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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3898934 times)
ujka
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March 09, 2015, 02:34:06 PM
 #25801

 Grin Can't go to zero, can't set that bid: 'invalid quantity or price'.
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Fordee
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March 09, 2015, 02:57:06 PM
 #25802

Soon, I can throw 5 BTC at this, and say I was a board member on what was one of the first great ASIC manufactures in the bitcoin era.. 

  Great on a resume...  maybe wallpaper my cubicle with some printed 'shares' ..  give away BlockErupter keychain..  sell the movie rights..  lots of potential still!
NotLambchop
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March 09, 2015, 04:29:40 PM
 #25803

sngwinner
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March 09, 2015, 04:39:02 PM
 #25804

So if FriedCat has just run for it is no one going to release their ASIC chip and sell it? Is Friedcat just refusing to communicate with investors and continuing business or is he just walking away entirely?

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btcbot
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March 09, 2015, 04:40:40 PM
 #25805

https://www.facebook.com/Bitmain/posts/859782150729679

Bitmain

20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now.

Don't tip me... tip the Riseup folks who protect activists around the world.
HarmonLi
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Honest 80s business!


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March 09, 2015, 04:41:58 PM
 #25806

So if FriedCat has just run for it is no one going to release their ASIC chip and sell it? Is Friedcat just refusing to communicate with investors and continuing business or is he just walking away entirely?

Apparently people who are in close contact with him - company colleagues, etc. but also his wife have lost contact to him. So either this is all a huge scam an everyone is involved or he has abandoned everyone or got kidnapped.

elasticband
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom


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March 09, 2015, 04:46:20 PM
 #25807

https://www.facebook.com/Bitmain/posts/859782150729679

Bitmain

20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now.



.... if true its over......... Tongue
hdbuck
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March 09, 2015, 04:57:29 PM
 #25808

https://www.facebook.com/Bitmain/posts/859782150729679

Bitmain

20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now.



.... if true its over......... Tongue

true taht they raised their price. game over.
MrTeal
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March 09, 2015, 05:01:04 PM
 #25809

Bitmain implicitly hinted that he was talking about BF with that comment.

What a shit-show. I understand wanting to protect your margins, but this almost couldn't have been handled worse. Three month preorders for batch 6, then raising the price twice in the span of a couple hours in the face of the pent up demand is a surefire way to piss people off.

I wouldn't necessarily say this is about AM. It could be, but there's another large entity out there that just recently showed an awesome new chip that could have driven a large hashrate increase.

 Grin Grin Grin
NotLambchop
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March 09, 2015, 05:04:07 PM
 #25810


hdbuck
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March 09, 2015, 05:05:01 PM
 #25811

Bitmain implicitly hinted that he was talking about BF with that comment.

What a shit-show. I understand wanting to protect your margins, but this almost couldn't have been handled worse. Three month preorders for batch 6, then raising the price twice in the span of a couple hours in the face of the pent up demand is a surefire way to piss people off.

I wouldn't necessarily say this is about AM. It could be, but there's another large entity out there that just recently showed an awesome new chip that could have driven a large hashrate increase.

 Grin Grin Grin

no, BF dont aim at home miners anyway. Bitmain is just playing around.
freedomno1
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Learning the troll avoidance button :)


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March 09, 2015, 05:10:15 PM
 #25812

https://www.facebook.com/Bitmain/posts/859782150729679

Bitmain

20 mins ago, we received a very important intelligence and we decide to increase the price of S5 by 20%. A certain competitor which we pay attention has not submit any mass production order to its wafer supplier. Only a small batch of pilot run has been submitted before the Chinese New Year. It has confirmed a long but uncertain guess that the aggressiveness get in trouble. The best time for mining bitcoin comes right now.


Looks like things are getting nasty well not that they already weren't.
Was a quick crash though from 0.03 to 0.01 there must not be any volume to support the market
Mabsark
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March 09, 2015, 05:16:34 PM
 #25813

Quote
You either die a hero or you live long enough to see yourself become the villain.
MrTeal
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March 09, 2015, 05:17:58 PM
 #25814

Bitmain implicitly hinted that he was talking about BF with that comment.

What a shit-show. I understand wanting to protect your margins, but this almost couldn't have been handled worse. Three month preorders for batch 6, then raising the price twice in the span of a couple hours in the face of the pent up demand is a surefire way to piss people off.

I wouldn't necessarily say this is about AM. It could be, but there's another large entity out there that just recently showed an awesome new chip that could have driven a large hashrate increase.

 Grin Grin Grin

no, BF dont aim at home miners anyway. Bitmain is just playing around.
BF doesn't aim at home miners, but they are a major driver of difficulty increases. Bitmain's always priced their hardware based on estimates of their earning potential as opposed to BOM cost. Bitfury not submitting a large wafer order makes every S5 more valuable, therefore they charge more.

While it's possible they are talking about Asicminer, there's a lot more issues there that Bitmain would have been well aware of for much longer than the last 6 hours. I'd give better odds on it being Bitfury, and it's definitely not a shoe-in for being Asicminer.
CanaryInTheMine
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between a rock and a block!


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March 09, 2015, 05:34:57 PM
 #25815

I just know that FC has a wife and she's also searching for him.
Once I get more info, I will inform you, stay tuned!

Donation: 14jg97biQjMu6Z5J7NhoAhD35uGkeCmphH

Maybe the government has him.
If so, the govenment will notice his family.
haha
ujka
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March 09, 2015, 05:41:41 PM
 #25816

...
I'd give better odds on it being Bitfury, and it's definitely not a shoe-in for being Asicminer.

Had to google it, what this 'shoe-in' means.
I agree here, not a shoe-in for being Asicminer. AM did submit a pilot run back in September, not before the Chinese New Year.
armedmilitia
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We're going to need a bigger heatsink.


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March 09, 2015, 05:45:29 PM
 #25817

...
I'd give better odds on it being Bitfury, and it's definitely not a shoe-in for being Asicminer.

I thought bitfury had a shit ton of money from all the VC it raised?
Very interesting how bitmain didn't specify which manufacturer though. They might be keeping vague to drive hype to purchase miners.

Makes sense for them to make it seem like it's 'the perfect time' to buy new hardware.

Always use escrow. OgNasty is pretty sweet.

Help me out with compiling a list of mining datacenters!
pierrejo
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March 09, 2015, 06:22:10 PM
 #25818

There were more informations through the earlier posts. Friedcat never tried to hide his identity and has posted a few pictures throughout his posts.
If you remember where those might be, could you link them in this thread? I have him as "Brandon Lu" - fnnirvana(at)gmail(dot)com. Email is verified from share transfers - can others confirm or update name? Family looking is expected, now sincerity is something else.
NotLambchop
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March 09, 2015, 06:33:58 PM
 #25819

...I have him as "Brandon Lu" - fnnirvana(at)gmail(dot)com. Email is verified from share transfers - can others confirm or update name? ...

Viewing messages posted by '"Xinyu Jiang" <fnnirvana () gmail ! com>' (1 msg)  http://marc.info/?l=haskell-cafe&m=122223203005933&w=2

P.S:  You should email him & ask name.  Better yet, ask name b4 sending coin Smiley
iwantasicminer
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March 09, 2015, 07:24:51 PM
 #25820

I have long suspected this address to be linked to AM:

https://blockchain.info/address/1B9KrM7bjhJ42qJSWr1KJrNTAP1SNGMpJu

It is on the move big time today.


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