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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901408 times)
Chris_Sabian
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November 14, 2013, 04:16:56 PM
 #14981

OFFER EXTENDED, BETTER INSTRUCTIONS ADDED

G.ASICMINER & AM100 (TAT.ASICMINER) Conversion Offers
(Limited Time Only, Ends Nov. 22, 2013)
With Bitfunder blocking US citizens, requiring ID verification, and not allowing exports unless you have 250 shares, we know some of you feel stuck and are looking for options. Below are two new, temporary services we are offering.

We have decided to offer a limited-time service to convert your G.ASICMINER shares into AM100 (Havelock), AM1 (Havelock), or Direct Shares. These are fee-based services that require 5 microshares in fees per whole-share (or you can use whole shares to cover the fees for larger conversions).

There is no fee to convert G.ASICMINER to AM100 (fractional shares), but please note that AM100 shares carry a 5% management fee on dividends.

Additionally, we will be offering AM100 or TAT.ASICMINER shareholders a temporary service to convert their shares into AM1 or Direct Shares for the same fees.


Example #1: You have 10 G.ASICMINER shares, but you want to convert them to AM100 fractional shares. Pay no fees, simply push your G.ASICMINER shares to TATInvestments and email us according to the "G.ASIC > AM100" instructions below.

Example #2: You have 10 G.ASICMINER shares, but you want to convert them to direct shares. Push the 10 G.ASICMINER shares plus 50 TAT.ASICMINER shares (or AM100) to TATInvestments, and follow the "G,ASIC > Direct" instructions below.

Example #3: You have 1000 AM100 shares, but you want to convert them to AM1 shares. Transfer 1050 AM100 shares back to the issuer, and email us according to the "AM100 > Direct" directions below.



The following limitations apply:
1. You must initiate each conversion request before November 22, 2013.
2. Due to many requests, your migration might take anywhere from 1-9 days to process.
3. Beginning Nov. 22nd, these temporary services will be discontinued.
4. We can make no guarantees that Bitfunder or Havelock will not impose additional limitations on trading in the future.



G.ASICMINER TRANSFER OPTIONS

How to Convert G.ASICMINER Shares to AM100: (FREE SERVICE)
 1. Push the amount of shares to the issuer account on Bitfunder: TATInvestments
 2. Make the subject of your email: "G.ASIC > AM100"
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Bitfunder account name (not email),
  - Bitfunder public wallet address
  - Quantity of shares pushed
  - Havelock registered email address

How to Convert G.ASICMINER Shares to AM1: (Fee-based Service, 5 microshares per whole-share)
 1. Push the amount of shares to the issuer account on Bitfunder: TATInvestments
 2. Make the subject of your email: "G.ASIC > AM1"
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Bitfunder account name (not email),
  - Bitfunder public wallet address
  - Quantity of shares pushed
  - Havelock registered email address

How to Convert G.ASICMINER Shares to Direct Shares with Friedcat: (Fee-based Service, 5 microshares per whole-share)
 1. Push the amount of shares to the issuer account on Bitfunder: TATInvestments
 2. Make the subject of your email: "G.ASIC > Direct"
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Bitfunder account name (not email),
  - Bitfunder public wallet address
  - Quantity of shares pushed
  - Email address you want registered with Friedcat
  - Wallet address you want registered with Friedcat


AM100/TAT.ASICMINER TRANSFER OPTIONS

How to Convert Your AM100 (or TAT.ASICMINER) Shares to AM1: (Fee-based Service, 5 microshares per whole-share)
 1. Using the Transfer feature, push the AM100 (or TAT.ASICMINER) shares back to the issuer account. They must be a 105:1 ratio, this means the minimum is 105 AM100 or TAT.ASICMINER shares.
 2. Make the subject of your email: "AM100 > AM1"
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Havelock-registered email address
  - Quantity of shares pushed

How to Convert Your AM100 (or TAT.ASICMINER) Shares to Direct Shares with Friedcat (Fee-based Service, 5 microshares per whole-share)
 1. Using the Transfer feature, push the AM100 (or TAT.ASICMINER) shares to the issuer account. They must be a 105:1 ratio, this means the minimum is 105 AM100 or TAT.ASICMINER shares.
 2. Make the subject of your email: "AM100 > Direct"
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Account name
  - Quantity of shares pushed
  - Email address you want registered with Friedcat
  - Wallet address you want registered with Friedcat

How to Convert Your TAT.ASICMINER on Bitfunder to AM100 Shares on Havelock (FREE SERVICE)
 1. Make the subject of your email: "TAT.AM BF"
 2. Push the amount of shares to the issuer account on Bitfunder: TATInvestments by using the Transfer feature while logged in to bitfunder.com
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Bitfunder account name (not email)
  - Bitfunder public wallet address
  - Quantity of shares
  - Havelock registered email address


Do NOT send your request more than once, and do NOT include multiple requests in one email.

Conversions will be transferred in batches, and confirmations will ONLY be sent after each batch. Do NOT send emails requesting updates.

NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. TAT Investments is not responsible for any limitations or discontinuations of services or access to liquidity imposed by the host exchanges.

I used this service to transfer my AM100 shares from Bitfunder to Havelock and it took about 3 days for the transfer to complete.  No problems at all.
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silverfuture
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November 14, 2013, 04:17:40 PM
 #14982

Repost from Speculation Thread:

an interesting article. read it with google translate.

http://bitell.sinaapp.com/show.php?tid=679

That is interesting. Thanks

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November 14, 2013, 04:56:48 PM
 #14983

FC could be like Netflix CEO. Despite going against investor favor, at the end of the day, he's right.
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November 14, 2013, 05:11:48 PM
 #14984

This looks familiar: http://www.datacenterknowledge.com/archives/2013/11/13/3m-immersion-cooling/

Also related: http://hardware.slashdot.org/story/13/11/14/1635258/new-approach-to-immersion-cooling-powers-hpc-in-a-high-rise

 Cool
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November 14, 2013, 05:15:07 PM
 #14985

Now all I need is a conversion for this ASICMINER passthrough... I dunno if there's enough demand for that service though. https://litecoininvest.com/security/ASICMINER1K-PT

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November 14, 2013, 05:47:40 PM
 #14986

How to Convert G.ASICMINER Shares to Direct Shares with Friedcat: (Fee-based Service, 5 microshares per whole-share)
what exactly am I paying for here? I thought that was the default option anyway.
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November 14, 2013, 06:00:05 PM
 #14987

How to Convert G.ASICMINER Shares to Direct Shares with Friedcat: (Fee-based Service, 5 microshares per whole-share)
what exactly am I paying for here? I thought that was the default option anyway.

It's an optional service to convert your shares now, rather than whenever the issuer passes them to Friedcat as direct.

Be it for peace of mind, or any other thing you might want to do with your shares once they are out, we're just offering options.
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November 14, 2013, 07:36:26 PM
 #14988

Correct me if i am wrong... but there has ALWAYS been a 5% fee on AM100 right?  Why are people complaining now... TAT has been doing A LOT of work lately to manage this whole mess...

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November 14, 2013, 07:45:44 PM
 #14989

Correct me if i am wrong... but there has ALWAYS been a 5% fee on AM100 right?  Why are people complaining now... TAT has been doing A LOT of work lately to manage this whole mess...

He's complaining about the one time 5% fee on total value transferred. Which is admittedly steep. 

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November 14, 2013, 08:00:49 PM
 #14990

How to Convert G.ASICMINER Shares to Direct Shares with Friedcat: (Fee-based Service, 5 microshares per whole-share)
what exactly am I paying for here? I thought that was the default option anyway.

It's an optional service to convert your shares now, rather than whenever the issuer passes them to Friedcat as direct.

Be it for peace of mind, or any other thing you might want to do with your shares once they are out, we're just offering options.

It worked out pretty good. I take back what I said. It's just stressful.. and thanks.
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November 14, 2013, 08:51:57 PM
 #14991

For those who could read Chinese, please find the latest update of FC's P2P exchange here.
http://bitell.sinaapp.com/show.php?tid=679
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November 14, 2013, 08:55:56 PM
 #14992

Correct me if i am wrong... but there has ALWAYS been a 5% fee on AM100 right?  Why are people complaining now... TAT has been doing A LOT of work lately to manage this whole mess...

He's complaining about the one time 5% fee on total value transferred. Which is admittedly steep. 
Roughly equivelant to the dividend increase from AM100 TO AM1.
seems reasonable to me. I just wish it had been offered a week earlier, before I sold most of my AM100 to buy AM1- at about 110:1  when  the dust settled.
It has been offered for quite some time now he just updated some things.

And I think people are complaining about the g.asicminer -> am100 -> direct  because g.asicminer shares will eventually be converted to direct but TAT is offering the opportunity to convert now for 5% fee which is not at all unreasonable. If I had to spend all day managing these transfers I sure as hell wouldn't do it for free.
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November 14, 2013, 09:30:29 PM
 #14993

not that I care but can fee be fixed or capped since managing 100 shares or 13 shares should require same human energy, or none if automatic
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November 14, 2013, 09:32:22 PM
 #14994

Not that I care but can you guys discuss all this in more relevant threads (exchange or pass-trough one)?

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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November 14, 2013, 09:45:28 PM
 #14995

not that I care but can fee be fixed or capped since managing 100 shares or 13 shares should require same human energy, or none if automatic

+1
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November 14, 2013, 11:06:11 PM
 #14996

For those who could read Chinese, please find the latest update of FC's P2P exchange here.
http://bitell.sinaapp.com/show.php?tid=679


Can we get a proper translation? Surely someone where speaks (I think mandarin?) Why the heck is asicminer not releasing this extremely pertinent information in English or at least paying someone on Amazon's mturk ten bucks to translate it?

Google translate:

Quote
OSE website is an auxiliary tool, showing OSE server's data. In the display, it may have dysfunction, inaccuracies and delays. It will not responsible for any damages caused thereby. It is true only in blockchain on records, which are used to track the OSE server transactions, and resolve disputes between users.

In addition to listing fees, OSE server does not charge any fees. And transactions and payments are free

User Guide
Using OSE, you do not log on. However, you will need a bitcoin wallet client or online wallet. Bitcoin address will be used as your identification ID. Issuing, trading, or managing virtual securities of all operations, is by sending a certain amount of money to a group of bits assigned to each virtual securities to achieve a specific address.
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November 15, 2013, 01:45:54 AM
 #14997

For those who could read Chinese, please find the latest update of FC's P2P exchange here.
http://bitell.sinaapp.com/show.php?tid=679


  Google Translate makes my head swim, but it looks as though this is a fairly ELIA5 description of trading with signed transactions. ActM must hate this news. The cat is nicely toasted.

  Any fluent chinese/english speakers who can translate should do so and be tipped generously! In fact there could be good money in bringing properly translated chinese BTC news to english language outlets in general!
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November 15, 2013, 03:45:29 AM
Last edit: November 15, 2013, 05:53:00 AM by BitThink
 #14998

For those who could read Chinese, please find the latest update of FC's P2P exchange here.
http://bitell.sinaapp.com/show.php?tid=679


Can we get a proper translation? Surely someone where speaks (I think mandarin?) Why the heck is asicminer not releasing this extremely pertinent information in English or at least paying someone on Amazon's mturk ten bucks to translate it?

Google translate:

Quote
OSE website is an auxiliary tool, showing OSE server's data. In the display, it may have dysfunction, inaccuracies and delays. It will not responsible for any damages caused thereby. It is true only in blockchain on records, which are used to track the OSE server transactions, and resolve disputes between users.

In addition to listing fees, OSE server does not charge any fees. And transactions and payments are free

User Guide
Using OSE, you do not log on. However, you will need a bitcoin wallet client or online wallet. Bitcoin address will be used as your identification ID. Issuing, trading, or managing virtual securities of all operations, is by sending a certain amount of money to a group of bits assigned to each virtual securities to achieve a specific address.

The mandarin version was translated from the English version, but it seems the English version is still not published and this one is a leak.
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November 15, 2013, 04:08:48 AM
Last edit: November 15, 2013, 05:55:34 AM by BitThink
 #14999

Some useful information:
Quote
除上市费用外,OSE服务器不收取任何费用。并且交易和支付都是免费的
OSE server charges nothing except for listing. Trading and depositing are both free.

Quote
使用OSE,您不需要登录。但是,您将需要一个比特币钱包客户端或者在线钱包。比特币地址将会作为你的识别ID。发行,交易,或管理虚拟证券的所有操作,都是通过发送一定量的比特币到一组分配给每个虚拟证券的特定地址中实现。
No registration and login are needed to use OSE, but a bitcoin wallet client or online wallet is required. The bitcoin address is used as your identity ID. Issuing, trading, or managing virtual stocks are all through sending a certain amount of bitcoins to a group of bitcoin addresses assigned to each virtual stock.

Quote
买入

每个虚拟证券将被绑定一个买入证券的比特币地址(买入地址)。想要用Y个比特币买入X份股票,则请发送X * Y + X * 0.00000001个比特币到买入地址进行挂单。
其中,X最大不能超过9999。并且Y必须是0.0001的倍数。例如,10.00000100代表以以0.1BTC的价格,购买100股。发送比特币的来源地址被称为买家地址。

买盘将会一直予以保留,直至被人全部吃掉,或者被买方取消。当交易部分或全部完成的时候,对应虚拟证券的股份数量将根据交易的数额而增加。这部分股份数将绑定到买方地址上。

当发送了X * Y + X * 0.00000001个比特币之后,X * 0.00000001的这部分比特币将会被立即返还。当订单被保留的时候,X * Y的这部分比特币将会被OSE服务器持有。当订单被执行,根据交易股票数的比特币将被发送给卖方。。如果订单取消,比特币将返还给买方。

Buying:

Each virtual stock will be bound with a bitcoin address for buying. To buy X shares with Y BTC each, please send X * Y + X * 0.00000001 BTC to the buying address. X cannot exceed 9999 and Y has to be dividable by 0.0001. For example, 10.00000100 represents to by 100 shares with 0.1 BTC each. The sending address is called 'buyer's address'.

The bid order will be kept until it's filled or cancelled. If the bid is filled partly or completely, the corresponding stock shares bound to buyers address will increase by the traded amount.

After sending X * Y + X * 0.00000001 BTC, the part of X * 0.00000001BTC will be returned immediately. When the order is in escrow, the part of X * Y will be held by the OSE server. When the order is executed, this part will be sent to the seller. It will be returned to buyer if the order is cancelled.  

Quote
卖出

每个虚拟证券将被绑定一个卖出证券的比特币地址(卖出地址)。想要用Y个比特币卖出X份股票,则请发送X * Y + X * 0.00000001个比特币到卖出地址进行挂单。
其中,X最大不能超过9999。并且Y必须是0.0001的倍数。例如,10.00000100代表以以0.1BTC的价格,卖出100股。发送比特币的来源地址被称为卖家地址。

卖盘将会一直予以保留,直至被人全部吃掉,或者被卖方取消。当交易部分或全部完成的时候,对应虚拟证券的股份数量将根据交易的数额而减少。这部分股份数绑定卖方的地址。

当发送了X * Y + X * 0.00000001个比特币之后,全部的比特币都将会被立即返还。当X股的卖单被保留,流通股中可用来被卖出或者转移的总数将会减少X股。当订单交易发生时,对应股份将会被转移至买方。如果取消挂单,可用于卖出的股份数将会重新更新。
Selling
Each virtual stock will be bound with a bitcoin address for selling. To sell X shares for Y BTC each, please send X * Y + X * 0.00000001 BTC to the selling address. X cannot exceed 9999 and Y has to be dividable by 0.0001. For example, 10.00000100 represents to sell 100 shares with 0.1 BTC each. The sending address is called 'seller's address'.

The ask order will be kept until it's filled or cancelled. If the ask is filled partly or completely, the corresponding stock shares bound to seller's address will decrease by the traded amount.

After sending X * Y + X * 0.00000001 BTC, all BTC will be returned immediately. When the order is in escrow, X shares of the stock will be removed from the market. When the order is executed, these shares will be transferred to the buyer. They will be returned to the market if the order is cancelled.

[By translator: It's kind of weird to require the seller to have 100 BTC first before they can sell their shares for 100BTC]


Quote
转移

每个虚拟证券都将绑定一个可以用来转移的地址(转移地址)。要转移X股,请发送任意数量(Y)的比特币到转移地址,并且发送X * 0.00000001个比特币到你想要的转移的地址(接收地址)。X最大不能超过9999。发送比特币的源地址被称为“发送人地址”。

当发送了Y个比特币之后,所有的比特币将有被立即送回。发送人地址中对应的股份数将会减少X股,而接收人的地址对应的股份数将增加X股。
Each virtual stock will be bound with a transfer address. To transfer X shares, please send any number (Y) of BTC to the transfer address and X * 0.00000001 BTC to the address you want to transfer (the receiving addess). X cannot exceeds 9999. The sending address is called 'Sender's address'

After sending Y BTC, all BTC will be returned and the sender's shares will decrease X and the receiver's will increase X.


Quote
提示
错误的格式

当发送给OSE地址的比特币指令在系统中没有相匹配的指令,也即格式错误,所发送的比特币将会立刻原路发回。


延迟

如果对应的交易没有达到6个或以上确认,则其对应的所有命令都将会被视为无效。考虑到平均每次确认有10分钟,这意味着识别和执行每个命令将需要大约一个小时。
Wrong format:
If OSE addresses received transactions are not recognized, all BTC will be sent back.

Delay:
All commands are not valid until there're 6 or more confirmations. Considering each confirmation takes 10 minutes in average, it means recognizing and executing each command will take about 1 hour.
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November 15, 2013, 04:18:10 AM
 #15000

http://www.aliexpress.com/store/product/Hot-sale-Friedcat-New-Generation-Box-Miner-38-GH-S-in-Stock-bitcoin-asic/340830_1480166646.html

is this worth it?

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