Bitcoin Forum
August 19, 2019, 12:43:01 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   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 ... 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 [1059] 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3896793 times)
Blazed
Casascius Addict
Legendary
*
Offline Offline

Activity: 2044
Merit: 1110



View Profile WWW
June 28, 2014, 03:07:12 AM
 #21161

I was just guessing that those will be sold off (I do not know for sure).  The rumor mill keeps saying that AM is selling wafers @ cost (I assume if so they take a cut of mining)
These are guesses so take them as that  Tongue
1566175381
Hero Member
*
Offline Offline

Posts: 1566175381

View Profile Personal Message (Offline)

Ignore
1566175381
Reply with quote  #2

1566175381
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566175381
Hero Member
*
Offline Offline

Posts: 1566175381

View Profile Personal Message (Offline)

Ignore
1566175381
Reply with quote  #2

1566175381
Report to moderator
1566175381
Hero Member
*
Offline Offline

Posts: 1566175381

View Profile Personal Message (Offline)

Ignore
1566175381
Reply with quote  #2

1566175381
Report to moderator
willBTC
Full Member
***
Offline Offline

Activity: 134
Merit: 100


View Profile
June 28, 2014, 03:51:49 AM
 #21162

I was just guessing that those will be sold off (I do not know for sure).  The rumor mill keeps saying that AM is selling wafers @ cost (I assume if so they take a cut of mining)
These are guesses so take them as that  Tongue

Giving the chips for free to partner who could build the mining hardware and deploy is a reasonable strategy. AM will benefit from mining of franchising.
Cause cost of building the hardware and deploying is big (infrasture、electric fee、labor). And we can see through financial report that Friedcat has not enough cash to support the cost.
For the shares price , I think 0.2BTC per share maybe undervalued. Cause doing some simple calculate, 10p franchising equals at least 0.3BTC per share.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
ASICMINERTUBE
         The Best $/Gh Bitcoin Miner So Far              Discover now!
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
kuji kiri
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
June 28, 2014, 04:00:04 AM
 #21163

Quote
10p franchising equals at least 0.3BTC per share.

Is this before or after expenses?
willBTC
Full Member
***
Offline Offline

Activity: 134
Merit: 100


View Profile
June 28, 2014, 04:32:59 AM
 #21164

Quote
10p franchising equals at least 0.3BTC per share.

Is this before or after expenses?

After the expenses .  I am assuming the expenses take part 50% of mining revenue, and the total network hashrate is 200P .

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
ASICMINERTUBE
         The Best $/Gh Bitcoin Miner So Far              Discover now!
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
feifa
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
June 28, 2014, 04:51:15 AM
 #21165

Finally, PCB board has been outputted yesterday.
All night and all day our engineers tested it.
We've got about 0.9W/Ghs power consumption.
Tomorrow we will assemble all these stuff in one case and test.

Tomorrow I will upload short video of working device, I think.
XBTec Pacific 2000 using AM gen 3 chip can get 0.9 W/G
https://bitcointalk.org/index.php?topic=626694.msg7550446#msg7550446
jjdub7
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500



View Profile
June 28, 2014, 08:20:10 AM
 #21166

They should make a priority to get rid of AM100 or merge them. That trash is ruining it for everyone.

Uh...even at only 95% of divs, the yield on AM100 is projected to be about 25% higher than AM1 (At ask: 0.16 for 100x AM100 @ 0.00161 vs. 0.2 for 1x AM1).  Yes, you lose 5% on AM100 divs, but the compounding effect may be greater for certain ranges of share quantities...


.BITENNY.
Simplify your future

    ▄███i      ████████████████
 ▄██████[      ███████████████████
▄███████[      ████████████████████
████████       █████████████████████
████████       █████████████████████
████████[      █████████████████████
████████[                 █████████
███████[                   ████████
████████[                   ████████
████████                    ████████
████████                    ████████
███████.                   ████████
████████                  ,████████
█████████                 ▄████████
████████████.            ▄██████████
███████████████████████████████████
 █████████████████████████████████
  ▀█████████████████████████████▀`
      ▀██████████████████████▀





Leveraging technology and innovation
to simplify financial asset management and
the payment industry
.WHITEPAPER.
────────────────────────────
....LINKEDIN....



..JOIN NOW..
lophie
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000

Unlimited Free Crypto


View Profile
June 28, 2014, 02:29:27 PM
 #21167

Quote
10p franchising equals at least 0.3BTC per share.

Is this before or after expenses?

After the expenses .  I am assuming the expenses take part 50% of mining revenue, and the total network hashrate is 200P .

Are you sure you are talking about divs and not share price? Because that means we are looking at 1.5BTC share price @ 20% Yield!

Care to share more specific calculations?

Will take me a while to climb up again, But where is a will, there is a way...
zy02264
Member
**
Offline Offline

Activity: 116
Merit: 10



View Profile
June 28, 2014, 05:12:54 PM
 #21168

Next round of shareholders questions July 2014 - gathering

Dear shareholders,

we've gathered 10 questions so far, still 2days until forwarding them to Friedcat. If you want to add something, don't hesitate to write it here, or in PM. Closing time for this round of questions is 29th of June 2014 12:00 UTC +01:00

*The closing time was moved because of practical reasons

Quote
1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?

2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners are and will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?

3) How many PH/s of gen 3 have already been sold/shipped by now ?

4) Has the "60 PH/s batch" progressed any further ? When is it supposed to be completely done ? How much has already been sold ?

5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?

6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, Hashratio is it possible to get some clarity on the relationships AM has with different groups ?

7) Is Asicminer selling chips at cost already ? Rumors have been going around that it is known in China that the chips are being sold at cost. Can we please have a confirm/deny on these rumors and explanation why ?

8 ) The last post mentioned that average sales cost is about .5$/gh, is this still the average ?

9) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?

10) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.

I was wondering if AM has any stock repurchase plan for now or in the future giving the stock price is keep falling. Thank you!
arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
June 28, 2014, 06:32:57 PM
 #21169

They should make a priority to get rid of AM100 or merge them. That trash is ruining it for everyone.

Uh...even at only 95% of divs, the yield on AM100 is projected to be about 25% higher than AM1 (At ask: 0.16 for 100x AM100 @ 0.00161 vs. 0.2 for 1x AM1).  Yes, you lose 5% on AM100 divs, but the compounding effect may be greater for certain ranges of share quantities...

But they are fractional shares which is why they trade at a lower price.

You cannot convert them to direct shares.
You can only trade them on Havelock due to ^.
Nobody on BTCTalk can sell you 1/100th of a AM share and nobody on BTCTalk would buy 1/100th of a AM share.

If you get rid of the AM 100 then there would only be one stock to trade so the share price would be more accurate. Instead people put a slight premium on the AM 1 shares due to the factors above.

I agree with you that from a dividend standpoint the AM 100 shares have a compounding divided effect which actually might put some people ahead but I would not want to own them.

If my AM 1 shares were converted to AM 100 shares I would sell them immediately or transfer them off of HL to direct shares.

Its fine to have the AM 100 shares but I don't get why some want to get rid of the AM 1 shares other than to improve liquidity. If FC splits the stock to AM 100 shares then I would be all for it, but he will likely not do that since he would have to deal with more transfer requests. 
Fordee
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
June 28, 2014, 07:53:50 PM
Last edit: June 28, 2014, 09:14:12 PM by Fordee
 #21170

They should make a priority to get rid of AM100 or merge them. That trash is ruining it for everyone.

Uh...even at only 95% of divs, the yield on AM100 is projected to be about 25% higher than AM1 (At ask: 0.16 for 100x AM100 @ 0.00161 vs. 0.2 for 1x AM1).  Yes, you lose 5% on AM100 divs, but the compounding effect may be greater for certain ranges of share quantities...

I agree with you that from a dividend standpoint the AM 100 shares have a compounding divided effect which actually might put some people ahead but I would not want to own them.


 Right now,  if you sold 15 direct shares, you could pick up 1800 AM100's,..    a 20% increase in holdings... minus 5% div difference for a net gain of 15% on your money... for anyone doing long term holding and waiting for div's, this is a no-brainer.

 EDIT:   And....Sold.

 If you're here to speculate on a huge increase in share value when div's start rolling, then you still have the equivalent of 3 extra shares

  * if you are worried about havelock disappearing then go direct or go home. You shouldn't be on the exchange.

Fordee
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
June 28, 2014, 08:11:11 PM
 #21171


You cannot convert them to direct shares.
You can only trade them on Havelock due to ^.
Nobody on BTCTalk can sell you 1/100th of a AM share and nobody on BTCTalk would buy 1/100th of a AM share.


Havelock's not the only place that sells fractional AM shares..   

https://796.com/asicminer?op=market

I can see an advantage to one asset, I don't see a downside of having two assets either..     If Google had fractional shares, perhaps I could afford some of those in real life as well...   Fractionals have their benefits.

bkminer
Full Member
***
Offline Offline

Activity: 216
Merit: 100

Don't let the nam-shub in your operating system.


View Profile
June 29, 2014, 02:41:41 AM
 #21172

I like the ability to convert my shares to direct shares.  To me it would be a major detractor have something that is only valuable on a single platform, such as Havelock.  Don't get me wrong, I like Havelock, but it's like putting all my eggs in 1 basket.

Hopefully they announce the switch in enough time for me to convert to direct before my AM1's become AM100's....
arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
June 29, 2014, 03:36:02 AM
 #21173

They should make a priority to get rid of AM100 or merge them. That trash is ruining it for everyone.

Uh...even at only 95% of divs, the yield on AM100 is projected to be about 25% higher than AM1 (At ask: 0.16 for 100x AM100 @ 0.00161 vs. 0.2 for 1x AM1).  Yes, you lose 5% on AM100 divs, but the compounding effect may be greater for certain ranges of share quantities...

I agree with you that from a dividend standpoint the AM 100 shares have a compounding divided effect which actually might put some people ahead but I would not want to own them.


 Right now,  if you sold 15 direct shares, you could pick up 1800 AM100's,..    a 20% increase in holdings... minus 5% div difference for a net gain of 15% on your money... for anyone doing long term holding and waiting for div's, this is a no-brainer.

 EDIT:   And....Sold.

 If you're here to speculate on a huge increase in share value when div's start rolling, then you still have the equivalent of 3 extra shares

  * if you are worried about havelock disappearing then go direct or go home. You shouldn't be on the exchange.



Some of us buy on Havelock until we have a # of shares and then convert them to direct. Its a lot easier to buy them on Havelock than to buy them on the forum and have to use someone as escrow not to mention you usually cannot buy a single share at a time.

I just don't want to see the AM 1's disappear from Havelock. There are those making that argument and having both AM 100's and AM 1's is valuable. Just look at our 2 distinct viewpoints on it. If there were no AM 1's on Havelock I would have to buy direct and Havelock would lose out on fees and the share count on Havelock would likely go down. Not being able to convert to direct shares is a huge downside for me.

arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
June 29, 2014, 03:39:16 AM
 #21174


You cannot convert them to direct shares.
You can only trade them on Havelock due to ^.
Nobody on BTCTalk can sell you 1/100th of a AM share and nobody on BTCTalk would buy 1/100th of a AM share.


Havelock's not the only place that sells fractional AM shares..   

https://796.com/asicminer?op=market

I can see an advantage to one asset, I don't see a downside of having two assets either..     If Google had fractional shares, perhaps I could afford some of those in real life as well...   Fractionals have their benefits.



I did know that 796 had them as well but you cannot transfer between the 2. I think its great to have the 2 different assets they both server a purpose. I just disagree with those that think AM 1 shares should be converted to AM 100 shares and that we should get rid of AM 1.
whalezy
Member
**
Offline Offline

Activity: 100
Merit: 10


View Profile
June 29, 2014, 05:13:15 AM
 #21175

You can transfer AM100 in 796 to direct share and 796 give AM100 100% dividend.

*WORLD BTC* WBTC
bitcoin.newsfeed
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
June 29, 2014, 10:00:18 AM
 #21176

Shareholders questions were submitted to Friedcat.

Thank you all for taking the time to participate in this round of shareholders questions.

Quote
1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?

2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners are and will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?

3) How many PH/s of gen 3 have already been sold/shipped by now ?

4) Has the "60 PH/s batch" progressed any further ? When is it supposed to be completely done ? How much has already been sold ?

5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?

6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, Hashratio is it possible to get some clarity on the relationships AM has with different groups ?

7) Is Asicminer selling chips at cost already ? Rumors have been going around that it is known in China that the chips are being sold at cost. Can we please have a confirm/deny on these rumors and explanation why ?

8 ) The last post mentioned that average sales cost is about .5$/gh, is this still the average ?

9) Has AM any stock repurchase plan for now or in the future ?

10) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?

11) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.

... Question Everything, Believe Nothing ...
Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
June 29, 2014, 04:41:37 PM
 #21177

Shareholders questions were submitted to Friedcat.

Thank you all for taking the time to participate in this round of shareholders questions.

Quote
1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?

2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners are and will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?

3) How many PH/s of gen 3 have already been sold/shipped by now ?

4) Has the "60 PH/s batch" progressed any further ? When is it supposed to be completely done ? How much has already been sold ?

5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?

6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, Hashratio is it possible to get some clarity on the relationships AM has with different groups ?

7) Is Asicminer selling chips at cost already ? Rumors have been going around that it is known in China that the chips are being sold at cost. Can we please have a confirm/deny on these rumors and explanation why ?

8 ) The last post mentioned that average sales cost is about .5$/gh, is this still the average ?

9) Has AM any stock repurchase plan for now or in the future ?

10) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?

11) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.

Thanks for submitting and taking the lead on this.
arousedrhino
Sr. Member
****
Offline Offline

Activity: 347
Merit: 250


View Profile
June 29, 2014, 06:08:08 PM
 #21178

You can transfer AM100 in 796 to direct share and 796 give AM100 100% dividend.

Wow well thats awesome, thanks for correcting me on that.
Swordsoffreedom
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


★Bitvest.io★ Play Plinko or Invest!


View Profile
June 29, 2014, 06:32:58 PM
 #21179

You can transfer AM100 in 796 to direct share and 796 give AM100 100% dividend.

That makes sense some users prefer the more liquid 1/100 asset which is easier to acquire and some people prefer the full share option and the ability to transfer to and from the exchange this option would remove that buffer and allow more liquidity in both.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
JoTheKhan
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


View Profile
June 30, 2014, 02:32:56 AM
 #21180

BTC-Garden and Rockminer (Rocket Box too) seem to be shipping now. Seems like real good news to me.
Pages: « 1 ... 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 [1059] 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 ... 1348 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!