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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3885604 times)
scrybe
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March 22, 2013, 10:02:42 PM
 #2501


Well, I started selling before the update... not sure anymore what to do Tongue

Sell SOME

"...as simple as possible, but no simpler" -AE
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arklan
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March 22, 2013, 10:15:19 PM
 #2502


Well, I started selling before the update... not sure anymore what to do Tongue

Sell SOME

i'd be happy to take em off your hands. you know. as a favor. Cheesy (i'm such a loser... Cheesy)
velacreations
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March 22, 2013, 10:16:30 PM
 #2503

Well, I started selling before the update... not sure anymore what to do Tongue

sell 'em cheap... to me!

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March 22, 2013, 10:27:51 PM
 #2504

Status
The total hashrate grows much less than this, mostly possibly because of the bottleneck in our local network setting. We are still identifying and fixing the problem.

Im not sure what the network problem is about but at the moment you guys do mine at pools. That means much more traffic instead solomining. Because pools let the miners solve many small hashes and need the solution sent back. Its way more traffic as far as i know.
So did you try to solomine and maybe this can take some pressure out of the network problem? I mean solomining with 6TH isnt a disadvantage like it would be for a gpu-miner. The solved blocks would come in still fast enough.
Its only an idea...

A chip race would be a big, expensive challenge that could easily end in disaster but after the work so far I'd back asicminer to take on the big boys Smiley

I think Asicminer is "THE BIG BOY"... no other to see around... Smiley

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March 22, 2013, 10:50:08 PM
 #2505

...
I think Asicminer is "THE BIG BOY"... no other to see around... Smiley

You think Intel hasn't noticed this yet? I wouldn't bet on that, it would be nice to give them a run for their money when they get interested though.

*lol* Maybe some geeks in their development department made their little project... Smiley But i think Bitcoins are more or less not really on the radar of the big guys. Because a maximum earning of 1800BTC per day (50% network, more would kill the trust and the cashcow) would mean 46,000,000 USD per year. I think it would be too less to bother. But maybe smaller companies... there are miners on the pools where you dont know what they mine with.

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vortex1878
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March 22, 2013, 10:54:26 PM
 #2506

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The total hashrate grows much less than this, mostly possibly because of the bottleneck in our local network setting. We are still identifying and fixing the problem.

Im not sure what the network problem is about but at the moment you guys do mine at pools. That means much more traffic instead solomining. Because pools let the miners solve many small hashes and need the solution sent back. Its way more traffic as far as i know.
So did you try to solomine and maybe this can take some pressure out of the network problem? I mean solomining with 6TH isnt a disadvantage like it would be for a gpu-miner. The solved blocks would come in still fast enough.
Its only an idea...
Only pool-mining retains transparency which is required for investors. Plus solo-mining bears a bigger risk.
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March 22, 2013, 11:01:15 PM
 #2507

Status
The total hashrate grows much less than this, mostly possibly because of the bottleneck in our local network setting. We are still identifying and fixing the problem.

Im not sure what the network problem is about but at the moment you guys do mine at pools. That means much more traffic instead solomining. Because pools let the miners solve many small hashes and need the solution sent back. Its way more traffic as far as i know.
So did you try to solomine and maybe this can take some pressure out of the network problem? I mean solomining with 6TH isnt a disadvantage like it would be for a gpu-miner. The solved blocks would come in still fast enough.
Its only an idea...
Only pool-mining retains transparency which is required for investors. Plus solo-mining bears a bigger risk.

Transparency in what direction? If friedcat would be one of that kind he could silently run some TH for itself and you couldnt notice regardless if he mines solo or at a pool. So at the end you have to trust him anyway. Of course it would be important that friedcat then tells us with how much TH he is mining. Thats not needed yet, when we can see. While i think it would only need a very basic script to give out the actual overall hashrate at the datacenter out to a weppage. So that could even be done automatically.

And what risk do you mean? Pool and solomining is all about solving blocks, while at pools you have more traffic because you solve hashes more often. The only risk i can see is that you have to work a long time until you solve a block. That means you have a slight advantage in poolmining because of the difficulty. But with 6TH you solve blocks fast enough. So i dont see what you mean with risk.

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ThickAsThieves
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March 22, 2013, 11:05:45 PM
 #2508

I'm just hoping the new hashing doesn't turn into a BFL moving target kinda thing.
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March 22, 2013, 11:32:08 PM
 #2509

Is there plans to mine on other pools than the ones already in mining on?

I'm not quiet sure on suggestions, but I do know HHTT has grown heavily in size with other ASIC miners starting to mine there recently.

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March 22, 2013, 11:43:43 PM
 #2510

Is there plans to mine on other pools than the ones already in mining on?

I'm not quiet sure on suggestions, but I do know HHTT has grown heavily in size with other ASIC miners starting to mine there recently.

ASICMINER used to have ~2 TH/s on Ozcoin prior to the hardfork, but consolidated on BTC Guild after that event.  My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.  Obviously this may be changed radically when we start seeing 50 TH/s worth of power.  Whether it will be split among many pools, solo mined, or a mixture, it should be another interesting few months.  2013 has offered a lot of excitement Smiley.

RIP BTC Guild, April 2011 - June 2015
SmiGueL
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March 23, 2013, 12:03:02 AM
 #2511

My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.

They actually mined with a few GH/s (or maybe more) on Ozcoin 2 days ago (I saw it in their Hall of Fame). But for some reason they're fully on Btcguild again.

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
ineededausername
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March 23, 2013, 12:19:32 AM
 #2512

Well, I started selling before the update... not sure anymore what to do Tongue

sell 'em cheap... to me!

I'm selling them pretty cheap over in the Auctions forum... if you feel like bidding

(BFL)^2 < 0
LazyOtto
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March 23, 2013, 03:57:04 AM
 #2513

My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.

They actually mined with a few GH/s (or maybe more) on Ozcoin 2 days ago (I saw it in their Hall of Fame). But for some reason they're fully on Btcguild again.
More than 2 days ago.

As mentioned above, ASICminer left Ozcoin when the fork happened.

And I imagine that is because Ozcoin prioritized getting getwork operations running first and left stratum offline for quite a few hours. IIRC, for longer than half a day Ozcoin's stratum was not functioning.
eleuthria
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March 23, 2013, 04:17:39 AM
 #2514

My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.

They actually mined with a few GH/s (or maybe more) on Ozcoin 2 days ago (I saw it in their Hall of Fame). But for some reason they're fully on Btcguild again.
More than 2 days ago.

As mentioned above, ASICminer left Ozcoin when the fork happened.

And I imagine that is because Ozcoin prioritized getting getwork operations running first and left stratum offline for quite a few hours. IIRC, for longer than half a day Ozcoin's stratum was not functioning.

They didn't prioritize getwork.  Their getwork was still running on pre-0.8 nodes, so they were simply left online during the fork since they were safe (and helping the recovery) to leave online.  But yes, it did take them about 6-8 hours after the fork was over to turn Stratum back on.

RIP BTC Guild, April 2011 - June 2015
LazyOtto
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March 23, 2013, 04:22:08 AM
 #2515

Thank you for the correction, with details, eleuthria.
muyuu
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March 23, 2013, 02:45:20 PM
 #2516

Any pointers on where to trade shares?

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
ThickAsThieves
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March 23, 2013, 02:46:43 PM
 #2517

Any pointers on where to trade shares?


bitfunder.com
btct.com
LazyOtto
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March 23, 2013, 02:48:08 PM
 #2518

Any pointers on where to trade shares?


bitfunder.com
btct.com
Also: https://bitcointalk.org/index.php?topic=148282
SmiGueL
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March 23, 2013, 03:17:07 PM
Last edit: March 23, 2013, 04:32:35 PM by SmiGueL
 #2519

My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.

They actually mined with a few GH/s (or maybe more) on Ozcoin 2 days ago (I saw it in their Hall of Fame). But for some reason they're fully on Btcguild again.
More than 2 days ago.

As mentioned above, ASICminer left Ozcoin when the fork happened.
I know but they HAVE mined with some GH/s (or more) on Ozcoin yesterday 2 days ago Wink and went back to Btcguild after that for some reason.

Please check line 156 of this sheet
Also there was a big dip in the Btcguild hashrate at that moment.

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
Tachikoma
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March 23, 2013, 04:01:48 PM
 #2520

Any pointers on where to trade shares?

The shares on the exchanges are Passthroughs only. You can buy real shares in the thread mentioned. There is some way to buy or sell real shares with the passthroughs somehow but you have to check how it works and if. I only bought shares and for that the prices in the thread are better than the prices at the exchanges.

At BF you can buy shares and get them out the passthrough if you have 250 of them.

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