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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918234 times)
velacreations
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June 19, 2013, 02:58:31 PM
 #7701

SATOSHIS INCOMING!!!!!!



oh.. wait, nevermind.  false alert.

binaryFate
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June 19, 2013, 03:00:21 PM
 #7702

Commmaaaaannnndd!! I have so many things more important to do than pressing F5 repeatedly!!!

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
ShroomsKit
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June 19, 2013, 03:01:27 PM
 #7703

Let me explain why this is happening.
Because i bought a few shares.
The second i did the price of the shares went down and the hashing went down.
I somehow didn't expect anything else really.


this is the most scientific, well documented explanation we have received so far. 

Please sell me your shares.

Uhm wow, please tell me you didn't take that seriously. As that would make you kinda look uhm...stupid.

Its price is not a very relevant factor in its adoption....
binaryFate
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June 19, 2013, 03:02:29 PM
 #7704

Looks like there is a correlation between dividends proximity and unability to grasp irony.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
matt_boyd
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June 19, 2013, 03:03:08 PM
 #7705

What time usually are the dividends dished out at?
velacreations
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June 19, 2013, 03:03:38 PM
 #7706

Uhm wow, please tell me you didn't take that seriously. As that would make you kinda look uhm...stupid.

STFU and sell me your shares so we can get AM back to 3 btc...

velacreations
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June 19, 2013, 03:04:01 PM
 #7707

What time usually are the dividends dished out at?

about right now...

velacreations
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June 19, 2013, 03:04:43 PM
 #7708

Looks like there is a correlation between dividends proximity and unability to grasp irony.

+1

TsuyokuNaritai
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June 19, 2013, 03:05:47 PM
 #7709

What time usually are the dividends dished out at?

Last 3 weeks were about 2.45pm, 3.15pm & 1.30pm UTC.

tomywomy
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June 19, 2013, 03:06:02 PM
 #7710

Smiguel's charts show that BTC guild used to be a significant portion of asicminer hashing. What was that arrangement and why did it go down to zero this past week?
matt_boyd
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June 19, 2013, 03:06:24 PM
 #7711

Thanks! Hope we all get a nice share Wink
binaryFate
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June 19, 2013, 03:07:16 PM
 #7712

Smiguel's charts show that BTC guild used to be a significant portion of asicminer hashing. What was that arrangement and why did it go down to zero this past week?

Solo mining.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
benm
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June 19, 2013, 03:08:37 PM
 #7713

Smiguel's charts show that BTC guild used to be a significant portion of asicminer hashing. What was that arrangement and why did it go down to zero this past week?

ASICMINER started out mining for pools, partially for accountability/audit-ability. Pools take a percentage cut of the rewards, so Friedcat began moving hashing power away from pools and started doing more solo mining (basically mining in a personal pool.)
physalis
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June 19, 2013, 03:09:33 PM
 #7714

The suspense is killing me. Come on kitty, I'm supposed to be pretending to work right now.
VolanicEruptor
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June 19, 2013, 03:12:00 PM
 #7715

The suspense is killing me. Come on kitty, I'm supposed to be pretending to work right now.

your boss: "congrats on your weekly dividend, johnny!  ... and your termination slip!"

 Cheesy

(sorry if your name isn't johnny, you just seem like a johnny)

blackreplica
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June 19, 2013, 03:13:05 PM
 #7716

I just bought 71 shares of ASICminer on BTC-TC. This is my first time investing in anything using bitcoin (up till now I was a hoarder I guess). Risks aside, the value proposition just seems really good. Of course I didn't invest everything, though I was tempted to

I have two questions.

1) Am I crazy? It just seems too good to be true. Maybe i just trust friedcat too much? Why is the yield sitting on 50-60% annually and yet the price doesn't move upwards much?

2) Am I in time to get the dividends tonight?

www.sgBitcoin.net - The Premier News, Discussion & Marketplace Destination for the Singaporean Bitcoin Community
matt_boyd
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June 19, 2013, 03:14:07 PM
 #7717

I just bought 71 shares of ASICminer on BTC-TC. This is my first time investing in anything using bitcoin (up till now I was a hoarder). Risks aside, the value proposition just seems really good.

I have two questions.

1) Am I crazy? It just seems too good to be true. Maybe i just trust friendcat too much? Why is the yield sitting on 50-60% annually and yet the price doesn't move upwards much?

2) Am I in time to get the dividends tonight?

First off, 71 shares, damn, you loaded!

1. I don't think you are crazy, it should be all good:D

2. no idea, sorry Sad
ianp
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June 19, 2013, 03:14:30 PM
 #7718

Friendcat is the best cat.
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June 19, 2013, 03:15:22 PM
 #7719

The suspense is killing me. Come on kitty, I'm supposed to be pretending to work right now.

I'm supposed to hand up a research paper for uni in 2 days that I've been working on since February. The last two months since I discovered AM have been diabolical for my study habits.

 
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chriswilmer
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June 19, 2013, 03:15:37 PM
 #7720

I just bought 71 shares of ASICminer on BTC-TC. This is my first time investing in anything using bitcoin (up till now I was a hoarder I guess). Risks aside, the value proposition just seems really good. Of course I didn't invest everything, though I was tempted to

I have two questions.

1) Am I crazy? It just seems too good to be true. Maybe i just trust friedcat too much? Why is the yield sitting on 50-60% annually and yet the price doesn't move upwards much?

2) Am I in time to get the dividends tonight?

If those are pass-through shares, then yeah, you're in time I think.
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