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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 461. (Read 3917591 times)

legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
facepalm nothing to eat this week  Undecided
newbie
Activity: 29
Merit: 0
I only received divs for 1 share.  Anyone in the same boat?
sr. member
Activity: 322
Merit: 252
0.00007777 BTC/share confirmed! Smiley
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
Heh. I guess I've been away for too long.
sr. member
Activity: 335
Merit: 250
"received end of March" so tested 1-2weeks of April, so update on 2nd-3rd week of April (classic add : *I hope™* *I believe™*) ... so another month of blindness, congratulation, great PR Roll Eyes

Starting to feel like a cult in here.  Undecided

lol "Starting to"
hero member
Activity: 817
Merit: 1000
Truth is a consensus among neurons www.synereo.com
"received end of March" so tested 1-2weeks of April, so update on 2nd-3rd week of April (classic add : *I hope™* *I believe™*) ... so another month of blindness, congratulation, great PR Roll Eyes

Starting to feel like a cult in here.  Undecided
newbie
Activity: 31
Merit: 0
hard to imagine that it was only luck  Undecided there's only 1 person who could clear it out  Grin
and hopefully does in the 'next weeks' ...
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Any board members here want to comment on when and whether there will be an update? I thought there was going to be one at the end of February or early March... we're almost at mid-March now.
friedcat noted that the next major update will likely come after the chips have been tested and the final specs determined. At the same time the overall ordering process will become clearer, as supply will have to be met by demand. Based on latest information the first chips are on track and to be received end of March.

The 'first chips' being the chips to be tested or to be sold?
Either way, that would mean tape out has been successful. If there are no gen 3 chips physically available now, the increase 2 weeks ago was just variance.
legendary
Activity: 1008
Merit: 1000
Any board members here want to comment on when and whether there will be an update? I thought there was going to be one at the end of February or early March... we're almost at mid-March now.
friedcat noted that the next major update will likely come after the chips have been tested and the final specs determined. At the same time the overall ordering process will become clearer, as supply will have to be met by demand. Based on latest information the first chips are on track and to be received end of March.

Thanks Jutarul.
sr. member
Activity: 378
Merit: 250
Any board members here want to comment on when and whether there will be an update? I thought there was going to be one at the end of February or early March... we're almost at mid-March now.
friedcat noted that the next major update will likely come after the chips have been tested and the final specs determined. At the same time the overall ordering process will become clearer, as supply will have to be met by demand. Based on latest information the first chips are on track and to be received end of March.

So this was bullshit ...again  :

I just got word that the next announcement is now expected to be given 'after the first week of March' and that 'everything is still on track'.


"received end of March" so tested 1-2weeks of April, so update on 2nd-3rd week of April (classic add : *I hope™* *I believe™*) ... so another month of blindness, congratulation, great PR Roll Eyes
sr. member
Activity: 462
Merit: 250
How much is known about Gen 3? 1600 PH sounds ridiculous.

I remember when IceDrill started talking about building a 500 TH/s operation when the network was 30 TH/s (and dominated by ASICMINER, mind you), that it sounded ridiculous.

The rate of increase of mining hashpower in the Bitcoin world has been absolutely ridiculous. I still can't believe that it basically doubles every month or two... have you ever stopped to really think about what that means? All of the mining hardware that was ever produced over 4 years... being produced in a single month, and then all of that combined is produced again the following month... my mind explodes thinking about it.

Yeah I know, I'm pretty frustrated about it, because I used to have a lot of fun mining with GPU's. Almost setting my attic on fire. These days it's impossible to mine as an individual, even with asics...
legendary
Activity: 1008
Merit: 1000
How much is known about Gen 3? 1600 PH sounds ridiculous.

I remember when IceDrill started talking about building a 500 TH/s operation when the network was 30 TH/s (and dominated by ASICMINER, mind you), that it sounded ridiculous.

The rate of increase of mining hashpower in the Bitcoin world has been absolutely ridiculous. I still can't believe that it basically doubles every month or two... have you ever stopped to really think about what that means? All of the mining hardware that was ever produced over 4 years... being produced in a single month, and then all of that combined is produced again the following month... my mind explodes thinking about it.
sr. member
Activity: 462
Merit: 250
How much is known about Gen 3? 1600 PH sounds ridiculous.

Well, no. If we're talking about distributing that hashrate over the course of a year, it is reasonable. And keep in mind that the whole network hashrate will be tremendously higher in a year from now.

Apart from that: Keep calm, I believe an update is just around the corner Smiley

I guess you can call it normal when network hashrate increases this high percentage wise as it has been doing. It's still hard to wrap my head around...

Do we have a guesstimate on how AM will compete in the coming year? Do we have any statements like that from other manufacturers?
donator
Activity: 994
Merit: 1000
Any board members here want to comment on when and whether there will be an update? I thought there was going to be one at the end of February or early March... we're almost at mid-March now.
friedcat noted that the next major update will likely come after the chips have been tested and the final specs determined. At the same time the overall ordering process will become clearer, as supply will have to be met by demand. Based on latest information the first chips are on track and to be received end of March.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
How much is known about Gen 3? 1600 PH sounds ridiculous.

Well, no. If we're talking about distributing that hashrate over the course of a year, it is reasonable. And keep in mind that the whole network hashrate will be tremendously higher in a year from now.

Apart from that: Keep calm, I believe an update is just around the corner Smiley
sr. member
Activity: 462
Merit: 250
How much is known about Gen 3? 1600 PH sounds ridiculous.
full member
Activity: 173
Merit: 100
@aahzmundus Thanks.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
I'd rather not want to predict the divs, but I'm afraid it 'll start with a lot of zeros, and 'll end with a few 7's.

Let's just wait for gen3. Smiley

Why the denominator is 399,962 rather than 400,000?

When GLBSE went belly up, there were some unclaimed shares.  If you look at the last dividend payment, there were only 399,962 shares paid out.

I'd be more than happy to take care of those shares  Smiley
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
I'd rather not want to predict the divs, but I'm afraid it 'll start with a lot of zeros, and 'll end with a few 7's.

Let's just wait for gen3. Smiley

Why the denominator is 399,962 rather than 400,000?

When GLBSE went belly up, there were some unclaimed shares.  If you look at the last dividend payment, there were only 399,962 shares paid out.
hero member
Activity: 837
Merit: 1000
I'd rather not want to predict the divs, but I'm afraid it 'll start with a lot of zeros, and 'll end with a few 7's.

Let's just wait for gen3. Smiley

I will say , watch for the hardware sale address + mining address and then calculate divs
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