Search content
Sort by

Showing 20 of 20 results by avabit
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
avabit
on 25/01/2014, 22:36:30 UTC
I actually prefer that friedcat doesn't post until he's sure about what he's going to say and that it's the right time to say it. Unlike butterfly labs, where "two weeks" became a running gag.
Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
avabit
on 21/01/2014, 01:49:01 UTC
If AM produces the most energy efficient chips (@0.2 watts/ghs) and outhashes everybody, how many Btcs will AM be able to theoretically mine in say one year?  Give me a min and a max.

(Until the next reward halving)
25 BTC per block
144 blocks per day
52560 blocks per year
1314000 BTC per year

If AM maintains an average of 10% of the hashrate:
131400 BTC mined by AM
0.3285 BTC per share


I'd say min would be 2.5%, max would be 25% so between 0.082125 BTC and 0.82125 BTC per share

And this doesn't count in hardware sales or anything like that
Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
avabit
on 04/01/2014, 10:42:59 UTC
or insider information trading  Roll Eyes

it's either insider trading or people just taking risky bets
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
avabit
on 03/01/2014, 12:24:42 UTC
Did I miss something?

1. Dividends are going lower because of Difficulty increase (-> Cointerra launch soon etc.)
2. No new statement from Friedcat
3. BTC price goes up
4. AM Share price goes up too ? (0.28 to 0.38@ Havelock] wtf? Grin



either somebody knows for sure the tapeout is on schedule or somebody is gonna lose a lot of money
Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
avabit
on 11/12/2013, 15:03:03 UTC
here's my div forecast:  Sad

probably around 0.0015
Post
Topic
Board Auctions
Re: ## 1320 ASICMINER DIRECT SHARES @0.29[btc] - 7 DAYS AUCTION - ESCROW POSSIBLE ##
by
avabit
on 24/11/2013, 23:16:38 UTC
50 @ 0.29
Post
Topic
Board Hardware
Re: YES, you can get a REFUND from BFL
by
avabit
on 04/08/2013, 15:45:50 UTC
Try just contacting them through the webform, if enough people complain, paypal will take notice
Post
Topic
Board Securities
Re: [BTCTC][[ASICMINER-PT]] - Public trading of ASICMINER shares
by
avabit
on 06/06/2013, 06:46:41 UTC
err.. status "FAILED" ?
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin now accepted by the HumbleBundle!
by
avabit
on 29/05/2013, 18:45:43 UTC
I didn't need to wait for any confirmations. I just sent the funds and clicked "confirm" and it sent me the keys.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
avabit
on 29/05/2013, 18:42:01 UTC
A similar situation occurred on btcguild where some pplns shifts were paid double. The way it was handled was to deduct the additional funds from the account.

From the site:
Quote
Additionally, there was a bug last night where some PPLNS shifts were paid double. This has been retroactively corrected. Accounts which received payouts during this time may currently be showing a negative account balance.

I think the bug that happened with btct could be handled roughly the same way.
Post
Topic
Board Securities
Re: [BTC-TC] TAT.ASICMINER New Micro-share Passthrough!
by
avabit
on 29/05/2013, 17:51:15 UTC
Would it be acceptable to give people a negative balance if they didn't have enough funds to return?
Post
Topic
Board Bitcoin Technical Support
Topic OP
Will this transaction forever be unconfirmed?
by
avabit
on 14/05/2013, 15:44:50 UTC
https://blockchain.info/tx/8e567e01ad16be8526d7091b8f2d31e1cc876e48a1930656d7a94fefed0ac837

I just noticed that one of the outputs was 0.000001 BTC

Will this mean it will be never included in a block due to the new 54 uBTC limit?

edit: nevermind!
Post
Topic
Board Electrum
Re: connecting problems
by
avabit
on 24/04/2013, 20:49:38 UTC
Hmm actually it's working for me now :0
Post
Topic
Board Electrum
Re: connecting problems
by
avabit
on 24/04/2013, 20:10:32 UTC
I also seem to be having issues connecting.
Post
Topic
Board Beginners & Help
Re: where will TX fees go once difficulty reaches 0?
by
avabit
on 24/04/2013, 20:08:03 UTC
The transaction fees wouldn't necessarily be higher, but likely more valuable as bitcoins become more adopted. The difficulty changes based on the hash rate of the network and adjusts to ensure that a block is mined roughly every 10 minutes.
Post
Topic
Board Beginners & Help
Re: Here here! Another noob!
by
avabit
on 24/04/2013, 20:02:56 UTC
derp
Post
Topic
Board Beginners & Help
Re: Introduce yourself :)
by
avabit
on 24/04/2013, 20:00:11 UTC
mega lurker...member for nearly 2 years and still classified as a newbie bahaha
Post
Topic
Board Beginners & Help
Re: Botnet woes
by
avabit
on 05/07/2011, 17:34:43 UTC
it looks like deepbit is also down D:
Post
Topic
Board Beginners & Help
Re: explaining the jump in hashrate?
by
avabit
on 23/06/2011, 10:22:58 UTC
http://bitcoinwatch.com/

hashrate is steadily increasing, no jumps...

Also the video card market "dried up"? Are you joking? Sure, maybe finding older cards like 5830 is not easy but it's plenty of GPUs here

well, between the 21st and 22nd there was a 2000GHash/s jump, but looking back small jumps happen a lot
Post
Topic
Board Beginners & Help
explaining the jump in hashrate?
by
avabit
on 23/06/2011, 09:36:26 UTC
been lurking around the forums for a while, finally decided to register XD

so people noticed a big increase in the hashrate a couple days ago, maybe this was the reason?

http://www.theaustralian.com.au/australian-it/abc-bitcoin-currency-case-sparks-business-security-fears/story-e6frgakx-1226080833651