keystroke
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July 31, 2013, 01:54:56 AM |
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Good think these questions are coming up as less orphaned blocks and greater # of transactions per block is good for both ASICMINER and the network. Let's ask friedcat about this during the next update.
Would it not be possible to connect the ASICMINER farm via VPN to several points to increase the number of fast peers? I imagine they are doing something like this already, so why the poor connection?
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"The difference between a castle and a prison is only a question of who holds the keys."
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eb3full
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Activity: 198
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July 31, 2013, 05:46:26 AM |
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Definitely need to hear from friedcat about the transaction count/orphan rate of our solo mining.
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canth
Legendary
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Activity: 1442
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July 31, 2013, 06:10:53 AM |
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Definitely need to hear from friedcat about the transaction count/orphan rate of our solo mining.
+1. I know that networking from within China to other countries can be problematic, but it's surprisingly to see the low transaction count/orphan block happen so consistently. I'd like to hear Friedcat's comments rather than speculate further.
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Endlessa
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July 31, 2013, 07:03:42 AM |
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You will never see twenty percent again with thousands of people deploying asics per month. By the time you recover. I don't care how many peeps you hire it's simply a matter of economy of scale.
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tokeweed
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Life, Love and Laughter...
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July 31, 2013, 07:10:17 AM |
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is this kinda like cloudhashing?
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R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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JimiQ84
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July 31, 2013, 07:11:00 AM |
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You will never see twenty percent again with thousands of people deploying asics per month. By the time you recover. I don't care how many peeps you hire it's simply a matter of economy of scale.
franchising. also elimination of orphans
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jarhed
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July 31, 2013, 08:40:19 AM |
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Now seems AM has a monopoly on Orphaned Blocks.
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Voodah
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July 31, 2013, 08:41:32 AM |
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Now seems AM has a monopoly on Orphaned Blocks.
Indeed.
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VeeMiner
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July 31, 2013, 09:23:52 AM |
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Now seems AM has a monopoly on Orphaned Blocks.
Indeed. there definitely seems to be some problem with the datacenter, it could hardly be just variance
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murmur
Newbie
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Activity: 38
Merit: 0
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July 31, 2013, 11:32:12 AM |
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have I missed something crucial or why is the AM price imploding on dividend day?
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notme
Legendary
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Activity: 1904
Merit: 1002
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July 31, 2013, 11:32:49 AM |
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have I missed something crucial or why is the AM price imploding on dividend day?
firesale! Edit: Seriously though, the market can only run on hope for so long. ASICMiner needs to deliver on the blades.
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jarhed
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July 31, 2013, 11:40:09 AM |
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have I missed something crucial or why is the AM price imploding on dividend day?
AM have yet to find a valid block. I'm still watching, so far, meh.
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empoweoqwj
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July 31, 2013, 11:42:55 AM |
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have I missed something crucial or why is the AM price imploding on dividend day?
People are s****g themselves because of the current (lack of) hashrate and orphan block issue. Plus news of blade delays etc. It will recover if AM sort themselves out. Otherwise its going lower shorter term because the network hashrate is going up daily.
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bobboooiie
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July 31, 2013, 11:43:50 AM |
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have I missed something crucial or why is the AM price imploding on dividend day?
IMO the labcoin IPO is making few people to liquidate their shares
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fdebuck
Newbie
Offline
Activity: 6
Merit: 0
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July 31, 2013, 12:02:31 PM |
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have I missed something crucial or why is the AM price imploding on dividend day?
Just in time to pick up some cheap shares with my dividends !
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penta
Member
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Activity: 105
Merit: 12
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July 31, 2013, 12:05:01 PM |
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combination of dropping hashrate, blade delays, more competition, shipping avalon units. and new ipos like labcoin and bitgarden etc.
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stripykitteh
Legendary
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Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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July 31, 2013, 12:22:04 PM |
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There hasn't been anywhere else worth investing in for a while either. Friedcat has an excellent track record and I'm sure AM will continue to do well, it's just they've got some actual competition now.
It does seem that the shares are still fairly highly priced; in fact I'm expecting them to fall further. I don't think the company's best days are behind it, but the "taking candy from a baby" days probably are. The company still has its talent intact, and I expect enough cash to fund new product development cycles internally. I don't think Friedcat is surprised that there is now competition nor would he be panicking.
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Franktank
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July 31, 2013, 12:31:39 PM |
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There hasn't been anywhere else worth investing in for a while either. Friedcat has an excellent track record and I'm sure AM will continue to do well, it's just they've got some actual competition now.
It does seem that the shares are still fairly highly priced; in fact I'm expecting them to fall further. I don't think the company's best days are behind it, but the "taking candy from a baby" days probably are. The company still has its talent intact, and I expect enough cash to fund new product development cycles internally. I don't think Friedcat is surprised that there is now competition nor would he be panicking.
There's a reason why he confirmed the "leaked" slides, announcing a second mining site and deploying potential hash rates of 1 PH/s...
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bitfair
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July 31, 2013, 12:50:10 PM |
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As friedcat didn't provide any explanation so far, we definitely need to ask this question "officially" at the next question round (I know it's not offical, but still convey a certain weight). We have been talking about this issue for a while on this thread, and several of us insisted that the main problem is for the reputation of AM. The fear or hate that rise in some people mind simply by AM having 20% of the hash power must not be underestimated, any reason that can rationaly support this unrational feeling must be avoided at all cost. The small number of transaction is such a reason. So now the question went outside this thread, and for me this issue has become therfore the most important concern, more than any delay of blades or whatever short-term stuff. I'm almost certain they could fix the issue in 20 minutes by just editing the config-file of their bitcoin client to connect to a few of the well-known supernodes. That should easily fill the blocks with transactions, and also propagate their blocks quickly so as avoid orphans.
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