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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3898783 times)
trek27
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September 12, 2014, 10:40:53 AM
 #22981

1) IMO this is the most plausible explanation of recent inflows to 1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i:

...
The answer to "why not all at once?" is: Because they don't want to manually log into all accounts every week/month and dump coins into the mining distribution wallet.
...
So really, there's nothing to suggest hidden hash power at BTC Guild, and this was not an attempt at share price manipulation.
...

2)  I don't think the above implicates imminent dividends. Before September there was a transaction of around 51btc and ... we are still waiting.

3) I'm convinced AM has more hashrate outside BtcGuild - net income is probably used/stashed for production/deployment/development.

 
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trek27
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September 12, 2014, 10:51:37 AM
 #22982

Has anyone else thought about this type of diversification or had any similar ideas for growth?  I think they'd be worth communicating to the board, and perhaps in a town-hall setting (shares = opportunities to speak?)

FC used to talk about diversification and idea for growth besides mining. From what I can remember he wanted to start various services around the blockchain like an exchange for example, but it seems that he forgot about those plans or the mining business didn't allow him to concentrate on anything else.

Yes, this is very interesting.
However, for the moment, FC should be 100% concentrated on getting AM on track in current model (chips, miners, self-mining) - just a matter of priority.
When AM claims, in sustainable way, let's say equivalent of 25%-30% of network hashrate, then such ideas could be absolutely great for the more distant future.
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September 12, 2014, 11:29:51 AM
 #22983

Yes, this is very interesting.
However, for the moment, FC should be 100% concentrated on getting AM on track in current model (chips, miners, self-mining) - just a matter of priority.
When AM claims, in sustainable way, let's say equivalent of 25%-30% of network hashrate, then such ideas could be absolutely great for the more distant future.

In my view AM has already lost the mining game with both miners sold to customers and the self-mining. I mean Bitfury who started later than AM has/had ~40%-50% of the network hashrate at one point just a few months ago. Even KnC started with one 10MW DC and now they have 3 DCs. If they can do it then AM, who had the head start could do it too, but at this point they just don't matter. Call it trolling or whatever, but it's just my opinion based on what's going on: low sales, no information about the self-mining hashrate. As always feel free to contradict me with facts instead of calling me names.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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September 12, 2014, 12:37:54 PM
 #22984

What information would you like to see?

Passing this question on to the others. Yeah, csv-export of all trades or shares im-/export would surely be nice. I can also second the request for recent trades, that list needs to be bigger.
But I guess you were just offering to give us some data to play around with, right? Cheesy

I also agree that that recent trades list is far too short.. As well as increasing it's length, a link to the csv at the top or bottom of the recent trades list would work well.
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September 12, 2014, 12:41:43 PM
 #22985

any dividend payment of any size would be a good sign

No definitely NOT at 0.0003BTC level!

Would such a dividend along with news of gen 4 tape-out suffice? Would such a dividend paid every week for the next year be acceptable to you? What exactly are you expecting anyway in the form of dividends?
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September 12, 2014, 01:04:14 PM
 #22986

Yesterday wasn't a big surprise.  But, it also wasn't a big event.
Now, if it kept paying out 10BTC every hour, and didn't stop... that might have been a big event.

I do expect more of these smaller events to start happening.
Mining.
Equipment sales.
Chip sales.
Franchise mining.
People aren't sitting on their thumbs - there are lots of coins sitting somewhere.
And will probably start consolidating in known addresses

And then you have Gen4 on the horizon...

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September 12, 2014, 02:09:52 PM
 #22987

Yes, this is very interesting.
However, for the moment, FC should be 100% concentrated on getting AM on track in current model (chips, miners, self-mining) - just a matter of priority.
When AM claims, in sustainable way, let's say equivalent of 25%-30% of network hashrate, then such ideas could be absolutely great for the more distant future.

In my view AM has already lost the mining game with both miners sold to customers and the self-mining. I mean Bitfury who started later than AM has/had ~40%-50% of the network hashrate at one point just a few months ago. Even KnC started with one 10MW DC and now they have 3 DCs. If they can do it then AM, who had the head start could do it too, but at this point they just don't matter. Call it trolling or whatever, but it's just my opinion based on what's going on: low sales, no information about the self-mining hashrate. As always feel free to contradict me with facts instead of calling me names.

FACT: You don't have any information to be making the claim that miners are not selling as well as expected. You don't have the necessary info to backup the majority of your claims.
FACT: You keep making stuff up and presenting it as facts when it's actually just opinion.
FACT: With PSU and shipping included, 3 Tubes costs less than a single SP20 and will provide 2.4 Th/s compared to 1.7 Th/s.
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September 12, 2014, 03:34:47 PM
 #22988

...
FACT: You don't have any information to be making the claim that miners are not selling as well as expected. You don't have the necessary info to backup the majority of your claims.
...

None of you have any info, because no one who does is talking to you.
Two possible reasons for this:

  1.  Things are going swimmingly, and Friedcat enjoys trolling you.
  2.  Things are, indeed, as ass as they seem Smiley

Not that I don't enjoy your pep talks, Mabsurk, I do.  Something romantic about doggedly sticking to untenable positions, and fuck logic and common sense.
And, I won't lie, there's teh lulz.
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September 12, 2014, 03:56:24 PM
 #22989


Lulz


Teh only lulz in here are your lameful once in a while trolling Kiss
NotLambchop
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September 12, 2014, 04:34:52 PM
 #22990

Which scam thread do I remember you from, hdbuck?   Not that it matters, they're all basically the same.  Did it go something like this?
  
  1.  I called a scam.
  2.  You thought you knew better.
  3.  You raged.
  4.  The scam, as promised, turned out to be a scam.
  5.  You forgot to admit your stupidity and apologise, because stupid.

Just for giggles, tho, which one was it?  No lying now, you're probably no better at that than at investin' Angry

  ~Happy Investing!
Mabsark
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September 12, 2014, 04:44:43 PM
 #22991

Teh only lulz in here are your lameful once in a while trolling Kiss

I don't know why you're even bothering wasting your time with this person. Just stick him on ignore. He just basically repeats the same old crap every post regardless of the thread. "It's a scam. I warned you from the very beginning! I'm so clever and you're so stupid!"

His rambling is just boring and predictable at this point.
sngwinner
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September 12, 2014, 04:51:18 PM
 #22992

I just don't get why Friedcat can't acknowledge that he missed his target of dividends by end of August and present a new target or goal that will be accomplished by a certain timeline. It's pretty absurd to give a goal to shareholders, have that date pass, and not provide an update or revised forecast.

Friedcat, you're responsible to shareholders. Please start giving a little more information so were not just blowing in the wind.

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NotLambchop
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September 12, 2014, 04:52:16 PM
 #22993

... He just basically repeats the same old crap every post regardless of the thread. "It's a scam. I warned you from the very beginning! I'm so clever and you're so stupid!"

...and hasn't been wrong ONCE.

Either i'm really smart, or you're really stupid for "investing" in a market where EVERYTHING is a scam, or, at best, an honest failure.  

Food for thought Smiley
stompysteve
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September 12, 2014, 04:59:01 PM
 #22994

Teh only lulz in here are your lameful once in a while trolling Kiss

I don't know why you're even bothering wasting your time with this person. Just stick him on ignore. He just basically repeats the same old crap every post regardless of the thread. "It's a scam. I warned you from the very beginning! I'm so clever and you're so stupid!"

His rambling is just boring and predictable at this point.
If you plant enough seeds one of them is bound to grow
Lohoris
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September 12, 2014, 05:20:20 PM
 #22995

If you plant enough seeds one of them is bound to grow
If they all grow, however...

1LohorisJie8bGGG7X4dCS9MAVsTEbzrhu
DefaultTrust is very BAD.
arnuschky
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September 12, 2014, 06:37:04 PM
 #22996

Funny how this thread was really readable for a few days while the trolls were hiding.
Must be the weekend that brought them out of their holes...  Grin
MichaelBliss
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September 12, 2014, 06:45:13 PM
 #22997

It's pretty absurd to give a goal to shareholders, have that date pass, and not provide an update or revised forecast. 

"Hopefully August divs" was info passed on to us 2nd hand, not from Friedcat. 
hdbuck
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September 12, 2014, 06:57:55 PM
 #22998

It's pretty absurd to give a goal to shareholders, have that date pass, and not provide an update or revised forecast. 

"Hopefully August divs" was info passed on to us 2nd hand, not from Friedcat. 

FC would not say something he would not be sure of (ie. he would not lie). Whether you can deal with it or not, it is a business philosophy i am more confident with.
But i get it that it could also appear as some treachery to other people. At this point it's just about the records and the guts. Big boys.
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September 12, 2014, 07:07:45 PM
 #22999

I am still holding and even adding to my position but Friedcat really has shown a total disregard towards communication with shareholders and setting any sort of solid goal or update.

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September 12, 2014, 07:10:52 PM
 #23000

At this point it's just about the records and the guts. Big boys.

Yes... because "big boys" invest using their "guts" in anonymous online companies with no investor relations, no financial data, multiple generations of failed/underperforming products, and an anonymous CEO who goes by "friedcat".
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