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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916404 times)
binaryFate
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June 19, 2013, 07:46:13 PM
 #7841

It's just luck, but it shows things are going back to normal.

It's just luck you said it yourself, and therefore doesn't show anything. You could as well make calculations on the last block only and say that AM has 100% of the hash rate?

I encourage people without any idea about probabilities and statistics to NOT tell us in the name of probabilities and statistics what are only their "feelings". Many thanks!

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
Streets 2.0
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June 19, 2013, 07:46:48 PM
 #7842

Down to 69.22 th/s in the last hour. PANIC SELL

LOL I love reading this thread each day and refreshing throughout, it is like a cutout from the funnies section! 

ianp
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June 19, 2013, 07:51:29 PM
 #7843

Down to 69.22 th/s in the last hour. PANIC SELL

LOL I love reading this thread each day and refreshing throughout, it is like a cutout from the funnies section! 

I'm a businessman by day (and night,) but my personal opinion is that jokes keep things light hearted. Nobody should take this too seriously. After all is said and done, we still have families, friends, etc.

I can see how this would be viewed as spam'ish, or rhetoric by someone who doesn't feel the same way, though Smiley

Ian
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June 19, 2013, 07:53:12 PM
 #7844

Down to 69.22 th/s in the last hour. PANIC SELL

LOL I love reading this thread each day and refreshing throughout, it is like a cutout from the funnies section! 

I'm a businessman by day (and night,) but my personal opinion is that jokes keep things light hearted. Nobody should take this too seriously. After all is said and done, we still have families, friends, etc.

I can see how this would be viewed as spam'ish, or rhetoric by someone who doesn't feel the same way, though Smiley

Ian

Anyone got #'s for the margin of errors for the variance in looking at 1-4 hours of blocks? Lol.

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ianp
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June 19, 2013, 07:55:08 PM
 #7845

Down to 69.22 th/s in the last hour. PANIC SELL

LOL I love reading this thread each day and refreshing throughout, it is like a cutout from the funnies section!  

I'm a businessman by day (and night,) but my personal opinion is that jokes keep things light hearted. Nobody should take this too seriously. After all is said and done, we still have families, friends, etc.

I can see how this would be viewed as spam'ish, or rhetoric by someone who doesn't feel the same way, though Smiley

Ian

Anyone got #'s for the margin of errors for the variance in looking at 1-4 hours of blocks? Lol.

I'll tell you my personal take -- when you see a streak of 2 or 2, skip one, and 2 more.. Anything after that is typically not margin of error/luck/fluke. For example, 2-x-2-x-1 would probably be due to a lot of hashing power. If you see a 2 or 2-x-2 streak, then it's likely luck. With that said, I would speculate that the recent 2-x-2 finds are likely luck. I would attribute possibly 1 of those to the hashrate, and 3 of them to luck.

Just an observation that I can't quantify.

Margin of error in 24 hours is fairly low, while 48 hours is half of 48 hours. Each one of the sites that shows you a graph takes an hourly hashrate and projects from there. 24 hours has 24 separate samples, 48 hours has 48, etc.

binaryFate
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June 19, 2013, 07:57:59 PM
 #7846

I encourage people without any idea about probabilities and statistics to NOT tell us in the name of probabilities and statistics what are only their "feelings". Many thanks!

I'll tell you my personal take -- when you see a streak of 2 or 2, skip one, and 2 more.. Anything after that is typically not margin of error/luck/fluke. If you see a 2 or 2-x-2 streak, then it's likely luck.

Just an observation that I can't quantify.

Thanks for the example!  Smiley

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
statdude
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June 19, 2013, 07:59:24 PM
 #7847

Someone should start a site where you can bet on who gets the net block. Or probably exists, huh?

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  Website
    Twitter
      Gitlab
      Reddit
    Telegram
Whitepaper
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ianp
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June 19, 2013, 07:59:38 PM
Last edit: June 19, 2013, 08:11:30 PM by ianp
 #7848

I encourage people without any idea about probabilities and statistics to NOT tell us in the name of probabilities and statistics what are only their "feelings". Many thanks!

I'll tell you my personal take -- when you see a streak of 2 or 2, skip one, and 2 more.. Anything after that is typically not margin of error/luck/fluke. If you see a 2 or 2-x-2 streak, then it's likely luck.

Just an observation that I can't quantify.

Thanks for the example!  Smiley

No problem -- For what it's worth, I have a strong background in statistics and probability. But some things are just too difficult to quantify, and or we don't really have enough information to quantify.

I think with ASICMINER this week, we're the later.

Ian
freedomno1
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June 19, 2013, 08:10:17 PM
 #7849

Settle down settle down, remember that as recently as May 9, 2013... 0.01108519/share was considered stellar performance... Today's dividend is 63% higher than that of May 9th.
remember that back in may 9th it was trading at 1.5 BTC. not 2.8 BTC.

Estimates one more week of scared panic whistle  Cool
Long live Friedcat! XD

(Mumbles thought that the information was pretty widely available that the div would be lower lol)
(Changes selling strategy for next week he-he market logic)

Believing in Bitcoins and it's ability to change the world
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June 19, 2013, 08:18:29 PM
 #7850

anyway it seems to me that some of the "investors" here are like kids and they start panicking at a slightly lower dividend. I mean everybody knew that the dividends are going to be lower this week. Alright, the speculator weak hands will shake and we can get cheaper shares...

OH yeah - I've increased my holdings nicely today, playing the admittedly dangerous high/low game.  That's a healthy "dividend" that more than makes up for the decrease in dividends.  And if my purchases gave someone some relief from their nerves, then it's a win for them, too.

BTC: 1MrNRPo7p8DEyxn87c9BCGwrbatBQeCHc1
SOSLOVE868
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June 19, 2013, 08:20:15 PM
 #7851

anyway it seems to me that some of the "investors" here are like kids and they start panicking at a slightly lower dividend. I mean everybody knew that the dividends are going to be lower this week. Alright, the speculator weak hands will shake and we can get cheaper shares...

OH yeah - I've increased my holdings nicely today, playing the admittedly dangerous high/low game.  That's a healthy "dividend" that more than makes up for the decrease in dividends.  And if my purchases gave someone some relief from their nerves, then it's a win for them, too.
Me too. Get a extra 4 shares this much much better than dividend ...
ShroomsKit
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June 19, 2013, 08:46:53 PM
 #7852

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Its price is not a very relevant factor in its adoption....
gramma
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June 19, 2013, 08:49:56 PM
 #7853

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Wait as patiently as you can manage.  First the divs will go to the PTs, then be forwarded along to the PT share holders.

BTC: 1MrNRPo7p8DEyxn87c9BCGwrbatBQeCHc1
freedomno1
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June 19, 2013, 08:50:52 PM
 #7854

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Believing in Bitcoins and it's ability to change the world
ShroomsKit
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June 19, 2013, 08:52:20 PM
 #7855

Settle down settle down, remember that as recently as May 9, 2013... 0.01108519/share was considered stellar performance... Today's dividend is 63% higher than that of May 9th.
remember that back in may 9th it was trading at 1.5 BTC. not 2.8 BTC.
EXACTLY

and there it is, share prices at 2.69...

I noticed all you do here is spread fud and talk shit about Asicminer.
I'm just wondering why exactly.
What's in it for you by doing that?

Its price is not a very relevant factor in its adoption....
freedomno1
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June 19, 2013, 08:53:51 PM
 #7856

We got lonely without any bears  Wink

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ShroomsKit
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June 19, 2013, 08:54:06 PM
 #7857

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.

Its price is not a very relevant factor in its adoption....
freedomno1
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June 19, 2013, 08:54:56 PM
Last edit: June 19, 2013, 09:08:11 PM by freedomno1
 #7858

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.


You can check in the history tab if it's already completed the dividend has been paid out
TAT.ASICminer has paid the dividends should have gotten an e-mail dividend notification
http://postimg.org/image/jxyx5f1nd/172505cf/

ASICMINER-PT has not yet received it's dividend burnside is at a meeting
http://postimg.org/image/qzsupgz1f/

You can check the history tab to see if dividends have been released hope that makes more sense
Free

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ShroomsKit
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June 19, 2013, 09:04:04 PM
 #7859

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.

Reserved post give me a sec I'll screenshot of what I mean

You can check in the history tab if it's already completed the dividend has been paid out
TAT.ASICminer has paid the dividends should have gotten an e-mail dividend notification
http://postimg.org/image/jxyx5f1nd/172505cf/

ASICMINER-PT has not yet received it's dividend burnside is at a meeting
http://postimg.org/image/qzsupgz1f/

You can check the history tab to see if dividends have been released hope that makes more sense
Free

Ah understand it now! Great, thanks for taking the time.

Its price is not a very relevant factor in its adoption....
freedomno1
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June 19, 2013, 09:05:25 PM
 #7860

This is my first week with shares. I guess i'm overlooking something but shouldn't my dividend show up under "My Dividends" on btct.co?
It still shows as 0. Am i supposed to do something?

Burnside hasn't released it yet
TAT's already did
You can check in the history tab

Thanks for the answer although i'm not sure what you mean with it.
Anyway, i simply have to wait?
Sorry, just came online, figured it was paid out by now.

Reserved post give me a sec I'll screenshot of what I mean

You can check in the history tab if it's already completed the dividend has been paid out
TAT.ASICminer has paid the dividends should have gotten an e-mail dividend notification
http://postimg.org/image/jxyx5f1nd/172505cf/

ASICMINER-PT has not yet received it's dividend burnside is at a meeting
http://postimg.org/image/qzsupgz1f/

You can check the history tab to see if dividends have been released hope that makes more sense
Free

Ah understand it now! Great, thanks for taking the time.

No problem  Wink
Back to random ASIC conversations

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