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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1175. (Read 3917543 times)

legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
So if ASICMINER were to mine solo, couldn't we see which blocks were generated by them, and therefor derive the hashrate so no one has to worry?

They could tag each block they generate but there would be no third party to audit. You'd have to trust them, but as least you'd be able to calculate confidence intervals for the probability of accurate reporting. Then again if they reported 99 of every 100 blocks solved it would take quite a long time before it looked like they were having impossibly bad luck.

Or they could just mine 97% known on the pools and 3% broken up unknown (pick any small number you like Tongue)
Only they know the exact current amount of hardware they are running.

Really, it doesn't matter where they mine as to how they can be audited.
It is simply a trust issue.

To match your example - if they reported their current hardware as 99% of real, then reporting 99 out of every 100 blocks would show up correctly.

I'm not implying they are doing this, in fact I'd doubt they are at all, however, there is no way to prove either way without full access to their hardware information - the pool choice makes no difference.
sr. member
Activity: 476
Merit: 250
Is there a thread for official updates?  Or a website or something?
yes, you're on it.
hero member
Activity: 560
Merit: 500
Patience everyone! Friedcat thinketh, Friedcat speaketh.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
So if ASICMINER were to mine solo, couldn't we see which blocks were generated by them, and therefor derive the hashrate so no one has to worry?

They could tag each block they generate but there would be no third party to audit. You'd have to trust them, but as least you'd be able to calculate confidence intervals for the probability of accurate reporting. Then again if they reported 99 of every 100 blocks solved it would take quite a long time before it looked like they were having impossibly bad luck.
inh
full member
Activity: 155
Merit: 100
So if ASICMINER were to mine solo, couldn't we see which blocks were generated by them, and therefor derive the hashrate so no one has to worry?
sr. member
Activity: 476
Merit: 250
very interesting spread on bitfunder.  Bid is .94, ask is 1.15.
legendary
Activity: 2271
Merit: 1363
sr. member
Activity: 360
Merit: 250
sorry for the typos
sr. member
Activity: 360
Merit: 250
in this thread. everybodys wating but noboddy talks about.
newbie
Activity: 19
Merit: 0
Where are these so called "announcements" to be found, please?

Thanks.
sr. member
Activity: 476
Merit: 250
I wonder why is that happening. Anyway, it's possible that after today's update the price will skyrocket again Cheesy
unless Friedcat announces they are selling more blades, I doubt the price will rise very much.  There doesn't seem to be anyone buying above the mid 80's.

He already said he will be selling a batch every week.

well, as a shareholder, I hope there is news like this every week, because I like selling my shares so high!  But, I don't see how it can keep it up, and even selling at .92 is a good price for most of us, here.
legendary
Activity: 1806
Merit: 1003
I wonder why is that happening. Anyway, it's possible that after today's update the price will skyrocket again Cheesy
unless Friedcat announces they are selling more blades, I doubt the price will rise very much.  There doesn't seem to be anyone buying above the mid 80's.

He already said he will be selling a batch every week.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
sr. member
Activity: 476
Merit: 250
I wonder why is that happening. Anyway, it's possible that after today's update the price will skyrocket again Cheesy
unless Friedcat announces they are selling more blades, I doubt the price will rise very much.  There doesn't seem to be anyone buying above the mid 80's.
donator
Activity: 294
Merit: 250
Trust me, I'm buying.    Grin

I think you're the only one, looks like sell orders are dropping like crazy.

The price might be back to the 70's by Monday...  Grin


That would be awesome.    Grin
sr. member
Activity: 406
Merit: 250
Trust me, I'm buying.    Grin

I think you're the only one, looks like sell orders are dropping like crazy.

The price might be back to the 70's by Monday...  Grin

I wonder why is that happening. Anyway, it's possible that after today's update the price will skyrocket again Cheesy
sr. member
Activity: 476
Merit: 250
Trust me, I'm buying.    Grin

I think you're the only one, looks like sell orders are dropping like crazy.

The price might be back to the 70's by Monday...  Grin
donator
Activity: 294
Merit: 250
Depending on today's update, I strongly doubt it. I seriously hope that I'm wrong though, I'd kill for the opportunity to grab up more shares at that price.

Hm... Are you talking about the expected weekly update or did I miss another update somewhere?

.b


I was talking about the upcoming weekly update.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
I imagine we will all be able to buy these shares back at .85 by Monday.


Depending on today's update, I strongly doubt it. I seriously hope that I'm wrong though, I'd kill for the opportunity to grab up more shares at that price.
Now's your chance, the price just hit .836


Trust me, I'm buying.    Grin

ygpm
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Depending on today's update, I strongly doubt it. I seriously hope that I'm wrong though, I'd kill for the opportunity to grab up more shares at that price.

Hm... Are you talking about the expected weekly update or did I miss another update somewhere?

.b
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