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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916310 times)
FNG
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June 26, 2013, 11:08:23 AM
 #8461

Disclaimer added will just put this here for now
http://imgur.com/0l7ha9G

Of course now the ad doesn't really make sense, but whatever.
Exactly what I was thinking.

Mutual funds, etc advertise all the time. I don't see a problem with it.

This ad has completely sidetracked the discussion. if the discussion continues can someone create a new thread for it.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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aahzmundus
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June 26, 2013, 11:28:36 AM
 #8462

This ad has completely sidetracked the discussion. if the discussion continues can someone create a new thread for it.

Ok... so all you people that CONSTANTLY want to fork the discussion.. What do you expect this thread to be?  It seems like people JUST want news from friedcat and nothing else.  If that is what you want: https://bitcointalk.org/index.php?action=profile;u=49840;sa=showPosts

OTHERWISE to me this thread is all encompassing talk about things related to ASICMINER.  Sure it would be nice to have separate threads for everything... but without a subforum those threads just get lost.  Till such time as we get a subforum... or an official forum... or something else this will remain the situation.  You are not going to convince people, well at least me, to split up into multiple threads when those threads are scattered over several different forums on bitcointalk.

To the topic at hand WOOT DIVIDEND DAY! Now I can pay my rent!

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June 26, 2013, 11:32:20 AM
 #8463

This ad has completely sidetracked the discussion. if the discussion continues can someone create a new thread for it.

Ok... so all you people that CONSTANTLY want to fork the discussion.. What do you expect this thread to be?  It seems like people JUST want news from friedcat and nothing else.  If that is what you want: https://bitcointalk.org/index.php?action=profile;u=49840;sa=showPosts

OTHERWISE to me this thread is all encompassing talk about things related to ASICMINER.  Sure it would be nice to have separate threads for everything... but without a subforum those threads just get lost.  Till such time as we get a subforum... or an official forum... or something else this will remain the situation.  You are not going to convince people, well at least me, to split up into multiple threads when those threads are scattered over several different forums on bitcointalk.

To the topic at hand WOOT DIVIDEND DAY! Now I can pay my rent!

I agree and WOOT dividend day
https://bitcointalk.org/index.php?topic=220837.msg2353561#msg2353561
This thread works as well

Believing in Bitcoins and it's ability to change the world
matt_boyd
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June 26, 2013, 11:56:39 AM
 #8464

Any speculations as to what the price will be of the dividends?
ThickAsThieves
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June 26, 2013, 11:58:59 AM
 #8465

Any speculations as to what the price will be of the dividends?

About 3.4ish currently.
Mausini
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June 26, 2013, 12:13:31 PM
 #8466

Any speculations as to what the price will be of the dividends?

About 3.4ish currently.

haha
SmiGueL
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June 26, 2013, 12:29:14 PM
Last edit: June 26, 2013, 12:44:30 PM by SmiGueL
 #8467

Any speculations as to what the price will be of the dividends?

About 3.4ish currently.

Don't think friedcat has 1.34M bitcoins laying around Tongue

My guess is around ~0.015 without HW sales.
Not record-breaking, but knowing what to come (announcement new Blades, new USB sticks, almost 200TH/s ready from fab I really don't care a lot Tongue)

Looking forward to the next weeks! Cheesy

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
VeeMiner
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June 26, 2013, 12:32:42 PM
 #8468

Any speculations as to what the price will be of the dividends?

About 3.4ish currently.

Don't think friedcat has 1.34M bitcoins laying around Tongue

My guess is around ~0.015 without HW sales.
Not record-breaking, but knowing what to come (announcement new Blades, new USB sticks, 200TH/s ready from fab I really don't care a lot Tongue)

Looking forward to the next weeks! Cheesy

I'm with you on that one, good times are ahead!
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June 26, 2013, 12:38:30 PM
 #8469

Disclaimer added will just put this here for now
http://imgur.com/0l7ha9G

Did you create that image? The ASICMINER logo would look great on a t-shirt...

No longer buying/selling Casascius coins. Beware scammers.
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June 26, 2013, 12:38:41 PM
 #8470

Is this weeks mining dividend still right around what the last few have been even with the low hash rate over the last couple days?

Can someone tell me what the last 4-5 weeks dividends were for mining alone?

Thanks!!

http://runeks.dk/bitcoin/ 2nd graph

it doesnt seem up to date for this week since it is showing just over .012 but it should make it halfway up to the .016 line. THank you very much for the graph but do you also know how often it is updated?

Much appreciated.
Hi

I'm the author of that site.

1. This is just for solo mining (so the first weeks on this graph doesn't reflect everything mined, because they were still pool mining at the time). Now it reflects it accurately, because they are no longer pool mining.

2. It is up-to-date for this week. It is updated every time a new ASICMiner block is announced to the network.
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June 26, 2013, 12:55:47 PM
 #8471

Any speculations as to what the price will be of the dividends?

About 3.4ish currently.

Don't think friedcat has 1.34M bitcoins laying around Tongue

My guess is around ~0.015 without HW sales.
Not record-breaking, but knowing what to come (announcement new Blades, new USB sticks, almost 200TH/s ready from fab I really don't care a lot Tongue)

Looking forward to the next weeks! Cheesy

0.015 sounds about right this week . Next weeks dividend should be interesting with hardware sales starting up again!


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June 26, 2013, 12:57:00 PM
 #8472

is there a large auction happening? was wondering why the price was hovering
ThickAsThieves
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June 26, 2013, 01:03:07 PM
 #8473

is there a large auction happening? was wondering why the price was hovering

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!
finlof
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June 26, 2013, 01:05:00 PM
 #8474

is there a large auction happening? was wondering why the price was hovering

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!
+1
nubbins
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June 26, 2013, 01:12:58 PM
 #8475

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

2BTC in less than two months Smiley

I, for one, welcomed the BTC3.4 wall, as I was starting to get uncomfortable with the % of my portfolio invested in AM.

No longer buying/selling Casascius coins. Beware scammers.
My OTC Web of Trust ratings / What's a PGP chain of custody?
Rival
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June 26, 2013, 01:20:13 PM
 #8476

My only real concern about the rising price is that it becomes a barrier to accumulating more shares. I am only really in it for the dividend income. Higher prices for shares translates into lower yields for additional share purchases.

I guess that is the different viewpoint of a long-term investor.
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June 26, 2013, 01:21:01 PM
 #8477

is there a large auction happening? was wondering why the price was hovering

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

As in, we shouldn't be watching the mining wallet and hash rate nonstop?!?!

This is making too much sense...
canth
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June 26, 2013, 01:39:45 PM
 #8478

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

2BTC in less than two months Smiley

I, for one, welcomed the BTC3.4 wall, as I was starting to get uncomfortable with the % of my portfolio invested in AM.

+1 to both of the above. If it keeps rising 1BTC every month for the next few months, then large shareholders will be practically forced to sell significant portions. They'd be crazy not to with a bubble like that, no matter what the future may hold for AM. Steady reasonable growth based upon mining results and hardware sales are what I'd like to see, personally.

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June 26, 2013, 01:41:24 PM
 #8479

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

Here are the results so far (183 votes):

1) What are the plans regarding the Official ASICMINER Exchange? Have they been dropped? - 2.9
2) Does ASICMINER/Bitfountain intend to create and official website and/or blog outside of the bitcointalk forums? - 3.02
3) Do you have plans for a retail website? - 3.3
4) Does ASICMINER have plans to develop a marketing campaign to extend beyond word of mouth and business on the bitcointalk.org? - 2.94
5) Earlier this year, you committed to a minimum of 10% of the network hashing being represented by ASICMINER, can you update us to the current goals for network % and for total hashpower in 2013 and beyond? - 4.1
6) When can we expect the first financial report? - 3.65
7) Originally, board members were going to receive a test unit of an ASIC mining device. Will you provide this or any other tangible items to board members in the future? - 1.98
8 ) Could we have an official live hashrate meter from ASICMINER? - 3.12
9) For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales? - 2.98
10) Besides mining, hardware sales, and fees, are there any other potential sources of revenue? - 3.9


Please note: Voting has NOT closed! You can (and should) still vote!
empoweoqwj
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June 26, 2013, 01:57:22 PM
 #8480

Guys, we need to ground ourselves.

You do not want the price just going up constantly. No matter how good it feels to just watch your investment inflate, every bubble pops in the end.

The stock has risen 1BTC in like 2 weeks, be happy!

Start thinking of ways to protect your investment, diversify, etc. Or hell, (no offense intended), do something productive yourself!

2BTC in less than two months Smiley

I, for one, welcomed the BTC3.4 wall, as I was starting to get uncomfortable with the % of my portfolio invested in AM.

+1 to both of the above. If it keeps rising 1BTC every month for the next few months, then large shareholders will be practically forced to sell significant portions. They'd be crazy not to with a bubble like that, no matter what the future may hold for AM. Steady reasonable growth based upon mining results and hardware sales are what I'd like to see, personally.

And being "forced to sell" and taking a huge profit is a problem in what respect?

Nobody ever went bust taking a huge profit.
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