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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3898893 times)
Blazed
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July 09, 2014, 03:05:49 PM
 #21321

Exactly...not like I am some newbie with no trust and would post random crap for no reason.  I was hesitant at first to post it, but if it were a secret I am sure FC would have said "hey keep this between us".
I do sorta understand how people here get worked up with all the scammers and such, but it would not make any sense to make up some formula like that...figured it was relevant in this thread...
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Franktank
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July 09, 2014, 04:19:43 PM
 #21322

Just announced:

https://twitter.com/RockMinerInc/status/486895634503311362

Anyone have the specifications?
MilkyLep
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July 09, 2014, 04:27:37 PM
 #21323

Just announced:

https://twitter.com/RockMinerInc/status/486895634503311362

Anyone have the specifications?

Waiting on a reply, havent seen anything yet.

Either you own the bitcoins(private keys) or you don't. However with moneroj, nobody knows what you own.
Secure. Private. Untraceable.
Chris_Sabian
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July 09, 2014, 04:53:24 PM
 #21324

Just announced:

https://twitter.com/RockMinerInc/status/486895634503311362

Anyone have the specifications?

Waiting on a reply, havent seen anything yet.

That is their 4th miner in 2 months... Good for them and good for AM
xhomerx10
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July 09, 2014, 04:57:56 PM
 #21325

Just announced:

https://twitter.com/RockMinerInc/status/486895634503311362

Anyone have the specifications?

 That is just 2 R3s wrapped in metal.
 Multiply the R3 specs by 2 to get the specs.

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July 09, 2014, 10:20:28 PM
 #21326

I agree it does look like two R3's held together with duct tape some metal.

http://www.bitell.com/index.php/archives/2004/

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July 09, 2014, 11:45:24 PM
 #21327

Here hope this shuts you up now...why would I make up some formula like that..

Yes, that's all I asked for.

What he said was true, but the world doesn't owe you evidence buddy.  Either believe it or not, but please don't be one of the many paranoid jack asses calling everyone a liar on here.     You were wrong about your suppositions here, how often are you wrong like this when you presume - and what will you do the next time around?  (hint: stfu)


I didn't call him a liar and what was I supposed to be wrong about? I didn't say he was wrong, I simply asked for proof because there's too many people spreading lies in this thread for whatever reason. What will I do next time someone makes a claim and attributes it to friedcat without any evidence? I'll ask them to provide evidence. Everyone should do that, it's just common sense. You may be gullible enough to believe every word of a random stranger on the Internet without any proof whatsoever, but I'm not.

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July 10, 2014, 12:21:48 AM
 #21328

For those that utilize Twitter:

Allied Control (Link)/DataTank (Link)
BTC Garden (Link)
LightningASIC (Link)
XBTec (Link)
ROCKMiner (Link)

Note that for those who are keen of being anonymous, you won't be able to use the "Follow" feature but those are the links for updates of AM OEMs. Some tend to post more often then others.
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July 10, 2014, 12:33:57 AM
 #21329

The market, according to Havelock, is not very impressed with all of these companies buying AM's chips...
JoTheKhan
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July 10, 2014, 12:50:40 AM
 #21330

The market, according to Havelock, is not very impressed with all of these companies buying AM's chips...

Rumors of selling at cost a long with FC saying Divs will come out when the company is cash positive does not give off a very bullish feeling.
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July 10, 2014, 01:23:57 AM
 #21331

The market, according to Havelock, is not very impressed with all of these companies buying AM's chips...

Rumors of selling at cost a long with FC saying Divs will come out when the company is cash positive does not give off a very bullish feeling.

But the only person to my knowledge who was saying that FC as selling at cost was the CEO of Spondoolies-Tech...  That source, since they are a competitor to AM, isn't reliable.
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July 10, 2014, 04:48:09 AM
 #21332

I'm starting to think a good number of the rumors of selling chips at cost were people confusing franchise deals.  Translating things back and forth into Chinese has always, and will always cause a bit of confusion.

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July 10, 2014, 04:59:14 AM
 #21333

We provide: whole mining device excluding PSU.
You provide: PSU, location, operation.

On each difficulty change, you pay us:

(x - 4.59*10^(-5)*t/y)*80% in which
x = 100% PPS of 850G
y = Bitcoin exchange rate on bitstamp
t = seconds in the last round
This is per device.
4.59*10^(-5) is electricity cost per second assuming power is 0.15$/kwh and each device draws 1.1kw.

If (x - 4.59*10^(-5)*t/y)*80% is already equal to or less than zero, or after three months and you decide that the project should discontinue, you can either sell them at market price (which is agreed by us) and pay us 80% of the sold value, or ship them back to us.

After that we give the deposit back to you.

Was there a minimum amount of devices?  What about shipping costs?

hello, world!
bitdude
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July 10, 2014, 05:09:14 AM
 #21334

The market, according to Havelock, is not very impressed with all of these companies buying AM's chips...

But not necessarily because these are not good news, possibly because people are nervous about the dividends.
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July 10, 2014, 06:11:33 AM
 #21335

The market, according to Havelock, is not very impressed with all of these companies buying AM's chips...

But not necessarily because these are not good news, possibly because people are nervous about the dividends.

Sounds about right its more or less the market will start waking up when dividend payments are out and its sleepy hollow in the intermin.
You know try and find some yield while you wait logic.
bobboooiie
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July 10, 2014, 12:48:16 PM
 #21336

How often are financials released? quarterly ?
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July 11, 2014, 02:30:35 AM
 #21337

How often are financials released? quarterly ?
It's whatever
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July 11, 2014, 03:51:43 AM
 #21338

How often are financials released? quarterly ?
It's whatever

Man, when you put it like that...
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July 12, 2014, 04:09:01 AM
 #21339

It's now been a little over a month since FC stated that the amount of chips we currently had would last is about a little over a month. I wonder if we did another run and gained more chips, it seems that they are being put to good use. I'm a little curious. I hope we did.
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July 12, 2014, 10:49:59 AM
 #21340

I know this isn't the speculation thread, but since there isn't a chance of ruining regular conversation, here's my thoughts;
I don't think our Q&A request is going to corner cat to talk about anything before he's ready to.
I think we asked such specific questions, we're going to have to wait until he CAN answer those questions, before he does.
Which means that some of those questions are not ready to be answered yet.

A "Nope, not sold out yet." response would be devastating.
But, I don't think that's why we haven't heard back from him.
I'm not usually a very patient person, but in this case, this company has always under promised and over-delivered.
Sine I've never been wrong about them, I'm going to assume they are planning a major over-delivery, and I'll give 'em all the space they need to do it.

I just hope they do it soon...  Smiley
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