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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1214. (Read 3917543 times)

hero member
Activity: 752
Merit: 500
bitcoin hodler
Search for stratum and variable difficulty and you will find out that even with 1000TH/s bandwith can be as low as 1kB/s.

yeah, Slush created stratum protocol exactly because ASIC devices needed it. There shouldn't be a problem with bandwidth
legendary
Activity: 1029
Merit: 1000
Search for stratum and variable difficulty and you will find out that even with 1000TH/s bandwith can be as low as 1kB/s.
sr. member
Activity: 322
Merit: 252
Can someone explain what the column "Total TH/s" refers to?

I've indeed converted the Current Difficulty to the equivalent Total Hashrate Smiley

Click on the graph for a more detailed version  Cool



Status
This week meets more stagnancy of deploying. But in the last few days we poured 0.5TH/s into our mining farm as the installing of power cables in the new place goes on. The total hashrate grows much less than this, mostly possibly because of the bottleneck in our local network setting. We are still identifying and fixing the problem.

Hm, this is taking almost a week now..

Can somebody who's mining please tell me what the download/upload speeds are when mining with about 1GH/s of GPU's?
Let's say this is for example about 2 kB/s, that would mean a 6,5 TH/s farm requires at least a 100Mb/s internet connection.

I really hope such simple thing as this isn't the problem causing us a few weeks delay, but I can image that 6.5 TH/s is taking a lot of bandwidth Tongue
donator
Activity: 294
Merit: 250
Does anyone have an idea why ASICMINER's hashrate at BTC Guild dropped over the past two days??

BTCGuild was under repeated DDoS, so maybe that's the reason... Now the ASICMINER hashrate stands on cca 6,1 TH/s.

Thanks for the info.


Cheers.
sr. member
Activity: 406
Merit: 250
Does anyone have an idea why ASICMINER's hashrate at BTC Guild dropped over the past two days??

BTCGuild was under repeated DDoS, so maybe that's the reason... Now the ASICMINER hashrate stands on cca 6,1 TH/s.
full member
Activity: 195
Merit: 100
For any US-based shareholders who plan to report/pay taxes on dividends, is there any guidance from the company as to whether these could possibly be "qualified" dividends (lower tax rate in the US). Thanks
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
...

Can someone explain what the column "Total TH/s" refers to?
Looks like it's just the network difficulty converted to TH/s
So that will almost always be below what it really is (at the moment and for the last few months)

Edit: in case you were wondering ... (diff / 600) * 2^32 / 10^12 TH/s
hero member
Activity: 560
Merit: 500
Correct me if I'm wrong but I believe that is the total Bitcoin network?
full member
Activity: 131
Merit: 100
if I can guess, it would be approximately 0.008 btc divident for a normal week, or a little bit more.

(0.003775/3)*7 = 0.0088

and I read they invested some of this and next weeks divident into their progress, so it would be the week after next week to see this normal 0.0088 divident / share, is a low estimate because I dont know how much has been taken to invest, which can be added again the week after next week

ps. it seems to be a slow transaction, not yet confirmed, I've other transaction made later, that are confirmed 5 times, and the number of shares in satoshis is also confirmed (12 confirmations) , or is this a blockchain.info glitch?   Will be okay in some time I'm sure, just curious what it could be.

Completely wrong. You are forgetting about the dividend that was paid last Sunday. My point is that probably not all was paid out.

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

What google spraedsheet?


https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0



Can someone explain what the column "Total TH/s" refers to?
donator
Activity: 294
Merit: 250
if I can guess, it would be approximately 0.008 btc divident for a normal week, or a little bit more.

(0.003775/3)*7 = 0.0088

and I read they invested some of this and next weeks divident into their progress, so it would be the week after next week to see this normal 0.0088 divident / share, is a low estimate because I dont know how much has been taken to invest, which can be added again the week after next week

ps. it seems to be a slow transaction, not yet confirmed, I've other transaction made later, that are confirmed 5 times, and the number of shares in satoshis is also confirmed (12 confirmations) , or is this a blockchain.info glitch?   Will be okay in some time I'm sure, just curious what it could be.

Completely wrong. You are forgetting about the dividend that was paid last Sunday. My point is that probably not all was paid out.

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

What google spraedsheet?


https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0

donator
Activity: 294
Merit: 250
Does anyone have an idea why ASICMINER's hashrate at BTC Guild dropped over the past two days??
hero member
Activity: 756
Merit: 500
if I can guess, it would be approximately 0.008 btc divident for a normal week, or a little bit more.

(0.003775/3)*7 = 0.0088

and I read they invested some of this and next weeks divident into their progress, so it would be the week after next week to see this normal 0.0088 divident / share, is a low estimate because I dont know how much has been taken to invest, which can be added again the week after next week

ps. it seems to be a slow transaction, not yet confirmed, I've other transaction made later, that are confirmed 5 times, and the number of shares in satoshis is also confirmed (12 confirmations) , or is this a blockchain.info glitch?   Will be okay in some time I'm sure, just curious what it could be.

Completely wrong. You are forgetting about the dividend that was paid last Sunday. My point is that probably not all was paid out.

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

What google spraedsheet?
Vbs
hero member
Activity: 504
Merit: 500
Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
Unlikely. At these price levels even GPU mining is still profitable.
GPU mining is still very profitable:

https://blockchain.info/charts/miners-operating-profit-margin

https://blockchain.info/stats (see bottom)
donator
Activity: 980
Merit: 1000
Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
Unlikely. At these price levels even GPU mining is still profitable.

ASIC makers unplugging from "testing" and sending the miners to actual customers.
donator
Activity: 994
Merit: 1000
Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
Unlikely. At these price levels even GPU mining is still profitable.
member
Activity: 84
Merit: 10
Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
hero member
Activity: 491
Merit: 500
To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

i could be wrong, it is just a guess, but i didnt forget about last Sunday,  monday tuesday wednesday = 3 days. 0.003775 / 3 is divident for a normal day, that times 7 would be for a normal week , in my basic logic, im sure im forgetting about other stuff, like the part that has been invested and such.. ,  but yeah, it is just a guessing game.. maybe i should not try to predict these things  Roll Eyes

No offence. Smiley I am just saying that the Sunday dividend paid back the balance of the initial investment of 0.1 BTC. So probably there was some profit left. Plus we do not know how much was invested of the profits. So it is just all speculation. We can get an idea of the earnings from e.g. the spreadsheets and speculate even more about the future dividends.  Wink
Please stop your guessing games, until friedcat had a chance to explain the dividend key (distribution+retained) for the future dividend payments. There are too many unknowns right now.

+1
Exactly my point.

And friedcat should really provide the dividend key and financial statements (not only to board members). This is essential for transparency and to attract future investors - which is in the interest of both bitfountain and ASICMINER shareholders.
full member
Activity: 212
Merit: 100
ASICMINER, best investment of my life :-) Keep up the good work!
237
sr. member
Activity: 264
Merit: 250
Has anyone received any confirmation for the dividend transaction? Still at 0


Mine are at 0 confirmations too.
It is because he sends the dividents without transaction fee. Just give it a little more time, and eventually it will be confirmed.

As you can see here http://blockchain.info/en/unconfirmed-transactions
there are lots of unconfirmed transactions piling up right now.


woohoo, 1 confirmation, and he did pay transaction fee

(Fee: 0.0005 BTC - Size: 2104 bytes) 2013-03-27 15:55:18
http://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF

Oh you are right. I'm sorry.

So it was only because of the huge load of transactions going on right now.
sr. member
Activity: 473
Merit: 250
Sodium hypochlorite, acetone, ethanol
Has anyone received any confirmation for the dividend transaction? Still at 0


Mine are at 0 confirmations too.
It is because he sends the dividents without transaction fee. Just give it a little more time, and eventually it will be confirmed.

As you can see here http://blockchain.info/en/unconfirmed-transactions
there are lots of unconfirmed transactions piling up right now.


woohoo, 1 confirmation, and he did pay transaction fee

(Fee: 0.0005 BTC - Size: 2104 bytes) 2013-03-27 15:55:18
http://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF
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