ASICMINER: Entering the Future of ASIC Mining by Inventing It

[BitThink]

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.

It may be just a myth. There's no such thing called "china export" logo as far as I know. It's more likely just some producer does not comply the standard. http://www.europarl.europa.eu/sides/getAllAnswers.do?reference=P-2007-5938&language=EN

[BitThink]

And in my opinion, the flag in the USBs IS a standard CE flag.

[canth]

I'm so glad that Vycid executed those puts.

Has he executed all the puts? The first ones he publicly bought are only just coming up to expiry, and he was buying them for quite a while.

Not all of them - I've got a few outstanding with him. He's in the money though, so there's no reason for him to not execute. It's wins all around - we get cheaper AM shares and Vycid makes a profit on his gamble.

[prancing_around]

http://www.amazon.com/ASICMiner-Block-Erupter-330MH-Sapphire/dp/B00CUJT7TO/ref=sr_1_1?s=electronics&ie=UTF8&qid=1377479024&sr=1-1

69.98 Free Shipping, also eligible for Amazon Prime

Wow

Way too expensive.

Another seller on amazon has it for $43.99 plus $3.99 shipping
http://www.amazon.com/gp/offer-listing/B00CUJT7TO/ref=dp_olp_new?ie=UTF8&condition=new

[freedomno1]

Maybe there's more story to the details.

They USBs are cute and consumer looking. They look like a keychain.
In the next version, they can be a hardware wallet like the Trezor.
All the fashionable guys and girls can wear their AM BTC wallet on
their keychain. AM's got the branding started.  A lot easier to carry
their laptop and more secure than cell phone.

Kind of tempted to have them around as fancy display units when they get older
Curious person: What's that
Oh a USB miner
Hmm
Start Bitcoin convo


Heh or sell them as fancy accessories on Amazon at a nice premium

(Customize the USB miner with a fried cat image he-he)

As for the puts it's buried in the thread somewhere

[romerun]

http://camelcamelcamel.com/ASICMiner-Block-Erupter-330MH-Sapphire/product/B00CUJT7TO?context=browse

[Vycid]

I'm so glad that Vycid executed those puts. Assuming that's why he's eased off the negative campaign.

I get the feeling he actually had an effect on the market....No way to prove this though i guess.

Still haven't executed.

I eased off because I was starting to annoy rather than inform. Everyone had heard my arguments already.

I still do intend to make some high-effort analysis posts but I've been sorta busy the past few days.

[TsuyokuNaritai]

Still haven't executed.

Does that mean you thought it was going to fall even further than the recent low?

[Xian01]

Does anyone have any insight as to when sales/coupons will resume for those eligible to purchase at 0.1 BTC ? Apologies if I overlooked a post somewhere that may have answered this already.

[jmutch]

I'm so glad that Vycid executed those puts. Assuming that's why he's eased off the negative campaign.

I get the feeling he actually had an effect on the market....No way to prove this though i guess.

Still haven't executed.

I eased off because I was starting to annoy rather than inform. Everyone had heard my arguments already.

I still do intend to make some high-effort analysis posts but I've been sorta busy the past few days.

Fair call,

Nothing wrong with seeing opposing opinions. But it was getting rather annoying and was clogging up the thread.

Just make sure you base most of your arguments on facts. I think there was a bit of speculation creeping into the things you were putting out there. Anyway....

Sorry for assuming you'd executed, I'd be interested to know when you do. 

[SebastianJu]

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?!

Why should he? The shares were only to create the company. He owns a lot of it but only to own the companies earnings this way. He cant sell them without crashing the price. If friedcat would sell this would be a very bad sign. So in my opinion he never thought of his shares value since the only thing matters for him are the company itself and the part of the earnings he gets.
So why should he care now about the shareprice? He only would because of his shareholders. But the shareprice does change nothing for the company. It will still mine, it will still create the same earnings. So the shareprice is something he only would care because of his shareholders.
And the connections that exist between the shareprice of normal stock exchange securities and the companies profit are not existing here.

[creativex]

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?!

Why should he? The shares were only to create the company. He owns a lot of it but only to own the companies earnings this way. He cant sell them without crashing the price. If friedcat would sell this would be a very bad sign. So in my opinion he never thought of his shares value since the only thing matters for him are the company itself and the part of the earnings he gets.
So why should he care now about the shareprice? He only would because of his shareholders. But the shareprice does change nothing for the company. It will still mine, it will still create the same earnings. So the shareprice is something he only would care because of his shareholders.
And the connections that exist between the shareprice of normal stock exchange securities and the companies profit are not existing here.

+1. Nice observation and post.

[JimiQ84]

I think this - 1N8oFn2BgF5Rxysf5xDdgsAVmZ2cvzCKQo - is first franchise address

EDIT: although it looks like hardware selling address, but then I don't understand why proceeds go to main mining address

[binaryFate]

I don't find the link to the live display of a line with blue and red points, for blocks that are found by AM or not. Don't know how to explain better, but you should see what I'm talking about...
If somebody could give it, thanks in advance!

[JimiQ84]

I don't find the link to the live display of a line with blue and red points, for blocks that are found by AM or not. Don't know how to explain better, but you should see what I'm talking about...
If somebody could give it, thanks in advance!

you mean this?

https://docs.google.com/spreadsheet/oimg?key=0AkPdXsQFT-vIdGg0bC1sQmNFSWxVRU5sYmNWSDhXcFE&oid=15&zx=edyv99jfntu6

[binaryFate]

I don't find the link to the live display of a line with blue and red points, for blocks that are found by AM or not. Don't know how to explain better, but you should see what I'm talking about...
If somebody could give it, thanks in advance!

you mean this?

https://docs.google.com/spreadsheet/oimg?key=0AkPdXsQFT-vIdGg0bC1sQmNFSWxVRU5sYmNWSDhXcFE&oid=15&zx=edyv99jfntu6

Yes! thanks! 

[BitCsByBit]

AM hashrate is back up. It seems to be the all time high, around 80TH/s.

[candoo]

AM hashrate is back up. It seems to be the all time high, around 80TH/s.

this is called luck and variance

[cw92]

Rate is still climbing..a 3x increase seems like more than variance, but who knows. 

[binaryFate]

AM hashrate is back up. It seems to be the all time high, around 80TH/s.

this is called luck and variance

Often, some noobs under-estimate the effect of variance, and get crazy every 6 hours "it's up!", "it's down!".
But this time, I fully agree. This is not variance. They were undoubtedly having a low hashrate these last days, around 30TH/s, and they are now way higher. The possible range of this "way higher" is still large given that the increase is recent, but it will shrink over time and we should get a reasonable approximation in 48h. Personally, I think we will be higher than the previous high of ~60TH/s. I expect 80 or higher.

My hypothesis is that the recent low was due to some work required to extend the farm. Now the extension is being turned on... Welcome the new hash rate!