ASICMINER: Entering the Future of ASIC Mining by Inventing It

[RoadStress]

Gen3 had a chance. Wasn't expecting FC to disappear. 
self-mining? DataTank immersion cooling? 60p of chips (40% of the network @ the time) just sitting on shelves? What the heck happened to those 60p?
dividends a distant dream?

It was the moon or zero. Zero it is. So sad.

DataTank was acquired by BitFury.

I really think that the 60PH of chips just sit on the shelves for a long period of time. Yes I know that there are no proofs, it's just my imagination.

[lightfoot]

DataTank was acquired by BitFury.

I really think that the 60PH of chips just sit on the shelves for a long period of time. Yes I know that there are no proofs, it's just my imagination.

You need more than chips to make a miner. Power is the killer; designing .6 volt or less supplies at 1,000+ amps is a bitch on wheels. BE got around this by doing a lot of small chips with a lot of little power supplies, but as they cranked the density up this could have caught up with them.

Serious bitch on wheels. Moreso if you have to have 50-100 of them on a board to support 50+ hashing chips. Fail one shorted and unit shuts down with a flaming boom.

[gogxmagog]

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

[elasticband]

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

[gogxmagog]

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

[hdbuck]

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.

[Chris_Sabian]

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.

Exactly.

AM has the design of a new chip but no funding to make it.  They don't have access to mine.  Their current chips at ~0.8 W / Gh are marginal at the current difficulty / market price.

[pedrog]

There was a bit of movement at Havelock, are there any news?

[Fordee]

There was a bit of movement at Havelock, are there any news?

Dead cat bounce?   Lol. .  Probably, but we'll have to wait a week for an official translation or something, (as usual)..

[gogxmagog]

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.

Exactly.

AM has the design of a new chip but no funding to make it.  They don't have access to mine.  Their current chips at ~0.8 W / Gh are marginal at the current difficulty / market price.

just sayin'
that's the way the cards have landed.
just a little info but,
it's more than any of the principals have offered us...
fuck i've lost a lot of BTC, and wasted a lot of hours hanging around in this sub.
they should just move the whole section into the scam sub and be done with it.
there is nothing to gain in this sphere
the only decent companies secure private funding.
us little fish don't get to play ball.

[hdbuck]

So I have been looking over the few reports on this debacle and from what I can glean from many poorly translated missives is that David Fan is determined to try and salvage AM. FC most likely walked because he had had enough "internal bullshit" and isn't coming back.
Are we ever going to hear from the operators of AM re; game plan for future? Times a wasting. Some would say times well past due

I really don't expect much to come of it, maybe a final disbursement of the remaining AM assets to shareholders (wishful thinking) possibly they can get some other flaky computer nerd to take the IP for gen  3 and do something. At this point I would merely like some straight talk as to wtf is going on

any links to what you were reading?

canary in the mine said; https://bitcointalk.org/index.php?topic=99497.msg10607230#msg10607230

statement of david fan promising AM will try to move foreward despite losing FC  http://www.cybtc.org/article-75-1.html

note- canary in the mine has proven to be reliable in the past (i'm not sure but i think he is on the AM board) yet his statement seems to be conjecture.
david fan is the co-founder of AM, and without FC is the CEO now.

CEO of nothing is no CEO at all.

Exactly.

AM has the design of a new chip but no funding to make it.  They don't have access to mine.  Their current chips at ~0.8 W / Gh are marginal at the current difficulty / market price.

just sayin'
that's the way the cards have landed.
just a little info but,
it's more than any of the principals have offered us...
fuck i've lost a lot of BTC, and wasted a lot of hours hanging around in this sub.
they should just move the whole section into the scam sub and be done with it.
there is nothing to gain in this sphere
the only decent companies secure private funding.
us little fish don't get to play ball.

sad but true.

just buy BTC dude.
even the VC dont get it, but they'll get burn eventually too

[sporket]

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

[hdbuck]

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

+2 ^^

[Bonam]

+3

[jdany]

+4

[Blazed]

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

+1000 Finally a good idea for dealing with these scams securities.

[ensurance982]

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

Well at this point it really looks like there's no honest or at least profitable stock left... I guess AM was the only reliable player left, but with them going down (mostly due to bad luck) in 2014, I guess there isn't anything worth investing in left. A shame, but yeah... +1 ?

[Chris_Sabian]

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

Well at this point it really looks like there's no honest or at least profitable stock left... I guess AM was the only reliable player left, but with them going down (mostly due to bad luck) in 2014, I guess there isn't anything worth investing in left. A shame, but yeah... +1 ?

+1

Not really a stock but the Bitcoin Difficulty Derivative appears to be honest.  Although they are almost at the end-game.

[pedrog]

...
they should just move the whole section into the scam sub and be done with it.
...

+1 for merging Securities & Scam Accusations.

Well at this point it really looks like there's no honest or at least profitable stock left... I guess AM was the only reliable player left, but with them going down (mostly due to bad luck) in 2014, I guess there isn't anything worth investing in left. A shame, but yeah... +1 ?

+1

Not really a stock but the Bitcoin Difficulty Derivative appears to be honest.  Although they are almost at the end-game.

Also Cryptsy.

But you're right, we can count honest bitcoin securities with the fingers of one hand.

[EternalWingsofGod]

Nothing but crickets left in here
Looks like all has been said for now, seeing three days of silence
RIP Asicminer