ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1146.

John (John K.)

legendary

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Away on an extended break

Quote from: SebastianJu on May 01, 2013, 11:53:34 PM

Quote from: John (John K.) on May 01, 2013, 11:51:02 PM

5 might be too long Wink

I think youre right. Otherwise everyone would wait 5 mins with the "last" bid and it would grow indefinitely. But 1 min might help. Though i dont know if its enough time to get around the trouble of not being allowed to post?

Hmm... There should be a guide at the OP to disable the warning where if someone posted first. 1 minute should be enough for those who has not done so anyway as the auction is already extended by 1 minutes.

Yeah, the secret ballot style auction might work too as I said above, but I sell prefer the auction extension style.More transparent.

arklan

legendary

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a secret ballot style auction could prove very interesting, i think. not that i'm advocating for it. but it would be interesting to see the result.

SebastianJu

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Legendary Escrow Service - Tip Jar in Profile

Quote from: John (John K.) on May 01, 2013, 11:51:02 PM

5 might be too long Wink

I think youre right. Otherwise everyone would wait 5 mins with the "last" bid and it would grow indefinitely. But 1 min might help. Though i dont know if its enough time to get around the trouble of not being allowed to post?

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

Quote from: SebastianJu on May 01, 2013, 11:46:38 PM

So 2941.66BTC were paid out as dividend and 2000BTC are kept for ICs. That must be really hard to get ones when they are $236000.

And the dividend would have been 2/3 higher if that didnt happen. Good news for next week i guess.

Quote from: gmouse on May 01, 2013, 11:35:54 PM

The usb sticks are going to be a huge success, but we desperately need something better than bidding in the auction forum here to sell them; the last couple minutes of the last auction were a bit crazy, and many bidders got blocked out with the last second frenzy by the anti-spam settings for the forum.

Problem is, how to set this all up on a solid auction forum? We can at least have some vetting on the bidders to some extent when they take place on this forum, but as the volume of the auctions ramps up, I fear this will become an unmanageable mess.

I would vote for an 5 min extension of the auction lifetime after the last bid was placed. That should help in the last minutes to solve many problems. And in auction start thread the user are guided to go into forum user settings and auto detect their timezone + setting their like in regards to 12/24 hours view. So that everyone can see the timecode of the last bid and can calculate 5 mins on top to ensure when the auction ends now.

5 might be too long Wink

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

Quote from: gmouse on May 01, 2013, 11:35:54 PM

The usb sticks are going to be a huge success, but we desperately need something better than bidding in the auction forum here to sell them; the last couple minutes of the last auction were a bit crazy, and many bidders got blocked out with the last second frenzy by the anti-spam settings for the forum.

Problem is, how to set this all up on a solid auction forum? We can at least have some vetting on the bidders to some extent when they take place on this forum, but as the volume of the auctions ramps up, I fear this will become an unmanageable mess.

I am suggesting that the auction be extended by 1 minutes per bid. Probably the use of PM'ed secret bids might work too. Holding the auction here has the advantage of being transparent and publicly known. I've had a ton of newbies PM'ing on this. (and bidding later)

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

So 2941.66BTC were paid out as dividend and 2000BTC are kept for ICs. That must be really hard to get ones when they are $236000.

And the dividend would have been 2/3 higher if that didnt happen. Good news for next week i guess.

Quote from: gmouse on May 01, 2013, 11:35:54 PM

The usb sticks are going to be a huge success, but we desperately need something better than bidding in the auction forum here to sell them; the last couple minutes of the last auction were a bit crazy, and many bidders got blocked out with the last second frenzy by the anti-spam settings for the forum.

Problem is, how to set this all up on a solid auction forum? We can at least have some vetting on the bidders to some extent when they take place on this forum, but as the volume of the auctions ramps up, I fear this will become an unmanageable mess.

I would vote for an 5 min extension of the auction lifetime after the last bid was placed. That should help in the last minutes to solve many problems. And in auction start thread the user are guided to go into forum user settings and auto detect their timezone + setting their like in regards to 12/24 hours view. So that everyone can see the timecode of the last bid and can calculate 5 mins on top to ensure when the auction ends now.

gmouse

newbie

Activity: 51

Merit: 0

The usb sticks are going to be a huge success, but we desperately need something better than bidding in the auction forum here to sell them; the last couple minutes of the last auction were a bit crazy, and many bidders got blocked out with the last second frenzy by the anti-spam settings for the forum.

Problem is, how to set this all up on a solid auction forum? We can at least have some vetting on the bidders to some extent when they take place on this forum, but as the volume of the auctions ramps up, I fear this will become an unmanageable mess.

friedcat

donator

Activity: 848

Merit: 1005

Quote from: friedcat on May 01, 2013, 11:13:00 PM

2,000 Bitcoins have been reserved for the re-investment:

1. Deposits for the long-term pre-order of hard-to-get ICs.
2. Costs of mass production of Block Erupter USB sticks.

The projected rising to 15TH/s by tomorrow night is still on track.
The samples of the USB sticks are being tested.

Franktank

hero member

Activity: 560

Merit: 500

Looking like 0.00735415/share this week

friedcat

donator

Activity: 848

Merit: 1005

2,000 Bitcoins have been reserved for the re-investment:

1. Deposits for the long-term pre-order of hard-to-get ICs.
2. Costs of mass production of Block Erupter USB sticks.

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

he's online again! update probably is getting written! coins soon to be sent out!

gmouse

newbie

Activity: 51

Merit: 0

I would be in favor of a separate thread for AM chatter. That said, I got the satoshis too, and the delay in the dividend may be due to too much bitcoin to count? Wink

Franktank

hero member

Activity: 560

Merit: 500

Quote from: mithrandi on May 01, 2013, 10:37:49 PM

I guess friedcat fell asleep again before he sent out the divs Grin

With his hand on the mouse, cursor over the "Send" button...

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: mithrandi on May 01, 2013, 10:37:49 PM

I guess friedcat fell asleep again before he sent out the divs Grin

ok, i swhould feel bad aboutthis, but that made me laugh a lot.

mithrandi

member

Activity: 75

Merit: 10

I guess friedcat fell asleep again before he sent out the divs Grin

arklan

legendary

Activity: 1778

Merit: 1008

hey, anyone gotten their actual dividend? my satoshi (yes, one. Sad

) came in over an hour and a half ago...

Melbustus

legendary

Activity: 1722

Merit: 1004

Quote from: John (John K.) on May 01, 2013, 10:15:08 PM

Quote from: Melbustus on May 01, 2013, 10:10:58 PM

This is my 2nd week as an AM share owner. :-) Do the satoshis come every week? Why? I figured they were a means of accounting for share ownership/transfers and therefore would only happen whenever a transfer was executed, not every week...

Welcome on the boat! Tongue

Yes, they do when the divs are coming out. It's just to confirm the amount of shares you hold. (so that you know if you wasn't credited with the appropriate amount of shares)

Ok, thanks. Works for me! :-) Happy to be putting my bitcoin to work, finally.

John (John K.)

legendary

Activity: 1288

Merit: 1227

Away on an extended break

Quote from: Melbustus on May 01, 2013, 10:10:58 PM

This is my 2nd week as an AM share owner. :-) Do the satoshis come every week? Why? I figured they were a means of accounting for share ownership/transfers and therefore would only happen whenever a transfer was executed, not every week...

Welcome on the boat! Tongue

Yes, they do when the divs are coming out. It's just to confirm the amount of shares you hold. (so that you know if you wasn't credited with the appropriate amount of shares)

Franktank

hero member

Activity: 560

Merit: 500

Quote from: Melbustus on May 01, 2013, 10:10:58 PM

This is my 2nd week as an AM share owner. :-) Do the satoshis come every week? Why? I figured they were a means of accounting for share ownership/transfers and therefore would only happen whenever a transfer was executed, not every week...

They occur every week, almost like a "notification" of incoming dividends. Those satoshis add up you know... After 100 million weeks of dividends, that's a free BTC per share!

Melbustus

legendary

Activity: 1722

Merit: 1004

This is my 2nd week as an AM share owner. :-) Do the satoshis come every week? Why? I figured they were a means of accounting for share ownership/transfers and therefore would only happen whenever a transfer was executed, not every week...

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