall will fall soon). How unreal is that a post (or two) from a guy makes +30 % instantly...

FC isn't just a guy. He knew how to play the market back in 2012/2013 when he manages to be a first-mover in the ASIC market. He tried to push things further by just selling chips, but that failed, because the competition got too strong and the BE200 chips performed below expectations. If he indeed can push back into the mining game, we may see a return to at least some greatness of the past.

Similar sentiment but I feel a tad bullish right now I'll enjoy and relish the moment before some bears come in to throw cold water on it ^_^
But I think so too the last few rounds were bombs but considering the BE200 Chips and their fabrication and partners their is a chance to see some of the greatness of the past, alongside their reentrance into the mining sphere it will be interesting to see how this progresses.
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July 29, 2014, 10:24:16 AM
 #21730

I did not get the memo about the "good news". This is friedcat telling us he hasn't been doing good: how many times will you folks just pretend-celebrate because of a few words in here? I would suggest holding back the "to the moon" and "friedcat for president" posts for when we actually see dividends, for all we know he might withhold the mined coins to fund a hypothetical 4th gen.

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July 29, 2014, 10:33:18 AM
 #21731

I did not get the memo about the "good news". This is friedcat telling us he hasn't been doing good: how many times will you folks just pretend-celebrate because of a few words in here? I would suggest holding back the "to the moon" and "friedcat for president" posts for when we actually see dividends, for all we know he might withhold the mined coins to fund a hypothetical 4th gen.



This might be a funner way of doing it put your BTC where your mouths are ^_^

I thought about making this more fun I remembered a photo to Friedcats Golden ticket so I made a bet for everyone ^_^
Havelocks AM1 Share price will reach 1 BTC by October 1st 2014
Seems like a fair bet on Friedcat delivering his hashrate by that time if there are any takers put a bet on Yes or NO
3 Months to settlement is 1 quarter so it seems like a great timeframe.




___________Asicminer Over 1 BTC by October 2014
Options: Yes | No
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July 29, 2014, 10:44:20 AM
 #21732

I did not get the memo about the "good news". This is friedcat telling us he hasn't been doing good: how many times will you folks just pretend-celebrate because of a few words in here? I would suggest holding back the "to the moon" and "friedcat for president" posts for when we actually see dividends, for all we know he might withhold the mined coins to fund a hypothetical 4th gen.



Although your argument is valid, the market speaks opposite right now. Might be the case that a couple of crazy rich men are playing, or it simply is understood as a good news.

But regardless any facts, the price goes up, which makes it good news event if it wasn't at first ...
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July 29, 2014, 10:46:14 AM
 #21733

People are starting to panic and pull their orders lol
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July 29, 2014, 10:53:00 AM
Last edit: July 29, 2014, 11:16:22 AM by freedomno1
 #21734

People are starting to panic and pull their orders lol

It could be because there are unknown addresses that have 4% and 3% of the present hashrate lol somethings happening so whether one of them is Friedcats or not needs to be confirmed that said if dividends are coming or not is another question
https://blockchain.info/pools?timespan=24hrs

It's not the Old mining address
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

Friedcat did say he started mining since the middle of July

Update

1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.



Even organofcorti has been interested in them for a while now but those have been active since May
http://organofcorti.blogspot.ca/

There are some possible candidates from those addresses though if its solo
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July 29, 2014, 11:17:08 AM
 #21735

฿0.3  Cool
ensurance982
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July 29, 2014, 11:26:19 AM
 #21736

There are some possible candidates from those addresses though if its solo

Did you do an analysis of which addresses started generating new coins mid July? Care to share those addresses? Smiley
We need a list of all addresses that started mining in July so far!

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July 29, 2014, 11:27:00 AM
 #21737

฿0.3  Cool
so easy
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July 29, 2014, 11:30:06 AM
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easy predictable money, the best kind  Smiley

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July 29, 2014, 11:33:42 AM
 #21739

There are some possible candidates from those addresses though if its solo

Did you do an analysis of which addresses started generating new coins mid July? Care to share those addresses? Smiley
We need a list of all addresses that started mining in July so far!

Nothing I'm confident on yet but I did scan a few from Table 3 there were a bunch that started finding blocks this week
The question is if they switch to a different address after X blocks so more time is needed to check for recurring addresses.
Table 3: Blocks solved by unknown but re-used generation addresses Jul 20 2014 to Jul 26 2014

Table looks ugly best look at source ^_^
http://organofcorti.blogspot.ca/

Unknown recurring generation address   Blocks solved this week   Percentage of network   Percentage of unknown   Estimate of hashrate   Blocks solved ever
1AcAj9p6zJn4xLXdvmdiuPCtY7YkBPTAJo   64   6.17 %   40.51 %   7979 Thps   363
14yfxkcpHnju97pecpM7fjuTkVdtbkcfE6   31   2.99 %   19.62 %   3846 Thps   47
1PvPhMXwmPmDUJraw3c6FmMosAXc9Pfuvx   9   0.87 %   5.70 %   1108 Thps   9
19vvtxUpbidB8MT5CsSYYTBEjMRnowSZj4   8   0.77 %   5.06 %   1005 Thps   66
1gpMpYCNnGs4a9dboem3416ezwR6Yq75j   7   0.67 %   4.43 %   862 Thps   7
197SQzfT4NbXG6sBTMfjT7bpZqsow7EM4d   6   0.58 %   3.80 %   769 Thps   6
17JJ3oZyF4ShQMGukDjpMWhmooCjEvoVVB   5   0.48 %   3.16 %   626 Thps   7
1BAy4JwiCNTmk13fJBL6ZKu2rxixcKfr2Z   5   0.48 %   3.16 %   616 Thps   5
1BHGZwDhvGPiEt2vwPDAUZJ5b4YVa6W9EJ   5   0.48 %   3.16 %   616 Thps   5
1BwZeHJo7b7M2op7VDfYnsmcpXsUYEcVHm   4   0.39 %   2.53 %   492 Thps   39
1Fz7soLMhD64cERp4cEBxqxuEi55mMPMhP   4   0.39 %   2.53 %   532 Thps   4
1FwQYPb8sG6VskqwnFwRp3QJwAiMz26Sii   3   0.29 %   1.90 %   369 Thps   3
1MY6dGvYNH7AKf2K7oFzeDiTa1DzETcHSp   3   0.29 %   1.90 %   369 Thps   3
1FUKuGywGwfFPbi3ySnJzH75rku9sSCMFW   1   0.10 %   0.63 %   123 Thps   6
1qtKetXKgqa7j1KrB19HbvfRiNUncmakk   1   0.10 %   0.63 %   123 Thps   2
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July 29, 2014, 12:09:47 PM
 #21740

Seems to me the spoondoolies conjecture was way off base. FC always had the self mine option and would not sell chips at or below cost. Many AM shares changed hands. Someone/s made a lot of money preying on the fear of others.

Non-technical coin. Use OZC to intro coins to everyday aussies: http://ozziecoin.com
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