talnted
Full Member
 Offline
Activity: 236
Merit: 100
www.bitcoingem.com
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May 29, 2013, 02:57:03 PM |
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trolltalk.org: Where BFL_Josh, MPoE-PR, The boogie man and Lophie lurks....  lolll |
Over 800+ BTC Paid Out! 1110+ Buyers of the Gem! |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Bitcycle
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May 29, 2013, 03:03:41 PM |
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"The change address was the input address!"
Is that the 21st century equivalent of "The call is coming from inside the house!!!" ?
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lophie
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May 29, 2013, 03:15:26 PM
Last edit: May 29, 2013, 03:31:28 PM by lophie |
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"The change address was the input address!"
Is that the 21st century equivalent of "The call is coming from inside the house!!!" ?
Not supposed to be published yet and I think it is full of holes after all. But I am working on something called "Pseudo-Anonymous Identity Verification Using Block-Chain Based Distributed Contracts". One test case returned bizarre results which turned out to be correct results but looked like something went terribly wrong and that was because the change address for the tx was one of the inputs. EDIT: a peek, hope it makes sense a bit, hope you would like it, The full doc and source code is still under development p.s.: The values illustrated are of a real existing tx and the process was produced by working code.  |
Will take me a while to climb up again, But where is a will, there is a way...
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runeks
Legendary
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Activity: 980
Merit: 1008
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May 29, 2013, 03:26:17 PM |
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Hi guys. Could someone help a dude out and let me know what the upcoming ASICMINER plans are to bring more mining hardware online? I've been reading mention of 200 TH or something massive like that . Is this thread where it would be announced? It's not mentioned in the OP and don't want to sift through 300+ pages of thread. Thanks.
About the plans themselves, basically, he will probably adapt and enable more hashrate as soon as the competition starts following just a little bit (thinking Avalon [machines and chips] here, not Bullshit, Fallacies and Lies...) Anyone else thinking this isn't the optimal approach? In my opinion, ASICMiner should sell all the devices that are ready to mine, unless they intend to mine with them themselves. Having ready-to-mine hardware sitting idle is money down the drain. They should produce as many devices as fast as they can, and when they are ready, judge whether the network has grown enough for them to mine with them, or sell them. Rinse, repeat. I bet we could very well see an average of 0.02 in divs for almost all june, there's still a good amount of hardware to sell, though it's not impossible that the company could retain some funds for future plans, which I speculate could be oriented in a slightly different direction.
For what it's worth, I've been tracking the payouts from solo mining, and they currently amount to 0.0071 BTC/share:  http://runeks.dk/bitcoin/I'm working on getting x-day average hash rates added for various periods (it's not as easy as it may seem, when a period spans one or several difficulty changes!). |
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ThickAsThieves
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May 29, 2013, 03:28:33 PM |
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In my opinion, ASICMiner should sell all the devices that are ready to mine, unless they intend to mine with them themselves. Having ready-to-mine hardware sitting idle is money down the drain.
Friedcat never said they are just sitting on devices, afaik. |
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Ozymandias
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May 29, 2013, 03:31:57 PM |
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Here come the satoshis!
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SmiGueL
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May 29, 2013, 03:32:09 PM |
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Look what I found!  (Starts with an S.......)Edit:Hm, 12 sec. to late |
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BlackLilac Grant
Member
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Activity: 72
Merit: 10
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May 29, 2013, 03:32:45 PM |
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I guess when you control 30% of the network's hash rate you don't have trouble getting your transactions pushed through. |
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runeks
Legendary
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Activity: 980
Merit: 1008
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May 29, 2013, 03:33:26 PM |
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In my opinion, ASICMiner should sell all the devices that are ready to mine, unless they intend to mine with them themselves. Having ready-to-mine hardware sitting idle is money down the drain.
Friedcat never said they are just sitting on devices, afaik. I hope that's not the case. I just wanted to voice the opinion anyway. Honestly, friedcat seems too clever to not be able to figure out that the devices they are producing now are declining in value at an incredibly high rate. |
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GIANNAT
Legendary
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Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
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May 29, 2013, 03:36:39 PM |
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0.02653753 per share
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John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1225
Away on an extended break
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May 29, 2013, 03:36:54 PM |
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0.02653753 per share !
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phr33
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May 29, 2013, 03:37:15 PM |
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0.02653753 per share
0.02653754 if you count the satoshi  |
My BTC input: 1GAtPwoTGPQ35y9QugJueum5GzaEzLYjiQ My GPG ID: B0CCFD4A |
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BlackLilac Grant
Member
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Activity: 72
Merit: 10
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May 29, 2013, 03:38:50 PM |
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Woozaa, BTC0.02653753 per share. I'd bet we'll see 3BTC shares on the passthoughs by the end of the day. I guess I'm not the only one buying block eruptors and USBs. |
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SilentSonicBoom
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May 29, 2013, 03:39:26 PM |
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0.02653753 per share !
Great news again. Keep the great work going friedcat/AsicMiner! Awesome job! |
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Eric Muyser
Full Member
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Activity: 224
Merit: 100
You can't kill math.
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May 29, 2013, 03:43:21 PM |
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0.02653753 per share !
Great news again. Keep the great work going friedcat/AsicMiner! Awesome job! Friedcat for President! |
@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
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talnted
Full Member
Offline
Activity: 236
Merit: 100
www.bitcoingem.com
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May 29, 2013, 03:43:28 PM |
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0.02653753 per share !
Wow huge increase from last week. |
Over 800+ BTC Paid Out! 1110+ Buyers of the Gem! |
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Mausini
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May 29, 2013, 03:45:01 PM |
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0.02653753 per share !
Great news again. Keep the great work going friedcat/AsicMiner! Awesome job! Friedcat for President! congrats gentlemen  |
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HTML5 Gordon
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May 29, 2013, 03:52:08 PM |
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0.02653753 per share !
Great news again. Keep the great work going friedcat/AsicMiner! Awesome job! Friedcat for President! Woohoo!  |
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mc_lovin
Legendary
Offline
Activity: 1190
Merit: 1000
www.bitcointrading.com
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May 29, 2013, 04:12:49 PM |
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I guess when you control 30% of the network's hash rate you don't have trouble getting your transactions pushed through. Especially when you're solo mining and processing your own transactions AM FTW!! |
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JackH
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May 29, 2013, 04:41:20 PM |
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This is probably one of the best investments mankind has seen in a very very long time. This baby is paying a sweet amount of dividend out as well as rising in value like a monster. God I love myself for buying at the right time |
<helo> funny that this proposal grows the maximum block size to 8GB, and is seen as a compromise
<helo> oh, you don't like a 20x increase? well how about 8192x increase?
<JackH> lmao
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