Which one, of all the mining bonds will be the first to pay ASIC rates?

friedcat

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Quote from: BurtW on July 21, 2012, 10:03:23 AM

Honestly, your command of English always impresses me.

Then my spoken English will probably disappoint you someday. Sad

Quote from: BurtW on July 21, 2012, 10:03:23 AM

Actually anyone totally fluent in two languages impresses me. You may not know this but "beat BFL to the punch" is just an expression that means "get yours done first".

I indeed didn't know. It is truer and truer to me that learning phrases takes a lifetime.

Quote from: BurtW on July 21, 2012, 10:03:23 AM

Historically BFL has been late on every one of their schedule predictions so I expect they will be late on this one. I am betting they may even be very late. Given that, you have a pretty good chance of being first to have a working ASIC.

If I reply to this then my whole reply is innocent (not hijacking the thread).

I'm not in the right position to comment our competitors, but we cannot rely on a small sample space of two events to make our plans and decisions, so we have to presume that there might be at least another brand of ASICs out in the network, or we will be over-optimistic.

BurtW

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Quote from: friedcat on July 21, 2012, 09:53:20 AM

Quote from: BurtW on July 21, 2012, 09:37:53 AM

That is exactly what I meant. They may beat BFL to the punch.

Don't boost us too much, or I will be under too much pressure. Cheesy

Seriously, we don't want to beat any one down. We just want to make our chips taped out nicely and work well.

Friedcat,

Honestly, your command of English always impresses me. Actually anyone totally fluent in two languages impresses me. You may not know this but "beat BFL to the punch" is just an expression that means "get yours done first".

Historically BFL has been late on every one of their schedule predictions so I expect they will be late on this one. I am betting they may even be very late. Given that, you have a pretty good chance of being first to have a working ASIC.

friedcat

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Quote from: BurtW on July 21, 2012, 09:37:53 AM

That is exactly what I meant. They may beat BFL to the punch.

Don't boost us too much, or I will be under too much pressure. Cheesy

Seriously, we don't want to beat any one down. We just want to make our chips taped out nicely and work well.

BurtW

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All paid signature campaigns should be banned.

Quote from: Bitcoin Oz on July 21, 2012, 03:20:23 AM

Quote from: BurtW on July 20, 2012, 09:40:04 PM

I am betting that MOORE has ASICs before anyone else. We shall see.

Better than that they might have their own ASIC's rather than bfl

That is exactly what I meant. They may beat BFL to the punch.

Francesco

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Quote from: exahash on July 21, 2012, 08:10:26 AM

Quote from: Francesco on July 21, 2012, 06:28:12 AM

What about UDN (UnderDog Network - https://glbse.com/asset/view/UDN)?

There are offering insane returns already (with FPGA, waiting for upgrade), but does anyone know how much they can be trusted? Seems just too good to be true.

I've been waiting for a thread to show up about UDN for weeks. Is there some other forum where people discuss glbse assets? I see UDN has their own forum, but there are precious few posts.

Exactly. As panic sell continues, I started a topic myself https://bitcointalksearch.org/topic/glbse-udn-underdog-network-any-info-unofficial-94480, hoping to get some response.

exahash

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Quote from: Francesco on July 21, 2012, 06:28:12 AM

What about UDN (UnderDog Network - https://glbse.com/asset/view/UDN)?

There are offering insane returns already (with FPGA, waiting for upgrade), but does anyone know how much they can be trusted? Seems just too good to be true.

I've been waiting for a thread to show up about UDN for weeks. Is there some other forum where people discuss glbse assets? I see UDN has their own forum, but there are precious few posts.

Francesco

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What about UDN (UnderDog Network - https://glbse.com/asset/view/UDN)?

There are offering insane returns already (with FPGA, waiting for upgrade), but does anyone know how much they can be trusted? Seems just too good to be true.

Bitcoin Oz

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Wat

Quote from: BurtW on July 20, 2012, 09:40:04 PM

I am betting that MOORE has ASICs before anyone else. We shall see.

Better than that they might have their own ASIC's rather than bfl

BurtW

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I am betting that MOORE has ASICs before anyone else. We shall see.

cuz0882

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Quote from: OgNasty on July 20, 2012, 09:03:43 PM

Quote from: cuz0882 on July 20, 2012, 08:47:16 PM

Quote from: OgNasty on July 20, 2012, 08:30:48 PM

Quote from: anddy78 on July 20, 2012, 08:18:26 PM

Nasty pays some weekly dividends right now?

Tomorrow will be our first dividend payment. Weekly dividend payments to follow. I'd also like to add that in addition to being the first in line for ASICs, we are also the only mining company (I'm aware of) using GPUMAX to maximize PPS.

I use gpumax and bonus pool. Your most likely in the first wave, along with a lot of other people. Claiming to be the first in line is ridiculous.

I only claim to be first in line for SCs because Bit-Pay confirmed it. I won't speculate on Butterfly Labs' manufacturing/shipping process because I honestly have no idea.

Yes, you were the first to order with the new order form. No telling how many people requested order changes prior to that. Knowing butterfly they will probably ship out the mini rigs first and screw us all.

OgNasty

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Quote from: cuz0882 on July 20, 2012, 08:47:16 PM

Quote from: OgNasty on July 20, 2012, 08:30:48 PM

Quote from: anddy78 on July 20, 2012, 08:18:26 PM

Nasty pays some weekly dividends right now?

Tomorrow will be our first dividend payment. Weekly dividend payments to follow. I'd also like to add that in addition to being the first in line for ASICs, we are also the only mining company (I'm aware of) using GPUMAX to maximize PPS.

I use gpumax and bonus pool. Your most likely in the first wave, along with a lot of other people. Claiming to be the first in line is ridiculous.

I only claim to be first in line for SCs because Bit-Pay confirmed it. I won't speculate on Butterfly Labs' manufacturing/shipping process because I honestly have no idea.

cuz0882

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Quote from: OgNasty on July 20, 2012, 08:30:48 PM

Quote from: anddy78 on July 20, 2012, 08:18:26 PM

Nasty pays some weekly dividends right now?

Tomorrow will be our first dividend payment. Weekly dividend payments to follow. I'd also like to add that in addition to being the first in line for ASICs, we are also the only mining company (I'm aware of) using GPUMAX to maximize PPS.

I use gpumax and bonus pool. Your most likely in the first wave, along with a lot of other people. Claiming to be the first in line is ridiculous.

anddy78

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I like the HYDRO.BONDS price and mh/btc, but there is a line that worry me

Quote from: cuz0882 on June 04, 2012, 08:49:22 AM

Once I upgrade the units and cover any losses from trading in old singles for 'SC' Singles.

How much time would take this?

Quote from: OgNasty on July 20, 2012, 08:30:48 PM

Quote from: anddy78 on July 20, 2012, 08:18:26 PM

Nasty pays some weekly dividends right now?

Tomorrow will be our first dividend payment. Weekly dividend payments to follow. I'd also like to add that in addition to being the first in line for ASICs, we are also the only mining company (I'm aware of) using GPUMAX to maximize PPS.

Good to know.

A thing that I really wants to do it's to be in ASIC rate before the difficulty skyrocket, I estimate I could reach 5Ghs after the ASIC upgrade, and I want to take that little advantage of 1 or 2 weeks and reinvest...

OgNasty

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Quote from: anddy78 on July 20, 2012, 08:18:26 PM

Nasty pays some weekly dividends right now?

Tomorrow will be our first dividend payment. Weekly dividend payments to follow. I'd also like to add that in addition to being the first in line for ASICs, we are also the only mining company (I'm aware of) using GPUMAX to maximize PPS.

cuz0882

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Nasty only ordered from the website first. A lot of people like myself, requested orders be switched to ASIC before then. It's impossible to know who will receive their order first. The number of orders in the first wave will be the main factor. If someone is deciding what bonds to purchase, they should factor in what the bond is currently paying. Bonds like Nasty are charging high prices and not even currently paying out. I'm charging less then half per mh on HYDRO.BONDS. I'm trying to charge no more then 15% for maintaining the equipment.

anddy78

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Quote from: OgNasty on July 20, 2012, 08:07:42 PM

Always bet on me.

Would you send some free samples? Grin

Nasty pays some weekly dividends right now?

OgNasty

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Always bet on me.

Bitcoin Oz

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Wat

Quote from: anddy78 on July 20, 2012, 07:20:12 PM

Quote from: Bitcoin Oz on July 20, 2012, 07:14:10 PM

My bet is:

That would be a good gamble...

Og Nasty and Garr were the first to order units. Whether they get the delivered first is the question.

anddy78

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Quote from: Bitcoin Oz on July 20, 2012, 07:14:10 PM

My bet is:

That would be a good gamble...

Bitcoin Oz

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Wat

My bet is NASTY or COGNITIVE

MOORE is already adjusting towards ASIC adoption

anddy78

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Thats a interesting POV, because, as I understand, in a co-owned mining company all the purchased equipment is property of the share owners. So a honest trader must update and pay ASIC rates as soon as the equipment go online.
I think, once the ASIC reach the streets, would be a week or two with high profits, once that period ends, and the difficulty rises, the profit will be -normal-
Right now I'm investing all my mining profits (1200Mh/s, 0.6BTC/day) in ~~bonds~~ shares, and will continue to do so until BFL ships the ASICS.
Once the difficulty rises to much to keep the gpu mining profitable I would shut down my gpu's miners, and I'm talking about less than 1BTC/week with current USD prices. Thats my plan to stay in.

silverbox

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Quote from: anddy78 on July 20, 2012, 06:37:47 PM

Hi, i'm a small gpu miner that starts to invest in GLBSE bonds because I can't afford the price and risk of buying a BFL ASIC, so I came with that single and speculative question.
Also, which will be the strategy on release the asics rates, they (or you) will mine for themselves until the difficulty rises, and later start to convert the bonds?
Or, they (or you) will start to pay asics rates inmediatly the asics goes online?
Thanks for yours honests answers and opinions. I hope that your answer could help me in my investment.

Its likely that a mining company, not a mining bond will be the first to yield higher results, as there will be no adjustment period for a mining company to transistion the bonds.

anddy78

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Hi, i'm a small gpu miner that starts to invest in GLBSE bonds because I can't afford the price and risk of buying a BFL ASIC, so I came with that single and speculative question.
Also, which will be the strategy on release the asics rates, they (or you) will mine for themselves until the difficulty rises, and later start to convert the bonds?
Or, they (or you) will start to pay asics rates inmediatly the asics goes online?
Thanks for yours honests answers and opinions. I hope that your answer could help me in my investment.

Topic: Which one, of all the mining bonds will be the first to pay ASIC rates? (Read 2134 times)