ASICMINER: Entering the Future of ASIC Mining by Inventing It

[TECHICENINE]

So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"

who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

[binaryFate]

if you click on the ignore button under TECHICENINE's username, it reveals the AM website.

You made my day! A whole new (clean) world is unfolding in front of me!  

wait til you see what happens when you ignore MPOE-PR...

Ahahah! I would be too scared to just think about it


Back to topic.
I'd like to know what you guys think about the next specs. KnC aims at going straight to very high-technology chips (28nm), way ahead of existing ones at the moment. (Please don't start saying it's not sure they will do, that's not the point here, I wrote "aims at").
If Friedcat announces soon the specs of gen 2, and they are below this.
 

• Would it be a serious concern? For which reason, immediate damages to "reputation of leader"? Longer term concerns?
• Would it be fine because on the other hand it is cheaper to produce and has some advantages, and we can wait for gen3 (4?...) to get closer to state-of-the-art chips? (you know, like the CPU you're using to read this, what we're heading to anyway on the long term)

In short, I believe the ASIC market now is still a proto-market, sooner or later it will be way more competitive, do you think AM to remain the leader needs to be on the technological edge at any moment or not necessary?

[freedomno1]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Voted thanks for doing this looking forward to some good replies  

[notme]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thanks for ignoring me, I was the first response after you asked for questions:

I nominate a query about mining a small amount on p2pool in order to keep it finding at least a block a day.  In fact, with p2pool, if they are able to mine more efficiently than the average, they can potentially earn more than solo mining.

P2pool currently has a 30.2 hour average block time.  Helping keep p2pool alive is beneficial to the community and if the operators can achieve lower latency than the average the payout should beat solo mining[1].

1. http://p2pool.me/payment-system/

[mrtg]

I'd like to know what you guys think about the next specs. KnC aims at going straight to very high-technology chips (28nm), way ahead of existing ones (...)

There already exist companies working with chips on "better" technology at this exact moment -- Avalon (110nm) and BFL (65nm). So far they have been more an example of how not to approach this business rather than a threat. In the short term, it seems it's quite obviously a case of "size doesn't matter, but what you do with it": proper management, execution and customer service weigh a lot more towards success compared to the technology of the chips.

In the long term, there will come a point when the utter gains in efficiency of better chips will make up for the incompetence of all these competitors -- and it is quite possible that a new and so far unproven company comes up with both the tech and the execution to "take the crown"; it's happened before in very competitive fields. At that point, ASICMiner should be ready with an answer -- but rushing towards the latest and greatest in process nodes might not be that answer. Keep in mind that the more recent/small a process node is, the more difficult and expensive it becomes to work with. The tools are more expensive, the companies providing wafers are fewer, chips take longer to design and any mistakes cost more in both time and money. Personally I believe keeping at least one or two generations "behind" the latest would yield a the optimal balance of cost vs. performance and power consumption, but of course that's something for ASICMiner to evaluate themselves.

[pirateat4O]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thank you!  I know the community appreciates it and I bet it saves friedcat a lot of time.

Seconded

[novusordo]

Seconded

Did a double-take when I saw your avatar/username, very funny.

[ThickAsThieves]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thanks for ignoring me, I was the first response after you asked for questions:

I nominate a query about mining a small amount on p2pool in order to keep it finding at least a block a day.  In fact, with p2pool, if they are able to mine more efficiently than the average, they can potentially earn more than solo mining.

P2pool currently has a 30.2 hour average block time.  Helping keep p2pool alive is beneficial to the community and if the operators can achieve lower latency than the average the payout should beat solo mining[1].

1. http://p2pool.me/payment-system/

Because the answer is almost certainly that AM would not do this. They intentionally stopped using pools.

[TECHICENINE]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thanks for ignoring me, I was the first response after you asked for questions:

I nominate a query about mining a small amount on p2pool in order to keep it finding at least a block a day.  In fact, with p2pool, if they are able to mine more efficiently than the average, they can potentially earn more than solo mining.

P2pool currently has a 30.2 hour average block time.  Helping keep p2pool alive is beneficial to the community and if the operators can achieve lower latency than the average the payout should beat solo mining[1].

1. http://p2pool.me/payment-system/

Because the answer is almost certainly that AM would not do this. They intentionally stopped using pools.

so why so they still have their old pool linked to their charts?..thanks

[freedomno1]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thank you!  I know the community appreciates it and I bet it saves friedcat a lot of time.

Seconded

Hmm Pirate?? (Wonders if abra targeted the right pirate lol)

[SmiGueL]

Hmm Pirate?? (Wonders if abra targeted the right pirate lol)

Registered a few weeks ago _{(Pirate with o instead of a zero)}


Hashrate seems pretty stable again (after the drop this morning.)

[finlof]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

thx guys

[Diamondstarfall]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thank you!  I know the community appreciates it and I bet it saves friedcat a lot of time.

Seconded

Just casted my votes. Thanks.

[thecodyshow]

Reminder / Update

ThickAsThieves, VJain, Franktank and myself have put together the next round of questions for the community to vote on.

Once we have a consensus of the top three questions, ThickAsThieves will submit them to Friedcat.

The last round was a big success, so we will continue doing this for the foreseeable future.

The questions are available for voting here:

https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform

If there is a question that is not listed, please let us know and we will discuss adding it.

Thank you!  I know the community appreciates it and I bet it saves friedcat a lot of time.

Seconded

Just casted my votes. Thanks.

THe questions are all so good that he should just answer them all. If he receives this entire set of questions it would most likely only take him 10 minutes to reply to all of them.

[canth]

So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"

who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

[TECHICENINE]

Hmm Pirate?? (Wonders if abra targeted the right pirate lol)

Registered a few weeks ago _{(Pirate with o instead of a zero)}


Hashrate seems pretty stable again (after the drop this morning.)

https://docs.google.com/spreadsheet/oimg?key=0AkPdXsQFT-vIdGg0bC1sQmNFSWxVRU5sYmNWSDhXcFE&oid=15&zx=edyv99jfntu6

we like these "realtime" type updates keep it rolling..thanks

[TECHICENINE]

So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"

who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

frontload ASICMINER looks like a monster play building up here, Jerry from mars deserves props for this!..thanks team

[rdponticelli]

So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"

who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

And my second.

Keep up the good work, TECHICENINE!

[TECHICENINE]

So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"

who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

And my second.

Keep up the good work, TECHICENINE!

thank Jerry Marzzz he is our leader imo..thanks

[Vycid]

Hey all,

Since the price is up so much recently, the implied volatility is clearly higher. Seeing this, I've decided to increase my previous offer for put options to the following:

Strike: 2.3 BTC
Exp: ~90 days
Premium: 0.2 BTC

(I am buying puts)

BTCT please. If you decide to list, make sure to send me a PM.

Cheers,

Vycid