ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 953.

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: JordanL on June 20, 2013, 02:00:57 AM

Quote from: freedomno1 on June 20, 2013, 12:57:25 AM

Quote from: joele on June 20, 2013, 12:45:16 AM

Quote from: JordanL on June 20, 2013, 12:37:03 AM

Everyone ignore that hashrate! The dividend was less than last week... that means the shares are overpriced!! SELL SELL SELL!

(I didn't snag enough below BTC2.8 )

Yap, sell sell sell, so I can buy at lower price.

Whistles
Buy Buy Buy so I can sell them really high like 0.32 (0.032 is just too low for this one xd)
Then sell sell sell, so I can buy at lower price Wink

Go hashrate go!

You're playing a dangerous game... you don't want to sell at even an historically high price the day before friedcat makes one of his earth-shattering announcements. Wink

I know this is Madness!!!
But this is FriedCat (IA!!!)
(^_^)

JordanL

donator

Activity: 294

Merit: 250

Quote from: freedomno1 on June 20, 2013, 12:57:25 AM

Quote from: joele on June 20, 2013, 12:45:16 AM

Quote from: JordanL on June 20, 2013, 12:37:03 AM

Everyone ignore that hashrate! The dividend was less than last week... that means the shares are overpriced!! SELL SELL SELL!

(I didn't snag enough below BTC2.8 )

Yap, sell sell sell, so I can buy at lower price.

Whistles
Buy Buy Buy so I can sell them really high like 0.32 (0.032 is just too low for this one xd)
Then sell sell sell, so I can buy at lower price Wink

Go hashrate go!

You're playing a dangerous game... you don't want to sell at even an historically high price the day before friedcat makes one of his earth-shattering announcements. Wink

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: joele on June 20, 2013, 12:45:16 AM

Quote from: JordanL on June 20, 2013, 12:37:03 AM

Everyone ignore that hashrate! The dividend was less than last week... that means the shares are overpriced!! SELL SELL SELL!

(I didn't snag enough below BTC2.8 )

Yap, sell sell sell, so I can buy at lower price.

Whistles
Buy Buy Buy so I can sell them really high like 0.32 (0.032 is just too low for this one xd)
Then sell sell sell, so I can buy at lower price Wink

Go hashrate go!

joele

legendary

Activity: 1022

Merit: 1000

Quote from: JordanL on June 20, 2013, 12:37:03 AM

Everyone ignore that hashrate! The dividend was less than last week... that means the shares are overpriced!! SELL SELL SELL!

(I didn't snag enough below BTC2.8 )

Yap, sell sell sell, so I can buy at lower price.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: VolanicEruptor on June 19, 2013, 08:26:27 PM

very nice! so...

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

Is that first gauge only reflective of the last 24 hours or what?? It still only shows 20TH/s.

I think that's the average from the last 24 hours. In 24 hours from now it then should be quite higher.

JordanL

donator

Activity: 294

Merit: 250

Everyone ignore that hashrate! The dividend was less than last week... that means the shares are overpriced!! SELL SELL SELL!

(I didn't snag enough below BTC2.8 )

davecoin

hero member

Activity: 816

Merit: 1000

Shameless plug...

I'm auctioning 50 AM direct shares.

https://bitcointalksearch.org/topic/auction-50-direct-asicminer-shares-non-passthrough-238425

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: Vycid on June 20, 2013, 12:18:37 AM

Quote from: freedomno1 on June 20, 2013, 12:15:10 AM

Quote from: Vycid on June 20, 2013, 12:07:13 AM

Hey all,

Since the price has stabilized some I am pleased to announce I am once again buying ASICMiner puts.

~90 day exp, strike of 1.95BTC, and premium of 0.14BTC. BTCT please.

You can either throw 'em up on the market, or PM me first. Looking for up to 18 more contracts.

Still interested in those ones from a few days back?

Well, that's not exactly 90 days anymore. I can offer 0.13 if that's OK

No probs puts them up have fun Wink

Rounded to the perfect satoshi amount

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: freedomno1 on June 20, 2013, 12:15:10 AM

Quote from: Vycid on June 20, 2013, 12:07:13 AM

Hey all,

Since the price has stabilized some I am pleased to announce I am once again buying ASICMiner puts.

~90 day exp, strike of 1.95BTC, and premium of 0.14BTC. BTCT please.

You can either throw 'em up on the market, or PM me first. Looking for up to 18 more contracts.

Still interested in those ones from a few days back?

Well, that's not exactly 90 days anymore. I can offer 0.13 if that's OK

freedomno1

legendary

Activity: 1806

Merit: 1090

Learning the troll avoidance button :)

Quote from: Vycid on June 20, 2013, 12:07:13 AM

Hey all,

Since the price has stabilized some I am pleased to announce I am once again buying ASICMiner puts.

~90 day exp, strike of 1.95BTC, and premium of 0.14BTC. BTCT please.

You can either throw 'em up on the market, or PM me first. Looking for up to 18 more contracts.

Still interested in those ones from a few days back?

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Hey all,

Since the price has stabilized some I am pleased to announce I am once again buying ASICMiner puts.

~90 day exp, strike of 1.95BTC, and premium of 0.14BTC. BTCT please.

You can either throw 'em up on the market, or PM me first. Looking for up to 18 more contracts.

Eric Muyser

full member

Activity: 224

Merit: 100

You can't kill math.

Quote from: dhenson on June 19, 2013, 10:29:26 PM

Quote from: nubbins on June 19, 2013, 10:14:48 PM

Any thoughts as to why it started dropping at the moment BTCGuild mining went to zero?

I have thoughts relating to timing, but am turning over a new leaf and won't air them here.

It's a struggle for me so I've come up with a daily affirmation:

It is for me to decide which companies to invest in. It is for those that run them to decide how to do so. Friedcat has proven himself to be above suspicion so I will choose to trust in his ability to safeguard my investment. And darnit, I'm a good person.

Good dhenson, good

gogxmagog

legendary

Activity: 1456

Merit: 1010

Ad maiora!

Quote from: dhenson on June 19, 2013, 10:29:26 PM

Quote from: nubbins on June 19, 2013, 10:14:48 PM

Any thoughts as to why it started dropping at the moment BTCGuild mining went to zero?

I have thoughts relating to timing, but am turning over a new leaf and won't air them here.

It's a struggle for me so I've come up with a daily affirmation:

It is for me to decide which companies to invest in. It is for those that run them to decide how to do so. Friedcat has proven himself to be above suspicion so I will choose to trust in his ability to safeguard my investment. And darnit, I'm a good person.

yeah! listen to ol' Liberace there!

keystroke

hero member

Activity: 900

Merit: 1014

advocate of a cryptographic attack on the globe

I expect friedcat will be posting soon to update us. It is nice to see the hash rate recovering. I would only ask that in the future updates be made more frequently as a matter of company policy in the event of an outage to avoid harming the share price.

So far so good. ASICMINER has exceeded all expectations and I am eager to see what they have in store for us next.

bitfair

sr. member

Activity: 362

Merit: 250

Quote from: benm on June 19, 2013, 10:38:54 PM

Quote from: bitfair on June 19, 2013, 10:08:31 PM

Quote from: ianp on June 19, 2013, 09:38:17 PM

Quote from: benm on June 19, 2013, 09:26:29 PM

I haven't looked into this too closely, but all/most of the recent blocks awarded to ASICMINER have a much lower transaction count than those awarded to other miners/pools. Is that a coincidence, is it a consequence of the hardware design, is it somehow indicative of the recent drop in hashrate?

Coincidence. I saw one earlier with 600+ transactions.

Regardless, there is no mechanism in BTC to selectively mine blocks. I.e., you can't mine a 100 transaction block more easily than you can mine a 1,000 transaction block with a given difficulty. This cannot be done by adjusting hashrate either. At a given difficulty, your probability for mining a block is fixed to a certain hashrate over a period of time. A lower hashrate will have a lower probability, and a higher hashrate will have a higher probability.

In short, hashrate and difficulty have nothing to do with the size of the block you mine.

Ian

Hashrate and difficulty are unrelated to number of transactions, but a poorly connected node may show low number of transactions - which may also be a problem when broadcasting blocks! I.e. if two miners find a block almost at the same time, the well-connected node wins the block because it is broadcast more widely.

Not saying that's the case, but a low transaction number could be a signal of a poorly connected node, which could be a disadvantage in a race.

So... the drop in effective hashrate could actually be the result of a DDOS on the ASICMINER node(s)?

It did conveniently stop after the dividend payout - it could be someone trying to manipulate the price, or one of the other pool operators.

It may possibly suggest network issues, but it's a bit of a leap to say DDOS...

benm

newbie

Activity: 27

Merit: 0

Quote from: bitfair on June 19, 2013, 10:08:31 PM

Quote from: ianp on June 19, 2013, 09:38:17 PM

Quote from: benm on June 19, 2013, 09:26:29 PM

I haven't looked into this too closely, but all/most of the recent blocks awarded to ASICMINER have a much lower transaction count than those awarded to other miners/pools. Is that a coincidence, is it a consequence of the hardware design, is it somehow indicative of the recent drop in hashrate?

Coincidence. I saw one earlier with 600+ transactions.

Regardless, there is no mechanism in BTC to selectively mine blocks. I.e., you can't mine a 100 transaction block more easily than you can mine a 1,000 transaction block with a given difficulty. This cannot be done by adjusting hashrate either. At a given difficulty, your probability for mining a block is fixed to a certain hashrate over a period of time. A lower hashrate will have a lower probability, and a higher hashrate will have a higher probability.

In short, hashrate and difficulty have nothing to do with the size of the block you mine.

Ian

Hashrate and difficulty are unrelated to number of transactions, but a poorly connected node may show low number of transactions - which may also be a problem when broadcasting blocks! I.e. if two miners find a block almost at the same time, the well-connected node wins the block because it is broadcast more widely.

Not saying that's the case, but a low transaction number could be a signal of a poorly connected node, which could be a disadvantage in a race.

So... the drop in effective hashrate could actually be the result of a DDOS on the ASICMINER node(s)?

It did conveniently stop after the dividend payout - it could be someone trying to manipulate the price, or one of the other pool operators.

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: nubbins on June 19, 2013, 10:14:48 PM

Any thoughts as to why it started dropping at the moment BTCGuild mining went to zero?

I have thoughts relating to timing, but am turning over a new leaf and won't air them here.

It's a struggle for me so I've come up with a daily affirmation:

It is for me to decide which companies to invest in. It is for those that run them to decide how to do so. Friedcat has proven himself to be above suspicion so I will choose to trust in his ability to safeguard my investment. And darnit, I'm a good person.

nubbins

legendary

Activity: 1554

Merit: 1009