ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Kouye]

Donno about submerged mining but i have seen less mining from AM in these days , i hope dividends will surpass 0.001

Mining wallet @ 430 and hash rate looks rather steady to me, why are you saying that?
Or by "these days" you meant "those last weeks" ?
http://erpao.info/

[Zubilica]

Donno about submerged mining but i have seen less mining from AM in these days , i hope dividends will surpass 0.001

Mining wallet @ 430 and hash rate looks rather steady to me, why are you saying that?
Or by "these days" you meant "those last weeks" ?
http://erpao.info/

- AM is mining at same TH value from summer , we have not seen a major increase , Generation2 somehow got skipped , from my point of view this is a major failure. 
- Until deployment of generation 3th, February is rumored, we will not see any mining TH+ value.
- I'm thrilled about submerged mining but until AM got the chips to fill in the space there , this investment is useless
- Mining devices are ~ 1 BTC but for how long ?
- Competition is preparing to launch this winter a major counteroffer of mining devices.

the list could go on forever

[jimmothy]

It simply isn't the unique source of income, and was overtaken by selling hardware more than once.
It's not convenience, it's not being dumb.

Yes, I'm aware it's not the unique source of income. I already said that diversifying makes sense, when it works. Right now we have no good hardware and no "meaningful" mining, so "not being dumb" isn't working out that well.

Care to name one of the competition that is "overtaking" asicminer. Am cube which uses old "used car" tech still competes in cost efficiency wotb those brand new 28nm new tech chips from knc and bitfury.

can you provide a list of this "ton of viable competitors" that are currently shipping at lower costs than AM?

I will leave it to you to exit the ASICMINER echo chamber and do some research of their competitors. I'll give you a hint - the network hasn't reached 5300 TH because of blades and cubes.

If you bought at 5btc/per that is your own fault for buying in to an incredibly overvalued stock at the time. It was obvious that 5btc per share is ridiculous because 10% network hashrate equates to 1btc/share and maybe this says something about how dilusional you are regarding asicminers value.

I never said I bought in at 5BTC, and I'm not "dilusional" about it's value, in fact, I'm quite realistic. There's no need to resort to personal attacks if you feel I have a strong argument.

There's a lot of complaining in this thread lately, which is understandable, considering large swings in stock prices can cause strong emotions.

It's not "complaining" - it's being realistic. I have no idea why you uphold Friedcat as some deity that cannot be doubted and that we should all worship and never slander. And anyway, shareholders have all the right in the world to "complain" about a company they are invested in - I was part of the original IPO and I can say whatever I want because it was partly my money that allowed Friedcat to do what he did. Most of this thread, especially in the last few weeks, is for emotional support, where you guys keep convincing each other "yeah it'll go back up! Friedcat knows everything and this was his plan! to da moon!". Friedcat is what Americans call a "one hit wonder", if that is the correct terminology.

You basically just reposted your original post without addressing any of the responses.

Again you say asicminer has no good hardware but you fail to provide a link to any competitor that supposedly is destroying asicminer. You said yourself that the network is 5/ph and where did that come from? Considering am claims to have sold 1000 th that makes 1/5th of all mining devices asicminer hardware. Bitfury/knc had like 1ph when I checked last and I'm guessing bfl contributed at least 1000 as well. So where are these superior devices?

I am not personally attacking you by saying you are delusional as you will notice you are the first one to call every asicminer investor delusional.

And no you don't have a good argument. The only person who thinks you do is yourself.

So you have 2 options: provide evidence of asicminers competitons "superior" hardware or gtfo.

[data]

I just found some new hope after I saw the original "datacenter". This new one looks much more like I expected. At least I see why the havelock prices are somewhat recovering.

[eastpk]

Donno about submerged mining but i have seen less mining from AM in these days , i hope dividends will surpass 0.001

Mining wallet @ 430 and hash rate looks rather steady to me, why are you saying that?
Or by "these days" you meant "those last weeks" ?
http://erpao.info/

- AM is mining at same TH value from summer , we have not seen a major increase , Generation2 somehow got skipped , from my point of view this is a major failure.  
- Until deployment of generation 3th, February is rumored, we will not see any mining TH+ value.
- I'm thrilled about submerged mining but until AM got the chips to fill in the space there , this investment is useless
- Mining devices are ~ 1 BTC but for how long ?
- Competition is preparing to launch this winter a major counteroffer of mining devices.

the list could go on forever

Can I ask you which competition is preparing to launch a major counteroffer? I'm not even sure what you meant by counteroffer

Thanks

EDIT: Also, if you want to see the English version of above - check the thread below:
https://bitcointalk.org/index.php?topic=346134.0
Big thank you to caoxg

[ThickAsThieves]

G.ASICMINER (Bitfunder)
The offer to convert G.ASICMINER shares is now over. If you still hold any, you will need to wait for Bitfunder to convert them to Direct Shares with Friedcat to do anything with them.

AM100 (Havelock)
The offer to convert fractional shares to AM1/Direct Shares is also over. It went well, so we may offer this option in the future again, no promises though.

TAT.ASICMINER (Bitfunder)
As soon as I can sync up with Bitfunder (this week most likely), we will also freeze TAT.ASICMINER. Any holders that haven't already migrated will be required to provide a signed message from their wallet address on file with Bitfunder.com to claim them. I will still accept migration requests for these until then.

AM1 & Direct Shares
Beginning today, all requests to convert AM1/Direct shares to will now be processed in batches, once per week.

This is being done to streamline the process and better manage expectations, since ASICMINER only processes things once per week on their end anyway.

If your request does not make it into a current week's batch, it will be processed in the next batch.

NOTE: Confirmation emails or status updates on export requests will not be provided until a request is completed.

[jimmothy]

AM100 (Havelock)
The offer to convert fractional shares to AM1/Direct Shares is also over. It went well, so we may offer this option in the future again, no promises though.

Please do. Great service. I would be willing to pay a reasonable fee per conversion if you choose to continue.

[neutralist]

 I suspect there are several very big miners who have been backed by serious money who have built and operate their own chips and tell no-one.

These entities have a name for it. It is called 國營企業.

State-owned enterprises?

Who else will have that kind of resource?

[sochee]

 I suspect there are several very big miners who have been backed by serious money who have built and operate their own chips and tell no-one.

These entities have a name for it. It is called 國營企業.

State-owned enterprises?

Who else will have that kind of resource?

Put your tinfoil hat on, I never understood why ASICMINER never said anything official about Gen 2, and then we find out it was canceled because it was "unsatisfactory".

[pptall]

Hi, I just visited ASICMINER's immersion cooling farm facility nowadays.

Please check another topic for details: https://bitcointalk.org/index.php?topic=346134.0

Please consider donate: http://dreamchina.com/projects/59666

Great news！！！！

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[tinus42]

The guy in the photo looks unhappy/reserved. Why would that be?

[Kouye]

The guy in the photo looks unhappy/reserved. Why would that be?

He also looks like he's got some sort of smashed squirrel in his left pocket.
What could that be?

[kaidy1979]

G.ASICMINER (Bitfunder)
The offer to convert G.ASICMINER shares is now over. If you still hold any, you will need to wait for Bitfunder to convert them to Direct Shares with Friedcat to do anything with them.

Hi,ThickAsThieves.
I still have some shares in bf.For some reasons I dont know,I just can log into bf.
Will the shares be converted to direct shares automatically？And when will they be converted?
Looking forward to your reply,thanks!

[caoxg]

The guy in the photo looks unhappy/reserved. Why would that be?

.... no comments ....
that is me. I was really happy & excited.

[caoxg]

The guy in the photo looks unhappy/reserved. Why would that be?

He also looks like he's got some sort of smashed squirrel in his left pocket.
What could that be?

That is my wallet ....

[realdos]

The guy in the photo looks unhappy/reserved. Why would that be?

He also looks like he's got some sort of smashed squirrel in his left pocket.
What could that be?

That is my wallet ....

really? Your wallet looks so masculine..

[Adrian-x]

The guy in the photo looks unhappy/reserved. Why would that be?

it is how Chinese like to appeared they think it looks serious.

[tinus42]

The guy in the photo looks unhappy/reserved. Why would that be?

.... no comments ....
that is me. I was really happy & excited.

So that is your happy face? I wonder what you look like when you are sad.

[BitThink]

Just wonder what's the cost of this new cooling technology. Is it just worth it to build a showcase container, or it is profitable already to build one or two more container like this. If latter (in the report, caoxg said there're some empty space there), then I think maybe it's safe to order another batch of gen1 chips.

Another batch (maybe 1TH) could be available by the end of December or early January, and then try to sell them as many as possible. If unfortunately the sales is bad, then put all the rest into the new containers built that time. With the low production cost, the ROI will be reached before the gen3 chips are ready and they can be easily thrown away to accommodate the new chips.

[canth]

The guy in the photo looks unhappy/reserved. Why would that be?

.... no comments ....
that is me. I was really happy & excited.

So that is your happy face? I wonder what you look like when you are sad.

Smiling is for tourists.

The operation looks very clean and organized - there's a lot to be said for data center operations with well designed cable runs, cooling systems, etc. They tend to run a lot more reliably than the spaghetti mess.

We're at 800 pages, btw.