ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1270.

Bogart

legendary

Activity: 966

Merit: 1000

Quote from: friedcat on February 14, 2013, 12:13:25 PM

The deploying is in process. We are stress testing on btcguild with a portion of our devices. The current computation power is close to 2TH/s.

So it's confirmed then. Very nice. Congrats.

"asicminer is the only one that will make it before the chinese new year" -- Diablo-D3, 27-September-2012 on #bitcoin-mining

DiabloD3

legendary

Activity: 1162

Merit: 1000

DiabloMiner author

Quote from: SaintFlow on February 14, 2013, 01:22:45 PM

This was a triumph.

Quote from: eleuthria on February 14, 2013, 01:08:12 PM

Quote from: Boognish on February 14, 2013, 01:06:57 PM

I'm making a note here, huge success.

It's hard to oooover-state my sat-is-faction.

ASIC Mining Science:
We do what we must because we can.
For the good of all of us
Except the ones who are dead.

But there's no sense crying over every mistake
You just keep on trying till you run out of cake
And the science gets done and you make a neat gun
For the people who are still alive.

I'm not even angry.
I'm being so sincere right now.
Even though you broke my heart and killed me.
And tore me to pieces.
And threw every piece into a fire.
As they burned it hurt because
I was so happy for you.

Now these points of data make a beautiful line
And we're out of beta we're releasing on time.
So I'm GLaD I got burned think of all the things we learned
For the people who are still alive.

Go ahead and leave me.
I think I prefer to stay inside.
Maybe you'll find someone else to help you.
Maybe Butterflylabs -
THAT WAS A JOKE. HA HA, FAT CHANCE.
Anyway, this cake is great:
It's so delicious and moist.

Look at me still talking when there's science to do.
When I look out there it makes me GLaD I'm not you.
I've experiments to run there is research to be done
On the people who are still alive

And believe me I am still alive.
I'm doing science and I'm still alive.
I feel FANTASTIC and I'm still alive.
While you're dying I'll be still alive.
And when you're dead I will be still alive.

ASICs alive
ASICs alive

qft

SaintFlow

sr. member

Activity: 476

Merit: 250

The first is by definition not flawed.

This was a triumph.

Quote from: eleuthria on February 14, 2013, 01:08:12 PM

Quote from: Boognish on February 14, 2013, 01:06:57 PM

I'm making a note here, huge success.

It's hard to oooover-state my sat-is-faction.

ASIC Mining Science:
We do what we must because we can.
For the good of all of us
Except the ones who are dead.

But there's no sense crying over every mistake
You just keep on trying till you run out of cake
And the science gets done and you make a neat gun
For the people who are still alive.

I'm not even angry.
I'm being so sincere right now.
Even though you broke my heart and killed me.
And tore me to pieces.
And threw every piece into a fire.
As they burned it hurt because
I was so happy for you.

Now these points of data make a beautiful line
And we're out of beta we're releasing on time.
So I'm GLaD I got burned think of all the things we learned
For the people who are still alive.

Go ahead and leave me.
I think I prefer to stay inside.
Maybe you'll find someone else to help you.
Maybe Butterflylabs -
THAT WAS A JOKE. HA HA, FAT CHANCE.
Anyway, this cake is great:
It's so delicious and moist.

Look at me still talking when there's science to do.
When I look out there it makes me GLaD I'm not you.
I've experiments to run there is research to be done
On the people who are still alive

And believe me I am still alive.
I'm doing science and I'm still alive.
I feel FANTASTIC and I'm still alive.
While you're dying I'll be still alive.
And when you're dead I will be still alive.

ASICs alive
ASICs alive

keystroke

hero member

Activity: 900

Merit: 1014

advocate of a cryptographic attack on the globe

Quote from: eleuthria on February 14, 2013, 01:08:12 PM

Quote from: Boognish on February 14, 2013, 01:06:57 PM

I'm making a note here, huge success.

It's hard to oooover-state my sat-is-faction.

Congratulations everyone! Thanks to friedcat and the team for all of the amazing work!

eleuthria

legendary

Activity: 1750

Merit: 1007

Quote from: Boognish on February 14, 2013, 01:06:57 PM

I'm making a note here, huge success.

It's hard to oooover-state my sat-is-faction.

Boognish

newbie

Activity: 55

Merit: 0

I'm making a note here, huge success.

mc_lovin

legendary

Activity: 1190

Merit: 1000

www.bitcointrading.com

CONGRATS ASICMINER!

DeaDTerra

donator

Activity: 1064

Merit: 1000

I just want to thank Friedcat and the team for this great success.
And also all the investors for making this possible.
Thanks to all off you Cheesy

//DeaDTerra

eleuthria

legendary

Activity: 1750

Merit: 1007

Guess I can't troll as much anymore

. Very honored to have BTC Guild picked by ASICMINER for their initial ramp up/testing. I've made myself very available for them to help in the ramp up period.

ASICMINER now has the privilege of being the first to truly give Stratum a test as a next generation mining protocol, and the results have been fantastic from my end.

eb3full

vip

Activity: 198

Merit: 101

I'd love to hear about the failure rate, the clock rate and all sorts of stuff. Congrats to all shareholders!

punin

hero member

Activity: 560

Merit: 500

ALL YOUR BTC ARE BELONG TO US! Cheesy

WOOT WOOT!! *pops champagne*

matauc12

hero member

Activity: 658

Merit: 500

Quote from: friedcat on February 14, 2013, 12:13:25 PM

Pre Update

The deploying is in process. We are stress testing on btcguild with a portion of our devices. The current computation power is close to 2TH/s.

We have been working day and night and still are. The real update will be given in a few hours.

cheers buddy.

jjiimm_64

legendary

Activity: 1876

Merit: 1000

Congrats all asicminers, and especially friedcat. well done.

to bfl: epic fail!!!

Jutarul

donator

Activity: 994

Merit: 1000

Quote from: friedcat on February 14, 2013, 12:13:25 PM

Pre Update

The deploying is in process. We are stress testing on btcguild with a portion of our devices. The current computation power is close to 2TH/s.

We have been working day and night and still are. The real update will be given in a few hours.

Excellent news! Keep up the good work!

That'll make it to the headlines in the Bitcoin Magazine (http://bitcoinmagazine.com)

matauc12

hero member

Activity: 658

Merit: 500

Quote from: MrTeal on February 14, 2013, 12:13:10 PM

Quote from: matauc12 on February 14, 2013, 12:03:35 PM

Quote from: MrTeal on February 14, 2013, 11:51:32 AM

If that is Asicminer, it would be interesting to know what the plans are for the money being raised (~$5000/day?). Is there enough in the bank from the IPO to fund the full 50TH/s expansion, or will some of this be withheld in order to get all the wafer starts underway for the big push now that the design has been proven?

lol with that kind of money being printed, I wouldn't worry much about IPO funds ROFL.

Honestly though, with that kind of waved deployment, and constant, I only see 2 options. Avalon defaulted and started mining with the rigs (or decided to mine a couple days to make a couple million before shipping). Or asicminer. But the silence is killing me.

No offense, but while it's definitely a lot of money, it's not like they're absolutely rolling in cash right now. They have about 1/8th of their initial deployment done assuming it is Asicminer, and unless they pick up the pace they could still be adding the initial 12TH/s as BFL devices are coming online in early March. Again, assuming BFL ships reasonably on time.

Longterm planning is key to Asicminer's success, just buying 12TH/s worth of equipment and mining with that will not maximize shareholder value.

You took that way too seriously. I didn't post an analysis.

And yeah, BFL deadlines don't really mean much to me.

Mausini

full member

Activity: 177

Merit: 100

wuuhaaaaaaaaaaa

ineededausername

hero member

Activity: 784

Merit: 1000

bitcoin hundred-aire

growth of ASICMINER hashrate over the last hour:

Code:

2013-02-14T10:54:20-05:00: current 1459.64 max 1698.67
2013-02-14T10:56:13-05:00: current 1475.58 max 1698.67
2013-02-14T10:58:16-05:00: current 1501.07 max 1698.67
2013-02-14T11:02:13-05:00: current 1520.19 max 1698.67
2013-02-14T11:04:16-05:00: current 1527.63 max 1698.67
2013-02-14T11:08:13-05:00: current 1532.35 max 1698.67
2013-02-14T11:10:16-05:00: current 1535.76 max 1698.67
2013-02-14T11:12:17-05:00: current 1531.88 max 1698.67
2013-02-14T11:14:20-05:00: current 1538.25 max 1698.67
2013-02-14T11:16:14-05:00: current 1545.69 max 1698.67
2013-02-14T11:20:20-05:00: current 1551.00 max 1698.67
2013-02-14T11:22:14-05:00: current 1558.44 max 1698.67
2013-02-14T11:24:17-05:00: current 1582.87 max 1698.67
2013-02-14T11:26:20-05:00: current 1597.74 max 1698.67
2013-02-14T11:28:23-05:00: current 1596.68 max 1698.67
2013-02-14T11:32:19-05:00: current 1600.93 max 1698.67
2013-02-14T11:34:22-05:00: current 1595.20 max 1698.67
2013-02-14T11:36:14-05:00: current 1616.87 max 1698.67
2013-02-14T11:38:19-05:00: current 1639.18 max 1698.67
2013-02-14T11:40:13-05:00: current 1631.74 max 1698.67
2013-02-14T11:42:16-05:00: current 1659.36 max 1698.67
2013-02-14T11:44:19-05:00: current 1663.61 max 1698.67
2013-02-14T11:46:23-05:00: current 1667.86 max 1698.67
2013-02-14T11:48:15-05:00: current 1675.29 max 1698.67
2013-02-14T11:50:20-05:00: current 1677.42 max 1698.67
2013-02-14T11:52:13-05:00: current 1688.04 max 1698.67
2013-02-14T11:54:17-05:00: current 1700.79 max 1700.79
2013-02-14T11:56:20-05:00: current 1710.35 max 1710.35
2013-02-14T11:58:14-05:00: current 1713.54 max 1713.54
2013-02-14T12:00:17-05:00: current 1733.72 max 1733.72
2013-02-14T12:02:19-05:00: current 1732.66 max 1733.72
2013-02-14T12:04:23-05:00: current 1720.97 max 1733.72
2013-02-14T12:06:17-05:00: current 1700.79 max 1733.72
2013-02-14T12:08:20-05:00: current 1720.97 max 1733.72
2013-02-14T12:10:13-05:00: current 1729.47 max 1733.72
2013-02-14T12:12:16-05:00: current 1715.66 max 1733.72
2013-02-14T12:14:19-05:00: current 1714.60 max 1733.72

friedcat

donator

Activity: 848

Merit: 1005

Pre Update

The deploying is in process. We are stress testing on btcguild with a portion of our devices. The current computation power is close to 2TH/s.

We have been working day and night and still are. The real update will be given in a few hours.

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: matauc12 on February 14, 2013, 12:03:35 PM

Quote from: MrTeal on February 14, 2013, 11:51:32 AM

If that is Asicminer, it would be interesting to know what the plans are for the money being raised (~$5000/day?). Is there enough in the bank from the IPO to fund the full 50TH/s expansion, or will some of this be withheld in order to get all the wafer starts underway for the big push now that the design has been proven?

lol with that kind of money being printed, I wouldn't worry much about IPO funds ROFL.

Honestly though, with that kind of waved deployment, and constant, I only see 2 options. Avalon defaulted and started mining with the rigs (or decided to mine a couple days to make a couple million before shipping). Or asicminer. But the silence is killing me.

No offense, but while it's definitely a lot of money, it's not like they're absolutely rolling in cash right now. They have about 1/8th of their initial deployment done assuming it is Asicminer, and unless they pick up the pace they could still be adding the initial 12TH/s as BFL devices are coming online in early March. Again, assuming BFL ships reasonably on time.

Longterm planning is key to Asicminer's success, just buying 12TH/s worth of equipment and mining with that will not maximize shareholder value.

matauc12

hero member

Activity: 658

Merit: 500

Quote from: Jutarul on February 14, 2013, 12:08:25 PM

Quote from: matauc12 on February 14, 2013, 12:02:05 PM

In all fairness, with the deployment of a machine that can print money at the rate or 500k a day, my beauty sleep would take a hit.

You're an order of magnitude off. Current generation rate of the whole network is 6*24=144 blocks and 144*25 = 3600 BTC per day. Multiply that by your favorite exchange rate and you get the maximum output. Short-term target for ASICMINER is 6-12 TH/s which translates into 1/6-1/3 of the whole network, which translates into 600-1200 BTC per day, which translates into 15k-30k USD (1BTC@25USD).

In the spirit that my post was meant, it implied "lose sleep to deploy 12TH" which translates to roughly 500k. My post was obviously not meant as a profits prediction. http://allchains.info/calc.html

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1270. (Read 3917543 times)