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finlof
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November 06, 2013, 03:12:18 PM |
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incoming...
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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velacreations
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November 06, 2013, 03:15:49 PM |
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looks like div will be around .0028 or so
0.00290692
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binaryFate
Legendary
 Offline
Activity: 1484
Merit: 1003
Still wild and free
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November 06, 2013, 03:18:17 PM |
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0.00290692
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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robix
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November 06, 2013, 03:28:38 PM |
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Hmmm. An update would be appropriate. |
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bitcoin.newsfeed
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November 06, 2013, 03:29:47 PM |
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Mabsark I think that your prediction about ASICminer back then was pretty dumb, here's why :
So you said that the mining company which made a promise for shareholders to hold minimum 10% of the network and is mining 2520 BTC/week with another stream of 2000+ BTC from sales/growing franchises is paying steady div min 0.0113 (actually it was in range 0.015-0.03 for 3 months) and considering the share price of 2.50 BTC with APR in range 20%-60% is vastly overpriced? I don't get it !
* I think that the only reason, why AM lost 10%+ of the network(which caused lower divs and then share price) is massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)
So I believe that the Friedcat & Co., is doing everything right to get the job done with gen3 ... otherwise we're all fucked.
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... Question Everything, Believe Nothing ...
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101111
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November 06, 2013, 03:33:56 PM |
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At least this week's div is higher than last weeks in $ terms  (by my rough calc 78c v 74c) |
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velacreations
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November 06, 2013, 03:37:21 PM |
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Mabsark I think that your prediction about ASICminer back then was pretty dumb, here's why :
So you said that the mining company which made a promise for shareholders to hold minimum 10% of the network and is mining 2520 BTC/week with another stream of 2000+ BTC from sales/growing franchises is paying steady div min 0.0113 (actually it was in range 0.015-0.03 for 3 months) and considering the share price of 2.50 BTC with APR in range 20%-60% is vastly overpriced? I don't get it !
what he's trying to say is that he was right, because the share price fell a month or so after his prediction. The problem with this, is that he was very wrong, first, as the share price climbed considerably (and also divs) after his prediction. If someone says "a share price will drop" they will always be right, if given a long enough timeline. But, in the short term, it is very possible for them to be wrong (as is the case with Mabsark). |
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prancing_around
Newbie
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Activity: 30
Merit: 0
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November 06, 2013, 03:38:25 PM |
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Bitcoin price going through the roof has to be very good for AM, I'd wager that AM has more bitcoins than most of the other mining companies combined. In fact, AM is probably one of the largest holders of bitcoins worldwide.
Is there a rough figure for how many bitcoins AM has?
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Elokane
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November 06, 2013, 03:40:32 PM |
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* I think that the only reason, why AM lost 10%+ of the network(which caused lower divs and then share price) is massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)
Are you suggesting that there's a relation between these failures? |
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binaryFate
Legendary
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Activity: 1484
Merit: 1003
Still wild and free
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November 06, 2013, 03:46:28 PM |
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...
massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)
* BFL didn't fail in the chip design, but in everything else * LabCoin I believe never intended to design anything, so I'd call it a plain scam rather than a failure * Cointerra, why do you think they failed? * HashFast, BTCGARDEN: I didn't follow the stories that much. If anybody could summarize in two lines what's up with them... I thought HashFast at least seemed on track not long ago? |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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adara
Member
Offline
Activity: 102
Merit: 10
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November 06, 2013, 04:00:04 PM |
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Wow, that was low div again, as expected.
Here you have a company with profits declining around 20% weekly.
Not a good management of its earlier success. Even with new announcements that rate of decline is a disaster.
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finlof
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November 06, 2013, 04:09:54 PM |
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...
massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)
* BFL didn't fail in the chip design, but in everything else * LabCoin I believe never intended to design anything, so I'd call it a plain scam rather than a failure * Cointerra, why do you think they failed? * HashFast, BTCGARDEN: I didn't follow the stories that much. If anybody could summarize in two lines what's up with them... I thought HashFast at least seemed on track not long ago? BFL did fail in the chip design. thats what ended up taking so long to deliver. they either werent able to produce a working chip or kept trying to make their chip meet the power specs they originally released. |
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bitcoin.newsfeed
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November 06, 2013, 04:25:11 PM |
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* I think that the only reason, why AM lost 10%+ of the network(which caused lower divs and then share price) is massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)
Are you suggesting that there's a relation between these failures? Could be, why not. We don't have official news, so it's worth thinking about. I think some of them are cooperating behind the curtains. Especially those in China. It may not be wrong at all. Friedcat said "We met with two other groups making 65/55nm in China interested in collaboration", also from BTCGARDEN FAQ site "We also had some contacts with them(AM) through either IM tools or in person". ... BTCGARDEN fail : " our ASIC miner hardware is suffering a very big BUG,here it is" https://bitcointalk.org/index.php?topic=321928.msg3448394#msg3448394In the same time AM Gen2 fail & In the same time Cointerra *fired their whole R&D team https://bitcointalk.org/index.php?topic=267552.msg3495875#msg3495875I don't follow HashFast but i read somewhere that they have some 2months delays or what ... and no comment about Labcoin, i think they are also from China. |
... Question Everything, Believe Nothing ...
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dvdrewritable
Member
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Activity: 280
Merit: 13
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November 06, 2013, 04:32:31 PM
Last edit: November 07, 2013, 02:06:45 AM by dvdrewritable |
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attached few cube photos   price show around as 1.68/1.78 |
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adara
Member
Offline
Activity: 102
Merit: 10
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November 06, 2013, 04:36:33 PM |
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* I think that the only reason, why AM lost 10%+ of the network(which caused lower divs and then share price) is massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)
Are you suggesting that there's a relation between these failures? Could be, why not. We don't have official news, so it's worth thinking about. I think some of them are cooperating behind the curtains. Especially those in China. It may not be wrong at all. Friedcat said "We met with two other groups making 65/55nm in China interested in collaboration", also from BTCGARDEN FAQ site "We also had some contacts with them(AM) through either IM tools or in person". ... BTCGARDEN fail : " our ASIC miner hardware is suffering a very big BUG,here it is" https://bitcointalk.org/index.php?topic=321928.msg3448394#msg3448394In the same time AM Gen2 fail & In the same time Cointerra *fired their whole R&D team https://bitcointalk.org/index.php?topic=267552.msg3495875#msg3495875I don't follow HashFast but i read somewhere that they have some 2months delays or what ... and no comment about Labcoin, i think they are also from China. Seems like Bitfury is eating everybody's lunch at this point in time. No doubt it will be an interesting race to follow. |
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Bargraphics
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November 06, 2013, 04:57:08 PM |
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* I think that the only reason, why AM lost 10%+ of the network(which caused lower divs and then share price) is massive failure in Gen2 chip design which hit the whole mining industry, not just ASICminer (look at Cointerra, HashFast, BTCGARDEN, BFL and LabCoin)
Are you suggesting that there's a relation between these failures? Could be, why not. We don't have official news, so it's worth thinking about. I think some of them are cooperating behind the curtains. Especially those in China. It may not be wrong at all. Friedcat said "We met with two other groups making 65/55nm in China interested in collaboration", also from BTCGARDEN FAQ site "We also had some contacts with them(AM) through either IM tools or in person". ... BTCGARDEN fail : " our ASIC miner hardware is suffering a very big BUG,here it is" https://bitcointalk.org/index.php?topic=321928.msg3448394#msg3448394In the same time AM Gen2 fail & In the same time Cointerra *fired their whole R&D team https://bitcointalk.org/index.php?topic=267552.msg3495875#msg3495875I don't follow HashFast but i read somewhere that they have some 2months delays or what ... and no comment about Labcoin, i think they are also from China. Seems like Bitfury is eating everybody's lunch at this point in time. No doubt it will be an interesting race to follow. Currently almost 70% of all Bitcoins mined today are being created upon KnCMiner hardware, distributed to customers in over 120 countries globally. |
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bitcoin.newsfeed
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November 06, 2013, 04:58:02 PM |
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Seems like Bitfury is eating everybody's lunch at this point in time. No doubt it will be an interesting race to follow.
Yes. And meanwhile they are developing their gen2 chip ... with massive influx of funds from 20%(official) of network and without responsibilities to any shareholder. |
... Question Everything, Believe Nothing ...
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aahzmundus
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November 06, 2013, 05:22:05 PM
Last edit: November 06, 2013, 07:03:33 PM by aahzmundus |
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Currently almost 70% of all Bitcoins mined today are being created upon KnCMiner hardware, distributed to customers in over 120 countries globally. ... Does KnC still plan to stop shipping sometime to let their customers get ROI? If they hold to that, could be a interesting self imposed fall from the top for them. |
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Puppet
Legendary
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Activity: 980
Merit: 1040
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November 06, 2013, 07:34:44 PM |
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Sounds like a firmware issue to me, not a big deal. Its not like KnC didnt have those. & In the same time Cointerra *fired their whole R&D team Dont be silly. They are hiring for the next generation chip, 20/16nm. Hiring: Lead Physical Design Engineer for Next Gen ASIC
..
Knowledge on latest technology node (FinFETs, 20nm, 16nm) is a plus |
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