No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill.
the hashlord is the person who controls the hashrate or the facility where the hashrate is held surely and i don't think they own a DC, i think they own a food factory...... By DC, I just mean a facility that hosts the miners. Whether it is an actual DC, a barn, a shed or a food factory is irrelevant. The relevant point is that HashLord was in control of it, not AM. Also, I would say it's more likely that HashLord is a business entity rather than an individual. |
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Havelock is simply a shareholder of AM with more than 5000 shares. Having 5000 shares gets you a seat on the board. Having a seat on the board doesn't make you an owner of AM any more than having 1 share does.
This information has always been public knowledge.
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The problem is that the product AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder), of which neither has the ability to absorb the damage alone.
Operator = RockMiner Manufacturer = ASICMiner Hashlord = ? (FC? sausage factory man? police?)Contract Platform = havelock Contract Holders = Customers FTFY, you had names in the wrong columns..... No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill. |
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At the very least he was committing utility fraud for AM's electricity bills.
There is no evidence whatsoever to suggest that's true but there is evidence to suggest that it's false. The problem is that the product AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder), of which neither has the ability to absorb the damage alone.
Operator = RockMiner Manufacturer = ASICMiner ? = HashLord Havelock = Contract Platform Customers = Contract Holders So, what is HashLord? The only logical explanation is that HashLord are the owners of the DC hosting the AM miners. So, if anyone was committing utility fraud it was probably HashLord. But that's just a rumour with no evidence as of yet to back it up. |
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Makes no sense. This would require far more than a single rogue operative inside AM. ASICMINER has actual employees and a large mining infrastructure, not a single laptop controlling 5000+ miners.
From what Jutarul said, the premises where the miners were located seems to have belonged to HashLord, not AM. If that was the case, then HashLord could have simply disallowed AM employees from entering the premises and redirected the miners. |
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Edit: Found this Any board members here want to comment on when and whether there will be an update? I thought there was going to be one at the end of February or early March... we're almost at mid-March now.
friedcat noted that the next major update will likely come after the chips have been tested and the final specs determined. At the same time the overall ordering process will become clearer, as supply will have to be met by demand. Based on latest information the first chips are on track and to be received end of March. But this isn't a clear reply. Didn't FC had sample results back in December? Notice that the date of Jutarul's post was 2014-03-12 - that was from 1 year ago yesterday. That quote is clearly talking about BE200, not BE300. |
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So, no new info, just badly translated Chinese of what we already know.
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A haha one of the bigger AM fan boys...
Lack of communication, multiple failed generations, the signs were all over the place for the last year. I did not see a ponzi incoming, but knew this company was obviously done after gen 1. It does not take much to see they had no chance versus Bitmain / SP-Tech etc.. Yes I bought a tube and a prisma (both defective) because I assumed that they could at least ship working hardware - I was wrong.
I'm not an AM fanboy, I was an AM shareholder. A fanboy wouldn't criticise AM the way I have, a fanboy would simply cheer everything about the company. Just because I point out the nonsense and lies people post, doesn't make me a fanboy. A fanboy wouldn't have asked for the sales and support team to be replaced with competent employees. A fanboy wouldn't have asked about the possibility of shareholders buying out FC and co. You didn't know the company was obviously done after gen 1 at all, stop lying. If you truly thought that you wouldn't have posted the following: Bitmain and SP care more as they wouldn't have been in that situation. Those 2 companies would have fixed the issues in days not months. Also we will see if AM can release decent gear next time around...I have my doubts. If they can actually make a decent miner I would be willing to buy one used and known good. - https://bitcointalk.org/index.php?topic=938256.msg10351938#msg10351938I am not out to get AM or anything, but I am always buying gear and hashing it (have for years). I have seen first hand that they lack any real quality control and their gear is much lower quality than that of Bitmain and SP-Tech. I would love to see them make a good miner to help drive prices of all gear down some more, but they need to fix a few issues. AM needs to make a decent controller and check the stuff before it ships. So many people had DOA boards...a few is understandable, but from what others were posting it was lots. - https://bitcointalk.org/index.php?topic=938256.msg10352403#msg10352403If you thought AM was "obviously done after gen 1", then why would you be considering the performance and quality of gen 4 miners last month? Ok, So the BE300 is dead (If the chips aren't ordered we are already months behind competition now), there is no point in carrying on. What is the liquidation plan?
At this point, there isn't one. |
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AirWolf plz let them live for a few months  , people might have other securities there... maybe they were just tricked into this amhash scam like we did or do you have some info that they knew it from the start? if you have plz post it here and i will sell everything i have there and withdraw before its gone Man, HL is deeper in this that anyone thought!, the owner of HL IS ONE OF THE OWNERS OF AMHASH! Will post proof of this later today or tomorrow, stay tuned. Just like AMHash was running on 110nm ASICs? Just like AM was a total scam from the beginning? Why do you keep posting complete nonsense like this? Do you not understand that you've already lost all credibility? |
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I have been trying to make people wake up in this thread for close to a year now. I even sent a few PM's to people asking them why they keep investing in this company. I tried to explain how it looks from someone not impressed with them after Gen 1, and they all had blind faith. It is almost like a religion or a cult...no idea.
What exactly was there to wake people up about for the past year? Terrible communication? If what you were saying is true, why the hell did you purchase a BE200 based Tube? After that, why did you buy a Prisma? Because you knew deep down that AM was "a ponzi"? That makes sense, honest Captain Hindsight! |
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Just by not making due diligence and facilitating the operation of a fraud company TWICE is proof of their involvement.
JUST SUPPOSING that HL acted in good faith, they were NEGLIGENT by offering a SCAM to their clients, just to later wash their hands out of it.
But there is more: HAVELOCK IS ONE OF THE OWNERS OF AMHASH, and i will prove this later today or tomorrow.
Stay tuned.
AirWolf, you've been told multiple times to stop making such retarded statements that just make you look like a total buffoon. Neither AM nor AMHash were a scam. AM has been producing miners for over a couple of years now. Are you so delusional that you claim that AM never actually had any Block Erupters, Cubes, Tubes or Prismas for sale or use despite the fact that lots of people are currently using them and even more have had one in their hands? How on earth is that a scam? Now, given AM had all these BE200 ASICs and BE200 based Tubes and Prisma they were having trouble selling, does it really surprise you that they would put some of that hashing power to cloud mining use? How on earth is that a scam? The "scam" here is that FC has gone missing and has the keys to the coins. This occurred a couple of months after AMHash was set up. Havelock is not an owner of AMHash you bloody imbecile. AMHash is owned by AM, with sales and support done by RockMiner. Havelock has a seat on the board of AM which they acquired when they took over AM1 from TaT. As an AM shareholder who doesn't give a fuck about Havelock, AM is fully responsible for this mess, not Havelock and not even RockMiner. Sorry mate, by quoting NLC you just lost all credibility.
Silverspoon is NLC. |
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The most sensible and logical opinion put forward so far is that FC was abducted and anally probed by little green men from outer space.
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still nothing from AMhash.  If he was infact kidnapped why keep it quiet. I dont know how all that equipment could be stolen and kept quiet until they wanted it out is very improbable. Something just doesnt add up... You really believe he was kidnapped still?  No official statements have even said or suggested he was kidnapped. That's Chinese whispers for you. |
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I'm fed up with this, I don't believe in any these stories, they are all naive lies.
...
Then stop making up these bullshit stories and spreading them as if they're facts. |
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In other words, AM is dead.
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Canary, are these statements based on inside knowledge or just the rumours and facts everyone else knows? Also, are you a board member?
Yes. No. Canary, are these statements based on inside knowledge? |
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Canary, are these statements based on inside knowledge or just the rumours and facts everyone else knows? Also, are you a board member?
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Well that was a pretty useless statement. It told us nothing we didn't already know. Also, what's the status of AM's funds and BE300?
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update : 1. We have lost contact with Friedcat more than 40 days, we are now still focusing on finding him. 2. A lot of evidences we have found shows that he is safe, which is the only good news recently. In addition, all rumour around the community are baseless and untrustworthy. We know so far nothing about where has he been and where is he at the moment. 3. We have to focus on finding him currently so there are indeed some delay on replying email of sale@bitquan.com. However, since we have all records of your emails so it is only a problem of time, please understand and be patient. 4. AMHASH project is not from sale team of ASICMINER, we know nothing about the deal between Friedcat and ROCKMINER, no one else has seen the contract between them either ,therefore, we sale department of ASICMINER is not be in charge of AMHASH project, please be patient to wait till we find FC. Is the new chip in production Phasebird? Or what is the status of that project? hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make. In terms of our hardware sale department,we have saved all emails and will try to re-build our bussiness team as quick as we can. please wait the upcoming statement from the board of AM. |
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Wasn't Bitmain the company Fried Cat was being accused of bleeding ASCI MINER into?
Accused by who? I remember gogxmagog making similar claims but that was with regards to RockMiner and AMHash. |
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