Bitcoin Forum
October 19, 2019, 05:34:23 AM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 [1296] 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 ... 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3899776 times)
hdbuck
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000



View Profile
March 11, 2015, 01:14:27 PM
 #25901

Well this board statement should be interesting, but I doubt they have any real info. I guess we will find out soon enough though.

What is the share price going to do? Drop any further? Well, I guess at this point it's just as good as going down with the ship. It only makes sense to liquidate still if you are all in AM and have like 1000 shares or something.

Yeah, as of now I don't see any reason to sell down any further. Yesterday I thought it could go down a bit, but after reconsidering, it could be a mistake to short AM right now. Don't know... Wait and see... At least enjoy the plot, if everything else already went wrong.

if anyone has 500+ shares to get rid off, now would be the time considering Havelock's building up order book.

Yeah... Definitely interesting to see the people speculating on other peoples' panic. But that's how markets work. It'd be interesting to see some really big dumps, like multiple thousand. Unfortunately no one can transfer their direct shares into Havelock at the moment Tongue

1000 shares is *still* about 13BTC Grin
1571463263
Hero Member
*
Offline Offline

Posts: 1571463263

View Profile Personal Message (Offline)

Ignore
1571463263
Reply with quote  #2

1571463263
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Silverspoon
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
March 11, 2015, 01:14:50 PM
 #25902

... Unfortunately no one can transfer their direct shares into Havelock at the moment Tongue

The lark’s on the wing;
The snail’s on the thorn;
God’s in His heaven--
All’s right with the world!
KarmaShark
Hero Member
*****
Offline Offline

Activity: 594
Merit: 507


Founder - Helium


View Profile WWW
March 11, 2015, 01:25:06 PM
 #25903

There is an on-going thread with an active discussion on one of the chinese social networking sites. I cannot translate well so the bits and pieces I can parse through insinuates they are trying to and may have found Fried Cat:




http://8btc.com/thread-14566-10-1.html

████████
████████
████
████





████
████
████████
████████
     ▄▄████████▄▄
   ▄██████████████▄
 ▄██████████████████▄
██████▀▀▀▀▀█████▀▀▀▀▀█
██████     █████     █
██████     █████     █             ▄▄▄
██████     ▀▀▀▀▀     █        ███  ███
 ▀████                  ▄▄▄   ███  ▄▄▄ ▄▄▄  ▄▄▄ ▄▄▄ ▄▄▄  ▄▄
   ▀██     ▄▄▄▄▄      ▄█████▄ ███  ███ ███  ███ ████████████▄
     ▀     █████      ███▄▄██ ███  ███ ███  ███ ███ ▀███ ▀███
           ▀▀███      ███▄▄▄  ███▄ ███ ███▄████ ███  ███  ███
               ▀       ▀████▀  ▀██ ███ ▀███▀███ ███  ███  ███
                   ▀█
████████
████████
████
████





████
████
████████
████████
█  ████▀  █
█  ██▀▄█  █
█  ▀▄███  █
█  ████▀  █
██▀▄█
▀▄███
████▀
██▀▄█

▀▄███

█  ████▀  █

█  ██▀▄█  █

█  ▀▄███  █

█  █████  █
|
█  ████▀  █
█  ██▀▄█  █
█  ▀▄███  █
█  ████▀  █
██▀▄█
▀▄███
████▀
██▀▄█

▀▄███

█  ████▀  █

█  ██▀▄█  █

█  ▀▄███  █

█  █████  █
ujka
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


View Profile
March 11, 2015, 01:40:10 PM
 #25904

The last post there is saying (google translated):
Quote
Not only is not found, but also more and more doubts!
HarmonLi
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


Honest 80s business!


View Profile
March 11, 2015, 01:42:25 PM
 #25905

The last post there is saying (google translated):
Quote
Not only is not found, but also more and more doubts!

Yeah, that's what I got, I was just about to get my hopes up here... It really is a mess. But on the other hand... who are these people? Are they involved with FC in some way? Are they friends, colleagues, whatever?

Cablez
Legendary
*
Offline Offline

Activity: 1400
Merit: 1000


I owe my soul to the Bitcoin code...


View Profile
March 11, 2015, 02:29:51 PM
 #25906

The last post there is saying (google translated):
Quote
Not only is not found, but also more and more doubts!

Yeah, that's what I got, I was just about to get my hopes up here... It really is a mess. But on the other hand... who are these people? Are they involved with FC in some way? Are they friends, colleagues, whatever?


Creditors?


I will have to say that I am slightly sore that I didn't sell out when divs stopped, that is a big tell.  Not necessarily scam but business management needed help.  Oh well.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
Phasebird
Newbie
*
Offline Offline

Activity: 47
Merit: 0


View Profile WWW
March 11, 2015, 04:32:19 PM
 #25907


UPDATE: the following info is literally wrote from David.Fan  (Co founder of ASICMINER)


 STATEMENT FROM DAVID.FAN


Dear customers and clients,

The last few weeks have not been easy for the company. Friedcat went missing and this caused an interruption with the business. We are slowly recovering from the loss in company leadership.

First, the company is still operating, albeit at a reduced employee count. The physical location of our new office is currently confidential to guarantee an undisturbed office environment. Our sales contact is still the same. For all other requests please contact us through our general help line (email: help@bitquan.com).

With friedcat missing, the current management of the company is carried out by David Fan temporarily. We will keep you informed of any significant changes, as we are still developing a long term solution to the current situation. We understand that many people are concerned about friedcat and his safety. We ask to not spread any misleading rumors and not pursue speculation.

Due to unforeseen events , the computational that power AMHash managed by RockMiner has become unavailable. We are sorry for the resulting damage experienced by any third parties. We are doing everything in our power to mitigate the damage.


Yours truly,
ASICMINER Management
Jayjay04
Legendary
*
Offline Offline

Activity: 1379
Merit: 1000



View Profile
March 11, 2015, 04:43:25 PM
 #25908

They should just buy back all our shares as everything unfold.
The hardware wasn't our responsability, that's all !
I mean for Amhash !

                    ▄▄▄
                   █████
             ▄▄▄    ▀▀▀       ▄▄████╕
            █████          ▄▄███████▌
     ▄▄▄     ▀▀▀        ╓████████▀▀
    █████               ██████▀▀       ▄███▄
     ▀▀▀        ▄███▄    ▀▀▀           ▀███▀
                ▀███▀        ▄▄████╕
       ▁▄▄███▄           ▄▄████████▌
   ▁▄▆████████       ▄▄█████████▀▀       ▄███▄
 ▄█████████▀▔    ▄▄█████████▀▀           ▀███▀
▐██████▀▀▔   ,▄█████████▀▀        ▄▄▄
 ▔▀▀▀▔    ▄▄████████▀▀           █████
      ▄▄████████▀▀       ▄▄██▄    ▀▀▀
   ▄█████████▀       ▄▄███████▌       ▄▄▄
  ▐██████▀▀      ▄▄█████████▀▔       █████
   `▀▀▀      ▂▄█████████▀▀    ,▄▄µ    ▀▀▀
          ▂▆████████▀▀    ,▄██████▌
          ██████▀▀     ▄█████████▀
           ▔▀▀        ███████▀"
                      "▀▀▀╙
Hello!
STAKER
.The Next Proof-of-Stake.
KSmart Contract Tokene.














Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
March 11, 2015, 04:48:56 PM
 #25909

Well that was a pretty useless statement. It told us nothing we didn't already know. Also, what's the status of AM's funds and BE300?
Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
March 11, 2015, 04:50:49 PM
 #25910

Well that was a pretty useless statement. It told us nothing we didn't already know. Also, what's the status of AM's funds and BE300?


Per Canary:


update :

1. We have lost contact with Friedcat more than 40 days, we are now still focusing on finding him.
2. A lot of evidences we have found shows that he is safe, which is the only good news recently. In addition, all rumour around the community are baseless and untrustworthy. We know so far nothing about where has he been and where is he at the moment.
3. We have to focus on finding him currently so there are indeed some delay on replying email of sale@bitquan.com. However, since we have all records of your emails so it is only a problem of time, please understand and be patient.
4. AMHASH project is not from sale team of ASICMINER, we know nothing about the deal between Friedcat and ROCKMINER, no one else has seen the contract between them either ,therefore, we sale department of ASICMINER is not be in charge of AMHASH project, please be patient to wait till we find FC.

Is the new chip in production Phasebird?  Or what is the status of that project?

hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.

In terms of our hardware sale department,we have saved all emails and will try to re-build our bussiness team as quick as we can.

please wait the upcoming statement from the board of AM.
It is not ongoing.  The sample chips were ordered on a shared wafer last year.  However, production chips were NEVER ordered, so nothing is ongoing Phasebird.
Even if some board members finally decide to do their job, the first order of business is to get rid of Dave.  Then if they put together funds and order the chips, how many months before a working product can begin to ship? By that time it's irrelevant.  Whatever monies would be spent, would again be a complete waste.
It's over for AM.  Maybe something can be rebuilt with new real management and a proper sales team but it won't be AM anymore and would be a gamble bigger than AM.
Kipsy89
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Relax!


View Profile
March 11, 2015, 04:53:46 PM
 #25911

Well that was a pretty useless statement. It told us nothing we didn't already know. Also, what's the status of AM's funds and BE300?


Per Canary:


update :

1. We have lost contact with Friedcat more than 40 days, we are now still focusing on finding him.
2. A lot of evidences we have found shows that he is safe, which is the only good news recently. In addition, all rumour around the community are baseless and untrustworthy. We know so far nothing about where has he been and where is he at the moment.
3. We have to focus on finding him currently so there are indeed some delay on replying email of sale@bitquan.com. However, since we have all records of your emails so it is only a problem of time, please understand and be patient.
4. AMHASH project is not from sale team of ASICMINER, we know nothing about the deal between Friedcat and ROCKMINER, no one else has seen the contract between them either ,therefore, we sale department of ASICMINER is not be in charge of AMHASH project, please be patient to wait till we find FC.

Is the new chip in production Phasebird?  Or what is the status of that project?

hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.

In terms of our hardware sale department,we have saved all emails and will try to re-build our bussiness team as quick as we can.

please wait the upcoming statement from the board of AM.
It is not ongoing.  The sample chips were ordered on a shared wafer last year.  However, production chips were NEVER ordered, so nothing is ongoing Phasebird.
Even if some board members finally decide to do their job, the first order of business is to get rid of Dave.  Then if they put together funds and order the chips, how many months before a working product can begin to ship? By that time it's irrelevant.  Whatever monies would be spent, would again be a complete waste.
It's over for AM.  Maybe something can be rebuilt with new real management and a proper sales team but it won't be AM anymore and would be a gamble bigger than AM.

Canary telling phasebird(!!!) who is working for AM that the chips haven't been ordered. Canary used to be a pretty decent reseller, but is acting kind of strange lately.

Chris_Sabian
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
March 11, 2015, 04:57:57 PM
 #25912

Well that was a pretty useless statement. It told us nothing we didn't already know. Also, what's the status of AM's funds and BE300?


Per Canary:


update :

1. We have lost contact with Friedcat more than 40 days, we are now still focusing on finding him.
2. A lot of evidences we have found shows that he is safe, which is the only good news recently. In addition, all rumour around the community are baseless and untrustworthy. We know so far nothing about where has he been and where is he at the moment.
3. We have to focus on finding him currently so there are indeed some delay on replying email of sale@bitquan.com. However, since we have all records of your emails so it is only a problem of time, please understand and be patient.
4. AMHASH project is not from sale team of ASICMINER, we know nothing about the deal between Friedcat and ROCKMINER, no one else has seen the contract between them either ,therefore, we sale department of ASICMINER is not be in charge of AMHASH project, please be patient to wait till we find FC.

Is the new chip in production Phasebird?  Or what is the status of that project?

hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.

In terms of our hardware sale department,we have saved all emails and will try to re-build our bussiness team as quick as we can.

please wait the upcoming statement from the board of AM.
It is not ongoing.  The sample chips were ordered on a shared wafer last year.  However, production chips were NEVER ordered, so nothing is ongoing Phasebird.
Even if some board members finally decide to do their job, the first order of business is to get rid of Dave.  Then if they put together funds and order the chips, how many months before a working product can begin to ship? By that time it's irrelevant.  Whatever monies would be spent, would again be a complete waste.
It's over for AM.  Maybe something can be rebuilt with new real management and a proper sales team but it won't be AM anymore and would be a gamble bigger than AM.

Canary telling phasebird(!!!) who is working for AM that the chips haven't been ordered. Canary used to be a pretty decent reseller, but is acting kind of strange lately.


Canary was also working with FC / AM and RM as hardware / software integration.  Canary was working since alteast the summer of 2014, possibly much longer.
CanaryInTheMine
Donator
Legendary
*
Offline Offline

Activity: 2114
Merit: 1032


between a rock and a block!


View Profile
March 11, 2015, 05:14:59 PM
 #25913

Well with CITM throwing in the towel it seems this is most likely dead. It is a shame they could not have just shutdown in a more graceful manner. Goodnight, sweet price
I shared what I know, didn't throw in the towel at all.  My hope is to nudge fc out of his situation, hire a CEO and get rid of Dave and all other people who are not there to serve shareholders.
There was serious infighting between fc and Dave.  Fc is a young guy and people took advantage of him.  He is now the fall guy, a scapegoat.  
The company didn't adjust as it grew with getting good business managers.  Management didn't listen to good external business advise.

The board of directors FAILED the shareholders miserably.  The board should have acted properly in shareholders interests, but what do you expect from a board made up of investors who purchased the seat instead of really doing it's fiduciary duty to the shareholders?  Although a couple board members really tried.
This david guy would be the last person I would invest a penny with (this is my personal view only).  AM is bankrupt.  The question now is, will certain people steal the IP from you the shareholders, find an investor and produce the chip with hopes of making personal gains out of this situation.
CanaryInTheMine
Donator
Legendary
*
Offline Offline

Activity: 2114
Merit: 1032


between a rock and a block!


View Profile
March 11, 2015, 05:17:07 PM
 #25914

Well that was a pretty useless statement. It told us nothing we didn't already know. Also, what's the status of AM's funds and BE300?


Per Canary:


update :

1. We have lost contact with Friedcat more than 40 days, we are now still focusing on finding him.
2. A lot of evidences we have found shows that he is safe, which is the only good news recently. In addition, all rumour around the community are baseless and untrustworthy. We know so far nothing about where has he been and where is he at the moment.
3. We have to focus on finding him currently so there are indeed some delay on replying email of sale@bitquan.com. However, since we have all records of your emails so it is only a problem of time, please understand and be patient.
4. AMHASH project is not from sale team of ASICMINER, we know nothing about the deal between Friedcat and ROCKMINER, no one else has seen the contract between them either ,therefore, we sale department of ASICMINER is not be in charge of AMHASH project, please be patient to wait till we find FC.

Is the new chip in production Phasebird?  Or what is the status of that project?

hello, BE300 project is still on going with the rest of AM team as I know. however ,since AM lost FC, a lot of decisions are probabaly hard to make.

In terms of our hardware sale department,we have saved all emails and will try to re-build our bussiness team as quick as we can.

please wait the upcoming statement from the board of AM.
It is not ongoing.  The sample chips were ordered on a shared wafer last year.  However, production chips were NEVER ordered, so nothing is ongoing Phasebird.
Even if some board members finally decide to do their job, the first order of business is to get rid of Dave.  Then if they put together funds and order the chips, how many months before a working product can begin to ship? By that time it's irrelevant.  Whatever monies would be spent, would again be a complete waste.
It's over for AM.  Maybe something can be rebuilt with new real management and a proper sales team but it won't be AM anymore and would be a gamble bigger than AM.

Canary telling phasebird(!!!) who is working for AM that the chips haven't been ordered. Canary used to be a pretty decent reseller, but is acting kind of strange lately.
AM employees like Pb were pretty much kept in the dark, so phasebird did not know.  their teams were not communicating between each other.  I'm not acting, this situation is very real.
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000


View Profile
March 11, 2015, 05:18:06 PM
 #25915

The question now is will certain people steal the IP from you the shareholders, find an investor and produce the chip with hopes of making personal gains out of this situation.
Was that a rhetorical question? Tongue
Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
March 11, 2015, 05:19:22 PM
 #25916

Canary, are these statements based on inside knowledge or just the rumours and facts everyone else knows? Also, are you a board member?


CanaryInTheMine
Donator
Legendary
*
Offline Offline

Activity: 2114
Merit: 1032


between a rock and a block!


View Profile
March 11, 2015, 05:24:33 PM
 #25917

Canary, are these statements based on inside knowledge or just the rumours and facts everyone else knows? Also, are you a board member?



Yes. No.
Cablez
Legendary
*
Offline Offline

Activity: 1400
Merit: 1000


I owe my soul to the Bitcoin code...


View Profile
March 11, 2015, 05:25:50 PM
 #25918

The question now is will certain people steal the IP from you the shareholders, find an investor and produce the chip with hopes of making personal gains out of this situation.
Was that a rhetorical question? Tongue


Yeah, I think this is a given.  Hence all the panic.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
March 11, 2015, 05:26:44 PM
 #25919

Canary, are these statements based on inside knowledge or just the rumours and facts everyone else knows? Also, are you a board member?

Yes. No.

Canary, are these statements based on inside knowledge?
MidwestMiner
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
March 11, 2015, 05:32:31 PM
 #25920

Correct me if I'm wrong but doesn't AM still sit on a very respectable amount of BTC?
Pages: « 1 ... 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 [1296] 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 ... 1348 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!