ASICMINER: Entering the Future of ASIC Mining by Inventing It

[ineededausername]

Another big deployment today brought us to around 19 TH/s

[Franktank]

Another big deployment today brought us to around 19 TH/s

Its so sweet that it finally works out like planned. Thanks friedcat and team for the work!

Huzzah!! In friedcat we trust!

[philipma1957]

Fifth  if bitcoins do not crash but the network goes to 300Th  you can mine other coins. the usb can not mine other coins.

Thats not correct i think. The asics use sha-256 and many other coins use this too. There isnt only litecoin as alternate cryptocurrency. Today the exchange rate isnt as good as yesterday but there are many other coins that could be mined with sha-256. Terracoin, PPCoin, Freicoin, Bytecoin, Namecoin, IXCoin and Devcoin. And yesterday there were some of these coins way more profitable than mining litecoins. So its not a disadvantage that big.

yeah it is not the biggest plus for gpus it is why I put it lower on the list.

 hey don't get me wrong I am still buying asicminer shares. they are better then bfl vaporware

[SebastianJu]

Link taken out... its working on still...

[SmiGueL]

Somethings not fully right with this calculations

Last week we would have gotten 50% more dividend but it was like the week before because some investments was done. The stat shows even less dividend than was paid. So we got nearly the same dividend like a week before. Now we have more than double the hashrate than we had 2 weeks before. This should lead to a double dividend than 2 weeks before. The stat isnt showing this. Im not sure but i think something has to be fixed there. But its an interesting stat once it will work correctly... thanks for the work...

1. I've just created that sheet.. and working on it.. patient please
Rome isn't built in 10 seconds  

2. I've never released that link anywhere. (and maybe never will) So can you please remove it until it works fine?

3. I don't get what you mean by 'This should lead to a double dividend than 2 weeks before.' because the graph already shows that the dividend from mining income will probably be almost 2x higher.

Of course this sheets doesn't include the income from auctions, or the BTC's needed for investment....
Friedcat is the one who decides when and what's gonna be paid, and I can't read his mind. Until now I'm very happy with his decisions
The sheet is just to give an estimation of the mining income from ASICMINER, no more no less.
But since it's dependent on so many factors, it will never be exact..

_{*Nothing personal , it's just that you share a link which i've never given to someone / released, and then going to bash about it that it's wrong..}

[rudrigorc2]

Right now one share equals how many mhash?

[SmiGueL]

Right now one share equals how many mhash?

18850 GH/s / 400000 shares = 47.125MH/s / share
But it's rising every second  

[gigantic]

Hmm, where do you see 19TH? i see only 14TH on btcguild 

[creativex]

bitminter

[rudrigorc2]

Right now one share equals how many mhash?

18850 GH/s / 400000 shares = 47.125MH/s / share
But it's rising every second  

Youre right. Last time I checked the math was 45/share   

[g83]

If 1 share is actually worth about 50 MH/s - why is it they cost about 1.20 and everybody shouting they're totally undervalued ?

1 Avalon Miner for about 100 Btc = ca. 83 Shares =  85 GH vs. 4.15 GH....

anybody here can follow this calculation ? or is thery something i missed?

[bitfair]

If 1 share is actually worth about 50 MH/s - why is it they cost about 1.20 and everybody shouting they're totally undervalued ?

1 Avalon Miner for about 100 Btc = ca. 83 Shares =  85 GH vs. 4.15 GH....

anybody here can follow this calculation ? or is thery something i missed?

Remember to take into account:
(1) Expansion to 50+ TH/s within the next few weeks
(2) Delivery of 200TH/s in the near future
(3) Future expansions at cost of around $10k per TH/s
(4) Hardware sales, ongoing and future

Did I miss anything?

Edit: I did miss something: next generation ASICs (under development already?) - and the generation after that, and the generation after that, and so forth...

[kokojie]

If 1 share is actually worth about 50 MH/s - why is it they cost about 1.20 and everybody shouting they're totally undervalued ?

1 Avalon Miner for about 100 Btc = ca. 83 Shares =  85 GH vs. 4.15 GH....

anybody here can follow this calculation ? or is thery something i missed?

within 2 months from now, your 80GH avalon is still 80GH, AM shares will be representing 10X more hash rates at that time if everything goes as planned. That is only a start of many more TH additions to come.

[SmiGueL]

1 Avalon Miner for about 100 Btc

Where can I send 100 BTC to have that 85 GH/s Avalon mining tomorrow?  

[velacreations]

Somethings not fully right with this calculations

Last week we would have gotten 50% more dividend but it was like the week before because some investments was done. The stat shows even less dividend than was paid. So we got nearly the same dividend like a week before. Now we have more than double the hashrate than we had 2 weeks before. This should lead to a double dividend than 2 weeks before. The stat isnt showing this. Im not sure but i think something has to be fixed there. But its an interesting stat once it will work correctly... thanks for the work...

1. I've just created that sheet.. and working on it.. patient please
Rome isn't built in 10 seconds  

2. I've never released that link anywhere. (and maybe never will) So can you please remove it until it works fine?

3. I don't get what you mean by 'This should lead to a double dividend than 2 weeks before.' because the graph already shows that the dividend from mining income will probably be almost 2x higher.

Of course this sheets doesn't include the income from auctions, or the BTC's needed for investment....
Friedcat is the one who decides when en what's gonna be paid, and I can't read his mind. Until now I'm very happy with his decisions
The sheet is just to give an estimation of the mining income to ASICMINER, no more no less.

_{*Nothing personal , it's just that you share a link which i've never given to someone / released, and then going to bash about it that it's wrong..}

Thanks for that sheet. 

Please let us know when it is ready to spread around the internet and create a massive demand for AM shares....

[SmiGueL]

Please let us know when it is ready to spread around the internet and create a massive demand for AM shares....

Well, I don't think that it will ever be a 100% accurate sheet.. and it doesn't have to be..
_{(That requires at least 24/7 hashrate monitoring and more detailed info about all the fees + maintaining costs)}

The best graph to spread around the internet is probably this one:



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

The new graph that's showing the predicted payouts for mining is probably gonna be misleading for new people who want to buy shares,
because ASICMINER is SOOOOO much more than a company that just mines with a few ASIC's....

--

The current used method to calculate the mined BTC for the last 7 days is:
- Search for every date in the sheet that is between NOW and NOW-minus-7 days.
- Get the hashrate percentages of the network at that dates, and average them.
- Multiply this by 3600 and 7 (BTC/day & days/week)
- Multiply this by 0.9. (10% is estimated for the pool fee + electricity + maintenance costs)

I can (probably) improve the results by:
- Filter out the disturbing dips and peeks in the hashrate.
- Give a 'weight' to every sample. So that samples taken with 1 day in between weigh more than samples taken quickly behind each other.
  The problem now is that the hashrate of the 'quickly behind each other' samples are disturbing the average hashrate..

Not a big problem to fix in Excel, but quite some work in Google Docs.

_{I hope everyone realizes i've created and maintaining this all just for fun in my spare time.}  

[JimiQ84]

_{I hope everyone realizes i've created and maintaining this all just for fun in my spare time.} 

And you are doing great job. This spreadsheet is one of the first things I look at in the morning

[velacreations]

_{I hope everyone realizes i've created and maintaining this all just for fun in my spare time.}  

I just really like that dividend curve going straight up.  That is a sexy graph right there.

But, we all appreciate you doing this work!  Thank you very much for putting in the time!

[SebastianJu]

Somethings not fully right with this calculations

Last week we would have gotten 50% more dividend but it was like the week before because some investments was done. The stat shows even less dividend than was paid. So we got nearly the same dividend like a week before. Now we have more than double the hashrate than we had 2 weeks before. This should lead to a double dividend than 2 weeks before. The stat isnt showing this. Im not sure but i think something has to be fixed there. But its an interesting stat once it will work correctly... thanks for the work...

1. I've just created that sheet.. and working on it.. patient please
Rome isn't built in 10 seconds  

2. I've never released that link anywhere. (and maybe never will) So can you please remove it until it works fine?

3. I don't get what you mean by 'This should lead to a double dividend than 2 weeks before.' because the graph already shows that the dividend from mining income will probably be almost 2x higher.

Of course this sheets doesn't include the income from auctions, or the BTC's needed for investment....
Friedcat is the one who decides when and what's gonna be paid, and I can't read his mind. Until now I'm very happy with his decisions
The sheet is just to give an estimation of the mining income from ASICMINER, no more no less.
But since it's dependent on so many factors, it will never be exact..

_{*Nothing personal , it's just that you share a link which i've never given to someone / released, and then going to bash about it that it's wrong..}

Sorry about that. I thought i have overseen that sheet only. Didnt think thats a work-in-progress...

I only meant that the dividend 2 weeks ago was of height x. The graph shows 5% less estimation or so. Next week it should have been x * 1,5. It wasnt because friedcat took away a good chunk. And now we are 2 times the hashrate we had the week before the dividend 2 weeks ago. Normally that should mean the double dividend, but it only shows 1,5 the dividend.
Maybe i have an error in thinking only too. I hope you get it working... And thanks for the work...

By the way... i would like to see a graph that shows the total hashrate only so that i dont have to calculate the pools together. Thought this some times now.

[SmiGueL]

By the way... i would like to see a graph that shows the total hashrate only so that i dont have to calculate the pools together. Thought this some times now.

Especially for you  



Whehe, I was trying to give it the green color from Friedcat's avatar with a red line on top of it, but then the graph only shows the value of the red line (aka: 0)
This makes the graph pretty useless if you want to see the Hashrate at a specific point


Omg, the last months there were about 6 viewers on the sheets on average, today all day 40+