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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916276 times)
pascal257
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November 03, 2013, 01:50:24 AM
 #14641

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.
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November 03, 2013, 02:36:07 AM
 #14642

Does anyone have friedcats personal details? I would like to sue him.
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November 03, 2013, 02:44:46 AM
 #14643

How does one move direct shares into havelock? Do you have to pay any 100th shares for that?
pascal257
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November 03, 2013, 02:49:44 AM
 #14644

Does anyone have friedcats personal details? I would like to sue him.
So you're the next ASICRUS?
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November 03, 2013, 02:51:10 AM
 #14645

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

Lol,  the crazies always come around

ok
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November 03, 2013, 03:19:29 AM
 #14646

How does one move direct shares into havelock? Do you have to pay any 100th shares for that?

Find your answer here:
https://www.havelockinvestments.com/fund.php?symbol=AM1

Quote
Importing Shares
There is no fee to import shares. There is no minimum quantity for importing shares.
keeron
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November 03, 2013, 03:33:19 AM
 #14647

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

Lol,  the crazies always come around

I've heard he is in china...shouldn't e too hard to find him now!
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November 03, 2013, 03:49:53 AM
 #14648

no, he has just relocated to the moon lately
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November 03, 2013, 04:18:51 AM
 #14649

no, he has just relocated to the moon lately

To da moon !!! ┗(°0°)┛
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November 03, 2013, 12:58:32 PM
 #14650

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!

You can either buy your AM100 fee shares on Havelock, use some G.ASIC shares as fee credit and get AM100 shares as leftover "change". Email all the details according to the instructions and we'll sort it out.
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November 03, 2013, 01:28:15 PM
 #14651

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.
cost of manufacture has already been paid for.  They are manufactured.

Shipping typically has been very low, as the majority are shipped to resellers in large quantities.  We'll still be looking at .06 per share, at least.

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November 03, 2013, 01:43:07 PM
 #14652

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

Friedcat for sure should exclude shipping cost. No other seller is including them. And its psychological far better to exclude them since comparing miners everyone takes the buying price. Shipping cost is mostly forgotten and paid later without complaint. So it was never a good idea to include it in the miner price.



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

Im interested to hear what you will charge him for.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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November 03, 2013, 04:07:55 PM
 #14653

Redfury eating AM's lunch:

http://youtu.be/zp0pM6UHono?t=44s

http://www.coindesk.com/redfury-2-6gh-usb-miner-now-available/
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November 03, 2013, 04:09:56 PM
 #14654


0.49 BTC for 2.6GH/s vs. 0.8 BTC for 10.75GH/s (blade). I don't think so...
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November 03, 2013, 04:10:37 PM
 #14655


FC has not yet announced his cubes. At around 1/3 the cost/Ghs of Red Fury it remains to be seen exactly whose lunch gets eaten.
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November 03, 2013, 04:13:52 PM
 #14656


Fact is that USB stick miners used to be AM's domain. Redfury now has sticks @ 2.6 GH/s nearly 10x the 0.3 GH/s a BE can provide... I'm sure Redfury will have good margins on this first batch and can lower the prices more than AM can at this point to remain competitive.

The AM cube just seems to be a nifty way to repackage Gen1 chips...
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November 03, 2013, 04:14:26 PM
 #14657


FC has not yet announced his cubes. At around 1/3 the cost/Ghs of Red Fury it remains to be seen exactly whose lunch gets eaten.

In the official AM hardware thread a user links to where Friedcat's official European seller has confirmed the cube as well:

https://bitcointalk.org/index.php?topic=270573.msg3471649#msg3471649 (in German but Google translate does a decent job)

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November 03, 2013, 04:19:27 PM
 #14658


Fact is that USB stick miners used to be AM's domain. Redfury now has sticks @ 2.6 GH/s nearly 10x the 0.3 GH/s a BE can provide... I'm sure Redfury will have good margins on this first batch and can lower the prices more than AM can at this point to remain competitive.

The AM cube just seems to be a nifty way to repackage Gen1 chips...

I am not sure how he puts over 100 gen1 chips in that little box without causing nuclear fusion to occur. The unit is less than the 1 cubic foot it ships in.
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November 03, 2013, 04:48:36 PM
 #14659


A one-time 0.06 div from this entire batch is hardly gonna save these shares.
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November 03, 2013, 05:06:43 PM
 #14660


A one-time 0.06 div from this entire batch is hardly gonna save these shares.
well, the share price has increased 30+% since the news of these broke.  And while .06/share is not huge, it is 20 times greater than the last dividend. I imagine it will be split over several weeks, looking at .015/week at most.

That being said, I don't think this revenue is meant to "save" the share price, but merely keep things afloat until the next gen/deployment happens. If divs can be larger than .01 a week for 4-6 weeks, I think you'll see share prices go to 1.5 or beyond.

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