And thanks to Rockxie, we now know, that the first batch will be !at least! 1Ph ... I don't expect lower price than 0.99$/Gh for privilege to take very first batch, so we're looking at 1,000,000$ for 1Ph so around 1666 BTC (600$ USD/BTC) minus expenses. Also question is , why we should sell 1Ghs for 0.99$, when competition is selling 1Ghs for $5 ? (I am not sure about that $5, but the point is that its much more expensive).

Great idea, not just city, but country

man, that post is from 2013, but you're right, he needs money also now

I just want to share some insights from my work with Kevin past 3 weeks.

Kevin is very professional person and he knows what he's doing. He was very friendly, helpful and patient during whole process. I learned a lot from him.

Btw if you need some special features for your company setup? Just ask him, he'll recommend you the best solution.

Also his prices are unbeatable ! Very cheap, like 50% under the normal prices everywhere else on internet.

Thank you Kevin, again.

I recommend this guy.

yes, Friedcat is NOT in the picture.

Former team from ASICminer? Without Friedcat.

From where they got 6000+ BTC ? "Failed" gen2 ? 

He refused to answer this several times in last 24hours so the answer is they didn't bring any BTC or they bring a very few investment themselves to the table and they are just creating value out of thin air and taking 6000 BTC worth of shares for free, or almost free.

Goat got it :


I am bit disappointed that human like this is ASICminer boardmember and used to work for ASICminer in past, this RM seems to be the next scam in bitcoin mining world which aim is to raise BTCs from Bitcoin community for 1Ph of gen3 AM chips(risk free & interest free loan) and then start trying to assemble them and retain 80% of profits for their work. I'll pass too.

Its not about being rich or poor, its about being smart and not sheep Nevermind, I will buy it from alibaba.

Seems like something very important happened before the New Year in ASICminer and it completely changed the direction of the company.

from rockminer.com site :


^^ maybe this was a part of that internal revolution inside the ASICminer, which was discussed here in past?

also looking at Friedcat last post count :

September - 9 posts
October - 4 posts
---break---
November - 1 post : "The projected time of taping out of Gen3 is January 20."

Great questions, me, redmetal, ex-trader, coldguy, spinoff were asking something very similar. But Rockxie went offline, so maybe we'll get answer tomorrow before IPO, or not. This piece of information is very crucial before any investment into RM.

@Bonam : Beautiful calculations, I did something similar myself. I will add one more thing :

1500 BTC from this offering = ~1.68PH of AM gen3 chips ... the manufacturing target is 6-10PH year, so RM need to do only 4-6 cycles (3-2months for cycle... its possible). So what exactly are we crowd funding here? Why they need our BTCs? For 1st order of batch 1 AM gen3 chips?

@Adrian-x : Thanks

Yeah, I mean ... I don't care if you guys took some shares(reasonable amount) for your idea, work, assembly line, rent of building, R&D, materials, just give us the numbers. And how many BTC left from private round(with proof).

irony? or truth?

You right, I have tablet from China and I am satisfied, just don't want to pay unnecessarily money for "western brands" you know, looking for parameters not brand.

@innocent93 : Thank you for your opinion. I am going to check that suggested phones. iPhone is not possible, I need Android 4.x operating system.

Meizu MX3  : seems big and only 8MP camera and dont have stainless body, only plastic case
XiaoMI : looks very cheap, only 5MP camera, plastic case

I will stay with Jiayu G5

@bygolden88: 遗憾, 我不知道

Hello guys !

So I have an opportunity for you to earn some BTCs for this simple task.

I want to buy :

JIAYU G5 Quad Core 1.5Ghz 2G RAM + 32G ROM 4.5" HD IPS 1280*720 Gorilla Glass screen 3.0MP+13.0MP Camera Android 4.2 3G Stainless steel body smart phone



shipping to Europe, escrow is must - I pay fees

can you beat alibaba.com?

make an offer, thank you

Thanks, one more thing. Some math here :

We're talking about 75 000 shares, (60 000 private and 15 000 public).

... so RM should have 7500 BTCs in IPO address after sold-out IPO. 6000 from private investors and 1500 from us. One great feature of the blockchain is that is an ultimate public ledger. So the question is, can you provide the proof, that you raised 6000 BTC in private round? I just don't want to see, that you're giving shares for free to you or your friends. Shareholders are equal, right? After that we can control flow of money in company, how much will go for chips orders, how many for other expenses etc, very transparent way, thanks to blockchain.

Right on time Rockxie. I am interested in this offering and I'm planning to invest some BTCs into your operation. Therefore I have few questions for you, if you are not comfortable to answer them, doesn't matter, just write that you don't want to answer.

1. Can you provide your real identity to us?
2. Where is Rockminer located? In which jurisdiction registered? And location of manufacture?
3. How can you be so sure, that AM gen3 chips will meet expected performations, when they are not tested yet? Why not wait for official specs of gen3 chips and release IPO after that?
4. What is your backup plan, if AM gen3 will not meet expected performance?
5. Why you split ASICminer into 2 companies? What's the story behind this?
6. I read, that you are also interested in self mining, what is the expected size of Rockminer mining operation? Do you want to use immersion cooling or air cooling?
7. Do you plan to offer mining solutions for large industrial mining farms and custom datacenter solutions?
8. What about transparency of sales and shareholders audit? How do we know how many miners RM sell? The addresses for payments will be available to public?

Thanks Rockxie, that's all for now :-)

Thanks for update Friedcat, you see, one sentence is enough to fill a void

If somebody is interested how do they make Silicon Wafers and Computer Chips and what is the difference between wafers and engineering batch of packaged chips :

https://www.youtube.com/watch?v=aWVywhzuHnQ

You can kiss my ... ehm ... crystal ball

>>>