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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 992. (Read 3917568 times)

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Efficient units that can be made faster incrementally that can be put to market immediately
Are better than heavy R@D units that take years to get to market and cannot be used for a while
sr. member
Activity: 356
Merit: 255
Mmm.. I don't know, I think they are building out things as fast as they can, and nothing is sitting idle, other than inventory allocated for delivery to hardware buyers. Bear in mind to keep up with difficulty gains in the network, they need to be racking and stacking 60+ blockerupters per day. They need to do this 7 days a week, while also building out all the space, networking switches, power, and cooling to support over 3100 blockerupters they currently have deployed. (They have proven their ability to deploy at a peak rate of ~60 blockeruptor boards a day.)

Remember these numbers will only go as they try to maintain their share of an ever growing hashrate. Someone mentioned the law of large numbers earlier. I think an explanation might be in order.

"The first is the law of large numbers. As a company gets bigger, each percentage of incremental revenue suddenly represents a fundamentally larger number. As the base grows, the amount of new business needed to make a material difference in earnings also rises, increasing the pressure on sales to find new markets, new categories, and new geographies. In other words, the larger a company becomes, the more the entire engine has to work harder."

IE: It's going to become exceedingly harder and harder for AM to maintain their share of the network, and it seems at some point they might not be able to keep up. (When and if that happens only really FC could guess.)

-helixone

I'm familiar with the concept, and I don't think that there is any conflict whatsoever (right now) between growing total hashrate and the ability to keep cold spares. Think about it: the delay of deployment due to learning how to deploy these quickly has already been flushed out. The estimated rate of 60 boards per day is an estimate of actual deployment, and can't be used as a "peak" value of actual hardware racking - nobody but Friedcat's team knows the actual rack rate. Add to that the knowledge that the percentage of the network has not only kept up, but has INCREASED at the same time, and we can extrapolate that the deployment of hardware has accelerated beyond the initial few weeks' rate. They're learning how to deploy faster, so there's no reason to put a limit on their deployment efforts just because we don't see the effect on the network hashrate. That's how I came up with my theory... mind you, it is just a theory, but I did take into account the idea that the deployment must accelerate beyond the growth of the network in order to maintain the current percentages. Of course, it won't stand up perpetually, but for now, deployment is accelerating beyond what's necessary. And that makes me think that there's no reason they can't assembly-line this into a cold standby situation. That's how I think I'd do it, anyway, in order to avoid growing hashrate too quickly while leveraging the workforce putting the hardware into place at peak efficiency. Wink
full member
Activity: 131
Merit: 100
Amazing! I really get the feeling that ASICMiner really has this planned out much more than many people had expected (including myself!).

My personal opinion is that they spend time racking and networking devices that are powered down but ready to go, and that they keep an eye on hashrate/difficulty closely enough that they simply provide power to the cold devices when a boost is necessary to maintain their "dominant but not too powerful" position. I have no evidence for this other than a gut feeling based on observation of the hash rates and competition, but I'm pretty sure reality is something very close to this description. I wonder if they have at least 50% spare hashpower ready at any given moment, but that's just me daydreaming.

In a word: Juggernaut.

Mmm.. I don't know, I think they are building out things as fast as they can, and nothing is sitting idle, other than inventory allocated for delivery to hardware buyers. Bear in mind to keep up with difficulty gains in the network, they need to be racking and stacking 60+ blockerupters per day. They need to do this 7 days a week, while also building out all the space, networking switches, power, and cooling to support over 3100 blockerupters they currently have deployed. (They have proven their ability to deploy at a peak rate of ~60 blockeruptor boards a day.)

Remember these numbers will only go as they try to maintain their share of an ever growing hashrate. Someone mentioned the law of large numbers earlier. I think an explanation might be in order.

"The first is the law of large numbers. As a company gets bigger, each percentage of incremental revenue suddenly represents a fundamentally larger number. As the base grows, the amount of new business needed to make a material difference in earnings also rises, increasing the pressure on sales to find new markets, new categories, and new geographies. In other words, the larger a company becomes, the more the entire engine has to work harder."

IE: It's going to become exceedingly harder and harder for AM to maintain their share of the network, and it seems at some point they might not be able to keep up. (When and if that happens only really FC could guess.)

-helixone
hero member
Activity: 574
Merit: 500
Or they're holding back to avoid a juggernaut hashrate which would harm hardware sales.
sr. member
Activity: 356
Merit: 255
Amazing! I really get the feeling that ASICMiner really has this planned out much more than many people had expected (including myself!).

My personal opinion is that they spend time racking and networking devices that are powered down but ready to go, and that they keep an eye on hashrate/difficulty closely enough that they simply provide power to the cold devices when a boost is necessary to maintain their "dominant but not too powerful" position. I have no evidence for this other than a gut feeling based on observation of the hash rates and competition, but I'm pretty sure reality is something very close to this description. I wonder if they have at least 50% spare hashpower ready at any given moment, but that's just me daydreaming.

In a word: Juggernaut.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)

Quote
Invalid Thread specified...

Just me? If so, could someone quote it//message it to me?

Thanks

Maybe they didnt like me sharing the link?!

It amazes me that there are still people who believe even one iota of what BFL states. Roll Eyes

Well if it finally ships we would have a competitor sort of depends on how fast they can clear their backlogs
hero member
Activity: 784
Merit: 501

Quote
Invalid Thread specified...

Just me? If so, could someone quote it//message it to me?

Thanks

Maybe they didnt like me sharing the link?!

It amazes me that there are still people who believe even one iota of what BFL states. Roll Eyes
legendary
Activity: 980
Merit: 1008
Congratulations to all shareholders on today's dividend! I really didn't think it was going to be that high again.

Our mining earnings chart shows that ASICMiner, despite the 28% difficulty increase that occurred on June 5th, has continued to exceed past week's earnings in mining:



It occurred right before the previous payout, so they have had to increase their hashing power by 28% over night, to keep up with past week's earnings.

Amazing! I really get the feeling that ASICMiner really has this planned out much more than many people had expected (including myself!).
legendary
Activity: 1442
Merit: 1001

Quote
Invalid Thread specified...

Just me? If so, could someone quote it//message it to me?

Thanks

Seems to be deleted. A few minutes ago I could see it, whithout any pictures. I tried to follow the pictures and get the invalid error message. Back to the text Iknow also,see only invalid message ...

I saw the thread as well. Since it was the first unit shipping, it had a special serial number - 1337.  Looks like BFL doesn't consider this an official release - maybe they don't want to get the hopes up for others with single orders or worse, the mini-rigs.
newbie
Activity: 41
Merit: 0

Quote
Invalid Thread specified...

Just me? If so, could someone quote it//message it to me?

Thanks

Seems to be deleted. A few minutes ago I could see it, whithout any pictures. I tried to follow the pictures and get the invalid error message. Back to the text Iknow also,see only invalid message ...
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)

Quote
Invalid Thread specified...

Just me? If so, could someone quote it//message it to me?

Thanks

Maybe they didnt like me sharing the link?!

... It was working a moment ago
GAH Damn next time I'll take a screen cap lol
Summary of URL
Showed units being put into boxes they had personal ID's someone watched them be lasered on
Said that they will put foam for future shipments of boxes instead of just packing it in there
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)

On a bullish note
Second note wall has officially past the halfway point in available to paid shares
https://bitcointalk.org/index.php?topic=213729.60
755 shares available.
765 shares paid
480 shares in reservation/escrow + 121 From thread (Not including PM's)

hero member
Activity: 518
Merit: 500

Quote
Invalid Thread specified...

Just me? If so, could someone quote it//message it to me?

Thanks

Maybe they didnt like me sharing the link?!
sr. member
Activity: 305
Merit: 250
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
ATTENTION!!!

Since we have everyone's attention after another tremendous dividend, I'd like to update everyone on the work of ianp, VJain, Franktank, and myself. We have gathered and pruned what we believe are the most important questions we have for Friedcat at this time. We tried to be fair, and avoid speculative or selfish requests.

Now, we ask you to please review the questions in the form of this poll: https://docs.google.com/forms/d/1KYOoPt3SvM9agj54eah4rl5MabqbGheWSBgHFgFgA0U

Once you rank the questions, I will submit the top voted ones to Friedcat, and/or a board member in hopes of getting an official statement on each of the chosen questions.

Thank you!

Goes off to vote and voted

And yay we did beat PI XD

ASICMINER - Sweeter than π... (yes, I was waiting for that).

I was waiting for someone else to start that meme hehe
sr. member
Activity: 305
Merit: 250
ATTENTION!!!

Since we have everyone's attention after another tremendous dividend, I'd like to update everyone on the work of ianp, VJain, Franktank, and myself. We have gathered and pruned what we believe are the most important questions we have for Friedcat at this time. We tried to be fair, and avoid speculative or selfish requests.

Now, we ask you to please review the questions in the form of this poll: https://docs.google.com/forms/d/1KYOoPt3SvM9agj54eah4rl5MabqbGheWSBgHFgFgA0U

Once you rank the questions, I will submit the top voted ones to Friedcat, and/or a board member in hopes of getting an official statement on each of the chosen questions.

Thank you!

Goes off to vote and voted

And yay we did beat PI XD

ASICMINER - Sweeter than π... (yes, I was waiting for that).
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
ATTENTION!!!

Since we have everyone's attention after another tremendous dividend, I'd like to update everyone on the work of ianp, VJain, Franktank, and myself. We have gathered and pruned what we believe are the most important questions we have for Friedcat at this time. We tried to be fair, and avoid speculative or selfish requests.

Now, we ask you to please review the questions in the form of this poll: https://docs.google.com/forms/d/1KYOoPt3SvM9agj54eah4rl5MabqbGheWSBgHFgFgA0U

Once you rank the questions, I will submit the top voted ones to Friedcat, and/or a board member in hopes of getting an official statement on each of the chosen questions.

Thank you!

Goes off to vote and voted

And yay we did beat PI XD
full member
Activity: 182
Merit: 100
Another great day for dividends! I'll be wearing my friedcat t-shirt with pride all day  Cool Cool

Cat Rich or Fry Trying
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