This is a remind that the normal claim process will expire on forum time 23:59:59, Nov. 18th.

This is a remind that the normal claim process will expire on forum time 23:59:59, Nov. 18th.

Please send a mail from the same address of your claim, to check whether the share number and the Bitcoin address are correct, if you feel necessary. Thanks.

Please claim a number that is closest to your memory if no other way works. Without real GLBSE data, we don't have many choices.

Again this is a backup plan for emergency and we don't expect the possibility of us getting no data from GLBSE to be high.

We will query more from the foundry to get the new estimation of the chips delivery.

The foundry processes many orders that are magnitudes larger than that of ASICMINER or any other ASIC mining device projects. If companies at our size are allowed to fight dirty against each other within their production house, big players like cellphone microprocessor producers will make much more serious mess. So we don't think it's possible.

And also, as far as we know, there are no competitors using the same foundry as ours.

Update

GLBSE
To any shareholders who haven't made claims yet, please report your shares to
(fnnirvana@gmail.com) with your e-mail address, your number of shares, and your
Bitcoin address.

The collection of claims could not last forever. We would in principle stop collecting
claims on forum time 23:59:59, Nov. 18th. Any claims after that should come with
very solid proof.

If you have friends or known people who don't visit this forum often, please do us
a favor to tell notify them.

And please keep in mind that this is only a backup plan on the event that GLBSE fails
to give any data.

The project
We are still waiting for the foundry (chip manufacturer). We polled the information from
our foundry agent harder, and are told that bad part is that their production line is becoming
busier though the fourth season is an off one, while the good part is that the person in charge
of the production house have already positively responded to our foundry agent's push.

Other than polling for responses and updates from our foundry, we have made many parts
of our side ready, including the packaging service and the logistics. There are work still left
to do. Some need actual assembled PCBs after the chips arrive, for example, tuning for the
best performance with the miner software. Some are doable now and we are doing them,
for example, reserving of slots from the assembly service.

It is possible that we are the earliest or very early among all ASIC mining device
providers. But if the delay from the foundry happens and we are unable to catch
the first bus, making the "fast money" moment shorter, we will still do anything we
could for our investors to gain them more longer-term profits with adapted business
plans of mass production, proper pricing and better deploying with cheaper power source.

Update

To any shareholders who haven't made claims yet, please report your shares to
(fnnirvana@gmail.com) with your e-mail address, your number of shares, and your
Bitcoin address.

The collection of claims could not last forever. We would in principle stop collecting
claims on forum time 23:59:59, Nov. 18th. Any claims after that should come with
very solid proof.

If you have friends or known people who don't visit this forum often, please do us
a favor to tell notify them.

And please keep in mind that this is only a backup plan on the event that GLBSE fails
to give any data.

MU will stay in some, if not all of its assets' value, since we have made contacts to and
are watching the issuers of our held assets. So please do the claim.

Update

To any shareholders who haven't made claims yet, please report your shares to
(fnnirvana@gmail.com) with your e-mail address, your number of shares, and your
Bitcoin address.

The collection of claims could not last forever. We would in principle stop collecting
claims on forum time 23:59:59, Nov. 18th. Any claims after that should come with
very solid proof.

If you have friends or known people who don't visit this forum often, please do us
a favor to tell notify them.

And please keep in mind that this is only a backup plan on the event that GLBSE fails
to give any data.

22nd Week's Coupon Pre-Calculation

Calculation time: November 7, 10:40:22 forum time

Number of difficulty change: 0
Number of block reward change: 0

Time interval:

  Starting from: October 31, 11:00:08
  Ending at: November 7, 10:40:22
  Total time: 603614s
  Difficulty: 3,304,356.39

Hashrate of this week: 1.41279

coupon/share = (1.41279*10^6)/(2^32)*(603614*50/3,304,356.39)=0.0030044

Number of Shares: 3958

Total Payment: 50.2293948 (last accumulated) + 11.8914152 (this week) = 62.12081

(The payment will be linearly accumulated till we are able to pay)

This is to remind again.

21st Week's Coupon Pre-Calculation

Calculation time: October 31, 11:00:08 forum time

Number of difficulty change: 1
Number of block reward change: 0

Time interval:

  Starting from: October 24, 12:15:35
  Ending at: October 29, 23:20:30
  Total time: 471895s
  Difficulty: 3,072,321.73

  Starting from: October 29, 23:20:30
  Ending at: October 31, 11:00:08
  Total time: 128378s
  Difficulty: 3,304,356.39

Hashrate of this week: 1.40032

coupon/share = (1.40032*10^6)/(2^32)*(471895*50/3,072,321.73+128378*50/3,304,356.39)=0.0031372

Number of Shares: 3958

Total Payment: 37.8123572 (last accumulated) + 12.4170376 (this week) = 50.2293948

(The payment will be linearly accumulated till we are able to pay)

Update

GLBSE
We have got the phone number from DeadTerra, but got no replies whenever we call.
We also exchanged information with HorseRider, what we have got in mind as the result, confirmed
again that the possibility of GLBSE's default and refusal of shareholders' information is low. There
is also the latest update from HorseRider:

https://bitcointalk.org/index.php?topic=118354.msg1307329#msg1307329

We believe that there's still a significant waiting period.

Again, to cope with the improbable unfortunate future scenarios, any shareholder who see this update
and hasn't claimed the shares, please make a claim to (fnnirvana@gmail.com).

The Project
The foundry is still in the stage of processing wafer metal layers (the last stage of production before slicing/packaging/testing). So whoever
caused the hashrate peak is not us. Like that for shareholder information, we are in a relatively passive waiting state. Of course, we have been doing what we could control to optimize the schedule, making sure that our side will not be the critical path on the whole project.

The first 12 wafers (about 12TH/s) will be online in a 6/6 manner. That is, the first 6TH/s for demo and testing, with the second 6TH/s as the succeeding one after the first.

As the competition heats up, a longer-time profiting schedule is needed to complement the speculative plan of a short-time monopoly.
We will immediately make a mass production after the testing shows a high enough yield rate (2/3 is enough for us). The foundry poses limited production scale on the current price level, but more ones are negotiable with higher $/wafer.

Update

This is to remind to MU shareholders. Please send to (fnnirvana@gmail.com) your e-mail, your number of shares, and your Bitcoin address to receive future dividend payments.

20th Week's Coupon Pre-Calculation

Calculation time: October 24, 12:15:35 forum time

Number of difficulty change: 0
Number of block reward change: 0

Time interval:

  Starting from: October 17, 11:18:23
  Ending at: October 24, 12:15:35
  Total time: 608232s
  Difficulty: 3,072,321.73

Hashrate of this week: 1.38797

coupon/share = (1.38797*10^6)/(2^32)*(608232*50/3,072,321.73)=0.0031988

Number of Shares: 3958

Total Payment: 25.1515068 (last accumulated) + 12.6608504 (this week) = 37.8123572

(The payment will be linearly accumulated till we are able to pay)

Update

We are still waiting for the payment and the shareholders' information from GLBSE. It seems that it hasn't made any further payments after the first two. This is the address after the payment of 5443BTC, and the coins haven't been sent anywhere else yet:

http://blockchain.info/address/17pzgcf1v7zwvQczw1WE3sv2u8LZtub2Kz

The probability, we believe, that they refuse to pay and recover the shareholders' share numbers, is low. But we have to be more active pursuing the direct answer.

A letter to the board members has also been sent.

Best regards,

friedcat

I don't remember your forum id appearing in any of the claiming e-mails. So if you haven't claimed by e-mail, please send to (fnnirvana@gmail.com) your share number, your e-mail address to receive notifications, and the Bitcoin address to receive future dividend payments. We recommend you using an address of which the wallet is owned by yourself.

We have processed every claim appearing in the mailbox, including yours.
You could send the follow-up email to get the confirmation if you are uncertain about it.
Plus, before the migration starts, we will send the mail to notify all shareholders (or claimed ones if GLBSE fails to deliver the data) about the process.

Update

shareholders
Till now we have received and processed 88 claims.

GLBSE remains silent towards our requests.

production
The price of the mask set (as well as the first slot of wafers) has been determined, with the final payment contract and payment done. The chips production is still on the way.

The chips packaging price is settled down.

The PCB boards design & manufacturing is also worked on. We are making it as parallel as possible with the foundry to make the process smooth without long singular critical paths.

Update

Because we are yet to receive all the necessary data and so are the issuers whose assets are hold by MU, we are still at a suspension state.

19th Week's Coupon Pre-Calculation

Calculation time: October 17, 11:18:23 forum time

Number of difficulty change: 1
Number of block reward change: 0

Time interval:

  Starting from: October 10, 10:51:06
  Ending at: October 16, 16 22:56:08
  Total time: 561902s
  Difficulty: 3,054,627.53

  Starting from: October 16, 16 22:56:08
  Ending at: October 17, 11:18:23
  Total time: 44535s
  Difficulty: 3,072,321.73

Hashrate of this week: 1.37573

coupon/share = (1.37573*10^6)/(2^32)*(561902*50/3,054,627.53+44535*50/3,072,321.73)=0.0031782

Number of Shares: 3958

Total Payment: 12.5721912 (last accumulated) + 12.5793156 (this week) = 25.1515068

(The payment will be linearly accumulated till we are able to pay)