ASICMINER: Entering the Future of ASIC Mining by Inventing It

[jimmothy]

Sometimes he's busy -- whether that means busy working, busy holidaying, whatever.  FC is known for it.  A delay in transferring shares is quite common (I'm amazed he does share transfers at all -- he should have switched to e.g. colored coins by now).  This does not make him a scammer FFS.

Really? You seem like the only optimistic one at this point.

You seem like the only one who can't grow up and end your crusade against AM.

Why can't you just admit that SP-tech, Bitmain, and Asicminer are the best/most trustworthy hardware manufacturers? Why must it be SPtech or nothing with you? (rhetorical question, I know you're getting paid handsomely to pimp SP-tech gear)

Yes, AM is extremely lacking in terms of customer support, and they are desperately in need of a solution for share transfers, but they've scammed absolutely no one in the several years they've been in business.

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[NotLambchop]

...
Yes, AM is extremely lacking in terms of customer support, and they are desperately in need of a solution for share transfers...

So underpreforming/cap popping/catching on fire thing's no longer an issue?  Good divs for investors (not even laughing now, honest) and everything?
Sorry if this was all answered, been out of the loop.

[jimmothy]

So underpreforming/cap popping/catching on fire thing's no longer an issue?

Correct. AM offered to buyback all prisma's at the original price.

[Chris_Sabian]

So underpreforming/cap popping/catching on fire thing's no longer an issue?

Correct. AM offered to buyback all prisma's at the original price.

I purchased one of the original prisma back in October.  I took AM up on their offer of getting a replacement instead of a full buy-back.  I received my prisma 2.0 late last week.  I sent prisma 1.0 to CrazyGuy in late December 2014.

The original BE controller didn't work with the prisma 2.0 so CrazyGuy sent me a new one.  I've been testing the prisma this week and getting some results.  The prisma 2.0 doesn't like my Corsair RM850 gold PSU.  I had 2 boards running on 1 PSU and the PSU would reset after ~1hr.  I'm currently testing 1 board on 1 PSU and I hope to have results tonight / tomorrow.

No word yet on compensation for lost mining time per FC post.  I would guess that CrazyGuy is waiting for me to be fully up and running.  CrazyGuy has been helpful with the process.   

[iCEBREAKER]

FC seems to no longer be fulfilling AM's most basic obligation to their original shareholders.   

XPOST of interest to investors in ASICMINER and its subsidiaries/partners/products:

OgNasty, where you at?

I'm waiting patiently for confirmation that shares have been transferred so I can make the final payment.  I offered to send 0.75 BTC now to satisfy the agreement in exchange for assuming the risk of AM not paying out or confirming the share transfer.  I am still happy to do that, or we can stick to the original agreement and wait for confirmation from AM.

Friedcat is a scammer if he does not honor his promise to transfer shares upon request.

We risked our BTC to make him rich and famous.  And now he's too busy being successful to spend 5 minutes dealing with an early investor?

If Friedcat breaks his promise to confirm share transfers, I hope the Chinese Scam Police hunt him down and teach him a lesson.

Sometimes he's busy -- whether that means busy working, busy holidaying, whatever.  FC is known for it.  A delay in transferring shares is quite common (I'm amazed he does share transfers at all -- he should have switched to e.g. colored coins by now).  This does not make him a scammer FFS.

I'm glad FC is very busy.  MININGCO.ETF helped FC become so busy with success and has been waiting 60 days for this share transfer to OgNasty.

This is a breach of what the OP promises.  If shares cannot be transferred, they are worthless.

[RoadStress]

You seem like the only one who can't grow up and end your crusade against AM.

Why can't you just admit that SP-tech, Bitmain, and Asicminer are the best/most trustworthy hardware manufacturers? Why must it be SPtech or nothing with you? (rhetorical question, I know you're getting paid handsomely to pimp SP-tech gear)

Yes, AM is extremely lacking in terms of customer support, and they are desperately in need of a solution for share transfers, but they've scammed absolutely no one in the several years they've been in business.

And you seem like the few who will not accept the fact that AM is dead. You contradict yourself in the above post. AM can't be the best/most trustworthy hardware when they are lacking in terms of customer support.

It doesn't have to be SPTech or nothing with me. It has to be a manufacturer that offers a good service overall. I defended KnC in their Jupiter launch days because they deserved it and I bashed them when they deserved it. I was a big fan of Bitfury also in their early days, but they have disappointed me with their strategy of selling overpriced miners to regular customers while offering heavy discounted sales towards their big customers. I know that they are a business, but they pissed on their few regular customers.  Regarding BITMAIN I don't agree with their policy of selling used miners from their farms to customers.

You are against me because companies can't treat their customers treated right. Ok.

[hdbuck]

You seem like the only one who can't grow up and end your crusade against AM.

Why can't you just admit that SP-tech, Bitmain, and Asicminer are the best/most trustworthy hardware manufacturers? Why must it be SPtech or nothing with you? (rhetorical question, I know you're getting paid handsomely to pimp SP-tech gear)

Yes, AM is extremely lacking in terms of customer support, and they are desperately in need of a solution for share transfers, but they've scammed absolutely no one in the several years they've been in business.

And you seem like the few who will not accept the fact that AM is dead. You contradict yourself in the above post. AM can't be the best/most trustworthy hardware when they are lacking in terms of customer support.

It doesn't have to be SPTech or nothing with me. It has to be a manufacturer that offers a good service overall. I defended KnC in their Jupiter launch days because they deserved it and I bashed them when they deserved it. I was a big fan of Bitfury also in their early days, but they have disappointed me with their strategy of selling overpriced miners to regular customers while offering heavy discounted sales towards their big customers. I know that they are a business, but they pissed on their few regular customers.  Regarding BITMAIN I don't agree with their policy of selling used miners from their farms to customers.

You are against me because companies can't treat their customers treated right. Ok.

oh please go shill your science back in the 20mb fork thread.

[MichaelBliss]

You seem like the only one who can't grow up and end your crusade against AM.

Why can't you just admit that SP-tech, Bitmain, and Asicminer are the best/most trustworthy hardware manufacturers? Why must it be SPtech or nothing with you? (rhetorical question, I know you're getting paid handsomely to pimp SP-tech gear)

Yes, AM is extremely lacking in terms of customer support, and they are desperately in need of a solution for share transfers, but they've scammed absolutely no one in the several years they've been in business.

And you seem like the few who will not accept the fact that AM is dead. You contradict yourself in the above post. AM can't be the best/most trustworthy hardware when they are lacking in terms of customer support.

It doesn't have to be SPTech or nothing with me. It has to be a manufacturer that offers a good service overall. I defended KnC in their Jupiter launch days because they deserved it and I bashed them when they deserved it. I was a big fan of Bitfury also in their early days, but they have disappointed me with their strategy of selling overpriced miners to regular customers while offering heavy discounted sales towards their big customers. I know that they are a business, but they pissed on their few regular customers.  Regarding BITMAIN I don't agree with their policy of selling used miners from their farms to customers.

You are against me because companies can't treat their customers treated right. Ok.

oh please go shill your science back in the 20mb fork thread.

Every time someone quotes Roadstress or NotLambChop or any of the other trolls - I remember why I put those fools on ignore.   Just don't engage with them and they will go away  - or shut up - one or the other. 

It's a lot easier to criticize than it is to do, so naturally AM will attract losers like moths.

Imagine you made all the right calls, bought the right gear, and saw nothing but profit and good times.   In that scenario, would *you* spend all of your time trolling a competitor's thread?  You know... you're winning in life and everything you touch turns to gold...do you a)spend your time productively or at least laying on a beach and relaxing b) spend hours and hours making up lies on the AM thread.    They must be winners because they have so much advice to give...yet...they are internet trolls?   Doesn't add up, so just click ignore on their profile. 

[NotLambchop]

^A bit overinvested, no?  Regardless,
♬ Don't worry 'bout a thing / 'Cause every little thing gonna be alright ♫

[Chalkbot]

NotLambchop makes valid points every once in a while, and often in a humorous way, which is why I don't have him/her on ignore.

Lately his posts seem to be of lower quality and higher frequency. You can tell from some previous posts that he's an intelligent person (or perhaps multiple people), so he must be aware that a lot of his posts are pure FUD, and are being posted for that reason alone. Makes me wonder why there are more of them now? What is the motivation? I suppose the obvious answer is being in a short position on everything, but how can a person be so certain that their posts have any effect on the market whatsoever? If he was successful with this campaign, wouldn't that mean less posts? Maybe he sold the account.

I guess the recent "This American Life" podcast about trolls on the internet revealed that these people (the most dedicated ones) are often just wounded bitter people seeking some kind of equality or justification by attacking those they are somehow envious of (or perceived to be "in the same boat"). In that sense, it's kind of sad, if true. He could be a guy that had a ton of BTC and lost/sold it all way too soon. That person would certainly revel in the idea that everyone else was losing money now too. But that alone will never make you happy again, NLC, you gotta build yourself back up. I'm here for you bro. Fist bump?

[Mabsark]

Here's something which may cheer you guys up. I created a thread to have a 1 BTC bet with RoadStress. Here's the initial post from that thread:

Praising SP-Tech, maybe, but talking rubbish no. Since you refuse to show some examples I am sure that you, as an AM shareholder, have a different way of digesting the reality and the facts when presented to you and that's why you see it as talking rubbish. Until you will present some evidence of talking rubbish your statements are worthless for me.

Put your bitcoin where your mouth is then. Let's have a 1 BTC bet. If I can provide a quote of you talking rubbish about AM in the AM shareholders thread I win and you owe me 1 BTC. If I can't provide such a quote, you win and I owe you 1 BTC.

Edit: For the purpose of the bet, talking rubbish is defined as trolling, telling lies, spreading rumours, presenting opinion as facts.

His last post in this thread may have just cost him 1 BTC and if he refuses to pay out then that's a valid reason for a scam accusation and negative feedback.  

[NotLambchop]

NotLambchop makes valid points <snip>

There!  Tidied up your typings.
The rest was second-rate sophistry and illusion; commit it then to the flames.
>his posts seem to be of lower quality
When you deserve better, you'll get better.  Such entitlement!

[RoadStress]

Here's something which may cheer you guys up. I created a thread to have a 1 BTC bet with RoadStress. Here's the initial post from that thread:

Praising SP-Tech, maybe, but talking rubbish no. Since you refuse to show some examples I am sure that you, as an AM shareholder, have a different way of digesting the reality and the facts when presented to you and that's why you see it as talking rubbish. Until you will present some evidence of talking rubbish your statements are worthless for me.

Put your bitcoin where your mouth is then. Let's have a 1 BTC bet. If I can provide a quote of you talking rubbish about AM in the AM shareholders thread I win and you owe me 1 BTC. If I can't provide such a quote, you win and I owe you 1 BTC.

Edit: For the purpose of the bet, talking rubbish is defined as trolling, telling lies, spreading rumours, presenting opinion as facts.

His last post in this thread may have just cost him 1 BTC and if he refuses to pay out then that's a valid reason for a scam accusation and negative feedback.  

This is our PM discussion:

And you seem like the few who will not accept the fact that AM is dead.

I'll take that 1 BTC now, thanks.

Are you going to honour this bet or do I need to raise a scam accusation against you and leave negative feedback?

Raise a scam accusation against me and leave me negative feedback.

[jimmothy]

And you seem like the few who will not accept the fact that AM is dead.

Your right Roadstress, this company currently valued at ~$10m, with millions of dollars in assets, which has currently developed/produced/tested the most efficient chips to date, is definitely dead.

You contradict yourself in the above post. AM can't be the best/most trustworthy hardware when they are lacking in terms of customer support.

Customer support is not the only thing that makes a company great, but I can see why you're pushing that because how else could you sell SP-techs overpriced hardware?

BTCgarden, Rockminer, Hashratio, and AM have all sold miners that were able to turn a profit in BTC. Has SPtech even sold a single miner that could have broke even by now?

You are against me because companies can't treat their customers treated right. Ok.

No, I'm against you because you think you can't pimp SPtech gear without bashing the competition.

[ninjarobot]

AM is dead.

AM isn't dead! It is merely resting.



I'm joking of course. But some good BE300 news can't come soon enough.

[jdany]

AM isn't dead! It is merely resting.

I've actually witnessed a few AM's in other industries.
I've been attached to them in the same ways I am attached to AM.
Minority shareholder.
Cheerleader.
(Fatal) Optimistic.

I love my fucking underdogs.

As a MS, you're helpless.
You can't help.  Your voice doesn't count.
You can watch everything unfold.
It doesn't make sense to get further involved, enough to help.

In half the cases I've been involved, it turns out alright.
They fight through.  They get it figured out.
I just talked to one of those last week.
In 2014, they had the highest net year in their history, and became marketshare leader.

In the other half of cases, crash and burn.
They usually stop returning phone calls.
They stop responding to emails.
I mean, really, when there's nothing good to say, who wants to have their nose rubbed in it.

There's usually a very recognizable point where that one guy gives up.  He says fuck it.
He stops trying to be nice.  He stops trying to win.  He submits.
He just plays the rest of his cards out, and he disappears.
There's usually no soliloquy - just a fade-out.

The sad thing is - the marketplace is so forgiving.
You come with a bit of humility, and we'll forgive you.
But, when you don't ask for it.
And you decide you don't need it.
The market will shed you like a dead raccoon.

I don't know though.
These people in China are confusing.
Their cultural stuff is so different, I can't get a read on them.

Anyway, I'm pretty sure this could go either way.
Still as speculative as when I first got involved.
This industry will never get any of my real investment money when it's still in this phase.

Here's to AM not saying fuck it.
Here's to AM getting their shit straightened out.
Here's to AM become marketshare leader.
Here's to AM winning.

[RoadStress]

No, I'm against you because you think you can't pimp SPtech gear without bashing the competition.

I am not that type of guy. I am not bashing the competition because I am trying to pimp SPTech gear. I am bashing any company that I like and my history proves it. Bashed KnC, Labcoin, ActM, TerraHash, HashFail, Cointerra, Avalon. I may have missed some and I think that BITMAIN escaped my bashing or at least they got the least. My bashing has nothing to do with competition. It is only based on their own actions.

If removing my affiliated signature makes any difference when I start to bash then let me know and I would gladly do it. But I have the feeling that you would accuse me of the same stuff even without a signature because...moon.

[sngwinner]

Road stress why do you feel the need to bash companies at all. Do you think that nothing bad will be said about them unless you're a constant contrarian? Have you bashed sptech yet? I'm sure there are reasons to bash them and you haven't bashed them.

[organofcorti]

AM isn't dead! It is merely resting.

I've actually witnessed a few AM's in other industries.
I've been attached to them in the same ways I am attached to AM.
Minority shareholder.
Cheerleader.
(Fatal) Optimistic.

I love my fucking underdogs.

As a MS, you're helpless.
You can't help.  Your voice doesn't count.
You can watch everything unfold.
It doesn't make sense to get further involved, enough to help.

In half the cases I've been involved, it turns out alright.
They fight through.  They get it figured out.
I just talked to one of those last week.
In 2014, they had the highest net year in their history, and became marketshare leader.

In the other half of cases, crash and burn.
They usually stop returning phone calls.
They stop responding to emails.
I mean, really, when there's nothing good to say, who wants to have their nose rubbed in it.

There's usually a very recognizable point where that one guy gives up.  He says fuck it.
He stops trying to be nice.  He stops trying to win.  He submits.
He just plays the rest of his cards out, and he disappears.
There's usually no soliloquy - just a fade-out.

The sad thing is - the marketplace is so forgiving.
You come with a bit of humility, and we'll forgive you.
But, when you don't ask for it.
And you decide you don't need it.
The market will shed you like a dead raccoon.

I don't know though.
These people in China are confusing.
Their cultural stuff is so different, I can't get a read on them.

Anyway, I'm pretty sure this could go either way.
Still as speculative as when I first got involved.
This industry will never get any of my real investment money when it's still in this phase.

Here's to AM not saying fuck it.
Here's to AM getting their shit straightened out.
Here's to AM become marketshare leader.
Here's to AM winning.

Shouldn't poems rhyme?

[jdany]

Not all the time.