ASICMINER: Entering the Future of ASIC Mining by Inventing It

[freedomno1]

First Avalon and then BTCGarden.
Relevant Sources
https://bitcointalk.org/index.php?topic=264696.msg2914929#msg2914929
http://www.avalon-asics.com/

I know its not the time to pose shareholder questions but I want to ask how is Friedcats security in China pertaining to threats and extortion.

Formats to a proper question
In regards to the recent extortion threats launched against Avalon and BTCgarden in China, what steps has Friedcat taken to protect the security of his team and operations in China.

[AMuppInTime]

First Avalon and then BTCGarden.
Relevant Sources
https://bitcointalk.org/index.php?topic=264696.msg2914929#msg2914929
http://www.avalon-asics.com/

I know its not the time to pose shareholder questions but I want to ask how is Friedcats security in China pertaining to threats and extortion.

Formats to a proper question
In regards to the recent extortion threats launched against Avalon and BTCgarden in China, what steps has Friedcat taken to protect the security of his team and operations in China.

+1

[runeks]

USB sticks sales have been more lucrative than blades in the past. Let's just hope for a regular good dividend!

Do you have a source for this? I'm not saying you're wrong, I just had the impression it was the other way around, so I'd really like to see some figures if they exist.

I remember the legendary blade auction that yielded $1M in 36 hours: http://thegenesisblock.com/the-worlds-first-1-million-bitcoin-mining-auction/

This is a ludicrous sentiment. Mining revenues are about $100M a year. AMD's yearly revenue, across all products, is only a little north of a billion. It would definitely be on their radar, since they could grab almost the whole market with little investment. By the way: companies don't ignore sectors just because they're only ~10% of their revenue. If that was true, GE and HP would never release new products. But we see them buying up little companies and launching products all the time.

However, the proposition is even BETTER for Intel, who, unlike AMD, already owns the fabs needed to crank out some chips and keep the cost of dominating mining extremely low (AMD has to contract out, so they've got an economy of scale issue that Intel doesn't).

The real reason that neither AMD or Intel has made a move is that they're both uncertain of the legality of Bitcoin mining, and the tax implications. Even $100M isn't worth taking a legal risk. That's all there is to it.

No. AMD's yearly revenue is around $5.4 billion: https://www.google.com/finance?q=NYSE%3AAMD&fstype=ii&ei=MI4IUtjNIuT5wAPxAg

Also, how do you estimate the mining market to be $100M annually? I mentioned the $1M USD auction above. I don't think that there has been sold for more than $50M this year, probably less. And if AMD were to enter they surely wouldn't get 100% market share, they'd be competing with other companies - for $50M in revenue.

So that means they'd be able to increase their revenue from $5,422M to - at most - $5,472M. A whopping 0.9%!

[TsuyokuNaritai]

First Avalon and then BTCGarden.
Relevant Sources
https://bitcointalk.org/index.php?topic=264696.msg2914929#msg2914929
http://www.avalon-asics.com/

I know its not the time to pose shareholder questions but I want to ask how is Friedcats security in China pertaining to threats and extortion.

Formats to a proper question
In regards to the recent extortion threats launched against Avalon and BTCgarden in China, what steps has Friedcat taken to protect the security of his team and operations in China.

+1

It's vital that serious security measures are in place, but for various reasons it would be a bad idea for Friedcat to make public exactly what they are.

[runeks]

Do you have a source for this?

friedcat's only(?) financial report: https://bitcointalk.org/index.php?topic=99497.msg2788821#msg2788821

Very interesting!

I guess it makes sense since the Blades were out of stock for a while. And it seems like the USB miners really were the perfect plug-and-play solution for many geeks.

[velacreations]

In regards to the recent extortion threats launched against Avalon and BTCgarden in China, what steps has Friedcat taken to protect the security of his team and operations in China.

FC has enough money to bribe his own govt people to make extortionists disappear.

[VolanicEruptor]

And really overpriced.
So the past may not predict the future.

eventually the blades will be the new USBs, especially once they hit the $200 value..
overpriced can be a good thing when you're on the selling side

[romerun]

sounds like there's a good amount of Mafia in China. I bet friedcat already has a few bodyguard surrounding him.

[Rival]

sounds like there's a good amount of Mafia in China. I bet friedcat already has a few bodyguard surrounding him.

Corruption follows money as day follows night. All organizations suffer from this, the ones that survive are those best able to produce in their particular environment. In the USA, you have to buy politicians and regulators. In China, you have to grease different palms. But grease money must always be paid, or you will suffer from the grease money paid by your competitors. It is how business has always been done, and always will be done. To believe otherwise is to have have the luxury of never having been in business.

[Boelens]

Hey! There's a contest where you could predict the price of the next dividend payout, but when is the next dividend payout? The contest just ended.

[velacreations]

Hey! There's a contest where you could predict the price of the next dividend payout, but when is the next dividend payout? The contest just ended.

Next div is on Weds.  Where is this contest?

[JimiQ84]

Hey! There's a contest where you could predict the price of the next dividend payout, but when is the next dividend payout? The contest just ended.

Next div is on Weds.  Where is this contest?

asicminer.info forum

[lophie]

Hey! There's a contest where you could predict the price of the next dividend payout, but when is the next dividend payout? The contest just ended.

Well the dividend "price" is 0, But the "amount" is predicted to be about 0.0385BTC per share.

Furthermore, people here are not interested in contests without BTC prizes 

[velacreations]

Hey! There's a contest where you could predict the price of the next dividend payout, but when is the next dividend payout? The contest just ended.

Well the dividend "price" is 0, But the "amount" is predicted to be about 0.0385BTC per share.

Furthermore, people here are not interested in contests without BTC prizes 

Is that just your prediction or does it come from wallet addresses/etc?

[keeron]

http://asicminercharts.com/live/ shows the dividend prediction of about 0.01286 based on the hashing. I am predicting about 5000 BTC worth of sales (probably more, but I am just going by the 3 major group buy wallets here). That's another 0.0125, so ~0.025 at the least dividend this week

Now lets get those blade sales going people! Ignore the rising difficulty ;-)

[Aedius]

If I wanted to move some direct shares to an exchange (BTCT for example), how would I go about doing this?

Friedcat is a busy guy, hoping to not have to PM him.

[AMuppInTime]

If I wanted to move some direct shares to an exchange (BTCT for example), how would I go about doing this?

Friedcat is a busy guy, hoping to not have to PM him.

There are instructions on how to do that on the exchanges websites, try to do your research (ex: https://btct.co/security/ASICMINER-PT - click on "Details" Tab, look under "executive summary")

[SebastianJu]

So the shareprice is back for the moment, probably because the div-time is coming, but im still interested if these IPO's have potential. Surely you looked into them. Is there any IPO that is creating the chips themself and not buying them from another party that invented them? I think if a salesman of that kind is involved they have not much chance to beat friedcat. But if they built them themself there might be a chance.

[Elokane]

Check out Activemining.

[Rival]

BTC price up, AM down. Surprised no one else has been watching the correlations. They swing inversely pretty tightl.