ASICMINER: Entering the Future of ASIC Mining by Inventing It

[KarmaShark]

10 BTC for every 7 blocks - my math says that's almost 12PH. Good!

10 BTC per hour is  13 PH.
fixed for you  

I am dreaming about what 60PH+ can do in returns.......Please be the real deal here Fried Cat. Would make for a hell of a whiplash on the orderbooks too.

[drasted]

blockchain.info marks the sending address as BTC Guild. AMs account (67117) on BTCGuild is still sitting around the same hashrate it's been at for the last month or so (270,868.32 GH/s). Just a little confused on what might be happening here.

[rudi]

blockchain.info marks the sending address as BTC Guild. AMs account (67117) on BTCGuild is still sitting around the same hashrate it's been at for the last month or so (270,868.32 GH/s). Just a little confused on what might be happening here.

Also, there is no user on BTCGuild even approaching the estimated 13PH:
https://www.btcguild.com/index.php?page=rankings

[Bonam]

blockchain.info marks the sending address as BTC Guild. AMs account (67117) on BTCGuild is still sitting around the same hashrate it's been at for the last month or so (270,868.32 GH/s). Just a little confused on what might be happening here.

The very exact value of 10 BTC each time also suggests it's not just mining income, which would vary by at least a small fraction of a bitcoin from payout to payout.

[jdany]

blockchain.info marks the sending address as BTC Guild. AMs account (67117) on BTCGuild is still sitting around the same hashrate it's been at for the last month or so (270,868.32 GH/s). Just a little confused on what might be happening here.

The very exact value of 10 BTC each time also suggests it's not just mining income, which would vary by at least a small fraction of a bitcoin from payout to payout.

That just means they have their payout set at 10BTC, and it is accumulating at least 10BTC within an hours time.

[lophie]

Apparently someone on havelock disagree with you guys, Good buying power on havelock, buy buy buy to da mooooon!

[empoweoqwj]

Apparently someone on havelock disagree with you guys, Good buying power on havelock, buy buy buy to da mooooon!

They've bought 4 shares. Hardly earth shattering 

[hdbuck]

blockchain.info marks the sending address as BTC Guild. AMs account (67117) on BTCGuild is still sitting around the same hashrate it's been at for the last month or so (270,868.32 GH/s). Just a little confused on what might be happening here.

The very exact value of 10 BTC each time also suggests it's not just mining income, which would vary by at least a small fraction of a bitcoin from payout to payout.

That just means they have their payout set at 10BTC, and it is accumulating at least 10BTC within an hours time.

exactly! nom nom nom

[dmcdad]

Although looking at BTCGuild's block find history it doesn't look like it has found blocks in every hour that we've seen the 10 BTC deposits occur. Some hours more than 1 block is found, but in some of the hours no blocks were found (but the 10 BTC still transferred).

I've never used BTCGuild before though; can anyone familiar with their payout options explain what might be occurring?

[lophie]

Although looking at BTCGuild's block find history it doesn't look like it has found blocks in every hour that we've seen the 10 BTC deposits occur. Some hours more than 1 block is found, but in some of the hours no blocks were found (but the 10 BTC still transferred).

I've never used BTCGuild before though; can anyone familiar with their payout options explain what might be occurring?

omg! its being hacked!

[lophie]

Apparently someone on havelock disagree with you guys, Good buying power on havelock, buy buy buy to da mooooon!

They've bought 4 shares. Hardly earth shattering 

now if down to 0.17, there is almost 700 shares on the book!!!!. I personally consider this "thick"

[hdbuck]

Apparently someone on havelock disagree with you guys, Good buying power on havelock, buy buy buy to da mooooon!

They've bought 4 shares. Hardly earth shattering  

now if down to 0.17, there is almost 700 shares on the book!!!!. I personally consider this "thick"

100BTC buy order

something is surely happening.. love the action! ^^

[jjdub7]

Apparently someone on havelock disagree with you guys, Good buying power on havelock, buy buy buy to da mooooon!

They've bought 4 shares. Hardly earth shattering  

now if down to 0.17, there is almost 700 shares on the book!!!!. I personally consider this "thick"

100BTC buy order

something is surely happening.. love the action! ^^

Someone surely has insider info.  This is what's characteristically wrong with the current investor PR situation.  Either that, or someone just wanted in reallllll bad.

[KarmaShark]

Although looking at BTCGuild's block find history it doesn't look like it has found blocks in every hour that we've seen the 10 BTC deposits occur. Some hours more than 1 block is found, but in some of the hours no blocks were found (but the 10 BTC still transferred).

I've never used BTCGuild before though; can anyone familiar with their payout options explain what might be occurring?

You can set the payout to a certain amount for a certain time interval.
In this case it is set to 10 BTC paid every hour, as long as the balance is big enough.

If I am understanding correctly here, AM is then hashing away on BTCGuild under another alias in addition to the old account? And that would explain the 10BTC withdrawals out of there?

[Fortega]

Apparently someone on havelock disagree with you guys, Good buying power on havelock, buy buy buy to da mooooon!

And you are blaming me for trying to push the price up?? :-p

[dmcdad]

In this case it is set to 10 BTC paid every hour, as long as the balance is big enough.

Got it. So the big unknown then is how big the balance is. Based on the block find rate on BTCGuild, I'm pretty sure it is wrong to assume AM has 13 PH.

[feifa]

blockchain.info marks the sending address as BTC Guild. AMs account (67117) on BTCGuild is still sitting around the same hashrate it's been at for the last month or so (270,868.32 GH/s). Just a little confused on what might be happening here.

The very exact value of 10 BTC each time also suggests it's not just mining income, which would vary by at least a small fraction of a bitcoin from payout to payout.

That just means they have their payout set at 10BTC, and it is accumulating at least 10BTC within an hours time.

exactly! nom nom nom

Fly. Don't forget FC said that AM begun mining in middle July.
AM's hashrate could not be less than 15PH.

[chriswilmer]

This is pretty exciting! (at least, given the relative quiet of the past 6 months)

[jjdub7]

In this case it is set to 10 BTC paid every hour, as long as the balance is big enough.

Got it. So the big unknown then is how big the balance is. Based on the block find rate on BTCGuild, I'm pretty sure it is wrong to assume AM has 13 PH.

They had 60 PH worth of chips, and the only reason they'd sell chips is if the margin on the sale exceeded revenues from using the chips for mining.  Use the example of stock futures, replacing "futures" with "chips" and "stock" with "BTC".  So in the end, a good measure of how profitable a chip manufacturer/seller is would be a "reseller ratio" of mining+sales over the equivalent mining output for the quantity of chips over a period of time (note that this would neglect added, responsive hashrate by competing miners).

Can we add this metric to any shareholder communications policies that are put in place in the future?  It would be interesting to see this ratio for each generation of chips that are produced.

[freedomno1]

This is pretty exciting! (at least, given the relative quiet of the past 6 months)

True enough just enjoying the standby myself and waiting to see what happens
Patiently awaits delivery