Summary of speechTranslated from
http://www.weibo.com/p/1005053057597202/And here's Mr. Friedcat!
He's very soft-spoken.
One mention of a "BE300."
"Our goal is to ensure losses for all the other mining manufacturers."
Slide image: summary of franchising program
> Collateral will be AM shares or BTC
> AM will provide the unit
> Franchisee provides the computer, power supply, hosting
> 80/20% split of profits
"Our PR team is committed to improving communications with shareholders and being more transparent."
Price is 3xxxx (?), speed will be >1 TH/s, my god // Note: this doesn't seem right to me and I don't know what he meant, but think he meant to say 3xxx CNY (~500 ish USD) for >1 TH/s.
"The conservative deadline for the public release of BE300 is EoY. It might even be earlier."
"The goal is to achieve an annual average of 15-20% of the hashpower of the network."
Some invoices, haha
Shy, modest, genuine, hard-working, intelligent. Needs to work out more and eat better. Desperately needs a mama cat. That's friedcat.
More translations coming from http://weibo.cn/u/5195261989?page=3&wm= August 2 - At 1pm, ASICMINER is holding the "Exahash Power Era" salon ...
Pic of drinks at the Exahash salon
"Bitcoin mining is way more competitive than the Bitcoin exchange industry"
Friedcat's debut speech: "How can a miner profit in the Exahash era?"
Friedcat describes the open source program (boring slide)
- the BE200 open source program
- for amateur miners, easy configuration and lower radiation (?)
- for professional miners: high reliability; expect a flat price curve
- for miners with better power costs: huge returns
- for miners with lower power costs: we improve your chances of making a decent return
BE300 mentioned by friedcat
Friedcat describes the ASICMINER business model
What we do: Bitcoin mining hardware, R&D, production, marketing, providing open source solutions to the community
What we will never do: scrypt miners, giving insider information out, selling anything in development, tricking people about pricing (not sure about this translation)
ASICMINER is hiring!
Guest speaker, appears to be ASICMINER sales guy, says some stuff about sales (I'm omitting it, it doesn't seem very interesting), in which he mentions that the minimum direct order from ASICMINER is 10 machines.
ASICMINER's latest machine will be in the 3000-4000 RMB range, with 1 TH/s per unit. ASICMINER invites figures in the mining industry to see prototypes of these units for themselves in Beijing, Tianjin, the PRD (HK), and the YRD (Shanghai)
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