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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918596 times)
aahzmundus
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March 07, 2014, 06:45:43 PM
 #17621

When are the Gen3 Asicminer products will be release, and where do I get more info on it?  Smiley

should be released soon enough and you have 907 pages on this topic to read up for more infos Wink


I wonder how many weeks going take to read of all of 97 pages.  Cheesy

Takes quite a while, I am working on just that now for a project.  Mostly takes a while when a different thread (about a specific product or issue) takes you away from this topic for a long time and then you come back having spend several hours to get through the content in one post.

necro_nemesis
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March 07, 2014, 06:46:50 PM
 #17622

It'd be scarier to read all 907 pages of this thread ^^
(Cough I think I did at one time or another lol)

Hence the reason for "senior member" status. The rest of us just ask questions, get flamed for being a newb and hopefully gain something useful in the process.  Grin

Forum etiquette. Got to love it. Wink
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March 07, 2014, 06:58:52 PM
 #17623

Pro tip: just start with FC's last 50posts
necro_nemesis
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March 07, 2014, 07:14:43 PM
 #17624

Pro tip: just start with FC's last 50posts

'Ere ya go.

https://asktom.cf/index.php?action=profile;u=49840;sa=showPosts
Pcpoet
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March 07, 2014, 07:22:04 PM
 #17625


Thankyou that really helped alot.  Smiley

“Yabba Dabba Doo!!”- Fred Flintstone
notme
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March 08, 2014, 12:11:03 AM
 #17626

I think there is going to be 30-40% increases in difficulty in the coming months.  The 3-4% increase right now a nice bonus before the storm.

Which 3-4% increase "right now"?
See the last two plots here http://bitcoin.sipa.be/
The daily growth rate has been steadily falling since November last year. It really looks like the explosion in network difficulty is seriously slowing down.
Not so long ago we were speculating the total network hashrate could quickly reach 1000PH/s. Now we're at 30PH/s and even 100PH/s seem far off.

Friedcat indicated in the "Chinese girl interview" that he would deploy/sell at least a few hundred PH/s.

So: What percentage of total bitcoin hashrate will be using AM's chips within 12 months?
More than 50% does not seem unreasonable.
Assuming selling chip ROI >= mining ROI (else FC should't be selling chips) then 50% of total hashrate = 650,000 coins = more than 1 Btc per share

The problem with that assumption is that mining ROI varies from location to location.  In China, it may be the case that fast, stable internet and large amounts of clean power are expensive.  And by clean, I don't mean environmentally friendly, I mean stable voltage and current.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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March 08, 2014, 12:32:26 AM
 #17627

ASICMINER: Entering the Future of DERP Derping by Derping It


Asicminer was so summer '13.
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Unlimited Free Crypto


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March 08, 2014, 12:39:52 AM
 #17628

ASICMINER: Entering the Future of DERP Derping by Derping It


Asicminer was so summer '13.

Doesnt hurt to ride the next bubble. Wink. Also ASICMINER has the best track record so far. I am very excited for gen3. I am gonna trade and resell their product.

P.s I am secretly a cat worshipper, oh almighty fried one!

Will take me a while to climb up again, But where is a will, there is a way...
aahzmundus
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March 08, 2014, 12:45:57 AM
 #17629

P.s I am secretly a cat worshipper, oh almighty fried one!

Are you really?  I have one of the ~9 shirts that were made, I think that puts me in an exclusive FC club!

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March 08, 2014, 12:47:10 AM
 #17630

P.s I am secretly a cat worshipper, oh almighty fried one!

Are you really?  I have one of the ~9 shirts that were made, I think that puts me in an exclusive FC club!

Were there only 9? I have two of them.

Unless we're talking about something else...
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March 08, 2014, 12:56:54 AM
 #17631

P.s I am secretly a cat worshipper, oh almighty fried one!

Are you really?  I have one of the ~9 shirts that were made, I think that puts me in an exclusive FC club!

I am also guilty of owning one of the 9 shirt run.  However, I've gained an insane amount of weight since then so it would take a minor act of god, or a really good surgeon to ever wear it again.

That is of course unless I wanted to look like this guy...
necro_nemesis
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March 08, 2014, 12:58:29 AM
 #17632

9 shirts for 9 lives? I prefer dogs. At least they pretend to listen. If I see an announcement soon. I'll listen.
michaelGedi
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March 08, 2014, 01:00:30 AM
 #17633

P.s I am secretly a cat worshipper, oh almighty fried one!

Are you really?  I have one of the ~9 shirts that were made, I think that puts me in an exclusive FC club!

I am also guilty of owning one of the 9 shirt run.  However, I've gained an insane amount of weight since then so it would take a minor act of god, or a really good surgeon to ever wear it again.

That is of course unless I wanted to look like this guy...



In that case, can I buy it from you?

the spate of recent dorian nakamoto inspired memes got me excited to get on the bandwagon. I quite like the quirky originality of a cat in a frying pan on my chest... a geeky fashion statement that pretty much no one will get - perfect.

maybe I'll just make my own... hmmm

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March 08, 2014, 04:20:14 AM
 #17634

When are the Gen3 Asicminer products will be release, and where do I get more info on it?  Smiley

according to my source:

Manufactures will get sample chips later this month.

If everything goes well, mass production will be in May.
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March 08, 2014, 04:23:33 AM
 #17635

Just for the reference, there is also a dedicated gen 3 thread with a lot of details:

https://asktom.cf/index.php?topic=438359.msg4816701#msg4816701

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March 08, 2014, 06:39:00 AM
 #17636

When are the Gen3 Asicminer products will be release, and where do I get more info on it?  Smiley

should be released soon enough and you have 907 pages on this topic to read up for more infos Wink


I wonder how many weeks going take to read of all of 97 pages.  Cheesy

It'd be scarier to read all 907 pages of this thread ^^
(Cough I think I did at one time or another lol)

I have, more or less, but I've been here since the beginning. Tongue


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March 08, 2014, 08:37:04 AM
 #17637

according to my source:

Manufactures will get sample chips later this month.

If everything goes well, mass production will be in May.

MAY ?! omg ... delayed again Roll Eyes we were told multiple times that "everything is still on track, mass delivery in March" from board, from pumpkin, this is info from 1 month ago, 2 weeks ago and last week ! Now another 2 months delay for Christ's sake  Huh unbelievable ... really unbelievable ...

... Question Everything, Believe Nothing ...
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March 08, 2014, 09:12:54 AM
 #17638

according to my source:

Manufactures will get sample chips later this month.

If everything goes well, mass production will be in May.

MAY ?! omg ... delayed again Roll Eyes we were told multiple times that "everything is still on track, mass delivery in March" from board, from pumpkin, this is info from 1 month ago, 2 weeks ago and last week ! Now another 2 months delay for Christ's sake  Huh unbelievable ... really unbelievable ...

Calm down.... who are these sources?  We should have an update from friedcat any day.
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March 08, 2014, 12:19:19 PM
Last edit: March 08, 2014, 01:09:12 PM by necro_nemesis
 #17639



Calm down.... who are these sources?

+1

Hardly a panic.

Friedcat makes strategic moves not tactical ones. From all my readings he isn't chasing his tail like most of the other ASIC makers to pedal a few sub par chips before they go broke. ASIC's will come out when they will achieve their aim IMHO and that's when they are optimized in cost and performance while being produced and deployed in sufficient numbers to achieve a clear advantage.

Speculation is going to run wild. Stick to references from credible sources. One who is quoted, is known to have knowledge and would protest to being misrepresented. The rest is just noise.
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March 09, 2014, 12:22:02 AM
 #17640

Has there been any actual information since FC's last post on the forums?
I don't get the increase in share price. It's as if it was driven by the lack of news and information.

It seems to me like we're all here sitting blind while a select few get access to information and can profit from it. That's not a market I want to be a part of, and that's before getting into whether or not current share price is justified even if AM does deliver and on time.

Synereo: liberating the Internet from abusive business models.

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