ASICMINER: Entering the Future of ASIC Mining by Inventing It

[romerun]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

[PsychoticBoy]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

Gigavps private pool 

[freedomno1]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

Gigavps private pool 

Someone should add them to the list instead of leaving them unknown if they are known 

[BitcoinOxygen]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

Gigavps private pool 

Someone should add them to the list instead of leaving them unknown if they are known 

IIRC, Gigavps uses different addresses for each block and doesn't make use of P2SH.
Still it needs to be added to the list.

[conv3rsion]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Its already happening. BTCGarden for example.

[canth]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Its already happening. BTCGarden for example.

No one (should have) lost any money on BTCGarden. I wouldn't consider that exactly a crash and burn.

[bitzip]

Friedcat has honored the .1, both through his resellers and direct.

I know this because I have received block eruptors for .1 from both his resellers and direct.

Was it fully or partially honored?

Last time I checked only 30% of previous purchases were eligible to the promo due to limited inventory.

What is questionned here is the remaining 70%

When did you hear this?  And where?

2 weeks ago from SilentSonicBoom in PMs sent to his customers to communicate the promo details. He said 30% limit was from friedcat and if it was lifted he would update us.

I will ping him to check since, I see at least 2 resellers that are honoring 100%.

I would be a little suspicious of "SilentSonicBoom".  If he indeed got that 30% limit directly from Friedcat, then all the other resellers would be in the same boat.   Sounds like bullshit to me.. and a very easy way to keep cheaper units for himself

Just seen this post and had to reply. My 30% promo was handled for my customers. They come from friedcat, I pay the same 0.10 btc to receive them as those that get them pay, and I ship them out. Have a nice day.

I purchased some at 2.0 and some at 1.0 from two different resellers.  Both shipped what they received of the 0.1 promos.  I too wonder when they will get more to ship to the rest of us.

[binaryFate]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Its already happening. BTCGarden for example.

No one (should have) lost any money on BTCGarden. I wouldn't consider that exactly a crash and burn.

I don't consider it a crash neither. I mean by "crash spectacularly" that a large amount of money will be invested in R&D, or even into production, without any single return for the investors. I think that some people in BTC world are still assuming that "risky investment" might mean that in the worst case you don't get more than what you invested. They will realize then that the worst case is worst than that, what we might see soon (ok in btc-distorted time units, not so soon, say November or later) is that you get 0, whatever you invested. This will be fun time and the acceptable risk/reward ratio will be corrected accordingly.

[Vycid]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.   There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM's 10-20% is part of that 200, and they might be one of the ones "left by the road"?

More likely, I think, the shared resource will get depleted and nobody will make much profit.

[Panterino]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM might be one of the ones left by the road?

Fearmongering. FC already stated massive production is scheduled for September and November.

[deltanine]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.   There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM's 10-20% is part of that 200, and they might be one of the ones "left by the road"?

More likely, I think, the shared resource will get depleted and nobody will make much profit.

Come on!  You never apply the same standards to the competition you've been harping on about that you do to AM.  The way you tell it, AM will suffer any and all calamities while the newcomers come along and create massive competition with no trouble at all.

[Vycid]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM might be one of the ones left by the road?

Fearmongering. FC already stated massive production is scheduled for September and November.

Avalon was producing in January,  wasn't it? The first-mover advantage doesn't necessarily mean much. Ever heard of Friendster?

Cost-efficiency and power consumption will be more important than being a month or two ahead.

[Vycid]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.   There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM's 10-20% is part of that 200, and they might be one of the ones "left by the road"?

More likely, I think, the shared resource will get depleted and nobody will make much profit.

Come on!  You never apply the same standards to the competition you've been harping on about that you do to AM.  The way you tell it, AM will suffer any and all calamities while the newcomers come along and create massive competition with no trouble at all.

I don't think that. There are no mining companies I am currently bullish on. Cointerra is my favorite out of a bunch of companies doomed to injure each other in a struggle for survival.

This is a phenomenon known in ecology - the population exceeds the carrying capacity in an exponential growth spurt, then a brutal struggle for resources ensues.

http://en.wikipedia.org/wiki/Overshoot_(ecology)

[Mausini]

Dont even answer Vycid. Arguing with you is exactly what he wants. He's just feeding bullshit, because he's holding put options.

[binaryFate]

Vycid, I think we all got your points here on this thread, now. That would be nice if you could just post less, it starts to be annoying.

Convey your ideas, write them down nicely, post them, that's all very well. But don't feel obliged to answer to pretty much any post at any time.

That's not worth it for everyone to go through pages and pages of text half from you, whatever is your added value to the discussion.

I am sure many already have put you on ignore list. I am politely asking you to refrain a bit instead, because I am ok to read your input. In absolute valuation, not in number of posts!

[Vycid]

Vycid, I think we all got your points here on this thread, now. That would be nice if you could just post less, it starts to be annoying.

Convey your ideas, write them down nicely, post them, that's all very well. But don't feel obliged to answer to pretty much any post at any time.

That's not worth it for everyone to go through pages and pages of text half from you, whatever is your added value to the discussion.

I am sure many already have put you on ignore list. I am politely asking you to refrain a bit instead, because I am ok to read your input. In absolute valuation, not in number of posts!

This is a reasonable request. Attempting to answer everyone's questions/arguments is clogging the the thread.

I intend to switch to a denser, high-effort post every 1-2 days, to avoid repeating myself. Starting today.

[Mausini]

Vycid, I think we all got your points here on this thread, now. That would be nice if you could just post less, it starts to be annoying.

Convey your ideas, write them down nicely, post them, that's all very well. But don't feel obliged to answer to pretty much any post at any time.

That's not worth it for everyone to go through pages and pages of text half from you, whatever is your added value to the discussion.

I am sure many already have put you on ignore list. I am politely asking you to refrain a bit instead, because I am ok to read your input. In absolute valuation, not in number of posts!

This is a reasonable request. Attempting to answer everyone's questions/arguments is clogging the the thread.

I intend to switch to a denser, high-effort post every 1-2 days, to avoid repeating myself. Starting today.

or maybe just STFU

[tinus42]

Vycid, I think we all got your points here on this thread, now. That would be nice if you could just post less, it starts to be annoying.

Convey your ideas, write them down nicely, post them, that's all very well. But don't feel obliged to answer to pretty much any post at any time.

That's not worth it for everyone to go through pages and pages of text half from you, whatever is your added value to the discussion.

I am sure many already have put you on ignore list. I am politely asking you to refrain a bit instead, because I am ok to read your input. In absolute valuation, not in number of posts!

This is a reasonable request. Attempting to answer everyone's questions/arguments is clogging the the thread.

I intend to switch to a denser, high-effort post every 1-2 days, to avoid repeating myself. Starting today

Good idea. You raise some valid points but by continuously repeating them you don't serve anyone, including yourself.

BTW I wouldn't mind it if your realize your short positions. As then I might be able buy even more cheap shares. I don't believe in ASICMINER tanking in the near future.

[deltanine]

Vycid, I think we all got your points here on this thread, now. That would be nice if you could just post less, it starts to be annoying.

Convey your ideas, write them down nicely, post them, that's all very well. But don't feel obliged to answer to pretty much any post at any time.

That's not worth it for everyone to go through pages and pages of text half from you, whatever is your added value to the discussion.

I am sure many already have put you on ignore list. I am politely asking you to refrain a bit instead, because I am ok to read your input. In absolute valuation, not in number of posts!

This is a reasonable request. Attempting to answer everyone's questions/arguments is clogging the the thread.

I intend to switch to a denser, high-effort post every 1-2 days, to avoid repeating myself. Starting today

Good idea. You raise some valid points but by continuously repeating them you don't serve anyone, including yourself.

BTW I wouldn't mind it if your realize your short positions. As then I might be able buy even more cheap shares. I don't believe in ASICMINER tanking in the near future.

A little less Vycid would be great.  For the record, I don't mind him posting either.  It's no skin off my nose whether he thinks he can manipulate the market down or not.  I'm here for the divs and they are the same regardless of how much a share costs.

[BitCsByBit]

Good luck to anyone just joining in and attempting to read the last 600 pages.