Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1121. (Read 3917058 times)

Update

A lot of great thing happened last week. We wiped over the obstacles (infrastructure and paperwork) on deploying and put a lot of our available hashrate online. We also did a significant improvement (power, design, appearance) on the USB stick from the sample batch to the production batch.

For the discussion in the last few days, what we... I could say, is only that our IC design team had achieved fantastic results, as everyone could see and compare, with the most limited funds (barely more than 100k$ raised last August) and most inferior mask-set of choice (130nm which belongs to the antiquity era), and I'm proud of it.

I know there is already a Google spreadsheet for ASICMINER, but I made one that auto-updates every 15 minutes and thought it might be useful to some people

https://docs.google.com/spreadsheet/ccc?key=0AvEf3i8Bsx5BdFYyU1E4Tl9vd2ZnOTBsZ201bjJwUUE#gid=1

Am planning to add stuff like dividend and share price fluctuations on there also

I'm sorry - I gotta ask ... WTF are you talking about?

How is that not coping well? As long as the there are no orphaned blocks, what's the problem? ASICMiner will earn more there than at BTCGuild -  about 8% extra from merged mining and around 2% extra for transaction fees.

just sloppy code, it only delays payment from pool to AM's wallet. I noticed it few days ago, but there never been more than 1 stale new blocks. It happend today because of high luck and rising hashrate.

Is this an issue?  Like, if bitminter thinks the blocks are stale, is there a risk of them becoming stale?  Or are there any other risks?  Or is it just sloppy code, but not an issue to returns.

BitMinter doesn't cope with increased hashrate that well. All new blocks are interpreted as stale until enough blocks from competition confirm that they aren't stale. And since BitMinter has incredible luck last hour, there are not enough blocks from competition.

That means:

20+ TH/s total!  

1000+ BTC/day!  

6 TH/s on Bitminter

Shares rapidly becoming more valuable, glad I bought a dozen at 1.25. This is going to be a good investment.

Now >5 TH/s on BitMinter + >14 TH/s on BTC Guild that is nearing 20 TH/s. Keep it coming and pump it up

I think I would buy shares even above 1.5 if I hadn't invested it all already...

interesting discussions nonetheless .. 

helixone, that entire post is gold (like many others here) but this had me ROFLMAO:


 

1) It depends. Do you plan to trade? If so buy shares on passthroughs. If not, it seems to generally makes no difference. (Buy where cheap, sell where dear, and above all try to build a long position at a price lower then everyone else.)

Long term, I have a growing respect for Friedcat, and feel that he is building a company for the long term. (As much as I liked short term swings). Friedcat has managed to get himself in the drivers seat, and it is his game to lose. I think I can speak about Avalon. They went with an older tech and didn't lock down production guarantees with their fab as well as Friedcat did, so volume and efficiency (due to older tech) is a challenge. As far as BFL goes, they can go to hell, and by the time they are ready to ship, my guess is that despite spending almost as much on marketing as they did on engineering, they will have lost so many orders due to their incompetence. I'm kinda betting that AM USB sticks (and AM shares) will be the new hotness that leaves BFL in the dust.

There will be winners and losers in the btc world. Friedcat is a winner. BFL is a loser. Avalon is somewhere in between.

2) Short term AM seems on a strong uptrend, which may have gotten ahead of itself. That said, I wouldn't risk betting against it. IE: I am overall long at this time.

I'll also say AM shares, seem almost too good to be true. We've got a company that isn't in it for the short term, that is paying an estimated 37% a year divs. Do your own mach as it's all variable.

As an aside, I keep saying to myself, oh AM shares are worth X, and I'll sell em all when it reaches that price. However Friedcat keeps pulling tricks out of his hat, so I dare not project a fair market value.

IE: I feel like AM shares are too expensive now, but at this time, I just can't bring myself to sell. (And kinda am kicking myself for saying this in public).

-helixone

p.s. - I have no idea what I am talking about.
p.s.s. - I have been trading in and out of AM since 0.69, at this point I am all in.

Anyways, in an effort to move the discussion more towards the intended topic, do you guys recommend keeping shares as a passthrough on BTC-TC or Bitfunder, or requesting to exchange them to normal direct shares?

Also, what do you all think about Asicminer in the near future (less than two weeks) and long term future (2+ months?). Will they keep on kicking butt, will they fall due to BFL/Avalon, or not much will change?

Also, furuknap, thanks for responding to my question about possible implications! For some odd reason, and I am not saying this sarcastically, totally forgot about a possible lawsuit possibly obliterating the asicminer. Heh, this is what happens when I spend too much time reading here.

Short term, what would you think the following headline on Reddit would do to share prices: "US$50 million lawsuit from Avalon against ASICMiner over corporate espionage! ASICMiner operation seized by Chinese government."


Well, he did actually claim that a Chinese web page had evidence of this collusion, or at least it could easily be interpreted that way, possibly due to poor English written skills. This is why I asked for clarification so that we could make absolutely sure and hear it from the claimer that there is no such evidence.

He later confirmed, as I interpret his post, that there is no such evidence and he did not intend to bring Dr Zhang into this or suggest that Dr Zhang had any covert interest in ASICMiner.

This horse is dead, there is no evidence of any wrong-doing, and yes, let's stop polluting this thread with "Ya'know, I'd be fine with this as long as it made me money" posts.

Look! What's that shiny thing over there! I think it's today's dividend money! Let's go roll in it!

.b

Yeah, but Avalon screwing with Avalon doesn't even make financial sense. The rumour was not very believable, but Avalon screwing itself at the expense of another company is even less so.

Anyway, agreed let's just move on.

Unfair advantage in this case is a nice way of saying stealing technologies or cheating. In this case, AM would have achieved their proven, demonstrable hashrates and concrete products because they got someone in Avalon to screw with Avalon.

It is not a matter of personal opinion any more than manslaughter would be open to interpreting whether there was actually any 'slaughtering' involved.

There's no point in beating a dead horse; there's no evidence of wrong-doing, and I'm sure that a lot of people would be freaking out far more than they are if there was anything substantiated in these rumors.

Let's just move on and enjoy our piles of ethically and legally earned dividend Bitcoins!

.b

(My apologies to the room for feeding the troll)

Furuknap, just read this before saying too much more: http://en.wikipedia.org/wiki/Intellectual_property_in_China#Difficulties

I suggest we stop polluting friedcat's thread with unbased theories. He's been kicking A$$, and I don't want his stock to bubble above it's true value based on some whackamole theory. (I want cheap AM shares for as long as we can get them.)

Please let this one go.

-helixone

Ah, I was under the impression that the idea was that ASICminer and Avalon as a company were secretly in a collaboration to give priority to asicminer orders over normal orders, not that someone in Avalon was doing this without Avalon's collective permission. In which case, attorneys ahoy!

I guess I am not sure of the possible implications, care to say what you think could happen to cause people to loose interest in Asicminer? Also, please remember that I said in the short term, not in the long term.

Also, like the previous poster said,
Just for anyone visiting this thread later: These claims were probably made in error and there is no evidence of any wrong-doing in this.
This idea floating around was formed by a random poster who has no ties with either companies and the poster did not even state this as a rumor, but as his personal theory!