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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3902034 times)
Mabsark
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March 14, 2015, 12:22:31 PM
 #26041

The problem is that the product AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder), of which neither has the ability to absorb the damage alone.

Operator = RockMiner
Manufacturer = ASICMiner
Hashlord = ? (FC? sausage factory man? police?)
Contract Platform = havelock
Contract Holders = Customers

FTFY, you had names in the wrong columns.....

No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill.
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AirWolf
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March 14, 2015, 12:49:13 PM
 #26042

HERE IS OWN JAMES GRANT, OWNER AND OPERATOR OF HAVELOCK IS PART OF ASICMINER/AMHASH:

https://bitcointalk.org/index.php?topic=989850.0

HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
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March 14, 2015, 12:53:38 PM
 #26043

Hi Everyone,

 sorry for not reading up on that many posts... I gather FC is missing and also the hashrate for certain mines listed on havelock.
Is there any news outlet covering the story so I could read up on the whole thing? Coindesk etc?

Which havelock stocks are affected? AM1 and AM100 as well or only AMHASH1?


A few news sites have covered the story.
But the only reality we can be sure of is that Amhash share trade and the daily dividend payments are currently frozen.
AM and AM100 shares are still being traded on Havelock but the price has dropped pretty much because of what happened lately.

The related companies are claiming that;
1) They have lost control of ~3 petahash of their farm
2) FriedCat is missing, and that he had control over everything and the funds
4) Therefore they are stuck now.

> ALL cloudmining companies are SCAM <
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March 14, 2015, 12:56:19 PM
 #26044

Hi Everyone,

 sorry for not reading up on that many posts... I gather FC is missing and also the hashrate for certain mines listed on havelock.
Is there any news outlet covering the story so I could read up on the whole thing? Coindesk etc?

Which havelock stocks are affected? AM1 and AM100 as well or only AMHASH1?


A few news sites have covered the story.
But the only reality we can be sure of is that Amhash share trade and the daily dividend payments are currently frozen.
AM and AM100 shares are still being traded on Havelock but the price has dropped pretty much because of what happened lately.

The related companies are claiming that;
1) They have lost control of ~3 petahash of their farm
2) FriedCat is missing, and that he had control over everything and the funds
4) Therefore they are stuck now.


Not so stuck, James Grant of Havelock is member of AMHASH/ASICMINER: https://bitcointalk.org/index.php?topic=989850.msg10770429#msg10770429

HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
Mabsark
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March 14, 2015, 01:20:23 PM
 #26045

Havelock is simply a shareholder of AM with more than 5000 shares. Having 5000 shares gets you a seat on the board. Having a seat on the board doesn't make you an owner of AM any more than having 1 share does.

This information has always been public knowledge.
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March 14, 2015, 01:24:55 PM
 #26046

No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill.

the hashlord is the person who controls the hashrate or the facility where the hashrate is held surely and i don't think they own a DC, i think they own a food factory......
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March 14, 2015, 01:25:36 PM
 #26047

Airwolf to the rescue!



UNfortunately, like the series, only 8 year olds would lend it credibility, and he is way behind the curve.
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March 14, 2015, 01:30:11 PM
 #26048

Do we have a real name to associate with this 'hashlord'?  Is this effort underway yet?

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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March 14, 2015, 01:42:01 PM
 #26049

^And he would have gotten away, too, weren't for you meddling kids!

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March 14, 2015, 02:02:20 PM
 #26050

No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill.

the hashlord is the person who controls the hashrate or the facility where the hashrate is held surely and i don't think they own a DC, i think they own a food factory......

By DC, I just mean a facility that hosts the miners. Whether it is an actual DC, a barn, a shed or a food factory is irrelevant. The relevant point is that HashLord was in control of it, not AM. Also, I would say it's more likely that HashLord is a business entity rather than an individual.
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March 14, 2015, 02:20:16 PM
 #26051



By DC, I just mean a facility that hosts the miners. Whether it is an actual DC, a barn, a shed or a food factory is irrelevant. The relevant point is that HashLord was in control of it, not AM. Also, I would say it's more likely that HashLord is a business entity rather than an individual.



I think your wrong. Jutaral didn't use any company names he just names the roles of all those involved who ever they maybe.

AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder)
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March 14, 2015, 02:21:41 PM
 #26052

Airwolf to the rescue!



UNfortunately, like the series, only 8 year olds would lend it credibility, and he is way behind the curve.


Sure you have more credibility, the same you used TO LURE MANY OF US INTO AMHASH...

HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
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March 14, 2015, 02:42:12 PM
 #26053

I think your wrong. Jutaral didn't use any company names he just names the roles of all those involved who ever they maybe.

AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder)

To me, it seems like either a username or a business name, not a description of a role. It's a separate party from AM, RM and Havelock. If it was just a person in control of the hash rate, that person would probably be an AM employee, not a separate party. It makes far more sense to me that HashLord is in the business of hosting miners.

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March 14, 2015, 02:46:29 PM
Last edit: March 14, 2015, 03:05:14 PM by elasticband
 #26054

To me, it seems like either a username or a business name, not a description of a role. It's a separate party from AM, RM and Havelock. If it was just a person in control of the hash rate, that person would probably be an AM employee, not a separate party. It makes far more sense to me that HashLord is in the business of hosting miners.



then the quote should look more like this, but that's just my take on it.

Quote
AMHash theoretically involves 5 Parties (Rockminer, Asicminer, HashLord, havelock, Private Investors)
sidehack
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March 14, 2015, 02:55:50 PM
 #26055

I figured Hashlord was like the Landlord of mining, so probably an informal title for the DC owner/operator.

Cool, quiet and up to 1TH pod miner, on sale now!
Currently in development - 200+GH USB stick; 6TH volt-adjustable S1/3/5 upgrade kit
Server PSU interface boards and cables. USB and small-scale miners. Hardware hosting, advice and odd-jobs. Supporting the home miner community since 2013 - http://www.gekkoscience.com
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March 14, 2015, 02:59:04 PM
 #26056

Airwolf to the rescue!



UNfortunately, like the series, only 8 year olds would lend it credibility, and he is way behind the curve.


Sure you have more credibility, the same you used TO LURE MANY OF US INTO AMHASH...

  Recommendations were made based on past performance of the principles and these appeared sound.  AM and friedcat had a relatively long history in bitcoin mining and equipment and it was their credibility which lead to any recommendation of AMHash.   Let's not beat up on one another over this; it is pointless.  Why don't you 2 set up an exchange commission for bitcoin related investments and set up some basic accounting and reportability criteria for listings?  That would be awesome.


Forum legend Phinnaeus Gage has passed on. 
 His final wish was for financial assistance. 

/$$$$$$$                                         /$$              /$$$$$$$$ /$$                     /$$       /$$$$$$$$           /$$   /$$            /$$$$$$                                  
| $$__  $$                                        |$/             | $$_____/|__/                    | $$      | $$_____/          |__/  | $$           /$$__  $$                                 
| $$  \ $$  /$$$$$$  /$$   /$$ /$$$$$$$   /$$$$$$ _//$$$$$$$      | $$       /$$ /$$$$$$$   /$$$$$$ | $$      | $$       /$$   /$$ /$$ /$$$$$$        | $$  \__/  /$$$$$$$  /$$$$$$  /$$$$$$/$$$$
| $$$$$$$  /$$__  $$| $$  | $$| $$__  $$ /$$__  $$ /$$_____/      | $$$$$   | $$| $$__  $$ |____  $$| $$      | $$$$$   |  $$ /$$/| $$|_  $$_/        |  $$$$$$  /$$_____/ |____  $$| $$_  $$_  $$
| $$__  $$| $$  \__/| $$  | $$| $$  \ $$| $$  \ $$|  $$$$$$       | $$__/   | $$| $$  \ $$  /$$$$$$$| $$      | $$__/    \  $$$$/ | $$  | $$           \____  $$| $$        /$$$$$$$| $$ \ $$ \ $$
| $$  \ $$| $$      | $$  | $$| $$  | $$| $$  | $$ \____  $$      | $$      | $$| $$  | $$ /$$__  $$| $$      | $$        >$$  $$ | $$  | $$ /$$       /$$  \ $$| $$       /$$__  $$| $$ | $$ | $$
| $$$$$$$/| $$      |  $$$$$$/| $$  | $$|  $$$$$$/ /$$$$$$$/      | $$      | $$| $$  | $$|  $$$$$$$| $$      | $$$$$$$$ /$$/\  $$| $$  |  $$$$/      |  $$$$$$/|  $$$$$$$|  $$$$$$$| $$ | $$ | $$
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March 14, 2015, 03:11:51 PM
 #26057

...Why don't you 2 set up an exchange commission for bitcoin related investments and set up some basic accounting and reportability criteria for listings?  That would be awesome.

I always assumed the whole point of "investing" in Bitcoin securities is degradation & humiliation?
How would introducing basic accountability maximise the above aforementioned?
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March 14, 2015, 03:16:27 PM
 #26058

I figured Hashlord was like the Landlord of mining, so probably an informal title for the DC owner/operator.

We seem to be in overall agreement but I think that rather than "HashLord" (with a capital L) being a person or an informal title, it's a company name or brand like HashRatio or Hashnest.
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March 14, 2015, 03:24:39 PM
 #26059

There is obviously a LOT that we don't know still. What frustrates me is how such a relatively large (in both value, hardware, expertise and staff) operation can vanish without the community knowing more than it does.
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March 14, 2015, 04:01:13 PM
 #26060

...Why don't you 2 set up an exchange commission for bitcoin related investments and set up some basic accounting and reportability criteria for listings?  That would be awesome.

I always assumed the whole point of "investing" in Bitcoin securities is degradation & humiliation?
How would introducing basic accountability maximise the above aforementioned?

 It's a start-up industry and as you may or may not know, most fledging companies never make it past year one. There is no degradation or humiliation in trying.  We as "investors" see potential in the industries surrounding bitcoin but don't necessarily have the ability, funds, or wherewithal to create our own start-up so we place our faith in others who seem to know how.  Sometimes we lose, sometimes we win.  The only degradation I see comes from you and your ilk; sitting on the sidelines pretending to have all the answers and taking glee in other's losses.  AM did quite well in the early years and it wasn't "luck" as friedcat has abilities beyond yours and mine but Friedcat is still human and I would imagine when subjected to the stresses involved in running a company would have a similar reaction to the rest of us.  I mean look, even NotLambChop has lost interest in his incessant, condescending posting in here and he really enjoyed it.  Perhaps it also became too much for him to continue?  So it seems that Friedcat and NotLambChop have given up on their vocation to both our joy and to our dismay.  I feel neither degrade nor humiliated and I wish them well.

Forum legend Phinnaeus Gage has passed on. 
 His final wish was for financial assistance. 

/$$$$$$$                                         /$$              /$$$$$$$$ /$$                     /$$       /$$$$$$$$           /$$   /$$            /$$$$$$                                  
| $$__  $$                                        |$/             | $$_____/|__/                    | $$      | $$_____/          |__/  | $$           /$$__  $$                                 
| $$  \ $$  /$$$$$$  /$$   /$$ /$$$$$$$   /$$$$$$ _//$$$$$$$      | $$       /$$ /$$$$$$$   /$$$$$$ | $$      | $$       /$$   /$$ /$$ /$$$$$$        | $$  \__/  /$$$$$$$  /$$$$$$  /$$$$$$/$$$$
| $$$$$$$  /$$__  $$| $$  | $$| $$__  $$ /$$__  $$ /$$_____/      | $$$$$   | $$| $$__  $$ |____  $$| $$      | $$$$$   |  $$ /$$/| $$|_  $$_/        |  $$$$$$  /$$_____/ |____  $$| $$_  $$_  $$
| $$__  $$| $$  \__/| $$  | $$| $$  \ $$| $$  \ $$|  $$$$$$       | $$__/   | $$| $$  \ $$  /$$$$$$$| $$      | $$__/    \  $$$$/ | $$  | $$           \____  $$| $$        /$$$$$$$| $$ \ $$ \ $$
| $$  \ $$| $$      | $$  | $$| $$  | $$| $$  | $$ \____  $$      | $$      | $$| $$  | $$ /$$__  $$| $$      | $$        >$$  $$ | $$  | $$ /$$       /$$  \ $$| $$       /$$__  $$| $$ | $$ | $$
| $$$$$$$/| $$      |  $$$$$$/| $$  | $$|  $$$$$$/ /$$$$$$$/      | $$      | $$| $$  | $$|  $$$$$$$| $$      | $$$$$$$$ /$$/\  $$| $$  |  $$$$/      |  $$$$$$/|  $$$$$$$|  $$$$$$$| $$ | $$ | $$
|_______/ |__/       \______/ |__/  |__/ \______/ |_______/       |__/      |__/|__/  |__/ \_______/|__/      |________/|__/  \__/|__/   \___/         \______/  \_______/ \_______/|__/ |__/ |__/
                                                                                                                                                                                                 
                                                                                                                                                                                                 
                                                                                                                                                                                                 

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