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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916344 times)
VJain
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June 19, 2013, 03:35:42 AM
 #7641

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalk.org/index.php?topic=99497.msg2516240#msg2516240. Internet, must be true!

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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TsuyokuNaritai
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June 19, 2013, 03:43:33 AM
 #7642

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalk.org/index.php?topic=99497.msg2516240#msg2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalk.org/index.php?topic=99497.msg2516250#msg2516250

tkone
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June 19, 2013, 03:59:45 AM
 #7643

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalk.org/index.php?topic=99497.msg2516240#msg2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalk.org/index.php?topic=99497.msg2516250#msg2516250

i confirm i read it also its here you can see it yourself,
anyone want to sell shares link up with me while i still have some funds Smiley

JordanL
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June 19, 2013, 04:40:13 AM
 #7644

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalk.org/index.php?topic=99497.msg2516240#msg2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalk.org/index.php?topic=99497.msg2516250#msg2516250

i confirm i read it also its here you can see it yourself,
anyone want to sell shares link up with me while i still have some funds Smiley


This now widely-accepted news will also mean the end of Bitcoin itself, since similar quantum computers will be able to break the SHA256 algorithm. In light of this news, as an act of charity, I will purchase everyone's Bitcoins for $1 USD each.
VolanicEruptor
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June 19, 2013, 05:06:47 AM
 #7645

We could also be part of a Matrix, where our bodies are harvested and grown by machines.  This is just getting ridiculous.

empoweoqwj
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June 19, 2013, 05:14:59 AM
 #7646

We could also be part of a Matrix, where our bodies are harvested and grown by machines.  This is just getting ridiculous.

That's no rumour. Its fact  Grin
daemondazz
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June 19, 2013, 05:33:55 AM
 #7647

I saw it in a movie length documentary!

Computers, Amateur Radio, Electronics, Aviation - 1dazzrAbMqNu6cUwh2dtYckNygG7jKs8S
str4wm4n
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June 19, 2013, 05:49:54 AM
 #7648

satoshi is the AI persona of the internet
boyohi
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June 19, 2013, 06:13:11 AM
 #7649

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalk.org/index.php?topic=99497.msg2516240#msg2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalk.org/index.php?topic=99497.msg2516250#msg2516250

big dividends for all!!
🏰 TradeFortress 🏰
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June 19, 2013, 06:15:18 AM
 #7650

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalk.org/index.php?topic=99497.msg2516240#msg2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalk.org/index.php?topic=99497.msg2516250#msg2516250

i confirm i read it also its here you can see it yourself,
anyone want to sell shares link up with me while i still have some funds Smiley


This now widely-accepted news will also mean the end of Bitcoin itself, since similar quantum computers will be able to break the SHA256 algorithm. In light of this news, as an act of charity, I will purchase everyone's Bitcoins for $1 USD each.
I'll sell you my Testnet coins! You know, the quantum computers are going to be tested on testnet first.
dhenson
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June 19, 2013, 06:17:28 AM
 #7651

Since you insist, here's another speculative angle.

Maybe they took hashes offline because they realized they could freeze the current difficulty for a bit while they work on getting the new boards ready.

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June 19, 2013, 06:20:03 AM
 #7652

Since you insist, here's another speculative angle.

Maybe they took hashes offline because they realized they could freeze the current difficulty for a bit while they work on getting the new boards ready.


That makes little sense. The difficulty is not adjusted once every 2 weeks, it is adjusted once every 2016 blocks. So if they "froze" the current difficulty and got tons of new board online, then the difficulty is going to rise in a day or so instead of 5, neutralizing the effect.

The difficulty increase will be a bit less, yes, but that's not worth it when you have BFL & Avalon starting to ship more, and with the lost mining power.
dhenson
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June 19, 2013, 06:28:09 AM
 #7653

That makes little sense. The difficulty is not adjusted once every 2 weeks, it is adjusted once every 2016 blocks. So if they "froze" the current difficulty and got tons of new board online, then the difficulty is going to rise in a day or so instead of 5, neutralizing the effect.

The difficulty increase will be a bit less, yes, but that's not worth it when you have BFL & Avalon starting to ship more, and with the lost mining power.

At the current block discovery rate, these 2016 blocks are going to take 3-4 weeks.  In the last hour we've had 2 blocks found, the last one was 45 mins ago. 

I'm not discounting your point, it would seem to be of limited value, but you have to admit that the timing feels right.
TsuyokuNaritai
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June 19, 2013, 06:38:51 AM
 #7654

In the last hour we've had 2 blocks found, the last one was 45 mins ago. 

Hmm... won't that make the dividends take much longer than usual today?


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June 19, 2013, 06:40:50 AM
 #7655

What were back on topic
And I was going to let these shenanigans go on to the next page  Wink


Believing in Bitcoins and it's ability to change the world
empoweoqwj
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June 19, 2013, 06:46:10 AM
 #7656

What were back on topic
And I was going to let these shenanigans go on to the next page  Wink



What's the topic? Hard to sort it from those nasty shenanigans Wink

I just pity a future investor who turns up in 6 months time doing research and has 700 pages of this to go through rather than the 376 I forced myself through.

Although I have to say, when you read "Fast-forward" style, you get a reward of a friedcat post every hour. In real-time, this thread is a lot less exciting, no disrepect intended, I'm eagerly awaiting my first real-time friedcat post  Grin
lophie
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June 19, 2013, 06:47:05 AM
 #7657

Hmm low divs and BTC crashing? So this means cheaper shares again? My coins are ready.

Will take me a while to climb up again, But where is a will, there is a way...
tkone
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June 19, 2013, 06:49:39 AM
 #7658

Hmm low divs and BTC crashing? So this means cheaper shares again? My coins are ready.
btc crashing? i think its rising ofcourse there might be an inevitable crash, but what if there wont be one till later? makes me scared to sell coins lol

lophie
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June 19, 2013, 06:55:21 AM
 #7659

Hmm low divs and BTC crashing? So this means cheaper shares again? My coins are ready.
btc crashing? i think its rising ofcourse there might be an inevitable crash, but what if there wont be one till later? makes me scared to sell coins lol

yes, yeeees, sell them cheap coins..... no one wants them.... muahahahahaha

Will take me a while to climb up again, But where is a will, there is a way...
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June 19, 2013, 07:07:40 AM
Last edit: June 19, 2013, 07:31:36 AM by freedomno1
 #7660

What were back on topic
And I was going to let these shenanigans go on to the next page  Wink



What's the topic? Hard to sort it from those nasty shenanigans Wink

I just pity a future investor who turns up in 6 months time doing research and has 700 pages of this to go through rather than the 376 I forced myself through.

Although I have to say, when you read "Fast-forward" style, you get a reward of a friedcat post every hour. In real-time, this thread is a lot less exciting, no disrepect intended, I'm eagerly awaiting my first real-time friedcat post  Grin

When I started it was page 252 but future investors will just have to make do  Cool
And we need more cat photos to add to the excitement for future readers hehe
Looks at clock oh sometime today Smiley

And 2.5 Wall is 100% Done

Jutarul
Final Update

0 shares available.
2000 shares paid.

Thank you all for participating in this successful transfer of equity. I hope that AM shares will be a good match for your portfolio.


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