Bitcoin Forum
November 04, 2025, 01:37:48 AM *
News: Latest Bitcoin Core release: 30.0 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 [670] 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918507 times)
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
September 27, 2013, 02:25:13 PM
 #13381

apologies if this is old news ...

http://www.coindesk.com/terrahash-shuts-down-bitcoin-miners-upset-with-refund/


dum dum dum another one bites the dust
Aedius
Newbie
*
Offline Offline

Activity: 57
Merit: 0


View Profile
September 27, 2013, 03:43:25 PM
 #13382

For those that have PT shares on BTCT, where are you transferring them? Seems like Bitfunder and Havelock are the best options but I'm not very familiar with either.
lophie
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1003

Unlimited Free Crypto


View Profile
September 27, 2013, 03:46:07 PM
 #13383

apologies if this is old news ...

http://www.coindesk.com/terrahash-shuts-down-bitcoin-miners-upset-with-refund/


dum dum dum another one bites the dust

And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Will take me a while to climb up again, But where is a will, there is a way...
AM4Bitcoin
Full Member
***
Offline Offline

Activity: 189
Merit: 100


View Profile
September 27, 2013, 03:57:12 PM
 #13384


And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Doesnt matter they will receive the BTC anyway. If they can get that 500TH the shareholders will profit.

bullish on Bitcoin + Peercoin
FNG
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


View Profile
September 27, 2013, 04:00:05 PM
 #13385


And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Doesnt matter they will receive the BTC anyway. If they can get that 500TH the shareholders will profit.
Exactly. If he can sell it / franchise it at a better rate than mining with it then I hope he does so.
VeeMiner
Hero Member
*****
Offline Offline

Activity: 752
Merit: 500


bitcoin hodler


View Profile
September 27, 2013, 04:05:21 PM
 #13386


And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Doesnt matter they will receive the BTC anyway. If they can get that 500TH the shareholders will profit.
Exactly. If he can sell it / franchise it at a better rate than mining with it then I hope he does so.

Friedcat has been doing that quite efficiently up until now so I don't think that's going to change.
wickedgoodtrader
Full Member
***
Offline Offline

Activity: 220
Merit: 100


View Profile
September 27, 2013, 04:37:46 PM
 #13387


And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Doesnt matter they will receive the BTC anyway. If they can get that 500TH the shareholders will profit.
Exactly. If he can sell it / franchise it at a better rate than mining with it then I hope he does so.

Friedcat has been doing that quite efficiently up until now so I don't think that's going to change.

There is still no reason they shouldn't have 20% of the hash rate. If it is infact better to sell all your miners for profits thus increasing the hashrate thus making it harder for yourself to mine, that 100% points in the direction that this market is overloaded and there is no long term investment at current btc prices. Essentially once the profitability of mining comes to an end, which is very close, so will asicminer.

I feel like the real strategy would have been to mine with all your chips and get a monopoly on the market, thus locking everyone else out because it wouldn't be profitable for them to start mining. Instead they did the opposite and locked themselves out!
Jayjay04
Legendary
*
Offline Offline

Activity: 1364
Merit: 1000



View Profile
September 27, 2013, 04:38:09 PM
 #13388

apologies if this is old news ...

http://www.coindesk.com/terrahash-shuts-down-bitcoin-miners-upset-with-refund/


dum dum dum another one bites the dust

And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

It's a chance that my credit card company refund me at 100% !

                    ▄▄▄
                   █████
             ▄▄▄    ▀▀▀       ▄▄████╕
            █████          ▄▄███████▌
     ▄▄▄     ▀▀▀        ╓████████▀▀
    █████               ██████▀▀       ▄███▄
     ▀▀▀        ▄███▄    ▀▀▀           ▀███▀
                ▀███▀        ▄▄████╕
       ▁▄▄███▄           ▄▄████████▌
   ▁▄▆████████       ▄▄█████████▀▀       ▄███▄
 ▄█████████▀▔    ▄▄█████████▀▀           ▀███▀
▐██████▀▀▔   ,▄█████████▀▀        ▄▄▄
 ▔▀▀▀▔    ▄▄████████▀▀           █████
      ▄▄████████▀▀       ▄▄██▄    ▀▀▀
   ▄█████████▀       ▄▄███████▌       ▄▄▄
  ▐██████▀▀      ▄▄█████████▀▔       █████
   `▀▀▀      ▂▄█████████▀▀    ,▄▄µ    ▀▀▀
          ▂▆████████▀▀    ,▄██████▌
          ██████▀▀     ▄█████████▀
           ▔▀▀        ███████▀"
                      "▀▀▀╙
Hello!
STAKER
.The Next Proof-of-Stake.
KSmart Contract Tokene.














donut
Sr. Member
****
Offline Offline

Activity: 251
Merit: 252


View Profile
September 27, 2013, 06:06:25 PM
 #13389

Hell I'm selling my hardware now because even though I'll break even, I won't make nearly as much as I can sell it for.

Holding BTC is a better choice right now.
Strange Vlad
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
September 27, 2013, 07:04:50 PM
Last edit: September 27, 2013, 07:26:05 PM by Strange Vlad
 #13390

Hell I'm selling my hardware now because even though I'll break even, I won't make nearly as much as I can sell it for.

Holding BTC is a better choice right now.

That's because your expectations of the network growth speed is higher than that of the market.  And I agree with you on that: probably many people will pay for their devices more than they would ever mine, but that's all to the best for someone who sells the pickaxes.

Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.


P.S. chart from bitcoin.sipa.be

Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
1CdVTkA288cd3m1jkdqPjUfhQ5ebei8gVT
g83
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


Super Smash Bros. Ultimate Available Now!


View Profile WWW
September 27, 2013, 07:09:34 PM
 #13391

Any speculations about the shareprice development in long term
hlynur
Hero Member
*****
Offline Offline

Activity: 770
Merit: 501



View Profile
September 27, 2013, 07:24:03 PM
 #13392

Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.


what site did you get that chart from?

Strange Vlad
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
September 27, 2013, 07:27:30 PM
 #13393

Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.


what site did you get that chart from?

Sorry, forgot to mention it's from bitcoin.sipa.be

Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
1CdVTkA288cd3m1jkdqPjUfhQ5ebei8gVT
physalis
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250



View Profile
September 28, 2013, 12:09:23 AM
 #13394

Any speculations about the shareprice development in long term

How long term?

The next week(s) might see some more slow but not too ugly decline. Selling right now because of this is risky though, since you have no idea on what day FC will come out with an update.
When AM gets the 500TH over the coming month -> big price boost, definitely back up >2 while seeing some very sweet dividends again over the following weeks.

Longer it gets kind of difficult to predict. It depends a lot on how the competition will perform. Judging by the past, they will all act on the professional level of a bunch of pre-school kids and not get anything done (except probably Cointerra - if I could invest in them, I would). It also depends a lot on how AM's next-gen chips will perform. Right now, we know next to nothing about them.
But either way, I expect AM to stay in a strong position at least until towards the end of Q1 2014, even if their next-gen chips turn out to be complete garbage.

I think the share price is too low right now and just a product of the usual short-sightedness of the people here.
A few lower divs and all jump ship, only to flock back when the divs get juicy again. Easy money if you just got a little patience.
hlynur
Hero Member
*****
Offline Offline

Activity: 770
Merit: 501



View Profile
September 28, 2013, 12:38:12 AM
 #13395

Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.

what site did you get that chart from?
Sorry, forgot to mention it's from bitcoin.sipa.be
thanks, just realized i could have simply gottten the url from your embedded image. that weekend beer seems to have slowed down my brain activity  Tongue

romerun
Legendary
*
Offline Offline

Activity: 1078
Merit: 1002


Bitcoin is new, makes sense to hodl.


View Profile
September 28, 2013, 01:27:39 AM
 #13396

ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
finlof
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
September 28, 2013, 01:37:59 AM
 #13397

ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
100TH (supposedly going to be 200TH now) has IP's 199.191.58.178 and 95.141.29.208 and their mining address is here - https://blockchain.info/address/19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs.  they are between 7 and 10% of total hash
Endlessa
Sr. Member
****
Offline Offline

Activity: 335
Merit: 250


View Profile
September 28, 2013, 05:53:59 AM
 #13398

ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
100TH (supposedly going to be 200TH now) has IP's 199.191.58.178 and 95.141.29.208 and their mining address is here - https://blockchain.info/address/19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs.  they are between 7 and 10% of total hash

It's a hell of a thing if you ask me:)

It's hella better than what appears to be AM circling the drain. .. . and targetting a tech that's going to be almost worthless by january. . . .if anybody else gets product in hand in the next 90 days the AM train is over
donut
Sr. Member
****
Offline Offline

Activity: 251
Merit: 252


View Profile
September 28, 2013, 07:04:03 AM
 #13399

ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?

http://blockorigin.pfoe.be/chart.php
velacreations
Sr. Member
****
Offline Offline

Activity: 476
Merit: 251


View Profile
September 28, 2013, 01:41:26 PM
 #13400

if anybody else gets product in hand in the next 90 days the AM train is over

if I had a bitcoin for every time I saw that on this thread...

Pages: « 1 ... 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 [670] 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 ... 1348 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!