ASICMINER: Entering the Future of ASIC Mining by Inventing It

[spartan82]

damn theres going to be some tough times ahead, hopefully we pull through back on top again in the new year

[empoweoqwj]

damn theres going to be some tough times ahead, hopefully we pull through back on top again in the new year

Certainly going to be some lower share prices ahead, that's 99.9% sure!!

[hyperiond]

Well looks like the dividends are on the decrease all the way up until gen3 release. I dont suppose any more hardware will be added to AM's mining operation in the meantime?

I don't think they will be able to maintain what they have.  If you look at http://erpao.info/ and zoom out to a month, you'll see the hash rate stepping down.  Note that this is not the "effective estimated hashrate" calculated by the blocks they mine. This is the actual measured hashrate of the data center.

If you click on the "Servers" tab, you'll see a lot of red servers.  Subtract actual from expected and you find 162 missing blades at 16GH/s each.  That adds up to about 2.5TH/s that is missing.  Subtract that from the 48TH/s that I am accustomed to seeing there and you arrive at the 45.5TH/s that the graph shows as current.

I speculate that they don't have the hardware to replace the bad blades and thus dividends will drop at a faster rate than expected because not only is our hash rate as a percentage of the network dropping, our hash rate as an absolute value is dropping as well.

That, of course, seems completely contradicted by the current lucky run we are on right now as we *just* found our fourth block of the day.

Oh, well...

[MilkyLep]

Certainly going to be some lower share prices ahead, that's 99.9% sure!!

Nope. That's it until Gen3. It will be a cold hard winter.

Even though I may agree with you, there's no need to try so hard. 

[mumchristmas]

Does any else missing dividend this week(12/18)?

Apart of my shares, which dividend successful last week, didn't pay out today.

Should I send FC an email for this?

[jimmothy]

Well looks like the dividends are on the decrease all the way up until gen3 release. I dont suppose any more hardware will be added to AM's mining operation in the meantime?

I don't think they will be able to maintain what they have.  If you look at http://erpao.info/ and zoom out to a month, you'll see the hash rate stepping down.  Note that this is not the "effective estimated hashrate" calculated by the blocks they mine. This is the actual measured hashrate of the data center.

If you click on the "Servers" tab, you'll see a lot of red servers.  Subtract actual from expected and you find 162 missing blades at 16GH/s each.  That adds up to about 2.5TH/s that is missing.  Subtract that from the 48TH/s that I am accustomed to seeing there and you arrive at the 45.5TH/s that the graph shows as current.

I speculate that they don't have the hardware to replace the bad blades and thus dividends will drop at a faster rate than expected because not only is our hash rate as a percentage of the network dropping, our hash rate as an absolute value is dropping as well.

That, of course, seems completely contradicted by the current lucky run we are on right now as we *just* found our fourth block of the day.

Oh, well...

That hashrate is for one of the datacenters but not all if I remember correct.

[hyperiond]

... http://erpao.info/ ...

That hashrate is for one of the datacenters but not all if I remember correct.

It doesn't account for franchise miners but every coinbase transaction that has deposited to the ASICMiner mining address has shown up on there.  Although, I guess it is possible to report blocks from other centers but not the hashrate.

I don't think we have had any real confirmation that that site is really from ASICMiner at all.  It appears legit, but I can't remember friedcat confirming it.

[freedomno1]

Does any else missing dividend this week(12/18)?

Apart of my shares, which dividend successful last week, didn't pay out today.

Should I send FC an email for this?

Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit

[empoweoqwj]

Certainly going to be some lower share prices ahead, that's 99.9% sure!!

Nope. That's it until Gen3. It will be a cold hard winter.

Even though I may agree with you, there's no need to try so hard. 

I'm not trying hard at all. Its going to be a long hard winter for AM shareholders, including me. Just a sad fact.

[mumchristmas]

Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit

No, I'm pretty sure that's all direct shares.
Works great for weeks. But something wrong on this time.

Just mailed FC. Hope they can fix it.

[empoweoqwj]

Weren't we supposed to get dividends last night, or am I a day out?

[empoweoqwj]

My shares are at havelock - other people seem to have been paid, but I've had nothing. Anyone else not get paid by havelock yet?

[ujka]

My shares are at havelock - other people seem to have been paid, but I've had nothing. Anyone else not get paid by havelock yet?

No, not yet. Last dividend on Havelock is still as of 2013-12-11.

[101111]

Any news or even rumours  from FC's investor meeting during the week?

[swordking]

My shares are at havelock - other people seem to have been paid, but I've had nothing. Anyone else not get paid by havelock yet?

No, not yet. Last dividend on Havelock is still as of 2013-12-11.

Where is our dividend? is not pay on 12-18 on Havelock.
My shares in 796.com already got yesterday.

[empoweoqwj]

Just a delay, got an email back from havelock support:

--------------------
Hello,
 
We usually send out Dividends weekly every Wednesday.
 
There was a delay yesterday and the dividends should be today.
 
We apologize for the delay.
 
Thank you,
 -----------------------

[reactor]

Your only point appears to be "gloom and doom" - so people don't sell mining equipment on eBay, I'm so shattered by this news ..... all industries mature and just have a  few big players. That's just what happens. Deal with it.

My point is that the industry is killing itself.  I think you underestimate the importance of the hardware aftermarket - altcoins generally aren't worth squat, look at how people flocked to PeerCoin and upped the diff there astronomically when it "caught on".  Same happens to any sha-based coin that hits exchanges in any form.  So for any reasonable ROI on most hardware you need the aftermarket.  Right now, folks are pushing towards things that can't really catch-on in the aftermarket, like a Neptune or an AMC.  Those are investments, big ones, for a market that is continually gouging itself from every direction.  

"all industries mature and just have a few big players. That's just what happens. Deal with it."

We're figuring out how to "deal with it".  Right now the community has responded with-

Shares in someone else's hardware => not worthwhile.  
Shares in AM => so far, not worthwhile.  
Anything shipping in auctions/group buys => not worth the BTC you spend.

What's left are the big players.  They're going big, very big, f' the community big.  Most of the people are currently invested in BTC will likely leave because you can't afford new hardware and nothing is worth the BTC you'd spend on it for partial ownership.  And any industry needs the peons, needs the folks who buy usb sticks on eBay, needs the customers.  

Right now we're hoping that our current "doom and gloom" outlook is wrong, but none of the "big players" are doing anything to encourage a healthy future for this side of BTC.  

[ThickAsThieves]

AM1 and AM100 dividends will come today, don't worry folks, just a bit behind.

[Chris_Sabian]

AM1 and AM100 dividends will come today, don't worry folks, just a bit behind.

Thanks for the update.  I was starting to get a little worried so I checked the forum...

[minerpumpkin]

AM1 and AM100 dividends will come today, don't worry folks, just a bit behind.

Received all dividends, thank you!