I want ASICMiner to hedge their production buy selling futures contracts against the bitcoin-fiat exchange rate.
Can a futures market be established in china or hong kong?
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1087. (Read 3917058 times)
Maybe ASICMINER should look into starting their own pool. Reduce their variance with solo mining, and earn fees off the people that want to mine there (especially people who bought ASICMINER hardware).
this has been rejected. AM will not make a pool. however they might solo mine.
what's the reason not to make a pool ?
DDoS risk, maintenance...
I agree. AM should keep focus on what it's good at. Running a pool might be profitable but I doubt it's as profitable as their core business (designing, manufacturing and selling hardware, plus mining). Running a pool would be a boat-anchor on returns for those who like reinvesting dividends.
To put this in perspective: if AM were entirely solo mining, it would be earning for its shareholders 100% of 20-30% of all coins mined. By running a pool, even if it was the biggest pool allowed, (50%), that would be 1.5% of all coins mined. (Subtracting of course any of that hash power that belongs to them).
In other words, AM makes 10 times the amount of btc that the largest pool operator theoretically possible could make. (Assuming a standard 3% cut.) For all the customer service and security headaches, there is NO reason AM should get into this.
IE: If they started a public pool, I would in almost all certainty sell my shares, as it would show incredibly poor judgement. (Which would be very uncharacteristic for Friedcat.)
-helixone
with all the hash they have AM could be the next BTCGuild if they want to, they sure have capital to do it.
Maybe ASICMINER should look into starting their own pool. Reduce their variance with solo mining, and earn fees off the people that want to mine there (especially people who bought ASICMINER hardware).
this has been rejected. AM will not make a pool. however they might solo mine.
what's the reason not to make a pool ?
DDoS risk, maintenance...
I agree. AM should keep focus on what it's good at. Running a pool might be profitable but I doubt it's as profitable as their core business (designing, manufacturing and selling hardware, plus mining). Running a pool would be a boat-anchor on returns for those who like reinvesting dividends.
Hopefully though, not all will see it this way, and price will stop rising, and perhaps dip, and we'll be able to keep reinvesting dividends in cheap AM shares.
-helixone
Sssshh!
http://deepfriedcat.com
According to its charts, seems that the hashrate has dropped suddenly more than expected... any knowledge on this? solomining?
According to its charts, seems that the hashrate has dropped suddenly more than expected... any knowledge on this? solomining?
Likely moving Hashes to solomining. However, this is insignificant in Friedcat's "conservative" expectations to reach 1000TH by end of this year. https://bitcointalksearch.org/topic/m.1604192
Hopefully though, not all will see it this way, and price will stop rising, and perhaps dip, and we'll be able to keep reinvesting dividends in cheap AM shares.
-helixone
what's the reason not to make a pool ?
What is the reason not to run all types of businesses there are?
From selling burgers, through mining to commercially launching satellites.
That would be huge profit combined....
Maybe ASICMINER should look into starting their own pool. Reduce their variance with solo mining, and earn fees off the people that want to mine there (especially people who bought ASICMINER hardware).
this has been rejected. AM will not make a pool. however they might solo mine.
what's the reason not to make a pool ?
DDoS risk, maintenance...
They'll already have a significant enough portion of the network hashrate without further risking 51%ing it by adding more miners to their hashing.
Maybe ASICMINER should look into starting their own pool. Reduce their variance with solo mining, and earn fees off the people that want to mine there (especially people who bought ASICMINER hardware).
this has been rejected. AM will not make a pool. however they might solo mine.
what's the reason not to make a pool ?
http://deepfriedcat.com
According to its charts, seems that the hashrate has dropped suddenly more than expected... any knowledge on this? solomining?
According to its charts, seems that the hashrate has dropped suddenly more than expected... any knowledge on this? solomining?
I think someone just cashed out from btc-tc and moved part of their investment on bitfunder where prices were 0.1btc lower until some hours ago.
I think there's someone who wants to keep the stock price under control and not let the new surge of investors throw the price into a parabolic, crashing it and inciting panic. I wonder who this person could be
Red bars, trying to balance the incline.
Green bars, people getting crazy (and all in between).
When there's not much demand it kind of just idle's as people hold their shares for the next incline. There's very little on either side trying to trade this, just holders and occasional sell offs to keep it balanced. For going long it's an investor dream.
Maybe ASICMINER should look into starting their own pool. Reduce their variance with solo mining, and earn fees off the people that want to mine there (especially people who bought ASICMINER hardware).
Did the price of the share drop on BTCT because of the attacks, or did it drop everywhere ? 
Or people did like me and thought it was a good time to take home a nice little profit =) and invest it elsewhere for possibly even more profit (100TH mine
) 
oh man if rastapool cancelled the auction they would be soooo burned...
It would not look good for rastapool and from words that I've exchanged with him, he does not seem like that kind of person.
Franktank, thank you
Quote
I'd guess that you're right. Bidding in the last hour of that auction will likely push the price to BTC2+.
Will see, less than 30 min remains, and current prices are 1.87-1.84 
This thread has slowly turned into a speculator troll box.
I hope Friedcat does something about it, like having an AM website / forum !!!
I hope Friedcat does something about it, like having an AM website / forum !!!
Official AM website: https://bitcointalksearch.org/user/friedcat-49840
Had this bookmarked since December
Separating the "Oh brought 1 share at X" and ",,, think price will go to Y" from actual discussion, I don't think I'm asking much.
And yes, me too receive alarms every-time Friedcat farts.
This thread has slowly turned into a speculator troll box.
I hope Friedcat does something about it, like having an AM website / forum !!!
I hope Friedcat does something about it, like having an AM website / forum !!!
Official AM website: https://bitcointalksearch.org/user/friedcat-49840
Is there a way to notifications when a user posts? Want to be able to get those notifications sent in email, then into SMS.
This thread has slowly turned into a speculator troll box.
I hope Friedcat does something about it, like having an AM website / forum !!!
I hope Friedcat does something about it, like having an AM website / forum !!!
Official AM website: https://bitcointalksearch.org/user/friedcat-49840
Had this bookmarked since December
Really? Because you can move out of the PTs to direct for free, and have better access to liquidity when in a PT. So I'm not sure why direct shares would go at a premium.
Both Burnside and DeaDTerra are trustworthy here, they have proven that here. But it's just another layer of potential liability. For me, the minor price bump is worth having direct shares thru friedcat.
Again, both are professionals and handle their assets just fine.
oh man if rastapool cancelled the auction they would be soooo burned...
more likely that the price jumps above the PTs...
As they should, these are direct shares with friedcat himself. You even get confirmation satoshis! That itself bears a premium (more than the satoshi itself).
Really? Because you can move out of the PTs to direct for free, and have better access to liquidity when in a PT. So I'm not sure why direct shares would go at a premium.
Jump to: