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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3898971 times)
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September 19, 2014, 05:53:50 PM
 #23241

Did anyone ever figure out who the private backers were for the data tank project?  I think its safe to say that the data tank guys knew the AsicMiner guys as most of Data Tanks prospectus was based off of the BE200 chip.  Has anyone explored if Friedcat was the mysterious backer who bought up all the shares and they are currently working to setup and deploy these immersion cooled tanks?
It wouldn't be too far fetched that what is on BTCguild right now is more of a proof of concept, trying it out in small scale before finalizing the full tank design, and if I remember correctly the timeline that data tank would be operational is coming around soon.

Not speculating or anything, was just wondering if anyone had thought of this or explored whether or not Friedcat could be one of the mysterious backers of this project?



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September 19, 2014, 06:00:09 PM
 #23242

Wisdom's projecting ~18% - is that according to BitcoinCharts?  In my experience, Wisdom's been a bit more accurate.  I think charts uses a simple moving average while Wisdom uses a first-order expansion or similar based on the 504-moving average

Yeah, that's based on BitcoinCharts.
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September 19, 2014, 06:03:03 PM
 #23243

And with the $500 exchange rate.

If you forecast a permanently sliding exchange rate, what are you doing holding btc?

Because I don't live off bitcoin.

Wisdom's projecting ~18% - is that according to BitcoinCharts?  In my experience, Wisdom's been a bit more accurate.  I think charts uses a simple moving average while Wisdom uses a first-order expansion or similar based on the 504-moving average

Yeah, that's based on BitcoinCharts.

BitcoinWisdom has the best predictions. Don't follow bitcoincharts.

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September 19, 2014, 06:03:48 PM
 #23244

Has anyone explored if Friedcat was the mysterious backer who bought up all the shares and they are currently working to setup and deploy these immersion cooled tanks?

Not speculating or anything, was just wondering if anyone had thought of this or explored whether or not Friedcat could be one of the mysterious backers of this project?

If officially confirmed this would be great news - especially that AM will need a lot of capacity for gen4.
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September 19, 2014, 06:37:51 PM
 #23245

And with the $500 exchange rate.

If you forecast a permanently sliding exchange rate, what are you doing holding btc?

Because I don't live off bitcoin.

More to the point, why are you spending thousands of dollars on pre-orders if you think the bitcoin price is going to continue to fall?
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September 19, 2014, 09:34:24 PM
 #23246

It's getting bloody out here.
How about some help from those who can help.

FC?
Someone from the board?
Mommy?
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September 19, 2014, 09:55:53 PM
 #23247

It's getting bloody out here.
How about some help from those who can help.

FC?
Someone from the board?
Mommy?

Once it is down to .08 I might even buy some shares!
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September 19, 2014, 10:43:50 PM
 #23248

And with the $500 exchange rate.

If you forecast a permanently sliding exchange rate, what are you doing holding btc?

Because I don't live off bitcoin.

More to the point, why are you spending thousands of dollars on pre-orders if you think the bitcoin price is going to continue to fall?

I'm spending magic internet money on pre-orders, not dollars.

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September 20, 2014, 12:40:30 AM
 #23249

And with the $500 exchange rate.

If you forecast a permanently sliding exchange rate, what are you doing holding btc?

Because I don't live off bitcoin.

More to the point, why are you spending thousands of dollars on pre-orders if you think the bitcoin price is going to continue to fall?

I'm spending magic internet money on pre-orders, not dollars.

Maybe im wrong but, doesnt it take dollars to produce "magic internet money"?  I dont see much of a difference.
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September 20, 2014, 12:48:46 AM
 #23250

Maybe im wrong but, doesnt it take dollars to produce "magic internet money"?  I dont see much of a difference.

Not after a certain level.

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September 20, 2014, 01:04:08 AM
 #23251

Not sure what will staunch the bleeding here.

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WALLET




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September 20, 2014, 01:08:37 AM
 #23252

Thank you, fc. You have turned the most promising BTC venture to cat shit. Well done.
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September 20, 2014, 01:19:12 AM
 #23253

Silence + btc price =   Cry


Nothing changes in the Bitcoin world does it....  Undecided

Only the difficulty... Smiley
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September 20, 2014, 01:34:11 AM
 #23254

Silence + btc price =   Cry


Nothing changes in the Bitcoin world does it....  Undecided

Only the difficulty... Smiley

Not much change there. It just goes up  Cheesy
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September 20, 2014, 01:37:29 AM
 #23255

Thank you, fc. You have turned the most promising BTC venture to cat shit. Well done.

If you don't want a single satoshi from AM, are you planning to sell all your shares or to donate (any) future dividends  Huh
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September 20, 2014, 01:41:37 AM
 #23256

Thank you, fc. You have turned the most promising BTC venture to cat shit. Well done.

If you don't want a single satoshi from AM, are you planning to sell all your shares or to donate (any) future dividends  Huh

I am not expecting anything. And yes, I am planning to sell all my shares. No, I will not donate. AM cost me much too much already.
I am too skint to donate anything though...
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September 20, 2014, 02:14:02 AM
 #23257

There's a mining war happening out there, just hope FC comes riding back home on top of his stallion with a bucket load of btc behind


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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willBTC
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September 20, 2014, 04:00:15 AM
 #23258

any one who want to sell shares , please PM me , I want to buy 700 shares, fixed price is 0.13BTC  per share.

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ASICMINERTUBE
         The Best $/Gh Bitcoin Miner So Far              Discover now!
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romerun
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Bitcoin is new, makes sense to hodl.


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September 20, 2014, 04:59:28 AM
 #23259

3d optical chips could be the future of asic mining
Bonam
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September 20, 2014, 06:04:50 AM
 #23260

Without word from FC (or better yet, actions rather than words), not long before we are below IPO prices. Then the fanboys won't have the "we are above IPO price!" talking point any more...
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