Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1162. (Read 3917543 times)

sr. member
Activity: 476
Merit: 250
this thread is becoming like the constant price updates on r/bitcoin...  Grin

get your shares while they're still cheap!  I've seen 3 posts on r/bitcoins about the ASICMiner expansion in the last hour.  Get ready for a rally.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
The auctions were a mistake!  God help me Sad
legendary
Activity: 1288
Merit: 1227
Away on an extended break
7,870.74 GH/s!  I AM IN LOVE!!!
7,941.14 GH/s  Shocked

I really hope you guys changed your shorts after the first Thps appeared at BTCGuild Wink
I've already been buying up shares like crazy since some time ago.  Tongue
Friedcat for president!
donator
Activity: 2058
Merit: 1007
Poor impulse control.
7,870.74 GH/s!  I AM IN LOVE!!!
7,941.14 GH/s  Shocked

I really hope you guys changed your shorts after the first Thps appeared at BTCGuild Wink
legendary
Activity: 1288
Merit: 1227
Away on an extended break
legendary
Activity: 2271
Merit: 1363
If they are paying just the right amount, it makes no difference whether we sell or mine.

People are not going to pay the right amount though. So far it's clear they are are willing to far pay more for a Blade than it's likely to earn over the device life time - even if they get it within a few days of ordering.



So you think our customers are stupid then? Tongue

I take your Tongue to mean that you are joking, but neither you nor organofcorti are the first to say those words, and I just want to get this off my chest:

Why do people have such a hard time coming to terms with the fact that value is subjective?

Just because they valued a 10GH/s blade at BTC75 (or whatever) doesn't mean that if that device doesn't mine more than BTC75 that they are stupid.  Maybe they don't believe BFL will deliver, maybe they think Avalon will be late on all fronts, and maybe they are willing to gamble on that?

Or maybe they have bitcoins to burn, and want to help distribute hashing power around the network?

Or maybe they just value the bragging rights of having one of the first publicly sold blade mining asic units in the world? 

Their reasons are their own, and for you to label them as stupid is insulting to everyone.

       Potential buyers have been bidding carelessly. They should have offered more for 0.5 BTC. Unfortunately, some were given and 5 btc more. Also, you should not immediately rush to offer. You need to wait for the end of the auction. We miners need to be wise as ASIC vendor. It really is a lot of 75 BTC 10 GH / s.

It is not our deed to protect the bidders. It's their money , if they choose to pay this, then they shall pay it, we are no nannies.
hero member
Activity: 711
Merit: 500
If they are paying just the right amount, it makes no difference whether we sell or mine.

People are not going to pay the right amount though. So far it's clear they are are willing to far pay more for a Blade than it's likely to earn over the device life time - even if they get it within a few days of ordering.



So you think our customers are stupid then? Tongue

I take your Tongue to mean that you are joking, but neither you nor organofcorti are the first to say those words, and I just want to get this off my chest:

Why do people have such a hard time coming to terms with the fact that value is subjective?

Just because they valued a 10GH/s blade at BTC75 (or whatever) doesn't mean that if that device doesn't mine more than BTC75 that they are stupid.  Maybe they don't believe BFL will deliver, maybe they think Avalon will be late on all fronts, and maybe they are willing to gamble on that?

Or maybe they have bitcoins to burn, and want to help distribute hashing power around the network?

Or maybe they just value the bragging rights of having one of the first publicly sold blade mining asic units in the world? 

Their reasons are their own, and for you to label them as stupid is insulting to everyone.

       Potential buyers have been bidding carelessly. They should have offered more for 0.5 BTC. Unfortunately, some were given and 5 btc more. Also, you should not immediately rush to offer. You need to wait for the end of the auction. We miners need to be wise as ASIC vendor. It really is a lot of 75 BTC 10 GH / s.
legendary
Activity: 1778
Merit: 1008
absolutely overjoyed at this news, both the hasrate, but more so the USBs, since my personal hashrate would be doubled with a single usb stick...
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
7,870.74 GH/s!  I AM IN LOVE!!!
sr. member
Activity: 476
Merit: 250
good time to load up on shares before next week's higher dividend!
hero member
Activity: 490
Merit: 500
... it only gets better...
donator
Activity: 994
Merit: 1000
The USB Sticks are so unique that they will beat any competition in terms of potential sales. Everybody can become a miner - even on holidays in a hotel room.
It's called opportunistic mining. It is great for the decentralization (de-localization) of hash power, but has other weak spots, like flocking of miners towards centralized mining pools. In any way - it's a great enrichment of the mining landscape.
full member
Activity: 177
Merit: 100
The USB Sticks are so unique that they will beat any competition in terms of potential sales. Everybody can become a miner - even on holidays in a hotel room. It's a brilliant idea not just for miners, but also for the decentralization of the network.

Wasn't talking about the USB sticks, just the 10GH/s boards.

100+ GH/s of sticks would be about 300, which is pretty much for a first batch I think.

But we'll see, even 300 will be sold in no-time  Grin

agreed. it seems you're a potential buyer for a board  Grin
sr. member
Activity: 322
Merit: 252
The USB Sticks are so unique that they will beat any competition in terms of potential sales. Everybody can become a miner - even on holidays in a hotel room. It's a brilliant idea not just for miners, but also for the decentralization of the network.

I didn't mean the USB sticks, just the 10GH/s boards.

100+ GH/s of sticks would be about 300 sticks, which is pretty much for a first batch I think.
(And it's only a few % of the total hashpower of ASICMINER)

But we'll see, even 300 will be sold in no-time  Grin
full member
Activity: 177
Merit: 100
The hashrates are climbing quickly as we speak here - it's 7,705.90 GH/s currently. Friedcat is indeed adding in new hashrates fast!  Grin

Well, they are pretty stable @ 7.6 / 7.7 GH/s for about 18 hours now.


But nice to have an update Friedcat!  Grin

Hope the auction will be a bit bigger than the 100GH/s from last week because, as seen from the last auction, people really want to pay to have an ASIC fast Wink
(even if this means that some devices will be shipped only a few weeks after the auction)
If you wait to sell them for 1 month, so you can ship them instantly, I expect there are more ASIC's around,
and people who want to spend 'some extra' on it already have an ASIC..



The USB Sticks are so unique that they will beat any competition in terms of potential sales. Everybody can become a miner - even on holidays in a hotel room. It's a brilliant idea not just for miners, but also for the decentralization of the network.
full member
Activity: 236
Merit: 100
www.bitcoingem.com
Update

Deploying
Heading to 15TH/s or more in the following 7 days.

USB Stick
The sample batch will be ready in 5 days.

Also, we will announce more news before the next update.

Great news, thanks for the update and I will forward to upcoming news. 
sr. member
Activity: 322
Merit: 252
The hashrates are climbing quickly as we speak here - it's 7,705.90 GH/s currently. Friedcat is indeed adding in new hashrates fast!  Grin

Well, they are pretty stable @ 7.6 / 7.7 GH/s for about 18 hours now.


But nice to have an update Friedcat!  Grin

Hope the auction will be a bit bigger than the 100GH/s from last week because, as seen from the last auction, people really want to pay to have an ASIC fast Wink
(even if this means that some devices will be shipped only a few weeks after the auction)
If you wait to sell them for 1 month, so you can ship them instantly, I expect there are more ASIC's around,
and people who want to spend 'some extra' on it already have an ASIC..

full member
Activity: 254
Merit: 100
Deploying
Heading to 15TH/s or more in the following 7 days.
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Update

Deploying
Heading to 15TH/s or more in the following 7 days.

USB Stick
The sample batch will be ready in 5 days.

Also, we will announce more news before the next update.

Although I greatly appreciate that, you previously said you were heading towards 50 TH/s, and I think the market has been looking for those numbers.

Rather than ask for when you're going to deploy the rest, let me ask you this: Do you feel that you are on schedule according to your plans?

.b
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Dividends about to double Grin
Jump to: