ASICMINER: Entering the Future of ASIC Mining by Inventing It

[bitcoin.newsfeed]

I really would like to see friedcat communicating... i didnt get an answer to my latest pm too. He was different at the start of asicminer. He answered all pm's. I liked that definitely more. Maybe he doesnt know how to delegate.

You know, people change, at the start he was a smart China geek, now thanks to the bitcoin community, he is sitting on one of the biggest stacks of btc worth millions, this can definitely change the man ... but who knows, maybe its just a shortage of time instead of lack of care about humble shareholders.

Like others, I would also like the regular updates. Now its Sunday in China and we'll likely see CUBE announcement, maybe with some other news ? Lets see

[minerpumpkin]

Might be but i had a different impression of friedcat when i started. I doubt he got corrupted now. At least he could hire a PR-Person that is with him and can bring infos online. It shouldnt be so hard to do and would give many people peace of mind.

Ha, that sounds like all the complaints about yxt. Very honest people, but at times just a tad too silent.
Better than the other way around, at least!

[SebastianJu]

Might be but i had a different impression of friedcat when i started. I doubt he got corrupted now. At least he could hire a PR-Person that is with him and can bring infos online. It shouldnt be so hard to do and would give many people peace of mind.

Ha, that sounds like all the complaints about yxt. Very honest people, but at times just a tad too silent.
Better than the other way around, at least!

Sure. But i get allergic about this noncommunicating behaviour in bitcoin land. Im switching between anger and resigning on this topic. What would i give for securities that consequently communicate even in the later stages...

[antirack]

People shouldn't assume it is a slam dunk super duper money maker.

Cooling aside, don't forget the infrastructure side of things. Assuming the plan is at least half baked and nothing happens to Bitcoin, this will be a super "super duper money maker".

The first system is tested with gen1 blades and basically just sits there waiting for something more powerful to come up. When AM gets new hardware, they can simply deploy the new boards where the 5000 gen1 blades are now sitting, the doc states they can handle the power and heat. The factory is probably a stone throw away from the farm. They don't even need to touch a power supply or LAN cable. That's how cloud hardware  should be built IMHO. If truly mobile, they could populate the farm at a factory and move it to the data center without work being done there. Or just park the container near a power feed and plugin an internet connection. This process can be repeated as many times as needed till the end-game.

Not sure on the 40nm or 28nm specs, but if it would be anything like KNC Jupiter (4 boards per 550GH/s unit?) they'd be replacing more than 5000*10.7Gh/s with over 678,500 GH/s within a matter of days or even hours (assuming they have enough Chinese factory workers to stick 5000 boards into backplanes). They don't even need to install a single power supply or LAN cable, it's already there. Who else could do that, and how? As the document said, "its implications go beyond this simple description". I think the question is not if it happens, it is when it happens. For all we know, if the container means anything there could be multiple locations doing the same thing at the same time.

But i get allergic about this noncommunicating behaviour in bitcoin land. Im switching between anger and resigning on this topic. What would i give for securities that consequently communicate even in the later stages...

FC has so far over-delivered not only once. They only sell what they have, they don't hype...
If we force him to spend his time communicating things that may change at a later point, or holding our hands on a daily basis, we are forcing him to give up one of the big advantages that we have.

[backbone1106]

how to export my AM shares and sell? and what's the Fredcat's email address?

[Endlessa]

FC has so far over-delivered not only once. They only sell what they have, they don't hype...
If we force him to spend his time communicating things that may change at a later point, or holding our hands on a daily basis, we are forcing him to give up one of the big advantages that we have.

No your watching revisionist tv.  FC has never ever ever delivered the network hashrate AM was suppose to have mining.  FC has never sold an item with a fair price that offered break even value given the difficulty.  Also, most people aren't asking for "daily communication", but would like to know why the fuck they shouldn't sell their share given there has been nothing offered up but something "amazing" is coming and "wait till the next announcement"

P.S. fuck you if your response is "It's more profitable to rip our customers off than to mine with our equipment" (Why mine with something you know will not return more money than you can rape a bunch of "losers" (sarcasm) for?")

[jimmothy]

FC has so far over-delivered not only once. They only sell what they have, they don't hype...
If we force him to spend his time communicating things that may change at a later point, or holding our hands on a daily basis, we are forcing him to give up one of the big advantages that we have.

No your watching revisionist tv.  FC has never ever ever delivered the network hashrate AM was suppose to have mining.  FC has never sold an item with a fair price that offered break even value given the difficulty.  Also, most people aren't asking for "daily communication", but would like to know why the fuck they shouldn't sell their share given there has been nothing offered up but something "amazing" is coming and "wait till the next announcement"

P.S. fuck you if your response is "It's more profitable to rip our customers off than to mine with our equipment" (Why mine with something you know will not return more money than you can rape a bunch of "losers" (sarcasm) for?")

Do you know of any asic that can make a profit? Literally every asic sold as of now and probably in the future will not "make a profit" but people realize this and are ok with it. AM has delivered the hashrate AM was supposed to have.. At one point AM had 20% of the network hashrate but then when the "gold rush" begain with bfl shipping AM sold a bunch of asics that might or might not reach ROI and made a substantial profit to fuel next gen research and development..

You need to understand the costs involved with running an Asic business. FC started with 144nm tech which they got out faster than any other asic manufacturer and that payed off. You say that nothing has been announced but this is completely inaccurate. We know exactly what AM is planning to do which is investing in gen2 chips that will use either 65/55/45nm tech and then gen3 which is 28nm announced for 1st quarter of 2014. If you haven't noticed the Asicminer cube is nearly as efficient as anything on the market right now but that doesn't mean AM can profit from using 144nm tech any further for solomining. They already filled their datacenter and are now waiting for gen2 to simply swap out the old tech with the new.

But please keep reading your source that provides literally no facts and keep spreading misinformation on the forum.

[velacreations]

FC has never ever ever delivered the network hashrate AM was suppose to have mining.  

AM had 30% for a while, 20% for longer than that, and over 10% even longer than that.
What percentage was he "supposed" to have?

[Puppet]

People shouldn't assume it is a slam dunk super duper money maker.

Cooling aside, don't forget the infrastructure side of things. Assuming the plan is at least half baked and nothing happens to Bitcoin, this will be a super "super duper money maker".

The first system is tested with gen1 blades and basically just sits there waiting for something more powerful to come up. When AM gets new hardware, they can simply deploy the new boards where the 5000 gen1 blades are now sitting, the doc states they can handle the power and heat. The factory is probably a stone throw away from the farm. They don't even need to touch a power supply or LAN cable. That's how cloud hardware  should be built IMHO. If truly mobile, they could populate the farm at a factory and move it to the data center without work being done there. Or just park the container near a power feed and plugin an internet connection. This process can be repeated as many times as needed till the end-game.

Not sure on the 40nm or 28nm specs, but if it would be anything like KNC Jupiter (4 boards per 550GH/s unit?) they'd be replacing more than 5000*10.7Gh/s with over 678,500 GH/s within a matter of days or even hours (assuming they have enough Chinese factory workers to stick 5000 boards into backplanes). They don't even need to install a single power supply or LAN cable, it's already there. Who else could do that, and how? As the document said, "its implications go beyond this simple description". I think the question is not if it happens, it is when it happens. For all we know, if the container means anything there could be multiple locations doing the same thing at the same time.

You make it sound as if plugging in power supplies and lan cables is the tricky and expensive part, while producing 28nm chips is the cheap and easy part. You may want to rethink that. To answer your hypothetical question: KnC could do that, their datacenter is right next to their assembly plant, Cointerra claim they will be able to do that.

But even if the datacenter is at the other part of the globe, you are only shaving off a few days, possibly weeks of deployment time, while AM is many months behind the competition.

[Plazma]

hey guys. I'm casual and i have 1 share. can some1 tell me what I need to do to keep my share?

[apollojmr]

I believe ASICminer Will rise high again. We have seen nothing yet as a company that is capable of doing the things of this company is capable of. It is probably fair to say that at 5 bitcoins a share it was overpriced. If the bitcoins stay at $300 a coin I would say that at 3.5 coin a share would be right where it belongs. I just cannot stand all of the naysaying that I read here,  please stop. This is a company that has made a lot of people rich and a lot of people upset chasing the Dragon. However it is just like any other turbulent company with it's ups and downs. With the recent things that ASICminer has done it could be one of the most advanced companies in the world for one of the most advanced things in the world,  bitcoin mining. I hope you read this friedcat and you know that there are supporters still and that we are behind you but we need more communication. Communication will be the key to keeping this company going strong. If you stop communicating then the shares will drop. I for one am hanging on to my shares until I feel completely satisfied with this company will no longer produce.BTC

[KS]

When things go up, nobody really cares about communication.

When things go down, everyone wants to be reassured.

[professorY]

When things go up, nobody really cares about communication.

When things go down, everyone wants to be reassured.

Truth.

But I don't so much mind the naysayers. Leads to people panic selling = more cheap shares for those of us who still believe in AM's upside potential.

[KS]

When things go up, nobody really cares about communication.

When things go down, everyone wants to be reassured.

Truth.

But I don't so much mind the naysayers. Leads to people panic selling = more cheap shares for those of us who still believe in AM's upside potential.

That and the looming shadow of the SEC over the exchanges

[internetguru]

I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?

[arnuschky]

I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?

https://www.havelockinvestments.com/fund.php?symbol=AM1#ui-tabs-3

[velacreations]

I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?

https://www.havelockinvestments.com/fund.php?symbol=AM1#ui-tabs-3

that's only a partial list.  it doesn't include all of them.

[msm595]

I'm looking to buy shares PM me

Anyone have a history list showing how much dividends were paid out per share?

https://www.havelockinvestments.com/fund.php?symbol=AM1#ui-tabs-3

that's only a partial list.  it doesn't include all of them.

Here's a list I've been keeping, I think one or two values may be slightly off, but it should be generally accurate.

Code:

date	                p/s
2/28/2013 16:51:38	0.02354454
3/6/2013 16:52:57	0.01916298
3/13/2013 14:59:50	0.023786
3/20/2013 15:00:31	0.02599802
3/24/2013 16:20:00	0.00750846
3/27/2013 15:54:30	0.003775
4/3/2013 15:52:40	0.00255553
4/10/2013 15:17:01	0.00695565
4/17/2013 15:40:42	0.00696732
4/24/2013 15:46:59	0.00773063
5/2/2013 4:10:15	0.00735415
5/8/2013 14:44:33	0.01108519
5/15/2013 11:44:00	0.0362225452
5/22/2013 14:36:31	0.02084164
5/29/2013 15:36:59	0.02653753
6/5/2013 15:16:20	0.03814687
6/12/2013 13:41:51	0.03628311
6/19/2013 16:34:51	0.01810108
6/26/2013 16:26:31	0.01938069
7/3/2013 17:24:28	0.02297025
7/10/2013 16:33:40	0.02075485
7/17/2013 15:30:53	0.02536692
7/24/2013 17:47:17	0.02405901
7/31/2013 17:03:20	0.01858868
8/7/2013 16:41:27	0.02457145
8/14/2013 16:40:42	0.02097289
8/21/2013 12:58:29	0.01226019
8/28/2013 17:49:18	0.01239987
9/4/2013 16:32:16	0.01404192
9/11/2013 16:01:58	0.01355608
9/18/2013 15:52:18	0.00967485
9/25/2013 9:41:33	0.00879957
10/2/2013 9:01:42	0.00800337
10/9/2013 16:29:57	0.0054807496
10/16/2013 16:43:24	0.00403284
10/23/2013 16:59:35	0.00374772
10/30/2013 18:00:54	0.0035336
11/6/2013 15:17:07	0.00290692

[Plazma]

Hey guys what should I do with  my shares on bitfunder? are they just getting transfered to direct shares to my bitfunder address?

[hlynur]

Hey guys what should I do with  my shares on bitfunder? are they just getting transfered to direct shares to my bitfunder address?

I'm not familiar with share transfers depending bitfunder,
perhaps a useful info is how to transfer direct shares to havelock (if that's your plan):  

Somebody, please, explain me: how to sell my shares that was automatic transfer to Friedcat?

Importing Shares to Havelock Investment
There is no fee to import shares. There is no minimum quantity for importing shares.

How to Import Direct Shares:
1. Send an e-mail to fnnirvana@gmail.com & TAT Investments at tat.investments@gmail.com with the following message:

”Friedcat, please transfer (X) of my shares to the TAT Investments account at 1rHfXj4AwH9zymwwJuXnbXLiDbAE9V1uz -- tat.investments@gmail.com”

Also include the following info:
- Your current ASICMINER share-holding wallet address & e-mail address
- The quantity of shares you wish to transfer

2. If the e-mail address you have on file with ASICMINER is different than the one you use for your Havelock account, you MUST send an e-mail from the e-mail address you have registered with Havelock confirming this import request. If this is the case, please provided a dated, signed message from the host wallet to confirm ownership.
3. After confirmation from Friedcat is received, the AM1 shares will be added to your account within 48 hours or less.

NOTE: TAT Investments is not responsible for delays or errors in transfer confirmations by ASICMINER staff.
Please follow these instructions carefully to avoid problems.