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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916266 times)
philipma1957
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May 05, 2013, 03:07:23 PM
Last edit: May 05, 2013, 03:23:02 PM by philipma1957
 #4321

So we have 2.8Th on bitminter and 14.4Th on BTC Guild what is the third spot? OZcoin?

 our name is :


realasicminer on bitminter    link to hash http://bitminter.com/livestats/big

      67117 on btcguild  link to hash   http://www.btcguild.com/index.php?page=rankings


 ?? on ozcoin


http://www.ozco.in/content/user-top-20    are we anonymous?  and if we are which one ?  the 1.2Th? the .4Th?

There are  5 or 6 with that name.

 Note to ozco you should not allow the same name.  at least do anonymous 1  anonymous 2 etc   .  So for sure we are 17.2Th out of

73.0Th   puts asic miner squarely as the master of bit coin.

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velacreations
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May 05, 2013, 03:37:19 PM
 #4322

why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

ineededausername
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May 05, 2013, 04:32:33 PM
 #4323

why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

(BFL)^2 < 0
John (John K.)
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May 05, 2013, 04:34:01 PM
 #4324

why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.
ineededausername
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May 05, 2013, 04:35:07 PM
 #4325

why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry

(BFL)^2 < 0
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May 05, 2013, 04:37:35 PM
 #4326

why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry
You can withdraw to "direct" shares, from the PT to your own account with FriedCat Smiley
//DeaDTerra
John (John K.)
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May 05, 2013, 04:39:35 PM
 #4327

why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry
You can withdraw to "direct" shares, from the PT to your own account with FriedCat Smiley
//DeaDTerra

250 shares aren't really newbie friendly.  Tongue
DeaDTerra
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May 05, 2013, 04:46:47 PM
 #4328

why are shares so cheap on the BF PT right now?  I don't know why anyone would sell for less than 1.5 btc.

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

Include the fact that most people want to get 'direct' shares, and you get a pretty good idea of why auctions here are going for 1.5BTC each currently while the price is bad on passthroughs.

Not my auction  Cry
You can withdraw to "direct" shares, from the PT to your own account with FriedCat Smiley
//DeaDTerra

250 shares aren't really newbie friendly.  Tongue
It is not a hard limit, the only reason it exists is to keep the work load on Friedcat low.
//DeaDTerra
velacreations
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May 05, 2013, 04:50:59 PM
 #4329

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

I don't know why anyone would buy in the auctions for 1.4+, when they can get them for 1.2 or less in the PTs.  You can buy 100+shares on BF for an average price of about 1.2.  Is having direct shares really worth .1-.3 btc per share?

I find it strange that buyers don't go for the PTs vs the auctions.  Saving 20-30 btc on 100 shares is a big deal to me (I don't have that many btc...)

Maybe it's just me, but with the hashrate increasing + the USB miners, I think a price of 1.2 is undervalued.  I certainly wouldn't sell for that price.  I'm hoping for a good dividend this week to buy more shares while they are cheap!

John (John K.)
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May 05, 2013, 05:08:12 PM
 #4330

It seems like low-liquidity markets such as Bitfunder, which often have some random guy sell 100 shares, driving down the price by .1, dictate the price for the rest of the market.  It's a strange phenomenon.  And it's strange because the rest of the market, as in the Auctions forum, routinely does hundreds of shares of sales without dropping the price.

I don't know why anyone would buy in the auctions for 1.4+, when they can get them for 1.2 or less in the PTs.  You can buy 100+shares on BF for an average price of about 1.2.  Is having direct shares really worth .1-.3 btc per share?

I find it strange that buyers don't go for the PTs vs the auctions.  Saving 20-30 btc on 100 shares is a big deal to me (I don't have that many btc...)

Maybe it's just me, but with the hashrate increasing + the USB miners, I think a price of 1.2 is undervalued.  I certainly wouldn't sell for that price.  I'm hoping for a good dividend this week to buy more shares while they are cheap!

Maybe they're trying to snap up more shares discreetly and don't want to 'disturb' the prices on PT's.  Wink
velacreations
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May 05, 2013, 05:20:41 PM
 #4331

Maybe they're trying to snap up more shares discreetly and don't want to 'disturb' the prices on PT's.  Wink

Ok, guys.  No one buy on BF until after the dividends on Weds and after payday next week so that I can still get the cheap shares, plz.  Grin

bitfair
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May 05, 2013, 06:52:37 PM
 #4332

You guys know what would be interesting for handling a bit of sales volume in the future?

BitPay, with fulfillment by Amazon: https://bitpay.com/amazon

First of all, it would relieve ASICMINER of some logistics while still getting products out en masse. Second, it would reach a wide audience. Thirdly, it would create some extremely positive press for everyone involved: ASICMINER, BitPay, Bitcoin and Amazon.

Anyway, just an idea - but quite an enticing thought, right?

Edit: http://services.amazon.com/fulfillment-by-amazon/benefits.htm
arklan
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May 05, 2013, 06:54:09 PM
 #4333

You guys know what would be interesting for handling a bit of sales volume in the future?

BitPay, with fulfillment by Amazon: https://bitpay.com/amazon

First of all, it would relieve ASICMINER of some logistics while still getting products out en masse. Second, it would reach a wide audience. Thirdly, it would create some extremely positive press for everyone involved: ASICMINER, BitPay, Bitcoin and Amazon.

Anyway, just an idea - but quite an enticing thought, right?

i think it's absolutely worth looking at.

i don't post much, but this space for rent.
velacreations
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May 05, 2013, 07:06:29 PM
 #4334

You guys know what would be interesting for handling a bit of sales volume in the future?

BitPay, with fulfillment by Amazon: https://bitpay.com/amazon

First of all, it would relieve ASICMINER of some logistics while still getting products out en masse. Second, it would reach a wide audience. Thirdly, it would create some extremely positive press for everyone involved: ASICMINER, BitPay, Bitcoin and Amazon.

Anyway, just an idea - but quite an enticing thought, right?

Edit: http://services.amazon.com/fulfillment-by-amazon/benefits.htm
Could we do this with the USB miners?  Then, we could remove the 300 unit minimum.

The #1 complaint about those units has been the price.  #2 is the 300 unit minimum. 

Take the pressure off of one or the other f those issues and you could sell out pretty damn fast.

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May 05, 2013, 07:08:41 PM
 #4335

ASICMINER won't consider changing anything unless the USBs aren't selling well as-is. Just wait it out if you aren't happy with the current offering, AM knows what to do.
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May 05, 2013, 07:14:15 PM
Last edit: May 05, 2013, 07:33:54 PM by bitfair
 #4336

ASICMINER won't consider changing anything unless the USBs aren't selling well as-is. Just wait it out if you aren't happy with the current offering, AM knows what to do.

I wasn't making the suggestion out of discontent - I was suggesting something I believe it would hugely benefit shareholders: solve logistical bottlenecks and increase product exposure.

Obviously it's not necessary to do so at this early stage, but when scaling up it could be useful to consider...
velacreations
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May 05, 2013, 07:32:49 PM
 #4337

ASICMINER won't consider changing anything unless the USBs aren't selling well as-is. Just wait it out if you aren't happy with the current offering, AM knows what to do.

I wasn't making the suggestion out of discontent - I was suggesting I believe it would hugely benefit shareholders: solve logistical bottlenecks and increase product exposure.

Obviously it's not necessary to do so at this early stage, but when scaling up it could be useful to consider...

I think it could be very beneficial for the USB miners.  Just ship to a few central shipping facilities in large amounts and then sell individual units at retail prices to the public.

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May 05, 2013, 07:52:35 PM
 #4338


I think it could be very beneficial for the USB miners.  Just ship to a few central shipping facilities in large amounts and then sell individual units at retail prices to the public.

At first blush it sounds interesting, but I hate to be at the mercy of Amazon when it comes to any future pressure from outside entities that the product is illegal,no matter how ridiculous such a claim might be.  Hopefully the group buy system with prove efficient enough, but the day AM has the problem of needing a larger retail solution will be a very good day indeed...
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May 05, 2013, 08:44:10 PM
 #4339

Hi guys,

Has anyone seen this thread here? https://bitcointalk.org/index.php?topic=196138.0

Is there anything the shareholders will have to worry about with the dividends? I'm not even sure if this was legit but just was curious because they specifically brought up AM.

Thanks

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May 05, 2013, 08:49:41 PM
 #4340

Hi guys,

Has anyone seen this thread here? https://bitcointalk.org/index.php?topic=196138.0

Is there anything the shareholders will have to worry about with the dividends? I'm not even sure if this was legit but just was curious because they specifically brought up AM.

Thanks

The confirmation satoshis will not be relayed anymore. But dividends will payout just fine.

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