ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1016.

CanadianGuy

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Quote from: tkone on June 05, 2013, 10:59:31 PM

really though, its not like our satoshi or dividends are going to dissapear poof! lol
they are on the way, just takes time to get confirmations,

Have some sympathy please. He probably just sold his kids LAST 8 BALL of crack just to buy asicminer shares and he's desperate for just a bump. Some peoples dividends disappear right up their nose, so 6/7 days they are wiggin out. it's NOT their fault! Roll Eyes

vesper39

member

Activity: 114

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what if you live dividend to dividend and a delay in confirmations means no funds for rent.

tkone

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really though, its not like our satoshi or dividends are going to dissapear poof! lol
they are on the way, just takes time to get confirmations,

CanadianGuy

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Quote from: SolidG on June 05, 2013, 10:30:12 PM

Quote from: rdponticelli on June 05, 2013, 10:07:32 PM

This is the first transaction of a chain of 7 non-standard unconfirmed transactions which has to be confirmed before the dividends can be confirmed. That payment script is a mess, and the satoshis are making a storm of dust. Undecided

Well i hope this gets sorted out soon because it is near the end of the day and I haven't received my satoshis or dividends yet... Cry

Is there any way you can get a loan before tomorrow so you don't starve to death? Maybe go on welfare for the night?

SolidG

newbie

Activity: 16

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Quote from: rdponticelli on June 05, 2013, 10:07:32 PM

This is the first transaction of a chain of 7 non-standard unconfirmed transactions which has to be confirmed before the dividends can be confirmed. That payment script is a mess, and the satoshis are making a storm of dust. Undecided

Well i hope this gets sorted out soon because it is near the end of the day and I haven't received my satoshis or dividends yet... Cry

rdponticelli

sr. member

Activity: 325

Merit: 250

Our highest capital is the Confidence we build.

This is the first transaction of a chain of 7 non-standard unconfirmed transactions which has to be confirmed before the dividends can be confirmed. That payment script is a mess, and the satoshis are making a storm of dust. Undecided

Morblias

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Quote from: stripykitteh on June 05, 2013, 10:16:58 AM

0.03814687!

Thank you friedcat!!!

stripykitteh

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Quote from: romerun on June 05, 2013, 09:35:58 PM

Competition heats up. Those bitfury / kncminer things look so legit, but question is why don't they mine it themselves, or selling share IPO crowd mining as asicminer instead of preorder scam crap. If they turn out real, what could be friedcat moves ?

Bitfury are also producing hardware for 100TH so they will be mining, in a way. They are expected to test their engineering batch next week.

friedcat has already announced (look it up in his digest) that AM's next-gen will be 65nm as well, though it is not publicly known how far down that track AM are (if it gets deployed straight to the solo mine it might remain a secret for some time).

rdponticelli

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Our highest capital is the Confidence we build.

Quote from: stripykitteh on June 05, 2013, 09:44:00 PM

Quote from: Pierre on June 05, 2013, 09:38:08 PM

Question: The dividend transaction

http://blockchain.info/tx/0c0285296a17750cbaaf4ade4882020d66b0d2878c1188c0ef8448a6814aa030

is still not confirmed after many hours. Can't ASICMiner just include these transactions in their own mined blocks and force the confirmations sooner? Why wait?

My understanding is that coins from new blocks can't be spent until 100 other blocks are generated. You can't issue confirmations for your own blocks, basically.

Maturity was the issue the last two weeks, but not now. Now the problem is just the mess of the satoshis transactions being rejected due to the low fee and low outputs, and causing a horrible chaining of unconfirmed transactions... Undecided

Really, please, stop the shatoshis madness...

stripykitteh

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Quote from: Pierre on June 05, 2013, 09:38:08 PM

Question: The dividend transaction

http://blockchain.info/tx/0c0285296a17750cbaaf4ade4882020d66b0d2878c1188c0ef8448a6814aa030

is still not confirmed after many hours. Can't ASICMiner just include these transactions in their own mined blocks and force the confirmations sooner? Why wait?

My understanding is that coins from new blocks can't be spent until 100 other blocks are generated. You can't issue confirmations for your own blocks, basically.

lophie

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Unlimited Free Crypto

Quote from: Pierre on June 05, 2013, 09:38:08 PM

Question: The dividend transaction

http://blockchain.info/tx/0c0285296a17750cbaaf4ade4882020d66b0d2878c1188c0ef8448a6814aa030

is still not confirmed after many hours. Can't ASICMiner just include these transactions in their own mined blocks and force the confirmations sooner? Why wait?

Maturity of mined coins.

Pierre

full member

Activity: 207

Merit: 100

Question: The dividend transaction

http://blockchain.info/tx/0c0285296a17750cbaaf4ade4882020d66b0d2878c1188c0ef8448a6814aa030

is still not confirmed after many hours. Can't ASICMiner just include these transactions in their own mined blocks and force the confirmations sooner? Why wait?

lophie

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I just read the BFL for ASICMINER two pages ago and I would like to add my take on this. I got myself a BFL single 60GH for 18.2BTC with some of my ASICMINER "dividends" instead of buying more shares (of course I did with most of the rest of the divs!).

The idea was, as a miner, it doesn't matter how profitable ASICMINER as a whole it is just how much hashing power it provides per share. The extra point here is ASICMINER is increasing mining power per share, and doing it easier, faster and cheaper than other companies do. Plus the hardware sells of course.

Now as a diversification attempt I got myself 18.2BTC/60GHps=3.296703297GHps per BTC, It was a gamble on the future that BFL would not be "that" late that 1 share of asicminer would reach 3.296703297*2.4=7.912087912 GHps before the mining device arrive and I start hashing with it, of course I accounted for the divs happening in that time.

If this gamble were in my favor it would be more profitable that I got that miner instead of buying "more" asicminer shares with those 18.2BTC.

This is what I did. Please tell me where I am fundamentally flawed and I deserve to be "deeply fried" <-(got the reference Wink

)

romerun

legendary

Activity: 1078

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Bitcoin is new, makes sense to hodl.

Competition heats up. Those bitfury / kncminer things look so legit, but question is why don't they mine it themselves, or selling share IPO crowd mining as asicminer instead of preorder scam crap. If they turn out real, what could be friedcat moves ?

freedomno1

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Learning the troll avoidance button :)

Quote from: lophie on June 05, 2013, 09:12:32 PM

Quote from: discobean on June 05, 2013, 09:05:25 PM

People are still investing in SDICE are getting about <20% return. If asicminer keeps up at this sort of return your looking at 80%

My calculations are probably a bit little off, but to reach returns of 20% at this last div share price would need to rise to 9.9BTC or about there.

So compared to SDICE, there is a lot of upside if the divs keep around this level, and still some upside even if divs stay around 0.014. At least for the next few years.

I made a doc here with my calcs: https://docs.google.com/spreadsheet/ccc?key=0Aolrf3NsfbUrdExVWUNMUnZtQ21kQnZzQmFfRmc0WEE&usp=sharing

In the end, make your own mind up.

Please don't provoke the troll within MPoE-PR, We had enough clutter since the last time we brought S-DICE up.

Yep keep it in the other thread summoning is dangerous Although their new IPO The Ministry of Games makes me smile

Back on topic
Long Live Friedcat!

lophie

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Quote from: discobean on June 05, 2013, 09:05:25 PM

People are still investing in SDICE are getting about <20% return. If asicminer keeps up at this sort of return your looking at 80%

My calculations are probably a bit little off, but to reach returns of 20% at this last div share price would need to rise to 9.9BTC or about there.

So compared to SDICE, there is a lot of upside if the divs keep around this level, and still some upside even if divs stay around 0.014. At least for the next few years.

I made a doc here with my calcs: https://docs.google.com/spreadsheet/ccc?key=0Aolrf3NsfbUrdExVWUNMUnZtQ21kQnZzQmFfRmc0WEE&usp=sharing

In the end, make your own mind up.

Please don't provoke the troll within MPoE-PR, We had enough clutter since the last time we brought S-DICE up.

Factory

sr. member

Activity: 259

Merit: 250

Quote from: discobean on June 05, 2013, 09:05:25 PM

People are still investing in SDICE are getting about <20% return. If asicminer keeps up at this sort of return your looking at 80%

My calculations are probably a bit little off, but to reach returns of 20% at this last div share price would need to rise to 9.9BTC or about there.

So compared to SDICE, there is a lot of upside if the divs keep around this level, and still some upside even if divs stay around 0.014. At least for the next few years.

I made a doc here with my calcs: https://docs.google.com/spreadsheet/ccc?key=0Aolrf3NsfbUrdExVWUNMUnZtQ21kQnZzQmFfRmc0WEE&usp=sharing

In the end, make your own mind up.

I have no idea why you would make that comparison. While both utilize bitcoin, they are completely different animals.

discobean

member

Activity: 105

Merit: 11

People are still investing in SDICE are getting about <20% return. If asicminer keeps up at this sort of return your looking at 80%

My calculations are probably a bit little off, but to reach returns of 20% at this last div share price would need to rise to 9.9BTC or about there.

So compared to SDICE, there is a lot of upside if the divs keep around this level, and still some upside even if divs stay around 0.014. At least for the next few years.

I made a doc here with my calcs: https://docs.google.com/spreadsheet/ccc?key=0Aolrf3NsfbUrdExVWUNMUnZtQ21kQnZzQmFfRmc0WEE&usp=sharing

In the end, make your own mind up.

xris

newbie

Activity: 16

Merit: 0

As an early investor, I just want to say thank you friedcat for being so awesome. While my interest in bitcoin is mainly its potential for making markets more free, it sure helps when you get orders-of-magnitude investment returns from a really well-run company.

You know we're living in the future when we can trust a chinese guy named friedcat on the net, and a swedish guy named deadterra on the net, more than our local/domestic banks!

Thanks and have a freedom-laden evening!

keystroke

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advocate of a cryptographic attack on the globe

Quote from: freedomno1 on June 05, 2013, 08:06:09 PM

Quote from: eb3full on June 05, 2013, 08:04:47 PM

You will get some weird looks with that T-shirt depending on where you live...

That just makes it priceless
(Avoid going to PETA with that shirt) Grin

I am vegan but when it comes to fried cat I make an exception Cheesy

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1016. (Read 3917058 times)