ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 647.

penta

member

Activity: 113

Merit: 20

Quote from: friedcat on October 20, 2013, 11:59:28 AM

Quick Update

Payment system out of pre-alpha.
Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).

iam surprised there wasnt more excitement from these 2 updates

a HK based stock(?) exchange by a trusted company could be huge, and potentially be a nice income area now that btct is gone and bitfunder looks to exclude the us.

Payment system: are we are talking a chinese bitpay? huge potential

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Hopefully the new blockchain based exchange turns out better than their last in-house exchange project.

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: arnuschky on October 22, 2013, 04:12:14 AM

Quote from: julz on October 22, 2013, 01:04:26 AM

I don't get this. Ok, I see that AM has to move into another market due to the competition of the other ASIC-producers. But USB hubs and immersion cooling? These are "regular" hardware, that means, you already have all the competition waiting for you! Even worse, the profit margins are already reduced the bare minimum and you are basically competing for efficiency in production. I don't see this as a viable future for AM as a company.

Don't get me wrong, I think that getting out of the ASIC market is a very good idea, especially if you didn't score the knowhow/production capabilities as Cointerra has. Simply said, the time of doing 65nm ASICs on deprecated Chinese production lines is coming to an end.

Hence, I think the only option for AM is to stick to Bitcoin-centered projects that do not suffer from the drawbacks outlined above. This will be most likely infrastructure providing services, for example hosting or some software-based service as a market. Maybe even consultancy, who knows?

AM should definitely focus mainly on next generation chips, it seems to me that friedcat overslept on this one. We all make mistakes, but this one will probably cost us dearly... Immersion cooling and big USB hubs are cool, but it's not a primary target now. Anyway where is the 500 Thash?

arnuschky

hero member

Activity: 518

Merit: 502

Quote from: julz on October 22, 2013, 01:04:26 AM

I don't get this. Ok, I see that AM has to move into another market due to the competition of the other ASIC-producers. But USB hubs and immersion cooling? These are "regular" hardware, that means, you already have all the competition waiting for you! Even worse, the profit margins are already reduced the bare minimum and you are basically competing for efficiency in production. I don't see this as a viable future for AM as a company.

Don't get me wrong, I think that getting out of the ASIC market is a very good idea, especially if you didn't score the knowhow/production capabilities as Cointerra has. Simply said, the time of doing 65nm ASICs on deprecated Chinese production lines is coming to an end.

Hence, I think the only option for AM is to stick to Bitcoin-centered projects that do not suffer from the drawbacks outlined above. This will be most likely infrastructure providing services, for example hosting or some software-based service as a market. Maybe even consultancy, who knows?

arnuschky

hero member

Activity: 518

Merit: 502

Quote from: Whtwabbit on October 22, 2013, 02:07:28 AM

edit- or USB 6 chip block erupters

With 1st gen chips? Not going to work, already a single one is at the limit of the USB spec with a power draw of 500mA.

Whtwabbit

sr. member

Activity: 490

Merit: 266

pretty cool
[/quote]

Thanks julz
Just need the next gen erupters now

edit- or USB 6 chip block erupters

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: julz on October 22, 2013, 01:04:26 AM

pretty cool

julz

legendary

Activity: 1092

Merit: 1001

Whtwabbit

sr. member

Activity: 490

Merit: 266

Got a pic?

Quote from: julz on October 21, 2013, 11:09:36 PM

Quote from: FNG on September 29, 2013, 06:37:51 AM

Quote from: bbxx on September 29, 2013, 05:03:45 AM

Canary is good source for hints.

Today he wrote something about new 45p hubs made by friedcat !!!

Cat is not sleeping it seems.

Found it

"Friedcat is testing a 49 port hub to become available "soon" (don't know what soon means Smiley ) for running USB sticks. From what I know so far, it will be high quality, and you'll be able to power it using an ATX PSU. Obviously price will be much better than alot of current options out there currently. Hope he makes enough of them. My understanding is that it will be geared towards those who will be looking to run 45+ USB setups."

https://bitcointalksearch.org/topic/closed-batch-32-065-btc-per-blade-49-port-hubs-30-or-less-303640

So I have some of these 49 port hubs in hand. They look nice - but unfortunately.. I don't know how to use them.
I tried with 2 different brand power supplies, and I tried on a raspberry pi, as well as straight to a pc. The PC didn't seem to recognize it, and although I haven't really looked into any settings on the pi.. cgminer usually just detects hubs plugged into it.
Any ideas on what I might be doing wrong? (while I wait for a reply from friedcat).

Edit: Ok.. what I was doing wrong was not looking at the very bottom of the shipping box. There are fuses that need to be plugged into each hub Tongue

nebulus

hero member

Activity: 490

Merit: 500

... it only gets better...

@ hlynur, thanks!

hlynur

hero member

Activity: 770

Merit: 501

simply repeating what i picked up with the time on the forum, so no guarantee here. (just trying to help Tongue

)

Quote from: nebulus on October 21, 2013, 10:13:35 PM

Anyone know how long it usually takes for friedcat to transfer shares to another address?

from my experience with auctions transfers took usually 3-7 days (i recall reading that friedcat works off requests once a week)

Quote from: deltanine on October 21, 2013, 09:52:23 PM

Anyone know how I can update my wallet address for ASICMiner direct shares?

i don't know if that's what you mean with update, but if you plan on changing wallet address of your shares writing friedcat pm or mail sounds like the simplest approach.
(perhaps a signed message from your current shareholding address is needed for verification)

other users have probably more concrete info about these terms...

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

last time I did it took about 4 days to ping pong the PMs

julz

legendary

Activity: 1092

Merit: 1001

Quote from: FNG on September 29, 2013, 06:37:51 AM

Quote from: bbxx on September 29, 2013, 05:03:45 AM

Canary is good source for hints.

Today he wrote something about new 45p hubs made by friedcat !!!

Cat is not sleeping it seems.

Found it

"Friedcat is testing a 49 port hub to become available "soon" (don't know what soon means Smiley ) for running USB sticks. From what I know so far, it will be high quality, and you'll be able to power it using an ATX PSU. Obviously price will be much better than alot of current options out there currently. Hope he makes enough of them. My understanding is that it will be geared towards those who will be looking to run 45+ USB setups."

https://bitcointalksearch.org/topic/closed-batch-32-065-btc-per-blade-49-port-hubs-30-or-less-303640

So I have some of these 49 port hubs in hand. They look nice - but unfortunately.. I don't know how to use them.
I tried with 2 different brand power supplies, and I tried on a raspberry pi, as well as straight to a pc. The PC didn't seem to recognize it, and although I haven't really looked into any settings on the pi.. cgminer usually just detects hubs plugged into it.
Any ideas on what I might be doing wrong? (while I wait for a reply from friedcat).

Edit: Ok.. what I was doing wrong was not looking at the very bottom of the shipping box. There are fuses that need to be plugged into each hub Tongue

nebulus

hero member

Activity: 490

Merit: 500

... it only gets better...

Anyone know how long it usually takes for friedcat to transfer shares to another address?

deltanine

full member

Activity: 231

Merit: 100

Anyone know how I can update my wallet address for ASICMiner direct shares?

hlynur

hero member

Activity: 770

Merit: 501

strong need of AMhashrate-chartbuddy in this thread

KCBitcoin

full member

Activity: 224

Merit: 100

Quote from: VolanicEruptor on October 21, 2013, 07:44:25 PM

Quote from: kmtan on October 21, 2013, 07:34:57 PM

Asicminer's hashrate now: 53TH...

cheers up ..

please see recent posts

LOL

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: kmtan on October 21, 2013, 07:34:57 PM

Asicminer's hashrate now: 53TH...

cheers up ..

please see recent posts

kmtan

full member

Activity: 196

Merit: 100

I love Bitcoin

Asicminer's hashrate now: 53TH...

cheers up ..

spinner

newbie

Activity: 47

Merit: 0

Quote from: hlynur on October 21, 2013, 11:56:20 AM

Quote from: VolanicEruptor on October 21, 2013, 11:45:54 AM

Quote from: bitmoon on October 21, 2013, 11:30:50 AM

asicminer is down to 42TH http://www.asicminercharts.com/live/

please see recent posts

lol
i was just about to post same comment.
this ongoing fixation to live hashrate doesn't make any sense.
it's like not seeing the wood for the trees.

It's because "The Count" from Sesame Street never got to Poisson distributions

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 647. (Read 3917468 times)