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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 846. (Read 3917468 times)

sr. member
Activity: 322
Merit: 252
No div estimates for today? Come on guys.

0.016 - 0.022
(~5500 on mining + ~2500 on sales ≈ 0.020BTC/share)


Hope the new blades will arrive soon Tongue
member
Activity: 67
Merit: 10
Propably a bit more...
legendary
Activity: 1621
Merit: 1000
news.8btc.com
No div estimates for today? Come on guys.
http://www.asicminercharts.com/divprediction/ + more for sales not added yet.

That's interesting and useful feature. So that's 0.01572 this week?
hero member
Activity: 574
Merit: 500
sr. member
Activity: 360
Merit: 250
No div estimates for today? Come on guys.
full member
Activity: 185
Merit: 100
If those numbers are correct, 11 out of the last 25 compared to 7 out of the 50 before that.  The problem appears to be getting worse.

Not including transactions is not just bad for profits, it's bad for bitcoin.  Needlessly orphaning blocks is just bad business, 1% or 10% doesn't matter when it's so easy to fix.
Keep in mind ASICMiner only had ~5TH/s during those first 30 or so.

Would you be so kind and also calculate the number of solved and accepted blocks? This will give an indication of how large the percentage effect is. If it's around 2000 blocks the orphan rate is about 1%, which puts things in perspective.

+1

Got it right here (good blocks : orphan : ratio of orphan to total):
Code:
Bitparking : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 97:2:0.020202
ASICMiner  : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 1668:18:0.010676
BitMinter  : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 593:6:0.010017
Deepbit    : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 619:5:0.008013
EclipseMC  : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 327:2:0.006079
Eligius    : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 331:2:0.006006
50BTC      : ▇▇▇▇▇▇▇▇▇▇▇▇▇ 1964:11:0.005570
Slush      : ▇▇▇▇▇▇▇▇▇ 1086:4:0.003670
BTC Guild  : ▇▇▇▇▇▇▇▇ 2795:10:0.003565
(Note: blockchain.info temp ip banned me a couple of times, so some blocks may have been erroneously counted 2x. None of the orphans were counted 2x though).
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
news:   ASICMINER will announce new mining machines.

ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.


As much as shareholders want this to be true, it's just a rumor until a board member confirms or friedcat says so. Hold steady boys...

Key word Hold Smiley
hero member
Activity: 560
Merit: 500
news:   ASICMINER will announce new mining machines.

ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.


As much as shareholders want this to be true, it's just a rumor until a board member confirms or friedcat says so. Hold steady boys...
newbie
Activity: 13
Merit: 0
news:   ASICMINER will announce new mining machines.

ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.

While your post history is intriguing, do you have a source for a 100GH+ unit?

This info is spreading in social medias in China. I put it here just for your information. Make Use of the info at your own discretion.
full member
Activity: 127
Merit: 100
i thought that maybe we demand a higher tx fee Smiley
that would be cool if AM only included tx that payed higher

I would really love to see my todays dividends come riding along an asicminer block. Dividends are paid without transactions fees.

Technically I have no clue about how miners manipulate which transactions are included in their currently mined blocks, but if that is possible, I want "our transaction" paid this way.
newbie
Activity: 13
Merit: 0
There is a new BTC future and stock market. The volum is huge. ASICMINER stock is also traded there. If you are interested, you can use the following referral link https://796.com/invite/do/105764
hero member
Activity: 816
Merit: 1000
news:   ASICMINER will announce new mining machines.

ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.

While your post history is intriguing, do you have a source for a 100GH+ unit?
legendary
Activity: 1750
Merit: 1007
Just to correct some likely bad info above:  The difference between timestamp and received time is not an indicator of the time it takes the block to propagate.  The timestamp for a block is part of the work miners do, even if it takes them 30 seconds to complete that work.  It's also defined by the system clock of the node (pool server) that created the work.

ASICMINER's solo poolserver probably has some minor time shifting (ntp would fix that), or their setup is creating work in bulk and caching it for as long as its valid.  The only downside to work caching/not updating work frequently is you'll end up losing out on additional transaction fees.  If it's just a drifting system clock, that's not a huge concern unless it drifts significantly away from actual time.
newbie
Activity: 13
Merit: 0
news:   ASICMINER will announce new mining machines.

ASICMINER is developing a new model of mining machine. It's said the new model is kind like Avalon, at 100+Gh/s. AM will announce their new products after the software is ready. AM also has a new usb miner plan, and the number will be very very big.
legendary
Activity: 994
Merit: 1000
If those numbers are correct, 11 out of the last 25 compared to 7 out of the 50 before that.  The problem appears to be getting worse.

Not including transactions is not just bad for profits, it's bad for bitcoin.  Needlessly orphaning blocks is just bad business, 1% or 10% doesn't matter when it's so easy to fix.

hero member
Activity: 560
Merit: 500
Just ran the numbers. ASICMiner has been solomining since 5/20 (roughly 75 orphan blocks in). Here is the breakdown of those 75 orphans:....
Would you be so kind and also calculate the number of solved and accepted blocks? This will give an indication of how large the percentage effect is. If it's around 2000 blocks the orphan rate is about 1%, which puts things in perspective.

+1
donator
Activity: 994
Merit: 1000
Just ran the numbers. ASICMiner has been solomining since 5/20 (roughly 75 orphan blocks in). Here is the breakdown of those 75 orphans:....
Would you be so kind and also calculate the number of solved and accepted blocks? This will give an indication of how large the percentage effect is. If it's around 2000 blocks the orphan rate is about 1%, which puts things in perspective.
full member
Activity: 185
Merit: 100
I've been thinking about the low number of transactions per block issue and the assumption that we aren't a very well connected node.  This made me realize that if we aren't a very well connected node, then our orphaned block rate would be higher than normal as others finding blocks around the same time will be quicker to 'spread the news' and will therefore be the winner.

I then checked the blockchain.info orphaned block page https://blockchain.info/orphaned-blocks and sure enough, a high percentage of orphaned blocks are from AsicMiner.  edit... Out of the last 25 orphaned blocks, 11 belonged to AsicMiner.

I haven't run the numbers but I have a feeling that we are leaving a HUGE amount of bitcoin on the table.

Not only are we missing out on a huge amount of transaction fee's, but we're solving blocks that we aren't even getting credit for.  It seems to me that peering off a well connected node should be a simple fix.

Just ran the numbers. ASICMiner has been solomining since 5/20 (roughly 75 orphan blocks in). Here is the breakdown of those 75 orphans:
Code:
192.81.215.101  : ▇ 1
BitMinter       : ▇▇▇▇▇▇▇▇ 6
EclipseMC       : ▇▇ 2
24.45.164.106   : ▇ 1
173.197.46.89   : ▇ 1
174.101.208.231 : ▇ 1
Bitparking      : ▇▇ 2
184.169.161.86  : ▇ 1
98.206.238.190  : ▇ 1
24.14.218.189   : ▇ 1
ASICMiner       : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 18
68.3.24.120     : ▇ 1
Deepbit         : ▇▇▇▇▇▇ 5
BTC Guild       : ▇▇▇▇▇▇▇▇▇▇▇▇▇ 10
84.133.197.138  : ▇ 1
71.201.17.119   : ▇ 1
68.148.13.180   : ▇ 1
Eligius         : ▇▇ 2
71.62.207.163   : ▇ 1
64.46.12.75     : ▇ 1
50BTC           : ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ 11
71.118.242.127  : ▇ 1
Slush           : ▇▇▇▇▇ 4
legendary
Activity: 1904
Merit: 1002
i thought that maybe we demand a higher tx fee Smiley
that would be cool if AM only included tx that payed higher

that would give us more profit too!!! i think its already going on, i never tested it though, but i never really seen any of my transactions on a AM block that i can remember, but i usually use the minium like .001 or something

From the linked block above:

Quote
Transaction Fees   0.0146 BTC

It is similarly small for other blocks (at least the most recent 10 with one exception of 0.09 in fees).  I don't think your theory holds.
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