ASICMINER: Entering the Future of ASIC Mining by Inventing It

[ianp]

Its a fansite and it hasn't been updated since a month.. _{(just like the charts on the last tab, also not my website)}

I don't want to derail the current discussion started by aahzmundus, but I have a quick question.

I"m curious how you derive the hashrate on your site (which is amazing, by the way.)

I have no interest in doing this myself, I'm just curious how it works. Is it some sort of factor of difficulty and blocks per hour?

Ian

Edit -- Nevermind, I found a good explanation here: https://en.bitcoin.it/wiki/Difficulty

[1714078797]

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[daemondazz]

What is the red box under each transaction showing? Is it the difference between the input and the output excluding change, in which case, adding those up comes to about 384k?

[Rival]

Are my assumptions wrong?  Did I fuck up and miss a transaction in this spreadsheet? 

Friedcat would probably not send dividend confirmations for any shares owned by either ASICMiner or BitFountain. I mean, why would he (they)?

[aahzmundus]

Are my assumptions wrong?  Did I fuck up and miss a transaction in this spreadsheet? 

Friedcat would probably not send dividend confirmations for any shares owned by either ASICMiner or BitFountain. I mean, why would he (they)?

I agree, but currently we are under the impression that 400,000 shares exist, and >160,000 but <200,000 are in "public" hands.  I know someone knows the real number of shares held publicly... but I am trying to verify it.

Whatever way you slice it... I should be able to account for more then 64,469 shares, and yet I am unable.

[binaryFate]

Assuming your computations are correct, we could do this every weeks. Maybe it would make it clear that AM is steadily buying back shares or any other surprising fact.

EDIT: 100th post!! 

[Rival]

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

[binaryFate]

Sorry, I don't have the time to explain which transactions I was counting, but with 64 469 shares you're definitely missing something^^

Hope you'll find time to elaborate.

Not to mention all the TAT shares they have.

TAT already mentionned his address was in the listing.

[ThickAsThieves]

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

Mine are in there, as I mentioned earlier. I expect that all of Burnside's and DeadTerra's are in there as well.

There are only two likely answers:

1. There is a pool of shareholders that are paid from a 2nd address.
2. Bitfountain/AM have bought back shares.

If #2 is true, this changes the whole outlook for the current market price, meaning that most of the public shares are already in circulation on the passthroughs, and that there are very few "direct" shares left to buy. If this is true, it would be great for price stability, and possibly lead to an increase in value for all shares.

This is something I would love to hear Friedcat chime in on.

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

Discuss!

[puck2]

Everyone, please stop dominating your discussion and, more importantly, your thinking in USD. Thus is a Bitcoin operating operating in China that is minting bitcoins by mining and selling hardware globally.

[ThickAsThieves]

Everyone, please stop dominating your discussion and, more importantly, your thinking in USD. Thus is a Bitcoin operating operating in China that is minting bitcoins by mining and selling hardware globally.

Random interjection is random.

[gog1]

If #2 is true, it may make prices and trading more transparent as most trading will be done via public exchanges, but does nothing to increase the earning power / share.  After all, shares are not being cancelled, still a pie with 400000 slices.  However, it does represent management's outlook of the business.

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

Mine are in there, as I mentioned earlier. I expect that all of Burnside's and DeadTerra's are in there as well.

There are only two likely answers:

1. There is a pool of shareholders that are paid from a 2nd address.
2. Bitfountain/AM have bought back shares.

If #2 is true, this changes the whole outlook for the current market price, meaning that most of the public shares are already in circulation on the passthroughs, and that there are very few "direct" shares left to buy. If this is true, it would be great for price stability, and possibly lead to an increase in value for all shares.

This is something I would love to hear Friedcat chime in on.

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

Discuss!

[binaryFate]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

[ThickAsThieves]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

[binaryFate]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

Can you find out which one so we can correct this study?

[ThickAsThieves]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

Can you find out which one so we can correct this study?

I believe the other payout address(es) are private intentionally, to protect very large shareholders.

[binaryFate]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

Can you find out which one so we can correct this study?

I believe the other payout address(es) are private intentionally, to protect very large shareholders.

Larger than 12,000 shares? Wow 
I don't have time now but digging a bit I'm sure we could find them. Just following "AM coins" starting when they are mined from transaction to transaction. Nothing is private, thanks BTC 

[MikkisJ]

Bitfunder has over PT 18,000 shares, and my understanding is that all dividends are paid in one transfer, but you don't have that payment in your list. Or am I wrong?

[Lohoris]

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

• "Which is ASICMINER's bus factor?"

[bitfair]

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

• "Which is ASICMINER's bus factor?"

His post history indicates the answer is: 3.

[nexus 6]

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

Mine are in there, as I mentioned earlier. I expect that all of Burnside's and DeadTerra's are in there as well.

There are only two likely answers:

1. There is a pool of shareholders that are paid from a 2nd address.
2. Bitfountain/AM have bought back shares.

If #2 is true, this changes the whole outlook for the current market price, meaning that most of the public shares are already in circulation on the passthroughs, and that there are very few "direct" shares left to buy. If this is true, it would be great for price stability, and possibly lead to an increase in value for all shares.

This is something I would love to hear Friedcat chime in on.

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

Discuss!

Hi,

I think this is a great idea, since provides some organization and improves comunication between shareholders and Friedcat.

If somebody compiles it, i would like to add a question:

Q- ¿Had Friedcat considered to start an advertising campaign here in the forum?

I remember BFL campaign.  These guys may dont be great making chips, but they are good at marketing.  Every single person was noticed all the time, about that BFL ASICS.

I have read many shareholders focusing on ASICMINER website development. It could be fine, but i mean that a single advertising campaingn could works quite well improving sales and revenues.

Also, as a shareholder, i would like to include some ASICMINER advertise in my signature space.