ASICMINER: Entering the Future of ASIC Mining by Inventing It

[tinyfox266]

A little more action https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i. It's a sign ;-)

Yeah, 60 BTC have been withdrawn from that address. I don't really think this is a 'good' sign :/ Also, the fact that we've just seen 10 more BTC after about 48 hours means, we're indeed mining with 270 TH/s on BTCGuild and the hourly payout is set for 10 BTC, at least the numbers for that scenario add up perfectly... Huh, well we'll see I guess...

maybe https://blockchain.info/address/1ERszMSERwHNR9Xty73KZXpsg1jjBXWcHh is the payout address of AM, which means that there will be  huge dividends up comming.

[lophie]

So you all are saying even though FC is ignoring you all ( regularity of updates wise ). and missing all marks that he himself stated, You are still rallying up expectations of a huge imminent divs soon based on pseudo information that have most of it built on "assumptions". Not even educated assumptions someone just suggested 279GH would get you 10 BTC on hourly bases........

I really hope the expression skills just failed him and he doesn't really believe that..... otherwise oh my..... oh my my......

[Endlessa]

Shut up.

Declaration: I am holding 100+ AM shares.

Where is the dedicated PR person promised so many times? Yeah, yeah, some boardmembers recently said it had been addressed (how many times now??). I believe it is safe to say that it has now been promised for more than a year. Or have we even passed 2 years already?

Where is the hashrate meter?

AM holding back info not to give competitors any advantage? No, I do not have any more patience. I am watching the shareprice going down and down. And that is for a reason. Yeah, yeah some tiny funds are being shuffled. A moron sales person has been coming up in the forum. Complaints are left unanswered and are being answered by shareholders and helpful members rather than AM themselves to keep up AM's reputation.
Trolls of the competitors are showing up. AM seems to have no intention or power to silence them. Shareholders have to do the dirty work. Shareholders are trying to crowdfund for advertisements. Seriously? There is no website that even a teenager would be able to set up.
The firmware of the Tubes is lousy. No official replies to that apart from some fc posts at will.

No updates. Comments of the competitor's shills are not being taken care of. Shareholders have to fight it. AM is a multimillion $ business? My hairy ass... As much as that is hurting my holdings.

How much more of "I JUST DON'T GIVE A FUCK" is possible from AM?
Such first mover advantage and bright potential screwed by negligence and incapability. Amateurs galore.

I think ya missed my point.  My sarcasm wasn't in direct disagreement with your discontent, but more so pointed towards the irony of someone shoveling ad space for products into their signature, while railing against the company they are trying to tell people they should buy from.  Also, that it makes the thread looks super cheesy when 6 people speaking all have the same ad spam in the sig.

On a side note, ty on the heads up about turning off sigs, but, in general, I don't filter the meta in a forum because I lose context on who I'm speaking too.  Though, in this case, it is extremely tempting.

[vortex1878]

I am promoting AM's products because I am convinced of them. Imho they are the only Mining Hw that will generate ROI (and beyond) for the buyers. In addition as a shareholder I am benefitting from sales. That I am not happy with AM's behaviour towards their shareholders and AM's sales approach is a complete different story.

Sorry for my impoliteness btw. It was late yesterday...

[Gws24]

So you all are saying even though FC is ignoring you all ( regularity of updates wise ). and missing all marks that he himself stated, You are still rallying up expectations of a huge imminent divs soon based on pseudo information that have most of it built on "assumptions". Not even educated assumptions someone just suggested 279GH would get you 10 BTC on hourly bases........

I really hope the expression skills just failed him and he doesn't really believe that..... otherwise oh my..... oh my my......

I think Ensurance meant 10btc in 48 hours because the last payout of 10 btc was on the 13th and the one before that on the 11th. The hourly was mixed up in there because the assumption made is that AM set the automatic payout to 10btc which normally happens every hour if the set amount is reached.

[keewee]

A little more action https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i. It's a sign ;-)

Yeah, 60 BTC have been withdrawn from that address. I don't really think this is a 'good' sign :/ Also, the fact that we've just seen 10 more BTC after about 48 hours means, we're indeed mining with 270 TH/s on BTCGuild and the hourly payout is set for 10 BTC, at least the numbers for that scenario add up perfectly... Huh, well we'll see I guess...

maybe https://blockchain.info/address/1ERszMSERwHNR9Xty73KZXpsg1jjBXWcHh is the payout address of AM, which means that there will be  huge dividends up comming.

That address is now empty

[CoinBomb]

weren't there some blockchain visualising tools developed around the mtgox implosion? They might be able to graph these movements a bit better.....anyone know them?

[keewee]

weren't there some blockchain visualising tools developed around the mtgox implosion? They might be able to graph these movements a bit better.....anyone know them?

You can use the tree view for a transaction at blockchain.info to see how it propagates to new addresses. Try https://blockchain.info/tree/64385545 for example. Unfortunately, unless you know the ownership of the addresses it doesn't help a lot. I'm sure there is someone cleverer than me who might be able to work it out  

[stompysteve]

Couple things from the RM update that dont seem very promising (I cut alot of stuff out but see blog for full post)

Update

Update and Dividends of August:
http://blog.rockminer.com/t/7/

1) In August, we mainly produced 1,000 units of T1 Bitcoin miner (based on ASICMINER’s open source blades). About 300 qualified ones have been sold. And only a few of them were sold at price above our cost while the rest majority were sold at price lower than the cost because of price comparison and fierce market competition. Overall, this batch of T1 miner has been in loss.


4) We originally planned to deploy at least 2P hashing power via cooperating with ASICMINER. But this plan has to be temporarily postponed for various reasons such as mining difficulty is rising up than our expectation, intense competition and prolonged low price of BTC. The plan waits to be carried out in the future at a proper timing.

maybe #4 is why AM still is only hashing at 280TH

[jjdub7]

Ah...if the first dividend isn't more than 0.02 BTC per share, the price is going to plummet.  I've watched this situation unfold for over a month now, and now halfway through September, still no release.  The salon over the summer seems to have been perceived as adequate PR for the rest of the year,

[irritant]

nobody remembers FC refunded the 200 BTC fee mistake?

[hdbuck]

nobody remembers FC refunded the 200 BTC fee mistake?

I do whats the point?

[vortex1878]

I heard that the 28nm chip will tape-out in 8 days.   

I heard this news too. Waiting for the next weekend.

Has this just been a (false) rumour after all? No sources were provided despite some users asking for it.

[stompysteve]

I heard that the 28nm chip will tape-out in 8 days.   

I heard this news too. Waiting for the next weekend.

Has this just been a (false) rumour after all? No sources were provided despite some users asking for it.

if it theoretically did tape out today, how long until we actually got confirmation it was done, or chips to test

[webbrowser]

All of us got involved knowing that communication has always been bad with AM.

I give AM more latitude than any other company I deal with.
Almost to the point that I feel guilty when I hold real people to actual standards..  I almost feel like a hypocrite.
I would never, in a million years, put this much money at risk - in the real world - with these types of chronic communication deficiencies.
When shit does hit the fan, communication is crucial.
It can sabotage even the most talented, able company.

I don't know.  Not saying that communication is /hard/. But amongst all the priorities that AM and the small team has...

- better communications with shareholders
- chip sales & support
- tube sales, assembly, packaging & support
- deploying to a self-mining farm, and maintaining it
- gen4 design, tape-out and what not

What do you think the relative priority of "better communications with shareholders" lies? Especially if this particular task needs someone who is trustworthy and understands english.

I'm sure there are plenty of people here who would do PR for AM for free or for only a nominal fee, who have the needed skills and background.

The need to be trustworthy is not just lip service, because there is an immense opportunity for insider trading, not to mention the PR statement tends to move the market.

I do agree that the website could do with better design, proper shopping cart, etc.  Add that to another in the list of tasks/priorities for the team.

[webbrowser]

From the transaction on the address
https://blockchain.info/address/1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq

I'm sure the mining address 1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq is AM's mining address.

Nice speculation.

Appears to have started small automatic withdrawals in late July...  check!

Appears to be getting ~ 40 BTC daily in the past few dates.  By my calculations, that's 2.4 PH of miners - correct?

BTCguild rankings shows only 1 possible user at that speed, userid 566620. 

[nycgoat]

Looks like this is where the coins are going: https://blockchain.info/address/16V3hoVfbQmpQQpCSkAirjVHGfSFoDFSbW

[Luffy27]

Hi Guys

My Findings regarding mining addresses:

 - Official Asicminer mining address: https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
 - https://blockchain.info/address/1H7FpBV8huVmPvt5eRzszAkgnERH2FaWvq: Receives payouts the same way the official mining address does since a few days. Payouts started on July 24. Same as the official mining address, it forwards to https://blockchain.info/address/1ERszMSERwHNR9Xty73KZXpsg1jjBXWcHh. Also forwards to https://blockchain.info/address/17EA1UT5amSvasuhzUDPs1pLgxdrbRYLAX, which is known from Asicminer Tube sales. Please follow https://bitcointalk.org/index.php?topic=735728.msg8357879#msg8357879

I think it's safe to assume these two addresses indeed belong to Asicminer and are used to receive mining payouts. I gathered these payouts and looked at 10 day intervals to get a rough estimate for Asicminer's hashrate and hashrate growth:

Code:

2014-07-24 to 2014-08-03: 100 btc / 10*3600btc = 0.002777778; estimated total network hashrate: 134PH/s; ASICminer's share: 134PH*0.003611111=0,483888874PH/s
2014-08-03 to 2014-08-12: 230 btc / 36000 btc = 0.006388889; estimated total network hashrate: 141PH/s; ASICminer's share: 141PH/s*0.006388889=0,900833349PH/s
2014-08-13 to 2014-08-22: 280 btc / 36000 btc = 0.007777778; estimated total network hashrate: 165PH/s; ASICminer's share: 165PH/s*0.007777778=1,28333337PH/s
2014-08-23 to 2014-09-01: 351.88981744 btc / 36000 btc = 0.009774717; estimated total network hashrate: 180PH/s; ASICminer's share: 180PH/s*0.009774717=1,75944906PH/s
2014-09-02 to 2014-09-11: 543.13536631 btc / 36000 btc =  0.015087094; estimated total network hashrate: 200PH/s; ASICminer's share: 200PH/s*0.015087094=3.017418702PH/s

Please note: Total network hashrate and coins mined by the whole network are very rough estimates.

Hashrate growth / Deployment speed doesn't look bad at all. I'm very excited for the next few days.

[bbxx]

nice find.
if friedcat would have free power thoose 3ph now would earn 0.04 btc within next year per share
of course if diff would stay as it is now and hashrate too.

will friedcat farm deploy speed overcome difficulty raise?

if yes, share price will go up.

of course assuming paying dividends like in autumn 2013...

[arnuschky]

Hashrate growth / Deployment speed doesn't look bad at all. I'm very excited for the next few days.

Great analysis, thanks. Good to see data rather than just talk.