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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916328 times)
RoadStress
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February 27, 2015, 11:45:09 AM
 #25341


I thought that was AM plan from the start too. Except that it never materialized. (except a useless 500kW immersion cooling setup)

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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shawshankinmate37927
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February 28, 2015, 02:20:57 AM
 #25342


I thought that was AM plan from the start too. Except that it never materialized. (except a useless 500kW immersion cooling setup)

Coulda, shoulda, woulda.... Cry

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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February 28, 2015, 02:52:45 AM
 #25343

FYI

Quote
BitFury has announced it has completed the manufacturing of its anticipated 28nm ASIC chip.

The company reported the chip has been tested to deliver 0.2 joules-per-gigahash, a figure it had advertised widely at the time the project was announced.

BitFury continuously improves its market-leading technology and we are already hard at work on the next generation 16nm chip that is expected to achieve 0.06 J/Gh this year.

http://www.coindesk.com/bitfury-launches-new-28nm-bitcoin-mining-asic/

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February 28, 2015, 03:07:52 AM
 #25344

yeah
and that farm i posted above is all antminer machines
looks like another fail year like last one for AM
what exactly does FC do over there in china anyway?
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February 28, 2015, 03:33:43 AM
 #25345

yeah
and that farm i posted above is all antminer machines
looks like another fail year like last one for AM
what exactly does FC do over there in china anyway?

I would think their only market at this point is self mine and AMHash. I just noticed a Prisma 2.0 was released...was this even advertised?
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February 28, 2015, 04:08:00 AM
 #25346

yeah
and that farm i posted above is all antminer machines
looks like another fail year like last one for AM
what exactly does FC do over there in china anyway?

It's not all antminer machines.

It's a megafarm in inner Mongolia started by an AM customer (hashratio) and it's where practically all Chinese manufacturers set up their farms. (Avalon, Hashratio, Innosilicon, Bitmain, and several other mining operations)

FC knows about this place and has likely already deployed there or somewhere else with equally cheap electricity.
CanaryInTheMine
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February 28, 2015, 04:17:32 AM
 #25347

Well folks,
This looks like the end of the road for AM.  Friedcat has abandoned it.  I secretly hope this nudges him out, but all indications are that he has left the building.  Another one bites the dust. Sad
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February 28, 2015, 04:21:45 AM
 #25348

Well folks,
This looks like the end of the road for AM.  Friedcat has abandoned it.  I secretly hope this nudges him out, but all indications are that he has left the building.  Another one bites the dust. Sad

This is very sad to hear. Really doesn't sound Friedcat-like at all. Why would the guy who has always gone out of his way to make things right do this?

Only reason I can think of would be that be300 turned out to be a total failure.

Can you elaborate further on what makes you think FC abandoned the company?
CanaryInTheMine
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February 28, 2015, 04:30:11 AM
 #25349

Well folks,
This looks like the end of the road for AM.  Friedcat has abandoned it.  I secretly hope this nudges him out, but all indications are that he has left the building.  Another one bites the dust. Sad

This is very sad to hear. Really doesn't sound Friedcat-like at all. Why would the guy who has always gone out of his way to make things right do this?

Only reason I can think of would be that be300 turned out to be a total failure.

Can you elaborate further on what makes you think FC abandoned the company?
Internal interference.  I would guess he's had enough of bullshit
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February 28, 2015, 04:31:56 AM
 #25350

Internal interference.  I would guess he's had enough of bullshit

What is "internal interference", and what bullshit has he had enough of?

Can you just tell us everything you know? This is like trying to put together a puzzle with just a single piece..
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February 28, 2015, 04:55:15 AM
 #25351

welcome to the jungle.

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February 28, 2015, 05:14:53 AM
 #25352

Well folks,
This looks like the end of the road for AM.  Friedcat has abandoned it.  I secretly hope this nudges him out, but all indications are that he has left the building.  Another one bites the dust. Sad

This is very sad to hear. Really doesn't sound Friedcat-like at all. Why would the guy who has always gone out of his way to make things right do this?

Only reason I can think of would be that be300 turned out to be a total failure.

Can you elaborate further on what makes you think FC abandoned the company?
Internal interference.  I would guess he's had enough of bullshit

These are strong words coming from you Canary. I wonder what is going on over there.
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February 28, 2015, 05:32:12 AM
 #25353

Well folks,
This looks like the end of the road for AM.  Friedcat has abandoned it.  I secretly hope this nudges him out, but all indications are that he has left the building.  Another one bites the dust. Sad

Where are you hearing this from?

Is it just me or is this downtime from Havelock suspiciously 'poorly' timed. AMHash suspends dividends and now this Friedcat rumour. It's a little too circumstantial for my taste.    Huh
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February 28, 2015, 05:40:07 AM
 #25354

Well folks,
This looks like the end of the road for AM.  Friedcat has abandoned it.  I secretly hope this nudges him out, but all indications are that he has left the building.  Another one bites the dust. Sad


Are you referring to Friedcat coming to the forums here to update shareholders or are you insinuating that Friedcat has abandoned ASIC MINER? I assumed the reason he has not shown up lately is due to the holiday there, the fact the chips are being mass produced now so there may be down time, and he isn't known for posting often unless there is something needed to say.


Want to clearly elaborate for the rest of us? What is being suggested would be potentially devastating news.
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February 28, 2015, 05:47:29 AM
 #25355

Well folks,
This looks like the end of the road for AM.  Friedcat has abandoned it.  I secretly hope this nudges him out, but all indications are that he has left the building.  Another one bites the dust. Sad


Are you referring to Friedcat coming to the forums here to update shareholders or are you insinuating that Friedcat has abandoned ASIC MINER? I assumed the reason he has not shown up lately is due to the holiday there, the fact the chips are being mass produced now so there may be down time, and he isn't known for posting often unless there is something needed to say.


Want to clearly elaborate for the rest of us? What is being suggested would be potentially devastating news.
Agree!
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February 28, 2015, 11:47:32 AM
 #25356

Does anyone know the actual address of the asicminer office?
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February 28, 2015, 12:00:15 PM
 #25357

Does anyone know the actual address of the asicminer office?

I'd say someone must.  I find it hard to believe that everyone simply sent money to a random Anon from the internet.

  ~Happy Investing!
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February 28, 2015, 02:17:20 PM
 #25358

Where is Mabsark to come and say this will all be fine?  Roll Eyes
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February 28, 2015, 02:18:34 PM
 #25359

This will all be fine.
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February 28, 2015, 02:20:30 PM
 #25360

The Announcement of AMHash Dividends Suspending

Dear customers,

We are very sorry to inform you that we have to continue to delay AMHash’s dividends,as we haven't received the payment from ASICMINER since 8th Feb,we are trying to communication with ASICMINER for this issue :

1. Dividends will be restarted in 24 hours as soon as ASICMINER sending us BTCs.

2. Dividends will be paid from 8th Feb and all missing dividends will be included if we get the payment.

3. Trading of AMHash1 on HAVELOCK will also be suspended until the dividends restart.

4. Any third-party platform collapse will be handled in the same way as hashie.co, AMHash will complete the hashrates transferring and subsequent dividends.

We are still in active communication with ASICMINER, please be patient,and we will update in time if we get any new information.

AMHash Team



Perhaps this is what Canary was referring to? What AMhash means by "in active communication" is uncertain to me given there is a slight language barrier. I hope it means they are actively speaking to each other right now opposed to AMhash actively trying to get a response out of AM and FriedCat.
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