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Author Topic: 696 ASICMINER shares for auction  (Read 7070 times)
Namworld
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February 04, 2013, 04:45:15 AM
 #1

Hello,

I would like to put up for auction my 696 ASICMINER shares.

This is 696/400 000 shares of ASICMINER or 0.174% (200 000 sold for funding, 200 000 kept by company)

Info about these shares:
- 10 to 12 TH total planned in early february to mine for shareholders
- 6x increase planned in a second batch
- Further expansion possible
- Share of profit from sale of units
- Ownership of an ASIC manufacter, long-term potential

Starting bid: 0.10 BTC (IPO price)
Minimum increments: 0.01 BTC

You may bid for a partial stack of shares, minimum 25. The higher bidder displace lower bidders until there's no shares left.

There is an undisclosed reserve price tied to this auction under which I will not sell.


Update

We are on our revised timeline, and are about to deploy 800 hashing boards in early February. The picture down below is the QC device we are about to take to the assembling service before we pick up all the assembled boards tomorrow:

small:


large:


The board on the upper-left is the power supply module. The upper-right one is the back side of the hashing board with VM connectors and heatsinks attached on. The bottom-left one is the front side of the hashing board without DIP components or heatsinks. The bottom-right one is the tester for QC, and it will be replaced by the controller board in real use.

A more detailed update is given to the board. Please note that the board member list has met its first adjustment, removing shareholders who hold much less than 5,000 after the initial offering from the board.

Update

All confirmations including GLBSE-only ones (who haven't claimed to us) have been sent. For shareholders who haven't received any, please check your spam folder, and report to us if you still couldn't find them.

Well, now that Avalon apparently shipped, would you like to give an estimate on when we start hashing and how many TH/s are we looking at?
Considering the yield rate (including chips themselves, assembling, and other uncertainties) and the overclocking opportunity we are looking at over 10TH/s and under 12TH/s for the whole first batch and sixfold for the second.

See the full thread: https://bitcointalk.org/index.php?topic=99497
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February 04, 2013, 04:51:30 AM
 #2

Format example:
XX @ 0.10 BTC
mb300sd
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February 04, 2013, 04:53:15 AM
 #3

696 @ 0.1

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
arij
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February 04, 2013, 04:54:40 AM
 #4

50 @ .11
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February 04, 2013, 05:12:25 AM
 #5

I forgot the end date. 7 days from the auction start, auction extends for 24h after the last bid.
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February 04, 2013, 05:18:52 AM
 #6

696 @ 0.15 BTC

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February 04, 2013, 05:21:23 AM
 #7

696 @ 0.175 BTC
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February 04, 2013, 05:45:12 AM
 #8

696 @ 0.185 BTC

16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
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February 04, 2013, 05:57:09 AM
 #9

696 @ 0.2 BTC
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February 04, 2013, 08:28:12 AM
 #10

25 @ 0.21


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Namworld
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February 04, 2013, 08:39:32 AM
 #11

---------WINNER-----------Amount----Price/Share--
iCEBREAKER25250.21
BLFC Jordan6710.20
---------------------------------------------------------
----OUTBID----
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10
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February 04, 2013, 09:14:25 AM
 #12

I guess this was pretty cheap...  Tongue

Plagiarize, let no one elses work evade your eyes.
Remember why the good lord made your eyes, so don't shade your eyes but plagiarize, plagiarize, plagiarize. Only be sure always to call it please 'Alternative Coin'.
Namworld
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February 04, 2013, 09:20:43 AM
 #13

I guess this was pretty cheap...  Tongue

Ahem, "current winners" table, the auction is not completed. It's just to keep track of current highest bidders. I'll have to rewrite that table title on my next post.
BlackLilac Jordan
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February 04, 2013, 11:23:52 AM
 #14

25 @ 0.25
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February 04, 2013, 11:25:31 AM
 #15

......................
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February 04, 2013, 11:27:03 AM
 #16

696 @ 0.25
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February 04, 2013, 04:45:05 PM
 #17

25 @ .26


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
ineededausername
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February 05, 2013, 02:19:56 AM
 #18

671 @ .26

(BFL)^2 < 0
Blazr
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February 05, 2013, 02:26:34 AM
 #19

25 @ 0.27

When does this auction end?

ineededausername
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February 05, 2013, 02:49:09 AM
 #20

I forgot the end date. 7 days from the auction start, auction extends for 24h after the last bid.

(BFL)^2 < 0
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