ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Jutarul]

As long as the fall in hashrate is not because of boards dying, then I guess there must be some logic behind todays events

Although I fail to see why deployment cant be progressive.... Not the first time this has happened.... And we came back with more hashing power in the end :-)

I have no further information, but I think the most likely scenario is a move of the equipment from an open location to a more permanent one, with proper protection and casing.

[Jutarul]

what's the best estimate of what ASICMINER has earned sense friedcat confirmed it was them on BTCGUILD?

202blocks*25BTC=5050 BTC (http://www.btcguild.com/halloffame.php)

minus fee, power and labor

[novusordo]

what's the best estimate of what ASICMINER has earned sense friedcat confirmed it was them on BTCGUILD?

202blocks*25BTC=5050 BTC (http://www.btcguild.com/halloffame.php)

minus fee, power and labor

Is there any info on whether ASICMINER is doing PPS or PPLNS?

[anddy78]

I guess it is more begging than bidding . Why so mad? Consider those the high asking and me the low biddeng. Maybe a kind soul would grace me?

I can offer you 11 shares for your 4BTC, thats all. 

[matauc12]

what's the best estimate of what ASICMINER has earned sense friedcat confirmed it was them on BTCGUILD?

202blocks*25BTC=5050 BTC (http://www.btcguild.com/halloffame.php)

minus fee, power and labor

Is there any info on whether ASICMINER is doing PPS or PPLNS?

They have absolutely no reason to do PPS, so PPLNS is certainly the right guess. Nonetheless, just because of the variance of solo (the calculation above) to PPLNS/PPS kinda makes that question somewhat irrelevant to the estimate. But yeah would be nice to know anyways.

[jamesg]

They have absolutely no reason to do PPS, so PPLNS is certainly the right guess. Nonetheless, just because of the variance of solo (the calculation above) to PPLNS/PPS kinda makes that question somewhat irrelevant to the estimate. But yeah would be nice to know anyways.

https://www.btcguild.com/pplns_shift_detail.php?shift=2594

According to btcguild's shift pages, user id 67117 is not on the pplns shift list so they are bundled into PPS.

[matauc12]

They have absolutely no reason to do PPS, so PPLNS is certainly the right guess. Nonetheless, just because of the variance of solo (the calculation above) to PPLNS/PPS kinda makes that question somewhat irrelevant to the estimate. But yeah would be nice to know anyways.

https://www.btcguild.com/pplns_shift_detail.php?shift=2594

According to btcguild's shift pages, user id 67117 is not on the pplns shift this so they are bundled into PPS.

That is... Disappointing. I guess there is a benefit for a major network hasher and highest share producer by an order of magnitude to not use pplns

[samson]

Seems like friedcat and eleuthria have a working relationship. Special deal maybe?

I wonder how many shares (if any) friedcat holds in ASICMINER ?

[JordanL]

Seems like friedcat and eleuthria have a working relationship. Special deal maybe?

I wonder how many shares (if any) friedcat holds in ASICMINER ?

Hopefully a lot.

[DutchBrat]

Seems like friedcat and eleuthria have a working relationship. Special deal maybe?

I wonder how many shares (if any) friedcat holds in ASICMINER ?

Hopefully a lot.

At least 1/3rd of the 200.000 shares of Bitfountain I would think

[lophie]

I guess it is more begging than bidding . Why so mad? Consider those the high asking and me the low biddeng. Maybe a kind soul would grace me?

I can offer you 11 shares for your 4BTC, thats all. 

Thnx. But sadly I have to decline.

[🏰 TradeFortress 🏰]

It'd be interesting to see if ASICMINER is able to get a special deal like half fees in exchange for pool exclusivity.

[matauc12]

Seems like friedcat and eleuthria have a working relationship. Special deal maybe?

I wonder how many shares (if any) friedcat holds in ASICMINER ?

Hopefully a lot.

Not to remove anything from him, but its usually not because you are the PR guy that you deserve more. Although I doubt thats its his only role, its the only thing you know to gauge his "value"

[matauc12]

It'd be interesting to see if ASICMINER is able to get a special deal like half fees in exchange for pool exclusivity.

If we have 80% of the network that is not a good idea:)



Also that being said, to avoid centralization of the mining hardware could be set up in different locations to avoid a raid/51% attack.

Again that talk when we have 10%?

[leofar]

Again that talk when we have 10%?

Just look at ozcoin http://www.ozco.in/content/hall-fame-round-shares-bitcoin First four position

[DutchBrat]

It'd be interesting to see if ASICMINER is able to get a special deal like half fees in exchange for pool exclusivity.

If we have 80% of the network that is not a good idea:)



Also that being said, to avoid centralization of the mining hardware could be set up in different locations to avoid a raid/51% attack.

Again that talk when we have 10%?

We are the only ASIC company with anything really going. BFL looks like 4 to 6 weeks (maybe) and avalon is not going to be much. bASIC is dead so yeah, I see 45% of the network pretty realistic and we should deal with that.

Deployment of Asicminer is currently under 2TH per week.... so will be 25 weeks before the full 50TH is deployed.... so 45% not really realistic imo

[poly]

It'd be interesting to see if ASICMINER is able to get a special deal like half fees in exchange for pool exclusivity.

If we have 80% of the network that is not a good idea:)



Also that being said, to avoid centralization of the mining hardware could be set up in different locations to avoid a raid/51% attack.

Again that talk when we have 10%?

We are the only ASIC company with anything really going. BFL looks like 4 to 6 weeks (maybe) and avalon is not going to be much. bASIC is dead so yeah, I see 45% of the network pretty realistic and we should deal with that.

Deployment of Asicminer is currently under 2TH per week.... so will be 25 weeks before the full 50TH is deployed.... so 45% not really realistic imo

That's under the assumption that ASIC deployment is linear. I'm pretty sure that there will be significant additions in batches, and it'll be far less than 25 weeks for full deployment.

[matauc12]

It'd be interesting to see if ASICMINER is able to get a special deal like half fees in exchange for pool exclusivity.

If we have 80% of the network that is not a good idea:)



Also that being said, to avoid centralization of the mining hardware could be set up in different locations to avoid a raid/51% attack.

Again that talk when we have 10%?

We are the only ASIC company with anything really going. BFL looks like 4 to 6 weeks (maybe) and avalon is not going to be much. bASIC is dead so yeah, I see 45% of the network pretty realistic and we should deal with that.

Read the post below... They have already been said many times.


Also, it is very likely the ozco miner that some are Avalon themselves to fund their batch #1.

Anyways, let's not talk about a problem we are not even close to have yet. Once we reach 15TH/s bring it up a 5th time.

[memvola]

Anyways, let's not talk about a problem we are not even close to have yet. Once we reach 15TH/s bring it up a 5th time.

The fact it's possible necessitates a solid plan. If you don't want to talk about it, that's fine, but I don't understand why others shouldn't be talking about it. Even if it never happens, at a future point I'd like to be able to say that we always had a plan. Also, it's an interesting problem. Most of the talk is about whether the talk about it makes sense, and it's unproductive.

[jamesg]

That is... Disappointing. I guess there is a benefit for a major network hasher and highest share producer by an order of magnitude to not use pplns

I'm not sure this is disappointing at first glance. While bitcoin mining over time will tend to 100%, reality is that a large solo mining organization could go months running well under 100% PPS. Paying a 5% fee with as much hashing power as they have looks like a good short term strategy to make sure they are making the most btc possible. Also, if BTCGuild is one of the better pools as far a stability is concerned, this is one less thing for Friedcat to worry about during these few short weeks/months of extreme profits.