ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Newar]

Another 1.5T online, temporarily allocated on bitminter. Will switch to solo later on.

Yay, merged mining! ;-)

Looks that's the last of the 15 TH/s then.

No, more to come today.

Sweet!

Do you get any of the issues you mentioned with pools (that made you make the move to solo), whilst mining on BitMinter?

[John (John K.)]

Friedcat, you're famous! CNTV touched about your mining operation here: http://jingji.cntv.cn/2013/05/03/VIDE1367596319388137.shtml

PS: They translated your name to 'baked cat' 

[SebastianJu]

Another 1.5T online, temporarily allocated on bitminter. Will switch to solo later on.

Yay, merged mining! ;-)

Looks that's the last of the 15 TH/s then.

No, more to come today.

Im happy with the current 15.6TH/s but when today doesnt come more how are the future plans? Does today mean that tomorrow comes more and you guys only need some free time or does it mean something other?

[John (John K.)]

Another 1.5T online, temporarily allocated on bitminter. Will switch to solo later on.

http://bitminter.com/livestats/big

1   realasicminer   1,549,862

Awesome! 

[wachtwoord]

Friedcat, you're famous! CNTV touched about your mining operation here: http://jingji.cntv.cn/2013/05/03/VIDE1367596319388137.shtml

PS: They translated your name to 'baked cat' 

Scared yet?

[arklan]

must... have... more... shares!

though honestly i'm holding my (very, very) meager btc holdings right now to a honeybee miner or two.

[rottenchris]

https://bitcointalk.org/index.php?topic=195004.msg

[237]

I thought about selling my shares when they reach 2.5 BTC each. But now it seems like a stupid idea even at that price.

[novusordo]

I thought about selling my shares when they reach 2.5 BTC each. But now it seems like a stupid idea even at that price.

Nobody ever went broke taking a profit. I sold some for <1 BTC, no regrets.

[237]

I thought about selling my shares when they reach 2.5 BTC each. But now it seems like a stupid idea even at that price.

Nobody ever went broke taking a profit. I sold some for <1 BTC, no regrets.

Of course you are right about that. And after selling something with a profit, there is no point in regreting it.

I guess it's just that the subjective value i give to the shares is now over 2.5 BTC for me

[SmiGueL]

Updated stats!  

*Click on it for a full-screen interactive version. More graphs here

Looking good  


And thanks rottenchris for the link to the Block Erupter USB thread

Pic of the first batch _{(next one will be blue instead of green  )}

[aahzmundus]

10k pcb's in production... number assembled will depend on demand... I am going out here and saying demand will be OVER the 10,000 available.

That is 19,900 btc folks. 0.04 per share.....

I am going to change my pants.

[JimiQ84]

I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC

[arklan]

I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC

agreed. as i posted in my group buy thread:

minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc.

i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right.

[ineededausername]

17 TH/s total

[phantastisch]

I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC

agreed. as i posted in my group buy thread:

minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc.

i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right.

Can we please let the market decide and you order off Avalon meanwhile?

[arklan]

I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC

agreed. as i posted in my group buy thread:

minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc.

i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right.

Can we please let the market decide and you order off Avalon meanwhile?

absolutely. and note: i won't be ordering off avalon. i much prefer sticking where i'm invested, and that's AM. i may not like the price, but i am willing to pay it. i'm just expressing my opinion, not trying to force them to change it. course at this exact moment, i'm too broke to afford even one of these, so there ya go.

[bitfair]

The Block Erupter USB sticks passed all the tests and we are about to produce them in quantity.

"In quantity". I like those words.

Very many ideas thrown around here for the auction of these (possibly good, but experimental and possibly confusing to customers).

So let me throw in an idea too: fixed price 2 BTC, first come first served! Much more manageable, affordable and relatable. And a price/hash a little above what the Blades have been getting.

Works for me, I'm first in line and I will buy them all (to auction later).  

So, should that be considered a binding offer?

Anyway, I think there are more than enough people willing to pay that price. (Even though there are apparently many people also not willing to pay that price.)

[SebastianJu]

I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC

agreed. as i posted in my group buy thread:

minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc.

i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right.

Yes, but these are real products, made and ready to ship. I can use one of these right away. What would I do with a avalon chip? it would take me 10 years to figure out how to do anything.

Dont forget that the chips need 10 weeks after payment until the buyer receives it. Then he send it to the miner-creator and gets it back after some time. That wont be some days only too. Having a miner right away will be worth something.

[furuknap]

I don't know guys... 1.99 per piece seems like too much to me. If it were auction, than I would understand, but fixed price... I don't see the demand for 10 000 usb miner at 1.99 BTC

agreed. as i posted in my group buy thread:

minimum order of 300 x 1.99 btc = 597 btc exactly. ...wow. that's insane, when you realize avalon sells 10,000 chips (33 times more chips, but bare chips) for 780 btc.

i mean, that's what, .078 btc a chip? and then you have burnin offering 10 chip board for approx 80 euro, and 20 chip boards for approx 100 euro (plus chip cost of course) that's approximately 5 ghash for under 200 USD, if my math is right.

The major difference is that this is a finished product . Sure, you can buy a barrel of oil for around $2 per gallon if you order in bulk, but still even US people buy gas for $4 per gallon. The convenience of buying just what you need rather than have a supertanker on your doorstep, the complete conversion of the raw material into a ready-to-use plug-and-play product, the reduced risk of not having to handle large orders; consumers love the ability to avoid such hassles.

Add to that the mere psychological effect of being part of a movement, and I think these miners will be an easy sell, even at the added cost that a bulk buyer would have to charge consumers.

Just imagine having a shelf of "Real moneymaking machines, just $297" at Wallmart.

.b