KarmaShark
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August 19, 2014, 03:18:38 PM |
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We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.
In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).
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jjdub7
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August 19, 2014, 03:32:03 PM |
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We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.
In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).
+1 why not AM build a public hashrate pool? The affiliates can join this pool, then the pool will be big enough to attract outsiders. Our dividends will include the fees, at least AM's affiliates don't need to pay the fee to other pools.
Yep, they should. Even with a pool fee for outsiders of something small like 0.1%, this would begin to offset electrical costs for hosting the servers, etc and of the overall operation. And its a much smaller fee than most pools, so I'm sure you'd start to see some pull-back from other pools as people switched. It would also make the AM pool larger, decreasing the variance between blocks (and therefore should add value to the share price in this manner).
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Chris_Sabian
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Activity: 896
Merit: 1001
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August 19, 2014, 03:43:33 PM |
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We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.
In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).
Let's just hope that fireworks are beautiful and not explosions of terror.
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Mabsark
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August 19, 2014, 04:08:02 PM |
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Yep, they should. Even with a pool fee for outsiders of something small like 0.1%, this would begin to offset electrical costs for hosting the servers, etc and of the overall operation. And its a much smaller fee than most pools, so I'm sure you'd start to see some pull-back from other pools as people switched. It would also make the AM pool larger, decreasing the variance between blocks (and therefore should add value to the share price in this manner).
I created a poll recently about what method people would prefer AM to use for mining.The results are currently as follows: P2P = 36.4% Solo-mining = 34.5% Own pool = 29.1% Already established pool = 0%
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gog1
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August 19, 2014, 04:54:57 PM |
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We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.
In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).
What's AM's power cost? Is it significantly better than the competition?
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Franktank
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August 19, 2014, 05:08:08 PM |
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From the Hardware thread: 1. The miner can not directly run with f2pool. If you want to mine on f2pool, you need a PC or a raspberry PI with a mining proxy. The ethernet controller needs to be pointed to the proxy instead of the pool.
2. We now offer the shipping of fully assembled devices. If you need them to be shipped as a whole please specify in your order. We still prefer separate shipping though, because it will reduce the potential shipping damage significantly.
3. The ethernet controller needs a 12V 1A DC input. You could either use a separate AC/DC for it, or wire one directly from your PSU for the hashing boards.
4. Shipping to countries outside mainland China is free.
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chairforce1
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August 19, 2014, 09:43:11 PM |
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Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
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Death is nothing to us, since when we are, death has not come, and when death has come, we are not. #yolo
-Epicuru$
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stompysteve
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August 19, 2014, 10:06:34 PM |
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Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
I think people are reluctant to buy miners when the hashrate keeps flying up
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dropt
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August 19, 2014, 10:17:14 PM |
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Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
I think people are reluctant to buy miners when the hashrate keeps flying up Also there may be some hesitation due to efficiency. It'd be nice to see what could be done chasing efficiency with the BE200 instead of max HR.
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aahzmundus
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August 20, 2014, 12:28:41 AM |
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Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
I think people are reluctant to buy miners when the hashrate keeps flying up Also there may be some hesitation due to efficiency. It'd be nice to see what could be done chasing efficiency with the BE200 instead of max HR. I think the lack of first hand English information on Asicminer is to blame, I mean... most all the information you can find on the company is in this thread... for most people that looks shady as fuck. Sure most people in the know consider AM the best mining company in existence in terms of how they have conducted themselves relative to competition... but the PR game is only now being addressed. Another issue for me at least was that FC wants to sell lots of units, I am still debating on buying one right now from Canary... or waiting till the difficulty goes up and people are dumping them. I mostly want one just to sit on my desk because they look sexy as fuck!
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hdbuck
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August 20, 2014, 12:36:44 AM Last edit: August 20, 2014, 02:51:31 AM by hdbuck |
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I dont get it, the website is a total mess. How can you offer miners worldwide without a proper version in both chinese and english (+ with some sort of basic 'basket' payement system!)? Wtf do they only sell via PMs and emails?!
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BitHub
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August 20, 2014, 12:59:19 AM |
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i recommend buying the asicminer.co domain from me and turning it into a proper site.
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hl5460
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news.8btc.com
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August 20, 2014, 02:37:07 AM |
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8btc will conduct an exclusive interview with FC/Asicminer lately. Please leave your questions for FC/Asicminer in this--> thread.
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Chris_Sabian
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August 20, 2014, 02:59:58 AM |
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8btc will conduct an exclusive interview with FC/Asicminer lately. Please leave your questions for FC/Asicminer in this--> thread. When will the interview take place? Will it be a video interview or text?
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chairforce1
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August 20, 2014, 03:30:36 AM |
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So I received mine today & finished assembling them. When powered on I can get it to identify all 4 boards. However only 1 or 2 will mine. The board that mines isn't always #1. It seems to be random (after mining for approx 10 minutes Asics on the good board start to go bad). The dip switches are done correctly. How they are powered isn't the issue. Originally was using a 1200w psu. Added another 850 with each board having 2 pci-e. Didn't make a difference. Have also used different controllers. Any ideas or something that I am missing? Have tried 3 of 10 with same results so far
This is the first one I've now heard of out in the wild. Glad to see a short time between paying and having the miner in hand. Seems like this customer is experiencing a problem though.
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Death is nothing to us, since when we are, death has not come, and when death has come, we are not. #yolo
-Epicuru$
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stompysteve
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August 20, 2014, 03:40:16 AM |
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I dont get it, the website is a total mess. How can you offer miners worldwide without a proper version in both chinese and english (+ with some sort of basic 'basket' payement system!)? Wtf do they only sell via PMs and emails?!
their "english" site is not cutting it that would be neat if they had a cart system that was easy to use on there though or at least if another reseller set one up
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hl5460
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Activity: 1621
Merit: 1000
news.8btc.com
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August 20, 2014, 04:19:30 AM |
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8btc will conduct an exclusive interview with FC/Asicminer lately. Please leave your questions for FC/Asicminer in this--> thread. When will the interview take place? Will it be a video interview or text? There will be a closed miner meeting and a public btcers meetup in Guangzhou around 23rd August. That's when and how.
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stompysteve
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August 20, 2014, 04:29:01 AM |
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8btc will conduct an exclusive interview with FC/Asicminer lately. Please leave your questions for FC/Asicminer in this--> thread. did that bitell inverview not happen or is this it
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Another User
Member
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August 20, 2014, 04:58:02 AM |
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You know what, everyone's right. Fuck selling the miners or setting up the farm, we want the interview instead! That's what is really important! Who cares about BTC when we can get friedcat to say a few words, right?!
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RoadStress Sock Puppet
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freedomno1
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Learning the troll avoidance button :)
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August 20, 2014, 05:02:24 AM |
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Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
I think people are reluctant to buy miners when the hashrate keeps flying up Also there may be some hesitation due to efficiency. It'd be nice to see what could be done chasing efficiency with the BE200 instead of max HR. I think the lack of first hand English information on Asicminer is to blame, I mean... most all the information you can find on the company is in this thread... for most people that looks shady as fuck. Sure most people in the know consider AM the best mining company in existence in terms of how they have conducted themselves relative to competition... but the PR game is only now being addressed. Another issue for me at least was that FC wants to sell lots of units, I am still debating on buying one right now from Canary... or waiting till the difficulty goes up and people are dumping them. I mostly want one just to sit on my desk because they look sexy as fuck! Theres nothing wrong with an expensive sexy looking paper weight Aaaz It's like the USB stick can't do a damn for hashing anymore but it sure is pretty and maybe someday a collectible item. If the hashrate is going to skyrocket best to side with Asicminer if a person is going to stay on the sidelines in the mining sphere. And I support the idea of Asicminer hosting its own mining pool with the hashrate they have and the number of clients rather than paying any fees it would be good to have a service that provides mining for its own userbase and for other interested parties.
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Believing in Bitcoins and it's ability to change the world
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