ASICMINER: Entering the Future of ASIC Mining by Inventing It

[raskul]

most honourable.

[1714218937]

1714218937

[1714218937]

1714218937

[explorer]

I sold off the last of my holdings today at BTC0.098 for a sad loss, and based on what I've read from customers (not to mention what I've not read from friedcat&co. due to an utter lack of communication), I've set my expectations for lower future sales based on the current pricing strategy accordingly.

Should have waited, could have sold for 50% more. AM1 sits at 0.15BTC/share as we speak.

I have a feeling someone was waiting for the type of volume I laid down...reeks of market manipulation.  Again, not to sound like RoadStress et al., but just read the Prisma thread to see where you should be pricing shares.  None of those ~0.15BTC asks were up earlier this morning...looks like someone cleared out the ask sheet to try and pick off a few gullible newbs for a profit.

Or.. Somebody knows something..  

well well.. it seems somebody did know something afterall  

Hmmm.  Sold some expecting to see it drop back     Whatever, dropped it into AMhash3, see where it leads 

[KarmaShark]

for those that dont look at the hardware thread

Till now we received enough returned Prismas to get a statistical conclusion.
We decide that the old Prisma design has some flaws in both firmware and hardware.
Therefore manually fixing them and shipping them back take too long and are
not good for both our customers and us.

So the customers can choose one in the two offerings below:

1. We buy back the Prismas at the original price the customers pay.
The customers only need to ship the controller and the hashing boards back.
The fans and heatsinks are not needed. Customers who already shipped them back
can also switch to this option.

2. We use revised version of Prismas based on our new power management chips
to replace old ones, instead of returning old designs or replacing. This version is very
stable and has no problem of hashrate loss/overheat/can't identify boards/etc.
The compensation method for mining time loss is the same as before.

We cover shipping fee of both, if you can provide the shipping label.

We are very sorry for all the problems brought with the old version Prisma. The revised Prisma with our
own power management chips is much more stable. So if you are still able to put some trust on it and
accept the waiting of compensation (it accumulates with each delayed date anyway), you can choose
the second.

Please email us to sale@bitquan.com with the following information and format:

* Personal info,shipping address,tel number
* Date of buying our Prisma
* Your previous individual/exclusive btc payment address
* Number of broken Prsima boards (have to be fit well with the number you shipped back)
* Date you received your miners,date of shipping back
* The picture of the shipping label with the shipping price on it
* Your btc receivable address. it will be best to be the one you paid to us before. If the btc
receiving address is different, please sign the message with your address used for payment if you could.

For customers who already shipped back, please mail to us again (sale@bitquan.com) about the choice
you want to take.

Phasebird will reply afterwards with the new shipping address within US and EU. It
allows quicker turn-around time.

In an industry full of charlatans, Fried Cat stands alone. Proud to be a shareholder on a day like this.

[Mabsark]

If anyone is interested in promoting AMHash, you can use my sig if you want:

Code:

[table]
[tr]
[td]
[size=23pt][font=Arial][url=https://bitcointalk.org/index.php?topic=833704.0][b][color=#434343]AM[/color][color=#0082E5]Hash[/color][/b][/url][/font][/size]
[/td]
[td]
[size=10pt][font=Arial][b][url=http://www.asicmn.com][color=#434343]ASIC[/color][color=#85be46]MINER[/color][/url] ● [url=http://www.rockminer.com][color=#434343]ROCK[/color][color=#F54325]MINER[/color][/url][/b] ● Purchase from: [url=http://www.amhash.com/pricing.htm][b][color=#434343]AM[/color][color=#0082E5]Hash[/color][/b][/url] (20 Th/s minimum) ● [url=https://www.havelockinvestments.com/fund.php?symbol=AMHASH3][b][color=#A98921]Havelock[/color][/b][/url] (1 Gh/s minimum)[br][b][url=http://www.amhash.com/pricing.htm][color=#000000]Cloud-mining contracts: 0.0012 BTC per Gh ● Maintenance fee: $0.001551 per Gh per day ● Upto 6% Christmas Bonus[/color][/url][/b][/font][/size]
[/td]
[/tr]
[/table]

[hdbuck]

lol mabsark what the hell happened to your trust ratings? ^^

[Mabsark]

lol mabsark what the hell happened to your trust ratings? ^^

Someone invested in a ponzi didn't like that I gave that ponzi negative feedback.

[FreedomFund]

for those that dont look at the hardware thread

Till now we received enough returned Prismas to get a statistical conclusion.
We decide that the old Prisma design has some flaws in both firmware and hardware.
Therefore manually fixing them and shipping them back take too long and are
not good for both our customers and us.

So the customers can choose one in the two offerings below:

1. We buy back the Prismas at the original price the customers pay.
The customers only need to ship the controller and the hashing boards back.
The fans and heatsinks are not needed. Customers who already shipped them back
can also switch to this option.

2. We use revised version of Prismas based on our new power management chips
to replace old ones, instead of returning old designs or replacing. This version is very
stable and has no problem of hashrate loss/overheat/can't identify boards/etc.
The compensation method for mining time loss is the same as before.

We cover shipping fee of both, if you can provide the shipping label.

We are very sorry for all the problems brought with the old version Prisma. The revised Prisma with our
own power management chips is much more stable. So if you are still able to put some trust on it and
accept the waiting of compensation (it accumulates with each delayed date anyway), you can choose
the second.

Please email us to sale@bitquan.com with the following information and format:

* Personal info,shipping address,tel number
* Date of buying our Prisma
* Your previous individual/exclusive btc payment address
* Number of broken Prsima boards (have to be fit well with the number you shipped back)
* Date you received your miners,date of shipping back
* The picture of the shipping label with the shipping price on it
* Your btc receivable address. it will be best to be the one you paid to us before. If the btc
receiving address is different, please sign the message with your address used for payment if you could.

For customers who already shipped back, please mail to us again (sale@bitquan.com) about the choice
you want to take.

Phasebird will reply afterwards with the new shipping address within US and EU. It
allows quicker turn-around time.

In an industry full of charlatans, Fried Cat stands alone. Proud to be a shareholder on a day like this.

Great work Fried Cat! The community appreciates all that you and your team are doing to evolve the company and stay competitive.

[raskul]

-snip-
In an industry full of charlatans, Fried Cat stands alone.

you know that is not true, however, it is admirable that he is following the examples set out by others.

[SpanishSoldier]

-snip-

Great work Fried Cat! The community appreciates all that you and your team are doing to evolve the company and stay competitive.

Is there any publicly available picture of friedcat and his team ? If yes, can anyone please point me to that ? Just inquisitive...

[Mabsark]

Is there any publicly available picture of friedcat and his team ? If yes, can anyone please point me to that ? Just inquisitive...

Here you go.

[xhomerx10]

If anyone is interested in promoting AMHash, you can use my sig if you want:

 That's an awesome sig!  I will take you up on that offer.  Thanks!

[raskul]

lol mabsark what the hell happened to your trust ratings? ^^

Someone invested in a ponzi didn't like that I gave that ponzi negative feedback.

+'ve from me, wear it well 

[elasticband]

If anyone is interested in promoting AMHash, you can use my sig if you want:

 That's an awesome sig!  I will take you up on that offer.  Thanks!

) embed links in the text, so that things like upto 6% christmas bonus could take you to the information page or post regarding this


Upto 6% Christmas Bonus

[Mabsark]

embed links in the text, so that things like upto 6% christmas bonus could take you to the information page or post regarding this


Upto 6% Christmas Bonus

Done.

+'ve from me, wear it well  

Thanks.

[glendall]

Congrats to AM! I was a bit pessimistic about the company's future last few months but gen4 sounds great, things are looking up. Definitely a company that I'd want to see succeed, from the get-go they've shown themselves to be trustworthy.

And looks like I was right thinking that was some inside good news responsible for the share price jump.

[romerun]

this could mean FC is confident that the be300s is the killer, and he don't mind refunding dust

[jjdub7]

Sadly, this doesn't matter anymore.  When BitFury releases it's IPO price in the next 6months after their upcoming gen release, it will and should absolutely shatter the AM share price (creating a similar effect to what's in play RE: IBM vs. AMD $ share price).  There will be a David vs. Goliath scenario in these chip mfg sectors - just...please don't envision your sight of David's size if you've never had to really compete with Goliath on the open market...the over-estimation of the equity's future value without a key growth plan would make you vomit make you vomit if you could see the writing now on the wall with BitFury press + the recent Microsoft announcement...

This is a prime scenario that explains where a company could completely burn it's goodwill ledger.  One poor end user, home-based product generation has eliminated a whole sector's worth of market-reciprocal investors.  This type of equity-present-value loss could only really be recovered at this granite-shill inflated price right now.  Looks like a few board members see the cancer in their portfolios at a stage 3, when they expected notification at the onset of stage 1.

Literally terrifying to think about.  That being said,AM's cash reserves are fucking enormous.  If you haven't been personally monitoring the associated addresses on a 2-3 day basis, you're missing it completely.  Just remember that compared to BitFury, any dividends paid are not reinvested capital.  And those funds are some dank, sad, stagnant couplings of bullion-esque data.

AND AMHASH is the realistic mining/"transaction processing - fuck you, BitFury" solution that the sector desperately needed...so don't ignore it completely - there's potential in AM still to come, just nowhere near when you think it will arrive.

[jimmothy]

Sadly, this doesn't matter anymore.  When BitFury releases it's IPO price in the next 6months after their upcoming gen release, it will and should absolutely shatter the AM share price (creating a similar effect to what's in play RE: IBM vs. AMD $ share price).  There will be a David vs. Goliath scenario in these chip mfg sectors - just...please don't envision your sight of David's size if you've never had to really compete with Goliath on the open market...the over-estimation of the equity's future value without a key growth plan would make you vomit make you vomit if you could see the writing now on the wall with BitFury press + the recent Microsoft announcement...

This is a prime scenario that explains where a company could completely burn it's goodwill ledger.  One poor end user, home-based product generation has eliminated a whole sector's worth of market-reciprocal investors.  This type of equity-present-value loss could only really be recovered at this granite-shill inflated price right now.  Looks like a few board members see the cancer in their portfolios at a stage 3, when they expected notification at the onset of stage 1.

Literally terrifying to think about.

Bitfury hopes to achieve 0.2 j/gh with their next gen. AM achieved 0.2 j/gh.

[jjdub7]

Sadly, this doesn't matter anymore.  When BitFury releases it's IPO price in the next 6months after their upcoming gen release, it will and should absolutely shatter the AM share price (creating a similar effect to what's in play RE: IBM vs. AMD $ share price).  There will be a David vs. Goliath scenario in these chip mfg sectors - just...please don't envision your sight of David's size if you've never had to really compete with Goliath on the open market...the over-estimation of the equity's future value without a key growth plan would make you vomit make you vomit if you could see the writing now on the wall with BitFury press + the recent Microsoft announcement...

This is a prime scenario that explains where a company could completely burn it's goodwill ledger.  One poor end user, home-based product generation has eliminated a whole sector's worth of market-reciprocal investors.  This type of equity-present-value loss could only really be recovered at this granite-shill inflated price right now.  Looks like a few board members see the cancer in their portfolios at a stage 3, when they expected notification at the onset of stage 1.

Literally terrifying to think about.

Bitfury hopes to achieve 0.2 j/gh with their next gen. AM achieved 0.2 j/gh.

I hate to say it, but the initial limitation of shades outstanding by BitFountain may have damned ASICMINER unless it can gain access at minimum to global university-grade research facilities in a strategic, peer-level, media-critiqued and publicized partnership.  Otherwise, real men with real knowledge, money, and balls, (and access to real intellectual capital to compete via the damn money and the explicit consent of regulators...will blow AM so far off the map that shareholders will be stuck settling for ~25k satoshi divs for years before the P/E discrepancy between BitFury and AM is reconciled, just like the scenario with Intel (sorry, not IBM) and AMD at present.

[Mabsark]

Someone's regretting selling their shares methinks!