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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914552 times)
ShroomsKit
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June 23, 2013, 04:46:03 PM
 #8201

Looking at my favorite chart... (http://runeks.dk/bitcoin/ last chart on the page)

Looks like things are not going as well as last week... but the gap is closing!  Share prices also seem to be at an all time high.

I am really interested to see what price point the new batch of ASIC miners come in at... before when no one had yet shipped we could, and did take the best price we could and sold limited volume at high profit.  There was a huge market of people that simply couldn't bring themselves to buy hardware...

Now however it seems the game has changed slightly. I imagine with ASICMINERS lean operation, no website... no substantial advertising... ability to use their own hardware and not get bitched out... ASICMINER could cut margins thinner this run and go for undercutting the competition.  It appears that our competition can not produce units quickly, having not reserved fab time (or whatever such things are needed).  I wonder what strategy will be used, but whatever it is I trust in friedcat.

Not as well as last week? Wasn't last week quite bad?

Its price is not a very relevant factor in its adoption....
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velacreations
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June 23, 2013, 05:23:27 PM
 #8202

Not as well as last week? Wasn't last week quite bad?

no, actually, the mining revenue was consistent with previous weeks.  It was the total revenue that dropped 50%.

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June 23, 2013, 05:35:33 PM
 #8203

Looking at my favorite chart... (http://runeks.dk/bitcoin/ last chart on the page)

Looks like things are not going as well as last week... but the gap is closing!  Share prices also seem to be at an all time high.

Last week it was going way above average until the hashrate dropped towards the last couple of days. I hope this week there will be no more of this "internal troubleshooting". And if the hashrate stays this high, the mining part of dividends should easily reach record-breaking 0.017. Cool

Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
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June 23, 2013, 06:11:47 PM
Last edit: June 23, 2013, 06:33:15 PM by tkone
 #8204

ill be happy with .017 dividends for a few years, while btc slowly rises to 500k each coin Smiley
muauahahahha


edit: wow shares are selling at up to 3.33 each on btct,

i would sell my measly amount of shares in an attempt to have 1 extra share,
but im afraid the benefit of 1more share vs risking all my shares isn't worth it lol

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June 23, 2013, 06:47:19 PM
 #8205

Meanwhile, according to http://www.asicminercharts.com/live/ we control 26% of the network, and according to http://runeks.dk/bitcoin/ our 24-hour average hashrate hit all-time record of 45 TH/s.

Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
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June 23, 2013, 07:33:47 PM
 #8206

ASICminer can increase mining hash rate quite a bit, to make up for lost hardware sales revenue.  That's my read for having increased hash rate.
bitfair
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June 23, 2013, 08:01:34 PM
 #8207

Something is happening:

https://bitcointalk.org/index.php?topic=217104.0

(USB Miner price lowered to 0.99 BTC, distributors announced!)
BigPimpinSpendinCoins
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June 23, 2013, 08:39:39 PM
 #8208

Something is happening:

https://bitcointalk.org/index.php?topic=217104.0

(USB Miner price lowered to 0.99 BTC, distributors announced!)

Let's get weird! Let's get weird! Let's get weird!
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June 23, 2013, 09:26:27 PM
 #8209

Something is happening:

https://bitcointalk.org/index.php?topic=217104.0

(USB Miner price lowered to 0.99 BTC, distributors announced!)

Let's get weird! Let's get weird! Let's get weird!

You mean lets get us some of them badboys!

Will take me a while to climb up again, But where is a will, there is a way...
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June 23, 2013, 09:39:30 PM
 #8210

Something is happening:

https://bitcointalk.org/index.php?topic=217104.0

(USB Miner price lowered to 0.99 BTC, distributors announced!)

I just imagine a bunch of guys around a work bench and computer taking bets on how many millions of dollars they are going to make with share price rising right before posting every announcment.

Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
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VolanicEruptor
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June 23, 2013, 09:40:26 PM
 #8211

Something is happening:

https://bitcointalk.org/index.php?topic=217104.0

(USB Miner price lowered to 0.99 BTC, distributors announced!)

I just imagine a bunch of guys around a work bench and computer taking bets on how many millions of dollars they are going to make with share price rising right before posting every announcment.


share price didn't move much..

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June 23, 2013, 09:49:12 PM
 #8212

Might later but I save that type of comment for speculation  Wink
velacreations
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June 23, 2013, 09:59:35 PM
 #8213


share price didn't move much..


wait for it...

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June 23, 2013, 11:01:07 PM
 #8214

Patience is virtue. I personaly estimate that within 24 hours as I miner's hashrate will reach or surpass the 50TH/s peak. This will escalate the price share probably to between 3.20 to 3.30 btc.
That's a rough estimation though and there are various variables that could invalidate my estimations.
ShroomsKit
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June 23, 2013, 11:24:27 PM
 #8215

Patience is virtue. I personaly estimate that within 24 hours as I miner's hashrate will reach or surpass the 50TH/s peak. This will escalate the price share probably to between 3.20 to 3.30 btc.
That's a rough estimation though and there are various variables that could invalidate my estimations.

It already was at 3.30?

Its price is not a very relevant factor in its adoption....
velacreations
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June 23, 2013, 11:45:13 PM
 #8216

Patience is virtue. I personaly estimate that within 24 hours as I miner's hashrate will reach or surpass the 50TH/s peak. This will escalate the price share probably to between 3.20 to 3.30 btc.
That's a rough estimation though and there are various variables that could invalidate my estimations.

It already was at 3.30?

see, he was right!

ShroomsKit
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June 23, 2013, 11:49:31 PM
 #8217

Patience is virtue. I personaly estimate that within 24 hours as I miner's hashrate will reach or surpass the 50TH/s peak. This will escalate the price share probably to between 3.20 to 3.30 btc.
That's a rough estimation though and there are various variables that could invalidate my estimations.

It already was at 3.30?

see, he was right!

Amazing!

Its price is not a very relevant factor in its adoption....
Pierre
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June 23, 2013, 11:56:07 PM
 #8218




Luck? Or a taste of new hashpower coming online? Smiley
somestranger
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June 24, 2013, 12:01:52 AM
 #8219

Patience is virtue. I personaly estimate that within 24 hours as I miner's hashrate will reach or surpass the 50TH/s peak. This will escalate the price share probably to between 3.20 to 3.30 btc.
That's a rough estimation though and there are various variables that could invalidate my estimations.

It already was at 3.30?

Maybe he was looking at Bitfunder where it's still 3.17 ... get them cheap while you still can!
VolanicEruptor
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June 24, 2013, 12:02:34 AM
 #8220

Speculation based on these hashrate swings is getting old.  Give it a break.. hardware sales are far more important than TH/S in the current hour.

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