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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914277 times)
hdbuck
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August 17, 2014, 05:51:14 PM
 #22201

Nah, its one of the original set of... 6? 12? made by a guy here in the thread.  Sameish design, but on black... and special because it was one of the first.  The design is also different, the cat is in the pan, being fried.
How about this then good Sir?:
https://bitcointalk.org/index.php?topic=246518.0
Thats it!  Wait... I ordered 2?!  I only ever got one... I think.  O DAMN!  Now I have to search my house....
Edit: LOL I paid 1 BTC for a shirt back in 2013, I hate looking back at old posts -_-

ROFLMAO Grin one day it will be one of the most expensive tshirt on earth!
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aahzmundus
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August 17, 2014, 05:53:18 PM
 #22202

ROFLMAO Grin one day it will be one of the most expensive tshirt on earth!

Turns out I bought a shirt for SmiGueL as well to thank him for his work predicting divs and watching hashrate, at least I have always been generous!

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August 17, 2014, 05:56:29 PM
 #22203

ROFLMAO Grin one day it will be one of the most expensive tshirt on earth!

Turns out I bought a shirt for SmiGueL as well to thank him for his work predicting divs and watching hashrate, at least I have always been generous!

yea thats the spirit!
btw i paid an usbminer for around 2BTC back in the days.. good ol days good ol days.. Grin Cheesy
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August 17, 2014, 05:58:32 PM
 #22204

I'm hopeful, but canarys us GB for tubes is around 20-30 pieces @ 1.04 BTC with thin margins. Recall the first 10 ghs blades that were sold were 50 btc each.

Keep in mind that when those were being sold for 50 BTC/blade, there were only "three" options at the time for ASIC hardware: AM, Avalon, & BFL. Of those three, only AM had hardware on hand and BTC was about $115; higher demand/low supply and lower BTC value (in relation to USD).

Now there's plenty of options and higher BTC value, of course there BTC margins aren't going to be as good. To compensate, that's why much of the focus was aimed towards maximizing volume lately. We'll find out soon how well they've been selling.
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August 17, 2014, 06:55:28 PM
 #22205

I just washed my FC shirt so I can celebrate Divs day this Wednesday.  FC don't let me down!


Just washed mine too:



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MichaelBliss
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August 17, 2014, 07:16:10 PM
 #22206

Remember: hang to dry those precious shirts guys.   Wink  I'm jealous though I remember deciding not to order that shirt, so I have only myself to blame. 
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August 17, 2014, 08:04:01 PM
 #22207

Nah, its one of the original set of...

No, that idea was derived from the "original shirt" from Neilol and I which is what KarmaShark had posted. Look at the dates  Wink

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August 17, 2014, 10:49:10 PM
 #22208

Nah, its one of the original set of... 6? 12? made by a guy here in the thread.  Sameish design, but on black... and special because it was one of the first.  The design is also different, the cat is in the pan, being fried.

Yep still have my Friedcat shirt as well ready and what not
Good old nub's shirt  Wink
I also saw a Fellow user in a certain video using it so kudos to the semi anon XD
(Know he lurked AM around that time and bought a shirt and IS not me ^^)



https://www.youtube.com/watch?v=XEthXBHsEac&feature=youtu.be&t=3m5s

Cheers random Friedcat shirt dude !
1/53 ^^



EDIT: Darn AAZ thanks for reminding me  Grin Call it the premium shirt heh
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August 18, 2014, 12:47:42 AM
 #22209

Did friedcat start a sig ad campaign?
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August 18, 2014, 01:26:37 AM
 #22210

Nah, its one of the original set of... 6? 12? made by a guy here in the thread.  Sameish design, but on black... and special because it was one of the first.  The design is also different, the cat is in the pan, being fried.


How about this then good Sir?:



https://bitcointalk.org/index.php?topic=246518.0

Thats it!  Wait... I ordered 2?!  I only ever got one... I think.  O DAMN!  Now I have to search my house....

Edit: LOL I paid 1 BTC for a shirt back in 2013, I hate looking back at old posts -_-

 Wow!  That shirt is worth more than your washing machine.  You should have it stuffed and mounted Wink
101111
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August 18, 2014, 02:38:12 AM
 #22211

Did friedcat start a sig ad campaign?
details here: https://bitcointalk.org/index.php?topic=739269.0
Embret
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August 18, 2014, 10:49:42 AM
 #22212

Havelock has been down for atleast a few hours now. Is this downtime normal?
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August 18, 2014, 10:53:27 AM
 #22213

Havelock has been down for atleast a few hours now. Is this downtime normal?

usually only during maintenance, although they never announce or confirm it.
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August 18, 2014, 12:06:43 PM
 #22214

We are working to bring it back up soon. We apologize for any inconvenience.

Havelock Investments
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August 18, 2014, 01:40:45 PM
 #22215

Did friedcat start a sig ad campaign?

Good luck getting into it.  Cheesy

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August 18, 2014, 03:09:13 PM
 #22216

I dont mean to spam, but i know some people dont look in the speculation thread, and no one has come up with any guesses

ensurance982
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August 18, 2014, 05:50:45 PM
 #22217

I'm really worried that the current BTC prices will affect the profitability of the whole mining operation. Sure, we'll mine the same amount of coins and possibly even more if the competition goes down. But, as some people already pointed out, AM will have to pay for electricity and other expenses. And with the price tanking this severely, I think the whole mining operation may become too unprofitable.
FC said, he hoped to continue dividends in August. Maybe he was expecting a bubble in order to being able to make that happen.

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August 18, 2014, 06:38:01 PM
 #22218

Weren't a lot of the chips originally sold in Fiat so shouldn't we have Fiat reserves to handle expenses right now? I'm all for taking a large share of the network even at low profitability if it means we price out competition to give us a better footing when the price increases. That said I still want divs.  Grin

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August 19, 2014, 12:56:57 AM
 #22219

Weren't a lot of the chips originally sold in Fiat so shouldn't we have Fiat reserves to handle expenses right now? I'm all for taking a large share of the network even at low profitability if it means we price out competition to give us a better footing when the price increases. That said I still want divs.  Grin

Exactly this. The low BTC price is the same for everyone - as long as AM can be relatively more profitable then it is good news as it will hamper competitors with higher power costs (I'm looking at you Bitfury)

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August 19, 2014, 01:41:43 AM
 #22220

I'm really worried that the current BTC prices will affect the profitability of the whole mining operation. Sure, we'll mine the same amount of coins and possibly even more if the competition goes down. But, as some people already pointed out, AM will have to pay for electricity and other expenses. And with the price tanking this severely, I think the whole mining operation may become too unprofitable.

For centralised industrial mining operations (like Bitfury, megabigpower?) where the block rewards are converted to Fiat as soon as practical, lower bitcoin prices discourages further investment. This is a good thing, in my view.

If the centralised industrial mining operation only converts to fiat what is necessary to pay for overheads, and holds the rest because they are long on bitcoin, they don't depress the value of bitcoin and I'm somewhat neutral about them.

As for individuals like you and I who are considering exposure to the mining sector, we're probably long-term bullish on bitcoin and would plan to hold most of it. So the decision to mine is essentially a bet that we will reap more in mining over time than if we simply bought and held bitcoins. In this case, I don't think the current bitcoin price is a big factor.
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