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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916390 times)
TECHICENINE
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June 26, 2013, 12:08:02 AM
 #8401

So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"


who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

And my second.

Keep up the good work, TECHICENINE!

thank Jerry Marzzz he is our leader imo..thanks
Vycid
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June 26, 2013, 03:12:01 AM
 #8402

Hey all,

Since the price is up so much recently, the implied volatility is clearly higher. Seeing this, I've decided to increase my previous offer for put options to the following:

Strike: 2.3 BTC
Exp: ~90 days
Premium: 0.2 BTC


(I am buying puts)

BTCT please. If you decide to list, make sure to send me a PM.

Cheers,

Vycid

Pierre
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June 26, 2013, 03:16:48 AM
 #8403

thank Jerry Marzzz he is our leader imo..thanks
gmouse
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June 26, 2013, 03:27:00 AM
 #8404

So question should have been:

"Which Bitfountain does ASICMINER belong to, as there is more than one?"


who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks

You are officially my first ignored user. Congrats!

Mine too! 
stripykitteh
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June 26, 2013, 03:41:28 AM
 #8405

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

 
                                . ██████████.
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       ..████████████████████████████████████████████████████████████..
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TsuyokuNaritai
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June 26, 2013, 03:47:37 AM
 #8406

Any good estimates on what the hardware-sales portion of the next dividend will be?

TECHICENINE
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June 26, 2013, 03:48:29 AM
 #8407

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.


convince Borsheim's to accept Bitcoins and we golden..thanks in advance
Vycid
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June 26, 2013, 03:59:38 AM
 #8408

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

Berkshire Hathaway has been around for decades and is worth nearly $192 billion dollars - it isn't a one-man show. They could've hired a web dev and they didn't. Why should Friedcat?

When making a website is the highest priority, he'll get around to it.

MrBubbles007
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June 26, 2013, 04:01:22 AM
 #8409

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

Berkshire Hathaway is also worth nearly $192 billion dollars.

Exactly.

Dont mind TECHICENINE btw, hes been spreading garbage posts; you should ignore him like many others.
stripykitteh
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June 26, 2013, 04:02:30 AM
 #8410

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

Berkshire Hathaway is also worth nearly $192 billion dollars.

I would like AM to be worth $192 billion one day.

 
                                . ██████████.
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stripykitteh
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June 26, 2013, 04:04:19 AM
 #8411

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

Berkshire Hathaway has been around for decades and is worth nearly $192 billion dollars - it isn't a one-man show. They could've hired a web dev and they didn't. Why should Friedcat?

When making a website is the highest priority, he'll get around to it.

Have you looked at the Berkshire website? You could pay a college student $10/hour to hand-code HTML to come up with that. This isn't about anything fancy, it's about disseminating relevant financial information.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
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       ..████████████████████████████████████████████████████████████..
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MrBubbles007
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June 26, 2013, 04:04:27 AM
 #8412


I would like AM to be worth $192 billion one day.
[/quote]

A billion isnt cool. Ya know whats cool? A Trillion.
whirlpool
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June 26, 2013, 04:05:59 AM
Last edit: June 26, 2013, 04:22:32 AM by whirlpool
 #8413

Anyone interested in a direct ASICMINER share at 3.4 BTC with tomorrow's dividends included? PM me if you are please.

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June 26, 2013, 04:07:50 AM
 #8414

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

Berkshire Hathaway has been around for decades and is worth nearly $192 billion dollars - it isn't a one-man show. They could've hired a web dev and they didn't. Why should Friedcat?

When making a website is the highest priority, he'll get around to it.

Have you looked at the Berkshire website? You could pay a college student $10/hour to hand-code HTML to come up with that. This isn't about anything fancy, it's about disseminating relevant financial information.

You're missing the point... That website doesn't have any content that could be generated by someone else. All of it is purpose-written letters from Buffett and the senior leadership.

In other words: Friedcat is the only one that can produce useful information to put on a website, and he's busy. A college student knows jack shit about ASICMiner and how it runs. All he can do is make a pretty website, which BH clearly proves is not at all necessary for success.

stripykitteh
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June 26, 2013, 04:17:59 AM
 #8415

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

Berkshire Hathaway has been around for decades and is worth nearly $192 billion dollars - it isn't a one-man show. They could've hired a web dev and they didn't. Why should Friedcat?

When making a website is the highest priority, he'll get around to it.

Have you looked at the Berkshire website? You could pay a college student $10/hour to hand-code HTML to come up with that. This isn't about anything fancy, it's about disseminating relevant financial information.

You're missing the point... That website doesn't have any content that could be generated by someone else. All of it is purpose-written letters from Buffett and the senior leadership.

In other words: Friedcat is the only one that can produce useful information to put on a website, and he's busy. A college student knows jack shit about ASICMiner and how it runs. All he can do is make a pretty website, which BH clearly proves is not at all necessary for success.

No, you're missing the point, friend. This is nothing to do with websites, I only linked to BH's to make a point. The relevant information is only in one person's head, true, which is all the more reason it needs to start making it's way into the public sphere - a little at a time, sure, and only enough to explain the company's performance and philosophy to investors who may not be board members but now have 5 and 6-digit investments in AM.

To be clear, I am not advocating friedcat drops everything and starts writing financial reports; I am advocating that he has a plan for his time that includes developing information for publication similar to what is in BH's website. A little at a time, and as needed.

 
                                . ██████████.
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       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
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June 26, 2013, 04:21:19 AM
 #8416

Just vote for it if you really want that one replied too  Roll Eyes
https://docs.google.com/forms/d/1M7wigyDWjKjabHKdC7msaEfXvYaNxtMbbmTIRss8EqU/viewform?pli=1

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June 26, 2013, 04:23:01 AM
 #8417

I have just voted on the questions for friedcat. Now I'm offering my opinion out loud - while we all love the high dividends, and have no doubt that the management team have excelled themselves so far, I think it's time that AM increased its transparency. Things like a quarterly earnings report, annual balance sheets and so forth.

Berkshire Hathaway is a good example of a successful company with a no-frills website that contains all the information an investor needs:

http://www.berkshirehathaway.com

I think offering the same level of information to shareholders is a worthwhile and realistic goal for AM.

Berkshire Hathaway has been around for decades and is worth nearly $192 billion dollars - it isn't a one-man show. They could've hired a web dev and they didn't. Why should Friedcat?

When making a website is the highest priority, he'll get around to it.

Have you looked at the Berkshire website? You could pay a college student $10/hour to hand-code HTML to come up with that. This isn't about anything fancy, it's about disseminating relevant financial information.

You're missing the point... That website doesn't have any content that could be generated by someone else. All of it is purpose-written letters from Buffett and the senior leadership.

In other words: Friedcat is the only one that can produce useful information to put on a website, and he's busy. A college student knows jack shit about ASICMiner and how it runs. All he can do is make a pretty website, which BH clearly proves is not at all necessary for success.

No, you're missing the point, friend. This is nothing to do with websites, I only linked to BH's to make a point. The relevant information is only in one person's head, true, which is all the more reason it needs to start making it's way into the public sphere - a little at a time, sure, and only enough to explain the company's performance and philosophy to investors who may not be board members but now have 5 and 6-digit investments in AM.

To be clear, I am not advocating friedcat drops everything and starts writing financial reports; I am advocating that he has a plan for his time that includes developing information for publication similar to what is in BH's website. A little at a time, and as needed.

I'll try to be more clear also: I don't think a website is a bad idea at all, and I think that eventually Friedcat should get around to making one.

I just think that Friedcat's time is currently unusually valuable. He's not actively searching for investment, so beyond your desire to drive up the stock price a bit more, what is the benefit to ASICMiner as a company of having a website right now at the expense of hashrate deployment?

The potential profit per minute of Friedcat's time will eventually come down, and then the information release will follow. As it stands, it seems to me ASICMiner is having no trouble attracting those 5 or 6 digit investments.

I think the weekly questions format is the best compromise for Friedcat's time.

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June 26, 2013, 04:33:00 AM
 #8418


I'll try to be more clear also: I don't think a website is a bad idea at all, and I think that eventually Friedcat should get around to making one.

I just think that Friedcat's time is currently unusually valuable. He's not actively searching for investment, so beyond your desire to drive up the stock price a bit more, what is the benefit to ASICMiner as a company of having a website right now at the expense of hashrate deployment?

The potential profit per minute of Friedcat's time will eventually come down, and then the information release will follow. As it stands, it seems to me ASICMiner is having no trouble attracting those 5 or 6 digit investments.

I think the weekly questions format is the best compromise for Friedcat's time.

No, I don't want the stock price driven up, quite the opposite. If I had a choice I'd like it to go down, so I can buy more. I'd like the value of the company to go up, which is something quite different. I think having financial data would be a start in that direction.

I don't care if it's a website, an email, written on a box of cornflakes, or whatever, I'd like the man to at least announce a plan to transfer what is in his brilliant mind into something permanent. Even if he said "we will starting producing quarterly earnings reports in October, and annual earnings reports and financial statements in April" (or whatever), I'd happily slide back under my rock.

 
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June 26, 2013, 04:36:37 AM
 #8419


I'll try to be more clear also: I don't think a website is a bad idea at all, and I think that eventually Friedcat should get around to making one.

I just think that Friedcat's time is currently unusually valuable. He's not actively searching for investment, so beyond your desire to drive up the stock price a bit more, what is the benefit to ASICMiner as a company of having a website right now at the expense of hashrate deployment?

The potential profit per minute of Friedcat's time will eventually come down, and then the information release will follow. As it stands, it seems to me ASICMiner is having no trouble attracting those 5 or 6 digit investments.

I think the weekly questions format is the best compromise for Friedcat's time.

No, I don't want the stock price driven up, quite the opposite. If I had a choice I'd like it to go down, so I can buy more. I'd like the value of the company to go up, which is something quite different. I think having financial data would be a start in that direction.

I don't care if it's a website, an email, written on a box of cornflakes, or whatever, I'd like the man to at least announce a plan to transfer what is in his brilliant mind into something permanent. Even if he said "we will starting producing quarterly earnings reports in October, and annual earnings reports and financial statements in April" (or whatever), I'd happily slide back under my rock.

I agree. He should set a hard date. Maybe the date at which a formal business plan and earnings reports will be issued would be a good candidate for the next round of questions.

Eric Muyser
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June 26, 2013, 04:41:52 AM
 #8420


I'll try to be more clear also: I don't think a website is a bad idea at all, and I think that eventually Friedcat should get around to making one.

I just think that Friedcat's time is currently unusually valuable. He's not actively searching for investment, so beyond your desire to drive up the stock price a bit more, what is the benefit to ASICMiner as a company of having a website right now at the expense of hashrate deployment?

The potential profit per minute of Friedcat's time will eventually come down, and then the information release will follow. As it stands, it seems to me ASICMiner is having no trouble attracting those 5 or 6 digit investments.

I think the weekly questions format is the best compromise for Friedcat's time.

No, I don't want the stock price driven up, quite the opposite. If I had a choice I'd like it to go down, so I can buy more. I'd like the value of the company to go up, which is something quite different. I think having financial data would be a start in that direction.

I don't care if it's a website, an email, written on a box of cornflakes, or whatever, I'd like the man to at least announce a plan to transfer what is in his brilliant mind into something permanent. Even if he said "we will starting producing quarterly earnings reports in October, and annual earnings reports and financial statements in April" (or whatever), I'd happily slide back under my rock.

I agree. He should set a hard date. Maybe the date at which a formal business plan and earnings reports will be issued would be a good candidate for the next round of questions.

I'm in agreement here. Shares are getting a bit high for the informality. I wouldn't like to see it much higher in the current state.

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
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