ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Panterino]

The update from Friedcat is great. It shows we will be relevant in the future, nothing could be better for the stock.

[1713524667]

1713524667

[VeeMiner]

The update from Friedcat is great. It shows we will be relevant in the future, nothing could be better for the stock.

I got the same feeling, I'm actually really glad that friedcat is putting significant amount of bitcoins on the side for reinvestment

[binaryFate]

The update from Friedcat is great. It shows we will be relevant in the future, nothing could be better for the stock.

I got the same feeling, I'm actually really glad that friedcat is putting significant amount of bitcoins on the side for reinvestment

Same here.
It's not like incomes are actually lower. They are just deviated, instead of going into our immediate pockets, they are used for further developments. That means we will get the "missing" amount multiplied by something greater than 1 at one point anyway, if FC and co are doing well, and so far they had. Looks positive to me too, my pockets can wait and get more. I guess the majority of long-term investors are happy or just don't care with the current price decrease/discussion. Speculators on the other hand can be very affected as they are short-sighted on share price.

[conv3rsion]

At the end of the day, AM is the best at what it does in the industry. They have the best (and in many cases) only real track record.

Selling because of a single low weekly dividend is shortsighted, to say the least. Especially when even with including the recent dividend, AM is still on track to pay out 40+% APR per 30 day, 60 day, and 90 day histories.

But hey, do what you want. I'd rather invest in a company with a record instead of a company that just has a promise.

[fumble]

^^ that's some seriously tasteless shit right there. Hope you lost some money tonight.

Apprently the Chinese find them tastefull.  Although fried dog is easier to find on the menu than fried cat.

[binaryFate]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

[Lauda]

Newcommers ugh..

[romerun]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

[PsychoticBoy]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

Gigavps private pool 

[freedomno1]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

Gigavps private pool 

Someone should add them to the list instead of leaving them unknown if they are known 

[BitcoinOxygen]

the "Unknown" thing is getting bigger than btcguild. Not just ghash.io apprarently. Any idea what parties are they ?

Gigavps private pool 

Someone should add them to the list instead of leaving them unknown if they are known 

IIRC, Gigavps uses different addresses for each block and doesn't make use of P2SH.
Still it needs to be added to the list.

[conv3rsion]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Its already happening. BTCGarden for example.

[canth]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Its already happening. BTCGarden for example.

No one (should have) lost any money on BTCGarden. I wouldn't consider that exactly a crash and burn.

[bitzip]

Friedcat has honored the .1, both through his resellers and direct.

I know this because I have received block eruptors for .1 from both his resellers and direct.

Was it fully or partially honored?

Last time I checked only 30% of previous purchases were eligible to the promo due to limited inventory.

What is questionned here is the remaining 70%

When did you hear this?  And where?

2 weeks ago from SilentSonicBoom in PMs sent to his customers to communicate the promo details. He said 30% limit was from friedcat and if it was lifted he would update us.

I will ping him to check since, I see at least 2 resellers that are honoring 100%.

I would be a little suspicious of "SilentSonicBoom".  If he indeed got that 30% limit directly from Friedcat, then all the other resellers would be in the same boat.   Sounds like bullshit to me.. and a very easy way to keep cheaper units for himself

Just seen this post and had to reply. My 30% promo was handled for my customers. They come from friedcat, I pay the same 0.10 btc to receive them as those that get them pay, and I ship them out. Have a nice day.

I purchased some at 2.0 and some at 1.0 from two different resellers.  Both shipped what they received of the 0.1 promos.  I too wonder when they will get more to ship to the rest of us.

[binaryFate]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Its already happening. BTCGarden for example.

No one (should have) lost any money on BTCGarden. I wouldn't consider that exactly a crash and burn.

I don't consider it a crash neither. I mean by "crash spectacularly" that a large amount of money will be invested in R&D, or even into production, without any single return for the investors. I think that some people in BTC world are still assuming that "risky investment" might mean that in the worst case you don't get more than what you invested. They will realize then that the worst case is worst than that, what we might see soon (ok in btc-distorted time units, not so soon, say November or later) is that you get 0, whatever you invested. This will be fun time and the acceptable risk/reward ratio will be corrected accordingly.

[Vycid]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.   There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM's 10-20% is part of that 200, and they might be one of the ones "left by the road"?

More likely, I think, the shared resource will get depleted and nobody will make much profit.

[Panterino]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM might be one of the ones left by the road?

Fearmongering. FC already stated massive production is scheduled for September and November.

[deltanine]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.   There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM's 10-20% is part of that 200, and they might be one of the ones "left by the road"?

More likely, I think, the shared resource will get depleted and nobody will make much profit.

Come on!  You never apply the same standards to the competition you've been harping on about that you do to AM.  The way you tell it, AM will suffer any and all calamities while the newcomers come along and create massive competition with no trouble at all.

[Vycid]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.  There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM might be one of the ones left by the road?

Fearmongering. FC already stated massive production is scheduled for September and November.

Avalon was producing in January,  wasn't it? The first-mover advantage doesn't necessarily mean much. Ever heard of Friendster?

Cost-efficiency and power consumption will be more important than being a month or two ahead.

[Vycid]

I'd rather invest in a company with a record instead of a company that just has a promise.

This point will become more obvious to many once some of the "newcommers" just crash spectacularly. Adding their planned percentage of the hashrate, you reach 200%.   There will necessarily be some of them left on the road.

Truly fascinating. You appreciate the great risks facing all mining companies and you fail to apply that thinking to AM.

Has it occurred to you AM's 10-20% is part of that 200, and they might be one of the ones "left by the road"?

More likely, I think, the shared resource will get depleted and nobody will make much profit.

Come on!  You never apply the same standards to the competition you've been harping on about that you do to AM.  The way you tell it, AM will suffer any and all calamities while the newcomers come along and create massive competition with no trouble at all.

I don't think that. There are no mining companies I am currently bullish on. Cointerra is my favorite out of a bunch of companies doomed to injure each other in a struggle for survival.

This is a phenomenon known in ecology - the population exceeds the carrying capacity in an exponential growth spurt, then a brutal struggle for resources ensues.

http://en.wikipedia.org/wiki/Overshoot_(ecology)