ASICMINER: Entering the Future of ASIC Mining by Inventing It

[JimiQ84]

hashrate going down can be due to installation of new blades. friedcat mentioned new blade design by late june in blade sales thread. I suppose we are in late june

[1715592796]

1715592796

[Luckybit]

I'm interested in what happened in Africa in the 1990's and 2000's. In many parts there infrastructure is poor, and liable to being unmaintained, stolen, or destroyed by conflict. Many parts of Africa have good mobile phone networks, though, as they're relatively cheap to deploy and can be deployed in numbers to provide redundancy (or even just moved around on trucks). If you said to a villager in many parts of Africa that his mobile phone can generate $2 a day if it does Bitcoin, he'd probably offer his daughter to you.

I've had a couple more thoughts riffing on this idea over a glass of wine. Yes, it is after 5 where I am.  

Make the chips as cheap as possible, maybe even *pay* mobile phone makers to bundle them into handsets.

Consider collaborating with other leading Bitcoin miners to fund development. Design goals are the best performance possible with low power. It will be designed to go into a cheap phone, so sleek design is not so important, i.e., the phone might be a "brick" with a larger battery.

Great idea. The bitcoins on phone can be changed to credit automatically. A phne that makes its own free credit.

This is actually a brilliant idea and doable. The phone wouldn't last very long but if it's a disposable free phone then it can beat out the Obama phone the US government is offering. You could just distribute the free phone to anyone who currently has an Obama phone as marketing.

Is someone actually intending to work on this idea? It seems like it could be doable right now.

[Luckybit]

I'm interested in what happened in Africa in the 1990's and 2000's. In many parts there infrastructure is poor, and liable to being unmaintained, stolen, or destroyed by conflict. Many parts of Africa have good mobile phone networks, though, as they're relatively cheap to deploy and can be deployed in numbers to provide redundancy (or even just moved around on trucks). If you said to a villager in many parts of Africa that his mobile phone can generate $2 a day if it does Bitcoin, he'd probably offer his daughter to you.

I've had a couple more thoughts riffing on this idea over a glass of wine. Yes, it is after 5 where I am.  

Make the chips as cheap as possible, maybe even *pay* mobile phone makers to bundle them into handsets.

Consider collaborating with other leading Bitcoin miners to fund development. Design goals are the best performance possible with low power. It will be designed to go into a cheap phone, so sleek design is not so important, i.e., the phone might be a "brick" with a larger battery.

Great idea. The bitcoins on phone can be changed to credit automatically. A phne that makes its own free credit.

In some places in Africa, cell phone minutes are actually used as a type of currency. Once someone figures out how to implement this idea (although I am skeptical until batteries can put out a lot more juice), OR trade bitcoins via SMS, I think we will have a MASSIVE market that opens up in Africa.

Not just in Africa, the whole world really. Everyone uses cellphones and everyone wants free minutes.

[GIANNAT]

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.

Jutarul is long sighted eh.. He knows they aren't worth that much

[VeeMiner]

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.

Jutarul is long sighted eh.. He knows they aren't worth that much

don't buy then and go here:

https://bitcointalk.org/index.php?topic=235763.0

[freedomno1]

Jutarul is long sighted eh.. He knows they aren't worth that much

https://bitcointalk.org/index.php?topic=123743.msg1329795#msg1329795
He just needed to pay back his loan  

But for the bears
https://bitcointalk.org/index.php?topic=99497.msg1215571#msg1215571

Since I'm lurking in history

Random suggestions of the past time
https://bitcointalk.org/index.php?topic=99497.msg1203037#msg1203037
It would be nice if we had a wiki page, listing all the known ASIC competitors, their proposed product lines, their location, their specs and their production schedule.

Random prediction's of the past too
https://bitcointalk.org/index.php?topic=99497.msg1188741#msg1188741
https://bitcointalk.org/index.php?topic=99497.msg1164899#msg1164899

Sorry Jutarul your so old that your like a mystic in the post logs  
Keeps watching the Vets while not trying to be creepy about it hehe

[btharper]

I am not selling shares (I don't even own shares), someone is attempting to use my account to scam though and I apologise. DO NOT SEND ME MONEY. Thanks.

[Pierre]

I am selling ASICMINER shares for 2.85 BTC per share.

https://blockchain.info/address/1Q1ytqxdKSgjJimmJ5nTxPiSt674QkBzzM

I am btharper on Bitcointalk and I am selling my 25 ASICMINER shares

HPrNLhGeoo5NvZRD0nyc2dgNYO8FhVFq+qe5NMyp+KzJAXe2DBhhHBvXlWK9IyhZKcAJ6AYE7pCt2Szrw40dm1A=

No escrow (I need funds fast), if you don't like it don't trade. I've been here since 2012 and I've conducted various trades.

PM for details. First come first serve.

You only had them one week?

[jmutch]

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.

Jutarul is long sighted eh.. He knows they aren't worth that much

Why didn't he sell all 10,000 then and become a millionaire? 

[GIANNAT]

Why didn't he sell all 10,000 then and become a millionaire?  

Because there isn't enough demand. There was already a price drop when he posted he was selling 2k, imagine selling 10k..

[Jutarul]

Sorry Jutarul your so old that your like a mystic in the post logs  
Keeps watching the Vets while not trying to be creepy about it hehe

Lol. This business is moving so fast that 9 months feel like it happened in a past life. Incredible. It also puts the success of bitfountain into perspective. I considered myself an optimist back then.

For those of you who are wondering why I sold at 2.5. It's simple investor strategy - i.e. risk management. Holding bitcoins has a different risk exposure than holding dividend paying stocks. I still believe that 2.5 is a good entry level point for the right investors, simply due to the expected return.

[hl5460]

i love how speculation helps keep the share price lower, makes it easier for me to invest more or reinvest profits
i hope this goes on for a while

I am afraid that there are too many people holding same thoughts.

[physalis]

Nobody guessing dividends today?

[Fabrizio89]

.

[nubbins]

Nobody guessing dividends today?

There's a thread for that

https://bitcointalk.org/index.php?topic=235763.0

[SmiGueL]

Nobody guessing dividends today?

I did: MD5: fdacc2f7eb3aceb9cf6ce08748784e91

[ianp]

Nobody guessing dividends today?

I did: MD5: fdacc2f7eb3aceb9cf6ce08748784e91  

I noticed on your chart that the dividend address has been "zerored" out.. Did they send divs already?

Nevermind. I r dum.

[ianp]

My prediction

0.014875785217

[SmiGueL]

My prediction

0.014875785217

Remove the last 7 and you've got my MD5 hash.

But probably also some sticks have been sold, which will boost the divs a bit

[CanadianGuy]

My prediction

0.014875785217

Remove the last 7 and you've got my MD5 hash.

But probably also some sticks have been sold, which will boost the divs a bit

sold out