Topic: [Update - more pics on Shanghai!] Beijing and Shanghai conference news (Read 5793 times)

Quote from: erschiessen on June 30, 2013, 12:27:45 PM

Asicminer announces 800 to 1000T for second half of year finally reaching 1P of hash rate. They also announced the development of a lower nm (maybe 55 or 65) which maybe announced over the next week.

The speakers started with Tencent representative laying the basics for bitcoin. Btc123 forum followed up with in depth explanation on blockchain. Asicminer then took the stage on their share price history. Whole event took about five or six hours.

More news coming in...

Plus we can't forget the person who ordered 200K avalon chips. We are going to see some serious hashrate by end of year.

innovation

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Quote from: innovation on June 30, 2013, 12:14:54 PM

Quote from: Foofighter on June 30, 2013, 11:58:47 AM

looks like a bundle of 5 Blades?

V 2.0?

It is not new products.
acisminer has 3 new products, ie new blade(10GH/S, which can not be overcloked), mini blade(5GH/S) and usb miner.

Pricing, availability, etc?

About new products's availability: According to the record of friedcat, and unlike BFL, if new products are in hand, he will release the new products.
Maybe it is ten days later or twenty days later.
For any accurate information should based friedcat's announcement.
I am just a bystander. What I have said is not your investment's base.

innovation

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The price fo acisminer shares is rocket-soaring from 3.4 or 3.5 BTC before salon to 4.26 btc.

May be the price will rocket-soar again after friedcat annouces the release of 3 new products.
Then the dividend will soar too.

innovation

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Quote from: erschiessen on June 30, 2013, 12:27:45 PM

Quote from: innovation on June 30, 2013, 12:14:54 PM

Quote from: Foofighter on June 30, 2013, 11:58:47 AM

looks like a bundle of 5 Blades?

V 2.0?

It is not new products.
acisminer has 3 new products, ie new blade(10GH/S, which can not be overcloked), mini blade(5GH/S) and usb miner.

Pricing, availability, etc?

It is sured that the price will be lower than 1st generation product and the size will be smaller.There is no more information about price.
More details may be release by friedcat himself. I am just a man attend the salon.

erschiessen

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Quote from: innovation on June 30, 2013, 12:14:54 PM

Quote from: Foofighter on June 30, 2013, 11:58:47 AM

looks like a bundle of 5 Blades?

V 2.0?

It is not new products.
acisminer has 3 new products, ie new blade(10GH/S, which can not be overcloked), mini blade(5GH/S) and usb miner.

Pricing, availability, etc?

innovation

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Activity: 280

Merit: 250

Quote from: Foofighter on June 30, 2013, 11:58:47 AM

looks like a bundle of 5 Blades?

V 2.0?

It is not new products.
acisminer has 3 new products, ie new blade(10GH/S, which can not be overcloked), mini blade(5GH/S) and usb miner.

iANDROID

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Swiss Money all around me!

Quote from: Foofighter on June 30, 2013, 11:58:47 AM

looks like a bundle of 5 Blades?

V 2.0?

Foofighter

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BTC Mining Hardware, Trading and more

looks like a bundle of 5 Blades?

innovation

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Quote from: peetah on June 30, 2013, 08:39:49 AM

不是，我是转发的，有更多信息或照片欢迎分享

Also please use English if you want to contribute! If not... then I guess I'll have to translate?

The top two pictures is taken from my weibo in Chinese http://weibo.com/ILoveBTC2013.
I attend the salon in Shanghai.

Tomsin , http://t.qq.com/tomsintung
laomo-BTC123.com ),
xiaoxiong-Caoxg
神鱼bter- f2pool.com
rockxie http://weibo.com/rockxie

express their thanking about bitcoin.

peetah

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Quote from: romerun on June 30, 2013, 11:22:40 AM

Are these internet aliases, or they are common names for Chinese ?

Aliases. I'm only bothering with the more influential names. In case I miss another fried cat translation.

romerun

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Bitcoin is new, makes sense to hodl.

Are these internet aliases, or they are common names for Chinese ?

peetah

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Courtesy of 小雪, i.e. little snow forwarding twitter from @葛鑫的传媒.

This is a snippet of Shanghai conference. Expect more to come.

peetah

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My bad... totally forgot about their login requirement. Here are the pics.

Free Image Hosting by imgbox.com

peetah

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Sneak peak.
http://bbs.btcman.com/forum.php?mod=viewthread&tid=4447&extra=page%3D1&mobile=2

And no I don't know what that incredible looking device but I'm just as desperate as you to find out. Except it's midnight over here.

Lohoris

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Bitgoblin

Quote from: Bicknellski on June 30, 2013, 04:20:30 AM

Also a friendly reminder there is a massive target on the back of Asicminer for any government(s) that wish to take a bite out of bitcoin, especially in china where bitcoin is illegal

FUD, lol.

Foofighter

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thanks for the infos here to OP!

Bitcoinorama

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Quote from: Bitcoinorama on June 30, 2013, 03:36:31 AM

Quote from: Gomeler on June 29, 2013, 12:13:59 PM

Quote from: Bitcoinorama on June 30, 2013, 03:36:31 AM

Asicminer announces 800 to 1000T for second half of year finally reaching 1P of hash rate. They also announced the development of a lower nm (maybe 55 or 65) which maybe announced over the next week.

The speakers started with Tencent representative laying the basics for bitcoin. Btc123 forum followed up with in depth explanation on blockchain. Asicminer then took the stage on their share price history. Whole event took about five or six hours.

More news coming in...

Ermm..... so they're going to take the entire network? Even with everyone shipped, that's on a scale like we've never seen and will kill all mining.

It is ASICMINER.. they will likely in total produce 1 PH/s of hardware and sell sufficient quantities so as to not risk the chances of a 51% attack.

Yes at prices no one would realistically consider, that in effect equal the total sum of Bitcoins earned for such device over the perceived duration of usage to line the pockets of ASICminer, whilst ensuring they minimise any competition from the products they sell. Sweet deal!

How very Microsoft / Sun Micro Systems of them or Monsanto... take your pick.

+1

peetah

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不是，我是转发的，有更多信息或照片欢迎分享

Also please use English if you want to contribute! If not... then I guess I'll have to translate?

bigyear

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Po主是张路吧。。。看了你的weibo Cheesy

Bicknellski

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Quote from: Gomeler on June 29, 2013, 12:13:59 PM

Quote from: Gomeler on June 29, 2013, 12:13:59 PM

Asicminer announces 800 to 1000T for second half of year finally reaching 1P of hash rate. They also announced the development of a lower nm (maybe 55 or 65) which maybe announced over the next week.

The speakers started with Tencent representative laying the basics for bitcoin. Btc123 forum followed up with in depth explanation on blockchain. Asicminer then took the stage on their share price history. Whole event took about five or six hours.

More news coming in...

Ermm..... so they're going to take the entire network? Even with everyone shipped, that's on a scale like we've never seen and will kill all mining.

It is ASICMINER.. they will likely in total produce 1 PH/s of hardware and sell sufficient quantities so as to not risk the chances of a 51% attack.

Yes at prices no one would realistically consider, that in effect equal the total sum of Bitcoins earned for such device over the perceived duration of usage to line the pockets of ASICminer, whilst ensuring they minimise any competition from the products they sell. Sweet deal!

How very Microsoft / Sun Micro Systems of them or Monsanto... take your pick.

Bitcoinorama

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Quote from: mrb on June 30, 2013, 01:28:56 AM

Asicminer announces 800 to 1000T for second half of year finally reaching 1P of hash rate. They also announced the development of a lower nm (maybe 55 or 65) which maybe announced over the next week.

The speakers started with Tencent representative laying the basics for bitcoin. Btc123 forum followed up with in depth explanation on blockchain. Asicminer then took the stage on their share price history. Whole event took about five or six hours.

More news coming in...

Ermm..... so they're going to take the entire network? Even with everyone shipped, that's on a scale like we've never seen and will kill all mining.

It is ASICMINER.. they will likely in total produce 1 PH/s of hardware and sell sufficient quantities so as to not risk the chances of a 51% attack.

Yes at prices no one would realistically consider, that in effect equal the total sum of Bitcoins earned for such device over the perceived duration of usage to line the pockets of ASICminer, whilst ensuring they minimise any competition from the products they sell. Sweet deal!

dan99

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especially in china where bitcoin is illegal

Bitcoin is not illegal in China. At worst, it is in a grey area of the law.

is not if it is legal or illegal, they can come anytime, do you think they need a search warrant? unpredictable unless
you know the communists officials very well, but over there is based on hierarchy. so it comes to know who you know.

May be Friedcat can help promote the liquidity and usefulness of bitcoin in creating massive e-commerce websites in china
or promote them widely so that they are popular in China as a medium of exchange.

mrb

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Quote from: ecliptic on June 30, 2013, 12:22:45 AM

especially in china where bitcoin is illegal

Bitcoin is not illegal in China. At worst, it is in a grey area of the law.

TsuyokuNaritai

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Reminder to anyone thinking of investing in anything you don't PHYSICALLY OWN

http://www.investopedia.com/terms/c/counterpartyrisk.asp

Indeed. The pass-through operators are generally highly trusted, but anyone concerned about this should buy direct shares in the auction section, using escrow.

Quote from: ThickAsThieves on June 13, 2013, 03:28:09 AM

Also a friendly reminder there is a massive target on the back of Asicminer for any government(s) that wish to take a bite out of bitcoin, especially in china where bitcoin is illegal

OFFICIAL RESPONSE FROM FRIEDCAT

2. Cryptocurrencies or mining of virtual currencies are OK. Exchanging them for fiat is less OK but the legal risk is mostly on the exchange operators' side. However as everyone knows, the policy in China is never predictable so there is indeed risks in the future. We have been considering and coping with this uncertainty from the day our chips passed the test and are on the start of building offshore company structures.

Edit: Bitcoin has also been given fairly positive coverage on Chinese state TV:
https://bitcointalksearch.org/topic/2013-05-03-bitcoin-on-china-central-television-194937
http://www.forexminute.com/bitcoin/china-loves-bitcoins-7723

eve

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ecliptic

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Also a friendly reminder there is a massive target on the back of Asicminer for any government(s) that wish to take a bite out of bitcoin, especially in china where bitcoin is illegal

ecliptic

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Reminder to anyone thinking of investing in anything you don't PHYSICALLY OWN

http://www.investopedia.com/terms/c/counterpartyrisk.asp

TsuyokuNaritai

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Quote from: Loredo on June 29, 2013, 08:54:14 PM

From a game theory standpoint, one could say that what ASICMiner is saying is:

"Look, we have hegenomy in bitcoin. We will extract a tax of X% (currently around 25%) of the bitcoins generated. We have the technological power -currently- to defend that tax up to around a total network hash rate of 4 PetaHash. We have and continue to pay much of that out to our shareholders.

It is in our interest to keep mining competitive, beyond our established position. If current potential providers of technology fail to provide the products in a timely fashion, we will provide products at a cost that the market can accept, but which will provide users with a rate of return that will not be better than that available to our shareholders."

There is a line from an old Robin Williams movie, Club Paradise, spoken after he secretly sees the plans for his island by powerful interests seeking control:

"We've seen the future, Spunky, and we ain't in it."

We welcome newcomers if you'd care to join us.

https://btct.co/security/ASICMINER-PT
https://bitfunder.com/asset/G.ASICMINER-PT

You might want to hurry though before the next dividend, there's a rush expected, and that's not even taking into account interest from the conference or current bitcoin media coverage.

romerun

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Bitcoin is new, makes sense to hodl.

nevermind I've found his photo on upon google

peetah

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Regarding fried cat photos:

No 烤猫 (literally translates to 'fried cat')was not there. 小强 (literally translates to 'little strong') the representative of asicminer China side (equally reknown over there) was there to give his speech on behalf of asicminer.

peetah

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Quote from: mrb on June 29, 2013, 08:15:45 PM

Thanks for this info peetah. Were you present at 1 of the 2 press events? Or are you reading about it online?

Nothing available online yet. I believe the major forum platforms are being coordinated with the media for a better impact, so maybe some prep work still needs to be done.

I'm fetching info from Weibo (read: twitter) and QQ groups (read: group chat) as well as over the phone by attendees (read: most unbiased source). I'll try to link up coverage when it becomes available.

Loredo

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From a game theory standpoint, one could say that what ASICMiner is saying is:

"Look, we have hegenomy in bitcoin. We will extract a tax of X% (currently around 25%) of the bitcoins generated. We have the technological power -currently- to defend that tax up to around a total network hash rate of 4 PetaHash. We have and continue to pay much of that out to our shareholders.

It is in our interest to keep mining competitive, beyond our established position. If current potential providers of technology fail to provide the products in a timely fashion, we will provide products at a cost that the market can accept, but which will provide users with a rate of return that will not be better than that available to our shareholders."

There is a line from an old Robin Williams movie, Club Paradise, spoken after he secretly sees the plans for his island by powerful interests seeking control:

"We've seen the future, Spunky, and we ain't in it."

mrb

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Thanks for this info peetah. Were you present at 1 of the 2 press events? Or are you reading about it online?

eve

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Quote from: peetah on June 29, 2013, 07:26:41 PM

Just some speculation... I find it incredibly odd that two conferences were held at the same day at two different cities. I can't help but suspect that this is how it went down: asicminer had the whole event planned ahead of time. But once they found out somebody was trying to steal the limelight from them with some push for pre ordering vaporware, they got pissed off. It's like a direct challenge to their undisputed no.1 hashing power in the world.

And so, they reached into their deep R&D pockets to pull out a pcb board design from Avalon chips and slipped it into the show. People who get the hint will understand that while others are taking money for vaporware, asicminer already have a finished product that they aren't even bothered to sell yet.

Wouldn't be surprising... where else will they get 1P hash rate without factoring some contribution from Avalon chips? Who else would be faster at successfully developing clone asic machines from chips? They probably had a batch 1 reverse engineered ahead of time too.

Great they already Reverse Engineer Avalon Asic Chip.

peetah

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It's only a hundred to two hundred headcount event. I think the main target was the press, so announcement to the relevant editors was probably made, which allowed the public to catch on later... chips are Avalon chips... not sure why the mining pool didn't demo mining with asicminer blades though, that would have made more sense. Perhaps the pool is geared towards Avalon miner performance?

tidus_13

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Quote from: peetah on June 29, 2013, 10:09:34 AM

Interesting thing to note that two of the pcb boards are completely made from Avalon chips named Beehive.

what does this mean? the PCBs are made from one company to avalon and asicminer? or the chips are the same? - -

tidus_13

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They even didn't annonce the day of conference? It was like a random conference?

peetah

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Just some speculation... I find it incredibly odd that two conferences were held at the same day at two different cities. I can't help but suspect that this is how it went down: asicminer had the whole event planned ahead of time. But once they found out somebody was trying to steal the limelight from them with some push for pre ordering vaporware, they got pissed off. It's like a direct challenge to their undisputed no.1 hashing power in the world.

And so, they reached into their deep R&D pockets to pull out a pcb board design from Avalon chips and slipped it into the show. People who get the hint will understand that while others are taking money for vaporware, asicminer already have a finished product that they aren't even bothered to sell yet.

Wouldn't be surprising... where else will they get 1P hash rate without factoring some contribution from Avalon chips? Who else would be faster at successfully developing clone asic machines from chips? They probably had a batch 1 reverse engineered ahead of time too.

romerun

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Bitcoin is new, makes sense to hodl.

any friedcat photos ?

peetah

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Free Image Hosting by imgbox.com

peetah

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Addendum, the vice Dean was also professor of finance.

Some pics of the Beijing conference to come from twitter accounts, but they're not to good, please bear with me until I get more pics.

peetah

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Urgh.... just got up from five hours sleep...

Beijing was populated with more distinguished speakers. There was an analysis from a vice-dean from the RenMinDaxue university (read: Ivy League ) on the economics of bitcoin. He was to the analysis of the 'hoarding will kill bitcoin'. Then there was an Australian Bitcoin market site showcasing, asicme explaining their hardware.

Specific to this custom hardware forum is asicme which is another Avalon clone company. I believe it's the fourth or fifth of such companies that have propped up recently, except this one is selling pre-orders / vaporware and the others have taken a mainly chips to board, chips to machine service, pricing in renminbi.

Regardless of whether this is a push for pre order money, this is an interesting development as it is the first event marketing approach for asic. (oddly Avalon has yet to do event marketing, but that's cos they don't need it). If this picks up, we might get a lot more event marketing on hardware on this side. With five competitors in the market, I can only foresee a pricewar based on volume...

Gomeler

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Asicminer announces 800 to 1000T for second half of year finally reaching 1P of hash rate. They also announced the development of a lower nm (maybe 55 or 65) which maybe announced over the next week.

The speakers started with Tencent representative laying the basics for bitcoin. Btc123 forum followed up with in depth explanation on blockchain. Asicminer then took the stage on their share price history. Whole event took about five or six hours.

More news coming in...

Ermm..... so they're going to take the entire network? Even with everyone shipped, that's on a scale like we've never seen and will kill all mining.

It is ASICMINER.. they will likely in total produce 1 PH/s of hardware and sell sufficient quantities so as to not risk the chances of a 51% attack.

dan99

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Activity: 406

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Asicminer announces 800 to 1000T for second half of year finally reaching 1P of hash rate. They also announced the development of a lower nm (maybe 55 or 65) which maybe announced over the next week.

The speakers started with Tencent representative laying the basics for bitcoin. Btc123 forum followed up with in depth explanation on blockchain. Asicminer then took the stage on their share price history. Whole event took about five or six hours.

More news coming in...

Ermm..... so they're going to take the entire network? Even with everyone shipped, that's on a scale like we've never seen and will kill all mining.

So How Buy Bitcoin when is low and sell them when is high? Grin

dogie

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