ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1262.

Korbman

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Quote from: Gabit on February 18, 2013, 04:15:41 PM

Quote from: zefir on February 18, 2013, 04:01:29 PM

Strange, you must have scripting disabled.

Anyhow, this is the current top-20 at ozco.in:

Actually the problem is that the page is loaded under SSL (https) and it tries to load non-secure (http) content from google jsapi (which in this should get blocked by browser, as it claims to be secure but it is not). So one gets the chart if allows this misbehavior.

This ^^

On a topic related note, does anyone know if this user was attributed to ASICMiner or anyone else? I noticed it dropped by 100GH/s but started increasing again...figured it might be a burn in?

Gabit

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Quote from: zefir on February 18, 2013, 04:01:29 PM

Strange, you must have scripting disabled.

Anyhow, this is the current top-20 at ozco.in:

Actually the problem is that the page is loaded under SSL (https) and it tries to load non-secure (http) content from google jsapi (which in this should get blocked by browser, as it claims to be secure but it is not). So one gets the chart if allows this misbehavior.

zefir

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Quote from: SaintFlow on February 18, 2013, 03:26:44 PM

Quote from: zefir on February 18, 2013, 01:22:58 PM

Quote from: DutchBrat on February 18, 2013, 11:19:54 AM

I edited the link, thanks

https://www.ozcoin.net/content/hall-fame-round-shares-bitcoin

The top-20 is even more descriptive.

can you post a screenshot please - for me this page does not load stats

Strange, you must have scripting disabled.

Anyhow, this is the current top-20 at ozco.in:

SaintFlow

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The first is by definition not flawed.

Quote from: zefir on February 18, 2013, 01:22:58 PM

Quote from: DutchBrat on February 18, 2013, 11:19:54 AM

I edited the link, thanks

https://www.ozcoin.net/content/hall-fame-round-shares-bitcoin

The top-20 is even more descriptive.

can you post a screenshot please - for me this page does not load stats

zefir

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Quote from: DutchBrat on February 18, 2013, 11:19:54 AM

I edited the link, thanks

https://www.ozcoin.net/content/hall-fame-round-shares-bitcoin

The top-20 is even more descriptive.

bitfair

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This is starting to look very, very good. Almost unbelievably good, actually.

The urgent/non-urgent payments (except for 2nd round packaging/PCB/assemly cost) appear to total at around 5200 BTC (or approx. 865k RMB/140k USD).

Looking at the mining stats at BTC Guild, seems like ASICMINER has found 69 blocks so far, estimated mining revenue is then 1725 BTC. (I know I'm not making corrections for fees/PPS - this is just an estimate.) I'm also going to guess that ASICMINER is the "anonymous" miner on Ozcoin who has found 7 blocks, for another 175 BTC. So let's say a total of 1900 BTC so far.

That should put ASICMINER revenue so far at about 35% of the costs given. Assuming a steady hashrate of 3.5 TH/s gives around 480 BTC/day at this difficulty, which mean all these costs should be covered in 7 days from now. Of course, if hashrate increases, like all shareholders are hoping for, the costs should be covered much quicker (12 TH/s gives approx 1600 BTC/day).

I predict good times ahead for ASICMINER!

DutchBrat

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Quote from: novusordo on February 18, 2013, 11:19:06 AM

Quote from: DutchBrat on February 18, 2013, 10:19:08 AM

Zefir: There's definitely someone on OzCoin increasing his/her hashrate.... but no name (Anonymous).... up to 600GH/s at the moment

][https://www.ozcoin.net/content/hall-fame-round-shares-bitcoin]

Your link is bad and you should feel bad.

I edited the link, thanks

https://www.ozcoin.net/content/hall-fame-round-shares-bitcoin

novusordo

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Quote from: DutchBrat on February 18, 2013, 10:19:08 AM

Zefir: There's definitely someone on OzCoin increasing his/her hashrate.... but no name (Anonymous).... up to 600GH/s at the moment

][https://www.ozcoin.net/content/hall-fame-round-shares-bitcoin]

Your link is bad and you should feel bad.

phantastisch

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Quote from: DutchBrat on February 18, 2013, 10:19:08 AM

Zefir: There's definitely someone on OzCoin increasing his/her hashrate.... but no name (Anonymous).... up to 600GH/s at the moment

[urlhttps://www.ozcoin.net/content/hall-fame-round-shares-bitcoin][/url]

We are sitting at only 3 TH/s on BTC Guild , i would feel happier if we knew how deploying is going forward...

matauc12

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Quote from: meowmeowbrowncow on February 18, 2013, 05:55:30 AM

Has there been any substantive conversation about how and when ASICMiner plans to try to gain consumer market share?

I see their self-mining profitability (really, the .35 / share ROI) as good, so long as they maintain a +20% share of the total network. Reportedly, something ASICMiner does not plan to do.

I don't see that "reportedly" anywhere. Do you?

DutchBrat

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Zefir: There's definitely someone on OzCoin increasing his/her hashrate.... but no name (Anonymous).... up to 600GH/s at the moment

https://www.ozcoin.net/content/hall-fame-round-shares-bitcoin

meowmeowbrowncow

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Has there been any substantive conversation about how and when ASICMiner plans to try to gain consumer market share?

I see their self-mining profitability (really, the .35 / share ROI) as good, so long as they maintain a +20% share of the total network. Reportedly, something ASICMiner does not plan to do.

memvola

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Quote from: DutchBrat on February 18, 2013, 02:05:57 AM

'Nuff said!

Not really. What you say is right on spot and the existence and early success of ASICMINER is better for the network; I had argued about this with gmaxwell. However this doesn't relieve us from being responsible and thinking ahead.

DutchBrat

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Following the analogy of all the people claiming ASICminer is a threat, please be advised that BFL is the real threat....

Pre-order money has given them the ability to mount a 80% attack on the network... if/when they have their asics ready.....just never deliver any asics to clients.... whait what do you say? BFL has no incentive to do that as they already have a money making model.... and they will be better off earning money from said model on a long term basis than they ever can from mounting an attack on the network....effectively crashing trust in Bitcoin....

Exactly!

'Nuff said!

memvola

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Quote from: mrb on February 18, 2013, 01:16:58 AM

You would be over 50% in practice, even if you compute the hashes they give you.

Anyway, an even simpler way to demonstrate a non-malicious majority mining position is to mine solo, and to operate normally, ie. (1) do not cause excessive chain reorgs (monitored by the bitcoin client and by, for example, http://blockexplorer.com/q/reorglog) and (2) do not mess around with transactions (not dropping them, etc).

Obviously. The difference between pledging to mine solely on p2pool and this would be that maybe it would take an hour or so before people figure out you're acting malicious, whereas you'd be immediately suspect if you disappear from p2pool. In practice you can claim technical problems for disconnecting a pool, so no real benefits anyway. It's not like we can send SWAT teams over there. Pools would only be useful for convincing potential future trolls who don't get it.

However, the problem isn't that a farm might attack the network (management won't do it and chances of physically getting taken over are slim), but it would have the ability. This undermines the trust in the proof of work concept.

mrb

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Quote from: pwrgeek on February 18, 2013, 12:53:21 AM

There is a simple way ASICminer could gain a 51% position, but demonstrate to the network that they are not attacking. All the have to do is spread their hash power out over several of the larger pools. If they did this then they would need the cooperation of a majority of the pool proprietors to attack the network (already a possibility and not perceived to be a realistic issue). If it were me I and I had 51% of the network then I would put 1/3rd of that power each on deepbit, slush, and btcguild. This way none of those operators would go over 50 (they would each be closer to 33%), and I would not actually be over 50 in practice because I would only be computing the hashes they gave me.

You would be over 50% in practice, even if you compute the hashes they give you.

Anyway, an even simpler way to demonstrate a non-malicious majority mining position is to mine solo, and to operate normally, ie. (1) do not cause excessive chain reorgs (monitored by the bitcoin client and by, for example, http://blockexplorer.com/q/reorglog) and (2) do not mess around with transactions (not dropping them, etc).

pwrgeek

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There is a simple way ASICminer could gain a 51% position, but demonstrate to the network that they are not attacking. All the have to do is spread their hash power out over several of the larger pools. If they did this then they would need the cooperation of a majority of the pool proprietors to attack the network (already a possibility and not perceived to be a realistic issue). If it were me I and I had 51% of the network then I would put 1/3rd of that power each on deepbit, slush, and btcguild. This way none of those operators would go over 50 (they would each be closer to 33%), and I would not actually be over 50 in practice because I would only be computing the hashes they gave me.

MrTeal

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Quote from: repentance on February 17, 2013, 09:23:01 PM

Quote from: Deprived on February 17, 2013, 09:12:56 PM

I'm not convinced BFL's current timeline is reasonable - unless they're intending to ship out units that are totally untested and just hope they work (and continue to work for a significant period of time).

It's highly unlikely BFL can deliver by 22 February, but they may be able to ship around the time of the next difficulty jump. Sooner or later Avalon units and BFL units are going to enter the wild in large numbers. ASICMiner has a fairly unique opportunity for a very short period of time here. Yes, they'll bring the next difficulty jump closer if they throw everything they have at the network and they'll have to mine at the higher difficulty themselves - but it also means that their competitors' units will be starting out at that higher difficulty.

If ASICMiner doesn't exploit the advantages available to them, they'll lose them - it's not like Avalon or BFL customers are going to hold off mining with the machines they've waited months for just because it's going to affect difficulty.

We will see whether even the next difficult jump is realistic for BFL. Like all of BFL's previous deadlines, or bASIC's end of November "I want to ship before BFL so bad and we're so close I can taste it", or Avalon "shipping" at the end of January, the only thing that really matters is seeing the hashpower hit the network.

As much as I'm looking forward to taking Micon's money, I'd be pleasantly surprised if BFL shipped by the end of February.

repentance

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Quote from: Deprived on February 17, 2013, 09:12:56 PM

I'm not convinced BFL's current timeline is reasonable - unless they're intending to ship out units that are totally untested and just hope they work (and continue to work for a significant period of time).

It's highly unlikely BFL can deliver by 22 February, but they may be able to ship around the time of the next difficulty jump. Sooner or later Avalon units and BFL units are going to enter the wild in large numbers. ASICMiner has a fairly unique opportunity for a very short period of time here. Yes, they'll bring the next difficulty jump closer if they throw everything they have at the network and they'll have to mine at the higher difficulty themselves - but it also means that their competitors' units will be starting out at that higher difficulty.

If ASICMiner doesn't exploit the advantages available to them, they'll lose them - it's not like Avalon or BFL customers are going to hold off mining with the machines they've waited months for just because it's going to affect difficulty.

Deprived

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Quote from: repentance on February 17, 2013, 08:51:00 PM

Quote from: Deprived on February 17, 2013, 08:26:26 PM

Quote from: Transisto on February 17, 2013, 08:15:54 PM

Quote from: repentance on February 17, 2013, 07:25:40 PM

I'm really curious about what friedcat is going to do after the next 5 blocks are found and difficulty jumps - will we suddenly see another couple of TH brought online?

Do you think he'd care to wait after difficulty jump to power up new miner ? Maybe if he had 15 ths or more...

Well we don't know how he's doing it. For all we know he's testing machines one by one, then taking them back offline - with the plan to put them all back online when difficulty rises. I haven't (and can't be bothered to) done the math to figure out if that actually makes sense (giving up earnings now for lower difficulty later) but would assume he has if it's relevant.

Difficulty just jumped to 3651011.63069. Around the time of the next jump, BFL machines should be coming online and that will affect the following difficulty jump regardless of what friedcat does. This current difficulty period seems like the ideal time for friedcat to put his 12 TH online.

Yeah. And presumably at some point Avalon's claims of having shipped will become a reality (it's becoming increasingly obvious that their original shipment was just a few prototypes to let them raise funds from batch 2 preorders to finish off batch 1). Remember also that if the whole 12 TH/s comes online the next difficulty will arrive a bit quicker.

I'm not convinced BFL's current timeline is reasonable - unless they're intending to ship out units that are totally untested and just hope they work (and continue to work for a significant period of time).

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