ASICMINER: Entering the Future of ASIC Mining by Inventing It

[TECHICENINE]

 mm ok cool i'm seeing that..so whats with the past 24 hours winding down?..thanks

[velacreations]

This is just my opinion, but I don't think AM needs or wants widespread investor awareness. The general public isn't aware of BTC, much less a foreign company mining and selling BTC mining hardware. Presuming Joe investor gets over those concepts, they then get to learn that purchasing shares amounts to using an "entertainment website" with pass-through shares and that "real" shares are maintained by a guy in China with spreadsheet. I really think that this is too much to expect.

I wasn't saying it to advertise shares, it's to advertise their hardware.  The same thing about a sales site.  Advertising their stocks has no benefit to them, but selling more hardware does.

- Investors should use pass-through shares whenever they think they might hold the shares for less than 90 days or for transactions fewer than 10-20 shares. There are over 100 owners with shares in the single digits and I imagine that this creates extra administrative overhead for AM.

I completely disagree with this.  If it is too much work, then they need to get a better system.  Why should shareholders be inconvenienced because AM has failed to put proper systems in place?  I've seen a number of people offer to help, code or do whatever to get some sort of share system in place, but AM has refused.  They are choosing the current system, not us. 

[TECHICENINE]

This is just my opinion, but I don't think AM needs or wants widespread investor awareness. The general public isn't aware of BTC, much less a foreign company mining and selling BTC mining hardware. Presuming Joe investor gets over those concepts, they then get to learn that purchasing shares amounts to using an "entertainment website" with pass-through shares and that "real" shares are maintained by a guy in China with spreadsheet. I really think that this is too much to expect.

I wasn't saying it to advertise shares, it's to advertise their hardware.  The same thing about a sales site.  Advertising their stocks has no benefit to them, but selling more hardware does.

- Investors should use pass-through shares whenever they think they might hold the shares for less than 90 days or for transactions fewer than 10-20 shares. There are over 100 owners with shares in the single digits and I imagine that this creates extra administrative overhead for AM.

I completely disagree with this.  If it is too much work, then they need to get a better system.  Why should shareholders be inconvenienced because AM has failed to put proper systems in place?  I've seen a number of people offer to help, code or do whatever to get some sort of share system in place, but AM has refused.  They are choosing the current system, not us. 

i'm thinking that as BTC is crashing BTC pours into BTCT type plays just to try to save ones ass...or buy drugs off the road maybe more profit but dangerous market ..lol

[notme]

This is just my opinion, but I don't think AM needs or wants widespread investor awareness. The general public isn't aware of BTC, much less a foreign company mining and selling BTC mining hardware. Presuming Joe investor gets over those concepts, they then get to learn that purchasing shares amounts to using an "entertainment website" with pass-through shares and that "real" shares are maintained by a guy in China with spreadsheet. I really think that this is too much to expect.

I wasn't saying it to advertise shares, it's to advertise their hardware.  The same thing about a sales site.  Advertising their stocks has no benefit to them, but selling more hardware does.

- Investors should use pass-through shares whenever they think they might hold the shares for less than 90 days or for transactions fewer than 10-20 shares. There are over 100 owners with shares in the single digits and I imagine that this creates extra administrative overhead for AM.

I completely disagree with this.  If it is too much work, then they need to get a better system.  Why should shareholders be inconvenienced because AM has failed to put proper systems in place?  I've seen a number of people offer to help, code or do whatever to get some sort of share system in place, but AM has refused.  They are choosing the current system, not us. 

I think ASICMiner's plan to focus on wholesale is better than selling directly to consumers.

[TECHICENINE]

This is just my opinion, but I don't think AM needs or wants widespread investor awareness. The general public isn't aware of BTC, much less a foreign company mining and selling BTC mining hardware. Presuming Joe investor gets over those concepts, they then get to learn that purchasing shares amounts to using an "entertainment website" with pass-through shares and that "real" shares are maintained by a guy in China with spreadsheet. I really think that this is too much to expect.

I wasn't saying it to advertise shares, it's to advertise their hardware.  The same thing about a sales site.  Advertising their stocks has no benefit to them, but selling more hardware does.

- Investors should use pass-through shares whenever they think they might hold the shares for less than 90 days or for transactions fewer than 10-20 shares. There are over 100 owners with shares in the single digits and I imagine that this creates extra administrative overhead for AM.

I completely disagree with this.  If it is too much work, then they need to get a better system.  Why should shareholders be inconvenienced because AM has failed to put proper systems in place?  I've seen a number of people offer to help, code or do whatever to get some sort of share system in place, but AM has refused.  They are choosing the current system, not us.  

I think ASICMiner's plan to focus on wholesale is better than selling directly to consumers.

official channels are being achived as we speak...uplist to real stock exchange is in the cards imo..thanks

[aahzmundus]

CanaryInTheMine is selling USB miners like hotcakes... https://bitcointalk.org/index.php?topic=241414.0

And this is probably just US customers for the most part with the recent reseller agreements friedcat set up...

ASICMINER IS DOOMED SELL YOUR SHARES! (So I can buy them cheep and take in the epic div for this week!)

[binaryFate]

CanaryInTheMine is selling USB miners like hotcakes... https://bitcointalk.org/index.php?topic=241414.0

And this is probably just US customers for the most part with the recent reseller agreements friedcat set up...

ASICMINER IS DOOMED SELL YOUR SHARES! (So I can buy them cheep and take in the epic div for this week!)

Do you think some divs from the new wave of USB sales will be included in this week dividends? That would be pretty damn fast.

[freedomno1]

CanaryInTheMine is selling USB miners like hotcakes... https://bitcointalk.org/index.php?topic=241414.0

And this is probably just US customers for the most part with the recent reseller agreements friedcat set up...

ASICMINER IS DOOMED SELL YOUR SHARES! (So I can buy them cheep and take in the epic div for this week!)

Sssh aahz XD we got to pretend that theirs no hope here
And some probably will be binary

[bobboooiie]

Hmm interesting the Hash dropoff is at the nearly same exact time like last week.

[SOSLOVE868]

Hmm interesting the Hash dropoff is at the nearly same exact time like last week.

Again ,network connection error.

[freedomno1]

CanaryInTheMine is selling USB miners like hotcakes... https://bitcointalk.org/index.php?topic=241414.0

And this is probably just US customers for the most part with the recent reseller agreements friedcat set up...

ASICMINER IS DOOMED SELL YOUR SHARES! (So I can buy them cheep and take in the epic div for this week!)

Sssh aahz XD we got to pretend that theirs no hope here
And some probably will be binary

Ah shoot spoke too soon this is actually real news
Klondike news edited out url the usual vets will know where to reference
Quoted
NEWS FLASH!!! NEWS FLASH!!!

My K16 is hashing with 1 chip.

It's not giving a correct result nonce yet but I'm almost 99% sure that's due to errors in precalc code or maybe I'm shifting in word order backwards.

I soldered an ASIC on the board this morning and spent all day twiddling this and that, mostly getting the clock config right. Then bamm I saw something that looked like nonce bits coming out but they were stunted little bits trying desperately to reach high. But the twinkle was enough and I went through the Avalon reference design again to check and realized I'd not used the correct pull-up value for the result lines. Somehow I f'd up and spec'd 100k resistors instead of 470R. So I quickly removed them and soldered in some 1K that I had here. And the bits sprung forth to their full heights. I was totally excited and hopping around my work bench. Even my wife was in to see what the big commotion was about.

So... next step, test the UART receiver, and muck with the send data until the right nonce comes back.

BTW I'm running at half clock b/c no heat sink attached yet. The chip gets slightly warmish to the finger. With only one chip and half clock you have to set the scope trigger and hold the probes for a while until a nonce is found. I counted about 4-8 seconds but of course it depends on what point it is in it's cycle. One chip at half clock (128MHz) would be about 33 seconds for a full sweep.

[lophie]

Hmm interesting the Hash dropoff is at the nearly same exact time like last week.

Apparently the server room girl and friedcat are going "steady".

Jokes aside, It is interesting how the share price rose as the hashrate topped new highs even though ASICMINER was very clear about planning to maintain a specific percentage of the network Hashrate. I understand the rise in share price from earlier increase of hash power as ASICMINER was trying to reach that percentage but I don't really understand the last rise of value correlation to hash rate since ASICMINER wasn't trying to significantly rise the controlled hashing power percentage.

Maybe it was undervalued to begin with or it is simply the friedcat effect?

[thecodyshow]

Has anyone got any insight as to why the asicminercharts website say that asicminer hasnt mined any new coins since about 4 hours ago?

[velacreations]

simply the friedcat effect?

+1 this

[ThickAsThieves]

Has anyone got any insight as to why the asicminercharts website say that asicminer hasnt mined any new coins since about 4 hours ago?

A watched pot never boils.

[thecodyshow]

Has anyone got any insight as to why the asicminercharts website say that asicminer hasnt mined any new coins since about 4 hours ago?

A watched pot never boils.

lol id have to say there is enough people obsessed with checking those charts that it is always a watched pot

[freedomno1]

Has anyone got any insight as to why the asicminercharts website say that asicminer hasnt mined any new coins since about 4 hours ago?

A watched pot never boils.

lol id have to say there is enough people obsessed with checking those charts that it is always a watched pot

Ha-ha that is actually pretty true I just watch the estimated dividends you guys tell me the hash-rate all the time 

[canth]

This is just my opinion, but I don't think AM needs or wants widespread investor awareness. The general public isn't aware of BTC, much less a foreign company mining and selling BTC mining hardware. Presuming Joe investor gets over those concepts, they then get to learn that purchasing shares amounts to using an "entertainment website" with pass-through shares and that "real" shares are maintained by a guy in China with spreadsheet. I really think that this is too much to expect.

I wasn't saying it to advertise shares, it's to advertise their hardware.  The same thing about a sales site.  Advertising their stocks has no benefit to them, but selling more hardware does.

OK fair enough. I'd still say that it's better for the distributors to do the advertising. Let the parent company do what it does best - desgin, build, sell hardware and mine with it. Everything else is a distraction.

- Investors should use pass-through shares whenever they think they might hold the shares for less than 90 days or for transactions fewer than 10-20 shares. There are over 100 owners with shares in the single digits and I imagine that this creates extra administrative overhead for AM.

I completely disagree with this.  If it is too much work, then they need to get a better system.  Why should shareholders be inconvenienced because AM has failed to put proper systems in place?  I've seen a number of people offer to help, code or do whatever to get some sort of share system in place, but AM has refused.  They are choosing the current system, not us. 

I stick by my original point - for traders that want to jump in and out of the market, there are PT exchanges which accommodate this. I don't blame AM for not bothering managing an easier exchange mechanism since there are PT exchanges that handle this role and it doesn't benefit the long term shareholders much. At the end of the day, PTs are essentially the same thing as direct shares. In the event of bitfunder or btct failing, friedcat has all of our shareholder records anyway.

[VJain]

Has there been any news as to why Avg 12H Hashrate has dipped to 11.5TH~?

[wiak2]

Has there been any news as to why Avg 12H Hashrate has dipped to 11.5TH~?

Not sure, but these blocks are probably ASICMINER with a new IP address:
https://blockchain.info/blocks/61.164.151.77