ASICMINER: Entering the Future of ASIC Mining by Inventing It

[funkymunky]

where does it says that FC disappeared in mongolia?

Exactly!!

It's like Chinese whispers on this forum - I don't know the PC phrase for this saying

Can somebody point us in the direction of where this has been categorically stated please?

It's all rumors, FUD, and a bad google translation of a chinese forum post. Is this categorical enough?

So just a typical day on this forum then, thank you

[NotLambchop]

where does it says that FC disappeared in mongolia?

Exactly!!

It's like Chinese whispers on this forum - I don't know the PC phrase for this saying

Can somebody point us in the direction of where this has been categorically stated please?

It's all rumors, FUD, and a bad google translation of a chinese forum post. Is this categorical enough?

So just a typical day on this forum then, thank you

How's that Active Mining working out for you, all good?  Good thing you stayed calm and ignored the fudsters, huh?

[funkymunky]

You little scamp NLC  


Truth be told it didn't work out too well tbh - Understatement of the Year....

[Faceboss]

FC abducted by chinese mafia ?

[ujka]

A human translated post from Rock Xie.
Thanks to byt411

I have translated this in the best way possible, so that it is more understandable.

Title: Too many people have asked, so here is a general response.

AMHash is a joint project between AsicMiner and RockMiner. Rockminer is the seller for AMHash, so we are responsible to sell the hashrate, and develop the platform, collect the earnings and send out dividends, and resolve customer queries. This is because Rockminer no longer had any ASICS, and and we could only provide technical support and provide reselling services. Coincidentally, friedcat wanted to sell the hashrate, and so we cooperated and we started this project, AMHash. About the current situation of AMHash, the best way to resolve this would be to wait for friedcat to appear and resolve this. Trying to recuperate funds via law enforcement will be of little to no use, since if we could have done anything, we would've. Now, the key is to find friedcat and have him put up the dividends, and any unrealistic/extreme acts will serve no purpose.

We didn't announce that there were problems in the datacentres for a reason. We were still negotiating with the datacentres/mines, and ASICS being mass produced (< not very sure about this part). Friedcat said that there would be more hashrate deployed in Inner Mongolia and in Hening (和宁), so 3.x Petahashes would be deployed and could fix the current problems. This meant that, friedcat said, there would be no problems as the earnings could be covered and the dividends paid out, and releasing the news would just cause unnecessary panic.

Many people were panicking, asking if AsicMiner had run for it, and asking if the mining farms/datacentres had been shut down. How are we going to run for it? AMHash is not a lot of money to AsicMiner, and after our calculations, we only earn around 2500BTC. Who would run for this? If we wanted to run for it, we would've done so a lot earlier, and we wouldn't wait until now. Would we abandon our families? friedcat's family also reported this to the police, but we still can't find him. What we are worried about is his safety.

AsicMiner stopped some test mining farms/datacentres, since they were too costly to continue operating, and so, it is natural to shut them down.

The key point is, what happened to friedcat, even I don't know. My guess would be 60% personal issues, 40% work problems. We would only know when he comes back.

I am still talking to people from AsicMiner, including overseas shareholders. We are looking for a solution, please wait patiently.

Note: Some translations may be incorrect, such as we/I/they, since I did this in a rush and my Chinese isn't perfect, especially if I am reading Simplified Chinese.

[elasticband]

... I believe something happened to the poor cat, I guess... I hope he isn't injured or in some danger, man :/

I found him ugaise!

people are actually talking about the well being and safety of another human being on this planet and that is what you have to add....... you stupe to new lows every f*cking day don't you...... you sleep okay or do those BTC price alarms keep you up all night?

[GermanGiant]

A human translated post from Rock Xie.
Thanks to byt411

It is at least clear now that the mention of Mongolia is because of Miner installation, not kidnapping.

[freedomno1]

Important announcement here: https://bitcointalk.org/index.php?topic=974893.msg10642108

Response:
https://bitcointalk.org/index.php?topic=974058.msg10645504#msg10645504

Correlation:
https://blockchain.info/fr/address/15h6A2a3D31vRviBDdSpvhLtYJq3aePhdW

[rudi]

A human translated post from Rock Xie.
Thanks to byt411

The key point is, what happened to friedcat, even I don't know. My guess would be 60% personal issues, 40% work problems. We would only know when he comes back.

This sounds like fc's disappearance was not a complete surprise.

[Swordsoffreedom]

A human translated post from Rock Xie.
Thanks to byt411

Many people were panicking, asking if AsicMiner had run for it, and asking if the mining farms/datacentres had been shut down. How are we going to run for it? AMHash is not a lot of money to AsicMiner, and after our calculations, we only earn around 2500BTC. Who would run for this? If we wanted to run for it, we would've done so a lot earlier, and we wouldn't wait until now. Would we abandon our families? friedcat's family also reported this to the police, but we can't find him.

The worrying bit....

Indeed I hope no one is using the $5 dollar method to get him to reveal a private Key
Scary things the Chinese mob ...

[NotLambchop]

... I believe something happened to the poor cat, I guess... I hope he isn't injured or in some danger, man :/

I found him ugaise!

people are actually talking about the well being and safety of another human being on this planet and that is what you have to add....... you stupe to new lows every f*cking day don't you...... you sleep okay or do those BTC price alarms keep you up all night?

Bitcoiners are always talking about "well being and safety of another human being on this planet."  Because too much toob/comix/fantasy/mmrpg.

When Avalon shit hit the fan, people were talking about Yiffy (or whatever d00d's name was) being menaced by Teh Triad or Black Hand or Ninja or thugs with lasers and bees.
When NeoBee shit hit the fan, it was Danny's little girl child that was being threatened, and I was a shit for not giving such a heartbreaking story any credibility.

Finally, are you super sure your main concern is for Anon's wellbeing?  Not the fact that he OKTHXBAI with ur coin?

[dhenson]

Apologies if this has already been discussed... But Friedcat's address is being drained. I can't imagine a scenario where this isn't catastrophic news.

https://blockchain.info/address/15h6A2a3D31vRviBDdSpvhLtYJq3aePhdW

This is his verified address based on previous dividend payouts.

[AirWolf]

I don't know how anyone can believe the AMHASH fairy tale when they have changed the story (lied) 3 times now:

1.- https://bitcointalk.org/index.php?topic=833704.msg10392962#msg10392962

2.- https://bitcointalk.org/index.php?topic=833704.msg10610885#msg10610885

3.- https://bitcointalk.org/index.php?topic=833704.msg10631414#msg10631414

And they are so cynical that want us to sit and wait for the infamous friedcat for him to appear in its own free will, not even that they are searching for him.

This is an insult, fight back here: https://bitcointalk.org/index.php?topic=974893.0

JOIN THE HUNT

[mr_e]

Apologies if this has already been discussed... But Friedcat's address is being drained. I can't imagine a scenario where this isn't catastrophic news.

https://blockchain.info/address/15h6A2a3D31vRviBDdSpvhLtYJq3aePhdW

This is his verified address based on previous dividend payouts.

Maybe he is paying the Mongolians for rent and electricity, seems only today there were large movements of BTC.

[KarmaShark]

So since Dec/25/2014 you have been a PONZI, and instead of halting and come out clean on Dec/26 you continued to paint the illusion of a reputable business and allowing trade and paying dividends unsupported by real hardware?

Ok, i have dealt with this before (MtGox and PBmining) and recovered ALL the money, you know how? By gathering the biggest investors and pooling with them a REWARD OF 300 BTC for the whereabouts of YOU, YOUR FAMILY AND FRIENDS and another 300 BTC to pay for the people that is going to PAY YOU AND THEM A VISIT.

You are not dealing here with the average guy that invests 0.1 BTC, i represent a group with almost 250.000 shares, value over 250 BTC, I represent the kind of people that it is VERY DANGEROUS to mess with in any part of the world.

So i will offer you an exit: Reimburse our shares for 250 BTC or i will start the process of hunting you and your relatives and friends. You have 24 hours, after that i will start the hunt and i will make it public, so not only you will have to pay the biggest ones, but almost every little guy that sums to the hunt. It is best for you to settle this now than settle it later, check my posts in this forum, I HAVE DONE THIS BEFORE.

Be smart, be like Mark Karpeles and Jason Boyko, they are still good and their relatives too because they acted smart, they kept this private and small and ended up losing less.

You have 24 hours.

Hi,

We understood all of your guys emotion, but we still need to wait FC's appearance ,when he comes back, we will solve everything very easily.

1. The mining farm happened in Dec/25/2014 was not a PONZI like you said, AM did have hashrates before that day, and they were also hurt by the farm partner.When problem happened, AM were talking and finding some way to solve it and continue to pay divs daily, how can you say that PONZI? Any problem been solved need time, hope you understand.

2. We are finding some way to solve this.Firstly,we are not sure whether FC safe. Secondly,we are not just sitting here, we are trying to move on this, talking with AM, and board members.

Thanks,
AMHash Team

You don't understand:

You are not dealing here with some "emotional guys", you are dealing here with professionals, as i told you, we already recovered our money from MtGox and PBmining, you will be no exception.

The hunting has already begun, check this: https://bitcointalk.org/index.php?topic=974893.0 a reward is being offered for your personal whereabouts, those of your families and friends.

Next step is to hire other professionals to get in personal contact with your relatives and friends if we don't get to you first.

We don't care about Mr. friedcat, we gave our money to you and you are the responsible, we are not going to wait as idiots for that individual to appear again in the year 2050. You may wait for him and then recover the money you will first return to us, but before that, you pay our money back, you wait for him, we don't.

Don't be stupid, 250BTC is an small amount that you together can cover right now, pay our shares, we will transfer them to you and problem solved. Money is something you can recover, but other personal things you will lose forever.

Until you agree and transfer the money, the hunt is on and soon we will be contacting your families and friends, first via internet and later personally. Again, don't be a fool, you can still solve this for an small amount of money, when we get to the next step, there is no coming back, no amount of money will stop them.

I really hope you act smart as Karpeles and Boyko did and saved their love ones a lot of hardship.

This is spiraling out of control very quickly. In the event physical harm comes to any of the operators, fraud involved or not, that will quickly turn these threads into pieces of evidence for a future police investigation. Whether that will ensure nothing is ever resolved or the only path to some type of eventual resolution, remains to be seen.  If this is the response to potential fraud a small fund like AMHash generates, one wonders about all of the heavily invested ASIC MINER shareholders.


Someone with knowledge on this scenario needs to step up soon before actions transpire that take this situation off the forums and into the authorities hands.

[nomnomnom]

Apologies if this has already been discussed... But Friedcat's address is being drained. I can't imagine a scenario where this isn't catastrophic news.

https://blockchain.info/address/15h6A2a3D31vRviBDdSpvhLtYJq3aePhdW

This is his verified address based on previous dividend payouts.

Could it be someone at bitfountain with access to those coins is moving them to a safer address, just in case?
If someone stole the privatekey from fc they would take all and not leave 10k BTC behind. This is all fucking weird 

[Puppet]

[dhenson]

Apologies if this has already been discussed... But Friedcat's address is being drained. I can't imagine a scenario where this isn't catastrophic news.

https://blockchain.info/address/15h6A2a3D31vRviBDdSpvhLtYJq3aePhdW

This is his verified address based on previous dividend payouts.

Could it be someone at bitfountain with access to those coins is moving them to a safer address, just in case?
If someone stole the privatekey from fc they would take all and not leave 10k BTC behind. This is all fucking weird 

Each original owner of bitfointain has their own dividend address, this being the largest, most likely the personal address of FC.  The fact that it wasn't immediately drained all at once implies  that whomever is moving the funds isn't worried about anyone else having access to the private keys.

I can only think of two scenarios that would make sense and neither are good.

[neilol-real]

Bloodbath incoming tomorrow. I imagine we wont hear from the Board in the middle of crisis mode. And if FC is taking time for personal reasons, likely not going to return before the holiday is over.


Edit: And that is probably best case scenario. Hopefully nothing serious happened during his trip.

I'm surprised the tinfoil hat crew isn't speculating this is a ploy to lower share price to coincide with the sell pressure due to Havelock insecurity

[electerium]

honestly FC et al. are just crashing the price so that he can buy more shares.