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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918526 times)
Zubilica
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February 27, 2014, 06:11:12 PM
 #17341

At the end of the day, there are still uncertainty until we see announcement and things come along.  The recent could be
1) luck
2) friedcat is testing 'sample' miners
Even if things look good, there's always potential for operational issue as you do not control the manufacturing & assembly plant.

Four blocks in 24 hours is consistent with a hashrate of about 500TH/s.
If this is really the case, and not just extreme luck, then the "sample" is about 40000 gen3 chips. Quite a sample!

YEP 500 TH/s or maybe the chips are better than advertised and "under promise , over deliver" is still in progress Smiley
chriswilmer
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February 27, 2014, 06:21:16 PM
 #17342

Yeah... it really just sounds like luck.
Chris_Sabian
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February 27, 2014, 06:41:28 PM
 #17343

Yeah... it really just sounds like luck.

Check back in 72 hours to see.  That way we will get a better idea.
ThickAsThieves
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February 27, 2014, 06:43:58 PM
 #17344


REMINDER: AM1, AM100, and the SMG passthrough will all be controlled by Havelock Investments by March 1st, 2014.

The underlying ASICMINER shares are already in the process of being transferred to 1J5fvfUrDcZj8rrpVHMgn8u7sXee84QkPd --- AMFund@havelockinvestments.com

All AM1,AM100, and SMG(PT) transfer requests and related support requests should be sent to the Havelock from now on.
bitcoin.newsfeed
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February 27, 2014, 06:49:01 PM
 #17345

Guys, I don't want to ruin your little circlejerk party here, but we saw this kind of luck in the past. Its useful to come with conclusion after several days(2+). I personally burn myself once, when I was very exiting awaiting Gen2 and saw this kind of luck.

Haha, you guys are seeing 4 blocks/day and you're so excited about it, that you're writing 2-3pages about it, i don't really want to see what will happen with this thread when Friedcat actually delivers Grin

... Question Everything, Believe Nothing ...
neilol
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February 27, 2014, 06:53:22 PM
 #17346

Guys, I don't want to ruin your little circlejerk party here, but we saw this kind of luck in the past. Its useful to come with conclusion after several days(2+). I personally burn myself once, when I was very exiting awaiting Gen2 and saw this kind of luck.

Haha, you guys are seeing 4 blocks/day and you're so excited about it, that you're writing 2-3pages about it, i don't really want to see what will happen with this thread when Friedcat actually delivers Grin

That's exactly how I took this - wild positive speculation based on no real news. There is going to be a serious squeeze if gen3 delivers at or above expectations. Less and less liquid supply on Havelock as people xfer to direct.




aahzmundus
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February 27, 2014, 07:14:55 PM
 #17347

I sit on Just-Dice a good amount and watch people lose their money, not only that but my background is in psychology.  What we are seeing today could very well be variance, because variance is a bitch.

The other possibility, is that this is old hardware coming online.  Remember several months ago we had huge issues with deployment space, we could be seeing the results of new space opening up, and finally turning hardware on.

Chris_Sabian
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February 27, 2014, 07:24:42 PM
 #17348

AM just found their 5th block in 26 hours!
Zubilica
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February 27, 2014, 07:25:46 PM
 #17349

AM just found their 5th block in 26 hours!

common , it may be luck Smiley))
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February 27, 2014, 07:27:49 PM
 #17350

AM just found their 5th block in 26 hours!

I see no changes to the hashrate could be variance 2% on blocks found in the last 24 hours 1% last 48 hours
https://blockchain.info/pools

Believing in Bitcoins and it's ability to change the world
Kosmatos
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February 27, 2014, 07:35:50 PM
 #17351

AM just found their 5th block in 26 hours!

I see no changes to the hashrate could be variance 2% on blocks found in the last 24 hours 1% last 48 hours
https://blockchain.info/pools

Screw that, this isn't variance, this is MOAR POWAH.

(or it is just luck... which is boring!)
gog1
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February 27, 2014, 07:39:13 PM
 #17352

I think if we find 7 blocks in 2 days, we can definitely all but rule out variance.
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February 27, 2014, 07:40:26 PM
 #17353

I think if we find 7 blocks in 2 days, we can definitely all but rule out variance.

Standing by for 2 more blocks. Holding breath.
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February 27, 2014, 07:46:26 PM
 #17354

AM just found their 5th block in 26 hours!

Don't be delusional, it's just luck  Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

(waiting for 2 more blocks, C'mon)
lunarboy
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February 27, 2014, 08:51:23 PM
 #17355

I think if we find 7 blocks in 2 days, we can definitely all but rule out variance.

Can you ever really rule out variance  Tongue
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February 27, 2014, 09:33:41 PM
 #17356

I think if we find 7 blocks in 2 days, we can definitely all but rule out variance.

Can you ever really rule out variance  Tongue

have you checked out the hashrate increase
http://bitcoin.sipa.be/ a lot of new asic's just came online.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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February 27, 2014, 09:38:37 PM
 #17357

5 blocks in 26 hours is excessively unlikely (~0.008%) without a huge increase in hashing power.
Good times are coming.
Teodor
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February 27, 2014, 09:40:25 PM
 #17358

Good times are coming.
How? I am new here and dont get it? But feel like something good will happen, just don't know what... Huh

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February 27, 2014, 09:42:41 PM
 #17359

best guess would be sample/test chips added so far. it is just impossible for AM to find those 5 blocks with their same hashrate and considering the overall increase of hashing power worldwide.
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February 27, 2014, 09:49:06 PM
 #17360

best guess would be sample/test chips added so far. it is just impossible for AM to find those 5 blocks with their same hashrate and considering the overall increase of hashing power worldwide.

Exactly.
This is much better than an announcement. Hashrate is actually going up.
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