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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3901078 times)
rudi
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April 25, 2014, 12:37:52 PM
 #18801

We wanted to submit a few followup questions, I'm proposing the following, does anyone have amendments or critique?

- When can we expect the financial report that's supposed to coincide with the next round of dividends?
- With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
- What capacity of gen 3 hardware is supposed to be used for franchised mining?
- What are the current approximate terms of franchised mining, i.e. how is AM and the shareholders profiting from it?
- Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?

- Is AM considering a gen 3.1 which fixes the problems of the current node size before going to a lower nm process size (similar to Intel's tick-tock)?
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bitfair
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April 25, 2014, 01:07:03 PM
 #18802

Will AM operations face complications due to the unstable regulatory environment in China? If so, how are these complications being mitigated?

IIRC, friedcat already stated multiple times something in the lines of "We're facing no problems. If we do, we're flexible and shift our operation elsewhere, no problem at all"

As far as I remember, the previous comments were:
1) That Bitfountain would register on an island were there is a higher degree of "financial freedom" (but no confirmation of that actually having happened)
2) Made before it was clear that AM would need to exchange large sums into BTC to pay dividends
3) Made long before the recent bout of regulatory instability

So while it may have been addressed earlier (much, much earlier, if memory serves), I believe it's a pertinent question. Since the storm has worsened, I'd really just like to hear once again that it's all under control.
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April 25, 2014, 01:13:40 PM
 #18803

We wanted to submit a few followup questions, I'm proposing the following, does anyone have amendments or critique?

- When can we expect the financial report that's supposed to coincide with the next round of dividends?
- With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
- What capacity of gen 3 hardware is supposed to be used for franchised mining?
- What are the current approximate terms of franchised mining, i.e. how is AM and the shareholders profiting from it?
- Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?
- Is AM considering a gen 3.1 which fixes the problems of the current node size before going to a lower nm process size (similar to Intel's tick-tock)?

These are valid questions but the responses may be limited. Keep in mind that by disclosing info to shareholders, it gives the competition a minor edge as they do not have to.
mikemikemike
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April 25, 2014, 03:55:40 PM
 #18804

We wanted to submit a few followup questions, I'm proposing the following, does anyone have amendments or critique?

- When can we expect the financial report that's supposed to coincide with the next round of dividends?
- With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
- What capacity of gen 3 hardware is supposed to be used for franchised mining?
- What are the current approximate terms of franchised mining, i.e. how is AM and the shareholders profiting from it?
- Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?

no amendments as such, these are good questions.

when do you think you will be able to pose these to the board?
minerpumpkin
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April 25, 2014, 04:20:16 PM
 #18805

We wanted to submit a few followup questions, I'm proposing the following, does anyone have amendments or critique?

- When can we expect the financial report that's supposed to coincide with the next round of dividends?
- With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
- What capacity of gen 3 hardware is supposed to be used for franchised mining?
- What are the current approximate terms of franchised mining, i.e. how is AM and the shareholders profiting from it?
- Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?

no amendments as such, these are good questions.

when do you think you will be able to pose these to the board?

I'll guess I'm going to forward them in 1-2 hours, as I'll be out of town over the weekend and everyone who's interested and following this thread should've had the chance of replying by then  Smiley
I can't fathom when/if we'll get an answer, though. Especially since fc most likely is really really busy.

I should have gotten into Bitcoin back in 1992...
rudi
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April 25, 2014, 04:29:48 PM
 #18806

I'll guess I'm going to forward them in 1-2 hours, as I'll be out of town over the weekend and everyone who's interested and following this thread should've had the chance of replying by then  Smiley
I can't fathom when/if we'll get an answer, though. Especially since fc most likely is really really busy.

Thanks for forwarding the questions. This system has worked well in the past.
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April 25, 2014, 04:43:01 PM
 #18807

We wanted to submit a few followup questions, I'm proposing the following, does anyone have amendments or critique?

- When can we expect the financial report that's supposed to coincide with the next round of dividends?
- With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
- What capacity of gen 3 hardware is supposed to be used for franchised mining?
- What are the current approximate terms of franchised mining, i.e. how is AM and the shareholders profiting from it?
- Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?

no amendments as such, these are good questions.

when do you think you will be able to pose these to the board?

I'll guess I'm going to forward them in 1-2 hours, as I'll be out of town over the weekend and everyone who's interested and following this thread should've had the chance of replying by then  Smiley
I can't fathom when/if we'll get an answer, though. Especially since fc most likely is really really busy.

Thanks minerpumpkin could not think of any good questions this time but glad everyone else covered the ones I had Smiley

Edit: Changed mind question is covered
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April 25, 2014, 05:50:24 PM
 #18808

I've just submitted the following questions:

- When can we expect the financial report that's supposed to coincide with the next round of dividends?
- With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
- What capacity of gen 3 hardware is supposed to be used for franchised mining?
- What are the current approximate terms of franchised mining, i.e. what does it take to become a franchisee and how are AM and the shareholders profiting from it?
- Are there any current plans of improving the PR; maybe bi-weekly short summaries or a PR person (board member?)? Are question sets like this an option, maybe once a month?
- Is it feasible to create a "gen 3.5" with the consumption drawbacks fixed? With the consumption issue at hand, what is the timeframe for gen 4; are there any adjustments?
- After recent crackdowns on BTC exchanges in China, is AM still unaffected and are there strategies to continue operations in case of problems?

It think I've even incorporated all requests, please read all questions again if you can't find your suggestion  Smiley

I should have gotten into Bitcoin back in 1992...
rudi
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April 25, 2014, 06:49:53 PM
 #18809

Excellent, thank you!
maxl
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April 25, 2014, 06:53:45 PM
 #18810

Thanks minerpumpkin.

I hope we get an answer soon.
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April 25, 2014, 07:05:19 PM
 #18811

Good questions. Thanks.
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April 26, 2014, 06:55:07 AM
 #18812

Indeed thanks minerpumpkin
Now back to the fairly quiet AM thread as we wait for the first new dividends to come in Smiley

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iePlay NoweiI
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April 26, 2014, 02:06:17 PM
 #18813

Indeed thanks minerpumpkin
Now back to the fairly quiet AM thread as we wait for the first new dividends to come in Smiley


I am waiting for final gen3 chip specs, not dividends.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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April 26, 2014, 02:33:05 PM
 #18814

I'm waiting to make a shit locker of money. Gen 3 final specs are only one factor in that strategic goal. Call a spade a spade. If it wasn't about the money none of us would be here.
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April 26, 2014, 05:33:42 PM
 #18815

I'm waiting to make a shit locker of money. Gen 3 final specs are only one factor in that strategic goal. Call a spade a spade. If it wasn't about the money none of us would be here.

You can wait a long time, or even wait some more.. I reckon Spondoolies have got the cat in the bag, their chips are already outperforming the rest of the market, and they are prepared to sell chips alone - it's very possible Sp-Tech Gen2 is going to beat everything else, hands down. Their Gen1 is on a par with AM gen3 and Spondoolies-Tech are already working on a killer Gen3.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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April 26, 2014, 06:52:33 PM
 #18816

I'm waiting to make a shit locker of money. Gen 3 final specs are only one factor in that strategic goal. Call a spade a spade. If it wasn't about the money none of us would be here.

You can wait a long time, or even wait some more.. I reckon Spondoolies have got the cat in the bag, their chips are already outperforming the rest of the market, and they are prepared to sell chips alone - it's very possible Sp-Tech Gen2 is going to beat everything else, hands down. Their Gen1 is on a par with AM gen3 and Spondoolies-Tech are already working on a killer Gen3.

I couldn't agree more
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April 26, 2014, 07:53:07 PM
 #18817

nur so als kleiner teaser  Smiley





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April 26, 2014, 08:06:44 PM
 #18818


I have my SP10 here, already hashing and mined 1BTC to date, where you have there chips which merely match the efficiency of what I already have hashing?
Spondoolies 'hammer' will flood the market before AM3, not to mention their RockerBox gen2 in July, so no matter how urged I am to invest here, it's difficult to give myself good reason to do so when so much better is on the horizon.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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April 26, 2014, 09:17:53 PM
 #18819


It's not like chips weren't in the wild until now. http://blog.rockminer.com/#!/2014/04/07/ASICMINER%20gen3%20chips%20received He has them for almost one month.

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April 26, 2014, 11:19:50 PM
 #18820


I have my SP10 here, already hashing and mined 1BTC to date, where you have there chips which merely match the efficiency of what I already have hashing?
Spondoolies 'hammer' will flood the market before AM3, not to mention their RockerBox gen2 in July August September, so no matter how urged I am to invest here, it's difficult to give myself good reason to do so when so much better is on the horizon.

FTFY

Keep in mind that AM chip is 12gh/s compared to spondoolies 7.5gh/s.

Basically means AM can sell the chips at half the cost compared to spondoolies/avalon.

It is even likely that AM 40nm is cheaper than sp 28nm at the wafer level.

Not to mention AM gen4 will probably be twice as fast as spondoolies (if die shrink benefits are equal.)

If AM fixes whatever went wrong with 40nm efficiency then it will surely blow away even spondoolies 3rd gen chip.
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