ASICMINER: Entering the Future of ASIC Mining by Inventing It

[SOSLOVE868]

IF all checks, and it seems to be pointing that way, Avalon is going to ship batch 2 & 3 without delay between - that's 600 + 600 units entering the market in the not too distant future.
1200 units at 60GH each = 72TH increase in the "soon" future (My take is 45 days.)
Not counting chips.
With 100TH and others joining the fray, get ready for a bumpy ride.

No matter how they changed, things did by Avalon now is long -time before did by Friedcat
FC has most of his devices are not currently in works I guessed may be some issues there.

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[gramma]

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

Really?  I don't see mine...   and yes, I'll take this over to the TAT thread. But posting here in case there might be others.

[gogxmagog]

Is it unreasonable to think that friedcat should address the current hashrate issues? obviously something is up. also...where the hell my dividends!? should have received them hours ago!

[Taxidermista]

My money is on a rolling power outage

What's a "rolling" power outage?

[neilol]

My money is on a rolling power outage

What's a "rolling" power outage?

Intentional, happens more in areas with shoddy power grids, for example parts of China..

From Wikipedia: A rolling blackout, also referred to as load shedding, is an intentionally engineered electrical power shutdown where electricity delivery is stopped for non-overlapping periods of time over different parts of the distribution region. Rolling blackouts are a last-resort measure used by an electric utility company to avoid a total blackout of the power system. They are a type of demand response for a situation where the demand for electricity exceeds the power supply capability of the network. Rolling blackouts may be localized to a specific part of the electricity network or may be more widespread and affect entire countries and continents. Rolling blackouts generally result from two causes: insufficient generation capacity or inadequate transmission infrastructure to deliver sufficient power to the area where it is needed."

[Adrian-x]

My money is on a rolling power outage

What's a "rolling" power outage?

A lack of supply and a high demand for power - state set the price and infrastructure the result is a low incentive to meet demand.
Solution everyone has their power cut for 2 hours during the day (district by district) hence the power outage is plan and rolls around so everyone suffers from the planned economy equally.

[canth]

Hot weather is a good point for decrease of the whole network

Yes!  Because the entire world lies above the equator.

Well, most of the people with electricity, the internet and the purchasing power to buy mining hardware certainly do.

[iCEBREAKER]

UPS and generators should keep us mining through blackouts.  If the net goes down, failover to wireless?

Friendcat may deploy gen 2 at some posh tier 4/5 Colos and we won't have to worry/speculate about hosting issues.

[Pierre]

[VolanicEruptor]

very nice!  so...

http://www.asicminercharts.com/live/

Is that first gauge only reflective of the last 24 hours or what??  It still only shows 20TH/s.

[Eric Muyser]

very nice!  so...

http://www.asicminercharts.com/live/

Is that first gauge only reflective of the last 24 hours or what??  It still only shows 20TH/s.

Yah, why is your graph so different Pierre?

[Pierre]

That's just what it looked like at the time I took the screenshot. No shenanigans I promise!

[VolanicEruptor]

That's just what it looked like at the time I took the screenshot. No shenanigans I promise!

[benm]

I haven't looked into this too closely, but all/most of the recent blocks awarded to ASICMINER have a much lower transaction count than those awarded to other miners/pools. Is that a coincidence, is it a consequence of the hardware design, is it somehow indicative of the recent drop in hashrate?

[bitfair]

I haven't looked into this too closely, but all/most of the recent blocks awarded to ASICMINER have a much lower transaction count than those awarded to other miners/pools. Is that a coincidence, is it a consequence of the hardware design, is it somehow indicative of the recent drop in hashrate?

I noticed too. I just imagined that the node they are running is not terribly well connected...

[ianp]

I haven't looked into this too closely, but all/most of the recent blocks awarded to ASICMINER have a much lower transaction count than those awarded to other miners/pools. Is that a coincidence, is it a consequence of the hardware design, is it somehow indicative of the recent drop in hashrate?

Coincidence. I saw one earlier with 600+ transactions.

Regardless, there is no mechanism in BTC to selectively mine blocks. I.e., you can't mine a 100 transaction block more easily than you can mine a 1,000 transaction block with a given difficulty. This cannot be done by adjusting hashrate either. At a given difficulty, your probability for mining a block is fixed to a certain hashrate over a period of time. A lower hashrate will have a lower probability, and a higher hashrate will have a higher probability.

In short, hashrate and difficulty have nothing to do with the size of the block you mine.

Ian

[bitfair]

I haven't looked into this too closely, but all/most of the recent blocks awarded to ASICMINER have a much lower transaction count than those awarded to other miners/pools. Is that a coincidence, is it a consequence of the hardware design, is it somehow indicative of the recent drop in hashrate?

Coincidence. I saw one earlier with 600+ transactions.

Regardless, there is no mechanism in BTC to selectively mine blocks. I.e., you can't mine a 100 transaction block more easily than you can mine a 1,000 transaction block with a given difficulty. This cannot be done by adjusting hashrate either. At a given difficulty, your probability for mining a block is fixed to a certain hashrate over a period of time. A lower hashrate will have a lower probability, and a higher hashrate will have a higher probability.

In short, hashrate and difficulty have nothing to do with the size of the block you mine.

Ian

Hashrate and difficulty are unrelated to number of transactions, but a poorly connected node may show low number of transactions - which may also be a problem when broadcasting blocks! I.e. if two miners find a block almost at the same time, the well-connected node wins the block because it is broadcast more widely.

Not saying that's the case, but a low transaction number could be a signal of a poorly connected node, which could be a disadvantage in a race.

[Pierre]

Is anyone else seeing this or is it just me?

[empoweoqwj]

Is anyone else seeing this or is it just me?

Yep! Pump it up!!

[nubbins]

No, it's on the way back up.

Any thoughts as to why it started dropping at the moment BTCGuild mining went to zero?