Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 570. (Read 3917468 times)
November 26, 2013, 08:37:51 PM
A piece on Kotaku and share price stays the same?
November 26, 2013, 08:34:10 PM
He did offer that service but no longer does. Just now looked up who owns G.asicminer and found that it was originally DeaDTerra but now the shares are in Ukyo's control. Not good news. My guess as to why TAT decided to stop the conversion service was because it wasn't worth taking g.asicminer shares AM100 since he is probably not going to see the shares or dividends any time soon.
whoops sorry @ TAT in that regard. mixed him up with DeadTerra.edit:
yea deadline was yesterday for conversion. well shareholders had nearly one month to transfer their shares...
https://bitcointalksearch.org/topic/m.3640397
November 26, 2013, 08:30:09 PM
I don't understand why he would lower the minimum withdrawal when literally nobody can withdraw from weexchange..
don't ask me 
i've never touched bitfunder nor weexchange, have my stash on havelock.
so i have no clue what's the problem over there. just overread it mostly as i'm not affected.
edit: didn't TAT offer a share transfer from bitfunder to havelock or direct shares recently.
why did people keep their shares there in the first place, after it showed it's having problems?
He did offer that service but no longer does. Just now looked up who owns G.asicminer and found that it was originally DeaDTerra but now the shares are in Ukyo's control. Not good news. My guess as to why TAT decided to stop the conversion service was because it wasn't worth taking g.asicminer shares AM100 since he is probably not going to see the shares or dividends any time soon.
November 26, 2013, 08:22:58 PM
I don't understand why he would lower the minimum withdrawal when literally nobody can withdraw from weexchange..
don't ask me i've never touched bitfunder nor weexchange, have my stash on havelock.
so i have no clue what's the problem over there. just overread it mostly as i'm not affected.
edit: didn't TAT offer a share transfer from bitfunder to havelock or direct shares recently.
why did people keep their shares there in the first place, after it showed it's having problems?
Haha, Ukyo has been MIA here for quite a bit of time, and sending him an email won't help, if he turns out to be the suspected scammer he looks like.
I agree to freezing dividends to all shares in control of Ukyo, at any node, be it Friedcat or any further one.
I agree to freezing dividends to all shares in control of Ukyo, at any node, be it Friedcat or any further one.
i've seen ukyo from time to time on #bitcoin-assets
November 26, 2013, 08:21:23 PM
i think you better send a pm to ukyo (he's the op there if i recall correctly) or whoever's running AM shares there (i suppose TAT...not sure).
this is defintively not fc's problem.
and on bitfunder site it's mentioned that you can withdraw funds as low as 0.00000001btc.
don't have any assets there though, so i don't know its current state & how things roll.
this is defintively not fc's problem.
and on bitfunder site it's mentioned that you can withdraw funds as low as 0.00000001btc.
don't have any assets there though, so i don't know its current state & how things roll.
Haha, Ukyo has been MIA here for quite a bit of time, and sending him an email won't help, if he turns out to be the suspected scammer he looks like.
I agree to freezing dividends to all shares in control of Ukyo, at any node, be it Friedcat or any further one.
November 26, 2013, 08:17:45 PM
@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
i think you better send a pm to ukyo (he's the op there if i recall correctly) or whoever's running AM shares there (i suppose TAT...not sure).Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
this is defintively not fc's problem.
and on bitfunder site it's mentioned that you can withdraw funds as low as 0.00000001btc.
don't have any assets there though, so i don't know the current state how things roll.
I don't understand why he would lower the minimum withdrawal when literally nobody can withdraw from weexchange..
November 26, 2013, 08:15:27 PM
@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
i think you better send a pm to ukyo (he's the op there if i recall correctly) or whoever's running AM shares there (i suppose TAT...not sure).Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
this is defintively not fc's problem.
and on bitfunder site it's mentioned that you can withdraw funds as low as 0.00000001btc.
don't have any assets there though, so i don't know its current state & how things roll.
November 26, 2013, 08:13:33 PM
@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
That would seriously undermine the entire concept of the BTC address owning ASICMiner shares if friedcat can simply not pay dividends to it because you are asking him not to.Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
Yea its not going to happen. Afaik g.asicminer is not even run by bitfunder so it is completely up to the guy who runs it to pay out divs or even better transfer shares to direct.
November 26, 2013, 08:03:40 PM
@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
That would seriously undermine the entire concept of the BTC address owning ASICMiner shares if friedcat can simply not pay dividends to it because you are asking him not to. Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
November 26, 2013, 06:45:05 PM
@friedcat
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
Please don't pay tomorrows divs to BitFunder. We won't get that money out. Hold it back until the dust has settled and the shares are hopefully direct.
November 26, 2013, 05:51:16 PM
479.4131794 BTC / 400,000 shares = 0.00119853 BTC
Not much, but more indeed.
Please dont forget that this is only the self-mining address. Asicminer has different Feeder-Addresses that seems to forward income from miner sales and franchising too. Its not really easy to go through it but i believe friedcat kept 1 x 100BTC of the last weeks income and double that value the week before. Thats probably the div retainment. Before it was more like 500BTC per week. But the 479 isnt everything that should come for the divs.
I didnt think its so hard to guess what address system Asicminer is using. I tried it a bit to find out the height of the div retainment. The div retainment looks less than i thought. More like 20% of each div is taken and the remaining fund paid out. IF i found the correct addresses/transactions.
November 26, 2013, 04:25:49 PM
Doesn't fail for the seller, they all still seem to get orders.
that's debatable. Is anyone buying Avalon or BFL? And of course, some people are, but not the numbers they were getting at the initial pre-orders.Pre-orders for mining equipment is extremely risky for the long-term outlook of a company. KNC did ok by only shipping a little late, but the majority of these situations don't work out like that. They are often very late, the company's reputation is permanently affected, and class-action lawsuits are sure to follow.
November 26, 2013, 04:22:51 PM
Doesn't fail for the seller, they all still seem to get orders. KnC will definitely get orders as they have almost delivered on time.
I haven't read it as a "moral high ground". It's a different strategy for different customers; selling expensive or even overpriced miners without preorders.
I haven't read it as a "moral high ground". It's a different strategy for different customers; selling expensive or even overpriced miners without preorders.
A huge difference is that with these preorders you are buying a product that doesn't exist. We have seen with bfl exactly what happens when preorders go wrong (or right if you are bfl since they still made bucketloads.). When the seller takes in preorders they have no incentive to get out the best product asap. It is easier to just make up specs, sell preorders and rake in the cash. And when you feel like it you can ship out your late and under performing product.
November 26, 2013, 03:27:58 PM
Yes, let us bask in the moral high ground of not taking preorders.
that model (pre-orders) has failed more times than succeeded. 
November 26, 2013, 03:06:45 PM
The big difference is as far as I know, KNC does not mine themselves in a datacenter... do they? And even if they do, is it epic and liquid cooling? I imagine Asicminer doing the development, mining, and cooling in house mean better profit margins for us.
November 26, 2013, 02:53:43 PM
Not wanting to ridicule KnC or anything, but once again ASICMINER is the only company not taking preorders. With the current increases in network and unclear deployments by others, you are taking a huge gamble on ordering anything that wouldn't make back it's money even in a 1EH-network.
Yes, let us bask in the moral high ground of not taking preorders. KnC has already shipped 28nm. But it's okay, we are superior to KnC.
November 26, 2013, 02:22:02 PM
Not wanting to ridicule KnC or anything, but once again ASICMINER is the only company not taking preorders. With the current increases in network and unclear deployments by others, you are taking a huge gamble on ordering anything that wouldn't make back it's money even in a 1EH-network.
Not to mention that the only thing pre-orders leave you with is a dick in your mouth.
November 26, 2013, 02:19:39 PM
Not wanting to ridicule KnC or anything, but once again ASICMINER is the only company not taking preorders. With the current increases in network and unclear deployments by others, you are taking a huge gamble on ordering anything that would not be able to make back it's money even in a 1EH-network.
November 26, 2013, 01:56:36 PM
Knc coming with 20nm
this is true they have send a notification
Source?
https://www.kncminer.com/news/news-69
Interesting thanks for sharing. Still not convinced this will result in significantly more efficient chips. As we have seen how AM 144nm tech competes with KNC 28nm, I wonder how 40nm vs 28nm will compare.
There's a notice on the linked page that KnC's 20nm design should reduce power draw per GH by some 30%. That would be somewhere around 0.7W/GH, given that 28nm Jupiter is listed with ~1W/GH (at wall).
Now, IIRC 40nm ASICminer's chip is expected to perform at 0.2W/GH.
Is 0.7 w/gh for knc chip or entire asic?
They list Jupiter efficiency for the entire miner (at wall), I don't know how it's in reality though
. So, I'd say that 0,7W/GH should be for entire miner also. But can not speak for themselves. November 26, 2013, 01:52:15 PM
Knc coming with 20nm
this is true they have send a notification
Source?
https://www.kncminer.com/news/news-69
Interesting thanks for sharing. Still not convinced this will result in significantly more efficient chips. As we have seen how AM 144nm tech competes with KNC 28nm, I wonder how 40nm vs 28nm will compare.
There's a notice on the linked page that KnC's 20nm design should reduce power draw per GH by some 30%. That would be somewhere around 0.7W/GH, given that 28nm Jupiter is listed with ~1W/GH (at wall).
Now, IIRC 40nm ASICminer's chip is expected to perform at 0.2W/GH.
Is 0.7 w/gh for knc chip or entire asic?
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