ASICMINER: Entering the Future of ASIC Mining by Inventing It

[VolanicEruptor]

Shouldn't Friedcat be the one to release this info first?  It doesn't seem fair that he would tell this girl first, unless they were banging or something

[ninjarobot]

2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.

Unsatisfactory performance perhaps. But surely it must have outperformed Gen1?

Assuming these chips cost about the same to produce after initial development costs why not push them out regardless? Any mining hardware improvement is welcome at this stage.

[dexX7]

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

One of our group members in Chinese community had an interview with Friedcat today. Above is the brief introduction of what Friedcat has done and planned to be accomplished in the next months.
To be short:
1. 1000T would be released around Nov 7th. These chips may be sold or deployed, depending on the situation then.
2. 2nd Gen chips have already been developed long time ago. But they were delayed to deploy considering the unsatisfactory performance.
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

Could someone please write an English translated transcript?

[Sanqianli]

1000Ｔ是已出售算力总共加起来，应该10月7日600Ｔ-800Ｔ吧，只是一个简单的采访，没什么大惊小怪的。

烤猫是实干型，直接跳到三代。所以说烤猫技术跟不上的，可以SHUT UP!

[bitcoin.newsfeed]

Shouldn't Friedcat be the one to release this info first?  It doesn't seem fair that he would tell this girl first, unless they were banging or something

+1, we're also shareholders &   THANK YOU!    

[freedomno1]

Shouldn't Friedcat be the one to release this info first?  It doesn't seem fair that he would tell this girl first, unless they were banging or something

+1, we're also shareholders &   THANK YOU!    

No comment
Ok one server room girl
(Sorry couldn't help it XD)

[Jere.Jones]

1000Ｔ是已出售算力总共加起来，应该10月7日600Ｔ-800Ｔ吧，只是一个简单的采访，没什么大惊小怪的。

烤猫是实干型，直接跳到三代。所以说烤猫技术跟不上的，可以SHUT UP!

10月7日 or 11月7日?

[glendall]

If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.

[KarmaShark]

Well, I was hoping this would have lasted until at least the weekend however.... looks like the FriedCat is out of the bag now. Let the panic buying commence.

[VolanicEruptor]

If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.

This will teach you for depreciating my shares by selling yours 

[KarmaShark]

If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.

0.7 BTC on Havelock and climbing (for AM1). I would consider getting back in soon unless you feel that not only is the interview conducted completely false, but also that Friedcat would lead BitFountain down a path of despair and failure. Make your bets now.

[Puppet]

Looks like the assembly is done right next to the "datacenter" which isnt sealed and I see no sign of AC. The word "sweat shop" comes to mind





 (literally, gotta be HOT there!)

And yeah, it doesnt look for profi, but hey, the lack of fancy floors and walls and biometric access and conditioned purified air .. it all saves money!

[ninjarobot]

If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.

┗(°0°)┛

TO THE M...nevermind

[bitrich]

I'm skeptical until I see real proof, why wouldn't friedcat post of the thread with this info? :/

[Puppet]

3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

1000P ? As in Petahash?  By February? That sounds like more than a stretch. Even if the hardware costs nothing, electricity consumption of a 1000PH network would be close to its mining revenue for anything but the cheapest electricity. We may get there one day, but not in February. If Friedcat really think he can get several 100PH online by then, well, I wanna buy some shares. Find this hard to believe though.

[finlof]

Surprised volume and price aren't picking up (or didn't between that meeting and now). Skeptical this is official

signed up on havelock just in time...  25% profit already!

[KCBitcoin]

The interviewer is one of our members in the Chinese community. She is not one of AM's board members but she does hold some AM shares. She has been planning to have an interview with Friedcat and finally she made it. We the Chinese Bitcoiners have known her for a long time and she's built her credibility with her interviewing more than 15 people in this community.
I post this video and translation in this thread, assuming that since she already post it on Weibo, a twitter-like service in China, that should become some public information and Friedcat's consent must have been gained to release it.

I can confirm this.

[bitrich]

3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

1000P ? As in Petahash?  By February? That sounds like more than a stretch. Even if the hardware costs nothing, electricity consumption of a 1000PH network would be close to its mining revenue for anything but the cheapest electricity. We may get there one day, but not in February. If Friedcat really think he can get several 100PH online by then, well, I wanna buy some shares. Find this hard to believe though.

agreed, not too sure about this yet

[chriswilmer]

3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

1000P ? As in Petahash?  By February? That sounds like more than a stretch. Even if the hardware costs nothing, electricity consumption of a 1000PH network would be close to its mining revenue for anything but the cheapest electricity. We may get there one day, but not in February. If Friedcat really think he can get several 100PH online by then, well, I wanna buy some shares. Find this hard to believe though.

1000 PH sounds quite reasonable actually. The break-even point for BTC at $100 USD for the highest efficiency ASICs today (the 28nm tech) is ~200 PH/s (https://bitcointalk.org/index.php?topic=281279.0)

if bitcoins are $500 by then, that takes us to a break-even of 1000 PH... and this doesn't take into account more efficient chips or higher bitcoin prices (or over-invested miners or people powered on wind farms, etc.)

[VolanicEruptor]

The interviewer is one of our members in the Chinese community. She is not one of AM's board members but she does hold some AM shares. She has been planning to have an interview with Friedcat and finally she made it. We the Chinese Bitcoiners have known her for a long time and she's built her credibility with her interviewing more than 15 people in this community.
I post this video and translation in this thread, assuming that since she already post it on Weibo, a twitter-like service in China, that should become some public information and Friedcat's consent must have been gained to release it.

I can confirm this.

Very interesting.  If this is fake, then its the most elaborate pumping scheme I have ever seen in the 10 years I have been investing