Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1258. (Read 3917543 times)
February 22, 2013, 10:51:35 PM
20 more blocks and we are #1 on btcguild.
February 22, 2013, 10:39:54 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?
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.
February 22, 2013, 10:18:03 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?
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'.
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?
Could it be, that they are hashing there without telling?
February 22, 2013, 02:37:36 AM
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...
February 22, 2013, 01:54:53 AM
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... February 22, 2013, 01:49:16 AM
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.
February 21, 2013, 10:26:18 PM
Congratualtions to this project and being the first to kick some ass!
February 21, 2013, 10:17:51 PM
...
Pubic balance sheet: per quarter
...
Pubic balance sheet: per quarter
...
*snicker*
Needs to be at the location. Remote PR is useless.
Has to be - like as personal assistent for communication i.e. secretary
We dont need another person like Inaba or MPOE-PR
This, this, this, a thousand times, this. Friedcat has provided shareholders with awesome weekly updates. Stop being impatient.
February 21, 2013, 10:12:02 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 ?
Given how small the Bitcoin economy is, how would it really benefit them? How many of you would hoard your BTC, buy BTC or continue mining if China took control of the network?
Im not sure when the chinese government will think its prudent to do so. I guess its like asking why the US convinced the saudis to price oil in USD.
February 21, 2013, 10:03:12 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 ?
Given how small the Bitcoin economy is, how would it really benefit them? How many of you would hoard your BTC, buy BTC or continue mining if China took control of the network?
February 21, 2013, 09:59:56 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. 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 ?
February 21, 2013, 09:45:51 PM
Needs to be at the location. Remote PR is useless.
Has to be - like as personal assistent for communication i.e. secretary
We dont need another person like Inaba or MPOE-PR
February 21, 2013, 07:12:45 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. They said that they had shipped a batch of 53 before CNY but it likely didn't clear customs before then - it might be those units which have now reached end users. If Avalon is smart, they've continued assembling units over CNY and should have quite a few ready to ship now the holiday period is over.
I think what people want from friedcat is a timeline for bringing the rest of the 12 TH online. I understand his reluctance to give one. We've already seen how people take "we hope to" statements as if they were set in concrete, and it probably is best to not get sucked into that game.
February 21, 2013, 06:20:47 PM
So the ones at ozcoin really are avalonusers. I wondered about that since the avalon user thread became active more and more.
But what i wonder about is that till now only a fraction of the 12TH are online. And it looks like they now have 3,6TH online. 8 days before it was 2TH. So 0.2TH per day came online. That means a problem. The 12TH would be online in 42 days. Not to say something about the 50TH coming in some days.
I think something mus happen here. I wonder whats the thing thats eating so much time and if this step cant be changed, outsourced or whatever because the speed now wont lead to success.
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?
But what i wonder about is that till now only a fraction of the 12TH are online. And it looks like they now have 3,6TH online. 8 days before it was 2TH. So 0.2TH per day came online. That means a problem. The 12TH would be online in 42 days. Not to say something about the 50TH coming in some days.
I think something mus happen here. I wonder whats the thing thats eating so much time and if this step cant be changed, outsourced or whatever because the speed now wont lead to success.
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?
February 21, 2013, 06:19:47 PM
A PR team, lmao...
"Today we experienced difficulty with the blue coloured CAT-6 connecting rack #8 so we switched it to a new yellow one. The yellow one is a meter longer, we hope this does not add any lag"
"Today we experienced difficulty with the blue coloured CAT-6 connecting rack #8 so we switched it to a new yellow one. The yellow one is a meter longer, we hope this does not add any lag"
At the end of the day, what does it matter? People around here are so fuckin needy for no real gain.
I digress, but as a Sysadmin... gotta make sure everything is colour coded and wired cleanly on the Racks
.On Topic...
Glad to hear Dividends are coming out soon. I don't recall reading of this - but is there a location we can read the total dividend accumulation or just ballpark it based on btcguild + shares found?
-VJ
This must be a nightmare for you then... my personal rack
February 21, 2013, 05:10:14 PM
Props to you ASICMINER for being the first company to widely manufacturer & deploy ASICS
February 21, 2013, 03:45:13 PM
A PR team, lmao...
"Today we experienced difficulty with the blue coloured CAT-6 connecting rack #8 so we switched it to a new yellow one. The yellow one is a meter longer, we hope this does not add any lag"
"Today we experienced difficulty with the blue coloured CAT-6 connecting rack #8 so we switched it to a new yellow one. The yellow one is a meter longer, we hope this does not add any lag"
At the end of the day, what does it matter? People around here are so fuckin needy for no real gain.
I digress, but as a Sysadmin... gotta make sure everything is colour coded and wired cleanly on the Racks
.On Topic...
Glad to hear Dividends are coming out soon. I don't recall reading of this - but is there a location we can read the total dividend accumulation or just ballpark it based on btcguild + shares found?
-VJ
February 21, 2013, 02:25:13 PM
PR is totally useless for a company like ASICMINER, because ASICMINER doesn't need any realation to the "public".
I think you just mean more information for the shareholders, which can be achieved much cheaper, than some
overprised PR-Guy.
I think you just mean more information for the shareholders, which can be achieved much cheaper, than some
overprised PR-Guy.
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