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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901528 times)
CanaryInTheMine
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January 26, 2014, 04:56:19 AM
 #16641

Has anyone tried just emailing friedcat and asking what's up?

I do it often with no responses.  fc changed completely awhile back in terms of communication.  don't know the reason. very strange.

on bitmain: the U1, in my opinion is made in the same factory that the ASICMiner USB was made in.  Some of the tiny physical aspects/details of the U1 and ASICMiner USB are IDENTICAL.

If I had to guess, I think the simplest explanation for what's going is: fc and ASICMiner had some sort of a revolt occur and a split occurred.  it wouldn't surprise me one bit if this was true.  But this is just SPECULATION on my part.  nothing more nothing less.


That's interesting about the split... but I am surprised that you think that is the simplest explanation!
based on my reference point... I know I do not have all the info, so it could be 100% wrong too.

I do know that ASICMiner Gen2 was 65nm, not 55 as what bitmain uses.   
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January 26, 2014, 04:58:07 AM
 #16642

Has anyone tried just emailing friedcat and asking what's up?

I do it often with no responses.  fc changed completely awhile back in terms of communication.  don't know the reason. very strange.

on bitmain: the U1, in my opinion is made in the same factory that the ASICMiner USB was made in.  Some of the tiny physical aspects/details of the U1 and ASICMiner USB are IDENTICAL.

If I had to guess, I think the simplest explanation for what's going is: fc and ASICMiner had some sort of a revolt occur and a split occurred.  it wouldn't surprise me one bit if this was true.  But this is just SPECULATION on my part.  nothing more nothing less.


Interesting. With lack of communication we have nothing else to do but speculate.

How about this for idle speculation. FC started getting worried that everyone was a spy from a competing mining company and felt that he could trust no one. Hence the drop in communication. Maybe gen2 chip designs were indeed stolen and the paranoia is justified. I could see myself going slowly crazy this way in his position.
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January 26, 2014, 04:59:55 AM
 #16643

Has anyone tried just emailing friedcat and asking what's up?

I do it often with no responses.  fc changed completely awhile back in terms of communication.  don't know the reason. very strange.

on bitmain: the U1, in my opinion is made in the same factory that the ASICMiner USB was made in.  Some of the tiny physical aspects/details of the U1 and ASICMiner USB are IDENTICAL.

If I had to guess, I think the simplest explanation for what's going is: fc and ASICMiner had some sort of a revolt occur and a split occurred.  it wouldn't surprise me one bit if this was true.  But this is just SPECULATION on my part.  nothing more nothing less.


Interesting. With lack of communication we have nothing else to do but speculate.

How about this for idle speculation. FC started getting worried that everyone was a spy from a competing mining company and felt that he could trust no one. Hence the drop in communication. Maybe gen2 chip designs were indeed stolen and the paranoia is justified. I could see myself going slowly crazy this way in his position.
don't think so
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January 26, 2014, 05:01:23 AM
 #16644

Has anyone tried just emailing friedcat and asking what's up?

I do it often with no responses.  fc changed completely awhile back in terms of communication.  don't know the reason. very strange.

on bitmain: the U1, in my opinion is made in the same factory that the ASICMiner USB was made in.  Some of the tiny physical aspects/details of the U1 and ASICMiner USB are IDENTICAL.

If I had to guess, I think the simplest explanation for what's going is: fc and ASICMiner had some sort of a revolt occur and a split occurred.  it wouldn't surprise me one bit if this was true.  But this is just SPECULATION on my part.  nothing more nothing less.


Interesting. With lack of communication we have nothing else to do but speculate.

How about this for idle speculation. FC started getting worried that everyone was a spy from a competing mining company and felt that he could trust no one. Hence the drop in communication. Maybe gen2 chip designs were indeed stolen and the paranoia is justified. I could see myself going slowly crazy this way in his position.
don't think so

Haha ok. I am just kidding around anyway.
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January 26, 2014, 05:05:38 AM
 #16645

Has anyone tried just emailing friedcat and asking what's up?

I do it often with no responses.  fc changed completely awhile back in terms of communication.  don't know the reason. very strange.

on bitmain: the U1, in my opinion is made in the same factory that the ASICMiner USB was made in.  Some of the tiny physical aspects/details of the U1 and ASICMiner USB are IDENTICAL.

If I had to guess, I think the simplest explanation for what's going is: fc and ASICMiner had some sort of a revolt occur and a split occurred.  it wouldn't surprise me one bit if this was true.  But this is just SPECULATION on my part.  nothing more nothing less.


Might explain why Gen2 mysteriously "never happened", certainly a good as guess as any. Because like everyone says, all we can do is guess. Hopefully the team is now "100% together" and can move forward in harmony.

Whether there was a split or whatever, it certainly doesn't stop fc from entering into some simple communication on this forum. "Tapeout happened on schedule" or "Tapeout delayed until 30th January". How hard is that to post?
CanaryInTheMine
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January 26, 2014, 06:17:10 AM
 #16646

Has anyone tried just emailing friedcat and asking what's up?

I do it often with no responses.  fc changed completely awhile back in terms of communication.  don't know the reason. very strange.

on bitmain: the U1, in my opinion is made in the same factory that the ASICMiner USB was made in.  Some of the tiny physical aspects/details of the U1 and ASICMiner USB are IDENTICAL.

If I had to guess, I think the simplest explanation for what's going is: fc and ASICMiner had some sort of a revolt occur and a split occurred.  it wouldn't surprise me one bit if this was true.  But this is just SPECULATION on my part.  nothing more nothing less.


Might explain why Gen2 mysteriously "never happened", certainly a good as guess as any. Because like everyone says, all we can do is guess. Hopefully the team is now "100% together" and can move forward in harmony.

Whether there was a split or whatever, it certainly doesn't stop fc from entering into some simple communication on this forum. "Tapeout happened on schedule" or "Tapeout delayed until 30th January". How hard is that to post?
With the Chinese New Year, I doubt there will be any posts for the duration of it.
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January 26, 2014, 07:54:17 AM
 #16647

How about this for idle speculation. FC started getting worried that everyone was a spy from a competing mining company and felt that he could trust no one. Hence the drop in communication. Maybe gen2 chip designs were indeed stolen and the paranoia is justified. I could see myself going slowly crazy this way in his position.

former business partners or team members taking AM's design and selling products with new chips under another name.
not to forget Bitmain's no-preorder policy (what a coincidence  Lips sealed):
Quote
We created a myth in bitcoin community: no pre-orders, shipping on time, even pre- shipping.  We are earning more and more trust from worldwide customers.
...created a myth...more and more trust...welcome to AM's business model - oh the irony

well, sounds not too much like scraping the bottom of an empty barrel in my ears.
this whole mining business is like the goldrush all over again and a lot of shenanigans are going on as seen with other companies.


after chinese new year and (hopefully) successful tapeout it's defintively time for a board meeting with Q&A and an update to all shareholders to get back to old strengths and shed some light on these assumptions & future plans for 2014.
to quote fc's words:
PR & Communications
We understand that transparency and communication to shareholders and the public needs improvement. We are in the process of identifying a dedicated employee for this. We will issue bi-weekly reports for shareholders and improve response time for questions.

while being in this doubtful mood i have to add it once again:
if AM plans on selling branded products for the endconsumer market on a larger scale in the future,
with growing competition the lack of a website is really starting to disappoint me.
(bitmain, knc, cointerra...every company has a site with shopsystem and partly a support forum while by contrast AM relies on scattered resellers, a facebook page and bitcointalk threads. as long as it works that way...good, but for how long?).

oh and by the way, what happened to the planned Blockchain-based exchange?

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January 26, 2014, 09:10:57 AM
 #16648

Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?
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January 26, 2014, 09:46:27 AM
 #16649

Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?

afaik the facebook page is the only remaining official web presence. (asicminer.co & asicminer.info is down since a while now)
chinese year ends 31st January, let's see what the year of the horse has up its sleeves for the cat.

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January 26, 2014, 10:44:14 AM
 #16650

Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?

THe festivities last for 15 days.
http://www.infoplease.com/spot/chinesenewyear1.html

And importantly starts on 31st January .... so we are talking mid-feb, great ...

Still beggars belief FC can't post anything during CNY though. Its not a crime in China to post to forums during festive season I presume? Smiley
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January 26, 2014, 02:51:15 PM
 #16651

Share price currently collapsing. Now there's a shock.
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January 26, 2014, 03:09:33 PM
 #16652

Share price currently collapsing. Now there's a shock.

No wonder as the cat isn't bothered to post any update. I also dunno if I shall buy more or sell all...
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January 26, 2014, 03:38:08 PM
 #16653

Didn't even know they had a facebook page, lol

Not sure how much they are planning on selling to end users to be honest, but who knows anything about their plans these days.

When does Chinese New Year end officially?

THe festivities last for 15 days.
http://www.infoplease.com/spot/chinesenewyear1.html

And importantly starts on 31st January .... so we are talking mid-feb, great ...

Still beggars belief FC can't post anything during CNY though. Its not a crime in China to post to forums during festive season I presume? Smiley

Traditionally Chinese will have a fifteen days holiday for the spring festival. But that is only true for the old time rural part of China. However for the big cities like Shenzhen, which has a pro business culture, people will have a one week long holiday. Some aggressive business men will have a even short holiday. As long as FC is really wan two produce some thing, I don't think he couldn't find anyone to do it in time.
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January 26, 2014, 03:46:39 PM
 #16654

Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110
Posting on the 14th: https://bitcointalk.org/index.php?topic=99497.msg1527549#msg1527549
Posting on the 15th: https://bitcointalk.org/index.php?topic=99497.msg1529563#msg1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?

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January 26, 2014, 04:07:43 PM
 #16655

Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110
Posting on the 14th: https://bitcointalk.org/index.php?topic=99497.msg1527549#msg1527549
Posting on the 15th: https://bitcointalk.org/index.php?topic=99497.msg1529563#msg1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?

Quite clearly because his mindset has changed, and the best guess is because his company has been split apart. You can detect that in all kinds of ways. Reduced frequency of official posts, reduced frequency of responses to emails, failing to produce Gen2 hardware at all (which has killed dividends for six months), other people producing hardware amazingly similar to his, not introducing a PR person when he said he would, not producing a blockchain-based exchange when he said he would ..... something has clearly gone badly wrong at ASICMINER. But he's never once alluded to the real reasons for such delays and problems. Just given out excuses. Time to sell I'm afraid. I'd rather have something than nothing.
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January 26, 2014, 04:10:47 PM
 #16656

Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110
Posting on the 14th: https://bitcointalk.org/index.php?topic=99497.msg1527549#msg1527549
Posting on the 15th: https://bitcointalk.org/index.php?topic=99497.msg1529563#msg1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?

Quite clearly because his mindset has changed, and the best guess is because his company has been split apart. You can detect that in all kinds of ways. Reduced frequency of official posts, reduced frequency of responses to emails, failing to produce Gen2 hardware at all (which has killed dividends for six months), other people producing hardware amazingly similar to his, not introducing a PR person when he said he would, not producing a blockchain-based exchange when he said he would ..... something has clearly gone badly wrong at ASICMINER. But he's never once alluded to the real reasons for such delays and problems. Just given out excuses. Time to sell I'm afraid. I'd rather have something than nothing.

anyone tried to ask BITMAIN if they had any relations with AM?
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January 26, 2014, 04:23:07 PM
 #16657

Did you see friedcat crying last year about the new year holiday? I don't think he even so much as mentioned it, while carrying right on posting updates:

2013: Sunday, February 10, Snake

Posting on the 7th: https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110
Posting on the 14th: https://bitcointalk.org/index.php?topic=99497.msg1527549#msg1527549
Posting on the 15th: https://bitcointalk.org/index.php?topic=99497.msg1529563#msg1529563

After that I got bored but it's quite plain friedcat has worked right through a chinese new year before so why wouldn't he again?

Quite clearly because his mindset has changed, and the best guess is because his company has been split apart. You can detect that in all kinds of ways. Reduced frequency of official posts, reduced frequency of responses to emails, failing to produce Gen2 hardware at all (which has killed dividends for six months), other people producing hardware amazingly similar to his, not introducing a PR person when he said he would, not producing a blockchain-based exchange when he said he would ..... something has clearly gone badly wrong at ASICMINER. But he's never once alluded to the real reasons for such delays and problems. Just given out excuses. Time to sell I'm afraid. I'd rather have something than nothing.

anyone tried to ask BITMAIN if they had any relations with AM?


If they stole AM's IP they wouldn't admit it.
If FC secretly set up this 2nd company he wouldn't admit it.
Blind alley.
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January 26, 2014, 05:02:02 PM
 #16658

We will not see any updates until new year has passed ,
FC never promised updates , he just told us the approximate date for tape-out , so chill out for 2-3 weeks

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January 26, 2014, 05:04:56 PM
 #16659

We will not see any updates until new year has passed ,
FC never promised updates , he just told us the approximate date for tape-out , so chill out for 2-3 weeks

He did in fact promise bi-weekly updates. If bi-weekly means twice per week or every two weeks, is up for interpretation. But neither happened anyway.
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January 26, 2014, 05:21:27 PM
 #16660

We will not see any updates until new year has passed ,
FC never promised updates , he just told us the approximate date for tape-out , so chill out for 2-3 weeks

He did in fact promise bi-weekly updates. If bi-weekly means twice per week or every two weeks, is up for interpretation. But neither happened anyway.

Bi-weekly I'm pretty sure means "every 2 weeks' but since he hasn't posted for nearly 7 weeks now, you are right, neither has happened. And its got nothing to  do with the Chinese New Year which hasn't even happened yet.
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