empoweoqwj
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December 07, 2013, 05:18:11 PM |
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I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April? They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them. Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ......
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aahzmundus
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December 07, 2013, 07:45:53 PM |
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Hopefully they are setting up the spaces for Gen3. Gen1 ran into the issue of us having the hardware but no place to put it, this is one of the reasons (I believe) franchising and sales started.
With more lead time, and some experience under the belt, I would imagine we are accounting for this.
Or in other words... it is going to be a long 3 months.
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ThunderSheep
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The sheep who walks through walls.
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December 07, 2013, 08:32:35 PM |
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I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April?They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them. Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ...... If you guys get a reasonable list of such unanswered questions together, I'd be glad to present them to FC.
This has been the case since the first poll.
Going over the posts since the last official update on November 22, I've compiled the following list. - When can we expect an official public relations appointment and what channels will be used to announce information?
- What is the size of the first Gen 3 deployment and when is it expected?
- How will Gen 3 be divided between mining, franchising and hardware sales?
- What process size does Gen 3 use?
- What will happen after all cubes are sold? Will there be anything coming between now and the first Gen 3 deployment?
- Have dividends been paid out to shareholders for the cube sales yet?
That question has already been submitted to Friedcat by ThickAsThieves. Personally, I'm quite interested to know the answer to this, as well. Edit: I don't expect to receive an answer before the regular update on the 22nd or 23rd of the month.
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ThickAsThieves
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December 07, 2013, 09:25:01 PM |
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I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April?They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them. Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ...... If you guys get a reasonable list of such unanswered questions together, I'd be glad to present them to FC.
This has been the case since the first poll.
Going over the posts since the last official update on November 22, I've compiled the following list. - When can we expect an official public relations appointment and what channels will be used to announce information?
- What is the size of the first Gen 3 deployment and when is it expected?
- How will Gen 3 be divided between mining, franchising and hardware sales?
- What process size does Gen 3 use?
- What will happen after all cubes are sold? Will there be anything coming between now and the first Gen 3 deployment?
- Have dividends been paid out to shareholders for the cube sales yet?
That question has already been submitted to Friedcat by ThickAsThieves. Personally, I'm quite interested to know the answer to this, as well. Edit: I don't expect to receive an answer before the regular update on the 22nd or 23rd of the month. The questions were all fielded by Friedcat and he knows how he wants to answer. Still awaiting his post though.
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FWGR
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December 08, 2013, 09:49:28 PM |
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Update
PR & Communications We understand that transparency and communication to shareholders and the public needs improvement. We are in the process of identifying a dedicated employee for this. We will issue bi-weekly reports for shareholders and improve response time for questions.
Has somebody been designated for this position yet? When can we expect these bi-weekly reports to begin?
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ThunderSheep
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The sheep who walks through walls.
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December 08, 2013, 10:20:15 PM |
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Have a look at the post immediately above yours.
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FWGR
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December 08, 2013, 10:25:12 PM |
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Have a look at the post immediately above yours.
... .... No, that's just what they'd be expecting us to do. My bad, sorry.
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ThunderSheep
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The sheep who walks through walls.
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December 08, 2013, 10:39:42 PM |
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Lol. No worries.
I hope the PR appointee knows better than to use terms like bi-weekly. That's just going to lead to confusion amongst the shareholders about whether updates should be every two weeks or twice a week. Only in the world of Bitcoin would I expect that to be a problem. Personally, I'd like to see Jutarul get the job. Even when things are most heated and the attacks get personal, he or she always posts calmly and rationally and the posts are clear and intelligent.
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FWGR
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December 08, 2013, 10:53:38 PM |
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Well, as long as they abide by it that's fine. Bi-weekly would have made last Friday, the 6th, the date that an update should be posted. I was actually taking that into consideration while making trades, which is why I wish they'd stick to the numbers with updates when they use terms like that. That said, I am pretty embarrassed that I didn't notice that question on the list above my post.
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stripykitteh
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December 08, 2013, 11:45:39 PM |
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I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April? They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them. Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ...... I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH. Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months.
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vortex1878
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December 09, 2013, 03:07:50 AM |
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Apart from that your calculations are wrong everywhere (no I don't care to give details as just everything is wrong) - I cannot believe you actually ask the question if AM really kept enough BTC to cover future costs. Did you see the financial report? Rhetorical question. I was used to a much higher quality of your posts. Do you try to buy in cheap with such a pathetic approach? FUD galore... I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April? They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them. Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ...... I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH. Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months.
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stripykitteh
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December 09, 2013, 03:54:45 AM |
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Apart from that your calculations are wrong everywhere (no I don't care to give details as just everything is wrong) - I cannot believe you actually ask the question if AM really kept enough BTC to cover future costs. Did you see the financial report? Rhetorical question. I was used to a much higher quality of your posts. Do you try to buy in cheap with such a pathetic approach? FUD galore... I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April? They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them. Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ...... I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH. Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months. I'm not here for public adulation, so tell me, do you disagree with my conclusion, i.e., tiny profits December-April? If you do, I'd love to hear your argument.
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empoweoqwj
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December 09, 2013, 05:35:33 AM |
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Lol. No worries.
I hope the PR appointee knows better than to use terms like bi-weekly. That's just going to lead to confusion amongst the shareholders about whether updates should be every two weeks or twice a week. Only in the world of Bitcoin would I expect that to be a problem. Personally, I'd like to see Jutarul get the job. Even when things are most heated and the attacks get personal, he or she always posts calmly and rationally and the posts are clear and intelligent.
By "bi-weekly" FC definitely meant "every 2 weeks" but yes, it is ambiguous phrasing for sure. I expect the PR appointee to be someone fluent in Chinese and English, and work within the AM organization itself. Just hope FC can find the time to find someone
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Blockhead
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December 09, 2013, 06:31:34 AM |
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I believe bi-weekly means once every two weeks. If it were going to be twice per week that would be semi-weekly. Sorry for bringing it up, though.
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vortex1878
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December 09, 2013, 01:10:36 PM |
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I do disagree. E.g. we have not received the sales of the Cubes as dividends. That those are held back for future costs I consider highly unlikely - as the bankroll for that is massive already. So it looks like those sales are held back to be stretched over next dividends. Although I have to say that this would be contradicting friedcat's previous statement that income will not be held back (other than to cover future cost) as he leaves it up to the shareholders to decide what to do with their BTC. Apart from that your calculations are wrong everywhere (no I don't care to give details as just everything is wrong) - I cannot believe you actually ask the question if AM really kept enough BTC to cover future costs. Did you see the financial report? Rhetorical question. I was used to a much higher quality of your posts. Do you try to buy in cheap with such a pathetic approach? FUD galore... I'm wondering what AM can do to "fill the void" before Gen3 in March or more likely April? They've done 1D (USB stick) ,2D (blades), and 3D (cubes) to keep the income coming in with old technology. What's next? More cubes or .... something in 4D perhaps? 4th dimension is time right, so the solution is obviously a time machine to travel 4 months forward to April and get the Gen3 chips populating their lovely new wet datacenter If anyone has any sensible suggestions for how AM will fill the 4-month void, love to hear them. Would put it forward as a question to AM but questions to AM end up in the void as well unfortunately ...... I think they're stuck with the tech they've got until April. I recall reading something ages ago that their own cost to manufacture was something like $10K/TH. If we assume an average price of $500/btc over the next few months and plug the numbers in that's a manufacturing cost of 0.02btc/GH. Perhaps that manufacturing cost is wrong or perhaps they put in a big order and got a volume discount, but I don't think there's a lot of margin left in the current tech if the Cube is priced at ~0.06btc/GH. Hopefully they've already withheld enough profits that their NRE costs for Gen 3 are covered as I don't see huge profits ahead in the next few months. I'm not here for public adulation, so tell me, do you disagree with my conclusion, i.e., tiny profits December-April? If you do, I'd love to hear your argument.
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merv77
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December 09, 2013, 03:10:31 PM |
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I not sure if this where I should be posting this... does ASICMiner/friedcat have any plans to produce another USB miner (gen 3).?? We really need ASICMiner to show the world how it's done. just one more time at least, everyone's screaming for more USB miners. And you'll make a pretty penny out of it guaranteed
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minerpumpkin
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December 09, 2013, 03:24:14 PM |
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I not sure if this where I should be posting this... does ASICMiner/friedcat have any plans to produce another USB miner (gen 3).?? We really need ASICMiner to show the world how it's done. just one more time at least, everyone's screaming for more USB miners. And you'll make a pretty penny out of it guaranteed No one knows for sure (except for FC or maybe board members) But I think it's a rather safe bet to expect a new generation of USB miners to hit the shelves some time in March-May next year. From the estimated/simulated chip specs I expect them to achieve about 35 GH/s. But keep in mind this is pure speculation based on vague announcements made by FC.
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I should have gotten into Bitcoin back in 1992...
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merv77
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December 09, 2013, 04:17:27 PM |
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I not sure if this where I should be posting this... does ASICMiner/friedcat have any plans to produce another USB miner (gen 3).?? We really need ASICMiner to show the world how it's done. just one more time at least, everyone's screaming for more USB miners. And you'll make a pretty penny out of it guaranteed No one knows for sure (except for FC or maybe board members) But I think it's a rather safe bet to expect a new generation of USB miners to hit the shelves some time in March-May next year. From the estimated/simulated chip specs I expect them to achieve about 35 GH/s. But keep in mind this is pure speculation based on vague announcements made by FC. thanks for that little bit of hope, even it it's speculation. any board members that read this... tell friedcat we need them yesterday...! Cheers
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apollojmr
Sr. Member
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The Power Of The Coin Is Awesome!!
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December 09, 2013, 04:49:24 PM |
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I think that dividend day would be a great day to address the shareholders about what is up. I am anxiously awaiting the news of this best mining company in the world.
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What you think you become. Bitrated user: apollojmr.
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