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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918339 times)
TheSwede75
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April 19, 2013, 05:10:51 PM
 #3481

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.

I think a nice 'incentive' that could also help bring attention to investing in ASICMINER would be to offer the USB stick miners to share holders only (if possible) or offer a hefty 'early bird' discount to share holders.

My 2 Satoshi
lduck
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April 19, 2013, 05:15:35 PM
 #3482

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.
are the problems with network an power fixed?
how many TH/s can be plugged in all locations?
how many TH/s are in that assembled blades?
how many will be sold?

to know at least some of these numbers would be great. I know that we are waiting for the second batch, but could not find if second batch is 6TH/s or 50TH/s (or some other number?)
Mausini
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April 19, 2013, 05:25:43 PM
 #3483

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.

I think a nice 'incentive' that could also help bring attention to investing in ASICMINER would be to offer the USB stick miners to share holders only (if possible) or offer a hefty 'early bird' discount to share holders.

My 2 Satoshi

"'incentive' that could also help bring attention to investing in ASICMINER" is certainly not friedcat's concern. why? because bitfountain is not selling any shares and wont be for the foreseeable future.

Anyway, there should be NO special treatment of shareholders. There is no overall profit maximizing effect in favoring shareholders. If you want to buy, buy like everyone else.
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April 19, 2013, 05:29:33 PM
 #3484

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.

I think a nice 'incentive' that could also help bring attention to investing in ASICMINER would be to offer the USB stick miners to share holders only (if possible) or offer a hefty 'early bird' discount to share holders.

My 2 Satoshi

That wont make sense because it would only lead to a shorttime spike in the shareprice. And its not needed anymore to get buyers for the shares because IPO is done. So if someone only could get one miner as a shareholder he would buy shares and sell it later. Nothing to win with this.
And, even though im a shareholder, i wont like special treatment to shareholders either.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
Mausini
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April 19, 2013, 05:36:50 PM
 #3485

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.

I think a nice 'incentive' that could also help bring attention to investing in ASICMINER would be to offer the USB stick miners to share holders only (if possible) or offer a hefty 'early bird' discount to share holders.

My 2 Satoshi

That wont make sense because it would only lead to a shorttime spike in the shareprice. And its not needed anymore to get buyers for the shares because IPO is done. So if someone only could get one miner as a shareholder he would buy shares and sell it later. Nothing to win with this.
And, even though im a shareholder, i wont like special treatment to shareholders either.

Double post. I guess we can make a wish  Grin
JimiQ84
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April 19, 2013, 05:42:42 PM
 #3486

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.
are the problems with network an power fixed?
how many TH/s can be plugged in all locations?
how many TH/s are in that assembled blades?
how many will be sold?

to know at least some of these numbers would be great. I know that we are waiting for the second batch, but could not find if second batch is 6TH/s or 50TH/s (or some other number?)

First batch was 12TH/s (7 already deployed) and second was 50TH/s. Third (already paid for) is 200 TH/s, fourth (planned?) is 1000 TH/s.
wtfvanity
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April 19, 2013, 05:43:57 PM
 #3487



Nobody has posted one of these pics in a while and stock prices dipped.

Here you go, going back up right now. lol

          WTF!     Don't Click Here              
          .      .            .            .        .            .            .          .        .     .               .            .             .            .            .           .            .     .               .         .              .           .            .            .            .     .      .     .    .     .          .            .          .            .            .           .              .     .            .            .           .            .               .         .            .     .            .            .             .            .              .            .            .      .            .            .            .            .            .            .             .          .
SmiGueL
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April 19, 2013, 06:49:22 PM
Last edit: April 19, 2013, 07:01:42 PM by SmiGueL
 #3488

Just 2 hours before the first auction ends:

Timer removed. End time: 2013-04-19+16:02:08

Click on the timer or link and get (one of) the first sold ASICMINER Block Erupter blades Smiley

Asicminer Hashrate Charts @ www.asicminercharts.com

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TheSwede75
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April 19, 2013, 06:56:14 PM
 #3489

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.

I think a nice 'incentive' that could also help bring attention to investing in ASICMINER would be to offer the USB stick miners to share holders only (if possible) or offer a hefty 'early bird' discount to share holders.

My 2 Satoshi

"'incentive' that could also help bring attention to investing in ASICMINER" is certainly not friedcat's concern. why? because bitfountain is not selling any shares and wont be for the foreseeable future.

Anyway, there should be NO special treatment of shareholders. There is no overall profit maximizing effect in favoring shareholders. If you want to buy, buy like everyone else.

May be the dumbest comment I have seen in a while. There is no incentive to treat your share holders well? Oh, well I guess every company in the world has it wrong then. My bad!
JimiQ84
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April 19, 2013, 07:00:18 PM
 #3490


May be the dumbest comment I have seen in a while. There is no incentive to treat your share holders well? Oh, well I guess every company in the world has it wrong then. My bad!

So Apple shareholders have discount on iPad and Microsoft shareholders have discount on Surface. That's what you are saying?
237
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April 19, 2013, 07:42:14 PM
 #3491


May be the dumbest comment I have seen in a while. There is no incentive to treat your share holders well? Oh, well I guess every company in the world has it wrong then. My bad!

So Apple shareholders have discount on iPad and Microsoft shareholders have discount on Surface. That's what you are saying?

It's the "give me everything for free" attitude of this generation.

Didn't you get your free 737 when you bought a share from Boing? Too bad Sad

Donatioins always welcome Wink
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Jutarul
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April 19, 2013, 07:44:56 PM
 #3492


May be the dumbest comment I have seen in a while. There is no incentive to treat your share holders well? Oh, well I guess every company in the world has it wrong then. My bad!

So Apple shareholders have discount on iPad and Microsoft shareholders have discount on Surface. That's what you are saying?
Special treatment is usually reserved for employees or business partners, as they make up the core of the operating business.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
kokojie
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April 19, 2013, 09:03:58 PM
 #3493

Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.

I think a nice 'incentive' that could also help bring attention to investing in ASICMINER would be to offer the USB stick miners to share holders only (if possible) or offer a hefty 'early bird' discount to share holders.

My 2 Satoshi

"'incentive' that could also help bring attention to investing in ASICMINER" is certainly not friedcat's concern. why? because bitfountain is not selling any shares and wont be for the foreseeable future.

Anyway, there should be NO special treatment of shareholders. There is no overall profit maximizing effect in favoring shareholders. If you want to buy, buy like everyone else.

May be the dumbest comment I have seen in a while. There is no incentive to treat your share holders well? Oh, well I guess every company in the world has it wrong then. My bad!

What company give their shareholder special discount on their products? I've only heard of companies sending coupons with annual reports to shareholders, but these coupons are available elsewhere, not exclusively to shareholders.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
Xendrios
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April 19, 2013, 10:33:01 PM
 #3494

special discounts for shareholders would cut into the profit and thus shareholders dividend. So those shareholders not buying anything would be left with less dividend, paying for the discount of the shareholders using the discount. So no, I don't think it would be a wise thing to offer discounts to shareholders. Also, with 400k total shares basically all of bitcoinland could own one...

Sell or buy items at bitcoin247sales.com - flatrate fees - cheapest around!
Post feedback at https://bitcointalk.org/index.php?topic=328169.0
radiumsoup
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April 20, 2013, 01:48:58 AM
 #3495

"'incentive' that could also help bring attention to investing in ASICMINER" is certainly not friedcat's concern. why? because bitfountain is not selling any shares and wont be for the foreseeable future.

Anyway, there should be NO special treatment of shareholders. There is no overall profit maximizing effect in favoring shareholders. If you want to buy, buy like everyone else.

you beat me to it - no new investors are being courted, and original investors are already made whole. Best thing for everyone involved is to find the best balance between mining and hardware sales, and treat existing shareholders as nothing but the target for dividends that they are. (Personally, I think it would be best to mine as much as possible with this hardware while developing the next gen, and then start selling the current hardware right as nextgen is rolled out for our own mining process... basically, mine with cutting edge while selling the stuff we just finished mining with. Of course, I don't have enough info to do the actual math to see if that's really the best way to go, but that's my perspective from way over here)

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TheSwede75
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April 20, 2013, 04:15:02 AM
 #3496


May be the dumbest comment I have seen in a while. There is no incentive to treat your share holders well? Oh, well I guess every company in the world has it wrong then. My bad!

So Apple shareholders have discount on iPad and Microsoft shareholders have discount on Surface. That's what you are saying?

I am fairly certain that if you own 1% of apple, you can expect your iPad order to be filled fairly quickly yes.
furuknap
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April 20, 2013, 04:17:48 AM
 #3497

I am fairly certain that if you own 1% of apple, you can expect your iPad order to be filled fairly quickly yes.

I'm fairly certain that if you own 1% of Apple, you already have an iPad.

.b

TheSwede75
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April 20, 2013, 04:20:28 AM
 #3498

special discounts for shareholders would cut into the profit and thus shareholders dividend. So those shareholders not buying anything would be left with less dividend, paying for the discount of the shareholders using the discount. So no, I don't think it would be a wise thing to offer discounts to shareholders. Also, with 400k total shares basically all of bitcoinland could own one...

Of course I am not saying that ASICMINER should offer some kind of massive, margin eating discount. Also: It's not like any of the ASIC products are established products or even 'iPod plug and play'. We are talking about a product with a so far relatively small circle of people with the competence and interest in using it.

Of course, I want to see ASICMINER succeed, but I still like the idea of them 'testing out' their product using their share holders as a 'early adopter' base. I think it would be more then fair to assume that the people that frequent this forum, trade in BTC Stock and mine already are pretty much the best 'spokespeople' that ASICMINER could ask for when (hopefully) gearing up for mass production of BTC mining equipment.

I also don't see the 'harm' in 'rewarding' people who have already given them a vote of confidence by investing in them with a chance to try out a product before it hits 'market'.
arklan
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April 20, 2013, 05:58:14 AM
 #3499

now, here's a question for ya. 300 mhash usb miner, or 1 share of AM? obviously over time the miner would barely bring in anything, while the share would grow. but right now, the miner would bring in significantly more per week.

thoughts? (just a "hmm. i wonder..." not an actual decision i'm looking at.)

i don't post much, but this space for rent.
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April 20, 2013, 09:38:25 AM
 #3500

How do you get actual shares though? Some posts in last few pages seem to suggest that neither of the exchanges that have them have the real shares, just some kind of passthrough stuff?

-MarkM-

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