Chalkbot
Legendary

Activity: 896
Merit: 1001
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August 27, 2014, 04:41:10 PM |
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SaintFlow
Sr. Member
  

Activity: 532
Merit: 300
The first is by definition not flawed.
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August 27, 2014, 04:44:32 PM |
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 good old memory of the early days
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2011 seems like yesterday
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JimiQ84
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August 27, 2014, 04:45:32 PM |
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Do I remember correctly that user 67117 on BTCguild is ASICMINER user ID? This user is currently mining with 277TH...
Yes, that's correct. Nice find!
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Franktank
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August 27, 2014, 04:51:58 PM |
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That's HashRatio, one of AM's largest chip buyers.
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Chalkbot
Legendary

Activity: 896
Merit: 1001
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August 27, 2014, 04:53:29 PM |
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That's HashRatio, one of AM's largest chip buyers. It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days.
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hephaist0s
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August 27, 2014, 04:54:36 PM |
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That's HashRatio, one of AM's largest chip buyers. It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days. Holy cow.
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Tips graciously accepted on my behalf by Mr. Pig. | object2212.com | BTC:1H78y8FVeQrWY6KnxA6WLFQGUoajCuiMAu | ETH:0x3c1bC39EC7F3f6b26ACb6eeeEFe7dE2f486a72E9
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hdbuck
Legendary

Activity: 1260
Merit: 1002
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August 27, 2014, 05:06:19 PM |
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That's HashRatio, one of AM's largest chip buyers. It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days. Holy cow. jee.  some info to procrastinate: A week after I visited the last bitcoin mine in northeast China, I was able to arrange a trip to a larger, even more secretive operation. Each warehouse (...) around 3,000 square meters (32,000 ft2) each warehouse took fifteen days to construct, and an additional ten days to fill up with hardware and get it all hashing away. That痴 four completed warehouses, two under construction, and two more waiting to begin construction. The power bill alone for all of this is more than $1,000,000 USD per month.  please tell me AM is involved somehow. 
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xXTMC3Xx
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August 27, 2014, 05:06:38 PM |
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That's HashRatio, one of AM's largest chip buyers. It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days. Seems possible if they have the money and the work force.
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hephaist0s
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August 27, 2014, 05:08:17 PM |
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That's HashRatio, one of AM's largest chip buyers. It is quite staggering. The article claims that they are building new WAREHOUSES every 15 days. Seems possible if they have the money and the work force. At least if it is HashRatio and they are buying chips from AM, that's the next best thing to being an AM project.
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Tips graciously accepted on my behalf by Mr. Pig. | object2212.com | BTC:1H78y8FVeQrWY6KnxA6WLFQGUoajCuiMAu | ETH:0x3c1bC39EC7F3f6b26ACb6eeeEFe7dE2f486a72E9
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bitsalame
Donator
Hero Member

Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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August 27, 2014, 05:15:14 PM |
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 good old memory of the early days Right now AsicMiner is in fourth place in BTCGuild.
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Chalkbot
Legendary

Activity: 896
Merit: 1001
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August 27, 2014, 05:49:50 PM |
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That's HashRatio, one of AM's largest chip buyers.
Thanks for the info Franktank. Can I ask how you know that? Also, do you know anything about how much AM hardware they have or will receive? And finally, which pool (if any) or mining address they mine for? I don't imagine there are too many places in the world that have access to abundant electricity, and building codes that make it possible for you to plop down a new warehouse every two weeks. This means these guys are benefiting from some huge advantages in this space, making it really hard for competing operations to keep up with. I think back to all the articles I've read about so and so planning on building a mining datacenter, that will be fully operational within X months. Everyone 'oohing' and 'aahing' at their magnificence, while in the same span of time, a dozen Chinese guys built 10 of them somewhere without a peep.
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ensurance982
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August 27, 2014, 06:30:11 PM |
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I don't want to 'spoil' everyone's expectations but 277 TH/s don't seem very much today. This is <0.2% of the total network hashrate, we need to scale this up by at least 50-100 times in order to achieve the desired hash rate. But this doesn't say anything about the actual hash rate that is self-mining or mining on another pool.
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We Support Currencies: BTC, LTC, USD, EUR, GBP
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SaintFlow
Sr. Member
  

Activity: 532
Merit: 300
The first is by definition not flawed.
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August 27, 2014, 06:36:06 PM Last edit: August 27, 2014, 06:48:47 PM by SaintFlow |
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if btcguild user 67117 is still Friedcat & Team and this is all Asicminer has running we would be at 277,4 Th/s divided by total of 190520,8 Th/s = 0.00145600900269156963439162548131 OR 0,1456% of Total .... meaning that he would have to multiply his efforts roughly 68 times to come close to his desired 10% of the network - while nobody else moves. do you think he is on other pools, too? does Asicminer really have what it takes to be 10% of the network? this feet was considerably easier when you are the only cat with ASICs and the rest of the world was still GPUs and FPGAs (and some lonely cpu botnets not being mentioned anymore). Opinions. EDIT adding info to hivemind chears ensurance982 277,4 Th/s @ 0,9J/Gh/s we also consume a humble ~250 Kilowatt/s which could be done by a windturbine or ONE diesel generator ( http://www.machinerytrader.com/list/list.aspx?Manu=CATERPILLAR&Mdltxt=250+KW ) what was the wattage of the shenzen facility?
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2011 seems like yesterday
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data
Member


Activity: 84
Merit: 10
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August 27, 2014, 07:15:16 PM |
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Guys, that could be anything, but most certainly is not all of AMs hashing power. They are delivering devices with 8TH/s, so this is ~33 of them, only. Maybe burn-in?
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dhenson
Legendary

Activity: 994
Merit: 1000
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August 27, 2014, 07:21:47 PM |
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Sometimes I feel like this is a forum for toddlers. Sorry to be disrespectful but this is just silly.
That is simply one of AM's Franchisee's. Calm down.
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troc
Newbie

Activity: 22
Merit: 0
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August 27, 2014, 07:25:27 PM |
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Sometimes I feel like this is a forum for toddlers. Sorry to be disrespectful but this is just silly.
That is simply one of AM's Franchisee's. Calm down.
"That" being what ? The hash rate ? Or the farm pics ?
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Nebur
Newbie

Activity: 20
Merit: 0
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August 27, 2014, 07:30:33 PM |
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Sometimes I feel like this is a forum for toddlers. Sorry to be disrespectful but this is just silly.
That is simply one of AM's Franchisee's. Calm down.
"That" being what ? The hash rate ? Or the farm pics ? Farm pics obviously, the btcguild id is AM's own.
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Chalkbot
Legendary

Activity: 896
Merit: 1001
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August 27, 2014, 07:47:25 PM |
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Sometimes I feel like this is a forum for toddlers. Sorry to be disrespectful but this is just silly.
That is simply one of AM's Franchisee's. Calm down.
"That" being what ? The hash rate ? Or the farm pics ? Farm pics obviously, the btcguild id is AM's own. If that's the case, who is acting like toddlers? Nobody said anything except that the farms were impressive, while Franktank established that they were a big AM customer right away. Surely everyone sees it as a positive thing?
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Franktank
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August 27, 2014, 07:53:25 PM |
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That's HashRatio, one of AM's largest chip buyers.
Thanks for the info Franktank. Can I ask how you know that? Also, do you know anything about how much AM hardware they have or will receive? And finally, which pool (if any) or mining address they mine for? I don't imagine there are too many places in the world that have access to abundant electricity, and building codes that make it possible for you to plop down a new warehouse every two weeks. This means these guys are benefiting from some huge advantages in this space, making it really hard for competing operations to keep up with. I think back to all the articles I've read about so and so planning on building a mining datacenter, that will be fully operational within X months. Everyone 'oohing' and 'aahing' at their magnificence, while in the same span of time, a dozen Chinese guys built 10 of them somewhere without a peep. I'm not certain but I posted this back in July: https://bitcointalk.org/index.php?topic=99497.msg7875245#msg7875245
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