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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914548 times)
binaryFate
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June 29, 2013, 12:07:50 PM
 #8741

Question: When Friedcat says 800-1000 T this year, does he mean by December 2013? Or does he mean in the next 12 months?

Pretty sure it's December 2013. This number makes perfect sense for December, while 12 months from now is too far for projections.
My 0.02BTC.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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bigbeninlondon
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June 29, 2013, 12:08:45 PM
 #8742

(namecoin is) the only existing alternative to the ICANN monopoly.

No, there are many, many other ICANN alternatives. They are all useless, just like Namecoin. Why? Because regular people can't access them. It's not reasonable to ask everyone on the entire internet to install plugins if they want to access your domains. Namecoin will never be a serious alternative to DNS.

"Regular people" don't use Bitcoin.  This community is a mecca for early adopters, not "everyone on the entire internet."

How are you any more useful than those saying 'there are many dollar alternatives, they are all useless just like Bitcoin?'  

Also, hidden tor services aren't accessible by everyone.  You need special software to access them.  Yet somehow Silk Road is doing rather well...
aahzmundus
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June 29, 2013, 12:10:38 PM
 #8743

Question: When Friedcat says 800-1000 T this year, does he mean by December 2013? Or does he mean in the next 12 months?

I have no idea... but I doubt we will deploy that much.  Previously Asicminer went under the deployment targets... not because we did not have the blades, but because the competition never really... competed.  Deploying too much too soon just makes it harder for us in the long run.  The goal always was 10% of the network, and it has been the norm now for a while to be FAR above that.

I imagine this will mean more hardware sales, which I love, because that is profit NOW instead of having to wait for months of mining.

ShroomsKit
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June 29, 2013, 12:18:54 PM
 #8744

Question: When Friedcat says 800-1000 T this year, does he mean by December 2013? Or does he mean in the next 12 months?

9 out of 10 times this year obviously means before the end of the year.

Its price is not a very relevant factor in its adoption....
yuchuanzhen
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June 29, 2013, 12:19:42 PM
 #8745


One more thing as I know,the new blade will be half price.Not exactly,but pretty much.
Also,we will have a mini one.

Is this information in the presentation? How do you know the new blade will be half price?  Mini blade? details?.  Sent you a tip for confirming the translation/providing valuable information... keep it up!
Sorry,but I don't have the detail.
There was a meeting in Shanghai,China this afternoon.I mean,local time.
We all hope Rockxie will release the price of the new blade,but that's we got.
And that's the source,half official.

Anyway,thanks for the tip. Smiley

Tip:17YxKtDNYWjkhPYTKieh4xSGuyAfL4kJ5o
yuchuanzhen
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June 29, 2013, 12:23:19 PM
 #8746

Question: When Friedcat says 800-1000 T this year, does he mean by December 2013? Or does he mean in the next 12 months?

I have no idea... but I doubt we will deploy that much.  Previously Asicminer went under the deployment targets... not because we did not have the blades, but because the competition never really... competed.  Deploying too much too soon just makes it harder for us in the long run.  The goal always was 10% of the network, and it has been the norm now for a while to be FAR above that.

I imagine this will mean more hardware sales, which I love, because that is profit NOW instead of having to wait for months of mining.
As the presentation says,it means December 2013.

Tip:17YxKtDNYWjkhPYTKieh4xSGuyAfL4kJ5o
aahzmundus
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June 29, 2013, 12:38:38 PM
 #8747

Annnnndddd we are off!  https://btct.co/security/ASICMINER-PT

Price broke through 3.5  Still 40 <3.5 shares on Bitfunder, and TAT also has some below 3.5 but not for long!

I'm going to take a nap, lets hope for 4 per share when I wake up!

ronaldlee0917
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June 29, 2013, 12:46:01 PM
 #8748

800-1000TH, quite a target, but Friedcat never fails to deliver, just bought 10 more shares.

Donation:    18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu
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empoweoqwj
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June 29, 2013, 12:47:55 PM
 #8749

Given this news plus the excellent dividend 99% guaranteed for this week, I think we'll be through 4btc before dividend day
yuchuanzhen
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June 29, 2013, 12:54:20 PM
 #8750


One more thing as I know,the new blade will be half price.Not exactly,but pretty much.
Also,we will have a mini one.

Is this information in the presentation? How do you know the new blade will be half price?  Mini blade? details?.  Sent you a tip for confirming the translation/providing valuable information... keep it up!
Sorry,but I don't have the detail.
There was a meeting in Shanghai,China this afternoon.I mean,local time.
We all hope Rockxie will release the price of the new blade,but that's we got.
And that's the source,half official.

Anyway,thanks for the tip. Smiley
By the way,the ANN of new blade will be in early  July,before 10th,maybe.

Tip:17YxKtDNYWjkhPYTKieh4xSGuyAfL4kJ5o
tinus42
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June 29, 2013, 01:20:45 PM
 #8751

(namecoin is) the only existing alternative to the ICANN monopoly.

No, there are many, many other ICANN alternatives. They are all useless, just like Namecoin. Why? Because regular people can't access them. It's not reasonable to ask everyone on the entire internet to install plugins if they want to access your domains. Namecoin will never be a serious alternative to DNS.

I remember when I had to apply a patch to get 128 bits encryption in Internet Explorer because officially only 56 bits encryption was allowed for "potential enemy aliens" (ie: everyone outside the USA). Lots of people used that patch to get secure encryption.

Lots of people download Flash and Java as well. And Adblock Plus to hide ads. If there are .bit sites that are worth visiting lots of people will download the required plugin for their browser.
muyuu
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June 29, 2013, 01:26:32 PM
 #8752

(namecoin is) the only existing alternative to the ICANN monopoly.

No, there are many, many other ICANN alternatives. They are all useless, just like Namecoin. Why? Because regular people can't access them. It's not reasonable to ask everyone on the entire internet to install plugins if they want to access your domains. Namecoin will never be a serious alternative to DNS.

I remember when I had to apply a patch to get 128 bits encryption in Internet Explorer because officially only 56 bits encryption was allowed for "potential enemy aliens" (ie: everyone outside the USA). Lots of people used that patch to get secure encryption.

Lots of people download Flash and Java as well. And Adblock Plus to hide ads. If there are .bit sites that are worth visiting lots of people will download the required plugin for their browser.

Technology of today would be alien 12 years ago. Tech doesn't advance 12 years overnight, as long as it takes more than 2 weeks or so diff will adjust.

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
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canth
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June 29, 2013, 02:10:09 PM
 #8753

Happy to contribute to all your dividends.  As shareholders, you'll be happy to know that BTC Guild's initial stock (1,000 USB Block Erupters ordered, 800 available to public sales) sold out in under 40 minutes, and already has over 200 units on backorder.

People must want these as novelty items. I don't get it. 40 minutes???

They're going for a premium on eBay. I think that it's for novelty purposes, profit and just to learn about mining. I bought a bunch, plan on selling most and keeping 1 just for kicks.

empoweoqwj
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June 29, 2013, 02:11:16 PM
 #8754

(namecoin is) the only existing alternative to the ICANN monopoly.

No, there are many, many other ICANN alternatives. They are all useless, just like Namecoin. Why? Because regular people can't access them. It's not reasonable to ask everyone on the entire internet to install plugins if they want to access your domains. Namecoin will never be a serious alternative to DNS.

I remember when I had to apply a patch to get 128 bits encryption in Internet Explorer because officially only 56 bits encryption was allowed for "potential enemy aliens" (ie: everyone outside the USA). Lots of people used that patch to get secure encryption.

Lots of people download Flash and Java as well. And Adblock Plus to hide ads. If there are .bit sites that are worth visiting lots of people will download the required plugin for their browser.

"Lots of people" is not enough. If you spend money building a website, you want all the world to see it, not "lots of people". Its $10 a year for a domain everyone in the world can access, or you get a ".bit" site. Like I say, people have launched "domain roots" before outside ICANN, they have tried and tried, spent lots of money, and in the end, all gave up. Its a failed concept.

This isn't silk road. We aren't promoting drugs or trying to hide what we we are doing. we are trying to promote the brilliance of friendlycat and his crew. Why settle for anything less than 100% exposure? Its a no brainer.
empoweoqwj
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June 29, 2013, 02:12:43 PM
 #8755

Happy to contribute to all your dividends.  As shareholders, you'll be happy to know that BTC Guild's initial stock (1,000 USB Block Erupters ordered, 800 available to public sales) sold out in under 40 minutes, and already has over 200 units on backorder.

People must want these as novelty items. I don't get it. 40 minutes???

They're going for a premium on eBay. I think that it's for novelty purposes, profit and just to learn about mining. I bought a bunch, plan on selling most and keeping 1 just for kicks.

Yep, eBay is one of the many channels, and a great one in particular where people pay over the odds for stuff they haven't got a clue what they are buying. Someone will make a real killing on eBay if they have a good rep there and a business plan.
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June 29, 2013, 02:39:36 PM
 #8756

Happy to contribute to all your dividends.  As shareholders, you'll be happy to know that BTC Guild's initial stock (1,000 USB Block Erupters ordered, 800 available to public sales) sold out in under 40 minutes, and already has over 200 units on backorder.

People must want these as novelty items. I don't get it. 40 minutes???

They're going for a premium on eBay. I think that it's for novelty purposes, profit and just to learn about mining. I bought a bunch, plan on selling most and keeping 1 just for kicks.

Yep, eBay is one of the many channels, and a great one in particular where people pay over the odds for stuff they haven't got a clue what they are buying. Someone will make a real killing on eBay if they have a good rep there and a business plan.

Yep - it took me awhile to realize that generally speaking, eBay is the most expensive place to buy just about anything. I'm going to sell them to friends though for only enough to cover shipping - not making a profit this time around.

TsuyokuNaritai
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June 29, 2013, 02:42:02 PM
 #8757

Anyone who wants more shares in the near future may be kicking themselves if they don't get them soon. After a 3 week pause the train might be about to leave the station again.

If you missed that one, the whistle is blowing again right now, a lot louder.

Sell your car, sell your clothes, buy ASICMiner. If you went temporarily insane this week & sold AM shares to get AMC shares, take your losses and come home to the Real Thing before it's too late.

By either this coming dividend or possibly the one after, we'll watching the first cat on the moon.

velacreations
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June 29, 2013, 02:46:41 PM
 #8758

bitfunder has cheap shares at 3.45

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June 29, 2013, 02:55:58 PM
 #8759

(namecoin is) the only existing alternative to the ICANN monopoly.

No, there are many, many other ICANN alternatives. They are all useless, just like Namecoin. Why? Because regular people can't access them. It's not reasonable to ask everyone on the entire internet to install plugins if they want to access your domains. Namecoin will never be a serious alternative to DNS.

I remember when I had to apply a patch to get 128 bits encryption in Internet Explorer because officially only 56 bits encryption was allowed for "potential enemy aliens" (ie: everyone outside the USA). Lots of people used that patch to get secure encryption.

Lots of people download Flash and Java as well. And Adblock Plus to hide ads. If there are .bit sites that are worth visiting lots of people will download the required plugin for their browser.

If it keeps anyone too dumb to install a browser plug-in away then I guess it could be a good thing.


ASICMINER plug-ins are going through testing to be able to be offered with the happy meal..jmo thanks
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June 29, 2013, 03:48:38 PM
 #8760

Anyone who wants more shares in the near future may be kicking themselves if they don't get them soon. After a 3 week pause the train might be about to leave the station again.

If you missed that one, the whistle is blowing again right now, a lot louder.

Sell your car, sell your clothes, buy ASICMiner. If you went temporarily insane this week & sold AM shares to get AMC shares, take your losses and come home to the Real Thing before it's too late.

By either this coming dividend or possibly the one after, we'll watching the first cat on the moon.

Haha, that was me. I didn't sell any AM shares thankfully, just "invested" 10 "spare" BTC in AMC whilst temporarily insane. This morning sold them (for a loss) and reinvested the shares (and some more) back in AM. I can't even believe I got the AMC fever, but from your post, sounds like I wasn't the only person that caught the terrible fever this week. Hardly slept last night, but thankfully managed to dump all the AMC shares today and now I'm a happy bunny having bought the AM shares just before all this latest furrycat news broke  Grin

All's well that ends well !!
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