ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1049.

SmiGueL

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Quote from: MikkisJ on May 27, 2013, 11:40:13 AM

Quote from: Adrian-x on May 27, 2013, 11:09:59 AM

What is AM hashing power per share?

http://www.asicminercharts.com/live/
https://bitcointalksearch.org/topic/asicminer-entering-the-future-of-asic-mining-by-inventing-it-99497

Keep in mind that the hashrate from BitMinter went down from 6 TH/s to 0 TH/s today.
If that's because those blades are solomining now, then that should be visible in the charts in about 24h-48h. (The hashrate will then be back @ 22 - 24 TH/s)

michaelGedi

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"to be or not to be, that is the bitcoin"

gosh, between epic discussions on 51% attacks, lovingly un-researched questions and a quick touch on the USD ebay price of usb sticks and a bit of deadterra FUD this has made some very very interesting catch up reading the last hour.

I know this has been touched on before, but what about a dedicated AM subforum? I dread to think how this thread is going to play out if AM shares hit a period of large volatility, or AM expands their business model etc...

Adrian-x

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Quote from: MikkisJ on May 27, 2013, 11:40:13 AM

Quote from: Adrian-x on May 27, 2013, 11:09:59 AM

I have a quick question.
What is AM hashing power per share?

MH/s per share =
Thanks.

http://www.asicminercharts.com/live/
https://bitcointalksearch.org/topic/asicminer-entering-the-future-of-asic-mining-by-inventing-it-99497

You do the math.

Thanks

MikkisJ

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Activity: 126

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Quote from: Adrian-x on May 27, 2013, 11:09:59 AM

I have a quick question.
What is AM hashing power per share?

MH/s per share =
Thanks.

http://www.asicminercharts.com/live/
https://bitcointalksearch.org/topic/asicminer-entering-the-future-of-asic-mining-by-inventing-it-99497

You do the math.

Adrian-x

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I have a quick question.
What is AM hashing power per share?

MH/s per share =
Thanks.

DeaDTerra

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Activity: 1064

Merit: 1000

Quote from: ThickAsThieves on May 27, 2013, 10:27:35 AM

Quote from: CanadianGuy on May 27, 2013, 10:07:41 AM

Quote from: g83 on May 27, 2013, 08:55:50 AM

Quote from: BeeCoin on May 27, 2013, 07:40:38 AM

Quote from: tkone on May 26, 2013, 07:25:21 PM

isnt asicminer in china? how will this affect the company? or even more affect us the share holders?

Risk: Regulation by chinese authorities.
Opportunity: Promising huge market... Especially, if mining (and selling ASIC hardware) is not so attractive in the future, AM still has huge investment opportunities in a potentially huge market.
Who knows? Maybe in 5 years Friedcat will sell Bitcoin-ATMs in China instead of Blockerupters.

how possible is it that chinese authority will regulate or even illegalize bitcoin at all ?

since deadterra is selling of more than 2000 shares, i'm a little afraid that he might have some insider information to that and now takes profit before shareprice is going down ...

2000 out of 18,000. I would be constantly selling too..

You aren't grasping how a passthrough works. The great majority of shares in G.ASICMINER are already "sold", DT just holds onto the direct shares on behalf of the people who bought them.

To clarify,
People deposit/withdraw the shares back and forth into the PT.
I do not sell nor buy any shares for other then personal ownership.
As you can move shares back and forth there is no need to introduce/sell new shares to expand the PT share base.
The reason why I sold roughly 5000 Shares over the last couple of months is due to that I am liquidating the Gamma Bitcoin Funds position to make payouts to the investors before closing the fund.
I did not sell because I had some inside info or such, in fact I am quite bullish on AM.
//DeaDTerra

ThickAsThieves

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Quote from: CanadianGuy on May 27, 2013, 10:07:41 AM

Quote from: g83 on May 27, 2013, 08:55:50 AM

Quote from: BeeCoin on May 27, 2013, 07:40:38 AM

Quote from: tkone on May 26, 2013, 07:25:21 PM

isnt asicminer in china? how will this affect the company? or even more affect us the share holders?

Risk: Regulation by chinese authorities.
Opportunity: Promising huge market... Especially, if mining (and selling ASIC hardware) is not so attractive in the future, AM still has huge investment opportunities in a potentially huge market.
Who knows? Maybe in 5 years Friedcat will sell Bitcoin-ATMs in China instead of Blockerupters.

how possible is it that chinese authority will regulate or even illegalize bitcoin at all ?

since deadterra is selling of more than 2000 shares, i'm a little afraid that he might have some insider information to that and now takes profit before shareprice is going down ...

2000 out of 18,000. I would be constantly selling too..

You aren't grasping how a passthrough works. The great majority of shares in G.ASICMINER are already "sold", DT just holds onto the direct shares on behalf of the people who bought them.

CanadianGuy

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Activity: 196

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Quote from: g83 on May 27, 2013, 08:55:50 AM

Quote from: BeeCoin on May 27, 2013, 07:40:38 AM

Quote from: tkone on May 26, 2013, 07:25:21 PM

isnt asicminer in china? how will this affect the company? or even more affect us the share holders?

Risk: Regulation by chinese authorities.
Opportunity: Promising huge market... Especially, if mining (and selling ASIC hardware) is not so attractive in the future, AM still has huge investment opportunities in a potentially huge market.
Who knows? Maybe in 5 years Friedcat will sell Bitcoin-ATMs in China instead of Blockerupters.

how possible is it that chinese authority will regulate or even illegalize bitcoin at all ?

since deadterra is selling of more than 2000 shares, i'm a little afraid that he might have some insider information to that and now takes profit before shareprice is going down ...

2000 out of 18,000. I would be constantly selling too..

g83

sr. member

Activity: 448

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: BeeCoin on May 27, 2013, 07:40:38 AM

Quote from: tkone on May 26, 2013, 07:25:21 PM

isnt asicminer in china? how will this affect the company? or even more affect us the share holders?

Risk: Regulation by chinese authorities.
Opportunity: Promising huge market... Especially, if mining (and selling ASIC hardware) is not so attractive in the future, AM still has huge investment opportunities in a potentially huge market.
Who knows? Maybe in 5 years Friedcat will sell Bitcoin-ATMs in China instead of Blockerupters.

how possible is it that chinese authority will regulate or even illegalize bitcoin at all ?

since deadterra is selling of more than 2000 shares, i'm a little afraid that he might have some insider information to that and now takes profit before shareprice is going down ...

Rampion

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Activity: 1148

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Quote from: circuitry on May 27, 2013, 08:38:33 AM

Quote from: Rampion on May 27, 2013, 08:01:04 AM

this topic has been thoroughly discussed on these forums.

Exactly. Please stop with the useless, boring, non-constructive 51% FUD and move on.

I think the only non-constructive post is yours. I was politely replying to romerun's question. The FUD is nowhere to be seen.

circuitry

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Quote from: Rampion on May 27, 2013, 08:01:04 AM

this topic has been thoroughly discussed on these forums.

Exactly. Please stop with the useless, boring, non-constructive 51% FUD and move on.

Mausini

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Quote from: Rampion on May 27, 2013, 08:01:04 AM

Quote from: romerun on May 26, 2013, 03:10:59 PM

If AM can maintain at least 10% of coin generation in the next 15 years, don't you find it a bit puzzle that a company is worth 10% of the total currency itself (of course, minus coins generated before AM era).

This is why ASIC technology may pose a threat to BTC decentralization, this topic has been thoroughly discussed on these forums. ASICMINER is acting with BTC's best interest at heart by limiting their own share of hashrate, but what if they (or another player) do not do this and a single player reaches +51%?

Logic says that decentralization is necessary for BTC to hold its value, and thus the players would auto-regulate themselves not to destroy their own investment.

Au contraire, history says that greed normally overtakes logic.

I guess only time will tell, if BTC is able to beat the centralization threat posed by private companies developing their own ASIC it will be for sure a great victory.

seriously? again?

Rampion

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Quote from: romerun on May 26, 2013, 03:10:59 PM

If AM can maintain at least 10% of coin generation in the next 15 years, don't you find it a bit puzzle that a company is worth 10% of the total currency itself (of course, minus coins generated before AM era).

This is why ASIC technology may pose a threat to BTC decentralization, this topic has been thoroughly discussed on these forums. ASICMINER is acting with BTC's best interest at heart by limiting their own share of hashrate, but what if they (or another player) do not do this and a single player reaches +51%?

Logic says that decentralization is necessary for BTC to hold its value, and thus the players would auto-regulate themselves not to destroy their own investment.

Au contraire, history says that greed normally overtakes logic.

I guess only time will tell, if BTC is able to beat the centralization threat posed by private companies developing their own ASIC it will be for sure a great victory.

BeeCoin

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Activity: 308

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Quote from: tkone on May 26, 2013, 07:25:21 PM

isnt asicminer in china? how will this affect the company? or even more affect us the share holders?

Risk: Regulation by chinese authorities.
Opportunity: Promising huge market... Especially, if mining (and selling ASIC hardware) is not so attractive in the future, AM still has huge investment opportunities in a potentially huge market.
Who knows? Maybe in 5 years Friedcat will sell Bitcoin-ATMs in China instead of Blockerupters.

runeks

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I created a chart that tracks how many bitcoins ASICMiner has solo mined since the last reward payout.

This should help to give an idea of the size of the dividend payout. This only tracks solo mining! It doesn't try to derive the mined BTC amount from the various pool hash rates.

The data updates every time an ASICMiner block is found.

Here's the site: http://runeks.dk/bitcoin/

And the chart:

So currently we are at 0.00426777 BTC solo mined per ASICMiner share (400,000 shares).

SmiGueL

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Activity: 322

Merit: 252

Maybe the % of the network income chart is somewhat misleading (that's why I never placed it on the charts website Wink

)
because that is the percentage of the total fixed income, (aka: 3600 BTC/day), to calculate the dividends. It isn't the total network percentage.
The difference is that the % of the network income is based on the 'fixed' difficulty, and the network percentage is based on the network hashrate from blockchain.info

The total network % can be found here:
www.asicminercharts.com/live

ASICMINER HASHRATE NETWORK HASHRATE

TH/s TH/s

Keep in mind that the calculated hashrate from solomining is calculated based on the found blocks in the last 48h, so calculating the exact hashrate isn't possible..

Eric Muyser

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You can't kill math.

Quote from: stripykitteh on May 27, 2013, 03:25:38 AM

Just to change the subject (or maybe not Wink

), the estimated total AM hashrate is now 23.71THash (a record) and climbing. I presume this means that the power and LAN issues have been resolved?

https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=14

Network percentage is about 27.25% (has been as high as 29% before).

Happy hashing.

Seems like it. Awesome!

stripykitteh

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Just to change the subject (or maybe not Wink

), the estimated total AM hashrate is now 23.71THash (a record) and climbing. I presume this means that the power and LAN issues have been resolved?

https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=14

Network percentage is about 27.25% (has been as high as 29% before).

Happy hashing.

bitman442

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Quote from: bobboooiie on May 26, 2013, 08:07:25 PM

@tkone Iam not even going to quote that... But boy did you save us with that topic !

Yes, thank you. I've been checking this thread a few time a day only to find that it has advanced a couple pages each time rehashing the same old crap I've been reading about for 2 years. Sorry for adding more useless posts but I had to get that off my chest. No more 51% talk please!

bobboooiie

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@tkone Iam not even going to quote that... But boy did you save us with that topic !

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