ASICMINER: Entering the Future of ASIC Mining by Inventing It

[SmiGueL]

Estimated increase in divs (not including the hashrate increase) is 0.00507625 BTC per share.  

Well, technically the INCREASE in divs is 0.00322625 BTC/share

_{(2042.5-752)/400000 = 0.00322625
Because the income of the auction last week then has to be substracted from this week's auction.}

Not that I'm complaining  

[msm595]

The motions have been posted.  I split them up so that each modification sinks/swims on it's own.

https://btct.co/security/ASICMINER-PT (motions tab)

Cheers.

I hate to bother you,but did you get my pm?

[Minor Miner]

Estimated increase in divs (not including the hashrate increase) is 0.00507625 BTC per share.  

Well, technically the INCREASE in divs is 0.00322625  

_{(2042.5-752)/400000 = 0.00322625}

sorry for dumb question but what is the 752?

[talnted]

Estimated increase in divs (not including the hashrate increase) is 0.00507625 BTC per share.  

Well, technically the INCREASE in divs is 0.00322625  

_{(2042.5-752)/400000 = 0.00322625}

sorry for dumb question but what is the 752?

He said it right under the equation:

(2042.5-752)/400000 = 0.00322625
because the income of the auction last week has then to be substracted from this week's auction.

[bitfair]

Auction of 50 Blades brought in approx. 2578 BTC. 

[furuknap]

Now, let's just sit back and watch the mid-week madness of "I want a piece of that dividend action" over on BTCT and BF.

.b

[DiabloD3]

Auction of 50 Blades brought in approx. 2578 BTC. 

Approximately 0.006445 per share, or 6.445 BTC per thousand shares.

[kibblesnbits]

Auction of 50 Blades brought in approx. 2578 BTC. 

Approximately 0.006445 per share, or 6.445 BTC per thousand shares.

Is that with the labor, materials, etc. factored in? 

[DiabloD3]

Auction of 50 Blades brought in approx. 2578 BTC. 

Approximately 0.006445 per share, or 6.445 BTC per thousand shares.

Is that with the labor, materials, etc. factored in? 

Its without S&H factored in, the rest was already paid for.

[batcoin]

Just curious... What if this type of language was put in the next auctions?

The auction will end ****. Each valid bid will delay the end time by another hour.

[bitfair]

Just curious... What if this type of language was put in the next auctions?

The auction will end ****. Each valid bid will delay the end time by another hour.

Then the auction will probably never end...

[ineededausername]

We might be heading for 10 GH/s today.

[louong]

Just curious... What if this type of language was put in the next auctions?

The auction will end ****. Each valid bid will delay the end time by another hour.

Then the auction will probably never end...

That's actually how some auctions are run, no? Would at least prevent the outcries of unfairness. If the delay was more manageable, say 5-10 minutes then I don't see why not.

[Minor Miner]

Just curious... What if this type of language was put in the next auctions?

The auction will end ****. Each valid bid will delay the end time by another hour.

Then the auction will probably never end...

That's actually how some auctions are run, no? Would at least prevent the outcries of unfairness. If the delay was more manageable, say 5-10 minutes then I don't see why not.

because no one wants to stay up forever until five minutes goes by with no bids?

[bitfair]

Just curious... What if this type of language was put in the next auctions?

The auction will end ****. Each valid bid will delay the end time by another hour.

Then the auction will probably never end...

That's actually how some auctions are run, no? Would at least prevent the outcries of unfairness. If the delay was more manageable, say 5-10 minutes then I don't see why not.

I have seen auctions that are run like that, and 5-10 minutes would probably let the auction finish faster than delaying one hour. But the value of mining equipment is very time-sensitive (the longer you have to wait until the auction ends, the less valuable they are and hence the less you should bid for them!), and a lot of care would need to be taken so the rules couldn't be gamed.

[Rodyland]

Just curious... What if this type of language was put in the next auctions?

The auction will end ****. Each valid bid will delay the end time by another hour.

Then the auction will probably never end...

That's actually how some auctions are run, no? Would at least prevent the outcries of unfairness. If the delay was more manageable, say 5-10 minutes then I don't see why not.

Agree it doesn't need to be an hour.  Anyone that keen to get on board at the cheapest price will be watching live - anyone who wants to bid and forget needs to just bid their maximum price and walk away.  Five minutes would be heaps, I think.

[S. Omega]

We might be heading for 10 GH/s today.

That's bad news; that's a massive drop. 

[gog1]

Don't see it on btcguild anymore ..... not sure if it's a case of physical move, pool switching, solo mining, or ......

the blades don't support stratum (requires stratum proxy), maybe working on the firmware to support stratum natively will alleviate some of the network issue that ASICMINER faces

[btceic]

Hey guys,
Maybe I missed it but, has any update been posted about the usb miners?

Perhaps a new thread should be started just for that.

[SebastianJu]

Don't see it on btcguild anymore ..... not sure if it's a case of physical move, pool switching, solo mining, or ......

the blades don't support stratum (requires stratum proxy), maybe working on the firmware to support stratum natively will alleviate some of the network issue that ASICMINER faces

Yes, strange. Its back at 1.8TH. I hope no Asics are broken and only a fuse broke or something like that.