ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1240.

lophie

hero member

Activity: 924

Merit: 1001

Unlimited Free Crypto

Quote from: SebastianJu on March 07, 2013, 06:19:05 PM

I think theres no danger. Each of these companies are working as hard as they can... at least they should... because time is money. It wouldnt change anything if they knew that asicminer is mining with 62GH now...

Going after your argumentation it could even be the opposite... that they feel like giving up and lose hope because they see others dominating the market...

It did cost alot of money, sweat and blood for this to deserve the TH instead of GH. It is the least you can do man....

interlagos

hero member

Activity: 496

Merit: 500

Quote from: Deprived on March 07, 2013, 06:11:04 PM

Quote from: interlagos on March 07, 2013, 05:15:39 PM

Quote from: phantastisch on March 07, 2013, 05:01:18 PM

Quote from: bitfair on March 07, 2013, 04:42:54 PM

Quote from: bitfair on March 05, 2013, 06:33:59 AM

Keeping an eye on the competition: BFL chips have arrived in the packaging facility, scheduled for packaging on Wednesday (subject to change).

In other words, they still have a long way to go before their customers can start hashing. I would guess at least another two weeks...

Replying to myself here with another speculation:

BFL is expecting 5000 chips in their first batch, clocked at 350 MHz, with 16 cores each. Multiply them all together, looks like their first batch is only 28 TH/s. That is a lot lower than the estimates I have seen earlier, around 150 TH/s -- but that was probably their total number of preorders.

Also no news on their packaging.

TLDR; BFL won't be a serious threat for a long time yet.

BFL has actually 75000 Chips in preorders. They are expected to bring around 750 TH until june 2013 (BFL-Time)

Add to this around 1 Petahash in June from these guys:
https://bitcointalksearch.org/topic/m.1580984

And around 40 TH (500 units x 80 GH) from these guys within next week (if they are real):
https://bitcointalksearch.org/topic/m.1597462

So the mining landscape is changing drastically. Avalon and BFL don't look all that scary anymore.

I hope friedcat has some serious plans for the summer period.
I'm not sure anybody can compete with 28nm SOI at the moment (as in the first linked thread), but ASICMINER can work together with them!

The 40 TH one is definitely a scam.

My crystal ball says they are not, but we will find out soon enough

Quote from: Deprived on March 07, 2013, 06:11:04 PM

The 1 Petahash one could be real or could be scam - no way to know yet. If some company bites on their offer then that company will find out based on whether they get given a demo or asked for some cash up front for some unforeseen problem that just cropped up.

Those guys look way too serious to be a scam, but I agree that prices and unexpected costs might be a set back for some.
They promised to make a joint public announcement with their two approved B2C partners by the end of March.

Interesting times ahead!

matauc12

hero member

Activity: 658

Merit: 500

I am fine with updates not talking about the future, your every move, Q&A. Even the financials, if they are not done time is better spent somewhere else.

But current available information that basically just needs confirmation bugs me a bit. At least if I have to wait another week for it.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: friedcat on March 07, 2013, 02:18:32 PM

...we currently owe the board members more active contact and the community the samples.

WHY? I understand it right that someone will get an asic right? But first its said all shareholders will be treated the same and then a sample should be given to someone? That doesnt make sense to me. Even when it would be to start the selling of asics it wouldnt make sense at this point anymore because everyone knows quite fine now that the asics work.

I would have appreaciated to get info about what part of work is the thing that slows down everything so that we could think about a solution.

Anyway... i appreciate the work you guys do and thank you for it. Plus the dividends i got so far...

But please give some more informations to the shareholders so they dont have to guess so much fruitlessly... i mean writing a post is a matter of some minutes only...

Quote from: JaredR26 on March 07, 2013, 04:08:33 PM

Honestly I'd rather them not tell us.

If we know where/how much we are hashing, our competition can make estimates and move to counter our hashing. The lack of knowledge about our hashpower may make them hesitate(or rashly bite off more than they can chew). If they get in the habit of keeping things under wraps now, ultimately shareholders may benefit more than the comfort of having numbers.

I think theres no danger. Each of these companies are working as hard as they can... at least they should... because time is money. It wouldnt change anything if they knew that asicminer is mining with 62GH now...

Going after your argumentation it could even be the opposite... that they feel like giving up and lose hope because they see others dominating the market...

Deprived

hero member

Activity: 532

Merit: 500

Quote from: interlagos on March 07, 2013, 05:15:39 PM

Quote from: phantastisch on March 07, 2013, 05:01:18 PM

Quote from: bitfair on March 07, 2013, 04:42:54 PM

Quote from: bitfair on March 05, 2013, 06:33:59 AM

Keeping an eye on the competition: BFL chips have arrived in the packaging facility, scheduled for packaging on Wednesday (subject to change).

In other words, they still have a long way to go before their customers can start hashing. I would guess at least another two weeks...

Replying to myself here with another speculation:

BFL is expecting 5000 chips in their first batch, clocked at 350 MHz, with 16 cores each. Multiply them all together, looks like their first batch is only 28 TH/s. That is a lot lower than the estimates I have seen earlier, around 150 TH/s -- but that was probably their total number of preorders.

Also no news on their packaging.

TLDR; BFL won't be a serious threat for a long time yet.

BFL has actually 75000 Chips in preorders. They are expected to bring around 750 TH until june 2013 (BFL-Time)

Add to this around 1 Petahash in June from these guys:
https://bitcointalksearch.org/topic/m.1580984

And around 40 TH (500 units x 80 GH) from these guys within next week (if they are real):
https://bitcointalksearch.org/topic/m.1597462

So the mining landscape is changing drastically. Avalon and BFL don't look all that scary anymore.

I hope friedcat has some serious plans for the summer period.
I'm not sure anybody can compete with 28nm SOI at the moment (as in the first linked thread), but ASICMINER can work together with them!

The 40 TH one is definitely a scam.

The 1 Petahash one could be real or could be scam - no way to know yet. If some company bites on their offer then that company will find out based on whether they get given a demo or asked for some cash up front for some unforeseen problem that just cropped up.

interlagos

hero member

Activity: 496

Merit: 500

Quote from: phantastisch on March 07, 2013, 05:01:18 PM

Quote from: bitfair on March 07, 2013, 04:42:54 PM

Quote from: bitfair on March 05, 2013, 06:33:59 AM

Keeping an eye on the competition: BFL chips have arrived in the packaging facility, scheduled for packaging on Wednesday (subject to change).

In other words, they still have a long way to go before their customers can start hashing. I would guess at least another two weeks...

Replying to myself here with another speculation:

BFL is expecting 5000 chips in their first batch, clocked at 350 MHz, with 16 cores each. Multiply them all together, looks like their first batch is only 28 TH/s. That is a lot lower than the estimates I have seen earlier, around 150 TH/s -- but that was probably their total number of preorders.

Also no news on their packaging.

TLDR; BFL won't be a serious threat for a long time yet.

BFL has actually 75000 Chips in preorders. They are expected to bring around 750 TH until june 2013 (BFL-Time)

Add to this around 1 Petahash in June from these guys:
https://bitcointalksearch.org/topic/m.1580984

And around 40 TH (500 units x 80 GH) from these guys within next week (if they are real):
https://bitcointalksearch.org/topic/m.1597462

So the mining landscape is changing drastically. Avalon and BFL don't look all that scary anymore.

I hope friedcat has some serious plans for the summer period.
I'm not sure anybody can compete with 28nm SOI at the moment (as in the first linked thread), but ASICMINER can work together with them!

phantastisch

legendary

Activity: 2271

Merit: 1363

Quote from: bitfair on March 07, 2013, 04:42:54 PM

Quote from: bitfair on March 05, 2013, 06:33:59 AM

Keeping an eye on the competition: BFL chips have arrived in the packaging facility, scheduled for packaging on Wednesday (subject to change).

In other words, they still have a long way to go before their customers can start hashing. I would guess at least another two weeks...

Replying to myself here with another speculation:

BFL is expecting 5000 chips in their first batch, clocked at 350 MHz, with 16 cores each. Multiply them all together, looks like their first batch is only 28 TH/s. That is a lot lower than the estimates I have seen earlier, around 150 TH/s -- but that was probably their total number of preorders.

Also no news on their packaging.

TLDR; BFL won't be a serious threat for a long time yet.

BFL has actually 75000 Chips in preorders. They are expected to bring around 750 TH until june 2013 (BFL-Time)

bitfair

sr. member

Activity: 362

Merit: 250

Quote from: bitfair on March 05, 2013, 06:33:59 AM

Keeping an eye on the competition: BFL chips have arrived in the packaging facility, scheduled for packaging on Wednesday (subject to change).

In other words, they still have a long way to go before their customers can start hashing. I would guess at least another two weeks...

Replying to myself here with another speculation:

BFL is expecting 5000 chips in their first batch, clocked at 350 MHz, with 16 cores each. Multiply them all together, looks like their first batch is only 28 TH/s. That is a lot lower than the estimates I have seen earlier, around 150 TH/s -- but that was probably their total number of preorders.

Also no news on their packaging.

TLDR; BFL won't be a serious threat for a long time yet.

JaredR26

full member

Activity: 219

Merit: 100

Quote from: SmiGueL on March 07, 2013, 04:06:51 PM

Quote from: DutchBrat on March 07, 2013, 02:35:25 PM

Can you elaborate on where you are hashing at the moment and under which usernames/IDs.... So we can keep track of our hashing power :-)

I would also like to know that

The ~4 TH/s on BTCGuild is pretty clear,
But I'm not sure whether to add Anonymous from ozco.in to the graph of ASICMINER Hashing Speed.
(When the bitfountainx user stopped, the Anonymous user hashrate rised as mentioned here. And the next morning the opposite happened as I mentioned. here.

IF that is true, that would mean an average Hash Speed of 7 / 8 TH/s at the moment.

Honestly I'd rather them not tell us.

If we know where/how much we are hashing, our competition can make estimates and move to counter our hashing. The lack of knowledge about our hashpower may make them hesitate(or rashly bite off more than they can chew). If they get in the habit of keeping things under wraps now, ultimately shareholders may benefit more than the comfort of having numbers.

SmiGueL

sr. member

Activity: 322

Merit: 252

Quote from: DutchBrat on March 07, 2013, 02:35:25 PM

Can you elaborate on where you are hashing at the moment and under which usernames/IDs.... So we can keep track of our hashing power :-)

I would also like to know that

The ~4 TH/s on BTCGuild is pretty clear,
But I'm not sure whether to add Anonymous from ozco.in to the graph of ASICMINER Hashing Speed.
(When the bitfountainx user stopped, the Anonymous user hashrate rised as mentioned here. And the next morning the opposite happened as I mentioned here.

IF that is true, that would mean an average Hash Speed of 7 / 8 TH/s at the moment.

Gabit

full member

Activity: 145

Merit: 100

Could shareholders get a dedicated forum?

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: matauc12 on March 07, 2013, 02:41:15 PM

Can we at very least know what and where we are hashing? Was kinda hoping for that this week...

It really should be part of every weekly update...

matauc12

hero member

Activity: 658

Merit: 500

Quote from: friedcat on March 07, 2013, 02:18:32 PM

Update

The market finds a way for more liquidity. What we want to emphasis again is that we are neutral towards all shareholders, treating each share and shareholder with no difference. We neither support nor disapprove any non-harmful usage of our shares. And we are not involved in any form of derivatives. We also take no benefits from them besides their positive externality.

We were not great timeline holders so we would like to keep us from giving empty estimated dates. But the next week may possibly see our occupation of more portion in the whole network. Also the second batch is on its way and we are becoming much more prepared to them.

We are fully aware of that we currently owe the board members more active contact and the community the samples. But we have to put effort to the shareholders' side most. We have a lot of plans and ideas to share with the board, and will keep the promise to deliver the trial boards.

Using satoshis to represent share numbers, is both an asking for confirmation and an assurance to us that the transaction will be legal with each week's modification by trading.

Can we at very least know what and where we are hashing? Was kinda hoping for that this week...

DutchBrat

hero member

Activity: 868

Merit: 1000

Quote from: friedcat on March 07, 2013, 02:18:32 PM

Update

The market finds a way for more liquidity. What we want to emphasis again is that we are neutral towards all shareholders, treating each share and shareholder with no difference. We neither support nor disapprove any non-harmful usage of our shares. And we are not involved in any form of derivatives. We also take no benefits from them besides their positive externality.

We were not great timeline holders so we would like to keep us from giving empty estimated dates. But the next week may possibly see our occupation of more portion in the whole network. Also the second batch is on its way and we are becoming much more prepared to them.

We are fully aware of that we currently owe the board members more active contact and the community the samples. But we have to put effort to the shareholders' side most. We have a lot of plans and ideas to share with the board, and will keep the promise to deliver the trial boards.

Using satoshis to represent share numbers, is both an asking for confirmation and an assurance to us that the transaction will be legal with each week's modification by trading.

Thanks for the update....

Can you elaborate on where you are hashing at the moment and under which usernames/IDs.... So we can keep track of our hashing power :-)

friedcat

donator

Activity: 848

Merit: 1005

Update

The market finds a way for more liquidity. What we want to emphasis again is that we are neutral towards all shareholders, treating each share and shareholder with no difference. We neither support nor disapprove any non-harmful usage of our shares. And we are not involved in any form of derivatives. We also take no benefits from them besides their positive externality.

We were not great timeline holders so we would like to keep us from giving empty estimated dates. But the next week may possibly see our occupation of more portion in the whole network. Also the second batch is on its way and we are becoming much more prepared to them.

We are fully aware of that we currently owe the board members more active contact and the community the samples. But we have to put effort to the shareholders' side most. We have a lot of plans and ideas to share with the board, and will keep the promise to deliver the trial boards.

Using satoshis to represent share numbers, is both an asking for confirmation and an assurance to us that the transaction will be legal with each week's modification by trading.

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: ?? on ??

Quote from: Transisto on March 07, 2013, 12:41:14 AM

What's wrong with this transaction ?

http://blockchain.info/tx-index/58710888/06585f02e5992bd7fdf28f69b1d3f6f91a5a6969c79061ec67c29c17c7f5a1f5
not confirming... hours later

That's proof of share ownership.

low fee, lots of dust, lots of other transactions waiting.

it will sooner or later. don't worry.

Or double spend the coins with a fee the default client considers acceptable?

Plug: I am longing ASICMINER shares. I will pay 0.7 BTC in the next six months per share. PM me if you are interested.

Transisto

donator

Activity: 1731

Merit: 1008

What's wrong with this transaction ?

http://blockchain.info/tx-index/58710888/06585f02e5992bd7fdf28f69b1d3f6f91a5a6969c79061ec67c29c17c7f5a1f5
not confirming... hours later

That's proof of share ownership.

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

the coins are so fresh

LazyOtto

sr. member

Activity: 476

Merit: 250

Quote from: eleuthria on March 06, 2013, 05:38:50 PM

Quote from: LazyOtto on March 06, 2013, 05:36:59 PM

I have not received a dividend payment this week. (Got last week's.)

Network luck is pitiful (7 blocks in ~3 hours) right now. LOTS of transactions not getting confirmed as a result, so your dividend may just be stuck in limbo at the moment.

Yep. Just now showed up.

Now, along with everyone else, I'll watch to see how long before it hits six confirmations.

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: rdponticelli on March 06, 2013, 05:43:55 PM

Quote from: eleuthria on March 06, 2013, 05:38:50 PM

Quote from: LazyOtto on March 06, 2013, 05:36:59 PM

I have not received a dividend payment this week. (Got last week's.)

Network luck is pitiful (7 blocks in ~3 hours) right now. LOTS of transactions not getting confirmed as a result, so your dividend may just be stuck in limbo at the moment.

BTW. Is it really needed to confirm the number of shares with satoshi's?

Using the blockchain for communications isn't a good idea. It spams the system, bloating everything. Just saying... Roll Eyes

A google docs spreadsheet would be better, or listing on an exchange...

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1240. (Read 3917029 times)