More info on the salon meeting:

http://www.iasicminer.com/index.php/action-viewnews-itemid-22

-dmc

I could be wrong, but I suspect investors (me included) in virtual identity companies in China with a CEO that is named FriedCat probably don't really care what clothes he wears during presentations.

Congrats on getting the W/Gh below 1.0.

I'm curious, how many BE200 chips are in the Pacific 1570 (is it 16 per PCB board)?

The costs is pretty important at this (later) stage in the game. The number of blades needed to capture 5% to 30% of the coins is huge, so even if electricity is cheap the costs involved for the PSUs, PCBs, facilities, etc., is going to be significant. Way more significant than when AM previously had 5%+ of the total hash power.

A silver lining is that if FC does build up significant mining capability now (either directly or through franchising), he'll be sitting in a very good position to deploy gen4 blades. If they come in as efficient as he hopes then things could get very interesting.

No, I'm pretty positive in this photo FC is the one with the green plaid shirt on.

The threats were against Yifu (Avalon), not FC. And that was just a stalling tactic by Yifu since he double-sold chips and people were pissed.

Some have seen FC on a very early Skype call, I think. No photos that I know of, but I might be wrong. There is a photo floating around of rockxie (RockMiner) that some people confused with FC but it wasn't really FC.

It was a coordinated transaction between two parties.

Regarding the "40 PH/s of A1s" — either that isn't referring to AM or Spon is confused. AM doesn't have an A1 chip (bitmine does).

How many PH of chips did they buy? Surely if they told you the price they paid they also gave you a ballpark of the quantity.

Update: I just noticed you said, "40 PH/s of A1s" What is an A1s? That isn't an AM chip.

The sentiment pendulum swings wide and far on this forum. I suspect we'll see dividends within a month.

And what pool would you suggest instead? GHash.IO perhaps?

I think you greatly overestimate your power to damage Eligius's reputation.

You haven't provided any response as to what occurred, except to say you won't say anything because nothing can be proved one way or the other. Lots of questions to be answered here that you have ignored.

Why, given your hash power, were there so few solved blocks submitted? Or are claiming that you did submit solved blocks but Eligius decided for some reason you were a good target to steal/withhold payment from? Sorry, but that seems highly unlikely...

Thanks for the detailed information friecat -- that helps clear up quite a bit.

 And kudos to all those that were able to load up on shares < 0.2BTC.

Protip for bbxx: check to make sure you are (or aren't) logged into sock puppet account #8761234 before posting.

Yes, lots of unanswered questions and uncertainty now. My questions for FC if someone is collecting them:

1) On the Balance Sheet, approximately how many chips does the current Inventory (Products + Materials) represent?

2) How many months of inventory do you estimate that represents?

3) On the Cash Flow there was significant expenses for gen3 production (~6mil USD). Does that represent the bulk of gen3 expenses, or are the expenses for gen3 going to continue (additional wafer batches ordered, etc.)?

4) When will dividends start, and how frequently will they occur?

5) What is the status of gen 3.1 (shipping to customers, I think?)? How much does it help with energy usage -- do we have final chip performance numbers yet?

6) What is the progress on gen4?

7) What is the status of self mining? What is the rollout schedule for the data centers?

Because of cost principle, inventory should be reported on balance sheet at its cost to produce/acquire, not its market or selling cost. So presuming AM can sell their inventory at a profit (IMO very likely), the net will be a multiple higher than the current inventory asset. How much higher is the question.

Thanks for the information FC. Can you clarify:

1) On the Balance Sheet, approximately how many chips does the current Inventory (Products + Materials) represent?

2) How many months of inventory do you estimate that represents?

3) On the Cash Flow there was significant expenses for gen3 production (~6mil USD). Does that represent the bulk of gen3 expenses, or are the expenses for gen3 going to continue (additional wafer batches ordered, etc.)?

Thanks for the additional information!

Give me a BTC address and I'll send you a satoshi. If dividends come in this week I'll even round it up to a bit. 

Yes!

and everyone else: don't even think about deleting a post to bump my post to 999. I'm taking a screen capture of my post and encoding it, then writing it to the blockchain to prove I am the rightful owner. Forever.

1st post, 1000th page post, bitches.

Last post, 999th page post. Thanks to someone deleting a post, may their confirmations forever experience an abnormally long and slow variance.

If accurate, this is by far the most efficient miner we've seen made with the gen3 chips.