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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 858. (Read 3917543 times)

sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Batch3 needs to be delivered in order to deliver chips. And apparently that will be done really quick.

Where did you see that? All announcements from Yifu have seemed to indicate the opposite - the chips will ship BEFORE batch 3.
legendary
Activity: 1064
Merit: 1000
Batch3 needs to be delivered in order to deliver chips. And apparently that will be done really quick.
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫

Here's the first pictures of the half million Avalon chips that will be shipping shortly.


That works out to about 150TH, right?

Assuming most people do not overclock. The chips are nominally 282 MH/s each, but have been demonstrated to go up to 400 MH/s each.

0.282 * 500000 = 141000 GH/s.

will be shipping shortly.
shortly?  as in, September?

meanwhile, blades aren't even for sale, and we've already sold 300+ (.01+/share).

As in a week. Those chips are in hand and ready to ship. The lead time Avalon announced was 8-10 weeks and it is now week 9.

Article from TGB predicts the total shipment may reach 1 petahash (I seriously doubt it).

http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/
sr. member
Activity: 476
Merit: 250
will be shipping shortly.
shortly?  as in, September?

meanwhile, blades aren't even for sale, and we've already sold 300+ (.01+/share).
legendary
Activity: 1722
Merit: 1004

Here's the first pictures of the half million Avalon chips that will be shipping shortly.


That works out to about 150TH, right?
sr. member
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
Hello all,

Here's the first pictures of the half million Avalon chips that will be shipping shortly.

http://imgur.com/a/GR0e3

Cheers.

(By the way, I am buying 90d puts at a strike of 3.2 for 0.3.)
full member
Activity: 207
Merit: 100
legendary
Activity: 994
Merit: 1000
it just seems unbalanced, and not as efficient as it could be, as far as the blockchain system is concerned...
I guess there's no way around this though..

In general a miner will include all blocks he knows about at the time.  If he isn't well connected and doesn't 'hear' the transactions, then he can't include them in the block.  Miners wouldn't leave fee paying transactions on the table.
sr. member
Activity: 392
Merit: 250
it just seems unbalanced, and not as efficient as it could be, as far as the blockchain system is concerned...
I guess there's no way around this though..
legendary
Activity: 994
Merit: 1000
Maybe I'm still a little unclear on how the system works, but tiny blocks with a 25BTC reward can't be healthy for BTC in general, can it?  That seems like a very small amount of work with a very disproportionate reward attached to it..

What you aren't understanding is that it doesn't take any more 'work' to complete a block with 1 transaction vs. a block with 100.  It's in the miners best interest to include as many fee paying transactions as possible as to maximize profits.
full member
Activity: 207
Merit: 100
Maybe I'm still a little unclear on how the system works, but tiny blocks with a 25BTC reward can't be healthy for BTC in general, can it?  That seems like a very small amount of work with a very disproportionate reward attached to it..

There's nothing you can do about this, blocks are found randomly approximately every 10 minutes. Sometimes a block will take 30 minutes and sometimes less than 1 minute. The longer it takes to find a block the more transactions will be in it. It's just the nature of mining.
sr. member
Activity: 392
Merit: 250
Maybe I'm still a little unclear on how the system works, but tiny blocks with a 25BTC reward can't be healthy for BTC in general, can it?  That seems like a very small amount of work with a very disproportionate reward attached to it..
full member
Activity: 207
Merit: 100
ASICMINER just finished a 14 transaction block of 175BTC.  I didn't even know that was possible..

http://blockchain.info/block-index/398497/000000000000000e244383d8c453407dc443255b82b5f3c8220a715f751f80c5

7 transactions and only 66 BTC
hero member
Activity: 518
Merit: 500
What are you guys talking about?
http://blockchain.info/block-index/398496/0000000000000018c4876d76a2111ee374a0699b6d0ada8d8311f231fb0967df

That transaction only had .0033 in fees.

Sorry, that's what I get for not paying attention!
legendary
Activity: 1904
Merit: 1002
ASICMINER just finished a 14 transaction block of 175BTC.  I didn't even know that was possible..

Sometimes people accidentally put the transaction amount as the mining fee. Poor guy!

Haha, TAT, the 175BTC was total block transaction value; VE was surprised at the low amount of transactions/BTC relayed in that block.

It's b/c AM doesn't seem to be a well-connected node-

http://blockchain.info/block-index/398496/0000000000000018c4876d76a2111ee374a0699b6d0ada8d8311f231fb0967df

They really should look into p2pool.
legendary
Activity: 1904
Merit: 1002
What are you guys talking about?
http://blockchain.info/block-index/398496/0000000000000018c4876d76a2111ee374a0699b6d0ada8d8311f231fb0967df

That transaction only had .0033 in fees.

Indeed... it had 175 BTC total output.  As in all of the transactions in the block.
legendary
Activity: 1386
Merit: 1000
ASICMINER just finished a 14 transaction block of 175BTC.  I didn't even know that was possible..

Sometimes people accidentally put the transaction amount as the mining fee. Poor guy!

Haha, TAT, the 175BTC was total block transaction value; VE was surprised at the low amount of transactions/BTC relayed in that block.

It's b/c AM doesn't seem to be a well-connected node-

http://blockchain.info/block-index/398496/0000000000000018c4876d76a2111ee374a0699b6d0ada8d8311f231fb0967df
legendary
Activity: 994
Merit: 1000
legendary
Activity: 1372
Merit: 1000
ASICMINER just finished a 14 transaction block of 175BTC.  I didn't even know that was possible..

Sometimes people accidentally put the transaction amount as the mining fee. Poor guy!

LOL you're kidding, better just pay a steady default and eat the fee.
sr. member
Activity: 378
Merit: 250
ASICMINER just finished a 14 transaction block of 175BTC.  I didn't even know that was possible..

Sometimes people accidentally put the transaction amount as the mining fee. Poor guy!
Hashrate goes like superstar~~~~ Grin Grin Grin Grin
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