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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3897386 times)
TiuraZ
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May 23, 2013, 09:27:48 PM
 #5781

Update

Online Hashes (theoretical): 24TH/s. Struggling at current 22TH/s in average due to maintenance and troubleshooting (mainly PSU and internal LAN hardware). We are fixing some bottleneck while bringing new hashpower online at the same time.

Shipped Blades: 278. The sales keeps a slow but steady pace.

Shipped USB Sticks: 530. A lot more in the following week.

We are using the same transaction policy of the official Bitcoin client's default behavior.

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.

530 USB Sticks shipped? I thought the minimum amount is 300?

It is. That was arklan's group buy.
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May 23, 2013, 09:47:35 PM
 #5782

How do I buy 2 or 3 of the USB sticks? I'm not seeing any threads under goods/auctions...? Are they not sold in small quantities yet?

check custom hardware section.


Thanks, but your buy is closed! Sad. The other active one is UK-based, it seems... Guess I'll wait until another US one comes along.

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May 23, 2013, 10:00:41 PM
 #5783

Thanks, but your buy is closed! Sad. The other active one is UK-based, it seems... Guess I'll wait until another US one comes along.

The UK based GB operated by A+C offers worldwide shipping, 4 days shipping to the US = about +0.143 BTC to the hardware costs. 269 already sold out of 300.
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May 23, 2013, 10:11:27 PM
 #5784

When will the US-Bees go on sale at Newegg and Amazon???   Huh   Grin


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May 23, 2013, 11:01:45 PM
 #5785

Does anyone know if Friedcat has said conclusively if the goal of 50TH/s by the beginning of June is still within reach or has been pushed back? I looked around the forums and have not found an answer to the question.

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May 23, 2013, 11:09:28 PM
 #5786

Does anyone know if Friedcat has said conclusively if the goal of 50TH/s by the beginning of June is still within reach or has been pushed back? I looked around the forums and have not found an answer to the question.

They decided to sell part of the hardware so as not to get too large a portion of the network hashrate
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May 23, 2013, 11:37:25 PM
 #5787

Update

Online Hashes (theoretical): 24TH/s. Struggling at current 22TH/s in average due to maintenance and troubleshooting (mainly PSU and internal LAN hardware). We are fixing some bottleneck while bringing new hashpower online at the same time.

Shipped Blades: 278. The sales keeps a slow but steady pace.

Shipped USB Sticks: 530. A lot more in the following week.

We are using the same transaction policy of the official Bitcoin client's default behavior.

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.


So next week dividend, theoretically and at a sustained hashrate could go like this:

Mining: ~1030BTC/day  x  7 days = 7,210BTC
USB sales: 9470  x  1.99BTC = 18,845BTC
Blade sales: let's estimate a conservative 100 x 50BTC = 5,000BTC

31055BTC  / 400,000 shares = 0.077635BTC/share

 Shocked

Please feel free to correct my expectations if I'm being too optimistic.

While that would be absolutely fantastic, I'd like to propose a more conservative estimate regarding sales (I agree with your mining estimate so I'll keep your numbers):

Mining: ~1030BTC/day  x  7 days = 7,210BTC
USB sales: 4000  x  1.99BTC = 7,960BTC
Blade sales: 50 x 50BTC = 2,500BTC

17670BTC / 400,000 shares = 0.044175BTC/share

The reason I cut the blade sales in half was that as difficulty rises and price stays the same I would expect demand to drop. As for the USBs, while I've heard rumors that all 10k were already sold (would love to get confirmation on this) the group buys visible on the forum would suggest a much smaller number closer to 1,000-2,000 usbs though I fully expect there to be some bulk buys by resellers that were not made public which is why I bumped my estimate from 1-2k to ~4k usb miners.

If anyone has any corrections or know about something that I might've missed, please let me know. All that being said, a 0.044 dividend is nothing to sneeze at and I am very excited for next Wednesday!

ButterFly Labs will have to order somewhere big quantities of asic chips since their design isn't working.
Anytime somebody mentions problems with their chips, BFL_Josh shows up repeating himself continuously that chips are working perfectly well and the problem is elsewhere.
This elsewhere is taking half a year now, so I assume it must be in a chip design itself.






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delaria
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May 24, 2013, 12:14:19 AM
 #5788

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria
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May 24, 2013, 12:17:42 AM
 #5789

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria

https://btct.co/security/ASICMINER-PT <- Those are full, pass through, shares.

VJain
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May 24, 2013, 12:20:37 AM
 #5790

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria

I recommend reading:

https://bitcointalk.org/index.php?topic=188550.0

There are buy/sell in This Subforum as well as the Auction Sub Forum (when people post threads saying the wish to sell/auction).

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
delaria
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May 24, 2013, 12:23:27 AM
 #5791

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria

https://btct.co/security/ASICMINER-PT <- Those are full, pass through, shares.

Thank you so much.
bobboooiie
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May 24, 2013, 12:41:27 AM
 #5792

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria

I recommend reading:

https://bitcointalk.org/index.php?topic=188550.0

There are buy/sell in This Subforum as well as the Auction Sub Forum (when people post threads saying the wish to sell/auction).

If one buys direct shares in auction, what are they linked to ? My username here ? Or the address that I use to get dividents ?
arklan
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May 24, 2013, 12:42:38 AM
 #5793

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria

I recommend reading:

https://bitcointalk.org/index.php?topic=188550.0

There are buy/sell in This Subforum as well as the Auction Sub Forum (when people post threads saying the wish to sell/auction).

If one buys direct shares in auction, what are they linked to ? My username here ? Or the address that I use to get dividents ?

dividend address.
overc
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May 24, 2013, 12:48:03 AM
 #5794

Just interesting...

So, ASICMiner is selling ASIC blades 10GHash each.
Are they used blades from the current production farm?
delaria
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May 24, 2013, 01:09:52 AM
 #5795

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria

https://btct.co/security/ASICMINER-PT <- Those are full, pass through, shares.

Thank you so much.
EDIT : Sorry for going OT

Unfortunately, i ended up locking myself out of my own account trying to enable dbl factor auth. QR code isn't showing up on the btct.co, anyone having the same issue ?
I've tried with both Chrome 26 and Firefox 21 on windows 7 x64, no QR code shown.
Anyone knows how can i reach burnside in a timely manner ? i tried getting in touch here on the forum but he seems to be offline.

Cheers
overc
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May 24, 2013, 01:45:57 AM
 #5796

Hi everyone, i'm new around here. How does one buy a "full" asicminer share ? i have checked the various PT but they seem to offer only microshares, am i mistaken?
Thanks for your response
Delaria

https://btct.co/security/ASICMINER-PT <- Those are full, pass through, shares.

Thank you so much.
EDIT : Sorry for going OT

Unfortunately, i ended up locking myself out of my own account trying to enable dbl factor auth. QR code isn't showing up on the btct.co, anyone having the same issue ?
I've tried with both Chrome 26 and Firefox 21 on windows 7 x64, no QR code shown.
Anyone knows how can i reach burnside in a timely manner ? i tried getting in touch here on the forum but he seems to be offline.

Cheers

Why would not buy full ASICMiners-PT here ?
https://bitfunder.com/asset/G.ASICMINER-PT
Slightly cheaper now than in btct.co...

dmcdad
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May 24, 2013, 02:20:36 AM
 #5797

Why would not buy full ASICMiners-PT here ?
https://bitfunder.com/asset/G.ASICMINER-PT
Slightly cheaper now than in btct.co...

I believe it is more difficult to transfer shares out f you ever decide to do that (they have a 250 minimum quantity), whereas I think on btct.co burnside will give you 1 free transfer out per month. They both have good reputations on the forum, I believe.
overc
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May 24, 2013, 02:30:34 AM
 #5798

Why would not buy full ASICMiners-PT here ?
https://bitfunder.com/asset/G.ASICMINER-PT
Slightly cheaper now than in btct.co...

I believe it is more difficult to transfer shares out f you ever decide to do that (they have a 250 minimum quantity), whereas I think on btct.co burnside will give you 1 free transfer out per month. They both have good reputations on the forum, I believe.

As far as I understand, the withdrawal from bitfunder is completely free:

Withdraw shares:
To withdraw shares of ASICMINER you will need at least 250 shares.
There is no fee for this service.
Shares will be transferable to an account on any officially designated exchange of ASICMINER.

gramma
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May 24, 2013, 02:55:06 AM
 #5799

I'm going to try to buy one of those miners off someone in Arklan's group buy. I know that there's a good chance that it'll never roi, but they're just so cute!

Back in 2011 IIRC someone was selling bitcoin patches. The cool thing about them was that you could only buy them with bitcoin - 1BTC = 1 patch.  I considered it.

However modest, the ROI on the USB sticks is better, and the sticks are cooler.  I am tempted.

BTC: 1MrNRPo7p8DEyxn87c9BCGwrbatBQeCHc1
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May 24, 2013, 03:37:35 AM
 #5800

Anyone else  struggling to place asks for PT shares on btc-tc? It keeps timing out.

Was my post useful to you?  Tips graciously received!
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