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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916265 times)
dhenson
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June 16, 2013, 07:35:54 AM
 #7461

I don't know if this has been said already, but my suspicion is that friedcat is cutting back on the TH in anticipation of the upcoming difficulty increase.  Throttling back now for 24 hours could help increase profits over the next difficulty period if difficulty is kept at reasonable levels.
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June 16, 2013, 08:06:26 AM
 #7462

I don't know if this has been said already, but my suspicion is that friedcat is cutting back on the TH in anticipation of the upcoming difficulty increase.  Throttling back now for 24 hours could help increase profits over the next difficulty period if difficulty is kept at reasonable levels.

No because if network TH suddenly rises then the adjustment of difficulty (that looks at last 2015 blocks blocks generated) will just compensate, it does not look at the last 2 weeks, it looks at the last 2015 blocks generated
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June 16, 2013, 09:17:45 AM
 #7463

So why dont you sell some shares now and buy at 2.3 if you believe it's going to fall?
I don't know about him, but I don't do that because I'm not sure it will fall: I can afford to buy some shares at lower rates, but not at the risk of not being able to buy them in case the rate didn't actually drop.
Hence I'll invest spare money into that, but I won't risk selling my current shares.

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Mausini
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June 16, 2013, 09:57:20 AM
 #7464

So why dont you sell some shares now and buy at 2.3 if you believe it's going to fall?
I don't know about him, but I don't do that because I'm not sure it will fall: I can afford to buy some shares at lower rates, but not at the risk of not being able to buy them in case the rate didn't actually drop.
Hence I'll invest spare money into that, but I won't risk selling my current shares.


man, that's very interesting. what a game changer. thanks for sharing
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June 16, 2013, 09:59:31 AM
 #7465

man, that's very interesting. what a game changer. thanks for sharing
Stop trolling here and polluting this thread, go away.

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VeeMiner
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June 16, 2013, 10:05:36 AM
 #7466

man, that's very interesting. what a game changer. thanks for sharing
Stop trolling here and polluting this thread, go away.


Mausini is actually right. This thread has derailed to btc-e trollbox where everyone keeps on speculating about 0.0001 changes in asicminer passthrough prices. If people want to fill up 3 pages with mindless chatter about this then they should start a thread about this.

It makes sense to discuss the share price and some of the posts which actually calculate why should a share be worth something make sense. It also makes sense to discuss things about asicminer. What doesn't make sense is to keep on babbling about slightest changes in the share price and saying "oh I should have bought more" or "It's awesome I bought more" or "I sold shares that's great". No one cares about this crap.
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June 16, 2013, 10:14:49 AM
 #7467

man, that's very interesting. what a game changer. thanks for sharing
Stop trolling here and polluting this thread, go away.


Lohoris
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June 16, 2013, 10:15:11 AM
 #7468

This thread has derailed to btc-e trollbox where everyone keeps on speculating about 0.0001 changes in asicminer passthrough prices. If people want to fill up 3 pages with mindless chatter about this then they should start a thread about this.
This is a 386 pages thread, which makes no sense at all.
It should have been closed and opened as a full subforum long ago.

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freedomno1
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June 16, 2013, 10:16:19 AM
 #7469

Just posting another reminder for those that have questions for friedcat. A few of us have started to compile questions for submission. Please keep in mind that it is very possible he may not answer some/any questions but would still like to submit them, on behalf of the "minority shareholders."

The plan is to submit these questions on a monthly basis.

Use "Q/A for ASICMiner" for the subject line.

Needs a redirection
On the Point of a Sub-forum it is a lot of pages
Not sure if one security merits it though but could be handy for a bitcointalk area
Unless you meant an official website and/or blog outside of the bitcointalk forums

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nubbins
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June 16, 2013, 10:26:34 AM
 #7470

This is a 386 pages thread, which makes no sense at all.
It should have been closed and opened as a full subforum long ago.

THIS.

Longest thread I ever COMPLETELY read was 96 pages, and it wasn't on this forum. People are at each other's throats here, any thread longer than 5 posts is guaranteed to have at least a few insults or an argument tossed around.

Almost every single subforum here has threads that are too long to manage. Nobody has the time to sift through 400 pages of posts on every topic they're curious about.

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Lohoris
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June 16, 2013, 10:52:24 AM
 #7471

Not sure if one security merits it though but could be handy for a bitcointalk area
It does, for the simple reason that people are posting here in this thread, instead.

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freedomno1
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June 16, 2013, 10:57:32 AM
 #7472

Not sure if one security merits it though but could be handy for a bitcointalk area
It does, for the simple reason that people are posting here in this thread, instead.


Good point not sure where the bitcointalk suggestion thread is but could request it there
(Think it exists)

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shawshankinmate37927
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June 16, 2013, 12:21:50 PM
 #7473

To initiate a transfer, do I just PM friedcat with prof of key ownership? The reason I ask is because the shares were bought privately through a irl friend so I did nothing other than providing a key for dividends. Thank you

Hmmm... This sounds like a peculiar way to buy shares.  Did you buy these shares before you even had an account at bitcointalk.org?  I was under the impression that friedcat maintained a shareholder database that included the bitcointalk.org usernames for all of the directly owned shares as well as their e-mail address.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
VeeMiner
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June 16, 2013, 12:37:57 PM
 #7474

To initiate a transfer, do I just PM friedcat with prof of key ownership? The reason I ask is because the shares were bought privately through a irl friend so I did nothing other than providing a key for dividends. Thank you

Hmmm... This sounds like a peculiar way to buy shares.  Did you buy these shares before you even had an account at bitcointalk.org?  I was under the impression that friedcat maintained a shareholder database that included the bitcointalk.org usernames for all of the directly owned shares as well as their e-mail address.

I think that your impression is wrong, the only thing that's in the database afaik:

- e-mail
- bitcoin address
- amount of shares

shawshankinmate37927
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June 16, 2013, 12:54:05 PM
 #7475

To initiate a transfer, do I just PM friedcat with prof of key ownership? The reason I ask is because the shares were bought privately through a irl friend so I did nothing other than providing a key for dividends. Thank you

Hmmm... This sounds like a peculiar way to buy shares.  Did you buy these shares before you even had an account at bitcointalk.org?  I was under the impression that friedcat maintained a shareholder database that included the bitcointalk.org usernames for all of the directly owned shares as well as their e-mail address.

I think that your impression is wrong, the only thing that's in the database afaik:

- e-mail
- bitcoin address
- amount of shares
I've had shares transferred to me with just a PM from the previous owner to friedcat.  What's the purpose of collecting e-mail addresses of the new owner if shares can be transferred with a PM?  Seems to me that friedcat is willing to accept a PM or an e-mail from a shareholder in order to complete a transfer.

Also, how does friedcat validate that someone owns shares when they hold an auction here on the forum if he doesn't track usernames of shareholders?

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
Thujone
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June 16, 2013, 01:13:34 PM
 #7476


Also, how does friedcat validate that someone owns shares when they hold an auction here on the forum if he doesn't track usernames of shareholders?

By signing a message from the address in the database.
shawshankinmate37927
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June 16, 2013, 01:35:14 PM
 #7477

Also, how does friedcat validate that someone owns shares when they hold an auction here on the forum if he doesn't track usernames of shareholders?
By signing a message from the address in the database.

Sure, that's how it could (and maybe should) be done, but according to TAT's escrow agreement from my last share purchase:

"Friedcat does not normally require signing a message from the Seller's shareholding wallet, but you are welcome to do so when requesting the transfer."

This seems to indicate that he is tracking the usernames of current shareholders and if he receives a PM from that username requesting that a number of shares be transferred to a different bitcoin address, then he complies.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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June 16, 2013, 02:18:30 PM
 #7478

Since people have a problem with us talking about the share price of a security in the security thread, I've started an AM speculation thread over here: https://bitcointalk.org/index.php?topic=235763

Be kind, it's just opinions and speculation and my life savings...

empoweoqwj
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June 16, 2013, 02:33:22 PM
 #7479


Be kind, it's just opinions and speculation and my life savings...

What's the first rule about investment / speculation. Never risk more than you can afford to lose ........ oh dear  Huh

velacreations
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June 16, 2013, 02:36:11 PM
 #7480


Be kind, it's just opinions and speculation and my life savings...

What's the first rule about investment / speculation. Never risk more than you can afford to lose ........ oh dear  Huh
All or nothing, baby!

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