ASICMINER: Entering the Future of ASIC Mining by Inventing It

[VeeMiner]

just buy real-world stocks bitcoin and hold it.

Fixed that for you.

nice +1

[Chris_Sabian]

Im a rather big holder, though not with a forum seat. But i would like to hear where your optimisms comes from. I mean for sure at some point something will move again... but friedcat isnt communicating anymore, we get infos about 5 edges and dates for deployment of more hashingpower or units sold werent met.
I think whining about no information and constantly dropping value and divs is no wonder. In fact it would be a very bad sign for other mining companies.
[/quote]

+1

I agree.  I understand that bitcoin mining has become / becoming very competitive and the CEO of a mining company needs to be tight lipped.  However, they can say "We are working on the next generation of hardware and hope to have competitive hashing in the next 6 months".  This would reassure investors and not provide much information to the competition.

Also, the increase in BTC recently has to only help AM since they pay bills and buy hardware in fiat.

[keeron]

No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)

A cube announcement (1BTC each) would probably offset the lack of divs

[neilol]

No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)

A cube announcement (1BTC each) would probably offset the lack of divs

Divs are paid on Wednesday.

[keeron]

No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)

A cube announcement (1BTC each) would probably offset the lack of divs

Divs are paid on Wednesday.

haha, that is correct. My bad, was a little bit impatient.

[hlynur]

in case somebody is interested in AM cube:
https://bitcointalk.org/index.php?topic=331341.0

also offered on taobao:
http://item.taobao.com/item.htm?id=18635057299
http://item.taobao.com/item.htm?spm=a230r.1.14.12.iZQhY4&id=18093845345
and ebay:
http://www.ebay.com/itm/NEW-Asic-Miner-Block-Eruptor-Cube-bitcoin-30GHS-overclock-up-to-38GHS-/251378161222?pt=LH_DefaultDomain_0&hash=item3a874e5646

[binaryFate]

http://www.ebay.com/itm/NEW-Asic-Miner-Block-Eruptor-Cube-bitcoin-30GHS-overclock-up-to-38GHS-/251378161222?pt=LH_DefaultDomain_0&hash=item3a874e5646

I love the consored sponge bob behind. "Guys let's make some picture of an ASIC device with Sponge Bob!", "Yeeees! Awesome idea!!".

[hlynur]

http://www.ebay.com/itm/NEW-Asic-Miner-Block-Eruptor-Cube-bitcoin-30GHS-overclock-up-to-38GHS-/251378161222?pt=LH_DefaultDomain_0&hash=item3a874e5646

I love the consored sponge bob behind. "Guys let's make some picture of an ASIC device with Sponge Bob!", "Yeeees! Awesome idea!!".

haven't even noticed that.
let's hope it helps to get rid of those old chips faster.
why not add a caption ala "it's a miner for the whole family" 

[Kouye]

"Save on your heating bills. Hell, don't just save, make money heating your home"

Not bad. How about: "Bring out your dead!" ?

[tinus42]

"Save on your heating bills. Hell, don't just save, make money heating your home"

Unless you are in the antipodes that makes sense. Heat your home with ASICs.

[gogxmagog]

at this point in the game, mining with ~30GHs is strictly a hobbyist's game. why not tap into the xmas gift/novelty market?
Mom: "kids love 'puters n stuff, and little Bobby's been begging us to help him get started mining dem bitcoins...plus, look! It's got Spongebob!"
Dad: "great idea! Buy now and beat the xmas rush!"
Little Bobby (on xmas day) "WTF??? This thing is USELESS!"

[tinus42]

at this point in the game, mining with ~30GHs is strictly a hobbyist's game. why not tap into the xmas gift market?
Mom: "kids love 'puters n stuff, and little Bobby's been begging us to help him get started mining dem bitcoins...plus, look! It's got Spongebob!"
Dad: "great idea! Buy now and beat the xmas rush!"
Little Bobby (on xmas day) "WTF??? This thing is USELESS!"

Well that might happen in a few years. As of now Bitcoin is still a geek's game. When your hairdresser and taxi driver start talking about it then you know it's a hype.

[gogxmagog]

at this point in the game, mining with ~30GHs is strictly a hobbyist's game. why not tap into the xmas gift market?
Mom: "kids love 'puters n stuff, and little Bobby's been begging us to help him get started mining dem bitcoins...plus, look! It's got Spongebob!"
Dad: "great idea! Buy now and beat the xmas rush!"
Little Bobby (on xmas day) "WTF??? This thing is USELESS!"

Well that might happen in a few years. As of now Bitcoin is still a geek's game. When your hairdresser and taxi driver start talking about it then you know it's a hype.

Yes, I was being facetious, but since you mention it... last month I was in a cab where the driver was going on and on about btc, PLUS, my wife is a hairdresser, and she has all sorts of tech guys as clients, so she totally talks about bitcoins with them. Just sayin' ;-)

ofc, for a gift market to open up, these miners would have to cost about 1/3 of what they do now.

[tinus42]

at this point in the game, mining with ~30GHs is strictly a hobbyist's game. why not tap into the xmas gift market?
Mom: "kids love 'puters n stuff, and little Bobby's been begging us to help him get started mining dem bitcoins...plus, look! It's got Spongebob!"
Dad: "great idea! Buy now and beat the xmas rush!"
Little Bobby (on xmas day) "WTF??? This thing is USELESS!"

Well that might happen in a few years. As of now Bitcoin is still a geek's game. When your hairdresser and taxi driver start talking about it then you know it's a hype.

well, I was being facetious, but since you mention it... last month I was in a cab where the driver was going on and on about btc, PLUS, my wife is a hairdresser, and she has all sorts of tech guys as clients, so she totally talks about bitcoins with them. Just sayin' ;-)

ofc, for a gift market to open up, these things would have to cost about 1/3 of what they do now.

OK, so BTC is officially in a bubble. Hedge accordingly.

[lophie]

I don't know how did this thread turned into another Bitcoin-pricetalk but I will indulge it. Bitcoin is not in a bubble it is just another round of increased appreciation for sound money against bubbling fiat currencies. What we are happy about here is that the bubbling effects fiat/btc faster than it affects fiat/goods 

[jimmothy]

Fun fact: At 2000 yuan (328 usd) you would actually see ROI in only 37 days according to http://mining.thegenesisblock.com/. Completely surpassing any other asic available even KNC.

[hlynur]

because i see AM cube selling/preordering already despite any announcement by friedcat so far,
i have to bring up this subject again:

What distracts me most as a shareholder is the lack of information channels.

i mean i get it that AM is just a manufacturer and the rest is mostly done via resellers.
But do i expect too much with a functioning decent website up to date with info on released products and links for the shops/auctions?
Why don't they roll out the full package to get a glance into every miner's eye? (slightly exagerrating here  )
Show some pics, hell even make a rotating 3D model with some data.

I'm doing this as a job, i hereby even offer my service at this point for doing the shiny eyefuck renderings to get this going.


an example:
When i google "asicminer cube", the first site of results doesn't even give me a link to any official website.
instead i see the first 5 of 6 entries are named "ASICMiner Cube?")
and i notice preorder via wtcr (good) and hashfast advertising at the top ()
when i google "asicminer" again another hasfast advert,
then http://www.asicminer.co/ (which was last updated 4th May!!!)

I read some time ago that friedcat likes to keep a low profile and this was already discussed.
I totally understand having some amount of anonymity on the web,
but when i look at http://cointerra.com/;https://hashfast.com/;http://www.butterflylabs.com/
i see so much potential here...f**k, AM even has the "asicminer" in its company name.
that's like selling bread when your named baker™. You have to use that advantage.


this is not meant as a rant and sorry if i sound like a marketing-asshole here (comes with the job environment  )
fc will somehow sell these cubes but the overall process could be done in a much better way imo.

[gogxmagog]

I agree with hlynur. AM's marketing should be given serious thought. FAIK it is already being addressed. still- don't underestimate the "gift" market, esp. at xmas. billions to be made across all areas of retail. and something like this... I buy all sorts of electronics for my kid every year, and this type of "science-y" tech thing is just what granny might think her computer-obsessed grand-kids would love to own. not a sustainable market to be sure, but we are talking about unloading gen1 chips here right? when I think of all the expensive chemistry sets, and radio shack circuit board kits, and build your own radio sets I got when I was a kid... there is definitely a market there if you know how to reach it. One major retailer carrying these things would be a real leg up.

[hlynur]

One major retailer carrying these things would be a real leg up.

+1

[gogxmagog]

because i see AM cube selling/preordering already despite any announcement by friedcat so far,
i have to bring up this subject again:

What distracts me most as a shareholder is the lack of information channels.

i mean i get it that AM is just a manufacturer and the rest is mostly done via resellers.
But do i expect too much with a functioning decent website up to date with info on released products and links for the shops/auctions?
Why don't they roll out the full package to get a glance into every miner's eye? (slightly exagerrating here  )
Show some pics, hell even make a rotating 3D model with some data.

I'm doing this as a job, i hereby even offer my service at this point for doing the shiny eyefuck renderings to get this going.


an example:
When i google "asicminer cube", the first site of results doesn't even give me a link to any official website.
instead i see the first 5 of 6 entries are named "ASICMiner Cube?")
and i notice preorder via wtcr (good) and hashfast advertising at the top ()
when i google "asicminer" again another hasfast advert,
then http://www.asicminer.co/ (which was last updated 4th May!!!)

I read some time ago that friedcat likes to keep a low profile and this was already discussed.
I totally understand having some amount of anonymity on the web,
but when i look at http://cointerra.com/;https://hashfast.com/;http://www.butterflylabs.com/
i see so much potential here...f**k, AM even has the "asicminer" in its company name.
that's like selling bread when your named baker™. You have to use that advantage.


this is not meant as a rant and sorry if i sound like a marketing-asshole here (comes with the job environment  )
fc will somehow sell these cubes but the overall process could be done in a much better way imo.

It does feel like investors are left out of the loop but tbh I appreciate it, AM's delivered since the IPO and most of its been on blind faith. Trust has been discussed a lot on this forum and it could even be a currency of its own one day but honour is hardly ever mentioned and its the foundations of trust. After seeing the financial report I'd guess it would take pages for FC to get us up to date on the full picture so maybe its better they break the mould and use the most despicable of words in the 21st century, trust us.

True that! I think most of us use this thread to "think out loud" seeing as there is precious little else by way of news or info to post here. FC has proven he is trustworthy again and again! I'm chomping at the bit for the really big news tho