Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 950. (Read 3917568 times)

best theory to date

but god, all these theories are tiring ............................

Maybe he's "getting it on" with some chick in the data center, and they keep unplugging miners by accident.  This would explain why it's happening late at night..

Sometimes the penis eruptor needs its time too..

Well, i hope you're right

The miners are hosted in shenzhen area, china, aren't they? Seeing that it's close to 2am there, I think we can pretty much rule out electricity issues like rolling blackouts, which would only take place during times of high demand, which should normally not be in the middle of the night.

I would argue along the lines of a restructuring of the hosting, maybe new racks or similar. I would even go so far as to say that he is preparing for the next generation of miners to go online. Any kind of restructuring would potentially mean powering off significant portions of the active miners, relocate (replace?) them, and then bring them back on, which would explain the huge jumps of the hashrate within a couple of days.

as always, just speculating, though.

It went from 38th to 15.

It looks like hardware/electricity problems, right?

It would be nice to know what is happening. Others are wondering as well as when our hash rate drops it slows down confirmations on the network since the difficulty is so high.

http://www.dpcapital.net/blockchain/?hours=2,4,6

That's based on the last 24 hours..
The last 6 hours have been ugly, around 15TH

It's still at 28.17TH when I checked http://www.asicminercharts.com/live/ ?

Hashrate dropped a lot again.
Looks like they have some serious problems there.
I wish they would share what's going on.

Good and short article describes mining machines as of 4/ http://gizmodo.com/5994446/digital-drills-the-monster-machines-that-mine-bitcoin

Love live FriendCat!!

We are hoping for something today!  But, in FC we trust!

ha! My typo stuck. Honestly I like friendcat better too though it wasn't my intention to type it out that way

Is friendcat (I know the first guy made a typo with the 'n', but I'm sticking with it) making an announcement tomorrow? Or is that just an overall suggestion?

Ok I am too tired and I really hope it makes sense. I will try to briefly explain how this should work and why it would make things easier.


Public information that the scripts would use:
TxID of latest dividends, List of output addresses and amounts, BTC per share on the last div

Viewing the orderbook:
   well.... you VIEW the orderbook!

Making an ASK:
   Straight forward. Form asking for: Number of shares, Price per share, AddressOfShares, Signed randomly generated message. If message
   signature verifies and available number of shares are checked (Automatically deduced from public info) , ASK if posted (to be verified), Otherwise ignored

Verification of valid asks by friedcat:
   Since the orderbook is public, A script can fetch the current asks, verifies them and send the site a signed message with the (verified) ASKS (The address signing this can be another address that friedcat declares official for himself other than wallet address for security purposes)

Cancelling an ASK:
   Again straight forward. User picks an ASK, selects "Cancel ASK request", signs a randomly generated string with the ASK address. Verified are deleted, non-verified signatures are ignored  

Making a bid:
  On each profile here there is a "Bitcoin address" associated with the account. So a bidder would fill: forumuserID, Number of shares, buying at price. And signs a randomly generated text using his profile associated BTC address. Scripts fetch the address and verifies the message, post the Bid, otherwise ignores

Cancelling a Bid:
  Tired of repetitions, Basically same as cancelling an ASK

Again I am so very not on my best shape and cognitive abilities right now. Will make sure this makes any sense when I wake up. (if ever the coffee effect would go away and I would get to have some sleep :S)

It's been done, more or less (just not a separate website).

https://bitcointalksearch.org/topic/unified-asicminer-orderbook-148282

I think I confused here a bit my friend. It is not a dedicated exchange and more like a public orderbook where it would be programmed to automatically verify the validity of ASKS as well as BIDS and a few other features. But the actual exchanging would be through friedcat. The benefit here is a cleaner solution and a more organized and easy to deal with stream of transaction requests for friedcat

I think ASICMINER did have it one their to-do list, but they have more important things to do.

To be honest, I think the current system works pretty well, a choice of buying direct shares at auctions here or pass-through shares at btco etc.  A dedicated exchange isn't really necessary. It would be nice, but not necessary.

You will never take mine alive!!!!!! (Unless you would take them for 12BTC each  )