2) Yifu you are such a boss. I can feel the "no way we will let 1 company produce all the ASICs and possible damage the network" ethos as I read back to the start of this process. I wonder if you thought you'd win the race when you started, or just assumed you would be there soon after. Either way, bravo, amazing job, keep shipping them and I can't wait for the entire batch to be rec'd and we all watch the bitcoin network grow stronger.
Topic: They are real: The Bitcoin Foundation Opens Up Avalon’s First ASIC (Read 4389 times)
February 01, 2013, 12:15:18 PM
1)
2) Yifu you are such a boss. I can feel the "no way we will let 1 company produce all the ASICs and possible damage the network" ethos as I read back to the start of this process. I wonder if you thought you'd win the race when you started, or just assumed you would be there soon after. Either way, bravo, amazing job, keep shipping them and I can't wait for the entire batch to be rec'd and we all watch the bitcoin network grow stronger.
2) Yifu you are such a boss. I can feel the "no way we will let 1 company produce all the ASICs and possible damage the network" ethos as I read back to the start of this process. I wonder if you thought you'd win the race when you started, or just assumed you would be there soon after. Either way, bravo, amazing job, keep shipping them and I can't wait for the entire batch to be rec'd and we all watch the bitcoin network grow stronger.
February 01, 2013, 11:15:43 AM
Yea seem lots of people think its fake on youtube lol It looks awsome glad to see a product seem great. Good job avalon
February 01, 2013, 11:11:51 AM
Charlie,
Thanks for the update and video attempt. I wish you guys would do a better video than this: http://www.youtube.com/watch?v=mk_c3QE_1aE&feature=youtu.be
Hard to see anything on the screen.
I think the community would appreciate a thorough video review of the device and the stat outputs.
Looking forward to it.
Thanks!
Smoothie
Thanks for the update and video attempt. I wish you guys would do a better video than this: http://www.youtube.com/watch?v=mk_c3QE_1aE&feature=youtu.be
Hard to see anything on the screen.
I think the community would appreciate a thorough video review of the device and the stat outputs.
Looking forward to it.
Thanks!
Smoothie
Agreed, we will do it!
February 01, 2013, 04:58:44 AM
Charlie,
Thanks for the update and video attempt. I wish you guys would do a better video than this: http://www.youtube.com/watch?v=mk_c3QE_1aE&feature=youtu.be
Hard to see anything on the screen.
I think the community would appreciate a thorough video review of the device and the stat outputs.
Looking forward to it.
Thanks!
Smoothie
Thanks for the update and video attempt. I wish you guys would do a better video than this: http://www.youtube.com/watch?v=mk_c3QE_1aE&feature=youtu.be
Hard to see anything on the screen.
I think the community would appreciate a thorough video review of the device and the stat outputs.
Looking forward to it.
Thanks!
Smoothie
February 01, 2013, 02:51:40 AM
Off by a single order of magnitude. The correct math should be: one third of one tenth of one percent.
89 / 24,500 [current network estimate from bitcoincharts.com] = 0.0036. x 100 = 0.36%. So two orders of magnitude. One third of one percent.
It figures my brain would have skip the step that converts it to a percent when I'm trying to do math in public.
Hahah...I found 4 blocks in one night on my laptop CPU...man have things changed. If only I had found Bitcoin sooner...it was literally a week later that CPU mining went kaput...
Sometime in the spring of 2009 I'd just heard of this bitcoin thing on some forum, it was probably a cold story in the Slashdot firehose. It was Friday and I was headed out of town for the weekend so I just left my laptop mining these things. I come back there's a 150 bitcoins in my wallet and I just forget they exist for a few months. That fall I'm cleaning out app I hadn't used and stumble on this bitcoin thing again and decide to see if they are worth anything. When I find out they are worth somewhere between a dime and a quarter I'm like fuck this shit... uninstall. When the news of dollar parity hit I spent a good several hours finding out that wallet.dat was definitely overwritten.
At least I donated their value to all of the other bitcoins instead of helping that Pirate fellow overdose on mountains of cocaine and strippers.
February 01, 2013, 01:57:43 AM
“I became the centralization that I set out to destroy” that is the essence of mining at this point.
February 01, 2013, 01:53:59 AM
Very nice!
February 01, 2013, 01:47:07 AM
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
Or in other words, on average, a solo mining Avalon ASIC should find a block once every 2 days, 4 hours at current difficulty.
Ahhh, this takes me back to early days of the first of the double 5970 rigs ... actually was a block per day when we hacked up the PCI extension cable/power breakout trick I seem to recall.
Hahah...I found 4 blocks in one night on my laptop CPU...man have things changed. If only I had found Bitcoin sooner...it was literally a week later that CPU mining went kaput...
February 01, 2013, 01:15:06 AM
Enjoy finding blocks every 2 days or so for a couple weeks until difficulty inevitably shoots up and you realize you would be better off selling your hardware and just buying btc. 
February 01, 2013, 12:54:12 AM
Sick math burn.
February 01, 2013, 12:13:14 AM
Off by a single order of magnitude. The correct math should be: one third of one tenth of one percent.
89 / 24,500 [current network estimate from bitcoincharts.com] = 0.0036. x 100 = 0.36%. So two orders of magnitude. One third of one percent.
Ah, that's embarrassing.
February 01, 2013, 12:10:38 AM
Off by a single order of magnitude. The correct math should be: one third of one tenth of one percent.
89 / 24,500 [current network estimate from bitcoincharts.com] = 0.0036. x 100 = 0.36%. So two orders of magnitude. One third of one percent.
February 01, 2013, 12:08:15 AM
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
Or in other words, on average, a solo mining Avalon ASIC should find a block once every 2 days, 4 hours at current difficulty.
Which is awesome, but just a couple aren't going to spike the network into a steep incline as long as the avalon release continues to ship steadily, probably at least a few days before there is a noticeable impact
Maths gurus: how slowly would 89GH have to switch in and out of the network for it to be visible above the hash-rate noise floor?
I wanna see glitches on bitcoincharts or it didn't happen!
I wanna see glitches on bitcoincharts or it didn't happen!
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
I just roughly divided 25 trillion by 80 billion (I think it was a few hours ago).
Off by a single order of magnitude. The correct math should be: one third of one tenth of one percent.
February 01, 2013, 12:05:51 AM
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
Or in other words, on average, a solo mining Avalon ASIC should find a block once every 2 days, 4 hours at current difficulty.
Which is awesome, but just a couple aren't going to spike the network into a steep incline as long as the avalon release continues to ship steadily, probably at least a few days before there is a noticeable impact
Maths gurus: how slowly would 89GH have to switch in and out of the network for it to be visible above the hash-rate noise floor?
I wanna see glitches on bitcoincharts or it didn't happen!
I wanna see glitches on bitcoincharts or it didn't happen!
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
I just roughly divided 25 trillion by 80 billion (I think it was a few hours ago).
January 31, 2013, 11:15:52 PM
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
Or in other words, on average, a solo mining Avalon ASIC should find a block once every 2 days, 4 hours at current difficulty.
Ahhh, this takes me back to early days of the first of the double 5970 rigs ... actually was a block per day when we hacked up the PCI extension cable/power breakout trick I seem to recall.
January 31, 2013, 10:58:36 PM
Maths gurus: how slowly would 89GH have to switch in and out of the network for it to be visible above the hash-rate noise floor?
I wanna see glitches on bitcoincharts or it didn't happen!
I wanna see glitches on bitcoincharts or it didn't happen!
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
January 31, 2013, 10:56:42 PM
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
Or in other words, on average, a solo mining Avalon ASIC should find a block once every 2 days, 4 hours at current difficulty.
January 31, 2013, 09:13:22 PM
Maths gurus: how slowly would 89GH have to switch in and out of the network for it to be visible above the hash-rate noise floor?
I wanna see glitches on bitcoincharts or it didn't happen!
I wanna see glitches on bitcoincharts or it didn't happen!
Whatever pool you aim this at is definitely going to notice it, but for the network at large it is a single Avalon Asic is still roughly one third of one hundredth of one percent of the bitcoin network's hashing power or a bit less.
January 31, 2013, 08:56:10 PM
Finally they arrived! This is very nice
January 31, 2013, 08:53:55 PM
we did some quick calculations. We realized, amazingly, that the machine is actually earning more than minimum wage here in New York City
A great reward for the first few out there but that return will drop once that single machine is multiplied by hundreds/thousands.
Awesome stuff though.
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