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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916342 times)
Franktank
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August 08, 2013, 03:14:35 AM
 #10841

With all these mining companies coming up, petahashes (PH/s) is now the "norm". Friedcat now has the go ahead to start prepping the exahashes (EH/s), without worry of the upcoming total network hashrate.  Cool
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Reply with quote  #2

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stslimited
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August 08, 2013, 03:21:41 AM
 #10842

With all these mining companies coming up, petahashes (PH/s) is now the "norm". Friedcat now has the go ahead to start prepping the exahashes (EH/s), without worry of the upcoming total network hashrate.  Cool


haha okay, there was only a brief glimpse in history where friedcat ever threatened the bitcoin network security with ASICMiner percentage
freedomno1
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August 08, 2013, 03:24:33 AM
 #10843

With all these mining companies coming up, petahashes (PH/s) is now the "norm". Friedcat now has the go ahead to start prepping the exahashes (EH/s), without worry of the upcoming total network hashrate.  Cool


With all these mining companies I agree one of them is bound to deliver Wink
Exahashes as if processing more data than the worlds supercomputers was not enough
http://qz.com/84056/the-bitcoin-network-is-now-more-powerful-than-the-top-500-supercomputers-combined/

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VolanicEruptor
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August 08, 2013, 04:15:12 AM
 #10844

Yes, one of them will be a winner, so just dump $10k into each IPO and let er' buck!  Sadly, this results in a scammers paradise.  It's a win-lose situation  Undecided  This is why I'd rather get into the early ones rather than the later ones.. and maybe this is why I chose Activemining as the main part of my portfolio..
I'm still invested in ASICminer though, but we're depending on maintenance of network % rather than growth of network % *yawn*

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August 08, 2013, 04:51:09 AM
 #10845

Heads up.

https://bitcointalk.org/index.php?topic=269950.0;topicseen

cp1
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August 08, 2013, 05:04:59 AM
 #10846


Wrong company

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
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August 08, 2013, 05:06:18 AM
 #10847


competition news is important to investors

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August 08, 2013, 05:10:48 AM
 #10848

Yes, one of them will be a winner, so just dump $10k into each IPO and let er' buck!  Sadly, this results in a scammers paradise.  It's a win-lose situation  Undecided  This is why I'd rather get into the early ones rather than the later ones.. and maybe this is why I chose Activemining as the main part of my portfolio..
I'm still invested in ASICminer though, but we're depending on maintenance of network % rather than growth of network % *yawn*


Win lose situations make it complex one delivers the rest don't is not exactly a good case.
But what matters I guess will be who can get what and how fast can they do, its starting to look like a arms hashing race

Anyways since it is competitor news
Labcoin seems to be having some devs coming online soon to talk and answer some questions

UPDATE:

After just talking to Sam Noi I can now reveal that the Project founder Fabrizio Tatti and one of the chip developers will be available on the forum shortly (later tonight or possibly in the morning) to answer questions reg. Design, status, Gen 1 chips etc.

This should give investors plenty of opportunity to ask questions and also stay up to date with the development.

I say soon since nearly 12 hours have passed XD

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superduh
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August 08, 2013, 07:49:40 AM
 #10849

man, if i had more $$$$$$ i'd be buying up AM

3.6btc! wow

ok
JordanL
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August 08, 2013, 07:49:44 AM
 #10850

Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...

I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation.

The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares.   Wink
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August 08, 2013, 08:16:53 AM
 #10851

Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...

I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation.

The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares.   Wink

I must agree watching it at 3.6 even I think that's a steal Smiley

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Mausini
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August 08, 2013, 08:19:20 AM
 #10852

Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...

I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation.

The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares.   Wink

I must agree watching it at 3.6 even I think that's a steal Smiley

People have to be crazy to sell at those prices...
David Chen
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August 08, 2013, 08:19:59 AM
 #10853

Did i miss a reason why AM-Shares are priced so low at the moment? The divs are high as always so i dont see why...

I think the primary reason people have been discussing, that investors are cashing out of ASICMINER to invest in new startups (unwisely IMHO), is likely one of the primary causes of the low share price. Others likely include the lower dividends recently, the lack of information about new hardware despite expectations of such, and a lack of updates from friedcat. Remember, until fairly recently friedcat was providing weekly updates every thursday like clockwork, and that has stopped without explanation.

The fact that news about new ASICMINER hardware is imminent, competition is unlikely to seriously compete any time soon, and that friedcat is working just as hard as every in spite of the lack of official updates leads me to believe that it is in fact an fantastic time to purcahse ASICMINER shares.   Wink

I agree with you.

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August 08, 2013, 09:06:23 AM
 #10854

With all these mining companies coming up, petahashes (PH/s) is now the "norm". Friedcat now has the go ahead to start prepping the exahashes (EH/s), without worry of the upcoming total network hashrate.  Cool


I don't see petahashes anywhere.

AngelSky
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August 08, 2013, 11:07:54 AM
 #10855

3.5 milestone Cheesy
ronaldlee0917
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August 08, 2013, 11:12:08 AM
 #10856

We are approaching 40% APR with the current price!
By the way, what is the rationale behind the sell off?

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JordanL
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August 08, 2013, 11:14:48 AM
 #10857

3.5 milestone Cheesy

Crazy. I never thought we'd have another opportunity like this. Share price could easily increase 50%+ in less than a month if hardware sales materialize.

I love the fact that low-information investors chasing the next big IPO are allowing the rest of us to get rich from ASICMINER once again.   Grin Grin Grin
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August 08, 2013, 11:15:41 AM
 #10858

We are approaching 40% APR with the current price!
By the way, what is the rationale behind the sell off?

Fear of the future. Cash needs. Buy back when shares are cheaper. All this ?
CMMPro
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August 08, 2013, 11:19:56 AM
 #10859

This low of a price is mind boggling when you consider the dividend history he has put up....I think that tells us a lot.
Most of these so called investors are really speculators looking only at jumping onto the next high speed train.

Slow and steady wins the race kiddies...no one ever told them the story of the tortoise and the hare?
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August 08, 2013, 11:23:18 AM
 #10860

This seems to me to be a trapped whale...  Shocked  The IPO hype has greatly diminished. 

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