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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3917985 times)
nubbins
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June 29, 2013, 09:19:03 PM
 #8781

I decided to open a second group buy for my original Grilled Cat Identity t-shirt design:

Your original design? Wtf..

Sorry, I meant "original" as a synonym for "first" (I've also got a contest in progress for a new t-shirt design).

I've been chuckling at that image for weeks now, I'd love to send you a free shirt from the next run that I print  Smiley

No longer buying/selling Casascius coins. Beware scammers.
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SmiGueL
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June 29, 2013, 09:32:46 PM
Last edit: June 29, 2013, 09:57:03 PM by SmiGueL
 #8782

Don't get me wrong, I've no problem with it you're using the picture Smiley
But I just couldn't stand you're claming it's your own design Tongue

Edit:
A black t-shirt would be awesome  Grin

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
nubbins
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June 29, 2013, 09:36:15 PM
 #8783

Don't get me wrong, I've no problem with it you're using the picture Smiley
But I just couldn't stand you're claming it's your own design Tongue

Goodness no! Sorry for the confusion & thanks for the inspiration (and I mean it about that free shirt)  Cheesy

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Lohoris
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June 29, 2013, 10:38:16 PM
 #8784

because namecoin is a joke
Why is that? I'm far from an expert on the subject but to me it seems like an absolutely brilliant and innovative use of a block chain, and the only existing alternative to the ICANN monopoly. Not a rival to BTC certainly, but I don't think it was ever intended to be one
It is an interesting idea with a totally crappy design.

http://bitcoin.stackexchange.com/questions/2411/what-happens-when-namecoins-stop-being-generated
http://bitcoin.stackexchange.com/questions/3644/namecoin-is-there-any-rationale-behind-the-apparently-foolish-choice-of-havin
http://bitcoin.stackexchange.com/questions/8122/what-problems-exist-with-the-alt-coin-namecoin-and-what-can-be-done-to-fix-them/8134#8134

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KizunaAikawa
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June 29, 2013, 10:42:26 PM
 #8785

damn shoulda brought more at 2.9 back then  Embarrassed
Rival
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June 29, 2013, 10:43:42 PM
 #8786

damn shoulda brought more at 2.9 back then  Embarrassed

Soon people may be saying that they should have bought more at 4.0 today.
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June 29, 2013, 10:45:33 PM
 #8787

i shoulda invent that time machine sooner... Wink
nubbins
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June 29, 2013, 10:46:27 PM
 #8788

damn shoulda brought more at 2.9 back then  Embarrassed

Soon people may be saying that they should have bought more at 4.0 today.

I set up a bunch of medium-sized asks last week at 3.5, 3.6, 3.7, 3.8... was quite surprised to see that all of them had been executed since last night.

Mildly annoyed, yet mildly pleased at the same time   Undecided Smiley

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Lohoris
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June 29, 2013, 10:50:02 PM
 #8789

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?'  

Bitcoin is much more groundbreaking, it solves tons of problems we have with money.

Namecoin just... "meh".
If it wasn't design-broken it would have been "interesting" at best.

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June 29, 2013, 10:51:00 PM
 #8790

Island with solar panels, ocean wave energy, wind energy and huge asic farm will be amazing.
Lol I misread "Island with solar penis".

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freedomno1
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June 29, 2013, 10:55:55 PM
 #8791

Island with solar panels, ocean wave energy, wind energy and huge asic farm will be amazing.
Lol I misread "Island with solar penis".


I don't even want to know where that came from do I
Imagines a solar panel shaped like that  Grin Trolling

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June 29, 2013, 11:21:50 PM
 #8792

Island with solar panels, ocean wave energy, wind energy and huge asic farm will be amazing.
Lol I misread "Island with solar penis".


When are you coming out of the closet?
On to other news, shares are so close to BTC4

minerpumpkin
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June 29, 2013, 11:38:15 PM
 #8793

Bought some more just under 0.04 at Havelock. Time to go to bed now...
I want them to be at 0.08 when I wake up!  Cheesy

I should have gotten into Bitcoin back in 1992...
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June 29, 2013, 11:41:35 PM
 #8794

Bought some more just under 0.04 at Havelock. Time to go to bed now...
I want them to be at 0.08 when I wake up!  Cheesy

you heard the man!  get to it!  get those share prices up! go! go! go!

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June 29, 2013, 11:42:03 PM
 #8795

ugh why did shares go up so fast? there goes my ideas for buying more with dividends Sad
ughhh can we stop the fast rise please!

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June 29, 2013, 11:54:01 PM
 #8796

ugh why did shares go up so fast? there goes my ideas for buying more with dividends Sad
ughhh can we stop the fast rise please!


Maybe it will calm down after dividends

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June 30, 2013, 01:25:17 AM
 #8797

ugh why did shares go up so fast? there goes my ideas for buying more with dividends Sad
ughhh can we stop the fast rise please!

This:

English translation of slides from https://bitcointalk.org/index.php?topic=246253

3.4BTC * 400,000 = 1360,000BTC
> 0.136 billion USD

Q: How much hashing power does Bitfountain plan to deploy within this year?
Friedcat: 800-1000T within this year.

Q: What are the specs of the second batch? When will the mass production begin?
Friedcat: The exact numbers will only be known when the chips are out of fab, currently we only have simulated results. Mass production will be in October the earliest.

Q: What would be the physical address of the offshore company be to registered?
Friedcat: It will be on an island where financial freedom is more possible to achieve.

Q: Do you have plans for future other than mining and selling hardware?
Friedcat: ASICMINER's business is confined within mining and selling mining hardware. We might do some    
periphery work, but that won't be too distant.

Q: What kind of investors or business partners are you keeping in touch with?
Friedcat: We currently don't accept external funds, so there is no private investors. The partners we keep in touch with are mostly tech related.

Q: After the batch shipping from Avalon and BFL, how would the manufacturers in Shenzhen compete with them?
Friedcat: Our advantage to manufacture chips at the cost price is invincible.

Q: Are you hiring? What kind of people do you need?
Friedcat: We need people specialized in analog electronics, but we don't put much hope in finding this kind of people within China.

Q: Any plans or strategies that are suitable for the public to know?
Friedcat: We will be focusing more on the area that we have the most advantage in. It depends on whether we have more advantage in chip design or the ability to deployment fast.

Q: Why the hashing power of AM is not stable?
Friedcat: The variance of solo mining itself is relatively huge. And the whole network is being DDOS'ed lately, the 0.8.3 version of the software has fixed some bugs so as to prevent DDOS.
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June 30, 2013, 02:29:11 AM
 #8798

Today was crazy, but it still doesn't look like anyone wants to breach that 4.00 mark at this time. 
If divs are big, another rise is probably more likely than a cool down. several big dividends in a row will send it up for sure.


we're 36 shares away from 4 right now. I suspect it will pass that mark tonight or in the morning.

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June 30, 2013, 03:12:09 AM
 #8799

Probably most of you don't agree, But this actually making me a bit sad I am a long term investor and crashes and low prices are a good thing so I could get more shares. This way I would have just to lurk and yawn.

I am a long term div guy  Cool

Will take me a while to climb up again, But where is a will, there is a way...
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June 30, 2013, 03:25:00 AM
 #8800

Probably most of you don't agree, But this actually making me a bit sad I am a long term investor and crashes and low prices are a good thing so I could get more shares. This way I would have just to lurk and yawn.

I am a long term div guy  Cool

+1

I also made a "mistake" trying to diversify and sold some AM shares to pick up a some AMC. Luckily I got most out of AMC at nearly no loss, but I missed a .6 per share gain on AM. :-/ AMC just might be legit, but once I realized AMC and VMC were owned separately and the IPO price can be changed as people buy in, I got out.
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