Bitcoin Forum
July 06, 2022, 12:43:49 AM *
News: Latest Bitcoin Core release: 23.0 [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.

Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 [1088] 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914315 times)
feifa
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
July 29, 2014, 12:21:53 PM
 #21741

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.
Yeah, I must appreciate the guys who sell shares at ~0.14BTC.
1657068229
Hero Member
*
Offline Offline

Posts: 1657068229

View Profile Personal Message (Offline)

Ignore
1657068229
Reply with quote  #2

1657068229
Report to moderator
1657068229
Hero Member
*
Offline Offline

Posts: 1657068229

View Profile Personal Message (Offline)

Ignore
1657068229
Reply with quote  #2

1657068229
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1657068229
Hero Member
*
Offline Offline

Posts: 1657068229

View Profile Personal Message (Offline)

Ignore
1657068229
Reply with quote  #2

1657068229
Report to moderator
KarmaShark
Hero Member
*****
Offline Offline

Activity: 595
Merit: 507



View Profile
July 29, 2014, 12:41:22 PM
 #21742

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. <<<< Giddy UP!!!!!!!

2. The price rockminer gets is not the sales price. It's the premium of franchising. We gain the part of profits after the devices begin to generate revenue like the franchising of devices. The sales price of chips stay a relatively high margin because our option of building our own devices and sell/deploy is always wide open.

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.


Fire those farms up. It is time for ASIC MINER to reclaim it's rightful place as King of Bitcoin Mining.
hdbuck
Legendary
*
Offline Offline

Activity: 1260
Merit: 1002



View Profile
July 29, 2014, 12:43:23 PM
Last edit: July 29, 2014, 02:25:22 PM by hdbuck
 #21743

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. <<<< Giddy UP!!!!!!!

2. The price rockminer gets is not the sales price. It's the premium of franchising. We gain the part of profits after the devices begin to generate revenue like the franchising of devices. The sales price of chips stay a relatively high margin because our option of building our own devices and sell/deploy is always wide open.

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.


Fire those farms up. It is time for ASIC MINER to reclaim it's rightful place as King of Bitcoin Mining.

Cheesy such a gdayy Cheesy cant wait for the divs to shoot the price up even moar Cheesy Cheesy
ensurance982
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Trust me!


View Profile
July 29, 2014, 01:27:20 PM
 #21744

I haven't seen any pictures of old ladies holding up pictures of blades and Friedcat 4 president signs since the announcement of the cat!

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
RoadStress
Legendary
*
Offline Offline

Activity: 1904
Merit: 1007


View Profile
July 29, 2014, 01:55:47 PM
 #21745

So now that the difficulty was going flat AM comes to screw things for all miners. Great!

Whtwabbit
Sr. Member
****
Offline Offline

Activity: 490
Merit: 266



View Profile
July 29, 2014, 01:58:01 PM
 #21746

"MOOOAAARRR... (in full bitrate DTS please) call me when we are @1BTC


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
July 29, 2014, 01:58:44 PM
 #21747

So now that the difficulty was going flat AM comes to screw things for all miners. Great!


why should AM let everyone else have all the cake?
Whtwabbit
Sr. Member
****
Offline Offline

Activity: 490
Merit: 266



View Profile
July 29, 2014, 02:02:29 PM
 #21748

Fried "Kong"

(Sponganglies = Prehistoric Lizard)


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
silverfuture
Legendary
*
Offline Offline

Activity: 948
Merit: 1008


central banking = outdated protocol


View Profile
July 29, 2014, 02:03:38 PM
 #21749

So now that the difficulty was going flat AM comes to screw things for all miners. Great!

Don't stress, you could always sell your current hardware and buy asicminer shares Cheesy

-----------------------------------------------------------------------------------------------------------------------
NastyFans - The Fan Club for Bitcoin Enthusiasts | MININGCOINS | POOL | ESCROW
-----------------------------------------------------------------------------------------------------------------------
KarmaShark
Hero Member
*****
Offline Offline

Activity: 595
Merit: 507



View Profile
July 29, 2014, 02:07:19 PM
 #21750

The Bitcoin network hashrate has seemingly plateaued at just the right time for AM and it's loyal shareholders. Expect a massive spike as FC unleashes pure hell on the competition for the rest of 2014. If you bailed on ASICMINER over the summer, you made a major mistake selling so low in both fiat and BTC terms. Cannot wait for the August 2nd conference and the goodies that will be announced.


With self-mining already started in mid-July (as per FC), the income could start at any time. If you do not own a piece of ASIC MINER by the time the conference is over and the news released, might as well sit tight and wait for 2015 since I see no other investments that offer this type of return and excitement. Simply being honest as a company puts you into the top 10% of investments in this industry. Still hard to fathom how people sold 100's of share at 0.15-0.2BTC weeks before the tsunami.

DebitMe
Legendary
*
Offline Offline

Activity: 2632
Merit: 1009

Get Paid Crypto To Walk or Drive


View Profile
July 29, 2014, 03:21:14 PM
Last edit: July 29, 2014, 03:33:13 PM by DebitMe
 #21751

Per
https://bitcoinwisdom.com/bitcoin/difficulty
Hashrate in middle of July was roughly 100,000,000 GH/s, today it is closer to 140,000,000.  Obviously that is not all Friedcat, but we can reasonably assume he has maybe half or so of that increase.


Below is quick math, someone please check.

Friedcat had roughly 30,000 TH/s deployed with each blade doing ~10 GH/s in the middle of 2013.

That is roughly 3,000,000 blades with 32 chips per blade or 96,000,000 chips (not sure if thats right, seems high).

Someone check that math (its gotta be wrong) before we look at the hashrate of deploying that many chips with current gen chips.

Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
https://coinhunt.gsc.im/IZIijYr64Q
ensurance982
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Trust me!


View Profile
July 29, 2014, 03:27:27 PM
 #21752

Fried "Kong"

(Sponganglies = Prehistoric Lizard)

Can anyone summarize what actually happened with Spondoolies' new chips and miners? I heard there may have been some problems recently? They seemed to know their stuff pretty well, what happened? (Please, not in an all-to-bashy-pro-AM-like-Jimmothy-way Smiley)

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
Whtwabbit
Sr. Member
****
Offline Offline

Activity: 490
Merit: 266



View Profile
July 29, 2014, 03:33:47 PM
 #21753

Fried "Kong"

(Sponganglies = Prehistoric Lizard)

Can anyone summarize what actually happened with Spondoolies' new chips and miners? I heard there may have been some problems recently? They seemed to know their stuff pretty well, what happened? (Please, not in an all-to-bashy-pro-AM-like-Jimmothy-way Smiley)

Suicide child bomber took out their manufacturing plant? (pure speculation)

Disclaimer - I hold AsicMiner shares


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
atx.btc
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
July 29, 2014, 03:36:37 PM
 #21754

I haven't seen any pictures of old ladies holding up pictures of blades and Friedcat 4 president signs since the announcement of the cat!


look 4 posts before FC's...  Grin
ensurance982
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Trust me!


View Profile
July 29, 2014, 03:40:31 PM
 #21755

I haven't seen any pictures of old ladies holding up pictures of blades and Friedcat 4 president signs since the announcement of the cat!


look 4 posts before FC's...  Grin

Yeah, before FC's post!!! But not since then! Do you believe, maybe, those pictures summoned him somehow? Can we plot a graph of those pictures and the time he actually posts?

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
atx.btc
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
July 29, 2014, 03:43:08 PM
 #21756

maybe you're onto something....

FC's running for President. You heard it here first folks. Announcement 8/2/14
ensurance982
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Trust me!


View Profile
July 29, 2014, 04:23:48 PM
 #21757

maybe you're onto something....

FC's running for President. You heard it here first folks. Announcement 8/2/14

Yeah, that'd be something! But where, in China or in the US, or maybe the European Union? He could make Bitcoin a FIAT currency Cheesy Cheesy

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
JimiQ84
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
July 29, 2014, 04:26:47 PM
 #21758

Per
https://bitcoinwisdom.com/bitcoin/difficulty
Hashrate in middle of July was roughly 100,000,000 GH/s, today it is closer to 140,000,000.  Obviously that is not all Friedcat, but we can reasonably assume he has maybe half or so of that increase.


Below is quick math, someone please check.

Friedcat had roughly 30,000 TH/s deployed with each blade doing ~10 GH/s in the middle of 2013.

That is roughly 3,000,000 blades with 32 chips per blade or 96,000,000 chips (not sure if thats right, seems high).

Someone check that math (its gotta be wrong) before we look at the hashrate of deploying that many chips with current gen chips.

It was 30-50 TH/s, not 30,000 TH/s :-)
ensurance982
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


Trust me!


View Profile
July 29, 2014, 04:40:49 PM
 #21759

Per
https://bitcoinwisdom.com/bitcoin/difficulty
Hashrate in middle of July was roughly 100,000,000 GH/s, today it is closer to 140,000,000.  Obviously that is not all Friedcat, but we can reasonably assume he has maybe half or so of that increase.


Below is quick math, someone please check.

Friedcat had roughly 30,000 TH/s deployed with each blade doing ~10 GH/s in the middle of 2013.

That is roughly 3,000,000 blades with 32 chips per blade or 96,000,000 chips (not sure if thats right, seems high).

Someone check that math (its gotta be wrong) before we look at the hashrate of deploying that many chips with current gen chips.

It was 30-50 TH/s, not 30,000 TH/s :-)

I think that comma isn't a decimal comma, but rather indicating that it is 30 point zero TH/s. Screw the differences between those notations!!!

                                                                                                                      We Support Currencies: BTC, LTC, USD, EUR, GBP
DebitMe
Legendary
*
Offline Offline

Activity: 2632
Merit: 1009

Get Paid Crypto To Walk or Drive


View Profile
July 29, 2014, 04:46:03 PM
 #21760

Per
https://bitcoinwisdom.com/bitcoin/difficulty
Hashrate in middle of July was roughly 100,000,000 GH/s, today it is closer to 140,000,000.  Obviously that is not all Friedcat, but we can reasonably assume he has maybe half or so of that increase.


Below is quick math, someone please check.

Friedcat had roughly 30,000 TH/s deployed with each blade doing ~10 GH/s in the middle of 2013.

That is roughly 3,000,000 blades with 32 chips per blade or 96,000,000 chips (not sure if thats right, seems high).

Someone check that math (its gotta be wrong) before we look at the hashrate of deploying that many chips with current gen chips.

It was 30-50 TH/s, not 30,000 TH/s :-)

I think that comma isn't a decimal comma, but rather indicating that it is 30 point zero TH/s. Screw the differences between those notations!!!

nope, he is right, that is where I was off.  Blah, messing up my TH to GH conversion ratio Smiley

So, 30 TH/s or 30,000 GH/s which would be 3,000 blade and 96,000 chips.

So if he deployed another 96,000 chips he would be close to 100 TH/s or about 7% of the market.  Perhaps there is a new datacenter he is acquiring/opening?

Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
https://coinhunt.gsc.im/IZIijYr64Q
Pages: « 1 ... 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 [1088] 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 ... 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!