ASICMINER: Entering the Future of ASIC Mining by Inventing It

[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

[realdos]

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.

For your information, some people in China have access to lower or even zero electricity cost...

[dexX7]

I can confirm this.

[bitrich]

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

doesnt seem very elaborate, just a chinese girl speaking to a video camera and a couple people who would really like the share price to come back, sell walls in place, hmm idk ill wait it out. if its true there will be plenty of room to get back in

[VolanicEruptor]

I can confirm this.

Granny made it home from the desert!  I'm glad she's alive.  

[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

doesnt seem very elaborate, just a chinese girl speaking to a video camera and a couple people who would really like the share price to come back, sell walls in place, hmm idk ill wait it out. if its true there will be plenty of room to get back in

But we're seeing confirmations from some fairly credible people, which would add to the schemes complexity.  If she was lying, would she have the nerve to show her face on webcam as she lies through her teeth?  I wouldn't have the balls to do that, especially if I lived there.

[bitrich]

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

doesnt seem very elaborate, just a chinese girl speaking to a video camera and a couple people who would really like the share price to come back, sell walls in place, hmm idk ill wait it out. if its true there will be plenty of room to get back in

But we're seeing confirmations from some fairly credible people, which would add to the schemes complexity.  If she was lying, would she have the nerve to show her face on webcam as she lies through her teeth?  I wouldn't have the balls to do that, especially if I lived there.

idk, im not accusing anyone at this point, just saying i personally will wait for more solid evidence. most people on this thread have plenty of motive to jump in and help if they think theyll get a little more btc back. He confirmed the girl is reputable in the chinese bitcoin community which makes it seem less likely she would be involved in some sort of outright lie, pump scheme but Ive seen too many people in securities say anything to pump or dump a share price so ill remain skeptical at the risk of missing out of some profit. I think if this is true the share price would double so plenty of time to get back in, no need at least in my opinion to panic buy, thats always gets me in trouble lol

[VolanicEruptor]

true.. hope FC can clarify this.  One thing I noticed was kind of strange about the video is that she looked like she was going to cry.  She didn't smile at all..

[bitrich]

true.. hope FC can clarify this.  One thing I noticed was kind of strange about the video is that she looked like she was going to cry.  She didn't smile at all..

I hope so too, id love to see AM bounce back, also doesn't make sense to me that FC wouldn't let the forum know info like this himself, it could have helped the share price a lot. Why are we hearing this from what to me seems like a random person? Maybe FC will take notice and chime in with a confirm or deny soon, the suspense is killing me lol