ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 650.

tinus42

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Quote from: VolanicEruptor on October 20, 2013, 01:31:38 PM

Quote from: bitcoin.newsfeed on October 20, 2013, 01:08:32 PM

Quote from: velacreations on October 20, 2013, 12:40:41 PM

What's the status of the 500 TH of product?

+1

Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours...

Anyway thanks for update, we're happy for each piece of information.

I find this strangely terrifying.. it's like watching Microsoft selling hot dogs on the street...

Microsoft began selling BASIC for the Altair and then they moved on to lots of things including selling mice/keyboards and computer games consoles.

Lohoris

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Bitgoblin

Quote from: bitcoin.newsfeed on October 20, 2013, 01:08:32 PM

Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours...

Because they are losing the mining race, but they have noticed there are more avenues where they might still win?
I'd say it's a great signal.
I mean, great considering how much bad gen2 was.

VolanicEruptor

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Quote from: bitcoin.newsfeed on October 20, 2013, 01:08:32 PM

Quote from: velacreations on October 20, 2013, 12:40:41 PM

What's the status of the 500 TH of product?

+1

Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours...

Anyway thanks for update, we're happy for each piece of information.

I find this strangely terrifying.. it's like watching Microsoft selling hot dogs on the street...

stslimited

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Activity: 546

Merit: 500

so Asicminer is working on a blockchain based exchange, and so is ActiveMining

hmm

velacreations

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Quote from: bitcoin.newsfeed on October 20, 2013, 01:08:32 PM

but why is ASICminer doing everything else beside mining?

because mining is less profitable than hardware sales, franchising, cooling, etc

Elokane

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Truth is a consensus among neurons www.synereo.com

Quote from: bitcoin.newsfeed on October 20, 2013, 01:08:32 PM

Quote from: velacreations on October 20, 2013, 12:40:41 PM

What's the status of the 500 TH of product?

+1

Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours...

Anyway thanks for update, we're happy for each piece of information.

Because they lost the mining game.

I'm sure they're doing what they can to advance the new gen, but in the meantime, if they actually manage to whip up a securities exchange Americans can use and on which both AM shares and other securities can be traded on, it could become an even more profitable endeavor in the long term.

tinus42

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Quote from: apollojmr on October 20, 2013, 12:58:03 PM

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

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
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).

Friedcat, I am an American who panic sold a bunch of shares Angry

when Bitfunder closed unexpectedly and I am afraid that I am going to be kicking myself in the ass for it,however I did keep some shares and I am going to take advantage of the shares while they're low..I hope like hell you can make it as awesome as it was in the beginning. My major concern though is lack of updates from you or the board, can we expect more now that you have a PR group? I hope so because I am buying back in..BIG time:) GO ASICMINER GO!!

I sort of panic bought 1 AM1 and 7 AM100 when I thought that the share price had hit its bottom at around 0.55. I was correct, it has been on the rise since. Made good from selling 56 AM100 earlier on at 1.2, which I felt a bit bad about. It averaged down my earlier buying at 2.5 / 3.7 (ouch) to 2.25. Still hope to at least break even with this adventure.

bitcoin.newsfeed

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Quote from: velacreations on October 20, 2013, 12:40:41 PM

What's the status of the 500 TH of product?

+1

Also I don't want to be rude or something, but why is ASICminer doing everything else beside mining? Exchange? Payment system? Cooling? ASICminer didn't mine any block in last 22hours...

Anyway thanks for update, we're happy for each piece of information.

apollojmr

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Activity: 311

Merit: 250

The Power Of The Coin Is Awesome!!

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

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
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).

Friedcat, I am an American who panic sold a bunch of shares Angry

when Bitfunder closed unexpectedly and I am afraid that I am going to be kicking myself in the ass for it,however I did keep some shares and I am going to take advantage of the shares while they're low..I hope like hell you can make it as awesome as it was in the beginning. My major concern though is lack of updates from you or the board, can we expect more now that you have a PR group? I hope so because I am buying back in..BIG time:) GO ASICMINER GO!!

velacreations

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Activity: 476

Merit: 250

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

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
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).

What's the status of the 500 TH of product?

friedcat

donator

Activity: 848

Merit: 1005

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
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).

ThePanCakeKid95

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Activity: 418

Merit: 250

Hey guys I posed a video talking about ASICMiner go check it out

http://youtu.be/7k3JhRir4Ww

bitmoon

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Quote from: pascal257 on October 19, 2013, 01:29:41 PM

Quote from: bitmoon on October 19, 2013, 01:21:02 PM

oh the meter works based on block found?

i thought is real time direct from hardware source. meh then its stupid reason for that little price jump.

new gen is still far, and they will still need to keep some of dividend, clues can be found earlier post above R&D

Stock prices are always bets on the future. If the second gen is as successful as the first one we can see stock prices like a few months ago again.

dont think so it will repeat like before exactly, becuase there is competition now, AM was the first in race during gen 1, now there are other faster horses.

if gen 2 comes, it will not jump so high, it would be valued by its hash + and next news if sooner, etc

edit: lol maybe if AM deploys 1-2ph+ from no where,

SmiGueL

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Quote from: bitmoon on October 19, 2013, 01:21:02 PM

oh the meter works based on block found?

i thought is real time direct from hardware source. meh then its stupid reason for that little price jump.

Correct, from the moment we're solomining it's based on the found blocks (also mentioned at the bottom of the website.)

Simply because there is (and never was) an official public hashrate meter. Wink

_{*It was always pretty accurate because Asicminer owned 10%/20%+ of the network. At the moment the meters swings
like crazy because 1 'luckily' found block extra adds an estimated ~10TH/s to it.
After all; your mining dividend totally depends on the found blocks, NOT on the actual hashrate.}

pascal257

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Quote from: bitmoon on October 19, 2013, 01:21:02 PM

oh the meter works based on block found?

i thought is real time direct from hardware source. meh then its stupid reason for that little price jump.

new gen is still far, and they will still need to keep some of dividend, clues can be found earlier post above R&D

Stock prices are always bets on the future. If the second gen is as successful as the first one we can see stock prices like a few months ago again.

bitmoon

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Activity: 242

Merit: 250

Quote from: ?? on ??

Quote from: bitmoon on October 19, 2013, 01:07:40 PM

hash rate down again to 74th, down from 80th, and from 90th yesterday

http://www.asicminercharts.com/live/

Which is basically what I said would happen yesterday when the 3 found blocks in a 10H span I called "luck"... Tongue

oh the meter works based on block found?

i thought is real time direct from hardware source. meh then its stupid reason for that little price jump.

new gen is still far, and they will still need to keep some of dividend, clues can be found earlier post above R&D

bitmoon

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Activity: 242

Merit: 250

hash rate down again to 74th, down from 80th, and from 90th yesterday

http://www.asicminercharts.com/live/

bitmoon

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Merit: 250

Quote from: bobboooiie on October 19, 2013, 11:52:49 AM

Quote from: bitmoon on October 19, 2013, 11:37:36 AM

i dont understand , why price rised? didnt friedcat said expect lower dividend for few weeks? only 2 lows we got, and those hashs are being added until to 60th as said in his last update.

from http://www.asicminercharts.com/live/ i currently see 85th, down fro 90th yesterday when i checked.

take that 85 minus 47 - 19 = 19th in cooling immersion Tongue

correct me if im wrong, but hash didnt increase, maybe some people want milk more btc.

btw, i think dollar will collapse , it might drive btc high before dollar = nothing

if other way round, people will stop sell btc to americans, becuase they dont want worthless dollar

How exactly dollar collapses ? They can make dept to themselves for infinity and even if something fails and dollar goes under most of the world would go too...
Other than that fatal opinion of yours I dont get why price is going up either some addition of hashrate that cant even keep up percentage that we hard 2 weeks ago isnt really a good news.

check in google or youtube, you will see loads info, default on debt already happened

bitmoon

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Quote from: friedcat on October 02, 2013, 07:48:09 AM

Official ASICMiner Update by the Board

7. Research & Development
We had tried several different really intricate and speculative designs for 2014, based on the assumption being competitive in a fully saturated market (average return rate getting close to normal business' single digits per year). but originally with a limited channel/staff, it can be very difficult to fully explore them. So, we conducted interviews, and recently identified several exceptional people.

We will be spreading design risk by working on several designs simultaneously and having all other designs' info/simulation results fed back to the main design process. Our designs changed aggressively and the expected successful rate (on a working mask) drops compared to the standard flow so it has to be fully (wave-level) simulated before fabrication.

you see, for 2014 it means, the new gen which will be out before end of this year is the same hardware that will compete in 2014.

so as you read, they are working hard and its not fab-ed yet, becuase there is no announcement for it.

it could be out on december fully assembled, i doubt in novemeber, properly fab done around mid-late november

bobboooiie

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Quote from: bitmoon on October 19, 2013, 11:37:36 AM

i dont understand , why price rised? didnt friedcat said expect lower dividend for few weeks? only 2 lows we got, and those hashs are being added until to 60th as said in his last update.

from http://www.asicminercharts.com/live/ i currently see 85th, down fro 90th yesterday when i checked.

take that 85 minus 47 - 19 = 19th in cooling immersion Tongue

correct me if im wrong, but hash didnt increase, maybe some people want milk more btc.

btw, i think dollar will collapse , it might drive btc high before dollar = nothing

if other way round, people will stop sell btc to americans, becuase they dont want worthless dollar

How exactly dollar collapses ? They can make dept to themselves for infinity and even if something fails and dollar goes under most of the world would go too...
Other than that fatal opinion of yours I dont get why price is going up either some addition of hashrate that cant even keep up percentage that we hard 2 weeks ago isnt really a good news.

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