ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Lauda]

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

[wss999]

  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

[SebastianJu]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

[velacreations]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

nice, they are pretty.  Any idea for price?

[SebastianJu]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

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.

[velacreations]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

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.

hmmm, maybe
I think addressing the issues with the hash rate would be better to stabilize right now.

[ThickAsThieves]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

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.

hmmm, maybe
I think addressing the issues with the hash rate would be better to stabilize right now.

Ultimately the price is determined by the reseller, I believe. It's likely the price changes each difficulty shift as well. You can probably check the group buys and btcguild.com, etc for current prices.

[Zubilica]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

More cheap shares for me.

[Manna]

>40 Buys in the last hour, friedcat news brings up-movement on share price.

[Manna]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

That CE logo, does it mean they are regulated by european community in someway to spread their business/franchise to physical stores or something like that?

The CE logo is no proof of quality logo, but a sign that it can be distributed in the European Union because it matches the standard for this.
All electric articles that you want to sell legally in the EU must have a CE sign.

[binaryFate]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

That CE logo, does it mean they are regulated by european community in someway to spread their business/franchise to physical stores or something like that?

"The CE marking or formerly EC mark, is a mandatory conformity marking for products sold in the European Economic Area (EEA) since 1993."
http://en.wikipedia.org/wiki/CE_marking

EDIT: Btw, no need to post twice the same question in two threads...

[Taxidermista]

Maybe it was a strategic placement to stop the shareprice from falling?
I mean its not important to friedcat what a share is priced

What? What the fuck are you talking about?!

[VolanicEruptor]

Maybe it was a strategic placement to stop the shareprice from falling?
I mean its not important to friedcat what a share is priced

What? What the fuck are you talking about?!

my question exactly

[tinus42]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

That CE logo, does it mean they are regulated by european community in someway to spread their business/franchise to physical stores or something like that?

It's not the CE logo but the China Export logo. There's a subtle difference:



http://www.ybw.com/expert-advice/vhf/news/509220/warning-don-t-get-confused-between-the-ce-mark-and-the-china-export-mark

I hope they do sticks with the nextgen chips as well.

[binaryFate]

https://bitcointalk.org/index.php?topic=280961 Friedcat has spoken...

That CE logo, does it mean they are regulated by european community in someway to spread their business/franchise to physical stores or something like that?

It's not the CE logo but the China Export logo. There's a subtle difference:



http://www.ybw.com/expert-advice/vhf/news/509220/warning-don-t-get-confused-between-the-ce-mark-and-the-china-export-mark

Ah yes, possible. Reputation of China is well deserved, they even copy logos.

[TsuyokuNaritai]

It's not the CE logo but the China Export logo. There's a subtle difference:

http://www.ybw.com/expert-advice/vhf/news/509220/warning-don-t-get-confused-between-the-ce-mark-and-the-china-export-mark

A very similar CE marking has been alleged to stand for China Export because some Chinese manufacturers apply it to their products. However, the European Commission says that this is a misconception. The matter was raised at the European Parliament in 2008. The Commission responded that it was unaware of the existence of any "Chinese Export" mark and that, in its view, the incorrect application of the CE marking on products was unrelated to incorrect depictions of the symbol, although both practices took place. It had initiated the procedure to register CE marking as a Community collective trademark, and was in discussion with Chinese authorities to ensure compliance with European standards.

[runeks]

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.

7-day average is 37.8 TH: http://runeks.dk/bitcoin/
Current network hashrate is 494 TH: http://bitcoincharts.com/

ASICMiner share is: 7.65%.

If we use the 3-day estimate of 33.5 TH the ASICMiner network share is 6.78%.

[Rebelution]

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.

Am not just looking at the 24 hour average, just look at the mining revenues for the past 10 days on your charts.  Clearly something is up... Don't know why you act like it isn't.

Also when a 60TH operation is solving any blocks at all in 24 hours, and has been solving significantly lower blocks for the past 10 days--I think its reasonable to conclude that something is probably going on.  You don't agree?  Again, looks like it could be the franchising, impossible to know since we don't know what last week's dividends would have been if friedcat hadn't retained bitcoins for reinvestment.

YAY for new USB sitcks, very beautiful!  Will definitely order some to gift when explaining bitcoin to new users.

[TsuyokuNaritai]

Myminer has backed out because of legal issues in China and is now taking back all shares in return for the IPO price:

Collecting funds from public is still illegal in China. We used to think that IPO with BTC can avoid this legal risk. However, it turns to be wrong after we consulted with several layers.

We realize that keeping holding your funds for this project is very risky and irresponsible.

Does this mean anything for AsicMiner?

With this on top of what happened with BTCGarden and Avalon in China it seems to be becoming a very bad place to do BTC business. The sooner Friedcat moves some hashrate abroad the better.

[binaryFate]

Myminer has backed out because of legal issues in China and is now taking back all shares in return for the IPO price:

Collecting funds from public is still illegal in China. We used to think that IPO with BTC can avoid this legal risk. However, it turns to be wrong after we consulted with several layers.

We realize that keeping holding your funds for this project is very risky and irresponsible.

Does this mean anything for AsicMiner?

With this on top of what happened with BTCGarden and Avalon in China it seems to be becoming a very bad place to do BTC business. The sooner Friedcat moves some hashrate abroad the better.

I am confident they will handle this properly. Short-term, this is always good news to see some competitors among all those new IPOs stepping out. Notice how they first collect the funds, and only then wonder if everything is ok to follow their plans.