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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918219 times)
Panterino
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August 24, 2013, 04:58:30 PM
 #11721

Guys... Capitulation is necessary to find a bottom.

http://www.investopedia.com/ask/answers/189.asp
keystroke
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advocate of a cryptographic attack on the globe


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August 24, 2013, 05:13:33 PM
 #11722

The last timeline:
Quote
Project Timeline

August-September: Deploy/sell all hashpower arriving in July and early August.
September-November: Deploy/sell the hashpower ordered at early July.
November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

Do we know how many TH of 2nd-gen?

"The difference between a castle and a prison is only a question of who holds the keys."
ning
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August 24, 2013, 05:14:44 PM
 #11723

Guys... Capitulation is necessary to find a bottom.

http://www.investopedia.com/ask/answers/189.asp

Capitulation can be used to identify bottoms, but, unluckily and not surprisingly, capitulation itself cannot be predicted or identified.
tkone
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August 24, 2013, 05:19:18 PM
Last edit: August 24, 2013, 05:29:26 PM by tkone
 #11724

i duno whats capilation, all i know is shares dropping down real fast, there is still some buy walls ppl tryign to get cheap shares, but still its dropping fast and really low!

wow i wonder how low it will get?!

edit: i think thats it price going back up, unless theres more sellers?
looks like enough ppl wanna buy at that price, unless theres way way way more to sell, price will drop even more!

DiabloD3
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August 24, 2013, 05:33:57 PM
 #11725

To all those saying "the biggest problem with AM right now is the price has dropped", you need to learn stock ownership 101 basics: if you think a stock is worth owning and the price has dropped, it merely has gone on sale, go buy more.

philipma1957
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August 24, 2013, 05:48:23 PM
 #11726

To all those saying "the biggest problem with AM right now is the price has dropped", you need to learn stock ownership 101 basics: if you think a stock is worth owning and the price has dropped, it merely has gone on sale, go buy more.

I may do just that. needs to go to 1.9 for me to buy.

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SaintFlow
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August 24, 2013, 05:49:55 PM
 #11727

When did Asicminer find its last block?
And why has it stopped to do so?
I mean is the tagging gone or what?

2011 seems like yesterday
AngelSky
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August 24, 2013, 05:50:37 PM
 #11728

seems that the bottom was 2.251 finally.
Rebelution
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August 24, 2013, 05:56:26 PM
 #11729

Why has the hashrate dropped the past weeks?
It dropped in different few days. Some of them are internal hardware/network glitches, some of them are luck based. We haven't identified any form of DDOS attacks recently though.

Looks like that glitch might be much more serious than we all thought...
eb3full
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August 24, 2013, 06:01:42 PM
 #11730

Today we had a difficulty change.

"With four parameters I can fit an elephant, and with five I can make him wiggle his trunk." John von Neumann
buy me beer: 1HG9cBBYME4HUVhfAqQvW9Vqwh3PLioHcU
zefyr0s
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August 24, 2013, 06:11:37 PM
 #11731

So was it just the 'impending btc bubble' or the current price also?
Rebelution
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August 24, 2013, 06:18:11 PM
 #11732

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time...  Question for anyone that knows about chips:  is it possible that the first gen chips after started failing after hashing for so long?
ThickAsThieves
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August 24, 2013, 06:30:58 PM
 #11733

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time...  Question for anyone that knows about chips:  is it possible that the first gen chips after started failing after hashing for so long?


Could also be bad luck.
Lincoln6Echo
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August 24, 2013, 06:41:52 PM
 #11734

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time...  Question for anyone that knows about chips:  is it possible that the first gen chips after started failing after hashing for so long?

Chinese Police got hungry and ate the cat. Shocked yummy Grin
Rebelution
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August 24, 2013, 06:43:12 PM
 #11735

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time...  Question for anyone that knows about chips:  is it possible that the first gen chips after started failing after hashing for so long?


Could also be bad luck.

Theoretically it could be, but it would be extremely bad luck.  

Also great to see you posting!  Could you confirm that board members have not received any information that has caused this sell off?

EDIT:  AM has only mined 8 blocks in the past 24 hours.  If this was a one time thing, sure I will give the benefit of the doubt.  But given that AM had "glitches" all last week, I think this points to a larger problem...
teek
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August 24, 2013, 06:45:50 PM
 #11736

So AM valuation depends on:

* one week of dividends
* last 3 hours estimated hash rate

Good to know.

lmao - no kidding.. cheap shares nom nom nom
VolanicEruptor
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August 24, 2013, 06:57:58 PM
 #11737

So AM valuation depends on:

* one week of dividends
* last 3 hours estimated hash rate

Good to know.

lmao - no kidding.. cheap shares nom nom nom

+100

Lauda
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August 24, 2013, 07:00:57 PM
 #11738

So AM valuation depends on:

* one week of dividends
* last 3 hours estimated hash rate

Good to know.
Ignorant people everywhere, what can you do.
They keep QQing, yet know nothing about stock investment.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
SebastianJu
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August 24, 2013, 07:38:24 PM
 #11739

So some people cash out to invest in labcoin since they will start to build up TH soon. Fine. Its not that Asicminer is dead now. Asicminer is Labcoin in strong position already. And Asicminer will remain one of the big players that share the market of mining. Private miners soon wont play a big role anymore since they have to play prices they cant compete with Asicminer and similar companies for long. Simple as that.
So no, i wont give away my shares only because 2 things come together now. Investments in competitors and friedcat investments in new hashpower.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
ThickAsThieves
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August 24, 2013, 07:44:48 PM
 #11740

Today we had a difficulty change.

Yes, but AM appears to have completely stopped hashing... I know it is about 2 am in China, so worried this issue might not be resolved for a some time...  Question for anyone that knows about chips:  is it possible that the first gen chips after started failing after hashing for so long?


Could also be bad luck.

Theoretically it could be, but it would be extremely bad luck.  

Also great to see you posting!  Could you confirm that board members have not received any information that has caused this sell off?

EDIT:  AM has only mined 8 blocks in the past 24 hours.  If this was a one time thing, sure I will give the benefit of the doubt.  But given that AM had "glitches" all last week, I think this points to a larger problem...

To my knowledge, none of the board members have "sold out", but I can't confirm that other than weekly, after div day, the same way you would.

Friedcat did publicly state he was retaining some income for expenses, but I do not know if he might be doing that by moving some hashing to a wallet that asicminercharts.com is not tracking. If he is doing such, it would affect one of the metrics everyone is using for price...

I am speculating mostly, but please note that you will never hear info from me that isn't already public, unless AM specifically asks me to post an update on their behalf.
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