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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916265 times)
chriswilmer
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January 16, 2015, 03:20:12 AM
 #25021

My transfer to Havelock from early December still hasn't gone through.  Sad

Maybe it's a way of helping you not to sell your shares at prices this low  Grin Who knows, you could be very thankful in a couple of months if the share price goes up dramatically  Grin
But honestly, it's really annoying that a lot of request don't seem to go through seamlessly...

Any advice? Should I try again?
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January 16, 2015, 04:41:23 AM
Last edit: January 16, 2015, 04:51:33 AM by jjdub7
 #25022

It will be released as soon as the accountant is finished with the numbers.
(The accountant is actually a dead raccoon on the side of the I95, just outside of Washington)
Best post of the year already.
On the other hand, I equally imagine a scenario where friedcat posts a simple "It is time." which precedes an immediate BTC price explosion well into the 5-digit range.
the more time flies without a word from FC, the more i think the "its time" moment to be related to the exact contrary: AM shuts down.
Since when are you not the AM Perma Bull? Not been following AM much lately, but I thought you were always so positive about them  Huh

meh, momentary bitcoin spleen. i hope they prove me wrong tho.

I just have a very, very difficult time seeing consumers and industrial clients eager to put in batch orders for AM-manufactured devices after the Tube/Prisma chaos.

If you think of cloud hashes as analogous to treasury bonds in a fiat economy, you're doing it right.  Yields on both treasuries and hashing bonds are naturally expected to fall over time as their supporting economies mature - just like what we have right now across the global economy (namely, free borrowing power, although to a bit too large and bank-centralized degree to really support long-term economic kindling).

Now, if you see the BTC economy start to say "well, fuck operating our own miners, let's just all buy cloud hashing securities", well then this game starts to become very similar to the global bond markets.

Note how the U.S. has the rest of the world by the balls economically (save for maybe Germany and the UK, though Europe is fucked on a whole 'nother level in general right now).  This is due to a number of reasons, though if AM were to maximize scalability over chip-producing competitors, it could very well indeed find itself in a similar position of overwhelming dominance.

Satoshi's greatest mistake in designing the Bitcoin protocol was to solely use SHA-256 for block-hashing.  If they had instead implemented a cycling mechanism which randomized the necessary hashing function across a varied array of options (say scrypt, SHA-256, and X-11), it would've reduced this obscene centralization of market power and BTC holdings that we see today.

Because even if ASICMINER achieves secure dominance in the chip market, let's face it, that's not really a good thing either.  They'd effectively be able to set bond yields (aka interest rates) in the same exact way that the central banks do with fiat money IT IS THE SAME DAMN MARKET MECHANISM IN ACTION.

Ultimately, if it looks like fiat, smells like fiat, and behaves like fiat, then what was its purpose in competing with fiat from its genesis?

Just some things to think about.

As much as we all hate to hear it over and over again, the real innovation was not the creation of an independent system of electronic money but rather a true solution to the Two Generals' Problem, and unless BTC can evolve into a gateway commodity token for a newly created 'Economy of Internets', it will ultimately be cast into the same bin as Dutch tulips and Enron stock.

I have said it again and again here, but if ASICMINER wants to achieve sustainable dominance in the market (beyond just ascending the hashrate provisioning throne), friedcat needs to begin making friends with people at IBM, Oracle, Intel, AMD, NVIDIA et al. to develop middleware and end-user hardware for controlling, distributing, and managing the next decade's cloud infrastructure - one where computers no longer have hard drives but rather broad RAM sets that torrent VM's onto a shell machine via cryptokey ID Auth management.  

He is certainly well-known enough across IT communities to request an introduction; unless he has already began to put such a plan in motion alongside burning the company's cryptocash to suffocate his competition, the whole thing will have been for naught.

That all being said, I am still favoring TSCM stock over AM in the near-term (but I've been known to be a fool at times).
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January 16, 2015, 05:26:17 AM
 #25023

Friedcat's acct was registered 3 yrs ago today  (Jan16-2012)..  

    Happy Sort-of Cake Day Friedcat!

 
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January 16, 2015, 06:55:23 AM
 #25024

Friedcat's acct was registered 3 yrs ago today  (Jan16-2012)..  

    Happy Sort-of Cake Day Friedcat!

 

Happy Sort-of Cake Day Friedcat! Cheesy
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January 16, 2015, 09:28:09 AM
 #25025

Friedcat's acct was registered 3 yrs ago today  (Jan16-2012)..  

    Happy Sort-of Cake Day Friedcat!

 

Happy cakeday Friedcat Tongue  What a weird three years it has been.  Hopefully many more to come?

It's been fun atleast.

Free coins every day: QoinPro Including Bitcoins!
HarmonLi
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January 16, 2015, 01:32:01 PM
 #25026

My transfer to Havelock from early December still hasn't gone through.  Sad

Maybe it's a way of helping you not to sell your shares at prices this low  Grin Who knows, you could be very thankful in a couple of months if the share price goes up dramatically  Grin
But honestly, it's really annoying that a lot of request don't seem to go through seamlessly...

Any advice? Should I try again?

Yeah, make sure and double check you followed the guide on Havelock, signed the transfer correctly... Maybe send FC a PM and a mail to fnnirvana@gmail.com, too... Early December seems a bit long, yeah.

prancing_around
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January 16, 2015, 05:28:55 PM
 #25027

My transfer to Havelock from early December still hasn't gone through.  Sad

Maybe it's a way of helping you not to sell your shares at prices this low  Grin Who knows, you could be very thankful in a couple of months if the share price goes up dramatically  Grin
But honestly, it's really annoying that a lot of request don't seem to go through seamlessly...

Any advice? Should I try again?

Yeah, make sure and double check you followed the guide on Havelock, signed the transfer correctly... Maybe send FC a PM and a mail to fnnirvana@gmail.com, too... Early December seems a bit long, yeah.

What do you mean by signed the transfer correctly? It doesn't say anything on the havelock guide about signing unless I missed something.
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January 16, 2015, 05:30:44 PM
 #25028

What do you mean by signed the transfer correctly? It doesn't say anything on the havelock guide about signing unless I missed something.

Quote
How to Import Direct Shares:
1. Send an e-mail to fnnirvana@gmail.com & Havelock Investments at
AMFund@havelockinvestments.com with the following message:

”Please transfer (X) of my shares to the Havelock Investments account at 1J5fvfUrDcZj8rrpVHMgn8u7sXee84QkPd --
AMFund@havelockinvestments.com”

Also include the following info:
- Your current ASICMINER share-holding wallet address & e-mail address
- The quantity of shares you wish to transfer

2. If the e-mail address you have on file with ASICMINER is different than the one you use for your Havelock account, you MUST send an e-mail from the e-mail address you have registered with Havelock confirming this import request. If this is the case, please provided a dated, signed message from the host wallet to confirm ownership.

You need the signed message to prove ownership of the bitcoin addresses tied to the direct shares.
RoadStress
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January 16, 2015, 10:06:59 PM
 #25029


Since AM has the most efficient chip on the market (please correct me if I'm wrong), AM may be able to use the strong bear market as an advantage to regain a larger portion of network hashrate.

I think you mean sample chips.

Why ? Dont they provide same material for regular production ?

Will see.

Another 250+ shares buy, you can't convince me this is just some bot doing its thing. It also isn't someone buying in his/her own orders... This has to be some action from someone who knows something! Geez, I'm all hyped up!

Well the sample performed better than expected and mass production is set to begin in February. With a bit of luck, AM could find themselves without any real competition for a short while. Share price could go nuts if that happens, so these buys could just be getting in early.

The sample chips may have performed better than expected, but we still haven't seen the 24 chip board version and I don't think we will see it until February. Either FC burned all the sample chips or the design wasn't good. Stop pumping useless shares Smiley

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January 16, 2015, 11:52:31 PM
 #25030

Roadstress - if they come through with an at-spec chip and a 24 chip board, I'm paying your dues for an honorary AMFanclub membership.

I want to see a short skirt and pom-poms.

gogxmagog
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January 17, 2015, 01:16:39 AM
 #25031

Does anyone know what is going on with the Prisma sig campaign? As far as I can tell they aren't selling Prismas anymore, no news from sunxiaxo (sp?) no news of an update (could put new different ad in sig?) no payment for December 2014 and no nothing!!! If the thing is over, I would appreciate hearing that so I could move on. If they are waiting for a new AM product to advertise, I would like to know that as well.
MichaelBliss
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January 17, 2015, 01:27:03 AM
 #25032

Does anyone know what is going on with the Prisma sig campaign? As far as I can tell they aren't selling Prismas anymore, no news from sunxiaxo (sp?) no news of an update (could put new different ad in sig?) no payment for December 2014 and no nothing!!! If the thing is over, I would appreciate hearing that so I could move on. If they are waiting for a new AM product to advertise, I would like to know that as well.

The campaign ended last month.  You must have missed a post.   Also, you must have missed the posts replying to you to that effect in the other thread.  Many people switched to the AMHASH campaign when the PRISMA campaign ended. Wink
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January 17, 2015, 02:16:51 AM
 #25033

What do you mean by signed the transfer correctly? It doesn't say anything on the havelock guide about signing unless I missed something.

Quote
How to Import Direct Shares:
1. Send an e-mail to fnnirvana@gmail.com & Havelock Investments at
AMFund@havelockinvestments.com with the following message:

”Please transfer (X) of my shares to the Havelock Investments account at 1J5fvfUrDcZj8rrpVHMgn8u7sXee84QkPd --
AMFund@havelockinvestments.com”

Also include the following info:
- Your current ASICMINER share-holding wallet address & e-mail address
- The quantity of shares you wish to transfer

2. If the e-mail address you have on file with ASICMINER is different than the one you use for your Havelock account, you MUST send an e-mail from the e-mail address you have registered with Havelock confirming this import request. If this is the case, please provided a dated, signed message from the host wallet to confirm ownership.

You need the signed message to prove ownership of the bitcoin addresses tied to the direct shares.

That is the case only if the email that is on file with ASICMINER is different from the one on Havelock, at least that's how I'm interpreting it.
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January 17, 2015, 03:21:40 AM
 #25034

Ive had a few difficulties importing my direct shares to Havelock

Looking to sell 10 direct shares at a rate of 0.12 btc per share, would ideally like to sell all 10 at once, can offer all 10 for 1.1 btc

If you are interested please contact me and I can show you the linked address in the most recent divi payout and send a signed message to confirm ownership

Escrow accepted, will split escrow fee with buyer

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January 17, 2015, 05:44:12 AM
 #25035

Does anyone know what is going on with the Prisma sig campaign? As far as I can tell they aren't selling Prismas anymore, no news from sunxiaxo (sp?) no news of an update (could put new different ad in sig?) no payment for December 2014 and no nothing!!! If the thing is over, I would appreciate hearing that so I could move on. If they are waiting for a new AM product to advertise, I would like to know that as well.

The campaign ended last month.  You must have missed a post.   Also, you must have missed the posts replying to you to that effect in the other thread.  Many people switched to the AMHASH campaign when the PRISMA campaign ended. Wink

yes i have been pretty busy IRL. thanks
chriswilmer
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January 17, 2015, 01:42:27 PM
 #25036

Transfer went through. Thanks friedcat!
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January 17, 2015, 04:29:25 PM
 #25037

Hey Guys.

Im new to havelock, but AM1 looks interesting.
Where can i check the recent dividends ?

Thx

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January 17, 2015, 07:19:04 PM
 #25038

Im new to havelock, but AM1 looks interesting.
Where can i check the recent dividends ?
https://www.havelockinvestments.com/fund.php?symbol=AM1

Click on the dividends tab.
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January 17, 2015, 10:09:44 PM
Last edit: January 18, 2015, 10:15:44 AM by Coin.millionair
 #25039

Im new to havelock, but AM1 looks interesting.
Where can i check the recent dividends ?
https://www.havelockinvestments.com/fund.php?symbol=AM1

Click on the dividends tab.


LOL
Im not newbie like this Smiley
Thx though.

I've checked that list, but seems its not actual.
What is the reason weekly dividends stopped in march and last dividend was in november ?
Is it really the actual dividend list ?

Qtum             ▄██▄▄▄▄▄▄▄▄▄██▄
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....First UTXO Based PoS Smart Contract..
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January 17, 2015, 10:13:24 PM
 #25040

Yes, that is the real dividend list.
Payments stopped as cashflow has been withheld for future re-invstment / R&D.
Hopefully divs will resume after roll out of next gen products later this year.
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