ASICMINER: Entering the Future of ASIC Mining by Inventing It

[jarhed]

OFFICIAL UPDATE

It is not as simple as it might seem. The problem comes from peering and poor bandwidth/internet connectivity in China and software optimizations used to deal with the situation. Companies like Amazon(.cn) also suffer from these problems in China. It isn't necessarily a problem caused by the Great Firewall itself.

You're either TPE or not. Simple.

[boyohi]

Quote of the week...

Beware the mirage of ASICMINER clones, and hold tight to your shares ActiveMiners.

Edit: and right on cue, their false prophet is now addressed as...

A renaissance man like FriedKen

AntiCat worshipers!

The day bitcoin ASIC companies become a religion.

[freedomno1]

OFFICIAL UPDATE

The topic of the orphaned blocks and low tx fees in AM blocks was recently addressed by the board.

Friedcat is aware of the problem and Bitfountain is working to solve it. In the meantime, it is a negligible but necessary loss.

It is not as simple as it might seem. The problem comes from peering and poor bandwidth/internet connectivity in China and software optimizations used to deal with the situation. Companies like Amazon(.cn) also suffer from these problems in China. It isn't necessarily a problem caused by the Great Firewall itself.

Thank you,

~TAT

Thanks for asking that I have been curious about it

[gog1]

far more interested in info new blades and hardware franchising than on orphan blocks / lack of transactions.

[arklan]

regarding the USB miners and their price drop, previous buyers of mine can order at .175 per unit. more info here:

https://bitcointalk.org/index.php?topic=195052

[SmiGueL]

Nice!

[JimiQ84]

Nice!

also the Last 6 and Last 12 hours charts are nice :-) (around 80 TH/s)

[SmiGueL]

also the Last 6 and Last 12 hours charts are nice :-) (around 80 TH/s)

That's because last 6h and 12h hours charts are based on the same data as the dotted line..  

_{*I hope you know the 6h or 12h average doesn't have to be (and probably isn't) the ACTUAL hashrate,
but the calculated hashrate based on the blocks found in that particular timeframe.}

[eltopo]

Shareholder list update:

https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c

[JimiQ84]

also the Last 6 and Last 12 hours charts are nice :-) (around 80 TH/s)

That's because last 6h and 12h hours charts are based on the same data as the dotted line..  

_{*I hope you know the 6h or 12h average doesn't have to be (and probably isn't) the ACTUAL hashrate,
but the calculated hashrate based on the blocks found in that particular timeframe.}

Yes, I know, it is just dumb luck, but still... 

[TsuyokuNaritai]

Are new blades shipping now or does this mean something else?

http://ttbit.sinaapp.com/t/62

最新消息：由于某种未知原因，本来应该昨天发货的刀片，今天才能发过来，刚刚收到的消息。快则明天，慢则后天到达淘比特。
By rockxie at 3小时前 • 51次点击

终于有希望了，感谢rockxie，您辛苦了！
alesan at 2.7小时前

那就是星期一才能开始发货了，只能无语！
aiobox at 2.7小时前

@aiobox 顺利的话明天发，如果顺丰耽搁一天，就是后天（周日）发。
rockxie at 2.5小时前

Latest news: For some unknown reason, the blade should have been shipped yesterday, today, to send over, just received the news. Fast is tomorrow, then the day after tomorrow to reach Amoy bit slower.
By rockxie at 3 hours ago • 51 views

Finally there is hope, thanks rockxie, your hard work!
alesan at 2.7 hours ago

That is to begin shipping on Monday, only silent!
aiobox at 2.7 hours ago

@ aiobox goes well tomorrow, hair, if SF delayed one day, that is, the day after tomorrow (Sunday) hair.
rockxie at 2.5 hours ago

[culexevilman]

waiting for the blades to show up

[JimiQ84]

Now the 36h - 6h chart is just giving us the finger

[SmiGueL]

Now the 36h - 6h chart is just giving us the finger

I was just working on the sheet. It is fixed now.

[gog1]

Are new blades shipping now or does this mean something else?

http://ttbit.sinaapp.com/t/62

最新消息:由于某种未知原因,本来应该昨天发货的刀片,今天才能发过来,刚刚收到的消息。快则明天,慢则后天到达淘比特。
By rockxie at 3小时前 • 51次点击

终于有希望了,感谢rockxie,您辛苦了!
alesan at 2.7小时前

那就是星期一才能开始发货了,只能无语!
aiobox at 2.7小时前

@aiobox 顺利的话明天发,如果顺丰耽搁一天,就是后天(周日)发。
rockxie at 2.5小时前

Latest news: For some unknown reason, the blade should have been shipped yesterday, today, to send over, just received the news. Fast is tomorrow, then the day after tomorrow to reach Amoy bit slower.
By rockxie at 3 hours ago • 51 views

Finally there is hope, thanks rockxie, your hard work!
alesan at 2.7 hours ago

That is to begin shipping on Monday, only silent!
aiobox at 2.7 hours ago

@ aiobox goes well tomorrow, hair, if SF delayed one day, that is, the day after tomorrow (Sunday) hair.
rockxie at 2.5 hours ago

Those are the pre-order.  they are being filled with old blades base on posts on Chinese sites.

[btcbot]

Shareholder list update:

https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c

Ugh... that explains why I got the wrong amount of dividends after the direct transfer. I've written both Friedcat and Burnside... 

Anything else I should do?   

[SmiGueL]

OFFICIAL UPDATE

The topic of the orphaned blocks and low tx fees in AM blocks was recently addressed by the board.

Friedcat is aware of the problem and Bitfountain is working to solve it. In the meantime, it is a negligible but necessary loss.

I've made some charts just to check if something happened to the fees after this week's missing ASICMINER tag in the blocks.

Fees of the mined blocks since the 1st of July by ASICMINER:


Average fees of the 10 previous mined blocks by ASICMINER:


Average fees of the 50 previous mined blocks by ASICMINER:


The next one is pretty interesting.
When using a log scale it's clearly visible that the lower right part of the chart has no dots!  


I think it's WAY to early to come to a conclusion, but because the charts will update itself I thought I'd share it and we'll see soon.


However, even if this takes months to fix, keep in mind that the missed fees are so low in comparison to whole blocks (1% ?)
that even adding 400GH/s is more effective than spend days and days to figure out how the fees can be increased.

[michaelGedi]

for some reason I sold all my shares at 3.8x, I had just returned from holiday and didn't know what was going on I guess... hashrate down, blabla...


Buy back now? I have made a large profit so far, but was happy until yesterday to leave my BTC in AM.


I will have lost one whole share if I do, but at least I'm still with AM (who I had planned to stick with for at least 6 months... that's 4 months to go...)

[canth]

for some reason I sold all my shares at 3.8x, I had just returned from holiday and didn't know what was going on I guess... hashrate down, blabla...


Buy back now? I have made a large profit so far, but was happy until yesterday to leave my BTC in AM.


I will have lost one whole share if I do, but at least I'm still with AM (who I had planned to stick with for at least 6 months... that's 4 months to go...)

My advice? If I were throwing BTC at mining stocks, I'd spread it around with AM, AMC, LabCoin, BTCGarden etc. AM is proven and therefore less risky, but also has less growth potential, given the current price. I'm a huge AM fan and I hope to stay an investors for years to come, but putting all your fried feline eggs in one basket still isn't wise - diversify!

[michaelGedi]

for some reason I sold all my shares at 3.8x, I had just returned from holiday and didn't know what was going on I guess... hashrate down, blabla...


Buy back now? I have made a large profit so far, but was happy until yesterday to leave my BTC in AM.


I will have lost one whole share if I do, but at least I'm still with AM (who I had planned to stick with for at least 6 months... that's 4 months to go...)

My advice? If I were throwing BTC at mining stocks, I'd spread it around with AM, AMC, LabCoin, BTCGarden etc. AM is proven and therefore less risky, but also has less growth potential, given the current price. I'm a huge AM fan and I hope to stay an investors for years to come, but putting all your fried feline eggs in one basket still isn't wise - diversify!

ok thanks, I'm a very uneducated irrational speculator so this helps.

I'll have to do my homework on the other stocks. Though part of me is inclined to just cold storage these coins now and sit on them for a bit... BTC/USD price is displaying interesting behaviour atm