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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3913993 times)
Chalkbot
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August 27, 2014, 05:49:50 PM
 #22421

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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August 27, 2014, 06:30:11 PM
 #22422

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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August 27, 2014, 06:36:06 PM
Last edit: August 27, 2014, 06:48:47 PM by SaintFlow
 #22423

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?


don't let me make you question your assumptions
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August 27, 2014, 07:15:16 PM
 #22424

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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August 27, 2014, 07:21:47 PM
 #22425

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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August 27, 2014, 07:25:27 PM
 #22426

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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August 27, 2014, 07:30:33 PM
 #22427

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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August 27, 2014, 07:47:25 PM
 #22428

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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August 27, 2014, 07:53:25 PM
 #22429

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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August 27, 2014, 07:54:51 PM
 #22430

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?

I mis-read Frank's post and thought he had personal knowledge that the btcguild hashrate was hashratio.

I was referring to the btcguild hash rate being attributed to AM.
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August 27, 2014, 07:57:32 PM
 #22431

I mis-read Frank's post and thought he had personal knowledge that the btcguild hashrate was hashratio.

I was referring to the btcguild hash rate being attributed to AM.

It happens but yes, the user 67117 is (or should be) AM. That was their account on BTCGuild before they went solo, way back when.
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August 27, 2014, 07:58:04 PM
 #22432

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.
I wonder if they keep some hardware on btcguild out of laziness or to make sure other pools work if theirs is failing?
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August 27, 2014, 08:06:24 PM
 #22433

So I guess no dividend in August...  Sad

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August 27, 2014, 08:30:52 PM
 #22434

whatever happened to that 8btc interview been like 5 days
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August 27, 2014, 10:38:23 PM
 #22435

I mis-read Frank's post and thought he had personal knowledge that the btcguild hashrate was hashratio.

I was referring to the btcguild hash rate being attributed to AM.

It happens but yes, the user 67117 is (or should be) AM. That was their account on BTCGuild before they went solo, way back when.

The hashrate appearing on BTCGuild could be from the franchised miners. AM could assign a worker to each franchisee, so all the hashrate AM owns through franchising gets pointed to one place.

It could be AM themselves, rolling out equipment until they get to the point where switching to solo-mining makes sense again. I guess we'll just have to wait and see.


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August 27, 2014, 10:42:09 PM
 #22436

I mis-read Frank's post and thought he had personal knowledge that the btcguild hashrate was hashratio.

I was referring to the btcguild hash rate being attributed to AM.

It happens but yes, the user 67117 is (or should be) AM. That was their account on BTCGuild before they went solo, way back when.

The hashrate appearing on BTCGuild could be from the franchised miners. AM could assign a worker to each franchisee, so all the hashrate AM owns through franchising gets pointed to one place.

It could be AM themselves, rolling out equipment until they get to the point where switching to solo-mining makes sense again. I guess we'll just have to wait and see.

AM uses a calculation to determine how much BTC each franchisee owes them per difficulty adjustment period.  There would be no reason to have them mine to a specific pool/worker address.
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August 27, 2014, 11:00:27 PM
 #22437

I mis-read Frank's post and thought he had personal knowledge that the btcguild hashrate was hashratio.

I was referring to the btcguild hash rate being attributed to AM.

It happens but yes, the user 67117 is (or should be) AM. That was their account on BTCGuild before they went solo, way back when.

The hashrate appearing on BTCGuild could be from the franchised miners. AM could assign a worker to each franchisee, so all the hashrate AM owns through franchising gets pointed to one place.

It could be AM themselves, rolling out equipment until they get to the point where switching to solo-mining makes sense again. I guess we'll just have to wait and see.

AM uses a calculation to determine how much BTC each franchisee owes them per difficulty adjustment period.  There would be no reason to have them mine to a specific pool/worker address.

Wasn't aware of that. I'd imagine it's actually them then.


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August 28, 2014, 05:14:35 AM
 #22438

whatever happened to that 8btc interview been like 5 days

I asked that yesterday apparently no response yet unless I'm messing up the interviews lol.

sent a PM to hl5460 asking when they were expecting to have the interview up (wasn't trying to rush them, just wanted to know if it was going to be like the bitell interview/non-interview).

Quote
Our guy just came back to the office this morning. We will rush him to produce the feedbacks.

Just curious if they got back to you yet since it's been a day kind of curious since the last few interview dates went by but no one knew where they were released from.


I haven't tried to contact them again and they haven't sent anything else to me.
Give them a couple of days to write/edit whatever. Don't know how long it normally takes.


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August 28, 2014, 05:45:41 AM
 #22439

This would now be the second interview that gathered questions, had a date for the interview... then the date passes and nothing.  Did Bitell (or whatever it was) ever publish their interview?

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August 28, 2014, 06:04:33 AM
 #22440

This would now be the second interview that gathered questions, had a date for the interview... then the date passes and nothing.  Did Bitell (or whatever it was) ever publish their interview?

I have a feeling bitell just assumed they were going to be able to interview friedcat when they had the Shenzen meetup. But never really confirmed it with him.
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