[Bitfunder] TAT.ASICMINER New Micro-share Passthrough

[ThickAsThieves]

When I do send it, the div will be 0.000362395265 per share!

[ThickAsThieves]

Dividends have been released!

[ThickAsThieves]

Dividends have been paid at .00034469 per share!

[Streets 2.0]

Thanks man!!! Reinvested already

[ThickAsThieves]

[BITFUNDER] [TAT.ASICMINER] [PAID] 22,007 @ 0.00017196

[ThickAsThieves]

Dividends paid at 0.00018412 per share!

[ThickAsThieves]

Dividends paid at 0.00021822 per share!

[ThickAsThieves]

OFFICIAL UPDATE

I have some news for everyone after a brief e-mail exchange with Friedcat. He has answered the 3 questions I submitted from our recent poll below:

-- There was news about a presentation by Rockxie about ASICMINER. Can you confirm this was an official presentation and summarize the news that was shared about upcoming plans for the mining farm and the Mini Blade?
Friedcat: They are true, though some projected dates from our side were more-or-less overly determined in his presentation.

-- When can we expect the first financial report?
Friedcat: We are asking board members if July 23 is acceptable.

-- Could Bitfountain provide an official live hashrate meter from ASICMINER for your mining farm, or could you periodically confirm the current hashrate?
Friedcat: Yes. Our internal management system is towards its completing. Directing the data to a public webpage is easy.

In other news, Friedcat has also officially confirmed my new status as a board member!

I am truly honored and proud to have achieved this, and I look forward to playing any role I can to further ASICMINER's success.

[damiano]

Congrats

[ThickAsThieves]

Dividend paid at 0.00019717 per share!

[fk1]

Hi! I own 100 TAT shares, is it possible to convert them to 1 original G.ASICMINer-PT share on bitfunder.com?

[ThickAsThieves]

Hi! I own 100 TAT shares, is it possible to convert them to 1 original G.ASICMINer-PT share on bitfunder.com?

Sorry, this is not directly possible. You would need to sell your TAT.AM shares to buy the type you prefer.

[ThickAsThieves]

Dividends have been paid at 0.00024099 per share!

[neurobox]

Just bought in. As diff increases, choking off GPUs and even FPGAs, I'm betting on value to climb in short term, and dividends to rise in long term. Is that a reasonable assumption based on your expertise?

[ThickAsThieves]

Just bought in. As diff increases, choking off GPUs and even FPGAs, I'm betting on value to climb in short term, and dividends to rise in long term. Is that a reasonable assumption based on your expertise?

My position is biased in that I hold a lot of ASICMINER shares and I am on their board of directors. So you can infer that I am confident in the company

[neurobox]

Just bought in. As diff increases, choking off GPUs and even FPGAs, I'm betting on value to climb in short term, and dividends to rise in long term. Is that a reasonable assumption based on your expertise?

My position is biased in that I hold a lot of ASICMINER shares and I am on their board of directors. So you can infer that I am confident in the company

That's a given of course, I'm hoping you can spell out the particular pattern of growth you might anticipate.

[ThickAsThieves]

Just bought in. As diff increases, choking off GPUs and even FPGAs, I'm betting on value to climb in short term, and dividends to rise in long term. Is that a reasonable assumption based on your expertise?

My position is biased in that I hold a lot of ASICMINER shares and I am on their board of directors. So you can infer that I am confident in the company

That's a given of course, I'm hoping you can spell out the particular pattern of growth you might anticipate.

I expect them to continue to release hardware a step ahead of the competition, and to grow their farm to maintain a healthy % of the network as difficulty increases.

[ThickAsThieves]

Update

Financial Status

Mining Income: 102,041.82BTC
Blade Sales Income: 29,594.75BTC
USB Sales Income: 37,524.00BTC
Total: 169,520.57BTC

Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥
Electricity Expense: 729,542.05￥
Labor Expense: 327,081.00￥
Logistics Expense: 132,184.90￥
Deposits: 117,506.01￥
Total: 397,800.00$+6,216,243.96￥

Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing

Hardware Franchising

This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.

This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.

Project Timeline

August-September: Deploy/sell all hashpower arriving in July and early August.
September-November: Deploy/sell the hashpower ordered at early July.
November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

[ThickAsThieves]

Dividends have been paid at 0.00022856 per share. Thanks!

[ThickAsThieves]

Dividends have been paid at 0.00019924 per share.