ASICMINER: Entering the Future of ASIC Mining by Inventing It

[JstnPwll]

Gamblers feel most alive when the dice are dancing on the table, and their financial ruin is imminent...

...blah.

[Blazed]

Guys you really need to abort yourselves from this dead company, i did so about 4 months ago and things have been very wonderful since then. Please for the sake of your family and your own sanity, get out of this madness and move on. Its glorious.

It is tempting
Seeing how long it's been left hanging but its March best time to see what happens is now

They might have a good chip this time around...this will remain interesting for a while I bet. I wonder if all this will be enough to get the almighty FC to post here?

[elasticband]

They might have a good chip this time around...this will remain interesting for a while I bet. I wonder if all this will be enough to get the almighty FC to post here?

[RoadStress]

They might have a good chip this time around...this will remain interesting for a while I bet. I wonder if all this will be enough to get the almighty FC to post here?

<image snipped>

Lost faith?

[jimmothy]

I'm honestly just amazed someone managed to steal thousands of machines without AM noticing. This couldn't have happened in an quickly, it must have taken all day to load them up. Sounds like AM hired some sketchy company to host their miners without anyone from AM watching over them. This hosting company must have had nothing to lose if they were willing to abandon their building and destroy their reputation for ~$1m worth of miners. (which will probably earn ~$500k over their lifetime)

I really doubt this is a scam because AM/FC has shown integrity matters more than profit time and time again (200 btc fee returned, prisma refunds, etc) , however the lack of professionalism cannot be ignored. Even if they do somehow make it out of this mess, I hope FC steps down and replaces himself with someone more qualified.

[dhenson]

I'm honestly just amazed someone managed to steal thousands of machines without AM noticing. This couldn't have happened in an quickly, it must have taken all day to load them up. Sounds like AM hired some sketchy company to host their miners without anyone from AM watching over them. This hosting company must have had nothing to lose if they were willing to abandon their building and destroy their reputation for ~$1m worth of miners. (which will probably earn ~$500k over their lifetime)

I really doubt this is a scam because AM/FC has shown integrity matters more than profit time and time again (200 btc fee returned, prisma refunds, etc) , however the lack of professionalism cannot be ignored. Even if they do somehow make it out of this mess, I hope FC steps down and replaces himself with someone more qualified.

If for example AM was hosting their miners with a 3rd party and stopped paying hosting fee's over the Chinese New Year, the 3rd party might be inclined to withhold access to the miners and instead mine for themselves until payment is made.

This in no way justifies what appears to be going on, but instead just offers a slightly more plausible scenario.

[NotLambchop]

...
If for example AM was hosting their miners with a 3rd party and stopped paying hosting fee's over the Chinese New Year, the 3rd party might be inclined to withhold access to the miners and instead mine for themselves until payment is made...

Are you saying this is a total fabrication?

update

The 3.546PH AMHash's hashrates have disappeared since 25th Dec 2014. We found this problem two days later,we asked friedcat,he said it was mining farm's maintenance issues,hashrates would come back soon.But one week later,hashrates didn't come back yet.When we asked FC again, we were told that all mining devices were robbed by the partner of the mining farm.And all hashrates were out of control.
After then, FC told us that hashrates from new mining farms will be deployed, but we didn't know the amount at that time.Right now, we still don't receive any update from those new hashrates.

AMHash Team

[Puppet]

Does anyone have AM share price and volume charts for the past 6 month or so? Would be interesting to see if anyone dumped shortly after December 25th.

[RoadStress]

I really doubt this is a scam because AM/FC has shown integrity matters more than profit time and time again (200 btc fee returned, prisma refunds, etc) , however the lack of professionalism cannot be ignored. Even if they do somehow make it out of this mess, I hope FC steps down and replaces himself with someone more qualified.

My view over this. There was no other option to the 200 BTC fee except to return them. I can only imagine the investors going crazy if this wasn't returned. As for the prisma refunds the amount doesn't seem too big to me. The batch and the refund weren't that big to really hurt AM. Considering this these 2 points don't really support AM THAT much, but don't get me wrong. These 2 acts of kindness must be appreciated and respected, but not to that extent to bet all the money on it.

[NotLambchop]

fuck you and your view roadstress! like seriously go fork yourself real hard!
i pity your hopeless lonely life you selfcentered prick.

[jimmothy]

I really doubt this is a scam because AM/FC has shown integrity matters more than profit time and time again (200 btc fee returned, prisma refunds, etc) , however the lack of professionalism cannot be ignored. Even if they do somehow make it out of this mess, I hope FC steps down and replaces himself with someone more qualified.

My view over this. There was no other option to the 200 BTC fee except to return them. I can only imagine the investors going crazy if this wasn't returned. As for the prisma refunds the amount doesn't seem too big to me. The batch and the refund weren't that big to really hurt AM. Considering this these 2 points don't really support AM THAT much, but don't get me wrong. These 2 acts of kindness must be appreciated and respected, but not to that extent to bet all the money on it.

Why would FC even waste his time with Prisma refunds if he was going to pull a fast one only 2 months later? And why would he halt AMhash sales?

[dhenson]

...
If for example AM was hosting their miners with a 3rd party and stopped paying hosting fee's over the Chinese New Year, the 3rd party might be inclined to withhold access to the miners and instead mine for themselves until payment is made...

Are you saying this is a total fabrication?

update

The 3.546PH AMHash's hashrates have disappeared since 25th Dec 2014. We found this problem two days later,we asked friedcat,he said it was mining farm's maintenance issues,hashrates would come back soon.But one week later,hashrates didn't come back yet.When we asked FC again, we were told that all mining devices were robbed by the partner of the mining farm.And all hashrates were out of control.
After then, FC told us that hashrates from new mining farms will be deployed, but we didn't know the amount at that time.Right now, we still don't receive any update from those new hashrates.

AMHash Team

No not a total fabrication. I'm just interpreting it the way it is written, they no longer have control of the miners and the hosting service has diverted the miners to their own address.

Iirc their partner was hashratio.

[gogxmagog]

I think if AM and the rest of these guys so revere and honor Chinese New Year, and absolutely cannot pay attention to their (EXTREMELY) time sensative businesses, they better hire a skeleton crew of Gaijan to look after OUR investments while they go eat moon cakes and give each other gifts for TWO FUCKING WEEKS.
If there's ever a war with China it will be so fucking easy to win. just wait till Chinese New Year, obviously the whole country goes to shit for 2 weeks and nothing gets taken care of.
what a bunch of assholes.

[NotLambchop]

fuck you and your view roadstress! like seriously go fork yourself real hard!
i pity your hopeless lonely life you selfcentered prick.

valid for you as well cunt.

I'm starting to think a certain intrepid investor here needs a hug.  Which finance enthusiast might that be, hmm?  Let's see...

[Chalkbot]

Does anyone have AM share price and volume charts for the past 6 month or so? Would be interesting to see if anyone dumped shortly after December 25th.

Volume picked up, but in an upward direction.

[NotLambchop]

...
If for example AM was hosting their miners with a 3rd party and stopped paying hosting fee's over the Chinese New Year, the 3rd party might be inclined to withhold access to the miners and instead mine for themselves until payment is made...

Are you saying this is a total fabrication?

update

The 3.546PH AMHash's hashrates have disappeared since 25th Dec 2014. We found this problem two days later,we asked friedcat,he said it was mining farm's maintenance issues,hashrates would come back soon.But one week later,hashrates didn't come back yet.When we asked FC again, we were told that all mining devices were robbed by the partner of the mining farm.And all hashrates were out of control.
After then, FC told us that hashrates from new mining farms will be deployed, but we didn't know the amount at that time.Right now, we still don't receive any update from those new hashrates.

AMHash Team

No not a total fabrication. I'm just interpreting it the way it is written, they no longer have control of the miners and the hosting service has diverted the miners to their own address.

Iirc their partner was hashratio.

Let me understand:  You're saying that "disappeared since 25th Dec 2014" means "we just found out yesterday" and "robbed by a partner" is just a meaningless interjection in Cantonese, similar to "um, like, you know" in English?

[rudi]

Wow what a mess.

It would appear that the mysterious disappearance of friedcat is just an attempt to avoid shame (whatever the fuck-up). Which is of course exactly the wrong way of handling things.

[hdbuck]

HAVELOCK BACK ONLINE

[dhenson]

HAVELOCK BACK ONLINE

... trading not allowed.

[hdbuck]

HAVELOCK BACK ONLINE

... trading not allowed.

still..