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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 678. (Read 3917468 times)

FNG
hero member
Activity: 588
Merit: 500
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
hero member
Activity: 728
Merit: 500
cryptoshark
Canary is good source for hints.

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

Cat is not sleeping it seems.
hero member
Activity: 518
Merit: 500
ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
100TH (supposedly going to be 200TH now) has IP's 199.191.58.178 and 95.141.29.208 and their mining address is here - https://blockchain.info/address/19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs.  they are between 7 and 10% of total hash

It's a hell of a thing if you ask me:)

It's hella better than what appears to be AM circling the drain. .. . and targetting a tech that's going to be almost worthless by january. . . .if anybody else gets product in hand in the next 90 days the AM train is over

Except that AM will most likely have "product in hand" in the next 90 days as well. Period of lowish dividends entirely possible. Trainwreck? Only if you believe AM have done nothing with the thousands of BTC they have held back, and decided "Gen1 will last forever, let's not even bother developing something new".

I wish they had Gen2 quicker as well. But they are clever people, not dumbasses. "They will be back" as Arnie never said.
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
if anybody else gets product in hand in the next 90 days the AM train is over

if I had a bitcoin for every time I saw that on this thread...

Weekly isn't good enough for you?  Wink
sr. member
Activity: 476
Merit: 250
if anybody else gets product in hand in the next 90 days the AM train is over

if I had a bitcoin for every time I saw that on this thread...
sr. member
Activity: 248
Merit: 252
ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?

http://blockorigin.pfoe.be/chart.php
sr. member
Activity: 335
Merit: 250
ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
100TH (supposedly going to be 200TH now) has IP's 199.191.58.178 and 95.141.29.208 and their mining address is here - https://blockchain.info/address/19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs.  they are between 7 and 10% of total hash

It's a hell of a thing if you ask me:)

It's hella better than what appears to be AM circling the drain. .. . and targetting a tech that's going to be almost worthless by january. . . .if anybody else gets product in hand in the next 90 days the AM train is over
hero member
Activity: 630
Merit: 500
ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
100TH (supposedly going to be 200TH now) has IP's 199.191.58.178 and 95.141.29.208 and their mining address is here - https://blockchain.info/address/19t7RxwXdfiwQMyQ3JVB16e9HgV7omijSs.  they are between 7 and 10% of total hash
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
ghash.io has over 200TH, but showing up only 5% in http://blockchain.info/pools, AM is 3% currently, mean while the Unknown is 25%, any idea who're hiding in that big pie ?
hero member
Activity: 770
Merit: 501
Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.

what site did you get that chart from?
Sorry, forgot to mention it's from bitcoin.sipa.be
thanks, just realized i could have simply gottten the url from your embedded image. that weekend beer seems to have slowed down my brain activity  Tongue
sr. member
Activity: 392
Merit: 250
Any speculations about the shareprice development in long term

How long term?

The next week(s) might see some more slow but not too ugly decline. Selling right now because of this is risky though, since you have no idea on what day FC will come out with an update.
When AM gets the 500TH over the coming month -> big price boost, definitely back up >2 while seeing some very sweet dividends again over the following weeks.

Longer it gets kind of difficult to predict. It depends a lot on how the competition will perform. Judging by the past, they will all act on the professional level of a bunch of pre-school kids and not get anything done (except probably Cointerra - if I could invest in them, I would). It also depends a lot on how AM's next-gen chips will perform. Right now, we know next to nothing about them.
But either way, I expect AM to stay in a strong position at least until towards the end of Q1 2014, even if their next-gen chips turn out to be complete garbage.

I think the share price is too low right now and just a product of the usual short-sightedness of the people here.
A few lower divs and all jump ship, only to flock back when the divs get juicy again. Easy money if you just got a little patience.
full member
Activity: 140
Merit: 100
Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.


what site did you get that chart from?

Sorry, forgot to mention it's from bitcoin.sipa.be
hero member
Activity: 770
Merit: 501
Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.


what site did you get that chart from?
g83
sr. member
Activity: 448
Merit: 250
Super Smash Bros. Ultimate Available Now!
Any speculations about the shareprice development in long term
full member
Activity: 140
Merit: 100
Hell I'm selling my hardware now because even though I'll break even, I won't make nearly as much as I can sell it for.

Holding BTC is a better choice right now.

That's because your expectations of the network growth speed is higher than that of the market.  And I agree with you on that: probably many people will pay for their devices more than they would ever mine, but that's all to the best for someone who sells the pickaxes.

Just look at this acceleration graph below, I thought 2.5%/day would be the ceiling but no, it looks like it can accelerate even faster.


P.S. chart from bitcoin.sipa.be
sr. member
Activity: 248
Merit: 252
Hell I'm selling my hardware now because even though I'll break even, I won't make nearly as much as I can sell it for.

Holding BTC is a better choice right now.
legendary
Activity: 1364
Merit: 1000
apologies if this is old news ...

http://www.coindesk.com/terrahash-shuts-down-bitcoin-miners-upset-with-refund/


dum dum dum another one bites the dust

And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

It's a chance that my credit card company refund me at 100% !
full member
Activity: 220
Merit: 100

And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Doesnt matter they will receive the BTC anyway. If they can get that 500TH the shareholders will profit.
Exactly. If he can sell it / franchise it at a better rate than mining with it then I hope he does so.

Friedcat has been doing that quite efficiently up until now so I don't think that's going to change.

There is still no reason they shouldn't have 20% of the hash rate. If it is infact better to sell all your miners for profits thus increasing the hashrate thus making it harder for yourself to mine, that 100% points in the direction that this market is overloaded and there is no long term investment at current btc prices. Essentially once the profitability of mining comes to an end, which is very close, so will asicminer.

I feel like the real strategy would have been to mine with all your chips and get a monopoly on the market, thus locking everyone else out because it wouldn't be profitable for them to start mining. Instead they did the opposite and locked themselves out!
hero member
Activity: 752
Merit: 500
bitcoin hodler

And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Doesnt matter they will receive the BTC anyway. If they can get that 500TH the shareholders will profit.
Exactly. If he can sell it / franchise it at a better rate than mining with it then I hope he does so.

Friedcat has been doing that quite efficiently up until now so I don't think that's going to change.
FNG
hero member
Activity: 588
Merit: 500

And soon they are going to bite ASICMINER's dust.

Guys BTW the update says 500TH soon. Do you think it means to hash with in the farm or to sell  Huh

Doesnt matter they will receive the BTC anyway. If they can get that 500TH the shareholders will profit.
Exactly. If he can sell it / franchise it at a better rate than mining with it then I hope he does so.
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