Rebelution
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Activity: 70
Merit: 10
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August 25, 2013, 07:24:02 AM |
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How are things going regarding your business plan? Did you account for the sudden network hashrate increase? How is the international expansion of ASICminer coming along?
The business plan is unchanged. The network hashrate increase was still under our projection. The total hash target originally set for the end of this year would probably achieved earlier.
The ASICMiner expansion via franchising is still much within China border. The internationally deployed portion will dominate when the gain of operation cost outweigh the delay and cost of international shipping/assembling abroad.
Just realized that I initially read this too quickly. In the quote Friedcat actually confirms that franchising has started within China; he just states that he won't be franchising outside of China soon. Therefore, since last week's dividends went to reinvestment, the fall in hash rate might be due to the franchising and we would not be able to tell. |
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FloatesMcgoates
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August 25, 2013, 08:49:54 AM |
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Looks like friedcat couldn't keep up with the competition
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runeks
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Activity: 980
Merit: 1008
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August 25, 2013, 09:52:49 AM |
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When did Asicminer find its last block?
And why has it stopped to do so?
I mean is the tagging gone or what?
Last block found by ASICMiner is currently 254132 found a little more than an hour ago. 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? 1. No they haven't stopped hashing. 2. No, it is not possible that barely 6 month old chips are worn out now. Seriously guys, stop looking at the 24-hour average. It's useless. Too much luck is involved. |
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btcbot
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August 25, 2013, 10:07:29 AM |
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Imagine a market completely filled with n00bs. They know nothing about investing; they only know greed. Hundreds of n00bs gambling a few hundred dollars at a time. Now, imagine a corporate environment where the enterprise isn't judged harshly every quarter, which is bad enough, but every day. And the dividends are paid every week and one bad week and there's a sell off. Now add in that this is a 'virtual' market and the players aren't penalized for bouncing in and out of the market. It's the perfect setup for those who are patient and can do a little personal research and know the technology. I've played penny stocks since 1997 and made and lost a bunch. I've never seen anything like this market or this type of corporate pressure. It's really amazing...  |
Don't tip me... tip the Riseup folks who protect activists around the world. |
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Lauda
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Merit: 3004
Terminated.
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August 25, 2013, 11:12:43 AM |
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Just calm down and be patient..
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Zubilica
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August 25, 2013, 11:21:51 AM |
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Imagine a market completely filled with n00bs. They know nothing about investing; they only know greed. Hundreds of n00bs gambling a few hundred dollars at a time. Now, imagine a corporate environment where the enterprise isn't judged harshly every quarter, which is bad enough, but every day. And the dividends are paid every week and one bad week and there's a sell off. Now add in that this is a 'virtual' market and the players aren't penalized for bouncing in and out of the market. It's the perfect setup for those who are patient and can do a little personal research and know the technology. I've played penny stocks since 1997 and made and lost a bunch. I've never seen anything like this market or this type of corporate pressure. It's really amazing... +1 |
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torrentheaven
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August 25, 2013, 11:29:37 AM |
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Only has 3% of the network now.
LOL, what you mean "now" ? You mean last day? Because perfect knowledge of network hashrate is unknown at exact time, only estimated in selected timeframe |
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velacreations
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August 25, 2013, 01:22:47 PM |
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Only has 3% of the network now.
LOL, what you mean "now" ? You mean last day? Because perfect knowledge of network hashrate is unknown at exact time, only estimated in selected timeframe yeah, but the 36 hour estimate shows 4%, and the 4 day estimate shows 4% It's not just variance or luck, something is definitely up. The shorter estimates (<36 hour) are even worse. |
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binaryFate
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Activity: 1512
Merit: 1012
Still wild and free
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August 25, 2013, 01:25:52 PM |
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Only has 3% of the network now.
LOL, what you mean "now" ? You mean last day? Because perfect knowledge of network hashrate is unknown at exact time, only estimated in selected timeframe yeah, but the 36 hour estimate shows 4%, and the 4 day estimate shows 4% It's not just variance or luck, something is definitely up. The shorter estimates (<36 hour) are even worse. Hope some franchising is going on under radar... |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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kano
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Linux since 1997 RedHat 4
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August 25, 2013, 01:31:27 PM |
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I hear finding blocks is ... pretty random ...
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velacreations
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August 25, 2013, 01:31:51 PM |
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Hope some franchising is going on under radar...
could be. could be testing out something else or network problems or any number of issues that FC will have fixed in the next few days. |
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SOFORTGELD
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Activity: 39
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August 25, 2013, 01:36:14 PM |
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they bought new housing and are moving the things over. they have gen2 and setting them up now
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Lauda
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Activity: 2674
Merit: 3004
Terminated.
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August 25, 2013, 01:39:56 PM |
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they bought new housing and are moving the things over. they have gen2 and setting them up now
and you know this how? |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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velacreations
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August 25, 2013, 01:51:26 PM |
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they bought new housing and are moving the things over. they have gen2 and setting them up now
and you know this how? he's psychic, but only when he pulls something out of his ass. |
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karsy
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August 25, 2013, 02:22:39 PM |
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Gen2 is definately on its way. There is just a question of time. Expect exponential growth.
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Lauda
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Terminated.
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August 25, 2013, 02:46:11 PM |
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they bought new housing and are moving the things over. they have gen2 and setting them up now
and you know this how? he's psychic, but only when he pulls something out of his ass. +1 |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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wss999
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August 25, 2013, 02:46:53 PM |
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Anyone with expertise in deploying large amount of the asic chips? I am looking for a partner to help deployment of 50T+ of asic chips in USA (don't have the chips yet, but should be here soon), those chips consumes a lot of power from the specs I get (~400KW). Any help would be greatly appreciated, please contact me via PM to discuss details. Thanks
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SebastianJu
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Legendary Escrow Service - Tip Jar in Profile
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August 25, 2013, 02:58:47 PM |
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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velacreations
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August 25, 2013, 03:10:19 PM |
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nice, they are pretty. Any idea for price? |
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SebastianJu
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August 25, 2013, 03:18:55 PM |
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nice, they are pretty. Any idea for price? No idea... im wondering too that friedcat didnt mention this. Maybe it was a strategic placement to stop the shareprice from falling? I mean its not important to friedcat what a share is priced but to the shareholder it is. Maybe he wanted to help stabilize. |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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