ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1258.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: Gabit on February 24, 2013, 08:05:41 AM

I agree, more people needed to get full benefits.

I hope friedcat will see it the correct way. The way i see friedcat till now he is a kind person with ideals and he really wants to create a good shareholder experience. But persons like that are at risk of becoming a workaholic. When i read they work day and night, often without sleep, i think its not too far fetched. And if one is in this wheel you want to do everything alone, dont want to delegate. Even though the results wouldnt be the best seen from the outside and the person doing the work is bringing the own health in danger.
Im not sure if something like that is involved but i hope friedcat and team can see the things rational and can come to the best decision.

But i would like to know anyway what exactly they are doing and what it is that is eating the time. Then one can think about a solution.

Gabit

full member

Activity: 145

Merit: 100

Quote from: SebastianJu on February 24, 2013, 07:30:58 AM

Quote from: repentance on February 21, 2013, 07:12:45 PM

Quote from: SebastianJu on February 21, 2013, 06:20:47 PM

I wonder how avalon did the same in a much shorter timeframe if they really were able of sending out so many items in so short time? Did they manufacture everything ready to go at a factory?

Avalon previously said that they were assembling around 12 units a day.

I took a look at the homepage of avalon and they claim that their units have 0.065TH. When they complete 12 units a day they have a speed of 0.78TH per day. That seems to be more than the 0.2TH Asicminer can create. And i dont have clue whats the hindrance here. I really would prefer to have more infos.

Are they sitting around with a soldering bolt and put the asicchips at a PCB or what is the time-eater? It really is worrying me now a bit that we dont have 12TH online but 4.2TH only. After weeks. I think even if friedcat would hire real professionals to do that task and they come at friedcats place it would be way way more effective because the income would be way more than the salary.

I really see a problem here. Please friedcat think about a solution, maybe hire some guys that can help because when the 50TH are coming the speed now is used wouldnt work.

I dont want to put pressure on you friedcat to work more, because it looks you guys are working hard anyway. I only want that you guys think about a solution to make this all faster. And hiring-costs wouldnt be the biggest factor to take into account.

I agree, more people needed to get full benefits.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: repentance on February 21, 2013, 07:12:45 PM

Quote from: SebastianJu on February 21, 2013, 06:20:47 PM

I wonder how avalon did the same in a much shorter timeframe if they really were able of sending out so many items in so short time? Did they manufacture everything ready to go at a factory?

Avalon previously said that they were assembling around 12 units a day.

I took a look at the homepage of avalon and they claim that their units have 0.065TH. When they complete 12 units a day they have a speed of 0.78TH per day. That seems to be more than the 0.2TH Asicminer can create. And i dont have clue whats the hindrance here. I really would prefer to have more infos.

Are they sitting around with a soldering bolt and put the asicchips at a PCB or what is the time-eater? It really is worrying me now a bit that we dont have 12TH online but 4.2TH only. After weeks. I think even if friedcat would hire real professionals to do that task and they come at friedcats place it would be way way more effective because the income would be way more than the salary.

I really see a problem here. Please friedcat think about a solution, maybe hire some guys that can help because when the 50TH are coming the speed now is used wouldnt work.

I dont want to put pressure on you friedcat to work more, because it looks you guys are working hard anyway. I only want that you guys think about a solution to make this all faster. And hiring-costs wouldnt be the biggest factor to take into account.

mrb

legendary

Activity: 1512

Merit: 1028

Yup. Whether you look at the 3- or 7- or 14-day average, we clearly went from 21-22 to 30+ THash/s in 1.5 months. Hardly unchanging, but clearly a nice +50% mining increase.

Gabit

full member

Activity: 145

Merit: 100

Quote from: MPOE-PR on February 24, 2013, 03:28:23 AM

the value reported on bitcoincharts. It's been something like 25-30 Th since at the very least November. Why so hostile?

This gives quite beautiful uptrend. http://bitcoin.sipa.be/speed-lin.png

MPOE-PR

hero member

Activity: 756

Merit: 522

Quote from: kano on February 23, 2013, 11:57:05 AM

Quote from: MPOE-PR on February 23, 2013, 08:39:22 AM

Quote from: fcmatt on February 22, 2013, 11:45:28 PM

Quote from: keystroke on February 22, 2013, 10:51:35 PM

20 more blocks and we are #1 on btcguild.

Amazing isnt it? Diff is so going to sky rocket in the coming weeks to a month or two.

And yet strangely enough it still looks like 27ish Th, and has been for what, three months now?

Right - and after you learn to look at a graph and understand it - try typing that whole line again ...

I'm just going by the value reported on bitcoincharts. It's been something like 25-30 Th since at the very least November. Why so hostile?

VJain

sr. member

Activity: 305

Merit: 250

4TH and climbing!

uuidman

full member

Activity: 121

Merit: 100

Friedcat, there seems to be progress regarding nerfarios payback. Check out
https://bitcointalksearch.org/topic/m.1552504
There are four lucky addresses.

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

Quote from: MPOE-PR on February 23, 2013, 08:39:22 AM

Quote from: fcmatt on February 22, 2013, 11:45:28 PM

Quote from: keystroke on February 22, 2013, 10:51:35 PM

20 more blocks and we are #1 on btcguild.

Amazing isnt it? Diff is so going to sky rocket in the coming weeks to a month or two.

And yet strangely enough it still looks like 27ish Th, and has been for what, three months now?

Right - and after you learn to look at a graph and understand it - try typing that whole line again ...

MPOE-PR

hero member

Activity: 756

Merit: 522

Quote from: fcmatt on February 22, 2013, 11:45:28 PM

Quote from: keystroke on February 22, 2013, 10:51:35 PM

20 more blocks and we are #1 on btcguild.

Amazing isnt it? Diff is so going to sky rocket in the coming weeks to a month or two.

And yet strangely enough it still looks like 27ish Th, and has been for what, three months now?

fcmatt

legendary

Activity: 2072

Merit: 1001

Quote from: keystroke on February 22, 2013, 10:51:35 PM

20 more blocks and we are #1 on btcguild.

Amazing isnt it? Diff is so going to sky rocket in the coming weeks to a month or two.

keystroke

hero member

Activity: 900

Merit: 1014

advocate of a cryptographic attack on the globe

20 more blocks and we are #1 on btcguild.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: 237 on February 22, 2013, 10:09:47 AM

I don't know if i am seeing things, but when the Hashrate of ASICMINER dropped on BTCGuild from 3.5TH/s to around 3TH/s the Hashrate of the top OZCoin miners went up.

Could it be, that they are hashing there without telling?

Its possible because friedcat claimed they tested at other pools but the results were too bad.

samson

legendary

Activity: 2097

Merit: 1070

Quote from: 237 on February 22, 2013, 10:09:47 AM

I don't know if i am seeing things, but when the Hashrate of ASICMINER dropped on BTCGuild from 3.5TH/s to around 3TH/s the Hashrate of the top OZCoin miners went up.

Could it be, that they are hashing there without telling?

It was announced by friedcat yesterday that other pools will be used once they make 'corresponding adaptions to very large workloads in the next week'.

237

sr. member

Activity: 264

Merit: 250

I don't know if i am seeing things, but when the Hashrate of ASICMINER dropped on BTCGuild from 3.5TH/s to around 3TH/s the Hashrate of the top OZCoin miners went up.

Could it be, that they are hashing there without telling?

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Quote from: Jutarul on February 22, 2013, 01:54:53 AM

Quote from: niko on February 22, 2013, 01:49:16 AM

Quote from: Jutarul on February 21, 2013, 09:59:56 PM

For that reason it is important to disperse the hashing power all around the globe...

This is a dangerous misconception. Hashing power has in practice nothing to do with network security. What matters is the total investment in the mining sector...

here you assume that the aggressor either produces or buys hashing power, correct? The comment referred to a take down measure or hostile takeover - not an economic attack on the network.

Oops. I went on a tangent and totally missed your point. Yes, a raid is certainly possible, but not likely.

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: niko on February 22, 2013, 01:49:16 AM

Quote from: Jutarul on February 21, 2013, 09:59:56 PM

For that reason it is important to disperse the hashing power all around the globe...

This is a dangerous misconception. Hashing power has in practice nothing to do with network security. What matters is the total investment in the mining sector...

here you assume that the aggressor either produces or buys hashing power, correct? The comment referred to a take down measure or hostile takeover - not an economic attack on the network.

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Quote from: Jutarul on February 21, 2013, 09:59:56 PM

Quote from: Monster Tent on February 21, 2013, 09:52:07 PM

If bitcoin becomes big enough I wonder when the chinese government will realise they could be one police raid away from controlling the majority of the bitcoin network ?

For that reason it is important to disperse the hashing power all around the globe. Then no single government has that kind of power - at least they'd need to employ the military instead of the police.

This is a dangerous misconception. Hashing power has in practice nothing to do with network security. What matters is the total investment in the mining sector. Just before ASICs came out, assuming average dollar cost of H/s for GPUs and FPGAs, the investment was on the order of several tens of millions of dollars. Now, with all the ASIC hysteria and BTC price rising, mining sector may be overinvested (and miners will soon learn this the hard way, unless the price keeps rising), we may be dealing with 40-80 million USD. That's the real measure of network (in)security, as that's what it takes to dominate the network.

By the way, this is peanuts even for the governments of Thailand, Canada, or Nigeria - mentioning China or the U.S. in this context is plain ridiculous. Also, this is peanuts for the majority of multinational corporations.

fcmatt

legendary

Activity: 2072

Merit: 1001