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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1001. (Read 3917568 times)

full member
Activity: 131
Merit: 100
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

Didn´t he say they wanted 20% of the network and stay there. Maybe already stocking up now, as BFL seems finally about to ship bigger units.

I believe friedcat made an early conservative estimate that he would be able to hold onto 10% of the network, but that was months ago, and before it became clear that Avalon and BFL couldn't reach the scale of production as quickly as ASICMINER has been able to. I do not recall him making any adjustments to his conservative goal of 10%, however that said, it's clear that he's doing the best he can for shareholders.

Do consider that if difficulty goes up 20% on the next difficulty increase that means they have to increase hashing by 20%, that get's harder and harder to deploy as we're already talking huge amounts of HW. IE: 31TH to 37.2TH, which is basically 600 Blockerupter boards in 10 days, or 60 boards a day. Mmm. This is doable if they have the datacenter space, cooling, networking and power in place, but keeping up with difficulty is going to get harder and harder. (Bear in mind they are already managing 3100 blockerupter boards in their mining farm!!)

My gut feeling, is that they'll only be able to build so many datacenters so fast, and will likely steer a larger percentage of their hardware production towards sales. (And will steer more HW to mining as datacenters come online.)

Damn what an awesome problem to have! (Please note all numbers are approximations.)

-helixone

hero member
Activity: 854
Merit: 1000
Bitcoin: The People's Bailout
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

two words: holy shit

This is no small achievement.

All those guys that had their bitcoins tied up with BFL pre-orders must be kicking themselves over and over wishing they had put those bitcoins towards AM shares.  Sad
legendary
Activity: 1022
Merit: 1000
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!
I more certain to buy more shares
hero member
Activity: 784
Merit: 504
Dream become broken often
I think AM should get 40% of network n just hold it there Cheesy why not? btc guild had that spot for awhile now...its AM turn Smiley
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

Didn´t he say they wanted 20% of the network and stay there. Maybe already stocking up now, as BFL seems finally about to ship bigger units.

Maybe with other ASICS coming online ASICMINER decided that it is better to have more % of the network so we can withstand the decrease in % and catch up to the increasing hashrate of non ASICMINER?
member
Activity: 118
Merit: 10
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

Didn´t he say they wanted 20% of the network and stay there. Maybe already stocking up now, as BFL seems finally about to ship bigger units.
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

A new chapter begins.

ASIC Hashrace first recorded on Tuesday 11th of June
hero member
Activity: 617
Merit: 559
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

A new chapter begins.
legendary
Activity: 1806
Merit: 1003
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!

two words: holy shit

This is no small achievement.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Runeks, love your chart!  Would it be possible to adjust your second chart, or add a new one, so that there is an overlay of the previous week(s)?  Basically I want to easily at a glance see if we are doing better or worse then last week without having to hover over the line and count the days.  Donations incoming after I get my next divs (spent last weeks on hookers and blow already) as I realize I look at your chart daily, and I have yet to donate to you!
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
put it on the 6th gear, and let the good times roll
hero member
Activity: 560
Merit: 500
ASICMiner has overtaken BTCGuild and 50BTC to be the largest mining "pool" (as of this post's time stamp)!!!

http://blockchain.info/pools

Shareholders rejoice!!
hero member
Activity: 588
Merit: 500

They are no fried cats and that is why the next gen chips would smoke those chips out of the hash race. Cheesy

It looks more like a Fried-ngzhang
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
donator
Activity: 294
Merit: 250
Has anyone had a share transfer done by friedcat recently? I've been waiting four days now on a half-decent sized one, I know they're busy and there are better things they can be doing with their time, but it sucks not knowing if it will take another day or another week. Lots of money at stake with the BTC price volatility.  Sad

I'm not going to waste friedcat's time by messaging him again or anything, but I'm hoping that perhaps other folks can tell me approximately how long transfers have been taking recently.

thanks

My last ones took approx. 32 hours, completed yesterday.

Thanks! Great to hear, hopefully mine will be processed soon.   Smiley
hero member
Activity: 518
Merit: 500
Has anyone had a share transfer done by friedcat recently? I've been waiting four days now on a half-decent sized one, I know they're busy and there are better things they can be doing with their time, but it sucks not knowing if it will take another day or another week. Lots of money at stake with the BTC price volatility.  Sad

I'm not going to waste friedcat's time by messaging him again or anything, but I'm hoping that perhaps other folks can tell me approximately how long transfers have been taking recently.

thanks

pm him again to ask if the transferring is done for your xfer, i think he forgot to confirm some that were done.
hero member
Activity: 491
Merit: 500
Has anyone had a share transfer done by friedcat recently? I've been waiting four days now on a half-decent sized one, I know they're busy and there are better things they can be doing with their time, but it sucks not knowing if it will take another day or another week. Lots of money at stake with the BTC price volatility.  Sad

I'm not going to waste friedcat's time by messaging him again or anything, but I'm hoping that perhaps other folks can tell me approximately how long transfers have been taking recently.

thanks

My last ones took approx. 32 hours, completed yesterday.
donator
Activity: 294
Merit: 250
Has anyone had a share transfer done by friedcat recently? I've been waiting four days now on a half-decent sized one, I know they're busy and there are better things they can be doing with their time, but it sucks not knowing if it will take another day or another week. Lots of money at stake with the BTC price volatility.  Sad

I'm not going to waste friedcat's time by messaging him again or anything, but I'm hoping that perhaps other folks can tell me approximately how long transfers have been taking recently.

thanks
legendary
Activity: 980
Merit: 1008
My estimates support an increase in solo hash rate as well:

http://runeks.dk/bitcoin/



Although it could just be luck, it would be solo mining luck combined with extreme pool mining bad luck.

As you can see, the 24-hour average has jumped like this on a couple of occasions previously, but it's an all-time-high for all averages (24-hour, 3-day, 7-day and all-time).
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