ASICMINER: Entering the Future of ASIC Mining by Inventing It

[darrenyu]

Thanks.
It seems not good for bitfunder clients.
Is it safe to hold ASICMINER stocks on Bitfunder?

Do anyone know why ASICMINER on Bitfunder Div last week didn't payout ?
I didn't get them on bitfunder.
But did get div on havelockinvestments.

Ukyo needs the div amount confirmation from friedcat. This is a red alert and one of the reasons why I withdrew all from Bitfunder and weexchange. Because it means Ukyo does not know how many shares are assigned to the PT address, Otherwise he would instantly know the div amount. On the PT thread there is further discusion. Here

https://bitcointalk.org/index.php?topic=148827.400;topicseen

P.S. AAAAAnd he is offline again......

[lophie]

Do anyone know why ASICMINER on Bitfunder Div last week didn't payout ?
I didn't get them on bitfunder.
But did get div on havelockinvestments.

Ukyo needs the div amount confirmation from friedcat. This is a red alert and one of the reasons why I withdrew all from Bitfunder and weexchange. Because it means Ukyo does not know how many shares are assigned to the PT address, Otherwise he would instantly know the div amount. On the PT thread there is further discusion. Here

https://bitcointalk.org/index.php?topic=148827.400;topicseen

P.S. AAAAAnd he is offline again......

Interesting, perhaps last week (or two weeks ago?  not at the computer with my wallet) it was that Havelock was a week delayed on dividend payments.  Not sure what the significance is, just adding that to the convo since I hadn't previously heard about a delay on Bitfunder.

Yes but NOT the same case by far. TAT was arranging for the transfers but Ukyo is the one posted that he needs FC confirmation of the amount to pay. TAT was busy, Ukyo doesnt know how many shares the PT address hold, which is a disaster!

[reactor]

Yes but NOT the same case by far. TAT was arranging for the transfers but Ukyo is the one posted that he needs FC confirmation of the amount to pay. TAT was busy, Ukyo doesnt know how many shares the PT address hold, which is a disaster!

Thanks for clarification... and yes, that is a much uglier situation. :/

[ninjarobot]

I expect something like this:

• 2nd financial report is delayed for release considering the unsatisfactory performance of AM.
• 3rd financial report is being developed now. It is expected to become a mature report in Feb 2014

[friedcat]

Financial Reports

Balance Sheet (Public Version): https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdDlHek0tem01M2IzSnhDUjBHbWI4dmc&usp=sharing

Cashflow (Public Version): https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdDh0enIxT0pycEVkZ2h6TE1BZ0dZd0E&usp=sharing

Income (Public Version): https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdExaZzlQMXhwNl83Y2JlM19zeEpTa1E&usp=sharing
  with Expense Listings (Public Version): https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdERwbENzbDFvMWpHWEVSOWpoc2dlVGc&usp=sharing

[Franktank]

Income (Public Version): https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdExaZzlQMXhwNl83Y2JlM19zeEpTa1E&usp=sharing
  with Expense Listings (Public Version): https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdERwbENzbDFvMWpHWEVSOWpoc2dlVGc&usp=sharing

Friedcat,

If possible, could you clarify the "net income per share" in the 'Income' document? Is that to come? Previous payments? I've kept track of every dividend payment and we've reached 0.59/share. Are the expenses deducted from the net income columns? Thanks again for compiling all this.

[data]

Hi Friedcat,

I was also hoping for a bit of information rather than just historic information that is not really all that surprising? Where in the development of the 2nd 2ndgen are we? I see 200k of NRE in the budget. Is that for tape-out for the new ones or for the old 2nd-gen?

[tehelsper]

Hi Friedcat,

I was also hoping for a bit of information rather than just historic information that is not really all that surprising? Where in the development of the 2nd 2ndgen are we? I see 200k of NRE in the budget. Is that for tape-out for the new ones or for the old 2nd-gen?

I think it's over the last quarter or since the last statement. Havelock shows the last 15 dividends (~4 months) equal to .2049.

[asdfghj]

My takehome message from this is asicminer's income was 2 orders of magnitude higher than expense this quarter. (And they get really cheap electricity.)

[Franktank]

I think it's over the last quarter or since the last statement. Havelock shows the last 15 dividends (~4 months) equal to .2049.

We'll need further clarification on this. It states mining income of 33k BTC on income link but I've been monitoring the mining wallet address and from the beginning of July to the end of August shows a mining income of 65.7k BTC.

[ex-trader]

These statements need a lot more work to be useful.

Stating accounts in 3 different currencies and not cross-translating, means there's no single overall picture. Not hard to do the maths, it really should be presented that way.

The income and expenses statement - what period does this cover? (1 day, 1 week, 1 month) and what are the historic comparables?

What is really needed is a simple balance sheet, with all of it translated into BTC and a proper income and expense time series, perhaps showing weeks, months or quarters. Showing this graphically would make it really easy to see.

None of this is difficult, but given the long-awaited release this is not great quality information. Where is the professional accountant or the PR person - both seem absent to me......

[velacreations]

I was also hoping for a bit of information rather than just historic information that is not really all that surprising? Where in the development of the 2nd 2ndgen are we? I see 200k of NRE in the budget. Is that for tape-out for the new ones or for the old 2nd-gen?

why were you expecting that information?

[velacreations]

Where is the professional accountant or the PR person - both seem absent to me......

does AM employ either?

[data]

I was also hoping for a bit of information rather than just historic information that is not really all that surprising?

why were you expecting that information?

Hope != expect

[dexX7]

I also hoped for an actual update and the immersion cooling video. But given the fact that an earlier update stated that funds for a 40 nm mask are collected and NRE costs of  $ 210,119.50 were shown, I call this good news. - Gen 2 seems to be already in progress.

[Pompobit]

I also hoped for an actual update and the immersion cooling video. But given the fact that an earlier update stated that funds for a 40 nm mask are collected and NRE costs of  $ 210,119.50 were shown, I call this good news. - Gen 2 seems to be already in progress.

*

[lophie]

Thank you FC, So guys is this what we were expecting? information that we already know?

[bitcoin.newsfeed]

Thank you FC, So guys is this what we were expecting? information that we already know?

No. I mean ... OK its kinda financial report ... but ... seems like Friedcat doesn't give a shit about what we are writing in this thread anymore. In past days we had a shitload of rumors here, and also its end of October.

[ex-trader]

Where is the professional accountant or the PR person - both seem absent to me......

does AM employ either?

There were long-time repeated claims that AM was getting both....

[San1ty]

Thank you FC, So guys is this what we were expecting? information that we already know?

Look at the share price dropping like a rock