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Author Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)  (Read 377250 times)
Dexter770221
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December 31, 2013, 10:09:40 PM
 #1221


...and no specs...

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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December 31, 2013, 10:12:50 PM
 #1222


Yep, shipping IceDrill ASICS to their customers to save face. Unfortunate
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January 01, 2014, 03:10:00 AM
 #1223


Yep, shipping IceDrill ASICS to their customers to save face. Unfortunate

IceDrill was the earliest HF customer, so it makes sense for them to get the first units.

"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets."  -   Leon Louw

“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
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January 01, 2014, 03:07:38 PM
 #1224


I can confirm that this exact unit is en-route (via Fedex International Priority) to the IceDrill research/engineering facility where it will undergo rigorous evaluation. ETA: Friday 3 Jan.
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January 01, 2014, 03:17:10 PM
 #1225

...I can confirm that this exact unit is en-route ...
Only one? Wow, what an enormous hashing power Wink

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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January 01, 2014, 04:33:03 PM
 #1226

Icedrill has probably a different contract than the one we have.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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January 01, 2014, 08:05:00 PM
 #1227


I can confirm that this exact unit is en-route (via Fedex International Priority) to the IceDrill research/engineering facility where it will undergo rigorous evaluation. ETA: Friday 3 Jan.

Awesome, at least we get some jump on the cointerra based mines, they just showed packaged chips.

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

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January 01, 2014, 10:18:59 PM
 #1228

Hi guys,
Anyone have a copy of https://bitfunder.com/assetlist? I need to claim my shares, but website is offline now.


I found a copy on btct.co website. Shares claimed Smiley

DARKNET MARKETS >> https://DARKNETMARKETS.COM
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January 02, 2014, 06:36:21 AM
 #1229

I've asked for an investor meeting to Willem and Ludvig 3 days ago without any response, Thus ....


I herein would like to invite you, IceDrill / HashFast investors, to a private meeting to discuss the future of IceDrill and our relationship with Hashfast.

As you may know, the situation has changed dramatically since the IPO.

  • Bitfunder has closed

           Will an alternative trading method be chosen ? What / When ?


  • Hashfast is almost 3 month late.

          What kind of ROI to expect ? Any protection for early investors ?
 

  • Hashfast has passed their maximum delivery date for Batch 1.

          What are hashfast compensation plans ?


  • Private investors have lost all chances of returning a profit a while ago (0.0016 to public investors before privates take any profit)

         How can we now make sure the people in charge have our interests at heart ?


  • Delivery is imminent and many important aspect have not been addressed


The meeting will be done in a Skype chatroom as text, voice or video conference.

To keep a good signal to noise ratio and be as effective as possible I thought it would be preferable to have only the largest 15 investors in our first meeting. The cut-off number of shares to participate is thus 75 000 shares.

To agree with the terms and be granted access sign the following message with your corresponding BitFunder address and send me a PM with the generated signature AND the address.

Code:
icedrill investor meeting 75000+

Terms :

    * You are free use your real name or to use any pseudonymous mean of communication.
   I personally will not share your identity used during the initial contact. (TorChat can even used to send ownership verification : rmca4l5fhz35eov3 )

    * All of what is to be discussed is to be kept private unless a consensus from 80% of members is reached. (NDA)

    * The meeting will start as text only and everyone joining the chatroom will be given the records from the beginning.

Last version of BitFunder asset list.
Code:
20445670 19mvuvS2VgCWDtfGpsLnJAPhBp2ZcWM3xQ
2500000 1EbNE1UUHxSuJVvanhsV6q1suAqtAFhizN
2181855 168RdndVwHT4oHRxiPHatRaJ5F694iKJAX
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130000 1HBMibomkT1N3jYijszGQLzG8ZUnXG2SfG
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120000 1EkE48BacgDw77cHJGznqmo8DLCggmgXJS
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80800 1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL
75000 1Mi3A5ADgoX8zRxRihY9m8xDpAU8WBxqcG
------------------------------------------------------------------




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If you have any information that you would like to share privately with the current selection of investors but do not have a sufficient amount of shares you are welcome to do so by including with your message the signature of the following with your BitFunder address.

Code:
icedrill investor meeting 75000-
Jutarul
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January 02, 2014, 07:14:44 AM
 #1230

I've asked for an investor meeting to Willem and Ludvig 3 days ago without any response, Thus ....

You're asking at a very volatile moment. With their failure to deliver, HashFast is in a weak legal position and will and ludvig are likely exploring options to negotiate a satisfactory deal for IceDrill. That may take a week or two until some answers are ready. Before that time I don't see how a "private" investor meeting can be of any use other than to stir the FUD. The fate of the IceDrill investment at this point more or less depends on the negotiation skills of the IceDrill management, as the exposure to HashFast is considerable.

That said, it would be nice if the IceDrill management would supply any updates they can spare.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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January 02, 2014, 07:22:17 AM
 #1231

I've asked for an investor meeting to Willem and Ludvig 3 days ago without any response, Thus ....

You're asking at a very volatile moment. With their failure to deliver, HashFast is in a weak legal position and will and ludvig are likely exploring options to negotiate a satisfactory deal for IceDrill. That may take a week or two until some answers are ready. Before that time I don't see how a "private" investor meeting can be of any use other than to stir the FUD. The fate of the IceDrill investment at this point more or less depends on the negotiation skills of the IceDrill management, as the exposure to HashFast is considerable.

That said, it would be nice if the IceDrill management would supply any updates they can spare.
I've been talking with them over Skype since the beginning.  Willem and Ludvid will be there and answer if they want.

Having a communications channel with people with a stake in achieving a similar goal can only be good and should in no way hinder negotiation with HF.
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January 02, 2014, 11:20:17 AM
 #1232

I've asked for an investor meeting to Willem and Ludvig 3 days ago without any response, Thus ....


I herein would like to invite you, IceDrill / HashFast investors, to a private meeting to discuss the future of IceDrill and our relationship with Hashfast.
...

Is it possible to add a way for other investors to follow the conversation? (Without being able to participate, obviously.)

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January 02, 2014, 02:53:40 PM
 #1233


I can confirm that this exact unit is en-route (via Fedex International Priority) to the IceDrill research/engineering facility where it will undergo rigorous evaluation. ETA: Friday 3 Jan.

Why did you not drive there and pick it up?  I thought it was built in Canada.

Why would it get shipped International Priority if they were in driving distance?
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January 02, 2014, 03:35:58 PM
 #1234


I can confirm that this exact unit is en-route (via Fedex International Priority) to the IceDrill research/engineering facility where it will undergo rigorous evaluation. ETA: Friday 3 Jan.

Why did you not drive there and pick it up?  I thought it was built in Canada.

It is:

9300 Transcanada Highway
St Laurent, Quebec H45 1K5
CANADA

http://www.linkedin.com/company/ciara-technologies


I guess this is a test unity sent from HashFast in US...

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January 02, 2014, 04:05:51 PM
 #1235


I can confirm that this exact unit is en-route (via Fedex International Priority) to the IceDrill research/engineering facility where it will undergo rigorous evaluation. ETA: Friday 3 Jan.

Why did you not drive there and pick it up?  I thought it was built in Canada.

It is:

9300 Transcanada Highway
St Laurent, Quebec H45 1K5
CANADA

http://www.linkedin.com/company/ciara-technologies


I guess this is a test unity sent from HashFast in US...

Ciara is not the "IceDrill research/engineering facility" and is located outside of Canada if they are shipping the unit by International Priority.

Ciara is where the HashFast machines are manufactured and shipped from.
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January 02, 2014, 04:19:46 PM
 #1236


I can confirm that this exact unit is en-route (via Fedex International Priority) to the IceDrill research/engineering facility where it will undergo rigorous evaluation. ETA: Friday 3 Jan.

Why did you not drive there and pick it up?  I thought it was built in Canada.

It is:

9300 Transcanada Highway
St Laurent, Quebec H45 1K5
CANADA

http://www.linkedin.com/company/ciara-technologies


I guess this is a test unity sent from HashFast in US...

Ciara is not the "IceDrill research/engineering facility" and is located outside of Canada if they are shipping the unit by International Priority.

Ciara is where the HashFast machines are manufactured and shipped from.

I know that, but has you can see in their LinkedIn apparently Ciara is in Canada.

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January 02, 2014, 04:27:00 PM
 #1237


I can confirm that this exact unit is en-route (via Fedex International Priority) to the IceDrill research/engineering facility where it will undergo rigorous evaluation. ETA: Friday 3 Jan.

Why did you not drive there and pick it up?  I thought it was built in Canada.

It is:

9300 Transcanada Highway
St Laurent, Quebec H45 1K5
CANADA

http://www.linkedin.com/company/ciara-technologies


I guess this is a test unity sent from HashFast in US...

Ciara is not the "IceDrill research/engineering facility" and is located outside of Canada if they are shipping the unit by International Priority.

Ciara is where the HashFast machines are manufactured and shipped from.

I know that, but has you can see in their LinkedIn apparently Ciara is in Canada.

Maybe some miscommunication,

Yes Ciara is in Canada. This unit was shipped from Canada to IceDrill's facility (where ever that is that is not in Canada)
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January 02, 2014, 04:30:31 PM
 #1238

Maybe some miscommunication,

Yes Ciara is in Canada. This unit was shipped from Canada to IceDrill's facility (where ever that is that is not in Canada)

Oh, I was under the impression IceDrill's facility was in Canada...

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January 02, 2014, 05:03:46 PM
 #1239

Maybe some miscommunication,

Yes Ciara is in Canada. This unit was shipped from Canada to IceDrill's facility (where ever that is that is not in Canada)

Oh, I was under the impression IceDrill's facility was in Canada...
... It is in Canada.  This must only be a demo unit shipped for further analysis.


We already have a good portion of shareholders (by number of shares) ready for meeting.

If you know anyone who has has sufficient number of share to participate please have them know about the meeting : https://bitcointalk.org/index.php?topic=269216.msg4265794#msg4265794

I've asked for an investor meeting to Willem and Ludvig 3 days ago without any response, Thus ....


I herein would like to invite you, IceDrill / HashFast investors, to a private meeting to discuss the future of IceDrill and our relationship with Hashfast.
...

Is it possible to add a way for other investors to follow the conversation? (Without being able to participate, obviously.)
No, unfortunately one of the reason for the meeting to be private is to allow for open discussion without disclosing any strategic informations.
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January 02, 2014, 06:29:26 PM
 #1240

I've asked for an investor meeting to Willem and Ludvig 3 days ago without any response, Thus ....

I herein would like to invite you, IceDrill / HashFast investors, to a private meeting to discuss the future of IceDrill and our relationship with Hashfast.

Hi All

I've not yet had a chance to discuss it with DT as he's currently in France with sketchy internet.

That said, we wholeheartedly embrace this initiative by Transisto, much more so because it is formed by someone outside the IceDrill team.

My main reason for supporting the idea is that it essentially forms an informal "investor board" which would make my life of investor and information management much easier, to say the least.

To put the requirement of the initiative into perspective, you need to realise that information in the bitcoin mining business is extremely valuable and can loosely be classified into 3 categories:

1. Publically shareable information (the stuff we post here).
2. Information we are unwilling to make public due to it being sensitive and sharing it would potentially be detrimental to the project itself: e.g. see game theory: Nash equilibrium.
3. Information we absolutely cannot share (legal NDAs).

This initiative gives us an outlet for much of #2.

Each of those have different subcategories, and I'd be happy to elaborate further on the dark art of information management in the context of the IceDrill's playbook if anyone's interested.
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