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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3914350 times)
hdbuck
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June 23, 2014, 09:24:34 PM
Last edit: June 23, 2014, 09:38:46 PM by hdbuck
 #21061

LMAO you people just never cant stop being such downers if it was not for your precious little divs.
Spondo or hashfast (wtf do they still exist?!) are not playing in the same court. Really do you reckon they would have enough chips to franchise a huge project such as datatank? I mean look at their container's capacity..  Roll Eyes
AM had prepared their scaling up for the last year, skipping gen 2 etc... FC has been planning it all. He wouldnt have took the decision to scale up without networking and doing a proper industry evaluation. AM was there first and hasnt died so far. In fact, they have produced more than 60Ph lately. There is just no time for the 5 or 10% public investors cuddling.
You just dont get it, it is all going on smoothly. But it takes time!

GG to FC and AM team for their long vision business!
Soon enough, spondo & all those bundlers sellers will be out of the game.  Wink Cheesy


I'm not saying it isn't AM. You are just saying that it can only be AM, which is definitely not true. They even explicitly state that they are in talks with multiple companies.
"AM has prepared their scaling up for the last year, skipping gen 2 etc... FC has been planning it all. He wouldnt have took the decision to scale up without networking and doing a proper industry evaluation".
I am not going to try and debate this, but do understand that there is a contradiction in your post and DataTank.
DataTank, again has an unexpected change of plans, hint: unexpected. Yet "FC has been planning it all." Doesn't really add up.
I admit, he has been talking to AC and it is a good probability that AM and AC/DT go into this group together. I'm just saying that it's not set in stone.

Again, what was unexpected was datatank actually becoming a franchisee.
They never said they were and FC did not mentionned it either. Plus, we, as AM investors, never dared speculating about that.
But now that they have, it is crystal clear that FC put a spell on them, with a very honest deal.
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June 23, 2014, 09:27:01 PM
 #21062

Alright, I guess time will tell.
hdbuck
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June 23, 2014, 09:33:40 PM
 #21063

Alright, I guess time will tell.

yup cant wait for the next round of questions Smiley
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June 23, 2014, 10:25:15 PM
 #21064

I hate to have to do this but my 10 direct shares are up for auction:

https://bitcointalk.org/index.php?topic=663313.0

Would love to stay in the game but need to free some funds up.  Sad
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June 23, 2014, 11:15:15 PM
 #21065

I could be wrong, but I think Spon has shown interest.

So, Spondoolies is providing hardware to DataTankMining in return for mining/hosting capacity?

No

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minerpumpkin
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June 23, 2014, 11:18:37 PM
 #21066

I could be wrong, but I think Spon has shown interest.

So, Spondoolies is providing hardware to DataTankMining in return for mining/hosting capacity?

No


good  Cheesy

I should have gotten into Bitcoin back in 1992...
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June 23, 2014, 11:21:22 PM
 #21067

I could be wrong, but I think Spon has shown interest.

So, Spondoolies is providing hardware to DataTankMining in return for mining/hosting capacity?

No


good  Cheesy

Thank you for posing the question Smiley

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101111
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June 24, 2014, 03:46:39 AM
 #21068

Apologies for the confusion. AM is not at risk being the Bitcoin chip supplier of choice for this operation. Keep in mind there will also be a shift to Scrypt mining in the future, at least partially.

For DTM it's most important to deploy capacity in order to fully utilize the potential of fast deployment and efficient operations. Having manufacturer support is an important element and it is in the interest of ALL chip manufacturers for their customers (miners) to be successful and "come back for more".

Smiley
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June 24, 2014, 06:39:30 AM
 #21069

If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.

These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.

Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments...

But what's keeping AM from mining? They have the chips, they have the immersion cooling setup, they got everything, but there is no mining.


7) What is the status of self mining? What is the rollout schedule for the data centers?

8 ) What is the status of franchising partners? When can we expect to see income from them?
We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate.


It seems that the solutions are out there, but FC refuses to use them for self mining: https://bitcointalk.org/index.php?topic=655464.0

Why?

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June 24, 2014, 07:26:20 AM
 #21070

It seems that the solutions are out there, but FC refuses to use them for self mining: https://bitcointalk.org/index.php?topic=655464.0

Why?

I don't think, he refuses, AM is planning to start own immersion mining in June-July iirc.

... Question Everything, Believe Nothing ...
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June 24, 2014, 07:33:12 AM
 #21071

I could be wrong, but I think Spon has shown interest.

So, Spondoolies is providing hardware to DataTankMining in return for mining/hosting capacity?

No


good  Cheesy

Apologies for the confusion. AM is not at risk being the Bitcoin chip supplier of choice for this operation. Keep in mind there will also be a shift to Scrypt mining in the future, at least partially.

For DTM it's most important to deploy capacity in order to fully utilize the potential of fast deployment and efficient operations. Having manufacturer support is an important element and it is in the interest of ALL chip manufacturers for their customers (miners) to be successful and "come back for more".

Smiley

so now that we cleared that out could you people please stop being such bummers and be patient with AM? as i said, these operations take time.
but now would definitely a good time to.. buy buy buy Cheesy
Swordsoffreedom
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June 24, 2014, 07:35:24 AM
 #21072

The only time Havelock mentions being able to convert AM100 is upon dissolution of the asset...  I would love if they got rid of the 5% fee AND let you freely convert...

Hell, they should just remove AM1, convert them all into AM100, and remove the fee and be done with it... there really is not the liquidity to support both.

That may be a good idea!

Sometimes it pays to back page the thread
This makes sense to me as well.
Would support a 1/100 and 1 Share combination.

.
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JoTheKhan
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June 24, 2014, 07:38:02 AM
 #21073

I could be wrong, but I think Spon has shown interest.

So, Spondoolies is providing hardware to DataTankMining in return for mining/hosting capacity?

No


good  Cheesy

Apologies for the confusion. AM is not at risk being the Bitcoin chip supplier of choice for this operation. Keep in mind there will also be a shift to Scrypt mining in the future, at least partially.

For DTM it's most important to deploy capacity in order to fully utilize the potential of fast deployment and efficient operations. Having manufacturer support is an important element and it is in the interest of ALL chip manufacturers for their customers (miners) to be successful and "come back for more".

Smiley

so now that we cleared that out could you people please stop being such bummers and be patient with AM? as i said, these operations take time.
but now would definitely a good time to.. buy buy buy Cheesy

Not to offend, or be fussy. But I think you were the impatient one earlier. We are just trying to make sure that misinformation isn't spread.

Franchised mining

can you elaborate? I also don't see a franchise in it - I franchise out a portion of one of my businesses, on the basis that the business name draws more business towards the franchise, for this, my franchisee pays me a franchise fee once every ten years - for it to be a franchise, I get paid - albeit payments for the franchising of my business are far and wide, but.. i get paid.

whoever are supplying the chips, are not getting paid, so - this is what you see as a franchise? strange.

It could be the old 80/20 franchised mining model AM did in the past. AM has a lot of chips, they can produce very cheaply. If they provide a certain amount of chips or blades to DataTank for free, they could receive e.g. a certain amount of hashing power from them (mining income).

now i'd very much appreciate an update (if not a confirmation) by FC or a trustable board member on this.

edit: or maybe for the next round of questions?

edit edit: or just skip it all and get some unexpected divs? Grin Cheesy
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June 24, 2014, 09:00:55 AM
Last edit: June 24, 2014, 10:44:09 AM by hdbuck
 #21074

...

Not to offend, or be fussy. But I think you were the impatient one earlier. We are just trying to make sure that misinformation isn't spread.

...

I was just being confident. (And right)
Talking about spreading misinformation, I wasnt the guy bringing spondo (lol) or hashfast (double lol) on the table.
That was just pure FUD. And I am just sick of such pessimistic people if not fudmeisters out here.

so cheer up! DATATANK TO BECOME ASICMINER's FRANCHISEE! Cheesy
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June 24, 2014, 10:32:31 AM
 #21075

I don't think, he refuses, AM is planning to start own immersion mining in June-July iirc.

2018?
minerpumpkin
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June 24, 2014, 11:02:58 AM
 #21076

...

Not to offend, or be fussy. But I think you were the impatient one earlier. We are just trying to make sure that misinformation isn't spread.

...

I was just being confident. (And right)
Talking about spreading misinformation, I wasnt the guy bringing spondo (lol) or hashfast (double lol) on the table.
That was just pure FUD. And I am just sick of such pessimistic people if not fudmeisters out here.

so cheer up! DATATANK TO BECOME ASICMINER's FRANCHISEE! Cheesy


It's very important to evaluate possible interpretations and clear up uncertainties, rather than automatically assume the interpretation that'd be the best case for oneself. These threads (much like /r/bitcoin) tend to become an echo chamber at times. One has to find the right balance of trust and cautiousness for these things to work out best.

I should have gotten into Bitcoin back in 1992...
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June 24, 2014, 12:07:07 PM
 #21077

Buying 100 ASICMINER share and would share 50% of the escrow's fees. I would request a popular known to both parties kind of escrow. Please PM me to discuss prices.

Will take me a while to climb up again, But where is a will, there is a way...
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June 24, 2014, 03:32:26 PM
Last edit: June 24, 2014, 06:08:31 PM by hdbuck
 #21078

...

Not to offend, or be fussy. But I think you were the impatient one earlier. We are just trying to make sure that misinformation isn't spread.

...

I was just being confident. (And right)
Talking about spreading misinformation, I wasnt the guy bringing spondo (lol) or hashfast (double lol) on the table.
That was just pure FUD. And I am just sick of such pessimistic people if not fudmeisters out here.

so cheer up! DATATANK TO BECOME ASICMINER's FRANCHISEE! Cheesy


It's very important to evaluate possible interpretations and clear up uncertainties, rather than automatically assume the interpretation that'd be the best case for oneself. These threads (much like /r/bitcoin) tend to become an echo chamber at times. One has to find the right balance of trust and cautiousness for these things to work out best.


I am all in for cautiousness. But at some point and for those hanging around here for a while now, it is clear that AM is doing there best to renew their marketshare if not dominate the industry. The lack of divs or communication is misleading as people tend to overreact and be overcautious about something which I believe to be under full control by FC. Its just the way (good) business is done. Better not saying anything before it is actually working, happening and official (ie. not like most ASIC manufacturers who are just having hard times keeping their words). That's the whole point and thats what makes AM unique. Despite being the first, they are still running whilst many other manufacturers got burned. In fact, I am sure FC has many more surprises to announce over summer.

Anyway, I am in it with you guys, just being patient and enjoying news as they come instead of always questioning FC's trustworthiness or ability to conduct the company towards great success. Smiley

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June 24, 2014, 05:45:27 PM
 #21079

Hashratio (who are known to use AM chips) to deploy a 4-5 PH/s mining farm. Funding is said to be finished, deployment scheduled within 30 days:
https://bitcointalk.org/index.php?topic=664168.0

I should have gotten into Bitcoin back in 1992...
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June 24, 2014, 06:07:12 PM
 #21080

Hashratio (who are known to use AM chips) to deploy a 4-5 PH/s mining farm. Funding is said to be finished, deployment scheduled within 30 days:
https://bitcointalk.org/index.php?topic=664168.0

Look legit

http://weibo.cn/zhaodong1982
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