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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914565 times)
rdponticelli
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June 21, 2013, 04:43:02 PM
 #8101

Reminder -- We're collecting questions from the community that will be compiled and voted on (by the community as well,) and passed on to Friedcat by TAT.

If you have questions that you feel are important, please submit them via PM to either ThickAsThieves, FrankTank, VJain or myself.

Ian

Did he answer the last set of questions?

Yes. ThickAsThieves posted Friedcat's response here:

https://bitcointalk.org/index.php?topic=99497.msg2460719#msg2460719
One of the downsides of the process we went through with the first shareholder poll, where TAT posted Friedcat's response to the forum rather than Friedcat posting it directly himself, is that it is now very easy for a shareholder or investor to miss that response if they attempt the (often recommended!) readthrough of just Friedcat's posts as a means of filtering through the incredible amount of clutter in this thread.

Having Friedcat directly post his response to future polls would be ideal.



There should be a specific, locked down thread used only for announcements. It's about the third time I suggest this, but nobody goes ahead with it.

Well, iirc somebody did sometime, but afterward he stopped.
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ThickAsThieves
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June 21, 2013, 04:44:37 PM
 #8102

Reminder -- We're collecting questions from the community that will be compiled and voted on (by the community as well,) and passed on to Friedcat by TAT.

If you have questions that you feel are important, please submit them via PM to either ThickAsThieves, FrankTank, VJain or myself.

Ian

Did he answer the last set of questions?

Yes. ThickAsThieves posted Friedcat's response here:

https://bitcointalk.org/index.php?topic=99497.msg2460719#msg2460719
One of the downsides of the process we went through with the first shareholder poll, where TAT posted Friedcat's response to the forum rather than Friedcat posting it directly himself, is that it is now very easy for a shareholder or investor to miss that response if they attempt the (often recommended!) readthrough of just Friedcat's posts as a means of filtering through the incredible amount of clutter in this thread.

Having Friedcat directly post his response to future polls would be ideal.



There should be a specific, locked down thread used only for announcements. It's about the third time I suggest this, but nobody goes ahead with it.

Well, iirc somebody did sometime, but afterward he stopped.

Someone does do this, that Quarterly Report thread.

You could always subscribe to my posts too! I'm pretty entertaining at times Wink
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June 21, 2013, 04:56:47 PM
 #8103

Reminder -- We're collecting questions from the community that will be compiled and voted on (by the community as well,) and passed on to Friedcat by TAT.

If you have questions that you feel are important, please submit them via PM to either ThickAsThieves, FrankTank, VJain or myself.

Ian

Did he answer the last set of questions?

Yes. ThickAsThieves posted Friedcat's response here:

https://bitcointalk.org/index.php?topic=99497.msg2460719#msg2460719
One of the downsides of the process we went through with the first shareholder poll, where TAT posted Friedcat's response to the forum rather than Friedcat posting it directly himself, is that it is now very easy for a shareholder or investor to miss that response if they attempt the (often recommended!) readthrough of just Friedcat's posts as a means of filtering through the incredible amount of clutter in this thread.

Having Friedcat directly post his response to future polls would be ideal.



There should be a specific, locked down thread used only for announcements. It's about the third time I suggest this, but nobody goes ahead with it.

Well, iirc somebody did sometime, but afterward he stopped.

I still do it but seeing friedcat is busy and doesn't post often, I don't have much to go by. If you want Speculation, there's a thread for that too.
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June 21, 2013, 05:23:07 PM
 #8104

is it just me or is the 6h average showing 53.84 terahash,
http://www.asicminercharts.com/live/
Huh

edit: also can we get some walls please? lets make a 3.5 big wall 2000+ shares for sale,
dont want these shares to get out of hand too quick, lets rather go up slowly but surely Smiley

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June 21, 2013, 05:50:23 PM
 #8105

is it just me or is the 6h average showing 53.84 terahash,
http://www.asicminercharts.com/live/
Huh

Yup we found 14 blocks in the last 6 hours ^^

But the 30+ TH/s from the last 1.5 day is a safer value to assume Wink

Asicminer Hashrate Charts @ www.asicminercharts.com

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freedomno1
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June 21, 2013, 05:56:33 PM
 #8106

this thread has gone to shit.

Holy shit. Are we just going to keep bitching about the same thing over and over?

Have we asked Friedcat about a dedicated webspace for announcements and discussion? If not can we get that question to him?

See the previous posts regarding questions for Friedcat from the community.

This question IS included in the voting, it did not make the cut last time. We will vote on it again shortly. (Probably within a week or so)

I'll try to behave we have the speculation thread of course if people have the reply's of a user on ignore
There's no point in explaining these redirection locations until someone quotes your post Wink
Although I sometimes mix those two up myself

I do think that the dedicated webspace request will make the cut eventually (Bunch of enraged posters should vote that one up next time)
Or vote up a better question instead and let it be for now until we exhaust our list

The resources are there if you update your list now and then I have a hotlink directory to the important ones

Back to attempting to be silent but I promise nothing
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JordanL
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June 21, 2013, 06:37:38 PM
 #8107

I haven't heard this company (BTC Garden) mentioned much when people are discussing potential future hashrate competitors:

https://bitcointalk.org/index.php?topic=213172.0

Would anyone who has been following this care to share their opinions and/or calculations on this company's potential chance at success, delivery date, and hash rate?
ianp
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June 21, 2013, 07:46:16 PM
 #8108

I haven't heard this company (BTC Garden) mentioned much when people are discussing potential future hashrate competitors:

https://bitcointalk.org/index.php?topic=213172.0

Would anyone who has been following this care to share their opinions and/or calculations on this company's potential chance at success, delivery date, and hash rate?

The issue with future potential hashrate competitors is kind of a tough one.

ASICMINER has a huge head start, and (should have) a huge bank account.

It would take a competitor of massive proportions to have the same amount of stroke the AM currently has with vendors.

Future hashrate predictions/competitors don't always pan out into a real competitor. Those are the two things to consider for the pro-ASICMINER side of the argument.

As for the competition, they could be successful if they can manage to execute on what they offer in a timely manner. Current competitors do not seem to be doing this.

$0.02

Ian
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June 21, 2013, 08:30:05 PM
 #8109

I haven't heard this company (BTC Garden) mentioned much when people are discussing potential future hashrate competitors:

https://bitcointalk.org/index.php?topic=213172.0

Would anyone who has been following this care to share their opinions and/or calculations on this company's potential chance at success, delivery date, and hash rate?

BTC garden is funded by the owner of largest Chinese bitcoin forum, BTCMAN.COM
They not going to sell there devices into market, instead they will offer cloud hash. the price is around 800-1200BTC per 1T/hash rate and then aimed to adding 100 T after august, but I do not believe they could generate such amount at that time, because their products are too expensive ,I do not think people will go 1TH for that BTC, 1 TH is the minimum order I seen so far.


bitfair
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June 21, 2013, 09:57:56 PM
 #8110

I haven't heard this company (BTC Garden) mentioned much when people are discussing potential future hashrate competitors:

https://bitcointalk.org/index.php?topic=213172.0

Would anyone who has been following this care to share their opinions and/or calculations on this company's potential chance at success, delivery date, and hash rate?

The issue with future potential hashrate competitors is kind of a tough one.

ASICMINER has a huge head start, and (should have) a huge bank account.

It would take a competitor of massive proportions to have the same amount of stroke the AM currently has with vendors.

Future hashrate predictions/competitors don't always pan out into a real competitor. Those are the two things to consider for the pro-ASICMINER side of the argument.

As for the competition, they could be successful if they can manage to execute on what they offer in a timely manner. Current competitors do not seem to be doing this.

$0.02

Ian

I'm expecting a price-war to materialize in the course of the year. Even though that means that the current premium that AM is charging would disappear, AM is incredibly well-equipped for competing in that price-war: their war-chest is full (NRE costs recovered ages ago), their process is cheaper (130nm), and their reputation is outstanding compared to competitors.

Bring it on!

Edit: AM may be disadvantaged in the power-efficiency, but that is far away from being the deciding factor in the war - will only come into play when network hash rate reaches double-digit peta-hashes per second.
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June 21, 2013, 10:24:47 PM
 #8111

BTC3 here we come

I'm a fucking oracle.

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June 21, 2013, 10:29:11 PM
 #8112

Everytime friedcat announce anything share rises, it goes like this.
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June 22, 2013, 12:01:15 AM
 #8113

There doesn't seem to be much resistance till 3.55... but looks like the demand isn't there "yet". Likely with next weeks dividends (guessing 0.2~ based on the charts), along with the upcoming next batch of hardware we can see that broken. Probably a mass selloff at that point, dropping it down a few notches.

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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June 22, 2013, 12:12:03 AM
 #8114

Guys what about this issue of poor friedcat and all these direct share transfers?

Seems a little ridiculous to have the CEO of a $100+ MM company updating an excel sheet every day.

Whats the answer?

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  Website
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Whitepaper
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dhenson
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June 22, 2013, 12:16:06 AM
 #8115

Guys what about this issue of poor friedcat and all these direct share transfers?

Seems a little ridiculous to have the CEO of a $100+ MM company updating an excel sheet every day.

Whats the answer?

It's been my impression that he has staff monitor those transfers.  Notice 'he' commonly says "We verify..."

Just my 2BTC
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June 22, 2013, 12:16:26 AM
 #8116

Guys what about this issue of poor friedcat and all these direct share transfers?

Seems a little ridiculous to have the CEO of a $100+ MM company updating an excel sheet every day.

Whats the answer?

Let poor friedcat Hire some support staff for ASICMINER Wink
Although I think that it's sort of neat that the CEO of a 100+ MM company is updating an excel sheet every day
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June 22, 2013, 12:32:30 AM
 #8117

wow 36hr charts show 40 terahash or more! wow!
anyone have that chart of estimated dividends based on hashrate?

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June 22, 2013, 12:34:54 AM
 #8118

Guys what about this issue of poor friedcat and all these direct share transfers?
Seems a little ridiculous to have the CEO of a $100+ MM company updating an excel sheet every day.
Whats the answer?

It's been my impression that he has staff monitor those transfers.  Notice 'he' commonly says "We verify..."

I've followed this thread for some time (every page, since the beginning Wink) and he said the following about that:

Update
It has been and will always be me myself who use the forum id friedcat to post updates and replies. If my partners are to announce the news or contact the shareholders instead of me, they will use their own account.

Asicminer Hashrate Charts @ www.asicminercharts.com

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June 22, 2013, 12:50:07 AM
 #8119

That's both good and bad to know.

I'll now have guilt each time I buy a small number of shares  Wink
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June 22, 2013, 01:00:55 AM
 #8120

anyone have that chart of estimated dividends based on hashrate?

Here are the charts I follow:

http://www.asicminercharts.com/live/

http://runeks.dk/bitcoin/

http://www.asicminercharts.com/
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