ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 966.

dhenson

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Quote from: ThickAsThieves on June 18, 2013, 09:24:23 PM

Since you insist, here's another speculative angle.

Maybe they took hashes offline because they realized they could freeze the current difficulty for a bit while they work on getting the new boards ready.

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Quote from: JordanL on June 18, 2013, 11:40:13 PM

Quote from: tkone on June 18, 2013, 10:59:45 PM

Quote from: TsuyokuNaritai on June 18, 2013, 10:43:33 PM

Quote from: VJain on June 18, 2013, 10:35:42 PM

Quote from: chriswilmer on June 18, 2013, 10:34:51 PM

Quote from: empoweoqwj on June 18, 2013, 10:33:25 PM

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalksearch.org/topic/m.2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalksearch.org/topic/m.2516250

i confirm i read it also its here you can see it yourself,
anyone want to sell shares link up with me while i still have some funds

This now widely-accepted news will also mean the end of Bitcoin itself, since similar quantum computers will be able to break the SHA256 algorithm. In light of this news, as an act of charity, I will purchase everyone's Bitcoins for $1 USD each.

I'll sell you my Testnet coins! You know, the quantum computers are going to be tested on testnet first.

boyohi

full member

Activity: 182

Merit: 100

Quote from: TsuyokuNaritai on June 18, 2013, 10:43:33 PM

Quote from: VJain on June 18, 2013, 10:35:42 PM

Quote from: chriswilmer on June 18, 2013, 10:34:51 PM

Quote from: empoweoqwj on June 18, 2013, 10:33:25 PM

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalksearch.org/topic/m.2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalksearch.org/topic/m.2516250

big dividends for all!!

str4wm4n

legendary

Activity: 1611

Merit: 1001

satoshi is the AI persona of the internet

daemondazz

sr. member

Activity: 448

Merit: 250

I saw it in a movie length documentary!

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: VolanicEruptor on June 19, 2013, 12:06:47 AM

We could also be part of a Matrix, where our bodies are harvested and grown by machines. This is just getting ridiculous.

That's no rumour. Its fact Grin

VolanicEruptor

sr. member

Activity: 392

Merit: 250

We could also be part of a Matrix, where our bodies are harvested and grown by machines. This is just getting ridiculous.

JordanL

donator

Activity: 294

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Quote from: tkone on June 18, 2013, 10:59:45 PM

Quote from: TsuyokuNaritai on June 18, 2013, 10:43:33 PM

Quote from: VJain on June 18, 2013, 10:35:42 PM

Quote from: chriswilmer on June 18, 2013, 10:34:51 PM

Quote from: empoweoqwj on June 18, 2013, 10:33:25 PM

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalksearch.org/topic/m.2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalksearch.org/topic/m.2516250

i confirm i read it also its here you can see it yourself,
anyone want to sell shares link up with me while i still have some funds

This now widely-accepted news will also mean the end of Bitcoin itself, since similar quantum computers will be able to break the SHA256 algorithm. In light of this news, as an act of charity, I will purchase everyone's Bitcoins for $1 USD each.

tkone

full member

Activity: 168

Merit: 100

Quote from: TsuyokuNaritai on June 18, 2013, 10:43:33 PM

Quote from: VJain on June 18, 2013, 10:35:42 PM

Quote from: chriswilmer on June 18, 2013, 10:34:51 PM

Quote from: empoweoqwj on June 18, 2013, 10:33:25 PM

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalksearch.org/topic/m.2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalksearch.org/topic/m.2516250

i confirm i read it also its here you can see it yourself,
anyone want to sell shares link up with me while i still have some funds

TsuyokuNaritai

hero member

Activity: 574

Merit: 500

Quote from: VJain on June 18, 2013, 10:35:42 PM

Quote from: chriswilmer on June 18, 2013, 10:34:51 PM

Quote from: empoweoqwj on June 18, 2013, 10:33:25 PM

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalksearch.org/topic/m.2516240. Internet, must be true!

It is true. It was confirmed as certain at https://bitcointalksearch.org/topic/m.2516250

VJain

sr. member

Activity: 305

Merit: 250

Quote from: chriswilmer on June 18, 2013, 10:34:51 PM

Quote from: empoweoqwj on June 18, 2013, 10:33:25 PM

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

I read about it on https://bitcointalksearch.org/topic/m.2516240. Internet, must be true!

chriswilmer

legendary

Activity: 1008

Merit: 1000

Quote from: empoweoqwj on June 18, 2013, 10:33:25 PM

... a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs...

I just heard about this. Is it true?

empoweoqwj

hero member

Activity: 518

Merit: 500

Personally, I believe that if anyone buy (or sells) shares based on the "idle gossip" in the days between real news is a fool. Speculation and rumours are 95% rubbish, used by people to fill the day.

If you want to buy shares in ASICMINER, look at how they have delivered consistently since the very start, in both increasing share price and dividends. Same goes for selling. Judge it on real data, not rumours.

I believe (hope?) most people are smart enough to know this. The share price is slightly down this last few days because the hashing rate is slightly down. The price will move based on what friedcat says, not when people suggest random "Doomsday scenarios" on this thread.

If that isn't the case, and share prices really do move on rumours, I just heard a new company is preparing to launch quantum computers that will mine bitcoins 1000x faster than ASICs. Can I have your shares for 0.5BTC please ?

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: velacreations on June 18, 2013, 10:10:43 PM

Quote from: tkone on June 18, 2013, 10:03:32 PM

i love how speculation helps keep the share price lower, makes it easier for me to invest more or reinvest profits

i hope this goes on for a while

well, you should be really happy after tomorrow's dividend, then.

Unless the 'large' hardware purchase theory is correct and the dividend is so huge they decided to give the blades a rest. Wink

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: tkone on June 18, 2013, 10:03:32 PM

i love how speculation helps keep the share price lower, makes it easier for me to invest more or reinvest profits

i hope this goes on for a while

well, you should be really happy after tomorrow's dividend, then.

tkone

full member

Activity: 168

Merit: 100

i love how speculation helps keep the share price lower, makes it easier for me to invest more or reinvest profits

i hope this goes on for a while

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: empoweoqwj on June 18, 2013, 09:19:44 PM

Yet you do it anyway... Huh

That's how I roll.

freedomno1

legendary

Activity: 1834

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Learning the troll avoidance button :)

Quote from: ThickAsThieves on June 18, 2013, 09:24:23 PM

Quote from: dhenson on June 18, 2013, 09:16:30 PM

Quote from: neilol on June 18, 2013, 08:58:18 PM

Why are people not freaking out about the vanishing of hashing power? This could be so many negative things

Most in this thread are only interested in positive news. Any negative news is met with posts such as "Move this to a different thread" or ad hominem attacks.

We are in a SERIOUS hashing decline (37 -> 17 Th/s). Possible reasons:
  1) Something is wrong @ the data center and blades are being taken offline. (possible)
  2) Old hardware is being swapped out with newer hardware. (unlikely as it's too soon)
  3) Friedcat has changed his mind re: solo mining and is moving to a pool. (doesn't seem to be the case as overall network hashing is also down)
  4) ?

I can think of a handful of really really depressing fraudulent reasons but even thinking about typing them out is making my gag reflex act up.

The truth is, speculating doesn't help and can only hurt the share price. Up to this point friedcat has been THE shining example of a good actor in the bitcoin space so I think we can safely rule out any nefarious intent.

We'll just have to wait and see.

Since you insist, here's another speculative angle.

Maybe they took hashes offline because they realized they could freeze the current difficulty for a bit while they work on getting the new boards ready.

It's totally got to be the bitcoinfoundation wanting a discount XD
Or should I move that to conspiracy theories

Interesting note
https://bitcointalksearch.org/topic/ann-first-500ghs-bfl-unit-up-and-running-237710

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: dhenson on June 18, 2013, 09:16:30 PM

Quote from: neilol on June 18, 2013, 08:58:18 PM

Why are people not freaking out about the vanishing of hashing power? This could be so many negative things

Most in this thread are only interested in positive news. Any negative news is met with posts such as "Move this to a different thread" or ad hominem attacks.

We are in a SERIOUS hashing decline (37 -> 17 Th/s). Possible reasons:
1) Something is wrong @ the data center and blades are being taken offline. (possible)
2) Old hardware is being swapped out with newer hardware. (unlikely as it's too soon)
3) Friedcat has changed his mind re: solo mining and is moving to a pool. (doesn't seem to be the case as overall network hashing is also down)
4) ?

I can think of a handful of really really depressing fraudulent reasons but even thinking about typing them out is making my gag reflex act up.

The truth is, speculating doesn't help and can only hurt the share price. Up to this point friedcat has been THE shining example of a good actor in the bitcoin space so I think we can safely rule out any nefarious intent.

We'll just have to wait and see.

Since you insist, here's another speculative angle.

Maybe they took hashes offline because they realized they could freeze the current difficulty for a bit while they work on getting the new boards ready.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Yeah, how was that NOT speculation?

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 966. (Read 3917568 times)