AMHash1: Cost-Effective Mining Contract

[RussianRaibow]

@Mabsark
Pathetic? We can make mistakes and errors in our judgements and interpretations on what has actually happen right?
We have to wait for the proper translation.

None of what I said needs translation. BE100 was used in the Block Erupter line of miners, BE200 is used in Tubes and Prismas. They're well known facts and even the slightest bit of research would confirm that.

To claim that Tubes and Prismas use 110nm ASICs is beyond retarded.

[1713915208]

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[1713915208]

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[1713915208]

1713915208

[l3sny]

@Mabsark
Pathetic? We can make mistakes and errors in our judgements and interpretations on what has actually happen right?
We have to wait for the proper translation.

None of what I said needs translation. BE100 was used in the Block Erupter line of miners, BE200 is used in Tubes and Prismas. They're well known facts and even the slightest bit of research would confirm that.

To claim that Tubes and Prismas use 110nm ASICs is beyond retarded.

Whatever... we need to wait for the translation into English of this communication.
Any idea what this 110nm stands for in their communication Einstein?

[NotLambchop]

.@Mabsark:  How come you're not on the default trust anymore?  Keep forgetting to to ask you...

[l3sny]

yea Mr Mabsarkastic !

[Mabsark]

Whatever... we need to wait for the translation into English of this communication.
Any idea what this 110nm stands for in their communication Einstein?

Actually, I think I can.

As the second generation directly to the garden, it is nonsense, the trouble to understand what technology was used in the garden, the chip is 110nm, and it really matter chip or board are copied BE100, and if AM really use that technology, AM estimated long belch fart.

This seems to be dispelling a rumour of the cancelled 2nd gen ASICs being used in a BitGarden (another Chinese mining company) mine.

.@Mabsark:  How come you're not on the default trust anymore?  Keep forgetting to to ask you...

I don't even know why I was on it in the first place. You'd have to ask Canary those questions.

[NotLambchop]

...
I don't even know why I was on it in the first place. You'd have to ask Canary those questions.

Wait, you can get on default trust when someone on the default trust ... trusts you?  Who came up with this brilliant & sexy scheme?
But I digress... So, how did you fall out of Canary's favor?  Anything you might have done or... Any guesses?

[NotLambchop]

.@Mobsark or anyone, really:  Haven't been keeping up with the AM saga lately, point me to where this BE300[s?] being sold?

[MrTeal]

.@Mobsark or anyone, really:  Haven't been keeping up with the AM saga lately, point me to where this BE300[s?] being sold?

They weren't, as far as I know. As far as I know, they just did a small MPW run of chips for internal testing. Some board integrators asked about getting a couple samples for testing but as far as I know none went out.

[NotLambchop]

.@MrTeal thanks, just assumed these had to be in production & selling like hotcakes, since Mobsark flaunted this chip as proof that AM was hugely successful lately.

BE100 - Major success
BE200 - Failure
BE300S - Better than anything currently available

*Guess I misinterpreted "anything currently available" as "available from the competition."  Mobsark clearly meant "currently available," period.
The chip simply doesn't exist

[byt411]

https://www.bikeji.com/t/1228

Translation of the first part:

About the details of AMHASH
It's already the 7th of March today, and friedcat has disappeared for 41 days. It is very surprising to me that there hasn't been a reasonable resolution to the problem.
A while before, I have talked about this with AsicMiner many times. If a company cannot function with one of their leaders missing, it means that the company is not in a good state. I noticed this some time ago, and I talked to them about it, but they kept insisting that they were fine, and they had Plan Bs and backup plans in place.

Nobody thought that it would actually happen. friedcat goes missing, and AsicMiner is basically nonfunctional. Worst of all, all other managers and leaders of the company know nothing, nothing about anything at all. They just didn't care about the operations of the company, and gave everything to friedcat to handle. The most unacceptable of all to me, is that they kept viewing the cooperation between AsicMiner and RockMiner a bad thing, and they refused to participate, and thought that I was a danger to the revenue of AsicMiner.

The truth is that that hurt me a lot. I met friedcat in 2012, I became his official distributor in 2013, selling AsicMiner products within the country. In 2014, we even formed a team, and I helped AsicMiner directly, helping them with certain things. Outside the company, I also contributed to maintain the image of AsicMiner and its reputation, because I have seen how it works, and I trust friedcat as a person. In the past year, there have been some minor and major problems in our cooperation, and many of the times was AsicMiner intentionally or not intentionally causing losses for RockMiner. I still told my team that AsicMiner doing things like that must have a reasoning behind it.

But this incident made me realize that the unique views of a person is useless. (Chinese phrase thingy) (Basically means: "Friendship and trust is useless in a cruel business world")

About AMHash, I reiterate the position of RockMiner in it; AMHash is a joint project between AsicMiner and RockMiner. AsicMiner is in charge of the hashpower, RockMiner is in charge of marketing, promotion, and the selling of the hashpower, and customer support. This is what we told the public, and this is the truth, and how the project works. Even a contract was made listing these details, but it was not officially signed, however, this does not mean that it isn't true. You should know, that even digital records count as contracts and promises these days.

Below, there is a large amount of email screenshots between friedcat of AsicMiner and rockxie of RockMiner. It basically outlines the way that dividends are distributed, mining addresses, and prices, and things like that. If there is any interest, I will translate them.

Tips are appreciated.
1Cb2JZxh2R8UxLCuQofdNFm4qnSkga2YyU

[l3sny]

So basically there are no news of the stolen miners in this which is interesting. Nothing about any conflicts of interest or who did what.

Many thanks byt411

[l3sny]

About the details of AMHASH
It's already the 7th of March today, and friedcat has disappeared for 41 days. It is very surprising to me that there hasn't been a reasonable resolution to the problem. Which problem? Missing miners? Missing FC?
A while before, I have talked about this with AsicMiner many times. If a company cannot function with one of their leaders missing, it means that the company is not in a good state. I noticed this some time ago, and I talked to them about it, but they kept insisting that they were fine, and they had Plan Bs and backup plans in place. Oh really? Is there any communication in writing? Whom did you talk to?

Nobody thought that it would actually happen. friedcat goes missing, and AsicMiner is basically nonfunctional. Worst of all, all other managers and leaders of the company know nothing, nothing about anything at all. They just didn't care about the operations of the company, and gave everything to friedcat to handle. The most unacceptable of all to me, is that they kept viewing the cooperation between AsicMiner and RockMiner a bad thing, and they refused to participate, and thought that I was a danger to the revenue of AsicMiner.
THis is not the point. THe point is to restore mining and paying overdue dividends

The truth is that that hurt me a lot. I met friedcat in 2012, I became his official distributor in 2013, selling AsicMiner products within the country. In 2014, we even formed a team, and I helped AsicMiner directly, helping them with certain things. Outside the company, I also contributed to maintain the image of AsicMiner and its reputation, because I have seen how it works, and I trust friedcat as a person. In the past year, there have been some minor and major problems in our cooperation, and many of the times was AsicMiner intentionally or not intentionally causing losses for RockMiner. I still told my team that AsicMiner doing things like that must have a reasoning behind it.

But this incident made me realize that the unique views of a person is useless. (Chinese phrase thingy) (Basically means: "Friendship and trust is useless in a cruel business world") What incident? What happened to the miners?

About AMHash, I reiterate the position of RockMiner in it; AMHash is a joint project between AsicMiner and RockMiner. AsicMiner is in charge of the hashpower, RockMiner is in charge of marketing, promotion, and the selling of the hashpower, and customer support. This is what we told the public, and this is the truth, and how the project works. Even a contract was made listing these details, but it was not officially signed, however, this does not mean that it isn't true. You should know, that even digital records count as contracts and promises these days.
Absolutely. The fact that Rock was dealing with the sales does not mean that you are not financially responsible jointly with asicminer and amhash. We understand that above statement is a starting point to recover things without Friedcat as we cannot wait another 40 day for his coming or not.

[NotLambchop]

Byt411, thanks for taking the time to translate.

[byt411]

But this incident made me realize that the unique views of a person is useless. (Chinese phrase thingy) (Basically means: "Friendship and trust is useless in a cruel business world") What incident? What happened to the miners?

As far as I comprehend, he means "this incident" as in what is happening now, friedcat going missing.

[l3sny]

The questions  are rather to the author not the translator. You did excellent job.

[flame1012]

Tips are appreciated.
1Cb2JZxh2R8UxLCuQofdNFm4qnSkga2YyU

Tipped you 0.01 BTC, not much but just to encourage others, please keep up the good work.

TXid:
7ca20cf2f7bcd421669e8ed2f5404bd26c3e722107fe42e2aa93c311ef4d1030

[ujka]

https://www.bikeji.com/t/1228

Translation of the first part:

About the details of AMHASH
It's already the 7th of March today, and friedcat has disappeared for 41 days. It is very surprising to me that there hasn't been a reasonable resolution to the problem.
A while before, I have talked about this with AsicMiner many times. If a company cannot function with one of their leaders missing, it means that the company is not in a good state. I noticed this some time ago, and I talked to them about it, but they kept insisting that they were fine, and they had Plan Bs and backup plans in place.
...

After reading through all the posts for the last few days, looks to me that they did have plan B in case FC goes missing: close the office, and go home.
Not much of a plan, but simple enough to be carried out even without FC.
Shame.

[flyingplows]

i guess they are just chilling now, doing nothing, just waiting to see if something happens to them, like are they gonna be prosecuted, jailed, seriously threatened, etc...
if nothing happens they will just continue to scam people on another name, because the names like asicminer,amhash,fc,rockminer can no longer be used to sell anything..
well and maybe a miracle happens and someone in high position there decides not to steal our money... but i sadly think they have gone too far already with this...

[flame1012]

Anyone with good intentions would communicate, and be honest with their audience.
Though unexpected very good things (miracles) may happen anytime.

[mr_e]

i guess they are just chilling now, doing nothing, just waiting to see if something happens to them, like are they gonna be prosecuted, jailed, seriously threatened, etc...
if nothing happens they will just continue to scam people on another name, because the names like asicminer,amhash,fc,rockminer can no longer be used to sell anything..
well and maybe a miracle happens and someone in high position there decides not to steal our money... but i sadly think they have gone too far already with this...

Pretty sure fraud is illegal everywhere in the world, China is not different, do they think they are out of our reach, give us our money back or face the consequences.