Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1223. (Read 3917029 times)
Thank you for the correction, with details, eleuthria.
My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.
They actually mined with a few GH/s (or maybe more) on Ozcoin 2 days ago (I saw it in their Hall of Fame). But for some reason they're fully on Btcguild again.
As mentioned above, ASICminer left Ozcoin when the fork happened.
And I imagine that is because Ozcoin prioritized getting getwork operations running first and left stratum offline for quite a few hours. IIRC, for longer than half a day Ozcoin's stratum was not functioning.
They didn't prioritize getwork. Their getwork was still running on pre-0.8 nodes, so they were simply left online during the fork since they were safe (and helping the recovery) to leave online. But yes, it did take them about 6-8 hours after the fork was over to turn Stratum back on.
My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.
They actually mined with a few GH/s (or maybe more) on Ozcoin 2 days ago (I saw it in their Hall of Fame). But for some reason they're fully on Btcguild again.
As mentioned above, ASICminer left Ozcoin when the fork happened.
And I imagine that is because Ozcoin prioritized getting getwork operations running first and left stratum offline for quite a few hours. IIRC, for longer than half a day Ozcoin's stratum was not functioning.
Well, I started selling before the update... not sure anymore what to do 
sell 'em cheap... to me!
I'm selling them pretty cheap over in the Auctions forum... if you feel like bidding
My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin.
They actually mined with a few GH/s (or maybe more) on Ozcoin 2 days ago (I saw it in their Hall of Fame). But for some reason they're fully on Btcguild again.
Is there plans to mine on other pools than the ones already in mining on?
I'm not quiet sure on suggestions, but I do know HHTT has grown heavily in size with other ASIC miners starting to mine there recently.
I'm not quiet sure on suggestions, but I do know HHTT has grown heavily in size with other ASIC miners starting to mine there recently.
ASICMINER used to have ~2 TH/s on Ozcoin prior to the hardfork, but consolidated on BTC Guild after that event. My understanding/expectation is the second ~6 TH/s will likely go back to Ozcoin. Obviously this may be changed radically when we start seeing 50 TH/s worth of power. Whether it will be split among many pools, solo mined, or a mixture, it should be another interesting few months. 2013 has offered a lot of excitement
. 
Is there plans to mine on other pools than the ones already in mining on?
I'm not quiet sure on suggestions, but I do know HHTT has grown heavily in size with other ASIC miners starting to mine there recently.
I'm not quiet sure on suggestions, but I do know HHTT has grown heavily in size with other ASIC miners starting to mine there recently.
I'm just hoping the new hashing doesn't turn into a BFL moving target kinda thing.
Status
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.
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.
Im not sure what the network problem is about but at the moment you guys do mine at pools. That means much more traffic instead solomining. Because pools let the miners solve many small hashes and need the solution sent back. Its way more traffic as far as i know.
So did you try to solomine and maybe this can take some pressure out of the network problem? I mean solomining with 6TH isnt a disadvantage like it would be for a gpu-miner. The solved blocks would come in still fast enough.
Its only an idea...
Transparency in what direction? If friedcat would be one of that kind he could silently run some TH for itself and you couldnt notice regardless if he mines solo or at a pool. So at the end you have to trust him anyway. Of course it would be important that friedcat then tells us with how much TH he is mining. Thats not needed yet, when we can see. While i think it would only need a very basic script to give out the actual overall hashrate at the datacenter out to a weppage. So that could even be done automatically.
And what risk do you mean? Pool and solomining is all about solving blocks, while at pools you have more traffic because you solve hashes more often. The only risk i can see is that you have to work a long time until you solve a block. That means you have a slight advantage in poolmining because of the difficulty. But with 6TH you solve blocks fast enough. So i dont see what you mean with risk.
Status
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.
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.
Im not sure what the network problem is about but at the moment you guys do mine at pools. That means much more traffic instead solomining. Because pools let the miners solve many small hashes and need the solution sent back. Its way more traffic as far as i know.
So did you try to solomine and maybe this can take some pressure out of the network problem? I mean solomining with 6TH isnt a disadvantage like it would be for a gpu-miner. The solved blocks would come in still fast enough.
Its only an idea...
...
I think Asicminer is "THE BIG BOY"... no other to see around...
I think Asicminer is "THE BIG BOY"... no other to see around...
You think Intel hasn't noticed this yet? I wouldn't bet on that, it would be nice to give them a run for their money when they get interested though.
*lol* Maybe some geeks in their development department made their little project...
But i think Bitcoins are more or less not really on the radar of the big guys. Because a maximum earning of 1800BTC per day (50% network, more would kill the trust and the cashcow) would mean 46,000,000 USD per year. I think it would be too less to bother. But maybe smaller companies... there are miners on the pools where you dont know what they mine with. Status
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.
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.
Im not sure what the network problem is about but at the moment you guys do mine at pools. That means much more traffic instead solomining. Because pools let the miners solve many small hashes and need the solution sent back. Its way more traffic as far as i know.
So did you try to solomine and maybe this can take some pressure out of the network problem? I mean solomining with 6TH isnt a disadvantage like it would be for a gpu-miner. The solved blocks would come in still fast enough.
Its only an idea...
A chip race would be a big, expensive challenge that could easily end in disaster but after the work so far I'd back asicminer to take on the big boys
I think Asicminer is "THE BIG BOY"... no other to see around...
Well, I started selling before the update... not sure anymore what to do
sell 'em cheap... to me!
Well, I started selling before the update... not sure anymore what to do
Sell SOME
i'd be happy to take em off your hands. you know. as a favor.
(i'm such a loser... ) 
Well, I started selling before the update... not sure anymore what to do
Sell SOME
Can you clarify your estimated dates for increased hashing? Next month is only a week away and we don't know whether you are talking about getting to 12TH, 15TH or 60TH or what when? Thank you sir!
Next batch is at least 50TH/s, which will be assembled and available in the early or middle of next month. Before that we have to gather more employees to form a deploying team because it's nearly a magnitude larger. We also have to deploy the rest of the first batch during this period (between now and the time next batch arrives) with or without new members to the company.And this is estimation. We had somehow missed of the chips production cycle (actual arriving date: late December, estimated: late October to November) and the production/deploying cycle (actual deploying date: still going on, estimated: within March). Unexpected things happen, but we are fully aware of the reason of delays of the first batch and avoided the most in the next one.
This is extremely bullish.
Reasons:
(1) BFL is going to ship next month, not this month... even more delays. They will still only be able to ship 42 TH/s at best.
(2) Avalons are more expensive now.
-> Competitors not going to add too much hashrate to the network. Let's assume it's 130 TH/s without us.
(3) Bitfountain will be able to deploy much more rapidly this time, since our racks will come fully assembled in mid-April.
This gives us at least April and early May to hash at 60 TH/s, and possibly more with overclocking, which would be at least 25% of the network. Per share dividends per week: (1/4) 3600 * 7 / 400000 = .01575. Thus, a reasonable level of profitability can be reasonably expected to continue well into May.
You sure you still want to sell all those shares then?
Well, I started selling before the update... not sure anymore what to do
Can you clarify your estimated dates for increased hashing? Next month is only a week away and we don't know whether you are talking about getting to 12TH, 15TH or 60TH or what when? Thank you sir!
Next batch is at least 50TH/s, which will be assembled and available in the early or middle of next month. Before that we have to gather more employees to form a deploying team because it's nearly a magnitude larger. We also have to deploy the rest of the first batch during this period (between now and the time next batch arrives) with or without new members to the company.And this is estimation. We had somehow missed of the chips production cycle (actual arriving date: late December, estimated: late October to November) and the production/deploying cycle (actual deploying date: still going on, estimated: within March). Unexpected things happen, but we are fully aware of the reason of delays of the first batch and avoided the most in the next one.
This is extremely bullish.
Reasons:
(1) BFL is going to ship next month, not this month... even more delays. They will still only be able to ship 42 TH/s at best.
(2) Avalons are more expensive now.
-> Competitors not going to add too much hashrate to the network. Let's assume it's 130 TH/s without us.
(3) Bitfountain will be able to deploy much more rapidly this time, since our racks will come fully assembled in mid-April.
This gives us at least April and early May to hash at 60 TH/s, and possibly more with overclocking, which would be at least 25% of the network. Per share dividends per week: (1/4) 3600 * 7 / 400000 = .01575. Thus, a reasonable level of profitability can be reasonably expected to continue well into May.
You sure you still want to sell all those shares then?
Can you clarify your estimated dates for increased hashing? Next month is only a week away and we don't know whether you are talking about getting to 12TH, 15TH or 60TH or what when? Thank you sir!
Next batch is at least 50TH/s, which will be assembled and available in the early or middle of next month. Before that we have to gather more employees to form a deploying team because it's nearly a magnitude larger. We also have to deploy the rest of the first batch during this period (between now and the time next batch arrives) with or without new members to the company.And this is estimation. We had somehow missed of the chips production cycle (actual arriving date: late December, estimated: late October to November) and the production/deploying cycle (actual deploying date: still going on, estimated: within March). Unexpected things happen, but we are fully aware of the reason of delays of the first batch and avoided the most in the next one.
This is extremely bullish.
Reasons:
(1) BFL is going to ship next month, not this month... even more delays. They will still only be able to ship 42 TH/s at best.
(2) Avalons are more expensive now.
-> Competitors not going to add too much hashrate to the network. Let's assume it's 130 TH/s without us.
(3) Bitfountain will be able to deploy much more rapidly this time, since our racks will come fully assembled in mid-April.
This gives us at least April and early May to hash at 60 TH/s, and possibly more with overclocking, which would be at least 25% of the network. Per share dividends per week: (1/4) 3600 * 7 / 400000 = .01575. Thus, a reasonable level of profitability can be reasonably expected to continue well into May.
Thanks for the update Friedcat!
Nice to know what to expect in the next weeks/months
Nice to know what to expect in the next weeks/months
Thanks for the update friedcat!
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