Thanks for the clarification Kosmatos.
ASICMiner climbing on all exchanges... wonder if they're stable at 100TH/s?
ASICMiner climbing on all exchanges... wonder if they're stable at 100TH/s?
We'll know soon enough. Looks hopeful though.
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 652. (Read 3917468 times)
October 19, 2013, 12:01:55 AM
We'll know soon enough. Looks hopeful though.
October 18, 2013, 10:06:48 PM
No, that site is wrong. This is what you need to look at if you really want to know what's going on under the covers: http://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
Uhhh... care to explain how that site is "wrong"?
Let me rephrase. Relying on that site alone is wrong. That site's data seems to show only a portion of the blocks mined by ASICMINER and then withdrawn weekly and used for the dividends and reinvestment. You can see this because that site reports, what, 3.5 blocks a day, or 46TH/s, when you can clearly see (from the deposits in the blockchain.info link) at least twice that today, and twice that yesterday. You'll also see periodic extra deposits from other sources (sales, I think).
October 18, 2013, 08:27:50 PM
Hey TAT (or someone else...),
Are we still doing periodic question surveys?
-Chris
Are we still doing periodic question surveys?
-Chris
October 18, 2013, 07:49:49 PM
No, that site is wrong. This is what you need to look at if you really want to know what's going on under the covers: http://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
October 18, 2013, 07:48:46 PM
That is just for one datacenter. Look at the 7 day average. It isn't just luck.
October 18, 2013, 07:46:47 PM
I like what I see here... http://www.asicminercharts.com
Nice.. hope it's not just crazy luck.
October 18, 2013, 07:38:45 PM
I like what I see here... http://www.asicminercharts.com
legendary
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October 18, 2013, 04:43:59 PM
imo immersion cooling isn't a technology solely for use in mining coins.
No kidding. It isn't AM's idea either.
http://www.datacenterknowledge.com/archives/2012/10/08/3m-demos-new-immersion-cooling-technique/
http://techreport.com/news/20766/immersion-cooling-comes-to-data-centers
http://en.wikipedia.org/wiki/Computer_cooling#Liquid_submersion_cooling
Of course, if it was practical, it'd already be deployed on a large scale. Bitcoin mining is unusually power-intense and so exotic cooling solutions make more sense.
Liquid submersion is a great idea the question is we don't know what they will use if they go with certain oils they might become very efficient at lowering heat dispersion.
October 18, 2013, 02:42:37 PM
I'm really excited to see the financial report. Right now I have absolutely no way to value the company.
October 18, 2013, 10:28:42 AM
Looks like dividends for Oct 23 will be higher than for Oct 16.
Make of that what you will.
Make of that what you will.
they have been withholding divs to allocate funds for the next step of the project, if i am not mistaken they have secured the funds needed
October 18, 2013, 09:37:01 AM
Looks like dividends for Oct 23 will be higher than for Oct 16.
You have to actually deploy to mine.+1 lophie... we're still around ~6blocks per day ... these ~250 BTC from franchising doesn't really change anything for next div... and Kosmatos do not forget that ~900 BTC was withhold from last dividend for reinvesting.
October 18, 2013, 09:35:43 AM
http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img854.imageshack.us/img854/2175/hm9v.jpg
sorry for the crappy image, I only have ms paint here
sorry for the crappy image, I only have ms paint here
http://gimp-win.sourceforge.net/
You're welcome.
October 18, 2013, 08:37:24 AM
Looks like dividends for Oct 23 will be higher than for Oct 16.
Make of that what you will.
Make of that what you will.
hopefully but because? You have to actually deploy to mine.
October 18, 2013, 08:34:16 AM
Looks like dividends for Oct 23 will be higher than for Oct 16.
Make of that what you will.
Make of that what you will.
October 18, 2013, 08:24:31 AM
After some digging I have to say: immersion cooling is awesome!
Great explaination what immersion cooling is:
http://www.allied-control.com/immersion-cooling
Video demonstration with computer hardware:
http://www.youtube.com/watch?v=EN3m1bJvS4Q
"Two Phase Open Bath Immersion Cooling Thread" by DeathAndTaxes:
https://bitcointalksearch.org/topic/two-phase-open-bath-immersion-cooling-thread-313087
Great explaination what immersion cooling is:
http://www.allied-control.com/immersion-cooling
Video demonstration with computer hardware:
http://www.youtube.com/watch?v=EN3m1bJvS4Q
"Two Phase Open Bath Immersion Cooling Thread" by DeathAndTaxes:
https://bitcointalksearch.org/topic/two-phase-open-bath-immersion-cooling-thread-313087
October 18, 2013, 07:02:33 AM
Did burnside do the last dividend payment (directly to BTC address) or was that already done by friedcat?
When do I know my shares are transformed into direct shares?
When do I know my shares are transformed into direct shares?
October 18, 2013, 04:36:29 AM
The idea that they'd be worth anything based on them finding another business to make money from is naive.
And why is that?They failed when they needed to do the next step and build something more complex.
But they showed they are able to create something from scratch, which basically is what they would do if they started studying fields like immersion cooling.
As I said, it's like a new IPO, only they already have the funds and we already have the shares, and we at least know it's not a scam (much better than many others).
October 18, 2013, 04:26:43 AM
On the other hand, completely switching field might make sense, at least there is some chance they'll again use their creativity to build something the market wants.
Seriously? They had a great lead in ASICs and dominated the market for a few months, paid great divs which everyone thought would last forever (big mistake). Now they are a tiny player, have lost the lead and have yet to show clear guidance about their next steps, other than a big batch of outdated chips about to arrive.
The idea that they'd be worth anything based on them finding another business to make money from is naive.
it's only partially true, the writer omited some important facts:
- they have enough money for new gen chip development
- they are based in china - cheap workforce, electricity, lots of assembly lines
- they have proven themselves time and time again in the past
so yeah, I don't think we will have to solve problems like "Will AM hashrate be over 51 percent" again, but I still think that AM is a strong and important player.
October 18, 2013, 04:04:46 AM
On the other hand, completely switching field might make sense, at least there is some chance they'll again use their creativity to build something the market wants.
Seriously? They had a great lead in ASICs and dominated the market for a few months, paid great divs which everyone thought would last forever (big mistake). Now they are a tiny player, have lost the lead and have yet to show clear guidance about their next steps, other than a big batch of outdated chips about to arrive.
The idea that they'd be worth anything based on them finding another business to make money from is naive.
October 18, 2013, 04:00:54 AM
On the other hand, completely switching field might make sense, at least there is some chance they'll again use their creativity to build something the market wants.
Seriously? They had a great lead in ASICs and dominated the market for a few months, paid great divs which everyone thought would last forever (big mistake). Now they are a tiny player, have lost the lead and have yet to show clear guidance about their next steps, other than a big batch of outdated chips about to arrive.
The idea that they'd be worth anything based on them finding another business to make money from is naive.
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