ASICMINER: Entering the Future of ASIC Mining by Inventing It

[jeffshed]

Why is am up up right now?

Just makes no sense to me

still no good new still hashrate to the moon....

[velacreations]

Why is am up up right now?

Just makes no sense to me

still no good new still hashrate to the moon....

because of the new hardware.  Mining is a small portion of revenue right now.  Hardware is where the good divs come from.

[spinoff]

my personal considerations:

• is the news true? (never saw that site before)
• 13-14$ per GH/s seem competitive to me, considering other hardware avaible and that this "gadget/souvenir" line was allways more pirced
• if the news is true it's yet another PR fail from friedcat - why do we learn about news from random people's interviews and random sites? why no official statement is made on these rumors? it doesn't feel good for the shareholder

[BTC^_^]

I may be able to do a full-length translation of the interview made by the lady. Supporters?

[Franktank]

my personal considerations:

• is the news true? (never saw that site before)
• 13-14$ per GH/s seem competitive to me, considering other hardware avaible and that this "gadget/souvenir" line was allways more pirced
• if the news is true it's yet another PR fail from friedcat - why do we learn about news from random people's interviews and random sites? why no official statement is made on these rumors? it doesn't feel good for the shareholder

If you check many threads made by friedcat in the Custom Hardware subforum, you will see he is listed as a official reseller and is a board member. That said, we don't know if it was supposed to be announced yet but will soon enough.

[velacreations]

if the news is true it's yet another PR fail from friedcat - why do we learn about news from random people's interviews and random sites? why no official statement is made on these rumors? it doesn't feel good for the shareholder

so, you're saying we should get news before resellers and board members?

[spinoff]

if the news is true it's yet another PR fail from friedcat - why do we learn about news from random people's interviews and random sites? why no official statement is made on these rumors? it doesn't feel good for the shareholder

so, you're saying we should get news before resellers and board members?

I'm not sure, but in the past wasn't it announced all at the same time? There was a post in the Hardware section notifying everyone of the new hardware IIRC. I don't see a problem with that, while like this there's people who have insider information.

[velacreations]

I'm not sure, but in the past wasn't it announced all at the same time?

no, I believe the board members and even resellers get information before everyone else, and always have.

[bitcoin.newsfeed]

I'm not sure, but in the past wasn't it announced all at the same time?

no, I believe the board members and even resellers get information before everyone else, and always have.

Board members, resellers AND China community ... so basically everybody else is before shareholders from official ASICminer thread, seems like we are on the last place in priority list. Sad. 

[romerun]

inside trading happens everywhere, don't whine, get over it

[limbaugh]

inside trading happens everywhere, don't whine, get over it

Says the insider trader. But he is right in his arrogant prick way.

[Rival]

FC told us in August this stuff was coming Oct/Nov.

It is not his fault if you did not believe him.

I also don't recall ever hearing him promise daily progress reports so that day-traders could skim maximum profits from them. That's not really the business he is engaged in.

FC was obviously waiting to have units in hand for bulk delivery before announcing. The real problem is that one greedy reseller jumped the gun before FC was ready to announce.

I find FC and AM honest, trustworthy, and just plain amazing in what they can and do deliver. Don't bust on them because you could not make a bunch of money front-running them.

[keeron]

FC told us in August this stuff was coming Oct/Nov.

It is not his fault if you did not believe him.

I also don't recall ever hearing him promise daily progress reports so that day-traders could skim maximum profits from them. That's not really the business he is engaged in.

FC was obviously waiting to have units in hand for bulk delivery before announcing. The real problem is that one greedy reseller jumped the gun before FC was ready to announce.

I find FC and AM honest, trustworthy, and just plain amazing in what they can and do deliver. Don't bust on them because you could not make a bunch of money front-running them.

This. Exactly

Now go cry over the AM share prices going up....

[jimmothy]

The Block Erupter CUBE seems extremely cheap for gen1 considering its like 1/3rd the cost of 3 blades with equal hashrate. I can't imagine AM will be raking in the cash on this one and if they do then why do they only have 100 th when it is so cheap. I wonder if they will be adding some more hashing power with this supposed 500 th/s that FC said would be ready for sale by nov 7.

[ashitaka]

G.ASICMINER & AM100 (TAT.ASICMINER) Conversion Offers
(Limited Time Only, Ends Nov. 15, 2013)
With Bitfunder blocking US citizens, requiring ID verification, and not allowing exports unless you have 250 shares, we know some of you feel stuck and are looking for options. Below are two new, temporary services we are offering.

G.ASICMINER Offer (Limited Time Only, Ends Nov. 15, 2013)
We have decided to offer a limited time service to convert your G.ASICMINER shares into AM100 (HavelockInvestments.com) fractional shares. There is no fee to convert to AM100 (fractional shares), but please note that AM100 shares carry a 5% management fee on dividends.



AM100 & TAT.ASICMINER Offer (Limited Time Only, Ends Nov. 15, 2013)
Additionally, we will be offering AM100 or TAT.ASICMINER shareholders a temporary service to convert their shares into AM1 or direct shares for a fee of 5 (five) TAT.ASICMINER shares per whole share. That is a 105:1 ratio.

NOTE: If you want to go direct from G.ASICMINER to AM1 or direct shares, you may, but you must pay the 5 (five) TAT.ASICMINER-shares-per-whole-share fee still.



Example #1: You have 10 G.ASICMINER shares, but you want to convert them to AM100 fractional shares. Pay no fees, simply push your G.ASICMINER shares to TATInvestments and email us according to the instructions below.

Example #2: You have 10 G.ASICMINER shares, but you want to convert them to direct shares. Push the 10 G.ASICMINER shares plus 50 TAT.ASICMINER shares to TATInvestments, and follow the instructions below.

Example #3: You have 1000 AM100 shares, but you want to convert them to AM1 shares. Push 1050 AM100 shares back to us, and email us according to the directions below.



The following limitations apply:
1. You must initiate each conversion request before November 15, 2013.
2. Due to many requests, your migration might take anywhere from 1-14 days to process.
3. Beginning Nov. 15th, these temporary services will be discontinued.
4. We can make no guarantees that Bitfunder or Havelock will not impose additional limitations on trading in the future.



How to Convert G.ASICMINER Shares to AM100:
 1. Push the amount of shares to the issuer account on Bitfunder: TATInvestments
 2. Make the subject of your email: G.ASIC
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Bitfunder account name (not email),
  - Bitfunder public wallet address
  - Quantity of shares pushed
  - Havelock registered email address


How to Convert Your AM100 (or TAT.ASICMINER) Shares to Direct Shares with Friedcat
 1. Using the Transfer feature, push the AM100 (or TAT.ASICMINER) shares to the issuer account. They must be a 105:1 ratio, this means the minimum is 105 AM100 or TAT.ASICMINER shares.
 2. Make the subject of your email: AM100
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Account name
  - Quantity of shares pushed
  - Wallet address that you want the direct shares attached to
  - Email address you want the shares attached to

Do NOT send your request more than once, and do NOT include multiple requests in one email.

Conversions will be transferred in batches, and confirmations will ONLY be sent after each batch. Do NOT send emails requesting updates.

NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. TAT Investments is not responsible for any limitations or discontinuations of services or access to liquidity imposed by the host exchanges.

Hi TAT

I have 42 G.ASICMINER on Bitfunder and want to send them to AM1 in Havelock. But how I am supposed to send you the 210 TAT shares as fee, if I can't buy there because of the limitations?
Am I losing something?

Thanks!

[velacreations]

gen1  ....  why do they only have 100 th when it is so cheap.

they like to make money, so they won't be mining with gen1.

FC will attempt to sell that 500 TH ASAP.
.05 btc/GH makes that 500 TH worth about 25k btc, or about .0625 btc/share

[jimmothy]

gen1  ....  why do they only have 100 th when it is so cheap.

they like to make money, so they won't be mining with gen1.

FC will attempt to sell that 500 TH ASAP.
.05 btc/GH makes that 500 TH worth about 25k btc, or about .0625 btc/share

You are forgetting to include the cost to manufacture and ship 500 TH so it will be nowhere near 0.0625 per share.

[jeffshed]

forgive my ignorance but where is the confirmation of new hardware?

[pascal257]

Hi TAT

I have 42 G.ASICMINER on Bitfunder and want to send them to AM1 in Havelock. But how I am supposed to send you the 210 TAT shares as fee, if I can't buy there because of the limitations?
Am I losing something?

Thanks!

I'm wondering the same. Is it possible to pay the "fee" on Havelock, i.e. I buy the AM100 shares there and transfer them?
Nevermind, I see that you exchange G.ASICMINER shares for AM100 shares and then transfer to AM1.

[BitHub]

Does anyone have friedcats personal details? I would like to sue him.