circuitry
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Activity: 61
Merit: 10
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May 23, 2013, 05:42:48 PM |
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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.
So next week dividend, theoretically and at a sustained hashrate could go like this: Mining: ~1030 BTC/day x 7 days = 7,210 BTCUSB sales: 9470 x 1.99 BTC = 18,845 BTCBlade sales: let's estimate a conservative 100 x 50 BTC = 5,000 BTC31055 BTC / 400,000 shares = 0.077635 BTC/share Please feel free to correct my expectations if I'm being too optimistic.
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circuitry
Member
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Activity: 61
Merit: 10
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May 23, 2013, 05:52:33 PM |
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So next week dividend, theoretically and at a sustained hashrate could go like this: Mining: ~1030 BTC/day x 7 days = 7,210 BTCUSB sales: 9470 x 1.99 BTC = 18,845 BTCBlade sales: let's estimate a conservative 100 x 50 BTC = 5,000 BTC31055 BTC / 400,000 shares = 0.077635 BTC/share Please feel free to correct my expectations if I'm being too optimistic. I don't think all usb sticks will be considered in this dividend. You have to add that some of the payments of the orders made last week were not completed, friedcat said in this dividend there shuold be some income by those sells too. No specific amount was given. Didn't know that last bit, thanks But hey, even if they only include 1/4 of the USB sticks this week, it's gonna be around 0.042 BTC/share which would be goddamn impressive.
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Ozymandias
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May 23, 2013, 05:54:40 PM |
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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.
So next week dividend, theoretically and at a sustained hashrate could go like this: Mining: ~1030 BTC/day x 7 days = 7,210 BTCUSB sales: 9470 x 1.99 BTC = 18,845 BTCBlade sales: let's estimate a conservative 100 x 50 BTC = 5,000 BTC31055 BTC / 400,000 shares = 0.077635 BTC/share Please feel free to correct my expectations if I'm being too optimistic. While that would be absolutely fantastic, I'd like to propose a more conservative estimate regarding sales (I agree with your mining estimate so I'll keep your numbers): Mining: ~1030BTC/day x 7 days = 7,210BTC USB sales: 4000 x 1.99BTC = 7,960BTC Blade sales: 50 x 50BTC = 2,500BTC 17670BTC / 400,000 shares = 0.044175BTC/share The reason I cut the blade sales in half was that as difficulty rises and price stays the same I would expect demand to drop. As for the USBs, while I've heard rumors that all 10k were already sold (would love to get confirmation on this) the group buys visible on the forum would suggest a much smaller number closer to 1,000-2,000 usbs though I fully expect there to be some bulk buys by resellers that were not made public which is why I bumped my estimate from 1-2k to ~4k usb miners. If anyone has any corrections or know about something that I might've missed, please let me know. All that being said, a 0.044 dividend is nothing to sneeze at and I am very excited for next Wednesday!
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stripykitteh
Legendary
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Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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May 23, 2013, 06:00:16 PM |
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Mining: ~1030 BTC/day x 7 days = 7,210 BTCUSB sales: 9470 x 1.99 BTC = 18,845 BTCBlade sales: let's estimate a conservative 100 x 50 BTC = 5,000 BTC31055 BTC / 400,000 shares = 0.077635 BTC/share Please feel free to correct my expectations if I'm being too optimistic. I admire your enthusiasm, but I think you're a leetle bit optimistic about the blades. friedcat said 278 blades sold total, so that's 60 from the first 2 auctions, and 218 from the 3rd auction plus a week and a bit since. It could be that many people who wanted a blade have one now. I think less than 50 by next week is probably more likely. USB, hard to say? I presume from friedcat's comment about choosing a design for the 65nm chip that will allow it to be put on a USB stick that the amount of interest in it is great and Bitfountain have high expectations for the product. I mean, it almost sounds like he considers USB sales in the long term to be rivaling blades in importance. Wow.
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romerun
Legendary
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Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
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May 23, 2013, 06:04:33 PM |
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everytime I'm about to think of dumping my shares, friedcat always give a keynote to hold me off.
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Ozymandias
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May 23, 2013, 06:18:44 PM |
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everytime I'm about to think of dumping my shares, friedcat always give a keynote to hold me off.
It's all part of his evil plan to make us more money!
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stripykitteh
Legendary
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Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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May 23, 2013, 06:20:39 PM |
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everytime I'm about to think of dumping my shares, friedcat always give a keynote to hold me off.
The hat is deep and the rabbits are plentiful...
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fredtrader
Newbie
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Activity: 56
Merit: 0
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May 23, 2013, 06:43:47 PM |
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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.
So next week dividend, theoretically and at a sustained hashrate could go like this: Mining: ~1030 BTC/day x 7 days = 7,210 BTCUSB sales: 9470 x 1.99 BTC = 18,845 BTCBlade sales: let's estimate a conservative 100 x 50 BTC = 5,000 BTC31055 BTC / 400,000 shares = 0.077635 BTC/share Please feel free to correct my expectations if I'm being too optimistic. While that would be absolutely fantastic, I'd like to propose a more conservative estimate regarding sales (I agree with your mining estimate so I'll keep your numbers): Mining: ~1030BTC/day x 7 days = 7,210BTC USB sales: 4000 x 1.99BTC = 7,960BTC Blade sales: 50 x 50BTC = 2,500BTC 17670BTC / 400,000 shares = 0.044175BTC/share The reason I cut the blade sales in half was that as difficulty rises and price stays the same I would expect demand to drop. As for the USBs, while I've heard rumors that all 10k were already sold (would love to get confirmation on this) the group buys visible on the forum would suggest a much smaller number closer to 1,000-2,000 usbs though I fully expect there to be some bulk buys by resellers that were not made public which is why I bumped my estimate from 1-2k to ~4k usb miners. If anyone has any corrections or know about something that I might've missed, please let me know. All that being said, a 0.044 dividend is nothing to sneeze at and I am very excited for next Wednesday! I doubt sales will be above 1k usb miners per week, I think eventually they will all get sold but I think friedcat will reduce the price before the rest are finally sold. I think on the other hand a steady rate of around 50-100 blades per week can be sustained for a little longer before the price has to drop as well.
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nycgoat
Member
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Activity: 117
Merit: 10
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May 23, 2013, 07:12:03 PM |
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I just wanted to say thank you to friedcat and all of the rest of you that have been making this work for us. I finally can post in here after months of lurking, and finally registering a few weeks ago.
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g83
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May 23, 2013, 07:21:42 PM |
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Congratulations
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ionstorm
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May 23, 2013, 07:42:39 PM |
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everytime I'm about to think of dumping my shares, friedcat always give a keynote to hold me off.
lol, I dumped my initial investment and kept my earnings + dividends in when I saw all the sell offs, didnt want to risk all my btc since I was all in, now im half in, half out since I made 100% in a month off asicminer shares
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Melbustus
Legendary
Offline
Activity: 1722
Merit: 1004
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May 23, 2013, 09:03:08 PM |
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How do I buy 2 or 3 of the USB sticks? I'm not seeing any threads under goods/auctions...? Are they not sold in small quantities yet?
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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arklan
Legendary
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Activity: 1778
Merit: 1008
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May 23, 2013, 09:04:19 PM |
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How do I buy 2 or 3 of the USB sticks? I'm not seeing any threads under goods/auctions...? Are they not sold in small quantities yet?
check custom hardware section.
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i don't post much, but this space for rent.
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Mausini
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May 23, 2013, 09:20:34 PM |
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I hope we will see our USB eruptors at e4btc.com and bitcoinstore.com soon
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SebastianJu
Legendary
Offline
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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May 23, 2013, 09:25:08 PM |
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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.
530 USB Sticks shipped? I thought the minimum amount is 300?
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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TiuraZ
Member
Offline
Activity: 101
Merit: 10
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May 23, 2013, 09:27:48 PM |
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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.
530 USB Sticks shipped? I thought the minimum amount is 300? It is. That was arklan's group buy.
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Melbustus
Legendary
Offline
Activity: 1722
Merit: 1004
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May 23, 2013, 09:47:35 PM |
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How do I buy 2 or 3 of the USB sticks? I'm not seeing any threads under goods/auctions...? Are they not sold in small quantities yet?
check custom hardware section. Thanks, but your buy is closed! . The other active one is UK-based, it seems... Guess I'll wait until another US one comes along.
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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matt4054
Legendary
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Activity: 1946
Merit: 1035
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May 23, 2013, 10:00:41 PM |
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Thanks, but your buy is closed! . The other active one is UK-based, it seems... Guess I'll wait until another US one comes along. The UK based GB operated by A+C offers worldwide shipping, 4 days shipping to the US = about +0.143 BTC to the hardware costs. 269 already sold out of 300.
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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May 23, 2013, 10:11:27 PM |
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When will the US-Bees go on sale at Newegg and Amazon???
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Surprise
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May 23, 2013, 11:01:45 PM |
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Does anyone know if Friedcat has said conclusively if the goal of 50TH/s by the beginning of June is still within reach or has been pushed back? I looked around the forums and have not found an answer to the question.
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