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stslimited
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October 20, 2013, 06:31:03 PM |
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so Asicminer is working on a blockchain based exchange, and so is ActiveMining
hmm
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VolanicEruptor
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October 20, 2013, 06:31:38 PM |
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What's the status of the 500 TH of product?
+1 Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours... Anyway thanks for update, we're happy for each piece of information. I find this strangely terrifying.. it's like watching Microsoft selling hot dogs on the street... |
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Lohoris
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October 20, 2013, 06:35:26 PM |
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Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours...
Because they are losing the mining race, but they have noticed there are more avenues where they might still win? I'd say it's a great signal. I mean, great considering how much bad gen2 was. |
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tinus42
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October 20, 2013, 06:39:07 PM |
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What's the status of the 500 TH of product?
+1 Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours... Anyway thanks for update, we're happy for each piece of information. I find this strangely terrifying.. it's like watching Microsoft selling hot dogs on the street... Microsoft began selling BASIC for the Altair and then they moved on to lots of things including selling mice/keyboards and computer games consoles. |
Don't care for Star Wars anymore but am stuck with the avatar
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hak8or
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October 20, 2013, 06:45:46 PM |
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Upcoming scheduled to be happening (in time order):
Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
Payment system out of pre-alpha.
Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).
So I assume that the repricing will result in much cheaper blades? I don't think the block erupters can go for cheaper than $10 each unless you guys just want to drop the stock at loss. Immersion cooling - Will you guys be putting out any real information regarding this later on? I am sure as hell that there are many in the industry who would find good data from this test. Blockchain-based exchange - Now this sounds interesting! Both you guys and AcitveMining are working on this, any way to get into this during your eventual beta phase for someone who doesn't trade much BTC? |
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SmiGueL
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October 20, 2013, 07:52:23 PM |
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Scroll down a few inch, and see they've found 2 blocks.  |
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bitmoon
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October 20, 2013, 07:58:10 PM |
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Scroll down a few inch, and see they've found 2 blocks. true, i had trouble understand the list below, now i know thanks, but it changes nothing AM was dropping out of pie charts and when its in, its 1-3%. soon network 4 peta  , its getting hot to breath. |
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SebastianJu
Legendary
 Offline
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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October 20, 2013, 08:05:33 PM |
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I wonder how many asic owning companies will survive. I guess they will ordere more asics than the network can eat and still remain profitable. So some will die i think.
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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dexX7
Legendary
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Activity: 1106
Merit: 1026
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October 20, 2013, 08:22:51 PM |
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Because they are losing the mining race
Because they lost the mining game On what is this statement based? Because there is no ready-to-ship gen 2 right now and you think that AM's 40 nm chip will be outdated? |
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freedomno1
Legendary
Offline
Activity: 1848
Merit: 1094
Learning the troll avoidance button :)
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October 20, 2013, 08:25:39 PM |
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Quick Update
The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.
Upcoming scheduled to be happening (in time order):
Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
Payment system out of pre-alpha.
Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).
Thanks for the update Also worth noting We are officially back at 2 Billion marketcap now. http://blockchain.info/charts/market-capOf course how long we stay there is another question entirely in the short term but it is nice to see |
Believing in Bitcoins and it's ability to change the world
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Franktank
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October 20, 2013, 08:26:43 PM |
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The biggest thing to take from the update is the blockchain-based exchange. Bitfountain would get trading fees, transaction fees, and the mining income from the block itself. I'm sure asset registration fees would bring in a hefty bunch as well. They could market it as, "As long as the blockchain is still intact, you can maintain your asset."
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moribana
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October 20, 2013, 09:23:18 PM |
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Because they are losing the mining race
Because they lost the mining game On what is this statement based? Because there is no ready-to-ship gen 2 right now and you think that AM's 40 nm chip will be outdated? It is very likely that everybody lost the mining game. Meaning that any investment in mining made now and based on currently available chip technology will most likely not be profitable. |
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bbxx
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October 20, 2013, 09:23:43 PM |
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Great news friedcat!
I am sure that huge pile of bitcoins you have accumulated will be invested right way.
Mining is going to be not so profitable anyway, it is time to focus on exchanges,
Pos terminals, BTC space heaters and bitcoin vending machines.
Now it is good time to take risk of grabbing some more cheap shares !
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bittop100
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October 21, 2013, 12:39:53 AM |
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waiting。。。and waiting
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kmtan
Full Member
Offline
Activity: 196
Merit: 100
I love Bitcoin
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October 21, 2013, 12:40:58 AM |
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Thanks for the update..looking forward for the details report soon..
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starsoccer9
Legendary
Offline
Activity: 1630
Merit: 1000
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October 21, 2013, 01:14:13 AM |
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so he just conveniently does not mention the promised 500 or 1k terahash by end of the year?
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empoweoqwj
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October 21, 2013, 04:54:20 AM |
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The biggest thing to take from the update is the blockchain-based exchange. Bitfountain would get trading fees, transaction fees, and the mining income from the block itself. I'm sure asset registration fees would bring in a hefty bunch as well. They could market it as, "As long as the blockchain is still intact, you can maintain your asset."
Pardon my ignorance, but can you expand on what a "blockchain-based exchange" is? Would be appreciated. What are we exchanging here? |
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empoweoqwj
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October 21, 2013, 05:06:25 AM |
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Great news friedcat!
I am sure that huge pile of bitcoins you have accumulated will be invested right way.
Mining is going to be not so profitable anyway, it is time to focus on exchanges,
Pos terminals, BTC space heaters and bitcoin vending machines.
Now it is good time to take risk of grabbing some more cheap shares !
You know the company isn't looking so hot when I can't tell if this is putrid sarcasm or dead-serious. He's being serious. I only know that because bbxx is an fc bull. Otherwise I couldn' tell at all  |
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bbxx
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October 21, 2013, 05:20:36 AM |
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Great news friedcat!
I am sure that huge pile of bitcoins you have accumulated will be invested right way.
Mining is going to be not so profitable anyway, it is time to focus on exchanges,
Pos terminals, BTC space heaters and bitcoin vending machines.
Now it is good time to take risk of grabbing some more cheap shares !
You know the company isn't looking so hot when I can't tell if this is putrid sarcasm or dead-serious. He's being serious. I only know that because bbxx is an fc bull. Otherwise I couldn' tell at all Lol you are right. I wonder why sarcasm? Here is a list i proposed, tell me wchich one is sercastic 1) blockchain based exchange 2) point of sale terminals 3) bitcoin space heaters with coin slots for pubs/bars etc 4) vending machine bitcoin processing modules  Discuss |
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