ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 528.

101111

hero member

Activity: 525

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Quote from: lophie on January 15, 2014, 02:26:33 AM

Guys where did you get all that info about AM and what is this fuss is all about Friedcat hasnt released any update recently..... Huh

I want to jump back in but I dont see this "big" update everyone is talking about?

links? hints? Wink

thank you

Not sure what you're referring to, there's no update yet, tapeout is expected 20th.

lophie

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Unlimited Free Crypto

Guys where did you get all that info about AM and what is this fuss is all about Friedcat hasnt released any update recently..... Huh

I want to jump back in but I dont see this "big" update everyone is talking about?

links? hints? Wink

thank you

empoweoqwj

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Activity: 518

Merit: 500

Quote from: tempestb on January 14, 2014, 02:21:03 PM

It's a cart before the horse thing. You need to have the higher transaction fees in place before anyone will invest in the hardware to earn from them. (Assuming that is their only intention. Not to be confused with the miners who do both mining and earn transaction fees.)

There aren't any miners that "just do transaction fees". Everyone already does both mining and transaction fees. The two are not seperable.

jimmothy

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Activity: 770

Merit: 509

Quote from: phantitox on January 14, 2014, 06:10:48 PM

so i was away from the whole btc scene, is asicminer share still paying dividens? cause i have like 2 or 3 shares i dont remember very well, but what happend with this?

Yes. Weekly on Wednesdays

phantitox

sr. member

Activity: 385

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so i was away from the whole btc scene, is asicminer share still paying dividens? cause i have like 2 or 3 shares i dont remember very well, but what happend with this?

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Auctioning off some of my shares (25)

check it out:

https://bitcointalksearch.org/topic/auctioning-off-25-asicminer-shares-starting-bid-05-btc-416012

Lohoris

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Activity: 630

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Bitgoblin

Quote from: tempestb on January 14, 2014, 02:21:03 PM

It's a cart before the horse thing. You need to have the higher transaction fees in place before anyone will invest in the hardware to earn from them. (Assuming that is their only intention. Not to be confused with the miners who do both mining and earn transaction fees.)

wat?

Every miner earns the base reward + the transaction fees when it solves a block.
They are not distinct.

tempestb

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Activity: 729

Merit: 500

It's a cart before the horse thing. You need to have the higher transaction fees in place before anyone will invest in the hardware to earn from them. (Assuming that is their only intention. Not to be confused with the miners who do both mining and earn transaction fees.)

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: 101111 on January 13, 2014, 10:17:55 PM

FWIW, and this is mining in general not AM specific:

from http://www.vcpost.com/articles/20752/20140113/top-10-predictions-bitcoin-2014-source.htm

"2. Mining 'will not' be dead

A lot of press notes and individual viewpoints state that mining is dead as we are already in the petahash domain and are restricted by Moore's law from a technological stand point. I believed this until I heard Butterfly Labs and HighBitcoin talk about how enterprises can potential adopt mining. With transactions and transaction fees rising, it would be highly profitable for large enterprises to have data centers with mining equipment to process daily transactions. The medium enterprises, who cannot invest in capital expenditure, would resort to cloud based mining. Finally, the small enterprises would have to pay the transaction fees, to the network. This fees would still be lower than in comparison to Visa and Mastercard. In conclusion, we can potentially witness investment from large and medium enterprises in mining farms as early as the end of 2014."

If bitcoin takes off in a shopping sense in 2014 (Overstock now, possibly NewEgg soon, then who knows who else), the dream of earning significant BTC from transaction fees could finally start looking like a reality.

Just need some hardware first

101111

hero member

Activity: 525

Merit: 500

FWIW, and this is mining in general not AM specific:

from http://www.vcpost.com/articles/20752/20140113/top-10-predictions-bitcoin-2014-source.htm

"2. Mining 'will not' be dead

A lot of press notes and individual viewpoints state that mining is dead as we are already in the petahash domain and are restricted by Moore's law from a technological stand point. I believed this until I heard Butterfly Labs and HighBitcoin talk about how enterprises can potential adopt mining. With transactions and transaction fees rising, it would be highly profitable for large enterprises to have data centers with mining equipment to process daily transactions. The medium enterprises, who cannot invest in capital expenditure, would resort to cloud based mining. Finally, the small enterprises would have to pay the transaction fees, to the network. This fees would still be lower than in comparison to Visa and Mastercard. In conclusion, we can potentially witness investment from large and medium enterprises in mining farms as early as the end of 2014."

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: Gabit on January 13, 2014, 02:08:29 PM

Quote from: Lohoris on January 11, 2014, 07:25:33 AM

Quote from: Gabit on January 11, 2014, 04:09:56 AM

lol. Gimme a better one? Have you ever looked Apples fucked up projects? They out number their successes 10:1.

If you want to give a number, give a number which makes sense, or provide data to back it up.

http://bit.ly/1ky8MlG

Dude - this isn't an Apple thread. We really don't care how many Apple products have failed or succeeded.

Gabit

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Quote from: Lohoris on January 11, 2014, 07:25:33 AM

Quote from: Gabit on January 11, 2014, 04:09:56 AM

lol. Gimme a better one? Have you ever looked Apples fucked up projects? They out number their successes 10:1.

If you want to give a number, give a number which makes sense, or provide data to back it up.

http://bit.ly/1ky8MlG

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: minerpumpkin on January 13, 2014, 11:23:17 AM

Quote from: empoweoqwj on January 13, 2014, 11:19:38 AM

When was the tapeout announcement due? 14th was it?

Tapeout is supposed to take place on the 20th. I hope FC also announces whether it was successful a few days later...

You win the prize for remembering correctly

Darned - at least another 6 days to wait before we get any news ....

papiraul

newbie

Activity: 16

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Quote from: empoweoqwj on January 13, 2014, 11:41:37 AM

It was announced so long ago we've all forgotten lol

20th rings a bell but that's because FC normally reports on the 20th ... normally ... thought the tapeout was happening before that.

Anyone got a link to the FC announcement?

Quote from: friedcat on November 22, 2013, 11:45:49 AM

Update

PR & Communications
We understand that transparency and communication to shareholders and the public needs improvement. We are in the process of identifying a dedicated employee for this. We will issue bi-weekly reports for shareholders and improve response time for questions.

Next Gen Chips
The projected time of taping out of Gen3 is January 20. Power consumption target estimation is <0.2W per G on low power mode and <0.2$ per G on wafer cost. Please notice that the timeline is of course subject to change/adjust, and the estimation on power and cost is also based on software tool/simulation results.

Current Hardware Sales
The number of cubes left for sale/deployment is 9000. About 1/3 are ordered already. All older devices (USBs/new blades) are sold out.

G.ASICMINER
If nothing unexpected happens, Ukyo will provide a shareholder list to Friedcat on Dec 1, for direct shares.

vortex1878

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Activity: 491

Merit: 500

Quote from: empoweoqwj on January 13, 2014, 11:41:37 AM

It was announced so long ago we've all forgotten lol

20th rings a bell but that's because FC normally reports on the 20th ... normally ... thought the tapeout was happening before that.

Anyone got a link to the FC announcement?

Easy https://bitcointalksearch.org/user/friedcat-49840

empoweoqwj

hero member

Activity: 518

Merit: 500

It was announced so long ago we've all forgotten lol

20th rings a bell but that's because FC normally reports on the 20th ... normally ... thought the tapeout was happening before that.

Anyone got a link to the FC announcement?

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

Quote from: empoweoqwj on January 13, 2014, 11:19:38 AM

When was the tapeout announcement due? 14th was it?

Tapeout is supposed to take place on the 20th. I hope FC also announces whether it was successful a few days later...

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: empoweoqwj on January 13, 2014, 11:19:38 AM

When was the tapeout announcement due? 14th was it?

I believe the 17th, but I'm not sure.

empoweoqwj

hero member

Activity: 518

Merit: 500

When was the tapeout announcement due? 14th was it?

minerpumpkin

hero member

Activity: 686

Merit: 500

A pumpkin mines 27 hours a night

I hope FC provides us a (vague) roadmap for the deployment of gen3 hardware and chips once tapeout is completed successfully and production of the chips is on its way

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