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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3897431 times)
matt4054
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March 10, 2015, 12:01:52 PM
 #25861

Apparently, AMHASH had stopped performing and no one thought to tell the public. Not just that, but FriedCat, being the only person in control of ASICMINER’s and AMHASH’s private keys, has disappeared off the face of the earth as well, not having been seen or heard from since January. His last posts on BitcoinTalk were on January 25, 2015. Some speculate that he has been kidnapped, but many more simply think that he and his business partners let temptation get the better of themselves.

This is the one piece of info that really shocked me in the Bitcoin Reporter article, the rest was already known from here. I don't know about the author's sources, but just the idea of AM completely ignoring the bus factor, given its size, is just plain... flabbergasting Shocked
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March 10, 2015, 12:22:05 PM
 #25862

Apparently, AMHASH had stopped performing and no one thought to tell the public. Not just that, but FriedCat, being the only person in control of ASICMINER’s and AMHASH’s private keys, has disappeared off the face of the earth as well, not having been seen or heard from since January. His last posts on BitcoinTalk were on January 25, 2015. Some speculate that he has been kidnapped, but many more simply think that he and his business partners let temptation get the better of themselves.

This is the one piece of info that really shocked me in the Bitcoin Reporter article, the rest was already known from here. I don't know about the author's sources, but just the idea of AM completely ignoring the bus factor, given its size, is just plain... flabbergasting Shocked

But do you honestly believe that?

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March 10, 2015, 01:09:54 PM
 #25863

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

HarmonLi
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March 10, 2015, 01:20:39 PM
 #25864

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

Yeah, and I'm quite certain that also AM1 just needs a small nudge and it'll continue yesterday's dive towards 0.01... Ask side not moving at all. People are desperate.

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March 10, 2015, 01:29:08 PM
 #25865

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

Wait til (if) trading resumes for that sweet 95% drop.
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March 10, 2015, 01:30:24 PM
 #25866

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

Wait til (if) trading resumes for that sweet 95% drop.

It's a shame that there's no option for shorting or leveraged trading on Havelock Tongue Someone should suggest that to the people running Havelock!

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March 10, 2015, 02:04:16 PM
 #25867

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

Yeah, and I'm quite certain that also AM1 just needs a small nudge and it'll continue yesterday's dive towards 0.01... Ask side not moving at all. People are desperate.

We can't trade AMHash???  They stopped the trading?  Why would they DO THAT??!!

Because of the unclear situation. I don't know what you know about the current situation, but AMHASH can't pay no dividends because friedcat (the boss of AM) disappeared without a trace. Havelock and/or AMHASH decided it's better to suspend the trading of AMHASH... Maybe to protect investors, don't know...

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March 10, 2015, 02:05:20 PM
 #25868

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

Yeah, and I'm quite certain that also AM1 just needs a small nudge and it'll continue yesterday's dive towards 0.01... Ask side not moving at all. People are desperate.

We can't trade AMHash???  They stopped the trading?  Why would they DO THAT??!!

Because of the unclear situation. I don't know what you know about the current situation, but AMHASH can't pay no dividends because friedcat (the boss of AM) disappeared without a trace. Havelock and/or AMHASH decided it's better to suspend the trading of AMHASH... Maybe to protect investors, don't know...


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March 10, 2015, 02:06:49 PM
 #25869

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

Yeah, and I'm quite certain that also AM1 just needs a small nudge and it'll continue yesterday's dive towards 0.01... Ask side not moving at all. People are desperate.

We can't trade AMHash???  They stopped the trading?  Why would they DO THAT??!!

Because of the unclear situation. I don't know what you know about the current situation, but AMHASH can't pay no dividends because friedcat (the boss of AM) disappeared without a trace. Havelock and/or AMHASH decided it's better to suspend the trading of AMHASH... Maybe to protect investors, don't know...


That sounds like a logical reason to initiate a trade halt
Havelock controls it's shares of AM and can do what it wants with those but since AMHASH is operator controlled and they don't know the status of Friedcat and their dividends a temporary freeze until more information is available makes sense.
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March 10, 2015, 02:16:14 PM
 #25870

Oh geez, what a mess. Usually the price rebounds at least to some degree after going down... I don't know... 200%??? But this is just insane. Yeah, ask side seems to be frozen atm... So either Havelock is malfunctioning or we can only push even further down from here. I suspect the latter -.-

Well, AMHash price seems to be holding pretty well...

Of course, trading of amhash are stoped.... so price will never move.... !!!!  Grin Grin Grin

Yeah, and I'm quite certain that also AM1 just needs a small nudge and it'll continue yesterday's dive towards 0.01... Ask side not moving at all. People are desperate.

We can't trade AMHash???  They stopped the trading?  Why would they DO THAT??!!

Because of the unclear situation. I don't know what you know about the current situation, but AMHASH can't pay no dividends because friedcat (the boss of AM) disappeared without a trace. Havelock and/or AMHASH decided it's better to suspend the trading of AMHASH... Maybe to protect investors, don't know...


That sounds like a logical reason to initiate a trade halt
Havelock controls it's shares of AM and can do what it wants with those but since AMHASH is operator controlled and they don't know the status of Friedcat and their dividends a temporary freeze until more information is available makes sense.

Yeah I think it's very likely that AMHASH did indeed even ask for the halt to be put in place. With AM, well... since FC seems to be MIA, there's no way for AM to tell Havelock to stop the trading, plus - you said it - it's more of a passthrogh asset.

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March 10, 2015, 02:27:10 PM
 #25871

So you mean any issuer on Havelock could tell them to stop trading because boss ran away?  And we're just left there holding our dicks bags shares?
I can't even unload this crap on someone willing to gamble on the slim odds of friedcat coming back?  How's that fair?

We're in an unregulated market - what's fair to begin with? Everyone can set the rules as they wish and if Havelock works that way, and we decide to invest there, it's how things work. Hey, why's everyone screaming for regulation now? Cheesy

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March 10, 2015, 02:36:47 PM
 #25872

...why's everyone screaming for regulation now? Cheesy

lambchops told us to

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March 10, 2015, 03:25:27 PM
 #25873

update :

1. We have lost contact with Friedcat more than 40 days, we are now still focusing on finding him.
2. A lot of evidences we have found shows that he is safe, which is the only good news recently. In addition, all rumour around the community are baseless and untrustworthy. We know so far nothing about where has he been and where is he at the moment.
3. We have to focus on finding him currently so there are indeed some delay on replying email of sale@bitquan.com. However, since we have all records of your emails so it is only a problem of time, please understand and be patient.
4. AMHASH project is not from sale team of ASICMINER, we know nothing about the deal between Friedcat and ROCKMINER, no one else has seen the contract between them either ,therefore, we sale department of ASICMINER is not be in charge of AMHASH project, please be patient to wait till we find FC.

Is the new chip in production Phasebird?  Or what is the status of that project?

hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.

In terms of our hardware sale department,we have saved all emails and will try to re-build our bussiness team as quick as we can.

please wait the upcoming statement from the board of AM.
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March 10, 2015, 03:29:57 PM
 #25874

Mabsark...you loading up on these cheap shares? From my understanding AM can not function without FriedCat present. How could the chips be made/moving forward with him MIA?
HarmonLi
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March 10, 2015, 03:30:31 PM
 #25875

update :

1. We have lost contact with Friedcat more than 40 days, we are now still focusing on finding him.
2. A lot of evidences we have found shows that he is safe, which is the only good news recently. In addition, all rumour around the community are baseless and untrustworthy. We know so far nothing about where has he been and where is he at the moment.
3. We have to focus on finding him currently so there are indeed some delay on replying email of sale@bitquan.com. However, since we have all records of your emails so it is only a problem of time, please understand and be patient.
4. AMHASH project is not from sale team of ASICMINER, we know nothing about the deal between Friedcat and ROCKMINER, no one else has seen the contract between them either ,therefore, we sale department of ASICMINER is not be in charge of AMHASH project, please be patient to wait till we find FC.

Is the new chip in production Phasebird?  Or what is the status of that project?

hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.

In terms of our hardware sale department,we have saved all emails and will try to re-build our bussiness team as quick as we can.

please wait the upcoming statement from the board of AM.

Yeah, that's actually a very interesting thing. One thing we have to consider though: How are they going to run AM without FC? Do they have access to enough funds? Do they have the authority to order wafers? How long will they have to wait for wafers now? Let's wait and see...

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March 10, 2015, 04:42:28 PM
 #25876

Quote
A certain competitor which we pay attention has not submit any mass production order to its wafer supplier.

Quote
BE300 project is still on going with the rest of AM team as I know.

Have AM submitted the BE300 wafer order ?
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March 10, 2015, 04:44:48 PM
 #25877

Any news from Jeratul as well ?

                    ▄▄▄
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                      "▀▀▀╙
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ujka
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March 10, 2015, 04:45:40 PM
 #25878

Quote
A certain competitor which we pay attention has not submit any mass production order to its wafer supplier.

Quote
BE300 project is still on going with the rest of AM team as I know.

Have AM submitted the BE300 wafer order ?

CanaryInTheMine said NO.
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March 10, 2015, 05:12:36 PM
 #25879

Quote
A certain competitor which we pay attention has not submit any mass production order to its wafer supplier.

Quote
BE300 project is still on going with the rest of AM team as I know.

Have AM submitted the BE300 wafer order ?

CanaryInTheMine said NO.


He did?
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March 10, 2015, 05:20:52 PM
 #25880

Amhash1 Ponzi/Scam Victims Unite!
https://bitcointalk.org/index.php?topic=984703.0
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