ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Pale Phoenix]

Both Avalon and BFL have shipped or brought online more hashing power and every ASIC developer apart from Avalon are using more efficient ASICs than AM.

So AM, have likely sold no more than 20 Th/s worth of hashing power to date. Asicminercharts points to AM's hashrate averaging about that 40 Th/s, giving AM a total of about 60 Th/s brought online.

Avalon batch 1 was 300 units, batch 2 and 3 were 600 units. They're currently shipping batch 3, which means they've shipped about 900 units. At 63 Gh/s per unit, that's 56.7 Th/s.

If AM and Avalon have brought online about 60 Th/s each, then where is the other 195 Th/s coming from? BFL is the only other company shipping units. 100TH is bringing units online but it's only at a few Gh/s at the moment.

In other words, even if we stipulate that all of your assumptions are correct, Avalon has not brought online more hashing power than AM as you initially said (56.7 vs. 60). Not to mention that you counted all Avalon batch 3's, which is generous, considering a great many units have not shipped at all.

Then, after that little tap dance, you are seriously, with a straight face and no fingers crossed, insisting that the rest of the entire network hash rate must be coming from BFL machines. It just must be! Who else is there? It would be funny if there weren't so many actual human beings damaged by BFL's incompetence.

You certainly are a rising star in market analysis.

[bcp19]

Both Avalon and BFL have shipped or brought online more hashing power and every ASIC developer apart from Avalon are using more efficient ASICs than AM.

So AM, have likely sold no more than 20 Th/s worth of hashing power to date. Asicminercharts points to AM's hashrate averaging about that 40 Th/s, giving AM a total of about 60 Th/s brought online.

Avalon batch 1 was 300 units, batch 2 and 3 were 600 units. They're currently shipping batch 3, which means they've shipped about 900 units. At 63 Gh/s per unit, that's 56.7 Th/s.

If AM and Avalon have brought online about 60 Th/s each, then where is the other 195 Th/s coming from? BFL is the only other company shipping units. 100TH is bringing units online but it's only at a few Gh/s at the moment.

In other words, even if we stipulate that all of your assumptions are correct, Avalon has not brought online more hashing power than AM as you initially said (56.7 vs. 60). Not to mention that you counted all Avalon batch 3's, which is generous, considering a great many units have not shipped at all.

Then, after that little tap dance, you are seriously, with a straight face and no fingers crossed, insisting that the rest of the entire network hash rate must be coming from BFL machines. It just must be! Who else is there? It would be funny if there weren't so many actual human beings damaged by BFL's incompetence.

You certainly are a rising star in market analysis.

Count again, he didn't include ANY of batch 3:

300 from batch 1, 600 from batch 2, 600 from batch 3, equal 1500, he said only 900. 

[Mabsark]

Both Avalon and BFL have shipped or brought online more hashing power and every ASIC developer apart from Avalon are using more efficient ASICs than AM.

So AM, have likely sold no more than 20 Th/s worth of hashing power to date. Asicminercharts points to AM's hashrate averaging about that 40 Th/s, giving AM a total of about 60 Th/s brought online.

Avalon batch 1 was 300 units, batch 2 and 3 were 600 units. They're currently shipping batch 3, which means they've shipped about 900 units. At 63 Gh/s per unit, that's 56.7 Th/s.

If AM and Avalon have brought online about 60 Th/s each, then where is the other 195 Th/s coming from? BFL is the only other company shipping units. 100TH is bringing units online but it's only at a few Gh/s at the moment.

In other words, even if we stipulate that all of your assumptions are correct, Avalon has not brought online more hashing power than AM as you initially said (56.7 vs. 60). Not to mention that you counted all Avalon batch 3's, which is generous, considering a great many units have not shipped at all.

Then, after that little tap dance, you are seriously, with a straight face and no fingers crossed, insisting that the rest of the entire network hash rate must be coming from BFL machines. It just must be! Who else is there? It would be funny if there weren't so many actual human beings damaged by BFL's incompetence.

You certainly are a rising star in market analysis.

Actually, the Avalon numbers don't include any 3rd batch shipments at all. By assuming 3rd batch shipments had all been delivered, Avalon will have shipped at least 100 Th/s.

BFL might be extremely late in shipping and have lots of back orders, but they are capable of shipping huge amounts of hashing power in the form of Mini Rigs. 1 Mini Rig is equivalent to about 1500 USB BEs or 50 Blades.

The extra hashing power has to be accounted for. If Avalon batch 3 had all shipped, that would account for 30-40 Th/s. We could say AM is responsible for another 10-20 Th/s due to the data being a few days old and maybe attribute 30 Th/s to variance. That would still leave about 100 Th/s unaccounted for and the obvious and logical conclusion is that the majority of that hashing power must be down to BFL or there are players in the game we know nothing about.

[binaryFate]

Will blades go on sale next week?

+1

ETA anyone?

[Franktank]

Will blades go on sale next week?

+1

ETA anyone?

Soon^TM

[Mausini]

Both Avalon and BFL have shipped or brought online more hashing power and every ASIC developer apart from Avalon are using more efficient ASICs than AM.

So AM, have likely sold no more than 20 Th/s worth of hashing power to date. Asicminercharts points to AM's hashrate averaging about that 40 Th/s, giving AM a total of about 60 Th/s brought online.

Avalon batch 1 was 300 units, batch 2 and 3 were 600 units. They're currently shipping batch 3, which means they've shipped about 900 units. At 63 Gh/s per unit, that's 56.7 Th/s.

If AM and Avalon have brought online about 60 Th/s each, then where is the other 195 Th/s coming from? BFL is the only other company shipping units. 100TH is bringing units online but it's only at a few Gh/s at the moment.

In other words, even if we stipulate that all of your assumptions are correct, Avalon has not brought online more hashing power than AM as you initially said (56.7 vs. 60). Not to mention that you counted all Avalon batch 3's, which is generous, considering a great many units have not shipped at all.

Then, after that little tap dance, you are seriously, with a straight face and no fingers crossed, insisting that the rest of the entire network hash rate must be coming from BFL machines. It just must be! Who else is there? It would be funny if there weren't so many actual human beings damaged by BFL's incompetence.

You certainly are a rising star in market analysis.

Actually, the Avalon numbers don't include any 3rd batch shipments at all. By assuming 3rd batch shipments had all been delivered, Avalon will have shipped at least 100 Th/s.

BFL might be extremely late in shipping and have lots of back orders, but they are capable of shipping huge amounts of hashing power in the form of Mini Rigs. 1 Mini Rig is equivalent to about 1500 USB BEs or 50 Blades.

The extra hashing power has to be accounted for. If Avalon batch 3 had all shipped, that would account for 30-40 Th/s. We could say AM is responsible for another 10-20 Th/s due to the data being a few days old and maybe attribute 30 Th/s to variance. That would still leave about 100 Th/s unaccounted for and the obvious and logical conclusion is that the majority of that hashing power must be down to BFL or there are players in the game we know nothing about.

bla bli blu... asicminer constantly holds more than 20% of the network. go analyze, rising star!

[twmz]

bla bli blu... asicminer constantly holds more than 20% of the network. go analyze, rising star!

No it doesn't:

http://blockorigin.pfoe.be/top.php


Edit: nevermind that link, as it is wrong.

[SmiGueL]

bla bli blu... asicminer constantly holds more than 20% of the network. go analyze, rising star!

No it doesn't:

http://blockorigin.pfoe.be/top.php

That website fails pretty hard at showing blocks mined by ASICMINER..

I've tried that souce before, it just lists some a lot of  ASICMINER blocks as Unknown...
And that's going on for months now..


Example:
Just check the mined blocks from ASICMINER at blockchain.info below the 248810th block here:
https://blockchain.info/blocks/ASICMiner
In the list at blockorigin.pfoe.be almost ALL those blocks are shown as 'Unknown'
http://blockorigin.pfoe.be/blocklist.php

[neilol]

Do we see any of the Chinese distributors actually shipping blades yet? Seems like people are leaving ASIC to buy into the AMC rage thats going on. Could pick up some shares on the cheap. Likely to see a few weeks of huge divs.

[yuchuanzhen]

Do we see any of the Chinese distributors actually shipping blades yet? Seems like people are leaving ASIC to buy into the AMC rage thats going on. Could pick up some shares on the cheap. Likely to see a few weeks of huge divs.

Not yet.

[BlackLilac Jordan]

Do we see any of the Chinese distributors actually shipping blades yet? Seems like people are leaving ASIC to buy into the AMC rage thats going on. Could pick up some shares on the cheap. Likely to see a few weeks of huge divs.

No, the Chinese distributors do not have the new blades yet, they are just pre-selling them.

[velacreations]

Do we see any of the Chinese distributors actually shipping blades yet? Seems like people are leaving ASIC to buy into the AMC rage thats going on. Could pick up some shares on the cheap. Likely to see a few weeks of huge divs.

here comes the friedcat bounce...

[freedomno1]

Do we see any of the Chinese distributors actually shipping blades yet? Seems like people are leaving ASIC to buy into the AMC rage thats going on. Could pick up some shares on the cheap. Likely to see a few weeks of huge divs.

here comes the friedcat bounce...

Well it will be interesting if their EASIC contract appears and exists then they get a promotion from their current status to speculative investment grade although I don't think the price will be linear he-he makes for fun speculation on an otherwise peaceful after Friedcat ANN week

[Jutarul]

...
If AM and Avalon have brought online about 60 Th/s each, then where is the other 195 Th/s coming from?

...
You certainly are a rising star in market analysis.

Actually,...Avalon will have shipped at least 100 Th/s.

BFL might be extremely late in shipping and have lots of back orders, but they are capable of shipping huge amounts of hashing power .. the obvious and logical conclusion is that the majority of that hashing power must be down to BFL or there are players in the game we know nothing about.

I'd like to remind everyone that ASICMINER is the only operation (first movers) who "openly" admitted that they intent to use the hardware for self mining. This is one of the reasons why I started trusting them in the first place (!), because it's the natural outcome of a greedy environment. We don't have any data on what hidden orders or mining operations are fed by Avalon or BFL. I don't want to speculate here, but the picture which I would paint would not look nice.

[canth]

I'd like to remind everyone that ASICMINER is the only operation (first movers) who "openly" admitted that they intent to use the hardware for self mining. This is one of the reasons why I started trusting them in the first place (!), because it's the natural outcome of a greedy environment. We don't have any data on what hidden orders or mining operations are fed by Avalon or BFL. I don't want to speculate here, but the picture which I would paint would not look nice.

Indeed, KnC has admitted that they will use (purchase) their own miners for personal mining use. They have not disclosed how many will be sold to employees/owners, nor what their hashrate intentions are so it makes for a somewhat competitive nature. I don't hold it against them and they have been honest about it, but I prefer the AM model where investors have the option of sharing in the profits or buying the hardware or both.

[gramma]

Interesting thread on OCing our little USBs:

https://bitcointalk.org/index.php?topic=241652.100

[corbs132]

I purchased 100 USB Block Erupters, what are the chances I can get in on the new prices? I've been trying to get a hold of friedcat for weeks.

[runeks]

I wonder if the Intel CPU SHA extensions will have any effect on ASIC mining ?

On chip SHA2 extensions in the Intel CPU : http://software.intel.com/en-us/articles/intel-sha-extensions

Could be big news

I feel fairly confident saying that this will have no effect whatsoever on ASIC mining. The only purpose of these extensions is to reduce power consumption from SHA-2 hashing. That's it. There is no need - from Intel's perspective - to increase the speed of hashing in any way. The only operation that needs SHA-256 hashing faster than 10 MH/s (~5 Gbit/s) is Bitcoin mining, and Intel is not adding this extension for Bitcoin miners.

In any case, if these CPUs really were able to mine Bitcoins, buying a $500 computer (which fits one or, if you get a special motherboard, two CPUs) is like buying a house because it has the same doors as those in your own house, which need replacement. Or buying a new car with a tank full of gas because your own car is low on gas.

Nothing will ever beat dedicated ASICs.

[TheFuneral]

I purchased 100 USB Block Erupters, what are the chances I can get in on the new prices? I've been trying to get a hold of friedcat for weeks.

what price did you pay for the 100 USBs ?

[VolanicEruptor]

I purchased 100 USB Block Erupters, what are the chances I can get in on the new prices? I've been trying to get a hold of friedcat for weeks.

You gotta be quick in this game, son.. prices drop FAST