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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914431 times)
jimmothy
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June 01, 2014, 07:00:05 PM
 #20201

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

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Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?
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June 01, 2014, 07:03:06 PM
 #20202

with all the "miner producing companys" asicminer is delivering to:
what if any guarantee is there, that they will not later switch
to another chip producing company?

in-stock
fair price
fair specs
fair quality
mass quantity
electerium
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June 01, 2014, 07:04:55 PM
 #20203

I knew something was fishy when TAT let go of the PT management because he kept the Neo&Bee PT on havelock. It made no sense to me. Whatever you want to believe about TAT and Neo&Bee is fine, but he left several but kept one on havelock. If it was about havelock wanting more control, that is incongruous with TAT leaving AM but keeping NB. The timing was horrific and just reeked of someone either being pushed out or just wanting to wash their hands of an impending shit storm.
Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.
It now just reeks of horrible collusion against every AM shareholder that has not been privy to the rockminer et al. sales and company structure.

come on man, did you give TaT a BJ to know all this? i red all the logs from MP's IRC channel and although they view AM cynically (like everything else in bitcoinland), they nonetheless give FC some credit. anyho feel free to short and leave.

if 1 month ago FC made this post, how do you think it changes the financials that were dropped a few days ago?



- sales are fine
- converting fiat to btc has now become an issue
- AM will have to restructure near term dividend scheduling until fiat/btc exchange becomes robust again
- we have lots of chips, we will sell lots of chips


instead, "nothing is wrong" was kept shoved down everyone's throat for the past 3 months. When i can count at least 10-20 posts in that time frame that raised concerns about fiat/btc conversion in light of chinese regulation and changing legal landscape, but they kept saying that nothing was wrong.

so AM just drops a bomb on the day after dividends are supposed to arrive that theyve been having the exact problems that people thought they would have 3 months ago.

addi
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June 01, 2014, 07:06:17 PM
 #20204

so AM just drops a bomb on the day after dividends are supposed to arrive that theyve been having the exact problems that people thought they would have 3 months ago.

Dropping a bomb, after stating themselves that we can expect "aggressive dividends" nonetheless.

Franktank
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June 01, 2014, 07:07:28 PM
 #20205

So with DataTank info (which explains the May divs):

https://docs.google.com/file/d/0ByWHHc0u_thNdzB3c2hvVzJkcTQ/edit

And PCBs:

https://docs.google.com/file/d/0ByWHHc0u_thNNHVaX2VsRk5iVkE/edit

https://docs.google.com/file/d/0ByWHHc0u_thNbC1uQlBZQXpMN2s/edit

https://docs.google.com/file/d/0ByWHHc0u_thNSE15MHktcmNXekU/edit

And now Containers:

https://drive.google.com/?authuser=0#folders/0ByWHHc0u_thNLU1wTWd5ZGYxVEE

So is AM really crashing then?
vortex1878
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June 01, 2014, 07:08:54 PM
 #20206

I knew something was fishy when TAT let go of the PT management because he kept the Neo&Bee PT on havelock. It made no sense to me. Whatever you want to believe about TAT and Neo&Bee is fine, but he left several but kept one on havelock. If it was about havelock wanting more control, that is incongruous with TAT leaving AM but keeping NB. The timing was horrific and just reeked of someone either being pushed out or just wanting to wash their hands of an impending shit storm.
Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.
It now just reeks of horrible collusion against every AM shareholder that has not been privy to the rockminer et al. sales and company structure.

come on man, did you give TaT a BJ to know all this? i red all the logs from MP's IRC channel and although they view AM cynically (like everything else in bitcoinland), they nonetheless give FC some credit. anyho feel free to short and leave.

*snip
instead, "nothing is wrong" was kept shoved down everyone's throat for the past 3 months. When i can count at least 10-20 posts in that time frame that raised concerns about fiat/btc conversion in light of chinese regulation and changing legal landscape, but they kept saying that nothing was wrong.

so AM just drops a bomb on the day after dividends are supposed to arrive that theyve been having the exact problems that people thought they would have 3 months ago.



Yes, in fact nothing IS wrong. Books are looking brilliant. Not even fiat conversions are an issue. Keep trying...
hdbuck
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June 01, 2014, 07:10:33 PM
 #20207

so AM just drops a bomb on the day after dividends are supposed to arrive that theyve been having the exact problems that people thought they would have 3 months ago.

Dropping a bomb, after stating themselves that we can expect "aggressive dividends" nonetheless.

not when. could be a misunderstanding with financial reports since FC would probably be in a freaking rush right now. no time for investors' cuddling.
TaT already made huge profit with AM and he just doesnt care about it anymore since its clearly now that begins the real, slow, big and stressful part of the business. Plus he dont get to deal with noobs buying shares via Havelock. What a relief.
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June 01, 2014, 07:33:52 PM
 #20208

...
Yes, in fact nothing IS wrong. Books are looking brilliant. Not even fiat conversions are an issue. Keep trying...

I see you're into losing money.  What's that fetish called?
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June 01, 2014, 07:36:47 PM
 #20209

^Not sure I get it.  What does inflation have to do with tanking bitcoin securities?
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June 01, 2014, 07:40:50 PM
 #20210

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Quote
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?

come on, you're smart. I dont have to spell it out.


Consider any landscape where FC et al. want to wash themselves of AM's shareholders.
jimmothy
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June 01, 2014, 07:42:27 PM
 #20211

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Quote
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?

come on, you're smart. I dont have to spell it out.


Consider any landscape where FC et al. want to wash themselves of AM's shareholders.

Please do spell it out for me. I have no idea what kind of situation you are imagining.
arousedrhino
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June 01, 2014, 07:44:42 PM
 #20212

^Not sure I get it.  What does inflation have to do with tanking bitcoin securities?

Its a hidden way most people lose money. Nothing to do with BTC securities. I took it as a joke.
NotLambchop
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June 01, 2014, 07:48:12 PM
 #20213

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Quote
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?

come on, you're smart. I dont have to spell it out.


Consider any landscape where FC et al. want to wash themselves of AM's shareholders.

Please do spell it out for me. I have no idea what kind of situation you are imagining.

OK, jimmothy:

You own stock in company A, which makes widgets.
I own company A, and want to make your shares worthless.
I form company B, and form a contract to sell it my widgets at laughably low prices.
This bleeds out company A, while I get to keep all muh munyz through company B profits.

So now you know Smiley
electerium
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June 01, 2014, 07:49:50 PM
 #20214

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Quote
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?

come on, you're smart. I dont have to spell it out.


Consider any landscape where FC et al. want to wash themselves of AM's shareholders.

Please do spell it out for me. I have no idea what kind of situation you are imagining.

how about this:


consider if friedcat et al. own rockminer and xtbec.
NotLambchop
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June 01, 2014, 07:53:02 PM
 #20215

^Not sure I get it.  What does inflation have to do with tanking bitcoin securities?
Not a whole lot. Or at least, not a whole lot that's provable. It's way off topic for here, I thought I was on the tab with the wall observer thread open where tinfoil talk is much more acceptable and Exchange Stabilisation Fund connections have relevance.

O, K.  I was more interested in people who intentionally lose money because they enjoy it.  For instance, vortex1878 lost a sizable chunk of his "investment," and he couldn't be happier!  I'm not judging, just curious about weird kinks Smiley
jimmothy
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June 01, 2014, 07:53:25 PM
 #20216

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Quote
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?

come on, you're smart. I dont have to spell it out.


Consider any landscape where FC et al. want to wash themselves of AM's shareholders.

Please do spell it out for me. I have no idea what kind of situation you are imagining.

how about this:


consider if friedcat et al. own rockminer and xtbec.

First of all that is simply not true and can be proven to be false.

Second, why would it matter? If AM is selling chips why should we care who is buying them?

Do you really think FC owns any of the known 4 companies manufacturing hardware using AM chips?
electerium
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June 01, 2014, 07:54:41 PM
 #20217

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Quote
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?

come on, you're smart. I dont have to spell it out.


Consider any landscape where FC et al. want to wash themselves of AM's shareholders.

Please do spell it out for me. I have no idea what kind of situation you are imagining.

how about this:


consider if friedcat et al. own rockminer and xtbec.

First of all that is simply not true and can be proven to be false.

Second, why would it matter? If AM is selling chips why should we care who is buying them?

Do you really think FC owns any of the known 4 companies manufacturing hardware using AM chips?

if you think it doesnt matter you are the dumbest person on these forums, and that is saying a lot.
NotLambchop
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June 01, 2014, 07:58:43 PM
 #20218

...
Do you really think FC owns any of the known 4 companies manufacturing hardware using AM chips?

You really have no clue how anything works, huh?
When I was a kid, I registered & insured my cars in my GF's name.  Cheaper Smiley
*The cars were really mine, if that's still unclear.
jimmothy
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June 01, 2014, 08:01:54 PM
 #20219

Quote
First of all that is simply not true and can be proven to be false.

Second, why would it matter? If AM is selling chips why should we care who is buying them?

Do you really think FC owns any of the known 4 companies manufacturing hardware using AM chips?

if you think it doesnt matter you are the dumbest person on these forums, and that is saying a lot.

Ok it does matter I misspoke.

Still do you really think FC owns any of the 4 companies?

This is an extremely risky and not so rewarding conspiracy you are suggesting.
ninjarobot
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June 01, 2014, 08:02:12 PM
 #20220

I thought this doc was interesting as well:

Why immersion is the cheapest and best way to mine Bitcoins

Quote
For Bitcoin miners, the catch is a different one. At current capacity, we can only build a small number of these large-scale systems this year, and we are building them in the USA. We don’t have all the time in the world and aim for a 10MW facility in addition to 10 single container systems in 2014 (and of course we aim for scaling up production). We don’t have a VP of Sales with a suitcase full of data sheets and powerpoint presentations. We are a small team, and we want to work with a hand-selected mining operator or two, shoulder-to-shoulder.
 
What we do have is a price of considerably less than $1 per Watt and that includes everything, including switching on the power button to bring your cluster online if you want us to, no matter if you need our help for the first deployment, for the second one, or all of them.
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