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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1197. (Read 3917058 times)

legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
So how does one buy shares? Excuse me for not reading, but this is a huge thread.

And are these shares bought with fiat or BTC? Basically, how do I get on board? And do these guys sell any ASIC miners?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
It implies that mining bitcoins with namecoins can give 13% more earnings. I wonder if thats true but if yes, then it would be a not small loss. Too bad that its not possible with stratum.

Merged mining NMC would provide 5.5% additional profit according to http://dustcoin.com/mining

I believe the person that wrote the 13% did it a week ago and the bitcoin price skyrocketed a lot in the last time. So i believe it could be that at that time the earnings were so high.
But it looks like it could be even now around 9% more than we earn because there are different other Coins that could be merged mined. Calculated in Bitcoins. Only when we would merge mine. That is mining bitcoins and at the same time, without changing anything than the numbers based for calculation of the hash, we could mine other coins too. We would still earn the same Bitcoins but other coins on top. These coins could be turned into bitcoins and paid out as dividend too.
And like i read... stratum can handle this.

...
The blatantly obvious point to note is that if asicminer was mining THAT MANY nmc and selling them, the NMC -> BTC price would of course drop drastically ...

It's like saying, wow difficulty is 7672999.920164138 - if I mined with (added) 200TH/s I'd get ... 12977.38710926 BTC a day! Cheesy
( I'll leave it to you to work out the mistake with saying that Smiley )

Thats a point... i didnt think about that the NMC could be so weak. Otherwise... who says that the price has to drop... you could put the NMC in the orderbook and wait until its sold out instead selling all at once and put the price down. Im not sure if it would work out... but i know when i have my avalon i wont miss this chance to earn some extra income... 7TH into NMC-Network will be a lot of course, thats true.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
It implies that mining bitcoins with namecoins can give 13% more earnings. I wonder if thats true but if yes, then it would be a not small loss. Too bad that its not possible with stratum.

Merged mining NMC would provide 5.5% additional profit according to http://dustcoin.com/mining

I believe the person that wrote the 13% did it a week ago and the bitcoin price skyrocketed a lot in the last time. So i believe it could be that at that time the earnings were so high.
But it looks like it could be even now around 9% more than we earn because there are different other Coins that could be merged mined. Calculated in Bitcoins. Only when we would merge mine. That is mining bitcoins and at the same time, without changing anything than the numbers based for calculation of the hash, we could mine other coins too. We would still earn the same Bitcoins but other coins on top. These coins could be turned into bitcoins and paid out as dividend too.
And like i read... stratum can handle this.

...
The blatantly obvious point to note is that if asicminer was mining THAT MANY nmc and selling them, the NMC -> BTC price would of course drop drastically ...

It's like saying, wow difficulty is 7672999.920164138 - if I mined with (added) 200TH/s I'd get ... 12977.38710926 BTC a day! Cheesy
( I'll leave it to you to work out the mistake with saying that Smiley )
sr. member
Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
Bitparking is a nice MM pool supporting stratum. May be worth a try...
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
It implies that mining bitcoins with namecoins can give 13% more earnings. I wonder if thats true but if yes, then it would be a not small loss. Too bad that its not possible with stratum.

Merged mining NMC would provide 5.5% additional profit according to http://dustcoin.com/mining

I believe the person that wrote the 13% did it a week ago and the bitcoin price skyrocketed a lot in the last time. So i believe it could be that at that time the earnings were so high.
But it looks like it could be even now around 9% more than we earn because there are different other Coins that could be merged mined. Calculated in Bitcoins. Only when we would merge mine. That is mining bitcoins and at the same time, without changing anything than the numbers based for calculation of the hash, we could mine other coins too. We would still earn the same Bitcoins but other coins on top. These coins could be turned into bitcoins and paid out as dividend too.
And like i read... stratum can handle this.

Don't get me wrong, I'm all for bigger dividends. I'll say that I only have a very general understanding of mining and lesser on altcoin mining but it would require some effort (ranging from a single click of a button to dedicating resources and manpower). For now, I would rather have all efforts focused on increasing hashrate and maintaining it but I'm sure friedcat could address it in a future update if the demand is there.

Just my two 0.02BTC

Yeah, i would like to have the deployment move on too, but it looks like they cant do it because of the power and network problems. So as long as it stops there the possibility to raise the earnings by changing the pool to a merged mining pool could give nearly 9% more in an instant. Thats like mining with nearly 8TH than the 7.2TH we have now... Sounds at least interesting to me... Since eleuthria from BTC Guild didnt answer i will ask in the pool-list-thread what pools could do this...
hero member
Activity: 560
Merit: 500
Very nice return for this week.  I thought it was going to be less than last week, and it turns out to be more than double.  

If my mem is corect and it might not be, this is less? unless you count fiat? im not really sure, some one help me

Dividends thus far:

Div Pay Dates     Div/Share
02/29 (IPO)         0.023545
03/06 (IPO)         0.019163
03/13 (IPO)         0.023786
03/20 (IPO)         0.025998
03/24 (IPO)         0.007508
03/27                 0.003775
04/03                 0.002556
04/10                 0.006956
237
sr. member
Activity: 264
Merit: 250
How long till the BTCT.CO  PT share get their dividends?
 

Definately not before the Divident Transaction is confirmed. So far mine isn't. Just give it a little time
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
They have to manually send them out, usually happens within 24 hours or less... give him some time.
member
Activity: 113
Merit: 10
https://www.chynge.net/
How long till the BTCT.CO  PT share get their dividends?
 
hero member
Activity: 557
Merit: 500
Very nice return for this week.  I thought it was going to be less than last week, and it turns out to be more than double. 
hero member
Activity: 560
Merit: 500
Ah I see,  I guess i missed that.  Awesome anyways,  no problem spending money for fruitful development..

My thoughts exactly, so far "only" 262 TH/s has been announced but wouldn't have any qualms if they decided to get more. Especially if there is a Avalon Batch 4 announcement in the coming weeks.
sr. member
Activity: 388
Merit: 250
Save A Life, Adopt a Pet Today!
Got my div!  Love ASIC Miner!
full member
Activity: 216
Merit: 100
0.00695569 per share.
hero member
Activity: 667
Merit: 500
The order of wafers and devices are not so much. What costs the largest part of money is the NRE of a full-mask set. We chose to do MLM from the start to reduce the NRE cost and hence the total money we need to raise during IPO, but the much higher margin cost and the refusal of the fab to produce any more with the MLM set resulted in the decision to do the full-mask. Because after it's done. The cost of each wafer will reduce by ~33% and the quantity limitation from the fab will be removed.

The next week will be a little lower because we still have some balance payments undone yet, but the largest cost will only be the electricity.

This was what I was referring to but I could have misinterpreted that.

Ah I see,  I guess i missed that.  Awesome anyways,  no problem spending money for fruitful development..
donator
Activity: 294
Merit: 250
Just got mine, BTC0.00695565 per share if I'm not mistaken.
hero member
Activity: 667
Merit: 500
They just hit ... 0.00695565
hero member
Activity: 560
Merit: 500
The order of wafers and devices are not so much. What costs the largest part of money is the NRE of a full-mask set. We chose to do MLM from the start to reduce the NRE cost and hence the total money we need to raise during IPO, but the much higher margin cost and the refusal of the fab to produce any more with the MLM set resulted in the decision to do the full-mask. Because after it's done. The cost of each wafer will reduce by ~33% and the quantity limitation from the fab will be removed.

The next week will be a little lower because we still have some balance payments undone yet, but the largest cost will only be the electricity.

This was what I was referring to but I could have misinterpreted that.
hero member
Activity: 667
Merit: 500
Happy div day folks.    Grin

I do want to remind everyone that friedcat said last week that a portion of this weeks dividends would also be used for the incoming 200 TH/s. More curious about the update than the dividend.

Pretty sure he meant those big expenses came out of the last 2 weeks..  i think this week is expected to be a "full"  could be wrong..
sr. member
Activity: 644
Merit: 250
Happy div day folks.    Grin

I do want to remind everyone that friedcat said last week that a portion of this weeks dividends would also be used for the incoming 200 TH/s. More curious about the update than the dividend.


I hope he spends all of it if it means getting more hash power online sooner. Hopefully tomorrow's update will have something of a timeline for overcoming the current barriers that are preventing us from getting to 12.

Totally with you on this one. Hell, I'll even take no dividends for the rest of April if that meant getting the 262 TH/s online by May. Unlikely but one can hope.

For 262 TH/s by May... you could throw in my first born.    Cheesy

While I would love ASICminer to up their hashing, >70% of then network hashrate would probably be something to avoid. I definitely wouldn't complain if we saw our 12 TH/s achieved next week though!
donator
Activity: 294
Merit: 250
Happy div day folks.    Grin

I do want to remind everyone that friedcat said last week that a portion of this weeks dividends would also be used for the incoming 200 TH/s. More curious about the update than the dividend.


I hope he spends all of it if it means getting more hash power online sooner. Hopefully tomorrow's update will have something of a timeline for overcoming the current barriers that are preventing us from getting to 12.

Totally with you on this one. Hell, I'll even take no dividends for the rest of April if that meant getting the 262 TH/s online by May. Unlikely but one can hope.

For 262 TH/s by May... you could throw in my first born.    Cheesy
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