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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918301 times)
dhenson
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May 31, 2013, 04:42:27 PM
 #6201

very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??
michaelGedi
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May 31, 2013, 05:10:18 PM
 #6202

If ever Friedcat was reading until now, he probably stoped for ever after this  Cheesy


some things are best kept to ones self... Smiley

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michaelGedi
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May 31, 2013, 05:15:04 PM
 #6203

very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??


sounds like a good plan. I would contribute a small amount in the region of 0.x BTC, I don't hold many shares... but I think this idea sounds brilliant. I also think friedcat should comment on it and there should be some kind of vote, unless voting with your BTC is enough.


4) a picture of a hot girl (maybe with red hair)... something that can compete with gox lady with glasses, and this blurry german blondie...

https://twitter.com/Bitcoin24com/status/339859782972354561/photo/1

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GIANNAT
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May 31, 2013, 05:21:57 PM
 #6204

3 in a row, we could even get to 6 with some luck  Wink

Eric Muyser
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May 31, 2013, 05:36:30 PM
 #6205

very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??

Agree! I would do this to be a part of spread the AM love and work with AM, but I'm sooooo swamped. Like, get it done or bad things happen swamped. Otherwise I'd be coding a prototype now. Someone go do it!

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
ThickAsThieves
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May 31, 2013, 05:43:21 PM
 #6206

very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??

Agree! I would do this to be a part of spread the AM love and work with AM, but I'm sooooo swamped. Like, get it done or bad things happen swamped. Otherwise I'd be coding a prototype now. Someone go do it!

There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.
conv3rsion
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May 31, 2013, 05:52:54 PM
 #6207



There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.

AM needs a website and streamlined ordering.

There are people in the blade sales thread saying they haven't received responses for days.

Friedcat also appears to be handling all of the share transfers himself.

There are people here who want to help, hopefully Friedcat will take them up on their offers.
jmutch
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May 31, 2013, 05:54:00 PM
 #6208

hmmmm well i think this may have been implimented if they wanted to do it. But it is a good idea.

If Friedcat is just one person....shit
CanadianGuy
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May 31, 2013, 05:56:12 PM
 #6209

very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??

Agree! I would do this to be a part of spread the AM love and work with AM, but I'm sooooo swamped. Like, get it done or bad things happen swamped. Otherwise I'd be coding a prototype now. Someone go do it!

There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.

LOL you're right, but I laugh when I read this all because I felt the same "obligation" a couple weeks ago to offer donations to AM just to help give things a boost.  I think some of us share some kind of psychological obsession with friedcats operation ... some kind of sick and twisted hardcore loyalty that I've never seen before.  Friedcat could literally create an army, as some of them would probably take a bullet for him.   Cheesy  I've never seen anything like it before LOL
wtfvanity
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May 31, 2013, 06:05:52 PM
 #6210

There are people here who want to help, hopefully Friedcat will take them up on their offers.

I trust friedcat. Let the employees set up hard and that fun stuff. For the things that matter, friedcat is a rockstar. I'm not so sure I trust the back up dancers with anything more than doing the backup.

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michaelGedi
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May 31, 2013, 06:18:11 PM
 #6211


taking bullets, rockstars... yeah I'm not sure about this. He's just a guy...

anyways, I would probably only put in some of my own BTC into a website investment, not a donation as such. Unless friedcat states explicitly that he is considering such an operation, well, I can imagine him working away doing his thing and forgetting to think about a store front as he focuses on other important tasks that seem to be lucrative enough on their own... ... that's just my imagination but considering the scale of many BTC operations and the way in which a small staff have let them down I wouldn't discount it.

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Mausini
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May 31, 2013, 06:28:07 PM
 #6212

In fact, a website for sales would be awesome - however, just if AM can even handle more orders than they are handling already.

I like the spirit, but please dont build some community funded websites or whatever. It's going to be a mess. Friedcat knows what he's doing and he will certainly reevaluate the website situation when appropriate.
Eric Muyser
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May 31, 2013, 06:28:16 PM
 #6213


There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.

Money doesn't solve everything. That's not always the way things work. Passion and taking action, seeing something tangible, often lead somewhere. Being bought out, absorbed, hired, this stuff happens to the smallest from the biggest.

In any case, I think there's plenty of time for friedcat to work out the website either way.

@EricMuyser | EricMuyser.com | OTC - "Defeat is a state of mind; no one is ever defeated until defeat has been accepted as a reality" - Bruce Lee
dan9575
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May 31, 2013, 06:56:21 PM
 #6214

Considering ASICMINER is a multi-million dollar company, I do think its time to make an official site for ASICMINER. I understand they have a lot on their hands and doing a great job with their timetable but with the amount of money they have, would it really cost that much to create and maintain an official site? In my opinion this thread is way too cluttered.
tinus42
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May 31, 2013, 07:53:03 PM
 #6215

Considering ASICMINER is a multi-million dollar company, I do think its time to make an official site for ASICMINER. I understand they have a lot on their hands and doing a great job with their timetable but with the amount of money they have, would it really cost that much to create and maintain an official site? In my opinion this thread is way too cluttered.

I agree, when even the smallest newsstand worth $5000 has a website why doesn't ASICMINER, the hottest property in Bitcoin ATM?  Huh

At least open a Facebook page, that costs nothing.

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wo0x
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May 31, 2013, 08:01:30 PM
 #6216

For me it is an amazing experience to become part in such a valued company that has even no website but just has grown by community support (and of course that glorious rockstar friedcat - no envy please).

but as I just finished the phase of being read-only, bought some shares now--I must admit, that we, the shareholders, have a large potential to rock it even more ...

when I see asicminer from a business view, it might be reflected by the group, my company is part of. There is the big rockstar, the big boss of the group, who had the vision, who kept the stones rolling all the time, and around him are distributors all around the world, having all a sales, a marketing and an it/support team. production and development is done in the corporate headquarters--and in case good inventions are brought along from the distris, they are worked into the production cycle as well.

to keep the pile in an organizable manner, there are divisions of world regions, like EMEA, NORAM, APAC.

headquarters talk to the divisions, the divisions organize their regions/countries with the distributors / subsidiaries.

----

the thingy is, we are all on our own. but it is not only a thing of first come first serve. I bet, if someone takes the heart, hands and brain to build anything properly, what might be:

  • an application, that provides transition of shares by entering the private key (-hash)
  • a website with I18N support, providing a information, a service desk and easy webshop integration for the distries (according to the actual L10n of the visitor)
  • a good example of repackaging big bulk packages into nice consumerfriendly retail boxes, I mean just: be a distri

And whatever will be presented in the round, might be discussed, praised and/or copied somewhere else in the world.

(I know , that quite the same list was written some posts ago, but I wanted to put in my own words. So I praised and copied that list in some way  Cool )

----

Additionally I want to point out, that AM is the biggest ASIC producer worldwide advocate for bitcoin worldwide, because of the hashing power, but even more because of the front edge of development and producing (and delivering Wink ) ASICs and ASICproducts designed for even make the hashing network grow. That's responsibilty - no toy. Who can't be more interested in growing and commercializing that currency ...

... not friedcat at the moment, he is heavily occupied by rewriting share ownership, sending dividends and managing research and development and production of chips and products. (In fact I am quite curious to know about helping hands and partnerships he already meshed up to keep the wheel turning.)

----

fortunatly, when there is a big mass of shareholders, there will be only few, that have the time, vision and energy to successfully complete such a project. it is up to us, that those people meet each other here in that thread (or at least in the forum) ... ... ...  but stop, I have written a big pile of pimple at the moment while I dislike listening monologues of other a bit as well. In case of bothering, please just see this post as an enthusiastic "hello asicminer world, i am happy to join in".
ThickAsThieves
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May 31, 2013, 08:14:40 PM
 #6217

Like every 4 days, this thread focused on something that MUST happen with ASICMINER. What's next?
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May 31, 2013, 08:15:21 PM
 #6218

At least open a Facebook page, that costs nothing.

It still costs time, which is not trivial.

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May 31, 2013, 08:17:09 PM
 #6219

Why do you say hardware sales is a short-term opportunity?

I would say it's the other way around. Income from mining will not go much above what it is currently, because of the 51% issue. Income from selling mining hardware is still far from saturated. People are bidding up USB miners to +$400 on eBay! The demand is huge and I think it would be a lot more profitable for shareholders if ASICMiner were to focus more on hardware sales now when there is such a large demand to satisfy.

The simple explanation is that AM is far behind in technology with their current models. 130nm is comparable to a Pentium III and when the competitors are researching i7 chips, it's only a matter of time before you can't give away the blades that AM currently produces.

To catch up, AM needs to design a new chip and we have no information about the current status of that, whether it's already financed, or what timeframe we're looking at.

We know one thing and that is that friedcat recently announced that they have decided to go with 65nm on the second generation chip. That tells at least me that they have some ways to go, and Bitbury for one is just days away from having a working 65nm chip. At that point, Bitfury will be filling that urgent need for ASICs and AM will have to play catchup either by lowering prices or skipping a generationand going straight for something like 28nm to remain competitive.

So yes, AM should sell everything including the kitchen sink while they still can. Two months from now, Bitfury may be pumping 65nm ASICs into the market (they contractually delivers in October but states it will be delivered in August). At that point, those existing blades will be worth less than their packaging material because anyone can jump across the street at get far superior performance at a tentatively much lower price (120GH/s for just north of $2K anyone?).

.b

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May 31, 2013, 08:30:04 PM
 #6220


 (120GH/s for just north of $2K anyone?).

.b

Impressive numbers; at 600gh/s for 10k they will be a tad more than HALF as cost effective as ASICminer and their 1,000gh/s for 10k costs
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