ASICMINER: Entering the Future of ASIC Mining by Inventing It

[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

[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 

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

Whatever, up is good. But we've been to 0.30 btc and back again all too frequently. be nice if this rise was based on some "facts"

[KarmaShark]

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"

Whatever, up is good. But we've been to 0.30 btc and back again all too frequently. be nice if this rise was based on some "facts"

Oh, what I would give for some good, old fashioned 'facts' to cap off a good Thursday so far. If the past is any indication, that will not come to us until FC himself makes that fateful post "Dinner's served".

[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"

Whatever, up is good. But we've been to 0.30 btc and back again all too frequently. be nice if this rise was based on some "facts"

fact: AM's historical mining address keeps stacking BTC. About 123 up to now. nom nom nom  ^^
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

edit: so AM indeed started mining from july (at least on btcguild) and did not processed any withdrawals... Until now, with a 10 BTC threshold every hour. Question is... How many btc they have been accumulating? 

[Swordsoffreedom]

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"

Whatever, up is good. But we've been to 0.30 btc and back again all too frequently. be nice if this rise was based on some "facts"

fact: AM's historical mining address keeps stacking BTC. About 123 up to now. nom nom nom  ^^
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

10 more Bitcoins with only 8 confirms
Nom nom nom indeed

At a pace of 10 BTC an hour the tease ^^.

[EternalWingsofGod]

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.

Hard to tell what is going on but assuming the payout address keeps accumulating at this rate till next Wednesday it will be a significant dividend
One can dream since payouts tended to be on Wednesday
Until then we have to wait for FC to say something.

[JimiQ84]

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.

Hard to tell what is going on but assuming the payout address keeps accumulating at this rate till next Wednesday it will be a significant dividend
One can dream since payouts tended to be on Wednesday
Until then we have to wait for FC to say something.

if it is real (online hashing, not accumulated from previous weeks) then it would be 13PH/s. Which is nice  

[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"

Whatever, up is good. But we've been to 0.30 btc and back again all too frequently. be nice if this rise was based on some "facts"

fact: AM's historical mining address keeps stacking BTC. About 123 up to now. nom nom nom  ^^
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

edit: so AM indeed started mining from july (at least on btcguild) and did not processed any withdrawals... Until now, with a 10 BTC threshold every hour. Question is... How many btc they have been accumulating?  

Lol you think its only been on Guild?  Remember how the tubes could only work on GHash when they started out?  Remember how GHash was absolutely dominant for so long and has since been replaced by Discus Fish?  Methinks friedcat may have been putting a piece of the mine on GHash for a time because of the 0% fee...

The payouts from Guild might very well be just the residual from mining since the last divs were paid out using the last gen's chips.  Or can anyone confirm - was Guild one of the original pools that the tube/related hardware from gen3 could mine on?

[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"

Whatever, up is good. But we've been to 0.30 btc and back again all too frequently. be nice if this rise was based on some "facts"

fact: AM's historical mining address keeps stacking BTC. About 123 up to now. nom nom nom  ^^
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

edit: so AM indeed started mining from july (at least on btcguild) and did not processed any withdrawals... Until now, with a 10 BTC threshold every hour. Question is... How many btc they have been accumulating? 

Lol you think its only been on Guild?  Remember how the tubes could only work on GHash when they started out?  Remember how GHash was absolutely dominant for so long and has since been replaced by Discus Fish?  Methinks friedcat may have been putting a piece of the mine on GHash for a time because of the 0% fee...

The payouts from Guild might very well be just the residual from mining since the last divs were paid out using the last gen's chips.  Or can anyone confirm - was Guild one of the original pools that the tube/related hardware from gen3 could mine on?

Hum whatever. Nom nom nom

[jjdub7]

fact: AM's historical mining address keeps stacking BTC. About 123 up to now. nom nom nom  ^^
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

edit: so AM indeed started mining from july (at least on btcguild) and did not processed any withdrawals... Until now, with a 10 BTC threshold every hour. Question is... How many btc they have been accumulating? 

"Lol you think its only been on Guild..."

Hum whatever. Nom nom nom

No, I agree - they've obviously been doing work via BTCGuild, but geez, imagine if this level of revenue starts coming in from other pools too

[Swordsoffreedom]

No, I agree - they've obviously been doing work via BTCGuild, but geez, imagine if this level of revenue starts coming in from other pools too

That would be a delicious stockpile, like waiting for a gourmet meal for a few hours
Usually worth it because it tastes damn good 

[jdany]

does btcguild limit 10btc per withdrawl on the topside?
im assuming they do.