|
AM4Bitcoin
|
 |
September 04, 2013, 02:22:36 AM |
|
Yes but can they use that money? What would happen if Bitfountain just started selling shares worth million $? Market capitalization would decrease a lot more then that amount.
|
bullish on Bitcoin + Peercoin
|
|
|
David Chen
Member
 Offline
Activity: 91
Merit: 10
|
|
September 04, 2013, 03:07:13 AM |
|
I'm really looking forward to the announcement of the Gen 2 product. Can't wait. I have high hopes. Hopefully it will come at just the right time.... I'm holding shares long, and hope they rebound to some extent to somewhere close to what they were going for last month...
I got faith in F. C.
FC said the Gen 2 product is planned between Nov and Dec. So you have to be patient. |
reputation is everything.
|
|
|
romerun
Legendary
Offline
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
|
|
September 04, 2013, 03:26:36 AM |
|
why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
|
|
|
|
|
Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
|
|
September 04, 2013, 04:04:45 AM |
|
why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
Litecoin ASICs are much less lucrative for technical reasons (Scrypt is memory-hard) |
|
|
|
|
Ytterbium
|
|
September 04, 2013, 04:08:28 AM |
|
why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
Litecoin ASICs are much less lucrative for technical reasons (Scrypt is memory-hard) No reason you couldn't make an ASIC with embedded RAM. If you made a CPU-style design with enough embedded ram to run litecoin at full speed, a chip like that would probably have lots of other practical uses. |
|
|
|
drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
September 04, 2013, 04:23:38 AM |
|
Does ASICMINER have the funds to build a scrypt ASIC?
|
|
|
|
|
Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
|
|
September 04, 2013, 04:43:30 AM |
|
why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
Litecoin ASICs are much less lucrative for technical reasons (Scrypt is memory-hard) No reason you couldn't make an ASIC with embedded RAM. If you made a CPU-style design with enough embedded ram to run litecoin at full speed, a chip like that would probably have lots of other practical uses. Then by definition it wouldn't be an ASIC  It's not that such a chip is impossible, it's that such a chip does not offer a great enough advantage over GPUs to encourage the kind of aggressive exploitation we're seeing with Bitcoin ASICs. No doubt they will emerge if Litecoin ever achieves Bitcoin's market size, but their appearance will not be accompanied by the same kind of 'gold rush' mentality. It will be an incremental step, offering primarily power efficiency over GPUs (since graphics cards enjoy an economy of scale Litecoin miners will likely never match) - I'd highlight FPGA vs GPU for Bitcoin as a good analogy. Also, for technical reasons, it is extremely expensive to embed large amounts of RAM into a CPU die. The on-wafer manufacturing processes for logic and memory are very different (in fact we often use different processing tools for memory and logic applications). |
|
|
|
|
JimiQ84
|
|
September 04, 2013, 05:29:37 AM |
|
why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
Litecoin ASICs are much less lucrative for technical reasons (Scrypt is memory-hard) No reason you couldn't make an ASIC with embedded RAM. If you made a CPU-style design with enough embedded ram to run litecoin at full speed, a chip like that would probably have lots of other practical uses. Then by definition it wouldn't be an ASIC It's not that such a chip is impossible, it's that such a chip does not offer a great enough advantage over GPUs to encourage the kind of aggressive exploitation we're seeing with Bitcoin ASICs. No doubt they will emerge if Litecoin ever achieves Bitcoin's market size, but their appearance will not be accompanied by the same kind of 'gold rush' mentality. It will be an incremental step, offering primarily power efficiency over GPUs (since graphics cards enjoy an economy of scale Litecoin miners will likely never match) - I'd highlight FPGA vs GPU for Bitcoin as a good analogy. Also, for technical reasons, it is extremely expensive to embed large amounts of RAM into a CPU die. The on-wafer manufacturing processes for logic and memory are very different (in fact we often use different processing tools for memory and logic applications). for efficient litecoin mining, we will have to wait for memristors. 10 times cheaper, 10 times faster than current RAMs |
|
|
|
|
|
empoweoqwj
|
|
September 04, 2013, 05:39:43 AM |
|
why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
Litecoin ASICs are much less lucrative for technical reasons (Scrypt is memory-hard) No reason you couldn't make an ASIC with embedded RAM. If you made a CPU-style design with enough embedded ram to run litecoin at full speed, a chip like that would probably have lots of other practical uses. Like? |
|
|
|
|
|
lophie
|
|
September 04, 2013, 07:24:13 AM |
|
why everybody is jumping into bitcoin ASIC. If cointerra team is the best, they should invent litecoin ASIC and become AM of litecoin.
Litecoin ASICs are much less lucrative for technical reasons (Scrypt is memory-hard) No reason you couldn't make an ASIC with embedded RAM. If you made a CPU-style design with enough embedded ram to run litecoin at full speed, a chip like that would probably have lots of other practical uses. Like? Glorified toasters |
Will take me a while to climb up again, But where is a will, there is a way...
|
|
|
David Chen
Member
Offline
Activity: 91
Merit: 10
|
|
September 04, 2013, 10:49:50 AM |
|
hey,guys,divident prediction time!
|
reputation is everything.
|
|
|
|
lophie
|
|
September 04, 2013, 11:02:48 AM |
|
hey,guys,divident prediction time!
0.07 |
Will take me a while to climb up again, But where is a will, there is a way...
|
|
|
|
robix
|
|
September 04, 2013, 11:04:15 AM |
|
hey,guys,divident prediction time!
0.07 Great  |
|
|
|
|
|
JimiQ84
|
|
September 04, 2013, 11:10:12 AM |
|
0.015. Mining is a bit down, but sales should include blades already.
|
|
|
|
|
|
Tachikoma
|
|
September 04, 2013, 11:22:54 AM |
|
I don't think much can be predicted this week. We don't know if they need more money to investment in the 2nd-gen hardware. This will be the biggest factor in the size of the dividend payment for this week.
|
|
|
|
binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
|
|
September 04, 2013, 11:41:31 AM |
|
0.0085
I tend to think any addition from hardware sales will be kept as investement...
|
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
|
|
|
|
robix
|
|
September 04, 2013, 11:55:35 AM |
|
0.0085
I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. |
|
|
|
|
binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
|
|
September 04, 2013, 11:58:37 AM |
|
0.0085
I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
|
|
|
|
robix
|
|
September 04, 2013, 12:00:13 PM |
|
0.0085
I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. Don't forget the fear and panic. |
|
|
|
|
|
VeeMiner
|
|
September 04, 2013, 12:31:38 PM |
|
0.0085
I tend to think any addition from hardware sales will be kept as investement...
That would drive the share below 2 coins. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. Don't forget the fear and panic. I'm not sure. The proportion of share holders that are so short-term focused must have significantly reduced now. |
|
|
|
|
|
