163
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Bitcoin / Hardware / Re: ASICMiner Tube Sales Information Thread
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on: August 18, 2014, 11:56:42 AM
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I have a tracking number from fc that gets the hw to Hong Kong (based on prior experience). Then it's picked up by DHL. So, DHL number is next.
And then before the hw gets into DHL's hand, i stole them!! I wish Hong Kong buyers can buy directly but not bulk. You should not get a deal just because you live in FC's back yard Haha If I get some Tubes I can sell it for you in a lower price. Do you know why? Because I get them for 'free' #stealing #gta-in-real-life I might wait till i go back to UK and find a uk reseller... Wow. Such gangster... Impressive...
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167
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: July 29, 2014, 04:56:58 PM
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Per https://bitcoinwisdom.com/bitcoin/difficultyHashrate in middle of July was roughly 100,000,000 GH/s, today it is closer to 140,000,000. Obviously that is not all Friedcat, but we can reasonably assume he has maybe half or so of that increase. Below is quick math, someone please check. Friedcat had roughly 30,000 TH/s deployed with each blade doing ~10 GH/s in the middle of 2013. That is roughly 3,000,000 blades with 32 chips per blade or 96,000,000 chips (not sure if thats right, seems high). Someone check that math (its gotta be wrong) before we look at the hashrate of deploying that many chips with current gen chips. It was 30-50 TH/s, not 30,000 TH/s :-) I think that comma isn't a decimal comma, but rather indicating that it is 30 point zero TH/s. Screw the differences between those notations!!! nope, he is right, that is where I was off. Blah, messing up my TH to GH conversion ratio So, 30 TH/s or 30,000 GH/s which would be 3,000 blade and 96,000 chips. So if he deployed another 96,000 chips he would be close to 100 TH/s or about 7% of the market. Perhaps there is a new datacenter he is acquiring/opening? 100T is around 0.07% of the total BTC network. Btw 96,000 BE200 chips are around 1000T which would be around 0.7% of the total BTC network. Please leave the calculations to others...
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168
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: July 28, 2014, 10:52:18 AM
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Seems positive from a ASICMINER perspective. Rockminer got second batch 120K BE200 chips with $160,771.70. That means the price of BE200 chip is only 1.34$. AM is selling BE200 at cost. Or Rockminer will join AM's franchising farm? I wouldn't interpret too much into those figures. Coincidentally the figure in the next line (R&D investment (including making PCB samples and purchasing equipment, etc.)) is exactly the same - $160,771.70?
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169
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: July 22, 2014, 09:37:22 AM
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I just don't see the value of Asicminer anymore. I've been around almost from the start, and recall seeing AM at over 4btc a share (and ya lost bunch of btc along the way, but no sour milk here.)
But now a days, just don't see a lot to be optimistic about. The company blew their first-mover advantage IMHO. 20% of mining market to lucky if they have 2%. First ASICs to a new gen chip that came about 6 months later than I expected, and just isn't as energy or cost effective as the competition. I don't follow this thread as much anymore but it seemed like they are having enough trouble getting rid of the chips at cost as opposed to making profit.
It's crazy how quickly stuff changes in the world of bitcoin. I hope FC can turn it around but AM seems way overvalued to me, and the div potential looks really slight.
So why do you believe you can judge? Because things "seem"?
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170
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: June 22, 2014, 03:13:39 AM
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Previous bullish me is becoming bearish about fc's 'i won't give a fuck' attitude. I am tempted to make the company's (havelock-)value go down below IPO. I mean... enough is enough.
Cashflow must be positive for quite some time already. And yeah yeah... reinvestment, having to convert to BTC....
I am used to Arab and Subcontinental attitude. I also dealt a lot with Japanese. But never with Chinese, if I could avoid it. I am beginning to think that was for a reason.
Communicate ffs..!!!
I am feeling pretty cheap but cannot help it: Where are our dividends? Where are the revenues from self-mining with Gen3? Are you not able to deploy the millions of Gen3 chips we all paid for for self-mining, nor for sale!?
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171
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: June 15, 2014, 10:44:52 PM
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Are you that ignorant or plain stupid? DataTank Mining project is a customer of AM. AM is one of the - if not THE - healthiest BTC HW business and is not "crowdfunding" anything.
How blinkered you remain. If DataTake Mining were a customer, they would have paid for the product directly, without the need to request crowd funding, it's a simple point, perhaps you will take a few seconds longer to comprehend it before lashing out abruptly with abuse. Please explain to me how a customer of A.M. choosing to fund raise in this way in any way reflects negatively on A.M.? Are you inferring that there isn't enough demand without this IPO for A.M. to sell out Gen 3? On what information are you basing this assertion?
I made no such assertion that it reflects negatively on anyone. I posed the question; why crowd funding? I'd have expected, if these chips have already been sold, then shareholders should see some dividends, and if the sale is subject to fulfilment of the crowd funding, then shareholders will be waiting even longer for dividends. Yeah yeah. Same as Rockminer et aliud. Pathetic. When would a Spondoolie miner break even if I bought one now? What's that? You don't know because you can't predict the future?
Of course I can't predict the future. The same way you can't predict when will you receive dividends. It can be in 1 month, it can be in 6 months. Are you that ignorant or plain stupid? DataTank Mining project is a customer of AM. AM is one of the - if not THE - healthiest BTC HW business and is not "crowdfunding" anything.
Now crawl back to the cave you came from and troll in some other thread. And take the other two trolls with you.
Healthiest? How come? AM is just cash-less sitting on 60PH worth of wafers. Where is the health in there? They can't even help the bitcoin network with some hashpower of their own so that Ghash can go below the 50% share. AM self-mining is just a joke at this moment. Their future relies on selling inefficient chips to customers. Löl. Your attempt is so poor that I am not even bothered to reply. Putting the troll-trio on ignore now. ^^
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172
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: June 15, 2014, 10:28:48 PM
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The DataTank Mining project is in cooperation with ASICMiner not an offering of ASICMiner.
And current dividends due will be paid out in full prior to this new crowdfunding plan? Here's how I see this evolution; ASICMiner needs this to work so that they can, in turn be paid for their chips, and in turn, pay dividends due. Yes, very much ' in cooperation' with AM, is evident. Whether it works out or not, AM will still be paid for the chips that are used in this project. Do you think AM is just handing out free chips or something? Silly Spondoolie shill, what's it like being a cheap whore? I can't recall mentioning anything about any other hardware manufacturer. The discussion which is current, is regarding the use of further crowd-funding to enable AM to pay dividends on past crowd-funded endeavours. Are you that ignorant or plain stupid? DataTank Mining project is a customer of AM. AM is one of the - if not THE - healthiest BTC HW business and is not "crowdfunding" anything. Now crawl back to the cave you came from and troll in some other thread. And take the other two trolls with you.
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175
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: June 15, 2014, 12:53:04 AM
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Divs will be paid out as soon as the cashflow is positive and fiat was exchanged to BTC. Not when batch x is sold or sth. I wonder why hdbuck came up with that idea...
well, for the cash flow to be positive, FC has to sell the 60 Ph inventory. Nope. It was already (mostly) paid for at the time of the statement. In addition to that there are progressive payment terms with the customers. yea.. production was indeed paid upfront by AM (i.e negative cashflows; no divs). so what should AM do again to break even before having postive cashflows? Break even ≠ positive cashflow. thats why i said 'before' As we both agree that all was mostly paid for, the cashflow should have turned positive pretty soon after the release of the statement - unless there were new expenses for e.g. further batches.
hm well i wouldnt know that. could also take another month to sell it all (or most part of it), hence having positive cashflows. plus we still dunno if he will retain those generated incomes for further batches. soo unless franchisees and solomining kicks in.. More cash comes in during defined period than flows out --> positive cashflow. We also know that retention ratio for Gen4 will be 1/3. I doubt retention for future Gen3 batches would be significant thanks to progressive payment terms with the customers. The cashflow of AM should already be positive.
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177
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: June 15, 2014, 12:28:27 AM
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Divs will be paid out as soon as the cashflow is positive and fiat was exchanged to BTC. Not when batch x is sold or sth. I wonder why hdbuck came up with that idea...
well, for the cash flow to be positive, FC has to sell the 60 Ph inventory. Nope. It was already (mostly) paid for at the time of the statement. In addition to that there are progressive payment terms with the customers. yea.. production was indeed paid upfront by AM (i.e negative cashflows; no divs). so what should AM do again to break even before having postive cashflows? Break even ≠ positive cashflow. As we both agree that all was mostly paid for, the cashflow should have turned positive pretty soon after the release of the statement - unless there were new expenses for e.g. further batches.
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178
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: June 15, 2014, 12:08:50 AM
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Divs will be paid out as soon as the cashflow is positive and fiat was exchanged to BTC. Not when batch x is sold or sth. I wonder why hdbuck came up with that idea...
well, for the cash flow to be positive, FC has to sell the 60 Ph inventory. Nope. It was already (mostly) paid for at the time of the statement. In addition to that there are progressive payment terms with the customers. EDIT: No offense. But are you sure you know what determines a positive cashflow?
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179
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Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
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on: June 14, 2014, 07:13:58 PM
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Divs will be paid out as soon as the cashflow is positive and fiat was exchanged to BTC. Not when batch x is sold or sth. I wonder why hdbuck came up with that idea...
That could even mean divs in the coming week.
I am a bit BTC skint myself atm but I chose to rather borrow money than selling any shares at these ridiculously low levels. This is no advice. Everybody has to take decisions for himself.
I expect things to happen soon and quickly and big. So quickly that the weak hands won't have time to pull their sales orders on Havelock.
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180
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Economy / Securities / Re: ROCKMINER - miners using GEN3 ASICMINER chips
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on: June 14, 2014, 01:28:25 AM
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Are you in EU ? I thought minersource is US. We are US, but we offer USPS/UPS/DHL Shipping to the EU, relatively speedy. Import duty 22-25% is bloody killer For 2 Habaneros I paid £275 for import and $160 was postage. We have had great luck marking miners that look like this (S1 as well) as "RMA" or "prototype goods" marked at $99-$199. Awesome solution. Not. Good luck! ^^
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