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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918319 times)
vortex1878
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March 29, 2014, 03:56:06 PM
 #18201

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book Wink

Well, actually, is it just me or is Havelock barely moving? I can only see 8 trades since the announcement, and one of them sold some shares Huh Tongue

Well... The trading page is not loading completely (at least for me). I don't get to the order mask.

And that sale... I guess somebody was so excited that by mistake he sold instead of buying. Cheesy
minerpumpkin
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March 29, 2014, 04:01:09 PM
 #18202

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book Wink

Well, actually, is it just me or is Havelock barely moving? I can only see 8 trades since the announcement, and one of them sold some shares Huh Tongue

Well... The trading page is not loading completely (at least for me). I don't get to the order mask.

And that sale... I guess somebody was so excited that by mistake he sold instead of buying. Cheesy

Yeah, it's definitely lagging! It seems it just needs some time, so don't hit reload prematurely! (I just want everyone to be able to buy, I've already finished my portfolio over the past couple of months and am now raving around my apartment)

I should have gotten into Bitcoin back in 1992...
necro_nemesis
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March 29, 2014, 04:03:22 PM
 #18203

Cloudflare has had issues not to mention being the target in the past of a massive DDoS attack. I'm thinking the trouble lies somewhere within them.
arousedrhino
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March 29, 2014, 04:09:20 PM
 #18204

Trying to buy more shares on havelock, I think they need a few more servers...

In the mean time I am celebrating with some good music: https://www.youtube.com/watch?v=fZfg1Gtcg08

As far as last weeks dividends are, there are contractual obligations to consider.  Although I trust FC (although I do have a tenancy to panic) there is something to be said for how long he has kept to a specific schedule, until recently.  Trustworthy people in bitcoin are hard to come by, and it is these little details that matter.

Some large holders may be looking to diversify after the first few big payments of divs, and try to sell off some shares.  This little, but recent, blemish on the record may have an impact on people being able to sell shares.

But all and all... FRIEDCAT FOR PRESIDENT!

Where in the prospectis does it state wed divs? I looked and cannot find it. Its states that dividens from the profits will be paid to shareholders with no specificity of the day.
VolanicEruptor
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March 29, 2014, 04:13:38 PM
 #18205

there is definitely action with havelock, cloudflare is just showing an old cached version.  Make sure to click "retry to live site".  Once in awhile it works.

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March 29, 2014, 04:33:41 PM
 #18206

Thanks for the update friedcat, looking forward to hearing more.

Keep up the good work.
ujka
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March 29, 2014, 04:40:42 PM
 #18207

...
Where in the prospectis does it state wed divs? I looked and cannot find it. Its states that dividens from the profits will be paid to shareholders with no specificity of the day.
Back from GLBSE days:
Quote
About the Company
ASICMINER is a GLBSE-listed partner company of the
Bitfountain IC company registered in China. After the fully issuing of
ASICMINER shares, each one of ASICMINER and Bitfountain controls 50% power to
make decisions and shares 50% of the total profits, but the ASICMINER investors
will first get 100% of the total profits until they have their principals paid
back. After the first payment, the dividends will always be paid weekly in each
Wednesday of Beijing time
.
dexX7
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March 29, 2014, 04:41:51 PM
 #18208

Can somebody explain what the functionality tests are?
And What's the next?
They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)


KS
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March 29, 2014, 04:45:14 PM
 #18209

nubbins?
houseofchill
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March 29, 2014, 05:14:27 PM
 #18210

That's a relief. Congratulations friedcat!
Franktank
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March 29, 2014, 05:20:19 PM
 #18211

So about Gen 4 or Gen 5 R&D...
chriswilmer
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March 29, 2014, 05:22:37 PM
 #18212

So about Gen 4 or Gen 5 R&D...

Heh, seriously a good question
Franktank
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March 29, 2014, 05:34:14 PM
 #18213

So about Gen 4 or Gen 5 R&D...

Heh, seriously a good question

This generation of ASICs is starting to fill out (via AM, KnC, BitFury, Avalon, etc) but I wonder if the 40 nm chip will last us until the next block halving. If so, is 3 years enough time for R&D for next gen to maximize ASIC efficiency when it's 12.5 BTC a block?
jimmothy
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March 29, 2014, 05:39:51 PM
 #18214

This generation of ASICs is starting to fill out (via AM, KnC, BitFury, Avalon, etc) but I wonder if the 40 nm chip will last us until the next block halving. If so, is 3 years enough time for R&D for next gen to maximize ASIC efficiency when it's 12.5 BTC a block?

40nm will likely not be used for gen4. Im guessing 16nm will be out by then so AM will use 20nm (to save money/time)

If the 40 chip can reach 0.2 w/gh a 20nm could possibly reach 0.1 w/gh
romerun
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March 29, 2014, 05:47:12 PM
 #18215

Has anyone been following the mining industry cares to summarize AM competitors on what do they have and what are they planing to have?
romang
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March 29, 2014, 05:51:18 PM
 #18216

Has anyone been following the mining industry cares to summarize AM competitors on what do they have and what are they planing to have?

Looks like no one

Chris_Sabian
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March 29, 2014, 05:53:33 PM
 #18217

Update

The chips passed the functionality tests.

This is excellent news!

Congratulations to the AM Team
KS
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March 29, 2014, 06:05:55 PM
 #18218

Has anyone been following the mining industry cares to summarize AM competitors on what do they have and what are they planing to have?

There's a few lined up, too much stuff for a single post, but tl;dr: AM is competitive with Gen3. Next year will be a whole other story, when the competition will have had time to catch up or do a decent 28nm design (20nm will probably suck as far as 20nm should go, like 28nm started by not outperforming 55nm).
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March 29, 2014, 06:55:01 PM
 #18219

good news indeed Smiley
finally, this 6 words news pushed AM price up.
quick question tho, now we *know chips passed functionality test, what's the next move or news we should be waiting for? how long shall it take? another month? or will we just see loads of btc floading AM adress from sales?
Caesium
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March 29, 2014, 07:01:04 PM
 #18220

good news indeed Smiley
finally, this 6 words news pushed AM price up.
quick question tho, now we *know chips passed functionality test, what's the next move or news we should be waiting for? how long shall it take? another month? or will we just see loads of btc floading AM adress from sales?

Can somebody explain what the functionality tests are?
And What's the next?
They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)

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