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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901528 times)
empoweoqwj
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January 21, 2014, 08:22:50 AM
 #16521

Also, unfortunately...  We went to order some random cables from China this week and today they told us they were taking off for their holiday (Chinese New Year).  They said they'd be back in the office Feb 8th.  This may apply to many of the suppliers and services they may need to use in the next few weeks.  So they might not only be able to start working mid-Feb.  But... Again, I have no idea what I'm talking about, just going from common sense really.
Right. Manufacturers will close for 3-7days in the Chinese New Year. That's the legal holiday week.

Doesn't stop them working now though. And you can't force people not to work at "legal holiday" time. I'm sure FC is more interested in making millions that taking 7 days off.
So, I said 3-7days. It depends on FC's management idea and the impetus of employee. A big rest before the real battle is just reasonable.
Calm down. Don't let our imagination run wild.

I'm not worried. I'm suggesting that AM are working, not taking extended vacations just because some random cable supplying company in China gives a bs excuse about not being able to deliver on time - the two are completely unconnected Smiley

I know lots of Chinese people in Thailand .... they take a couple of days off - certainly don't stop work for a month Smiley
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empoweoqwj
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January 21, 2014, 08:26:54 AM
 #16522

One thing I do think though is I always presumed this current share prize "boom" was based on some inside info about the tapeout. Seemed rational to me....

If that isn't the case, and it was simply people seeing the 20th January date looming nearer and pour money back into AM, then I can only conclude:

a) Some people are real dumbasses, and
b) If FC doesn't issue a statement before Friday, the share price will be back to 0.50 or lower without a problem by the weekend
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January 21, 2014, 09:20:50 AM
 #16523

all we can do is wait for some more info.

do you guys rly think there is that there is so much *insider only*info going on
empoweoqwj
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January 21, 2014, 09:23:22 AM
 #16524

all we can do is wait for some more info.

do you guys rly think there is that there is so much *insider only*info going on

History tells us yes, AM info leaks out via "webgirls" and resellers before it reaches this "official" forum.
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January 21, 2014, 09:25:47 AM
 #16525

all we can do is wait for some more info.

do you guys rly think there is that there is so much *insider only*info going on

History tells us yes, AM info leaks out via "webgirls" and resellers before it reaches this "official" forum.

dam i guess i have to keep an eye out, on more than just posts from FC
empoweoqwj
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January 21, 2014, 09:32:55 AM
 #16526

all we can do is wait for some more info.

do you guys rly think there is that there is so much *insider only*info going on

History tells us yes, AM info leaks out via "webgirls" and resellers before it reaches this "official" forum.

dam i guess i have to keep an eye out, on more than just posts from FC

The thing is you have to know to where to look, and reading Mandarin is a definite bonus as well. No wonder we all feel so "left behind" - in the end, we just tend to get the info 2nd-hand from Chinese forum members here kind enough to pass the info on. ASICMINER said they would employ a "PR person" .... at least 3 months ago. So far, zippo.
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January 21, 2014, 09:39:32 AM
 #16527

all we can do is wait for some more info.

do you guys rly think there is that there is so much *insider only*info going on

History tells us yes, AM info leaks out via "webgirls" and resellers before it reaches this "official" forum.

dam i guess i have to keep an eye out, on more than just posts from FC

The thing is you have to know to where to look, and reading Mandarin is a definite bonus as well. No wonder we all feel so "left behind" - in the end, we just tend to get the info 2nd-hand from Chinese forum members here kind enough to pass the info on. ASICMINER said they would employ a "PR person" .... at least 3 months ago. So far, zippo.

I disagree with the assumption of insider trading. Many times before updates we have seen a sudden price increase even when the news is not spectacular. For example last update we saw the price jump and after the update fall back down and people claimed insider trading then too.
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January 21, 2014, 09:55:07 AM
 #16528

I'm sure FC is more interested in making millions that taking 7 days off.
I'm sorry, but this post is a bit... silly.

Of course the CEO wants to make more money... but unless every single employee is a shareholder, of course they are going to take a vacation, given the chance!

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empoweoqwj
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January 21, 2014, 10:05:07 AM
 #16529

I'm sure FC is more interested in making millions that taking 7 days off.
I'm sorry, but this post is a bit... silly.

Of course the CEO wants to make more money... but unless every single employee is a shareholder, of course they are going to take a vacation, given the chance!

We know the number of "core staff" at ASICMINER is very small. All I'm saying is I very much doubt they will be taking a week off at such a pivotal point in time. Entrepreneurs don't work like that in my experience, they are driven.

The factory staff are probably doing nothing at this stage, its not like there are any chips to manufacture or package. So sure, they could probably take the next 2 months off and nobody would notice.
empoweoqwj
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January 21, 2014, 10:06:48 AM
 #16530

all we can do is wait for some more info.

do you guys rly think there is that there is so much *insider only*info going on

History tells us yes, AM info leaks out via "webgirls" and resellers before it reaches this "official" forum.

dam i guess i have to keep an eye out, on more than just posts from FC

The thing is you have to know to where to look, and reading Mandarin is a definite bonus as well. No wonder we all feel so "left behind" - in the end, we just tend to get the info 2nd-hand from Chinese forum members here kind enough to pass the info on. ASICMINER said they would employ a "PR person" .... at least 3 months ago. So far, zippo.

I disagree with the assumption of insider trading. Many times before updates we have seen a sudden price increase even when the news is not spectacular. For example last update we saw the price jump and after the update fall back down and people claimed insider trading then too.

The price has doubled in the last two weeks. If that is people just waiting for the 20th, then they are dumb schmucks. They should have just bought on the 10th and saved themselves 50%
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January 21, 2014, 02:16:54 PM
 #16531

The price has doubled in the last two weeks. If that is people just waiting for the 20th, then they are dumb schmucks. They should have just bought on the 10th and saved themselves 50%

The best time to plant a tree is 50 years ago. The second best time is today.
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January 21, 2014, 03:43:39 PM
 #16532

The price has doubled in the last two weeks. If that is people just waiting for the 20th, then they are dumb schmucks. They should have just bought on the 10th and saved themselves 50%

The best time to plant a tree is 50 years ago. The second best time is today.

not if the tree will be cut down for a parking lot in the next 2 years.

AFAIC, asicminer has not given nay info or suggestions about the next gen and unless they do something soon they will be the netscape of bitcoin mining.

24" PCI-E cables with 16AWG wires and stripped ends - great for server PSU mods, best prices https://bitcointalk.org/index.php?topic=563461
No longer a wannabe - now an ASIC owner!
Rival
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January 21, 2014, 03:51:58 PM
 #16533

The price has doubled in the last two weeks. If that is people just waiting for the 20th, then they are dumb schmucks. They should have just bought on the 10th and saved themselves 50%

The best time to plant a tree is 50 years ago. The second best time is today.

not if the tree will be cut down for a parking lot in the next 2 years.

AFAIC, asicminer has not given nay info or suggestions about the next gen and unless they do something soon they will be the netscape of bitcoin mining.

I see this as a false dichotomy. AM can certainly tell no one anything and still produce gen3 chips, deploy massive Phash, and capture 20% of the global hash, and at the same time produce millions for investors in hardware sales. You cannot simply equate a lack of communication with a lack of results. That would be irrational.
empoweoqwj
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January 21, 2014, 04:09:31 PM
 #16534

The price has doubled in the last two weeks. If that is people just waiting for the 20th, then they are dumb schmucks. They should have just bought on the 10th and saved themselves 50%

The best time to plant a tree is 50 years ago. The second best time is today.

Waiting for news and reacting to that news by buying / selling is a perfectly decent strategy.
But waiting for a specific date and reacting to that date, is just plain dumb. Especially when sod all happened on that date Wink
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January 21, 2014, 04:14:08 PM
 #16535

Like everyone here... I would love a quick update from friedcat. Around now would be a good time...
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January 21, 2014, 04:36:45 PM
 #16536

not strictly AM related, but still a good read:

http://www.datacenterknowledge.com/archives/2014/01/21/bitcoin-infrastructure-mining-data-center/

empoweoqwj
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January 21, 2014, 04:39:05 PM
 #16537

Like everyone here... I would love a quick update from friedcat. Around now would be a good time...

Especially since last fc post was 10th December Sad
freedomno1
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January 21, 2014, 04:40:19 PM
 #16538

Like everyone here... I would love a quick update from friedcat. Around now would be a good time...

Especially since last fc post was 10th December Sad

Assumes we shall wait in suspense till the day after dividends but who knows its around the general time right now
mc_lovin
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January 21, 2014, 08:45:54 PM
 #16539

Also a lot of the hardware they have put out has seen different revisions.  I think the USBs went through a few different versions before the Sapphire release which rocked, even the Cube that came out has different revs of miniblades...  Even the firmware on the Cube takes time to put together.  This is new gen to them, so I don't think they'll be able to hammer off boards this weekend but they will probably be pushing as hard as they can.  I know that when I buy a next gen Block Erupter I'll want it to be thoroughly tested and tuned!

Also, unfortunately...  We went to order some random cables from China this week and today they told us they were taking off for their holiday (Chinese New Year).  They said they'd be back in the office Feb 8th.  This may apply to many of the suppliers and services they may need to use in the next few weeks.  So they might not only be able to start working mid-Feb.  But... Again, I have no idea what I'm talking about, just going from common sense really.

I'm loving the name, mc_lovin, one of my favorite films, but I'm not sure what "ordering some random cables from China" has to do with AM working on next-gen chips. I humbly suggest the two are not connected. I'd also suggest you get your cables elsewhere because your "cable guys" are pulling a fast one Wink

I'm just saying that there are probably a lot of little parts to order and they may have difficulties at this time to obtain them.  I'm not saying because this one company is taking 3 weeks off that everyone will.  I'm just saying maybe, there may be delays in the next little while.  Apparently officially it's Jan31st and lasts for about a week.  I'm not Chinese, I don't live there or study their culture, just that there are companies shutting down early, some working right through, who the hell knows.  But tapeout = Jan 20th does not equal a shipping product.  The key point of my pointless post was that mid-February is the EARLIEST you can expect something.  I would say March. 

bitcoin.newsfeed
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January 21, 2014, 08:59:32 PM
 #16540

I see this as a false dichotomy. AM can certainly tell no one anything and still produce gen3 chips, deploy massive Phash, and capture 20% of the global hash, and at the same time produce millions for investors in hardware sales. You cannot simply equate a lack of communication with a lack of results. That would be irrational.

You're forgetting about one thing : human greed. Have you been paying attention on Chinese mining mafia? "Discus Fish" pool for example? Sure they can produce millions ... for themselves. Why they need to produce millions for so called "investors"? They don't need our money anymore. We're redundant here. Maybe even a burden. And they're proving it every day with their non-existing PR.

edit : again ...we're waiting months for 20th January 2014 ... and its 21st now and nobody from company don't have a time to come here and write few words for us. Seems like they don't give a shit about us and yes I am pissed off.

... Question Everything, Believe Nothing ...
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