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minerpumpkin
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January 13, 2014, 04:23:17 PM |
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When was the tapeout announcement due? 14th was it?
Tapeout is supposed to take place on the 20th. I hope FC also announces whether it was successful a few days later... |
I should have gotten into Bitcoin back in 1992...
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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empoweoqwj
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January 13, 2014, 04:41:37 PM |
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It was announced so long ago we've all forgotten lol
20th rings a bell but that's because FC normally reports on the 20th ... normally ... thought the tapeout was happening before that.
Anyone got a link to the FC announcement?
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papiraul
Newbie
 Offline
Activity: 16
Merit: 0
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January 13, 2014, 04:44:20 PM |
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It was announced so long ago we've all forgotten lol
20th rings a bell but that's because FC normally reports on the 20th ... normally ... thought the tapeout was happening before that.
Anyone got a link to the FC announcement?
Update
PR & Communications
We understand that transparency and communication to shareholders and the public needs improvement. We are in the process of identifying a dedicated employee for this. We will issue bi-weekly reports for shareholders and improve response time for questions.
Next Gen Chips
The projected time of taping out of Gen3 is January 20. Power consumption target estimation is <0.2W per G on low power mode and <0.2$ per G on wafer cost. Please notice that the timeline is of course subject to change/adjust, and the estimation on power and cost is also based on software tool/simulation results.
Current Hardware Sales
The number of cubes left for sale/deployment is 9000. About 1/3 are ordered already. All older devices (USBs/new blades) are sold out.
G.ASICMINER
If nothing unexpected happens, Ukyo will provide a shareholder list to Friedcat on Dec 1, for direct shares.
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empoweoqwj
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January 13, 2014, 05:20:16 PM |
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When was the tapeout announcement due? 14th was it?
Tapeout is supposed to take place on the 20th. I hope FC also announces whether it was successful a few days later... You win the prize for remembering correctly  Darned - at least another 6 days to wait before we get any news .... |
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Gabit
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January 13, 2014, 07:08:29 PM |
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lol. Gimme a better one? Have you ever looked Apples fucked up projects? They out number their successes 10:1.
If you want to give a number, give a number which makes sense, or provide data to back it up. |
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empoweoqwj
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January 13, 2014, 07:13:57 PM |
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lol. Gimme a better one? Have you ever looked Apples fucked up projects? They out number their successes 10:1.
If you want to give a number, give a number which makes sense, or provide data to back it up. Dude - this isn't an Apple thread. We really don't care how many Apple products have failed or succeeded. |
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101111
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January 14, 2014, 03:17:55 AM |
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FWIW, and this is mining in general not AM specific: from http://www.vcpost.com/articles/20752/20140113/top-10-predictions-bitcoin-2014-source.htm"2. Mining 'will not' be dead A lot of press notes and individual viewpoints state that mining is dead as we are already in the petahash domain and are restricted by Moore's law from a technological stand point. I believed this until I heard Butterfly Labs and HighBitcoin talk about how enterprises can potential adopt mining. With transactions and transaction fees rising, it would be highly profitable for large enterprises to have data centers with mining equipment to process daily transactions. The medium enterprises, who cannot invest in capital expenditure, would resort to cloud based mining. Finally, the small enterprises would have to pay the transaction fees, to the network. This fees would still be lower than in comparison to Visa and Mastercard. In conclusion, we can potentially witness investment from large and medium enterprises in mining farms as early as the end of 2014." |
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empoweoqwj
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January 14, 2014, 03:21:18 AM |
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FWIW, and this is mining in general not AM specific: from http://www.vcpost.com/articles/20752/20140113/top-10-predictions-bitcoin-2014-source.htm"2. Mining 'will not' be dead A lot of press notes and individual viewpoints state that mining is dead as we are already in the petahash domain and are restricted by Moore's law from a technological stand point. I believed this until I heard Butterfly Labs and HighBitcoin talk about how enterprises can potential adopt mining. With transactions and transaction fees rising, it would be highly profitable for large enterprises to have data centers with mining equipment to process daily transactions. The medium enterprises, who cannot invest in capital expenditure, would resort to cloud based mining. Finally, the small enterprises would have to pay the transaction fees, to the network. This fees would still be lower than in comparison to Visa and Mastercard. In conclusion, we can potentially witness investment from large and medium enterprises in mining farms as early as the end of 2014." If bitcoin takes off in a shopping sense in 2014 (Overstock now, possibly NewEgg soon, then who knows who else), the dream of earning significant BTC from transaction fees could finally start looking like a reality. Just need some hardware first |
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tempestb
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January 14, 2014, 07:21:03 PM |
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It's a cart before the horse thing. You need to have the higher transaction fees in place before anyone will invest in the hardware to earn from them. (Assuming that is their only intention. Not to be confused with the miners who do both mining and earn transaction fees.)
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1D7JwRnoungL1YQy7sJMsqmA8BHkPcKGDJ
We mine as we dream... Alone
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Lohoris
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January 14, 2014, 09:11:58 PM |
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It's a cart before the horse thing. You need to have the higher transaction fees in place before anyone will invest in the hardware to earn from them. (Assuming that is their only intention. Not to be confused with the miners who do both mining and earn transaction fees.)
wat? Every miner earns the base reward + the transaction fees when it solves a block. They are not distinct. |
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phantitox
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January 14, 2014, 11:10:48 PM |
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so i was away from the whole btc scene, is asicminer share still paying dividens? cause i have like 2 or 3 shares i dont remember very well, but what happend with this?
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jimmothy
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January 14, 2014, 11:14:21 PM |
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so i was away from the whole btc scene, is asicminer share still paying dividens? cause i have like 2 or 3 shares i dont remember very well, but what happend with this?
Yes. Weekly on Wednesdays |
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empoweoqwj
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January 15, 2014, 01:42:21 AM |
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It's a cart before the horse thing. You need to have the higher transaction fees in place before anyone will invest in the hardware to earn from them. (Assuming that is their only intention. Not to be confused with the miners who do both mining and earn transaction fees.)
There aren't any miners that "just do transaction fees". Everyone already does both mining and transaction fees. The two are not seperable. |
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lophie
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January 15, 2014, 07:26:33 AM |
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Guys where did you get all that info about AM and what is this fuss is all about Friedcat hasnt released any update recently.....  I want to jump back in but I dont see this "big" update everyone is talking about? links? hints?  thank you |
Will take me a while to climb up again, But where is a will, there is a way...
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101111
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January 15, 2014, 11:00:54 AM |
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Guys where did you get all that info about AM and what is this fuss is all about Friedcat hasnt released any update recently..... I want to jump back in but I dont see this "big" update everyone is talking about? links? hints? thank you Not sure what you're referring to, there's no update yet, tapeout is expected 20th. |
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bambou
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January 15, 2014, 11:10:40 AM |
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Guys where did you get all that info about AM and what is this fuss is all about Friedcat hasnt released any update recently..... I want to jump back in but I dont see this "big" update everyone is talking about? links? hints? thank you Not sure what you're referring to, there's no update yet, tapeout is expected 20th. basically nothing will happen, or at least FC wont give any update about it (or later than expected) and everybody will panic sell so the price goes back to 0,25 and i will buy more edit: more seriously, any idea about the divs today? |
Non inultus premor
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spartan82
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January 15, 2014, 01:26:43 PM |
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Guys where did you get all that info about AM and what is this fuss is all about Friedcat hasnt released any update recently..... I want to jump back in but I dont see this "big" update everyone is talking about? links? hints? thank you Not sure what you're referring to, there's no update yet, tapeout is expected 20th. basically nothing will happen, or at least FC wont give any update about it (or later than expected) and everybody will panic sell so the price goes back to 0,25 and i will buy more edit: more seriously, any idea about the divs today? Getting lower and lower while the share price gets higher and higher? lol |
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minerpumpkin
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January 15, 2014, 01:53:07 PM |
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basically nothing will happen, or at least FC wont give any update about it (or later than expected) and everybody will panic sell so the price goes back to 0,25 and i will buy more edit: more seriously, any idea about the divs today? Getting lower and lower while the share price gets higher and higher? lol Well, the mining income is on last week's level. Almost exactly. Even 0.2 BTC higher, but this is 0,1%, so negligible. The dividend now depends on the sales income FC adds to it. We'd, again, need 112 BTC of that to achieve last week's level. |
I should have gotten into Bitcoin back in 1992...
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