What is our current estimate of how many chips have been sold, in total?
Everything is sold. All chips from April 8.5 Ph/s batch and maybe part of 33.5 Ph/s May batch too. IIRC Friedcat/Jutarul mentioned, that clients for first months(!) of production are fully covered, and this announcement was months ago, even before tape-out. Expect the flood by the end of month. The dividend schedule will be aggressive, as AM will not require large sums of retained capital. The rationale is that AM doesn't need to invest large sums into infrastructure and that the majority of chip production costs will be covered by the business partners on a contract schedule. The new round of dividends are scheduled to begin as soon as the first large purchases have concluded and should precede or coincide with the publication of the updated financial statements.
1) When can we expect the financial report that's supposed to coincide with the next round of dividends?
re
1) May 27.
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Based on this post, the ASICMiner Gen3 chips are around 1W/GH, which is nothing special. The pricing is barely competitive with current Bitmain, Coincraft clone, and Spondoolies-Tech offerings. If this is what current shareholders were banking on to lift the share price, I think you better take off the rose colored glasses and think again.
That's not for the chip, that's for the whole miner. The miner isn't an AM product, only the chips are and if people are making miners, they've already bought the chips. Imo AM just has "bullet proof" working average chips... but in mass quantity! ^^ very average, considering other options on the market. dont mean to offend FC but chineese dont aim top notch handcrafted quality. they aim quantity. and thats perfectly fine imho ... yeah but more w/GH than any other manufacturer is a quantity which just won't sell.  so where is that imaginary "quantity" ? Because I don't see any divs  |
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From the Rockminer thread: Batch produced will be done after 10 days,which is about thousands units,then can be shipped out.Current price is around $90,but it will be adjusted then,so we dont accept preorder now.
Bades will be TGH/S in June,if everything works good.
If the whole miner is $90, each chip is ? Probably can calculate approximate chip sales from these numbers Effective Hash Rate: 30~40GH/S > 0.99$/Gh/s at the best > 1000 units = 40 000$ for ASICminer, and 90 000$ for RockMiner(100% margin) > 40 000/400 000 shares = 0.1$ div per share from RM batch 1 but they received 23 000 chips, so 230 000$ from this order is more accurate, so about 50cents/share |
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So RockMiner and Hashratio received moderate to huge amounts of gen3 chips, maybe many others. Seems like finally we get rid of sample chips round and Friedcat is distributing/selling 850k batch1, hmmm
EDIT : also that "Hardware Errors : 0" with only air cooling used on RM pic is impressive
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Heh.. we are in for a surprise  So ASICminer took out last 25BTC from mining wallet without any explanation, and you guys call it "actually good news" ? Yeah, Bitcoinland  Personally I am in, because I stuck here 1 year ago. |
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How can dividends not exist if ASICMiner had cooling farms running in China?
Right? And if Friedcat has chips in hand for 5 weeks+ ? What is he doing again ? So he ordered 850k chips for April ... is May, where are they ? First of all, where does it say he has them on his hand for 5 weeks? Second, they are in the the hand of the packaging factory and the board designers. Wafers are just that, wafers. They need to be cut into dies, then packaged, then tested, and all that. And of course he is also taking his well deserved nap. Just as any good cat would, at this time of the day. No matter in China or otherwise. Hope that helps. Here. Update
The chips passed the functionality tests.
This post is 5 weeks old. Chips were tested 5 weeks ago. Read more carefully. He was "napping" past 12+ months, no time for nap now ffs. |
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How can dividends not exist if ASICMiner had cooling farms running in China?
Right? And if Friedcat has chips in hand for 5 weeks+ ? What is he doing again ? So he ordered 850k chips for April ... is May, where are they ? |
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It seems that Spondoolies-Tech's chip is better than AM 3-generation ship on power consumption, but it's more expensive than AM.
It seems like Spondoolies is actually selling products while ASICminer is only telling stories. |
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Why is this thread getting shorter... what posts are getting removed... the fact that anything is getting removed is bothering me.
People are just deleting accounts, or content. Or getting banned. Its happening not only this thread, nothing to worry about. You know, Bitcoin is not just Magic Internet Money anymore, like 2 years ago. Some have fortune and are protecting privacy. |
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Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year." I saw that before in Bitcoinland and after past year nothing is able to surprise me anymore  |
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so another long month ... we hope and believe™ that it will be really one month after : tapeout date January 20thmass delivery in MarchThis month(april): 850k |
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And fc will come out with another generation of mining chips that will put all its competitors to shame as he has done so in the past. Haters will hate
Sure. Like with gen2 and gen3 and with his timing it will be *maybe* 2016 |
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To be honest I would be very concerned if FC was spending time on the forum at all. We all know that's not normal.
Sure. Because you all are thinking about excuses like "Friedcat is very busy", every single hour, every single day for past year I am afraid he's not busy at all. Seems to me that competition is working overtimes and our cat is sleeping. Now kill me believers. |
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Assuming 1$/GH at system level, that would mean that 50PH=50M$. With the current exchange rate and with the current market i simply don't think that will happen. Says the guy running a $5 million dollar group buy.. He's running PRE-ORDER group buy  |
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Also, I don't see anything about our leasing/outsourcing of hashing anymore. Has this project failed?
4) When are the new chips expected to start mining in ASICMiner datacenters and what hashrate are you currently planning on deploying?
re 4) May-June for air cooling and June-July for immersion cooling. They are only capable of 3PH. Most should go franchising or as chips for other vendors' OEM products.
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I guess I want to know if there are any plans with Allied Control to bundle products.
Really just some clarification on the second part of the question.
How does ASICMiner/shareholders profit from it?
I'm going to try ELI5 it for you : Profit for ASICminer shareholders, will be when Allied Control will be selling complete product (bundle) plug-and-play mining container already filled with AM chips. Because, IF Allied Control wants to build such a ready-to-hash product solution, they must first buy chips from chip manufacturer (most likely ASICminer). So we will see profit from this, *only* from selling chips to them. In this case please note that they are not obligated for buying chips from us, they will go with anyone who will be able to provide them better competitive price. Is this clear now? Anyway, Jutarul for president ! |
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Johnnie let me know, when you'll be there. Thank you
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