ASICMINER: Entering the Future of ASIC Mining by Inventing It

[SmiGueL]

Anyone noticed the Asicminer ads?  

What is the ad linking too ?

Maybe this page.

But I don't get why they've only updated the startpost of this page with new pics.
_{(Difference is that the new thread is 50 minimum instead of 300)}

Still don't get why those nice mining pictures aren't added to the startpost..

[Maciek]

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?

Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que.

[TsuyokuNaritai]

Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me 

There is a thread explaining these things, anyone can post the link?

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

[CanadianGuy]

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?

Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que.

this could be your problem.. lol

[SmiGueL]

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?

Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que.

this could be your problem.. lol

I think you're confusing them with the sticks
Just 1 blade should be no problem.

@ Maciek: I assume you've send a message to asicminerblades A gmail.com with the info like described here? (and not a PM)


edit:
Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
_{(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% )}

Somebody just paid 8.6BTC fee

[Maciek]

@ Maciek: I assume you've send a message to asicminerblades A gmail.com with the info like described here? (and not a PM)

Yes I did. I guess I just have to wait. I just thought that somebody here was ordering some 12gh/s Blades recently and could tell me how long the waiting time is

[Birdy]

edit:
Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
_{(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees , not 34% )}

My guess: Someone spent 8.7 Btc as fee.
Maybe he wanted to do the miners a favour :3
(or more likely it was an accident)

[Jere.Jones]

Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
_{(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% )}

Because this transaction was included in the block and has an 8.6BTC fee: https://blockchain.info/tx/635c9f18d0da887efa859232df301fd550daa394eececf544d0e4e24a6480ad7

[discobean]

@ Maciek: I assume you've send a message to asicminerblades A gmail.com with the info like described here? (and not a PM)

Yes I did. I guess I just have to wait. I just thought that somebody here was ordering some 12gh/s Blades recently and could tell me how long the waiting time is

I've emailed too, and have had no response for a few days too.

[canth]

Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
_{(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% )}

Because this transaction was included in the block and has an 8.6BTC fee: https://blockchain.info/tx/635c9f18d0da887efa859232df301fd550daa394eececf544d0e4e24a6480ad7

That's still considered an accident though, right? There's no valid reason to attach that large of a fee regardless of the number of BTC being transacted, right?

[runeks]

Runeks, love your chart!  Would it be possible to adjust your second chart, or add a new one, so that there is an overlay of the previous week(s)?  Basically I want to easily at a glance see if we are doing better or worse then last week without having to hover over the line and count the days.  Donations incoming after I get my next divs (spent last weeks on hookers and blow already) as I realize I look at your chart daily, and I have yet to donate to you!

Is this what you had in mind?



It shows that we were way ahead last week, compared to the previous week, but at about the same level this week compared to last week.

It also shows the interesting effect of variance, when comparing this weeks increase in total mining rewards with last week's. We can see it went faster last week for a period (the red line rises faster than the blue line), but that current week's mined BTC caught up with it along the way, which it should if we're mining at the same speed. In fact, if we're mining at the same speed, the lines might divert for a bit, but should always converge at some point, which is what we're seeing.

Good call about adding this chart! It's very useful for investors who'd like to know how we're doing compared to last week.

[nexus 6]

Preview of ASICMINER's forum ads:

Love this add. Seems very well oriented. Who did it? You, TAT?

[Jere.Jones]

Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
_{(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% )}

Because this transaction was included in the block and has an 8.6BTC fee: https://blockchain.info/tx/635c9f18d0da887efa859232df301fd550daa394eececf544d0e4e24a6480ad7

That's still considered an accident though, right? There's no valid reason to attach that large of a fee regardless of the number of BTC being transacted, right?

The transaction had over 950 BTC in inputs so the fee comes to almost exactly 1%.  Maybe a custom wallet that has a silly fee calculation formula?  It is interesting that there was also an output for 0.01(ish)BTC.  It really looks like a wallet bug.  I wonder what wallet they were using because bitcoin-qt wouldn't do this.

[ThickAsThieves]

Preview of ASICMINER's forum ads:

Love this add. Seems very well oriented. Who did it? You, TAT?

Not me this time, twas the man himself, Friedcat.

[SmiGueL]

Love this add. Seems very well oriented. Who did it? You, TAT?

https://bitcointalk.org/index.php?topic=220366.msg2408024#msg2408024

[nexus 6]

Preview of ASICMINER's forum ads:

Love this add. Seems very well oriented. Who did it? You, TAT?

Not me this time, twas the man himself, Friedcat.

Looks like he is capable as well in marketing.  I dont know if finally there is a workgroup, separate arm, or something similar, as was said.  If yes, i would like join.

[iCEBREAKER]

USB blockerupters are overpriced by every metric.  

*triple facepalm*

The only metric that matters is Quantity Demanded at the current price (hint: your personal opinion is not a metric).  Is there a surplus of USB blockerupters because they are "overpriced?"  No, there is not.

In fact, there is a shortage.  So rather than "overpriced" they are actually underpriced.  This isn't even college Econ; it's high school non-honors remedial economics for poets.

Please mind your P's and Q's; poor/cheap economic illiterates should not post in the securities section.  There's enough noise here already.  

[dhenson]

USB blockerupters are overpriced by every metric.  

*triple facepalm*

The only metric that matters is Quantity Demanded at the current price (hint: your personal opinion is not a metric).  Is there a surplus of USB blockerupters because they are "overpriced?"  No, there is not.

In fact, there is a shortage.  So rather than "overpriced" they are actually underpriced.  This isn't even college Econ; it's high school non-honors remedial economics for poets.

Please mind your P's and Q's; poor/cheap economic illiterates should not post in the securities section.  There's enough noise here already.  

*sigh* Lets not start personal attacks based on a misunderstanding.

Your response completely ignores ROI.  And how is there not a surplus? Last I heard, friedcat was sitting on 6,000 units.

I'm not contending that Asicminer should be selling cheaper.  I think they are maximizing profits and that is a good thing.  What I'm saying is that at the current price point, someone would be making a mistake to purchase one (if ROI is in their decision making process).  If people are willing to throw their money at Asicminer then more power to them.

[Factory]

It shows that we were way ahead last week, compared to the previous week, but at about the same level this week compared to last week.

It also shows the interesting effect of variance, when comparing this weeks increase in total mining rewards with last week's. We can see it went faster last week for a period (the red line rises faster than the blue line), but that current week's mined BTC caught up with it along the way, which it should if we're mining at the same speed. In fact, if we're mining at the same speed, the lines might divert for a bit, but should always converge at some point, which is what we're seeing.

Good call about adding this chart! It's very useful for investors who'd like to know how we're doing compared to last week.

I think it is quite impressive to see ASICMINER handle the 28% jump in difficulty so well. So long as management can continue to deploy additional mining hardware, income from mining will remain at a very attractive level.

[lophie]

USB blockerupters are overpriced by every metric.  

*triple facepalm*

The only metric that matters is Quantity Demanded at the current price (hint: your personal opinion is not a metric).  Is there a surplus of USB blockerupters because they are "overpriced?"  No, there is not.

In fact, there is a shortage.  So rather than "overpriced" they are actually underpriced.  This isn't even college Econ; it's high school non-honors remedial economics for poets.

Please mind your P's and Q's; poor/cheap economic illiterates should not post in the securities section.  There's enough noise here already.  

*sigh* Lets not start personal attacks based on a misunderstanding.

Your response completely ignores ROI.  And how is there not a surplus? Last I heard, friedcat was sitting on 6,000 units.

I'm not contending that Asicminer should be selling cheaper.  I think they are maximizing profits and that is a good thing.  What I'm saying is that at the current price point, someone would be making a mistake to purchase one (if ROI is in their decision making process).  If people are willing to throw their money at Asicminer then more power to them.

He did not state that there is a surplus, His exact statement was 'Is there a surplus of USB blockerupters because they are "overpriced?"  No, there is not.'. If this statement was to be debated, I think it would make sense to use the argument that we relatively started to reach a point were we should take advantage of the higher demand at a lower price now before the competitors force us to sell at even lower prices to have any demand at all.

His argument overlooked ROI because it is a different metric and you can call it a different plane since his argument was consolidated in the basics of economics and markets so he did not dive into the nature of the good we are selling being used to generate profit.

I am not pretending to be all knowledgeable in economics I just started studying it on my own for about two years now. But even in my humble opinion, Please stop embarrassing yourself. This is the time to go and do your homework, Especially if you are not trolling and really willing to learn something out of this discussion.