Bitcoin Forum
April 06, 2020, 04:08:20 PM *
News: Latest Bitcoin Core release: 0.19.1 [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.

Pages: « 1 ... 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 [854] 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901586 times)
nycgoat
Member
**
Offline Offline

Activity: 117
Merit: 10


View Profile
February 12, 2014, 01:15:36 PM
 #17061

Divs are out: 0.00038072
1586189300
Hero Member
*
Offline Offline

Posts: 1586189300

View Profile Personal Message (Offline)

Ignore
1586189300
Reply with quote  #2

1586189300
Report to moderator
1586189300
Hero Member
*
Offline Offline

Posts: 1586189300

View Profile Personal Message (Offline)

Ignore
1586189300
Reply with quote  #2

1586189300
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1586189300
Hero Member
*
Offline Offline

Posts: 1586189300

View Profile Personal Message (Offline)

Ignore
1586189300
Reply with quote  #2

1586189300
Report to moderator
Caesium
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500


View Profile
February 12, 2014, 01:19:01 PM
 #17062

Divs are out: 0.00038072

Confirmed.

Tired of annoying signature ads? Ad block for signatures
aahzmundus
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Invest & Earn: https://cloudthink.io


View Profile
February 12, 2014, 01:42:04 PM
 #17063

Lets see how this transaction goes... first link in the chain has yet to be confirmed, my QT client does not even see my transaction yet... but I can see it on blockchain.info.

empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
February 12, 2014, 02:01:28 PM
 #17064

Divs are out: 0.00038072

Getting paid quicker every week. Prefer getting larger every week but need to wait a bit for that Smiley
Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
February 12, 2014, 02:51:26 PM
 #17065

Lets see how this transaction goes... first link in the chain has yet to be confirmed, my QT client does not even see my transaction yet... but I can see it on blockchain.info.

I'm in the same position.
donut
Sr. Member
****
Offline Offline

Activity: 244
Merit: 250


View Profile
February 12, 2014, 05:59:56 PM
 #17066

My payment is in a tx about 15 transactions down the unconfirmed chain.

I feel like this might get screwed up.
ujka
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
February 12, 2014, 07:08:16 PM
 #17067

My payment is in a tx about 15 transactions down the unconfirmed chain.

I feel like this might get screwed up.
Transactions are getting confirmed, but since included tx fees are less then recommended, priority for including those tx in a block is not very high. But they are comming through.
neilol
Sr. Member
****
Offline Offline

Activity: 302
Merit: 250


View Profile
February 12, 2014, 07:09:45 PM
 #17068

My payment is in a tx about 15 transactions down the unconfirmed chain.

I feel like this might get screwed up.

Still unconfirmed here as well

dmcdad
Sr. Member
****
Offline Offline

Activity: 302
Merit: 250



View Profile
February 13, 2014, 01:40:04 AM
 #17069

Not sure if others are still having problems, but mine confirmed here. There was a several hour delay on one of them, but that isn't unusual for AM dividend payouts.
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
February 13, 2014, 01:54:59 AM
 #17070

Havelock paid about 30 minutes ago, so I presume they must have have gotten confirmed payment from AM
aahzmundus
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


Invest & Earn: https://cloudthink.io


View Profile
February 13, 2014, 02:46:01 AM
 #17071

Looks like all divs are confirmed at least 45 times, I was not expecting things to go this well all things considered.

Good news coming out of AM, Divs were a little higher this week, divs confirmed with little issue, overall news for bitcoin in general is positive.  I see the share price going up quite a bit the next few months.

willBTC
Full Member
***
Offline Offline

Activity: 134
Merit: 100


View Profile
February 13, 2014, 02:56:20 PM
 #17072

I have a question : the third-generation chip's payment considering USD and Bitcoins.   What if Friedcat would receive huge of USDs,  then How Friedcat pay shareholders Bitcoins ?  To buy huge Bitcoins in the market will certainly be hard .

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
ASICMINERTUBE
         The Best $/Gh Bitcoin Miner So Far              Discover now!
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ning
Full Member
***
Offline Offline

Activity: 173
Merit: 100



View Profile
February 13, 2014, 04:01:40 PM
 #17073

I have a question : the third-generation chip's payment considering USD and Bitcoins.   What if Friedcat would receive huge of USDs,  then How Friedcat pay shareholders Bitcoins ?  To buy huge Bitcoins in the market will certainly be hard .

As a mining related company, buying Bitcoins from the market in order to pay out the dividends doesn't sound very plausible. However, I think in the case of receiving predominantly US dollars, the less hassle way for AM to do is to just keep the dollars for future use. As for long time investors, this might not be much of a problem (subjective opinion). Also, please note that, using Bitcoin as payment method has the advantage of being instant (relative to international wire transfers), and this advantage can be critical since chip buyers would normally expect their new ASICs to be shipped fast. Together with franchising, which generates Bitcoin revenue, we should be good.
canth
Legendary
*
Offline Offline

Activity: 1442
Merit: 1000



View Profile
February 13, 2014, 04:11:34 PM
 #17074

Looks like all divs are confirmed at least 45 times, I was not expecting things to go this well all things considered.

Good news coming out of AM, Divs were a little higher this week, divs confirmed with little issue, overall news for bitcoin in general is positive.  I see the share price going up quite a bit the next few months.

AFAIK, there have not been any reports of problems sending BTC transactions with confirmed coins. Someone please point out if I've missed problems in that scenario. The only potential issue would be if friedcat were using a bitcoin client (like QT) which allowed him to send unconfirmed coins sent to the change address and he didn't wait for the change transactions to be confirmed.

Or am I missing something about the malleable tx 'flaw'?

bitcoin.newsfeed
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
February 13, 2014, 04:42:57 PM
 #17075

AFAIK, there have not been any reports of problems sending BTC transactions with confirmed coins. Someone please point out if I've missed problems in that scenario. The only potential issue would be if friedcat were using a bitcoin client (like QT) which allowed him to send unconfirmed coins sent to the change address and he didn't wait for the change transactions to be confirmed.

Or am I missing something about the malleable tx 'flaw'?

I think you're right. AM is safe. I am watching on-going discussion and awaiting fix soon :

Code:
https://github.com/bitcoin/bitcoin/pull/3656

... Question Everything, Believe Nothing ...
buck19
Newbie
*
Offline Offline

Activity: 23
Merit: 0



View Profile
February 13, 2014, 06:26:36 PM
 #17076

I have a question : the third-generation chip's payment considering USD and Bitcoins.   What if Friedcat would receive huge of USDs,  then How Friedcat pay shareholders Bitcoins ?  To buy huge Bitcoins in the market will certainly be hard .

As a mining related company, buying Bitcoins from the market in order to pay out the dividends doesn't sound very plausible. However, I think in the case of receiving predominantly US dollars, the less hassle way for AM to do is to just keep the dollars for future use. As for long time investors, this might not be much of a problem (subjective opinion). Also, please note that, using Bitcoin as payment method has the advantage of being instant (relative to international wire transfers), and this advantage can be critical since chip buyers would normally expect their new ASICs to be shipped fast. Together with franchising, which generates Bitcoin revenue, we should be good.
I really don't see ASICMiner accepting dollars in payment. Cash, check, credit card? LOL.

From what I've been reading, AM would name a price for gen 3 chips in USD but accept payment in the equivalent amount of BTC. So, as the BTCUSD rate goes up, the hardware becomes cheaper in BTC.

In order to maximize BTC dividends, hope for the current low exchange rate (Bitstamp is at $630) to continue...
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


A pumpkin mines 27 hours a night


View Profile
February 13, 2014, 07:09:10 PM
 #17077

I have a question : the third-generation chip's payment considering USD and Bitcoins.   What if Friedcat would receive huge of USDs,  then How Friedcat pay shareholders Bitcoins ?  To buy huge Bitcoins in the market will certainly be hard .

As a mining related company, buying Bitcoins from the market in order to pay out the dividends doesn't sound very plausible. However, I think in the case of receiving predominantly US dollars, the less hassle way for AM to do is to just keep the dollars for future use. As for long time investors, this might not be much of a problem (subjective opinion). Also, please note that, using Bitcoin as payment method has the advantage of being instant (relative to international wire transfers), and this advantage can be critical since chip buyers would normally expect their new ASICs to be shipped fast. Together with franchising, which generates Bitcoin revenue, we should be good.
I really don't see ASICMiner accepting dollars in payment. Cash, check, credit card? LOL.

From what I've been reading, AM would name a price for gen 3 chips in USD but accept payment in the equivalent amount of BTC. So, as the BTCUSD rate goes up, the hardware becomes cheaper in BTC.

In order to maximize BTC dividends, hope for the current low exchange rate (Bitstamp is at $630) to continue...

These problems have been addressed by friedcat in his latest statement: https://bitcointalk.org/index.php?topic=99497.msg5025133#msg5025133

I should have gotten into Bitcoin back in 1992...
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
February 14, 2014, 05:50:02 AM
 #17078

Just a warning - I've just had my havelock account hacked and all my AM1 shares stolen, and money withdrawn from account.

I had both 2FA enabled, and login from my own country, Thailand. The thief managed to bypass both of those somehow.

I'm devastated right now - I have asked havelock if they can do anything about it ....

That is why price has gone down at havelock - someone sold my 150 shares and then withdrawn the bitcoins.

All withdrawn to: 18jURpZJjcpdp8Utdf9tePVY4VGK84DmUy
romerun
Legendary
*
Offline Offline

Activity: 1078
Merit: 1001


Bitcoin is new, makes sense to hodl.


View Profile
February 14, 2014, 06:00:44 AM
 #17079

are you using windows?
empoweoqwj
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
February 14, 2014, 06:04:39 AM
 #17080

nope - Mac - and no, I didn't install that "Stealth Bit" malware
Pages: « 1 ... 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 [854] 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 ... 1348 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!