romerun
Legendary
 Offline
Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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June 11, 2013, 01:13:14 AM |
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put it on the 6th gear, and let the good times roll
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aahzmundus
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June 11, 2013, 01:35:28 AM |
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Runeks, love your chart! Would it be possible to adjust your second chart, or add a new one, so that there is an overlay of the previous week(s)? Basically I want to easily at a glance see if we are doing better or worse then last week without having to hover over the line and count the days. Donations incoming after I get my next divs (spent last weeks on hookers and blow already) as I realize I look at your chart daily, and I have yet to donate to you!
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kokojie
Legendary
Offline
Activity: 1806
Merit: 1003
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June 11, 2013, 02:18:48 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! two words: holy shit This is no small achievement. |
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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KarmaShark
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June 11, 2013, 02:29:07 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! A new chapter begins. |
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lophie
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June 11, 2013, 02:35:57 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! A new chapter begins. ASIC Hashrace first recorded on Tuesday 11th of June |
Will take me a while to climb up again, But where is a will, there is a way...
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Betatester
Member
Offline
Activity: 118
Merit: 10
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June 11, 2013, 02:36:43 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! Didn´t he say they wanted 20% of the network and stay there. Maybe already stocking up now, as BFL seems finally about to ship bigger units. |
1LdXn1PKhzLYT45W4sCUR1yqXNuiY1MLYw
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lophie
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June 11, 2013, 02:41:21 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! Didn´t he say they wanted 20% of the network and stay there. Maybe already stocking up now, as BFL seems finally about to ship bigger units. Maybe with other ASICS coming online ASICMINER decided that it is better to have more % of the network so we can withstand the decrease in % and catch up to the increasing hashrate of non ASICMINER? |
Will take me a while to climb up again, But where is a will, there is a way...
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crashoveride54902
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June 11, 2013, 02:46:37 AM |
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I think AM should get 40% of network n just hold it there  why not? btc guild had that spot for awhile now...its AM turn  |
Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks  |
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joele
Legendary
Offline
Activity: 1022
Merit: 1000
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June 11, 2013, 02:49:39 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! I more certain to buy more shares |
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shawshankinmate37927
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June 11, 2013, 02:49:50 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! two words: holy shit This is no small achievement. All those guys that had their bitcoins tied up with BFL pre-orders must be kicking themselves over and over wishing they had put those bitcoins towards AM shares. |
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford
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helixone
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June 11, 2013, 02:53:47 AM |
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ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!! http://blockchain.info/poolsShareholders rejoice!! Didn´t he say they wanted 20% of the network and stay there. Maybe already stocking up now, as BFL seems finally about to ship bigger units. I believe friedcat made an early conservative estimate that he would be able to hold onto 10% of the network, but that was months ago, and before it became clear that Avalon and BFL couldn't reach the scale of production as quickly as ASICMINER has been able to. I do not recall him making any adjustments to his conservative goal of 10%, however that said, it's clear that he's doing the best he can for shareholders. Do consider that if difficulty goes up 20% on the next difficulty increase that means they have to increase hashing by 20%, that get's harder and harder to deploy as we're already talking huge amounts of HW. IE: 31TH to 37.2TH, which is basically 600 Blockerupter boards in 10 days, or 60 boards a day. Mmm. This is doable if they have the datacenter space, cooling, networking and power in place, but keeping up with difficulty is going to get harder and harder. (Bear in mind they are already managing 3100 blockerupter boards in their mining farm!!) My gut feeling, is that they'll only be able to build so many datacenters so fast, and will likely steer a larger percentage of their hardware production towards sales. (And will steer more HW to mining as datacenters come online.) Damn what an awesome problem to have! (Please note all numbers are approximations.) -helixone |
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Jere.Jones
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June 11, 2013, 04:20:28 AM |
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All those guys that had their bitcoins tied up with BFL pre-orders must be kicking themselves over and over wishing they had put those bitcoins towards AM shares. Yes. Yes I am. Back in February, the 100+ BTC I used to order BFL boxes would've bought me a couple hundred shares of ASICMINER which would now give a 5BTC/week dividend and be worth over 500BTC. Kicking... over... and... over... |
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Factory
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June 11, 2013, 04:51:34 AM |
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Do consider that if difficulty goes up 20% on the next difficulty increase that means they have to increase hashing by 20%, that get's harder and harder to deploy as we're already talking huge amounts of HW. IE: 31TH to 37.2TH, which is basically 600 Blockerupter boards in 10 days, or 60 boards a day. Mmm. This is doable if they have the datacenter space, cooling, networking and power in place, but keeping up with difficulty is going to get harder and harder. (Bear in mind they are already managing 3100 blockerupter boards in their mining farm!!)
This is where the law of large numbers will really start to be apparent regarding ASICMINER. ASICMINER is currently sitting around ~23.5% of the network. While all of the near-term mining equipment is paid for, setting it up and maintaining it along with the current equipment will become a much more difficult challenge. I think with the delays and issues BFL and Avalon are having that ASICMINER should be able to maintain 16-19% of the network in the near future and that longer term Friedcat's estimate of 10% seems reasonable. While it may be alarming to some investors that it is unlikely ASICMINER will be able to maintain a 20% hold of the network far into the future, there are other points to consider. As bitcoin gains acceptance, more transactions will lead to much higher fees. Over time, especially with future instances of block halving, these fees will become a larger reward than the actual block rewards. Tracking bitcoin acceptance and total transaction growth should be paid more attention to, as it will have a direct effect on ASICMINER's profitability. |
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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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June 11, 2013, 05:05:14 AM |
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A high difficulty increase every 2160 blocks also makes investing in newer generations of tech sooner more attractive. Spend a lot of money to stay where you are with the current tech, and fill up your datacentre quickly, or expedite the next generation and not be forced to find more space, power and people, at least for a while.
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dhenson
Legendary
Offline
Activity: 994
Merit: 1000
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June 11, 2013, 06:34:43 AM |
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They aren't 'going' anywhere, they aren't going to get any bidders. USB blockerupters are overpriced by every metric. However, as a shareholder, I'm perfectly fine with that lol. |
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stripykitteh
Legendary
Offline
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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June 11, 2013, 06:41:57 AM |
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Did you notice the name of the seller? Ah, not the same guy.  He only wants $40K now. |
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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June 11, 2013, 07:01:19 AM |
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Did you notice the name of the seller? Ah, not the same guy. He only wants $40K now.  |
Believing in Bitcoins and it's ability to change the world
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AMuppInTime
Donator
Sr. Member
Offline
Activity: 290
Merit: 250
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June 11, 2013, 07:34:47 AM |
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(06/11 - 12:33am PST) http://blockchain.info/pools now shows the big 3 as 23% - BTC Guild 20% - ASICminer 18% - 50BTC ASICminer making sure they can scale up as needed maybe? |
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Ashitank
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June 11, 2013, 07:51:08 AM |
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Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  |
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