log☇︎
1036808 entries in 0.813s
kakobrekla: most of the stuff is so technical even i barley understand
kakobrekla: true that
mircea_popescu: that;'s not too illuminating.
kakobrekla: but that in not that important with asic anyway
kakobrekla: and have the most respect for the man, i do belive he can beat the rest of the competition, but not by being the first on the market
kakobrekla: ill just say i have been on the line with him for some time now
kakobrekla: well, its complicated and im not sure if i am allowed to discuss it in public
mircea_popescu: aha. ty.
DeaDTerra: I know a guy that works for Satoshi dice not sure if he owns it though
kakobrekla: and he is not too excited over frieds solution
kakobrekla: i had a talk about asic today with fury
mircea_popescu: somebody made 1k btc off that dice site.
DeaDTerra: [2012-08-09 15:08:27] 蒋信予: 0.8$, with logistics, still less than 1$.
DeaDTerra: [2012-08-09 15:07:54] Anthony: and the peak margin cost of each chip is?
DeaDTerra: We are. We started our design in late June. We managed to pushe the hashrate of each chip from 180MH/s to 1GH/s within July.
mircea_popescu: for the 18.9mm2 i would guess
DeaDTerra: current specifics, and they are not yet fully optimized
kakobrekla: [14:28:29] bitfury.org: I even think that $1 for 1 Gh/s is overassumption if done in volumes.
kakobrekla: 21:37.24 ( DeaDTerraMobil ) they have managed to reach 2-4$ per ghash
DeaDTerra: anyone that wanted to get in on the ASICMINER action please pm me
DeaDTerraMobil: sure not sure if he's online. what's the time in China ?
DeaDTerraMobil: currently walking home front the train station
mircea_popescu: DeaDTerraMobil that'd be great, mind asking him to drop me a line here ?
DeaDTerraMobil: 4 min then I am home xD
Obsi: the more companies with ASIC miners available the better
DeaDTerraMobil: they have managed to reach 2-4$ per ghash
DeaDTerraMobil: they need the capital for further optimization and production
DeaDTerraMobil: high they Have the design already complete and a professional cpu designer on the team
Obsi: what do you think their chances are of mining by November?
DeaDTerraMobil: but I am not hired or anything like that. Just a dedicated investor
DeaDTerraMobil: on my own. I like the project and I want it to succeed hence I do my best to raise capital
DeaDTerraMobil: he gave nefario early access to the info for this project so I could give feedback on it
mircea_popescu: so basically you're an assign ? or just came up with the plan to pool people on your own ?
mircea_popescu: BTC-Mining i think you're mining for bitcoins wrongly. mining != log in log out irc :D
DeaDTerraMobil: I have worked a bit with him in thwarted past giving him my feedback about and such
mircea_popescu: DeaDTerraMobil what's your relation to friedcat ? seems it's a mu thing ?
DeaDTerraMobil: and two Chinese hardware designers/manufacturer
DeaDTerraMobil: I can once I am not on a smartphone makes it hard to type anything longer then a sentence
Obsi: they are making their own ASICs in china for october or nov delivery and will mine for themselves before selling to us. Share buyers get a cut of mining profits & help bring ASIC competitor to market
mircea_popescu: DeaDTerraMobil can you give me a short version of what's this about ?
DeaDTerraMobil: same for anyone else that wants to join in :-) help support a bfls competitor
Obsi: will do, thanks
DeaDTerraMobil: I am not at home aatm please contact me again in 20min when I have access to my spreadsheets xD
Obsi: whenever is convenient for you, do you take BTC direct or through GLBSE?
DeaDTerraMobil: though the purchase will be done tomorrow so contact me tomorrow morning at latest
Obsi: ok, I'll take 1,111
Obsi: you get extra shares actually but he was selling shares for 0.09 I think
mircea_popescu: o for the bfl thing
Obsi: you get a discount for large buy, he was bringing together small buys into one large one
usagi: There's a lot to chew through there, have you looked at it yet?
usagi: Oh hey BTC, any news on the interview?
usagi: When DT gets online he will probably xfer them
usagi: from what i can tell its done
usagi: Back to the drawing board.
usagi: (just trying out a new slogan, lemme know what you think~)
mircea_popescu: the way things are we'll end up with an argentine-type crisis. textbook example.
BTC-Mining: I wanted bitcoins to stagnate around 5 USD for much long, and maybe slowly go toward 6 USD
BTC-Mining: I was thinking so too
mircea_popescu: sudden price upswings tend to draw in speculators, sudden price drops tend to scare away merchants, neither of these is actually desirable
Ignatius-otc: given only that info it sounds like a good time to short
mircea_popescu: this is insanity, the market is 99% convinced the btc goes up up up.
mircea_popescu: god i need somebody to buy some puts.
mircea_popescu: all i have to say to you is http://www.youtube.com/watch?v=nzY2Qcu5i2A
rg: from teenage mutant ninja turtles movie
mircea_popescu: dude what teh hell is that!
mircea_popescu: are there any copywriters in btc yet ?
mircea_popescu: rg talk to BTC-Mining , he was doing some design for me earlier.
mircea_popescu: i still think art and finance go together.
mircea_popescu: why force a point, i think. im sure in a few years or w/e i can bring them back or do something better or anyway.
rg: maybe i can pay someone to do this
patrickharnett: I remember the contest - I should have got my daughter to enter - she did some excellent work through high school
rg: i need a few new graphics to
rg: do this for me ;<
mircea_popescu: i was going to change them monthly.
mircea_popescu: yeah tjhey got axed a minute ago. truth of the matter is, i had a contest forthem, people could make 5 btc each to draw them for me
rg: still needs the front page done
rg: i dont have the heart to finish it
patrickharnett: ah, I see that - they were there yesterday
rg: thts the new site
mircea_popescu: they had their day.
mircea_popescu: o. well they just got axed.
patrickharnett: The picks on the exchange website - the dragon and mermaid
patrickharnett: rg: are you after a trade history database?
mircea_popescu: ever since the clickbots got real stupid.
rg: i want to finish my nwe website
mircea_popescu: not just strictly that. so it might help. i dunno, i haven't done google ads in like 5 years
mircea_popescu: is that if you advertise on things like bitcoin vps you might get some close-ish queries
mircea_popescu: well rg don't quote me on this, but I think the way keywords work
mircea_popescu: even three word things work. secure bitcoin wallet
rg: not 'vps' or anything retarded light that
mircea_popescu: is that so bad ?
mircea_popescu: all i wanted was to help out teh starving artist :(
rg: sweet maybe people will take MPEX seriously now
rg: it should be like the current one
mircea_popescu: that you can get, but you have to describe it.
mircea_popescu: well yes. graph goes from min to max
mircea_popescu: i mean you have all that on the main page.
mircea_popescu: that wouldn't be too hard to do, but wouldn't it be redundant ?
rg: and then i make a more informed trade
rg: then i read the specifics beow it