ASICMINER: Entering the Future of ASIC Mining by Inventing It

[GCInc.]

Wow, that wall on Btct.co went quick...

And the price rebound was immediate. Not knowing any better, I'd be inclined to lean towards insider manipulation..

Bitfunder still has the wall though, plus the 2000+ shares in private deals around 2.5 BTC. Sounds massive but might just melt in no time.

[1714985034]

1714985034

[1714985034]

1714985034

[nebulus]

There are about 4 errors in this.

Obvious troll is obvious.

At least, I'm connected to reality.

I thought you were just trolling, but you are actually just naive.

I don't think this is the place to talk sense into you, so i will leave it that.

Have a nice day.

I am naive? You made four wrong assumptions in two sentences. I just wanted to highlight that so you fix your stupid shit rant for the benefit of everybody.

[Mausini]

Update

Online Hashes (theoretical): 24TH/s. Struggling at current 22TH/s in average due to maintenance and troubleshooting (mainly PSU and internal LAN hardware). We are fixing some bottleneck while bringing new hashpower online at the same time.

Shipped Blades: 278. The sales keeps a slow but steady pace.

Shipped USB Sticks: 530. A lot more in the following week.

We are using the same transaction policy of the official Bitcoin client's default behavior.

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.

Great!!! Do you have a rough timeline for next-gen?

[stripykitteh]

Update

Online Hashes (theoretical): 24TH/s. Struggling at current 22TH/s in average due to maintenance and troubleshooting (mainly PSU and internal LAN hardware). We are fixing some bottleneck while bringing new hashpower online at the same time.

Shipped Blades: 278. The sales keeps a slow but steady pace.

Shipped USB Sticks: 530. A lot more in the following week.

We are using the same transaction policy of the official Bitcoin client's default behavior.

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.

Was that 278 in the last week, or 278 including the 190-odd in the 3rd auction?

[ionstorm]

fyi havelockinvestment shares are cheap as hell, riding between .0230-.0243, im putting a large buy order in

[stripykitteh]

http://www.reddit.com/r/Bitcoin/comments/1ewi30/chinese_government_starting_considering_bitcoin/

Not that it proves anything, but that user was created in reddit less than an hour ago. I'd like more credible evidence before attaching any weight to it; until then it's just a rumor.

Is the blockchain.info and My Wallet administrator piuk credible enough https://bitcointalk.org/index.php?topic=40264.msg2243603#msg2243603 ?

OK, there's a credible source. Does anyone know what it actually means?

[Lohoris]

fyi havelockinvestment shares are cheap as hell, riding between .0230-.0243, im putting a large buy order in

I'd rather pay a little more and have a nice site, but that's just me

[stripykitteh]

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.

Any electrical engineers in the crowd want to estimate the performance improvement in halving the process size? Maybe 4x? That'd be around 1.35Ghash per chip.

[Franktank]

Update

Online Hashes (theoretical): 24TH/s. Struggling at current 22TH/s in average due to maintenance and troubleshooting (mainly PSU and internal LAN hardware). We are fixing some bottleneck while bringing new hashpower online at the same time.

Shipped Blades: 278. The sales keeps a slow but steady pace.

Shipped USB Sticks: 530. A lot more in the following week.

We are using the same transaction policy of the official Bitcoin client's default behavior.

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.

Great!!! Do you have a rough timeline for next-gen?

If friedcat mentioned its going to be implemented in USB Miner 2.0, its gotta be Coming Soon™ then.

[friedcat]

Update

Online Hashes (theoretical): 24TH/s. Struggling at current 22TH/s in average due to maintenance and troubleshooting (mainly PSU and internal LAN hardware). We are fixing some bottleneck while bringing new hashpower online at the same time.

Shipped Blades: 278. The sales keeps a slow but steady pace.

Shipped USB Sticks: 530. A lot more in the following week.

We are using the same transaction policy of the official Bitcoin client's default behavior.

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.

Was that 278 in the last week, or 278 including the 190-odd in the 3rd auction?

278 in total, including the 3rd auction.

The 3rd auction turned out to not having 190 in total since some didn't pay till now.

[Rampion]

Update

Online Hashes (theoretical): 24TH/s. Struggling at current 22TH/s in average due to maintenance and troubleshooting (mainly PSU and internal LAN hardware). We are fixing some bottleneck while bringing new hashpower online at the same time.

Shipped Blades: 278. The sales keeps a slow but steady pace.

Shipped USB Sticks: 530. A lot more in the following week.

We are using the same transaction policy of the official Bitcoin client's default behavior.

We also finalized the decision on making the next-gen (65/55nm) chips also fit in a USB powered device so that we could make Block Erupter USB II possible, instead of integrating too many cores into one big chip.

Was that 278 in the last week, or 278 including the 190-odd in the 3rd auction?

278 in total, including the 3rd auction.

The 3rd auction turned out to not having 190 in total since some didn't pay till now.

May I ask how many blades are available for sale?

[gog1]

Good to hear about next gen chip.  Any rough projection on timeline?

[Aedius]

Anyone not receive dividends yesterday? I purchased direct shares and the transfer was confirmed by friedcat on Tuesday but I have not received a confirmation satoshi or dividends 

[stripykitteh]

Just a personal observation on the USB sticks - I think everyone else in ASIC-land is going to be shocked how successful these are going to be. Yes, the performance is modest and the prospect of payback in a reasonable time is mostly dependent on the btc:fiat exchange rate going up. But I bought one anyway, for a few of reasons:

• they're pretty cool
• they're relatively cheap in terms of absolute cost, if not in terms of payback
• they're a momento of the early days of ASICs
• I'm going to hook it up to a raspberry pi and teach my young son about mining. He keeps the income if he looks after it.

For all of that, I think BTC1.99 is a bargain.

[Fabrizio89]

If you're an early adopter or an early investor of AM, it is obviously a no brainer. I'd really like to have one of those usb sticks, but at the moment I cannot afford it. I wouldn't really mind about the profit margin, I'd just love to mine for the network at all times, at practically no power consumption. I'd just have to wait a drop in price, in the future.

[arklan]

fyi, the first package of 200 USB miners is on a truck for delivery to me today.

i'll post pictures and such in my group buy thread, and here too, if there's desire.

[Mausini]

fyi, the first package of 200 USB miners is on a truck for delivery to me today.

i'll post pictures and such in my group buy thread, and here too, if there's desire.

there is desire

[g83]

fyi, the first package of 200 USB miners is on a truck for delivery to me today.

i'll post pictures and such in my group buy thread, and here too, if there's desire.

Will you use them as kind of lil'miningfarm ?  

[arklan]

fyi, the first package of 200 USB miners is on a truck for delivery to me today.

i'll post pictures and such in my group buy thread, and here too, if there's desire.

Will you use them as kind of lil'miningfarm ?  

it's for a group buy, so besides the 5 of my own, i'll just be packing and mailing them out.

besides, 530 (total amount i'm getting) would require... what, 4 or 5 pcs and ...a lot... of hubs? yea. no.

[conv3rsion]

I really want one of these USB miners, even just as a toy moreso than something with quick ROI. They are awesome.