ASICMINER: Entering the Future of ASIC Mining by Inventing It

[ThickAsThieves]

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

Mine are in there, as I mentioned earlier. I expect that all of Burnside's and DeadTerra's are in there as well.

There are only two likely answers:

1. There is a pool of shareholders that are paid from a 2nd address.
2. Bitfountain/AM have bought back shares.

If #2 is true, this changes the whole outlook for the current market price, meaning that most of the public shares are already in circulation on the passthroughs, and that there are very few "direct" shares left to buy. If this is true, it would be great for price stability, and possibly lead to an increase in value for all shares.

This is something I would love to hear Friedcat chime in on.

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

Discuss!

[puck2]

Everyone, please stop dominating your discussion and, more importantly, your thinking in USD. Thus is a Bitcoin operating operating in China that is minting bitcoins by mining and selling hardware globally.

[ThickAsThieves]

Everyone, please stop dominating your discussion and, more importantly, your thinking in USD. Thus is a Bitcoin operating operating in China that is minting bitcoins by mining and selling hardware globally.

Random interjection is random.

[gog1]

If #2 is true, it may make prices and trading more transparent as most trading will be done via public exchanges, but does nothing to increase the earning power / share.  After all, shares are not being cancelled, still a pie with 400000 slices.  However, it does represent management's outlook of the business.

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

Mine are in there, as I mentioned earlier. I expect that all of Burnside's and DeadTerra's are in there as well.

There are only two likely answers:

1. There is a pool of shareholders that are paid from a 2nd address.
2. Bitfountain/AM have bought back shares.

If #2 is true, this changes the whole outlook for the current market price, meaning that most of the public shares are already in circulation on the passthroughs, and that there are very few "direct" shares left to buy. If this is true, it would be great for price stability, and possibly lead to an increase in value for all shares.

This is something I would love to hear Friedcat chime in on.

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

Discuss!

[binaryFate]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

[ThickAsThieves]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

[binaryFate]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

Can you find out which one so we can correct this study?

[ThickAsThieves]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

Can you find out which one so we can correct this study?

I believe the other payout address(es) are private intentionally, to protect very large shareholders.

[binaryFate]

If #2 is true, can the price increase be more "artificial" that what we think? If AM is steadily buying backs shares, it pushes price up but without reflecting actual demand for it.

I have confirmation that there is more than one payout address.

Can you find out which one so we can correct this study?

I believe the other payout address(es) are private intentionally, to protect very large shareholders.

Larger than 12,000 shares? Wow 
I don't have time now but digging a bit I'm sure we could find them. Just following "AM coins" starting when they are mined from transaction to transaction. Nothing is private, thanks BTC 

[MikkisJ]

Bitfunder has over PT 18,000 shares, and my understanding is that all dividends are paid in one transfer, but you don't have that payment in your list. Or am I wrong?

[Lohoris]

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

• "Which is ASICMINER's bus factor?"

[bitfair]

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

• "Which is ASICMINER's bus factor?"

His post history indicates the answer is: 3.

[nexus 6]

At least missing the 21516 that BTC Trading Co claims they have. That's a good place to start.

Not to mention all the TAT shares they have.

Mine are in there, as I mentioned earlier. I expect that all of Burnside's and DeadTerra's are in there as well.

There are only two likely answers:

1. There is a pool of shareholders that are paid from a 2nd address.
2. Bitfountain/AM have bought back shares.

If #2 is true, this changes the whole outlook for the current market price, meaning that most of the public shares are already in circulation on the passthroughs, and that there are very few "direct" shares left to buy. If this is true, it would be great for price stability, and possibly lead to an increase in value for all shares.

This is something I would love to hear Friedcat chime in on.

On that note, I think someone should compile a list of FAQ from shareholders that have gone unanswered. This list should be have no more than 3 questions at a time, and be posted in some kind of clear, concise way here, and in a pm to Friedcat. We should not waste his time with bullshit requests, but real relevant questions would be nice.

Discuss!

Hi,

I think this is a great idea, since provides some organization and improves comunication between shareholders and Friedcat.

If somebody compiles it, i would like to add a question:

Q- ¿Had Friedcat considered to start an advertising campaign here in the forum?

I remember BFL campaign.  These guys may dont be great making chips, but they are good at marketing.  Every single person was noticed all the time, about that BFL ASICS.

I have read many shareholders focusing on ASICMINER website development. It could be fine, but i mean that a single advertising campaingn could works quite well improving sales and revenues.

Also, as a shareholder, i would like to include some ASICMINER advertise in my signature space.

[ianp]

Hi,

I think this is a great idea, since provides some organization and improves comunication between shareholders and Friedcat.

If somebody compiles it, i would like to add a question:

Q- ¿Had Friedcat considered to start an advertising campaign here in the forum?

I remember BFL campaign.  These guys may dont be great making chips, but they are good at marketing.  Every single person was noticed all the time, about that BFL ASICS.

I have read many shareholders focusing on ASICMINER website development. It could be fine, but i mean that a single advertising campaingn could works quite well improving sales and revenues.

Also, as a shareholder, i would like to include some ASICMINER advertise in my signature space.

Just curious, what benefit would a marketing campaign provide to shareholders? I speculate that there is no shortage of people willing to buy ASICMINER hardware (at this point, at least.)

[nexus 6]

Just curious, what benefit would a marketing campaign provide to shareholders?

Well, a marketing campaign intending to sell more blades and sticks = more sales = more dividends.  I think the amount of btc earned by mining cant increase much more, but focusing on selling hardware may be more simple and profitable.

[TiuraZ]

Is YOUR dividend address listed?

My address is not on the list, and I can't be called a big shareholder with 20 direct shares

[Jere.Jones]

• "Which is ASICMINER's bus factor?"

His post history indicates the answer is: 3.

I've looked over friedcat's history and didn't see anything that indicated that.  Do you have any specific posts that provided that information?

[wtfvanity]

Just curious, what benefit would a marketing campaign provide to shareholders? I speculate that there is no shortage of people willing to buy ASICMINER hardware (at this point, at least.)

I think the only thing that a marketing campaign could do, we also include having a store front, where people could buy machines with say, credit cards. I guarantee that if credit cards were accepted, there would be a great deal more ASIC's sold by AM. Purchasing in BTC is a limiting factor for some. But with that of course, comes risk. But still, there is enough word of mouth, that paying for ads still may not benefit because they would probably sell as fast as they could make them at that point.

[ianp]

Just curious, what benefit would a marketing campaign provide to shareholders? I speculate that there is no shortage of people willing to buy ASICMINER hardware (at this point, at least.)

I think the only thing that a marketing campaign could do, we also include having a store front, where people could buy machines with say, credit cards. I guarantee that if credit cards were accepted, there would be a great deal more ASIC's sold by AM. Purchasing in BTC is a limiting factor for some. But with that of course, comes risk. But still, there is enough word of mouth, that paying for ads still may not benefit because they would probably sell as fast as they could make them at that point.

I agree that a way to convert fiat into mining hardware would be beneficial.

However, ASICMINER would have to then convert fiat to BTC to pay dividends. It feels clunky.

Not saying it's a bad idea, it's just a bit logistically challenging.

Ian

[ThickAsThieves]

Hi,

I think this is a great idea, since provides some organization and improves comunication between shareholders and Friedcat.

If somebody compiles it, i would like to add a question:

Q- ¿Had Friedcat considered to start an advertising campaign here in the forum?

I remember BFL campaign.  These guys may dont be great making chips, but they are good at marketing.  Every single person was noticed all the time, about that BFL ASICS.

I have read many shareholders focusing on ASICMINER website development. It could be fine, but i mean that a single advertising campaingn could works quite well improving sales and revenues.

Also, as a shareholder, i would like to include some ASICMINER advertise in my signature space.

Just curious, what benefit would a marketing campaign provide to shareholders? I speculate that there is no shortage of people willing to buy ASICMINER hardware (at this point, at least.)

What is it with bitcoiners not seeing the value in professional communications & marketing? Other than better math skills, this is probably the most deficient aspect of bitcoin business.