lol bitcoin newsfeed, you used to be more sharp in your trolling. so are you assuming that other companies dont have shareholders maybe? rofl. ^^
edit: you are in a bad position, we get it. but please do think twice before posting. you are not helping anyone, and especially not yourself.
Nah, I am out from this garbage Chinese cheddar for several weeks now, if not month. What was enough was enough. Lot of red flags everywhere around here. It's good to know when to stop loss, but still I should do this earlier, lesson learned. Looking at orderbook and exchange rate now, I am glad that I had opportunity to sell back then, now it would not be possible for me to get rid off all shares. Feeling sorry for bagholders who still have shares left. What can I say, I hate my decision to invest here (over 90% loss in BTC, little profit in EUR) and hate ASICminer too, one man's dream is destroyed. |
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We have a G4 tape out, big tubes, little tubes and dividends to talk about:
Which shall we?
The current bitcoin price must be really squeezing friedcats bottom line. if FC get squeezed i cant imagine how bad are teh competitors. I would assume about the same for most of them. I really do not think AM pays much less than any other Chinese ASIC company such as Bitmain or Scam-alon etc... And remember, competitors don't need to pay divs for hungry shareholders, they could re-invest whole profit. So who is in better position? |
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Thank you, fc. You have turned the most promising BTC venture to cat shit. Well done.
What else can you expect from Chinese teenager ? To become president ?  Maybe in wonderland. After gen1 its just Chinese tunneled cheddar. And yes I am pissed off. any one who want to sell shares , please PM me , I want to buy 700 shares, fixed price is 0.13BTC per share.
Just throw your precious BTCs on Havelock, its under 200 shares to reach your 0.13 goal, soon™ |
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I filled some numbers into mining calculator and it's true that current ASICminer TUBE with gen3 chips will become obsolete in just one month from now? Do we have like 60Ph of these ? ? ?
Oh, you filled in some numbers on a mining calculator did you? What number did you use for the price of the miners? Let me take a quick guess - the retail price? What number did you use for power costs? 0.15 $/kWh? Now, can you tell me the problem with that scenario? Price of miners : 100$ Power costs : lower end what Friedcat said, so 0.12 $/kWh delivery cost : 0$ setup cost : 0$ maintain cost : 10$/month diff rise : 10% and still you are unable to even break-even that 100bucks, retail price is four times more, any more questions?  go ahead : https://bitcoinwisdom.com/bitcoin/calculator |
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You could sell 300 shares right now and still not drive the price lower than ipo. Whatchoo talking 'bout?
You're wrong. You need under 200 shares to hip IPO price. So I guess... soon™ 149 Shares were already sold since you made your original statement. You are wrong. No shit.  |
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You could sell 300 shares right now and still not drive the price lower than ipo. Whatchoo talking 'bout?
You're wrong. You need under 200 shares to hip IPO price. So I guess... soon™ |
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I filled some numbers into mining calculator and it's true that current ASICminer TUBE with gen3 chips will become obsolete in just one month from now? Do we have like 60Ph of these ? ? ?
I think we'll not see any dividends from gen3, this combined with no communication and with solid track record of bad chip design with gen2 and gen3 makes very hard to even consider buy-in right now.
Also I noticed around 300 shares imported to Havelock from directs today, good luck with selling them.
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Just curious when is the next financial report due
Believe they should be quarterly and perhaps the next board meeting ?
They are semestrial and should roll in by the end of october, as they did last year. HA-HA don't believe that, you will be disappointed (again,again,again,....) |
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We're obviously receiving 10 BTC every 58 hours now in the mining address. Are you really feeling like : "We're receiving..." ? ? ? my dividend address is untouched, that bitcoins are going to some private entity from middle of "July?", without an explanation. With that guesses about hashrate, this thread is catching straw. He don't even attend the interview. Busy spending btc  middle of September here, the summer is gone. What next? Another fucked winter by ASICminer? Seems like it was one-time-mirracle and then gross incompetence. This communication here is worse than it was in NeoBee thread before shutdown. |
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Board members: When is the next meeting?
When is the last time we heard from a board member? Jutarul is very quiet around here, very strange  maybe he's clueless like us ... Friedcat just doesn't give a shit, "he works for only himself". |
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Wasn't here for a while, whats new? Dividends in August? 2 or 3 announced interviews? Era of exahash? PR person?
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Seems like CEO is active in Tube Sales thread. And that he's actually reading and answering there. Anyway where is that new guy which should be responsible for PR/or Tubes or something? Maybe someone could ask FC there, what is the status of AM mining farm, what is the hashrate, why he's keeping the mining addresses from shareholders and where are bitcoins from 1month+ mining and from sales? I am not very good candidate to write it there, because last round of questions was completely ignored.
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So this huge increase in network either means FC is becoming a major player as we speak, or is getting rekt. This is getting tense.
He's getting rekt with his over-promises and under-deliveries for most than a year now, as a shareholder I am disgusted. So I don't hope that now it's different. But I am ready for pleasant ... surprise. |
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Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
Why aren't bitcoins from one month mining distributed to the shareholders? And why isn't AM hashrate or mining address public ? ? ? And what about that promised interview ? ffs... What is the reason to announce that AM re-started the self-mining when all bitcoins goes to the private hands? |
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Topic: The announcement of AM sales of new devices, as well as other aspects on Bitcoin mining.
- ASIC MINER has a 1T Miner that will be available for sale at some point next week
& Exclusive Interview, anyone? ...here we are again... only talks  |
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Originally, shares were $1 USD each (.1btc @ $10 USD/btc) so 5000 shares required an investment of $5,000 USD.
Now, shares are ~.25btc @ $580 or $145 each. 5000 shares would cost around $725,000 USD
I would like to propose a new tier of board member. Currently it would seem that board members meet semi-monthly via a text based chat. What if friedcat created a new tier, a view only board member or 'board viewer' that would be open to those share holders with >= 500 shares. This would give some incentive for larger holders to hodl and would give smaller holders incentive to buy.
If the existing board members were amiable there could even be a side-channel chat where the viewers could pose questions to the board members with 'speak' and if they like the question, they could pose it to friedcat.
Thoughts?
I like it. But will FC agree? There is no reason for him to agree. It would be more work, but it would also help maintain value of AM shares, which would benefit him seeing as how he owns ~250,000 shares I like it too. He should listen his shareholders and boardmembers(!) more, what are they telling him. He doesn't looks like experienced person and steps/decisions from gen1 were simply ... wrong. (Gen2 chip size,Gen3 performance,exchange,lot of promises about better PR,leaving self-mining,stopping production/sales of miners and focusing only on chip sales,very expensive immersion cooling solution and in the end helping the other companies/competitors grow) After the months of cooperation with almost everybody, and helping everybody with ideas like open-source miners, now, he's shouting : Lets destroy all of them ! The goal is corner all competitors from market ... oh, ok. Show the AM hashrate then. Why is hidden, if you're mining? Something besides talks please, I am tired from talks/promises and plans. Like in r/BitcoinMarkets we like to use : "Next few weeks are critical" |
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Or it will be 31st of August and nothing happens hope™ not. In this point I will be happy to see anything, not just words. IIRC the new miner should be revealed on that "salon" ... yet not even specs are known. |
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Anyone else think it's time for a new round of shareholder questions?
Seems like the last one was ignored/forgotten and the conference didn't really reveal much.
I share your opinion, that conference didn't reveal much, but do not forget : looking forward for self-mining again(still don't know why we stop it in the first place for almost a year, and cause so much pain for shareholders, but ...ok, hodlers are stronger than ever now), hope™ we'll see public hashmeter or tagged blocks? why is hashrate not public yet, we're mining for months ... exclsuive: FC release 2013 expenditure reports of shareholder dividends
what does it mean? |
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Guys dont think about this. this is spam and it wasnt the first from this firstbits. Just an advertisement try-hard. they targeted known list for ASICMINER hodlers before.
Exactly. And if this "dusty thing" will ever happen from AM address before the divs, then don't panic. It will be for verification of direct shares ownership. |
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