Bitcoin Forum
November 26, 2022, 05:06:44 PM *
News: Reminder: do not keep your money in online accounts
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 [971] 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914546 times)
BitHub
Sr. Member
****
Offline Offline

Activity: 253
Merit: 250


View Profile
May 22, 2014, 06:28:36 PM
 #19401

is friedcat single? I would like to introduce him to my hot sister.
1669482404
Hero Member
*
Offline Offline

Posts: 1669482404

View Profile Personal Message (Offline)

Ignore
1669482404
Reply with quote  #2

1669482404
Report to moderator
1669482404
Hero Member
*
Offline Offline

Posts: 1669482404

View Profile Personal Message (Offline)

Ignore
1669482404
Reply with quote  #2

1669482404
Report to moderator
In order to achieve higher forum ranks, you need both activity points and merit points.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1669482404
Hero Member
*
Offline Offline

Posts: 1669482404

View Profile Personal Message (Offline)

Ignore
1669482404
Reply with quote  #2

1669482404
Report to moderator
1669482404
Hero Member
*
Offline Offline

Posts: 1669482404

View Profile Personal Message (Offline)

Ignore
1669482404
Reply with quote  #2

1669482404
Report to moderator
1669482404
Hero Member
*
Offline Offline

Posts: 1669482404

View Profile Personal Message (Offline)

Ignore
1669482404
Reply with quote  #2

1669482404
Report to moderator
coinren
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
May 22, 2014, 06:31:30 PM
 #19402

sell 50 ROCKMINER shares at BTC0.15, anybody interested? just PM.

rockxie, is that you, selling your free shares? Grin anyway, wrong thread


Sorry for the wrong thread, just for more attention.
I'm not rockxie, I'm share holder of RM and AM.
My RM share holder address: https://blockchain.info/address/18X9k9NMaVjXaTrEHszeXP9Fkb1LyMqrbU
Bonam
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


View Profile
May 22, 2014, 06:34:19 PM
 #19403

It doesn't matter how far ahead you've planned if other companies are a year + ahead in technology. Gen3 will not stay competitive for very long at all so hopefully they get Gen4 out fast, a LOT faster than the gap between Gen1 and Gen3 was.

Also, for all the people repeating dividends will come out on May 27 as if it's gospel... I'm pretty doubtful.

In one QA session, friedcat says this:

5) When are the sales revenues of the chips expected to be paid out to shareholders? re 5) When the balance payments are received and exchanged for Bitcoins.

In another session he says this:

1) When can we expect the financial report that's supposed to coincide with the next round of dividends? re 1) May 27.

Has he not received the "balance payments" for the chips sold to rockminer and other companies yet? Or has he received the payments and not yet exchanged for bitcoins? I would say that most likely he has already received the payments and clearly has not paid out the dividends yet. So one condition/term to pay out the dividends has already been ignored. Next... the May 27 date refers to a financial report. Numerous dates set for financial reports have been missed in the past. And even if a financial report does come out on May 27, will the dividends come out same day? Given how cursorily friedcat seems to have read and answered the questions, he may not have even seen the second part of the sentence in that question.

Anyway 27th is coming up soon so not much point speculating, but my personal thought is that not only will we not receive any dividends that day, but we won't hear from friedcat that day at all either.
necro_nemesis
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
May 22, 2014, 06:45:17 PM
 #19404

Anyway 27th is coming up soon so not much point speculating, but my personal thought is that not only will we not receive any dividends that day, but we won't hear from friedcat that day at all either.

If they don't come on the 27th, panic, FUD, stock goes down, I buy more. If they do status quo. No biggy.
lophie
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1001

Unlimited Free Crypto


View Profile
May 22, 2014, 06:46:24 PM
 #19405

is friedcat single? I would like to introduce him to my hot sister.

We caught him once getting it on with the hot secretary forking a chain in the mining farm (Remember that FUD guys  Cheesy). We dunno if that is still going on or he was just being the fried player he always has been  Wink

Will take me a while to climb up again, But where is a will, there is a way...
mc_lovin
Legendary
*
Offline Offline

Activity: 1190
Merit: 1000


www.bitcointrading.com


View Profile WWW
May 22, 2014, 06:52:30 PM
 #19406

Shareholder seeing the first products shipping:

necro_nemesis
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
May 22, 2014, 08:25:58 PM
 #19407

Anyway 27th is coming up soon so not much point speculating, but my personal thought is that not only will we not receive any dividends that day, but we won't hear from friedcat that day at all either.

If they don't come on the 27th, panic, FUD, stock goes down, I buy more. If they do status quo. No biggy.

It will be big in both cases

Experience tells me that events of the 27th occurring or not occurring on time is not a make or break with the investment although it may have short term effect on share price to those investors who see otherwise.  We've already been well acclimated to these situations when it comes to AM.
minerpumpkin
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500


A pumpkin mines 27 hours a night


View Profile
May 22, 2014, 08:39:04 PM
 #19408

Anyway 27th is coming up soon so not much point speculating, but my personal thought is that not only will we not receive any dividends that day, but we won't hear from friedcat that day at all either.

If they don't come on the 27th, panic, FUD, stock goes down, I buy more. If they do status quo. No biggy.

It will be big in both cases

Experience tells me that events of the 27th occurring or not occurring on time is not a make or break with the investment although it may have short term effect on share price to those investors who see otherwise.  We've already been well acclimated to these situations when it comes to AM.

But this thread seems to be 30% people who wonder where the divs are and "whether AM is dead", 60% people who expect dividends on the 27th sharp, and 10% people who realise that the 27th is a probable date ("divs should precede or coincide with the financial statement (as soon as converted)" and "financial statement (supposed to coincide with divs) can be expected May 27th"), but no deadline, definitive div date or anything. But I stopped trying to predict what the price on Havelock does, lotto numbers haven proven themselves easier to forecast for me.

I should have gotten into Bitcoin back in 1992...
novusordo
Sr. Member
****
Offline Offline

Activity: 800
Merit: 250



View Profile
May 22, 2014, 10:48:51 PM
 #19409

I stopped trying to predict what the price on Havelock does, lotto numbers haven proven themselves easier to forecast for me.

That's because they are easier to forecast.


                            █████
                        █████████████
                     █████████████
                 ██████████████        █████
              █████████████        ████████████
          ██████████████        █████████████
       █████████████        █████████████       ██████
       ██████████        ████████████           ██████
       ███████       █████████████       ███    ██████
       ███████    █████████████       ██████    ██████
       ████████████████████       ██████████    ██████
       █████████████████       █████████████    ██████
       █████████████       █████████████        ██████
       ██████████       █████████████           ██████
       ███████      ██████████████       ███    ██████
       ██████    █████████████       ███████    ██████
       ██████    ██████████       ██████████    ██████
       ██████    ██████        █████████████    ██████
       ██████    ███       █████████████        ██████
       ██████           █████████████       ██████████
       ██████       █████████████        █████████████
                 █████████████       █████████████
              ████████████        █████████████
                  ████         ████████████
                           █████████████
                         ███████████
                            █████
Ferrum Network • Interoperability Network for Financial Applications
necro_nemesis
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
May 22, 2014, 11:01:10 PM
 #19410

As I stated before it's a small volume of the total shares trading on speculation rather than value that effect the current share price. This was easily spotted when the price prior to Gen3 was higher than when we had a proven ASIC. Where you'll have a better appreciation is when larger volumes attempt to change hands but so far we see what appears to be ripples and a few small waves in trading on Havelock having a disproportionate effect on share price.
arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
May 23, 2014, 01:15:35 AM
 #19411


 Random thoughts:
 
1) Major Asic manufacturers  (Those with the ability to print the chips for pennies per g/h)..  are setting up industrial mines, but to my knowledge, they are all privately owned..  

2) ASICMiner is the only Asic manufacturer that is partially publicly owned  ( Either privately traded or via traded via Havelock).

3) There are only (approx) 400,000 shares TOTAL.  (A very small number honestly in the corporate/stock world)

4) Friedcat has the foresight to set aside Divs to cover 2 years of Lab and employee costs out of the 'Gen1',  to  fund (paid for already)  Gen 3 AND 4.

5) He pioneered 'franchise mining' and has NEVER done Pre-orders.   Both directly benefiting shareholders.

6) He has planned for the most cost-effective mining environment possible with immersion cooling, forward planning where costs become critical to success.

  I don't know of any other Major ASIC vendor/manufacturer that's planned this far ahead, Paid for, with $ in the Bank.

  How can we NOT go to the moon?   Ignore the current trading values for shares.    Friedcat is a long term kind of thinker.  You can bank on it.

   Cool




Shhhh... Keep things like this to yourself Wink Let them worry about the divs!
webbrowser
Full Member
***
Offline Offline

Activity: 215
Merit: 100


View Profile
May 23, 2014, 01:36:22 AM
 #19412

@binaryfate, necro_nemesis: thanks, i knew it couldn't have been 2.5 chips in there Cheesy

@Fordee, how does your optimism support the share price if the forecast dividends for the first 3 batches (with the fattest profit margins) totals just 0.18, and with no gen4 in sight?
Fordee
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
May 23, 2014, 01:56:07 AM
 #19413


@Fordee, how does your optimism support the share price if the forecast dividends for the first 3 batches (with the fattest profit margins) totals just 0.18, and with no gen4 in sight?

Well the last time I checked the price was about 0.5, and your suggesting total batch div's of 0.18...   Lets spread that over an an average  company's Quarter earnings.. netting a measly 38% dividend based on percent.   

Wall Street would have a wet dream over this RIO regardless of future stock value.

Yeah, I am personally content waiting...

But hey.. Your mileage may vary..
webbrowser
Full Member
***
Offline Offline

Activity: 215
Merit: 100


View Profile
May 23, 2014, 03:06:59 AM
 #19414

Yeah, it doesn't look very good to me, especially considering how lumpy the dividends will be.

Has anyone put together a dividends history?  I've already taken available dividend data from Havelock's AM1 and BTCT's ASICMINER-PT but that doesn't go back before 2013-03-06. 

Also looked at 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF (this is the dividends address right?) but strangely that only goes up to 2013-02-24.
Fordee
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
May 23, 2014, 03:28:56 AM
 #19415

I believe AsicMiner div's were being poured into 1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i  until they recently stopped...     
 

Side Question for anyone with a solid realistic non-fud based answer... or other suggested conclusions

  Based on the below...

   a) When div's stopped, AsicMiner had 47TH approx according to eripo at the time...   
   b) Havelock last div payout March 30th ...  Last 'block' found at above address on April 9th
   c) Regardless of increasing difficulty, 47TH today should mathematically net a minimum 2 blocks per month..

 So either,

   a) Friedcat has started mining to a different address.... and we'll have a nice div surprise.
   b) Since April 9th to May 22 he has had REALLY bad luck...and not mined a single block..
   c) The 47TH was taken offline and gutted to be upgraded into a new Gen3 Farm.
   d) .... Other suggestions what may have happened?

 TL;DR; -While we have all been speculating and waiting patiently .. Friedcat's farm hasn't mined ANYTHING?

  Not realistic.     Gentlemen, what's missing?   Lets have some fun while we wait Smiley





necro_nemesis
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
May 23, 2014, 03:50:29 AM
 #19416

I believe AsicMiner div's were being poured into 1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i  until they recently stopped...     
 

Side Question for anyone with a solid realistic non-fud based answer... or other suggested conclusions

  Based on the below...

   a) When div's stopped, AsicMiner had 47TH approx according to eripo at the time...   
   b) Havelock last div payout March 30th ...  Last 'block' found at above address on April 9th
   c) Regardless of increasing difficulty, 47TH today should mathematically net a minimum 2 blocks per month..

 So either,

   a) Friedcat has started mining to a different address.... and we'll have a nice div surprise.
   b) Since April 9th to May 22 he has had REALLY bad luck...and not mined a single block..
   c) The 47TH was taken offline and gutted to be upgraded into a new Gen3 Farm.
   d) .... Other suggestions what may have happened?

 TL;DR; -While we have all been speculating and waiting patiently .. Friedcat's farm hasn't mined ANYTHING?

  Not realistic.     Gentlemen, what's missing?   Lets have some fun while we wait Smiley

Hope this helps answer your question.


4) When are the new chips expected to start mining in ASICMiner datacenters and what hashrate are you currently planning on deploying?
re 4) May-June for air cooling and June-July for immersion cooling. They are only capable of 3PH. Most should go franchising or as chips for other vendors' OEM products.
smilence
Newbie
*
Offline Offline

Activity: 58
Merit: 0


View Profile
May 23, 2014, 06:04:29 AM
 #19417

btcgarden-AM-v1 Miner also use AiscMiner chips   Smiley
http://www.btcgarden.com/product

http://www.btcgarden.com/garden-asic1.html
Out of stock 
webbrowser
Full Member
***
Offline Offline

Activity: 215
Merit: 100


View Profile
May 23, 2014, 06:11:29 AM
 #19418

Hmm.  That looks like 32 chips, running at 340GH/s and 396W?
CoinBomb
Full Member
***
Offline Offline

Activity: 179
Merit: 100



View Profile WWW
May 23, 2014, 06:15:10 AM
 #19419

btcgarden-AM-v1 Miner also use AiscMiner chips   Smiley
http://www.btcgarden.com/product

http://www.btcgarden.com/garden-asic1.html
Out of stock 

30usd for 340ghs? Something doesn't add up right there.... Or am I reading it wrong

Promote our site for no risk BTC / LTC profit! 1% gross profit, LTC/BTC payments weekly. Click through for more details.
bitcoin.newsfeed
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
May 23, 2014, 06:19:27 AM
Last edit: May 23, 2014, 06:30:56 AM by bitcoin.newsfeed
 #19420

btcgarden-AM-v1 Miner also use AiscMiner chips   Smiley
http://www.btcgarden.com/product

http://www.btcgarden.com/garden-asic1.html
Out of stock  

30usd for 340ghs? Something doesn't add up right there.... Or am I reading it wrong

3000 Chinese Yuan equals 480.98 US Dollar

1.41$/ghs ... that's amazing Smiley spondosomething is 2$/ghs

... Question Everything, Believe Nothing ...
Pages: « 1 ... 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 [971] 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 ... 1348 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!