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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 969. (Read 3917058 times)

hero member
Activity: 671
Merit: 500
what's the deal with this website?  was it supposed to be the official ASICMiner website and supposed to receive regular updates? - http://www.asicminer.co/about.html

I have asicminer.org / bitfountain.org if anyone is interested in putting something quality there and doing regular updates. 

I have http://asicminerauction.x10.mx/ which features WP auctions if anybody wants it.  While it's a free site which I will give away for free, don't think it doesn't have value...
sr. member
Activity: 322
Merit: 252
Blue dots incoming!



sr. member
Activity: 378
Merit: 250
Sold half of its blades to some rich Chinese people who interest to mining business, and received RMB with transaction. Received RMB could prevent exchange this amount of BTC over exchange will absolutely caused a huge price dump...Friedcat a nice guy makes every possibly effort to protecting us.. God bless you ,mate!!!

This is just pro-ASICMINER rhetoric until we can confirm. Information without sources are more harmful than good.

If you have a source, post it.
Isn't feel I am overstated something by told rhetoric language. just think this is a meaningless , do not take it seriously.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
what's the deal with this website?  was it supposed to be the official ASICMiner website and supposed to receive regular updates? - http://www.asicminer.co/about.html

I have asicminer.org / bitfountain.org if anyone is interested in putting something quality there and doing regular updates. 

Would you contact ThickAsThieves, FrankTank, VJain or myself? We would probably be interested.

We're collecting questions from the community, allowing the community to vote, and TAT is submitting them to Friedcat for us. This might be a nice place to post/mirror the info.

Ian

Sure thing.  You know where to find me!  Smiley
full member
Activity: 294
Merit: 100
Sold half of its blades to some rich Chinese people who interest to mining business, and received RMB with transaction. Received RMB could prevent exchange this amount of BTC over exchange will absolutely caused a huge price dump...Friedcat a nice guy makes every possibly effort to protecting us.. God bless you ,mate!!!

This is just pro-ASICMINER rhetoric until we can confirm. Information without sources are more harmful than good.

If you have a source, post it.
full member
Activity: 294
Merit: 100
what's the deal with this website?  was it supposed to be the official ASICMiner website and supposed to receive regular updates? - http://www.asicminer.co/about.html

I have asicminer.org / bitfountain.org if anyone is interested in putting something quality there and doing regular updates.  

Would you contact ThickAsThieves, FrankTank, VJain or myself? We would probably be interested.

We're collecting questions from the community, allowing the community to vote, and TAT is submitting them to Friedcat for us. This might be a nice place to post/mirror the info.

Ian
full member
Activity: 294
Merit: 100
I'm going to disagree. The most reasonable reason is variance. The hashpower is unchanged, but the luck is a little bad for a few hours. The charts calculate hashpower based on blocks found, not based on actual hashpower. A decline in luck for AM can easily correspond with an increase in luck for a major pool.

Now, for the last time, can we stop discussing why hashpower changed over any period shorter than 3 days?  If you think hashpower changed, ask yourself what time period the change is over. If it's less than 3 days, the MOST likely explanation is variance. If it's greater than 3 days, then you can start speculating about hardware being moved, planned slowdown before difficulty reset, etc.

It feels like we have this discussion every 7-10 pages in this thread.

Variance.

Again, variance.

Again, variance.

I think that attributing this to variance is a bit of a stretch. Something is going on, we just don't know what. With that said, I'm inclined to believe there is a valid reason behind the drop (hardware sales, etc.)

The probability of finding a block per hour based on a given difficulty is easy to figure out. Conversely, the probability of not finding a given block per hour (or any timeframe) is easy to figure as well. Therefore, determining hashpower over 24 or 48 hours should be fairly accurate. A lot of variance would have to happen for 24 or 48 samples to be incorrect.

Over 48 hours, AM is hashing at ~18.75 th/s. Using a larger sample size takes us before the dip, and the numbers are still lower than expected. 120 hours works out to 28.84, and that average is weighted heavily in the first couple of days. Tomorrow (and the next day) will provide us with good insight as to current hashpower over the past 5 days

Regardless, it's fun to talk about and look at the data.
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
what's the deal with this website?  was it supposed to be the official ASICMiner website and supposed to receive regular updates? - http://www.asicminer.co/about.html

I have asicminer.org / bitfountain.org if anyone is interested in putting something quality there and doing regular updates. 
sr. member
Activity: 378
Merit: 250
Selling blades in bulk for cash would make a lot of sense if some NRE costs are coming up for the next generation of chips, seeing as those costs must be paid in cash (selling a ton of BTC to raise RMB might be problematic). If that is the case we won't see the dividend pop, but it will all be cool nonetheless.  Cool

Sold half of its blades to some rich Chinese people who interest to mining business, and received RMB with transaction. Received RMB could prevent exchange this amount of BTC over exchange will absolutely caused a huge price dump...Friedcat a nice guy makes every possibly effort to protecting us.. God bless you ,mate!!!

sr. member
Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
Please, can somebody interested on keep on speculating about the short term hashrate changes of AM create a thread about it on the speculation subforum?

And please, link it here and everybody, please, keep the speculation there.

Thank you, very much.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
Selling blades in bulk for cash would make a lot of sense if some NRE costs are coming up for the next generation of chips, seeing as those costs must be paid in cash (selling a ton of BTC to raise RMB might be problematic). If that is the case we won't see the dividend pop, but it will all be cool nonetheless.  Cool
sr. member
Activity: 353
Merit: 251

The most reasonable reason regard to this instantly drop of hashpower ,is Friedcat ...


I'm going to disagree. The most reasonable reason is variance. The hashpower is unchanged, but the luck is a little bad for a few hours. The charts calculate hashpower based on blocks found, not based on actual hashpower. A decline in luck for AM can easily correspond with an increase in luck for a major pool.

Now, for the last time, can we stop discussing why hashpower changed over any period shorter than 3 days?  If you think hashpower changed, ask yourself what time period the change is over. If it's less than 3 days, the MOST likely explanation is variance. If it's greater than 3 days, then you can start speculating about hardware being moved, planned slowdown before difficulty reset, etc.

It feels like we have this discussion every 7-10 pages in this thread.

Variance.

Again, variance.

Again, variance.

While i think you are generally right, I would argue that this time variance does not seem to adequately explain the current drop; http://runeks.dk/bitcoin/ 24h average is WAY down, 3 day average is also down by a large percentage, and even the 7 day average has made an unprecedented dip.
hero member
Activity: 752
Merit: 500
bitcoin hodler
what's the deal with this website?  was it supposed to be the official ASICMiner website and supposed to receive regular updates? - http://www.asicminer.co/about.html

nope, some fan started it up and then stopped updating it
sr. member
Activity: 378
Merit: 250

The most reasonable reason regard to this instantly drop of hashpower ,is Friedcat ...


I'm going to disagree. The most reasonable reason is variance. The hashpower is unchanged, but the luck is a little bad for a few hours. The charts calculate hashpower based on blocks found, not based on actual hashpower. A decline in luck for AM can easily correspond with an increase in luck for a major pool.

Now, for the last time, can we stop discussing why hashpower changed over any period shorter than 3 days?  If you think hashpower changed, ask yourself what time period the change is over. If it's less than 3 days, the MOST likely explanation is variance. If it's greater than 3 days, then you can start speculating about hardware being moved, planned slowdown before difficulty reset, etc.

It feels like we have this discussion every 7-10 pages in this thread.

Variance.

Again, variance.

Again, variance.

Oh, yes ,variance ...I hope this situation will stop soon...get luck back AM...I do not sure about how those chart derive AM's hashpower, but a 10 % variance is just too extreme, I rather than believe there are suffered pending electricity supply .
hero member
Activity: 630
Merit: 500
what's the deal with this website?  was it supposed to be the official ASICMiner website and supposed to receive regular updates? - http://www.asicminer.co/about.html
member
Activity: 114
Merit: 10

The most reasonable reason regard to this instantly drop of hashpower ,is Friedcat ...


I'm going to disagree. The most reasonable reason is variance. The hashpower is unchanged, but the luck is a little bad for a few hours. The charts calculate hashpower based on blocks found, not based on actual hashpower. A decline in luck for AM can easily correspond with an increase in luck for a major pool.

Now, for the last time, can we stop discussing why hashpower changed over any period shorter than 3 days?  If you think hashpower changed, ask yourself what time period the change is over. If it's less than 3 days, the MOST likely explanation is variance. If it's greater than 3 days, then you can start speculating about hardware being moved, planned slowdown before difficulty reset, etc.

It feels like we have this discussion every 7-10 pages in this thread.

Variance.

Again, variance.

Again, variance.
sr. member
Activity: 378
Merit: 250
I think everyone here, do not start panic selling, in case both assumptions are not pessimistic.

correction: do start panic selling, Im waiting @ the bottom for your sell orders.

It looks like someone on btct sold TAT.AMs all the way down to 0.025121... and I had no buy orders in :/

It will be a tough day to selling AM-PT at 2.89 level... the price will significantly dump because of the hashrate drooped.
member
Activity: 67
Merit: 10
I think everyone here, do not start panic selling, in case both assumptions are not pessimistic.

correction: do start panic selling, Im waiting @ the bottom for your sell orders.

It looks like someone on btct sold TAT.AMs all the way down to 0.025121... and I had no buy orders in :/
sr. member
Activity: 378
Merit: 250
I think everyone here, do not start panic selling, in case both assumptions are not pessimistic.

correction: do start panic selling, Im waiting @ the bottom for your sell orders.
Yes...I should change it , everyone start panic selling right now...I am waiting @ the bottom...

mem
hero member
Activity: 644
Merit: 501
Herp Derp PTY LTD
I think everyone here, do not start panic selling, in case both assumptions are not pessimistic.

correction: do start panic selling, Im waiting @ the bottom for your sell orders.
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