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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3902034 times)
lightfoot
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I fix broken miners. And make holes in teeth :-)


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April 01, 2015, 02:38:10 PM
 #26421

DataTank was acquired by BitFury.

I really think that the 60PH of chips just sit on the shelves for a long period of time. Yes I know that there are no proofs, it's just my imagination.

You need more than chips to make a miner. Power is the killer; designing .6 volt or less supplies at 1,000+ amps is a bitch on wheels. BE got around this by doing a lot of small chips with a lot of little power supplies, but as they cranked the density up this could have caught up with them.

Serious bitch on wheels. Moreso if you have to have 50-100 of them on a board to support 50+ hashing chips. Fail one shorted and unit shuts down with a flaming boom.
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April 01, 2015, 08:33:02 PM
 #26422

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on
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April 01, 2015, 08:42:46 PM
 #26423

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?
gogxmagog
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April 01, 2015, 10:23:08 PM
Last edit: April 01, 2015, 11:54:24 PM by gogxmagog
 #26424

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.
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April 02, 2015, 12:21:35 PM
 #26425

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.
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April 02, 2015, 03:38:12 PM
 #26426

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.

Exactly.

AM has the design of a new chip but no funding to make it.  They don't have access to mine.  Their current chips at ~0.8 W / Gh are marginal at the current difficulty / market price.
pedrog
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April 02, 2015, 08:45:53 PM
 #26427

There was a bit of movement at Havelock, are there any news?

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April 02, 2015, 09:39:10 PM
 #26428

There was a bit of movement at Havelock, are there any news?

Dead cat bounce?   Lol. .  Probably, but we'll have to wait a week for an official translation or something, (as usual)..
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April 02, 2015, 10:24:56 PM
 #26429

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.

Exactly.

AM has the design of a new chip but no funding to make it.  They don't have access to mine.  Their current chips at ~0.8 W / Gh are marginal at the current difficulty / market price.
just sayin'
that's the way the cards have landed.
just a little info but,
it's more than any of the principals have offered us...
fuck i've lost a lot of BTC, and wasted a lot of hours hanging around in this sub.
they should just move the whole section into the scam sub and be done with it.
there is nothing to gain in this sphere
the only decent companies secure private funding.
us little fish don't get to play ball.
hdbuck
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April 03, 2015, 07:31:53 AM
 #26430

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.

Exactly.

AM has the design of a new chip but no funding to make it.  They don't have access to mine.  Their current chips at ~0.8 W / Gh are marginal at the current difficulty / market price.
just sayin'
that's the way the cards have landed.
just a little info but,
it's more than any of the principals have offered us...
fuck i've lost a lot of BTC, and wasted a lot of hours hanging around in this sub.
they should just move the whole section into the scam sub and be done with it.
there is nothing to gain in this sphere
the only decent companies secure private funding.
us little fish don't get to play ball.


sad but true.

just buy BTC dude.
even the VC dont get it, but they'll get burn eventually too Wink
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April 03, 2015, 02:46:14 PM
 #26431

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.
hdbuck
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April 03, 2015, 02:47:53 PM
 #26432

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

+2 ^^
Bonam
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April 03, 2015, 03:21:00 PM
 #26433

+3
jdany
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Inspired


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April 03, 2015, 04:04:44 PM
 #26434

+4
Blazed
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April 03, 2015, 04:47:38 PM
 #26435

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

+1000 Finally a good idea for dealing with these scams securities.
ensurance982
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Trust me!


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April 03, 2015, 07:17:09 PM
 #26436

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

Well at this point it really looks like there's no honest or at least profitable stock left... I guess AM was the only reliable player left, but with them going down (mostly due to bad luck) in 2014, I guess there isn't anything worth investing in left. A shame, but yeah... +1 ? Cheesy

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Chris_Sabian
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April 03, 2015, 08:39:45 PM
 #26437

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

Well at this point it really looks like there's no honest or at least profitable stock left... I guess AM was the only reliable player left, but with them going down (mostly due to bad luck) in 2014, I guess there isn't anything worth investing in left. A shame, but yeah... +1 ? Cheesy

+1

Not really a stock but the Bitcoin Difficulty Derivative appears to be honest.  Although they are almost at the end-game.
pedrog
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April 03, 2015, 08:46:13 PM
 #26438

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

Well at this point it really looks like there's no honest or at least profitable stock left... I guess AM was the only reliable player left, but with them going down (mostly due to bad luck) in 2014, I guess there isn't anything worth investing in left. A shame, but yeah... +1 ? Cheesy

+1

Not really a stock but the Bitcoin Difficulty Derivative appears to be honest.  Although they are almost at the end-game.

Also Cryptsy.

But you're right, we can count honest bitcoin securities with the fingers of one hand.

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April 06, 2015, 05:30:30 PM
 #26439

Nothing but crickets left in here
Looks like all has been said for now, seeing three days of silence
RIP Asicminer

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April 07, 2015, 01:55:48 AM
 #26440

Nothing but crickets left in here
Looks like all has been said for now, seeing three days of silence
RIP Asicminer

Yeah I think canary nailed it early. Its over. IP is likely lost or worthless and remaining hardware is worth pennies on the dollar (if it even exists anymore). GG.
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