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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916343 times)
empoweoqwj
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December 16, 2013, 11:59:38 AM
 #16001

Maybe in the next set of Q's to FC we could ask if there's any progress on the Payment system and the Blockchain-based exchange, unless anyone knows something?

Good question. Completely forgot about that. But with the share price sliding towards zero, not sure FC wants to put his time into such a "small" venture ......
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empoweoqwj
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December 16, 2013, 12:01:00 PM
 #16002



Literally anything you do with btc will not yeild as much return as just holding btc due to the rapid increase in price. In terms of USD almost everyone who bought an asic or invested in asicminer came out ahead.

The reason we are seeing such a price dip is because gen2 chips from AM were skipped which lead to a long gap between new hardware. The reason it was skipped was due to unsatisfactory performance and FC believes gen3 is more promising. Also by skipping gen2, gen3 will arrive sooner.

i checked friedcats posts, and i don't see any statement where he says gen2 is skipped, etc

any link to source where it says gen 2 is stopped/skipped?

I believe it was mentioned in the interview and was confirmed by board member jutarul.

jutarul is in this forum? link?

any reason why friedcat didn't want to include update of gen2 progress(skipped or whatever) in his couple of latest updates?

edit: oh never mind, i see jutarul, lol i am red face  Embarrassed

You still talking about Gen2 ? agggh! This stuff was put to be 2 monthsa go, please Smiley

yes, i searched this forum and only see some person say, its failed,  other say its not failed, just skipped.
what i don't see is friedcat post doesnt mention what happen to gen 2

Gen2 never happened. Let's just leave it at that. If you want more, contact FC's long-promised but non-existent PR department
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December 16, 2013, 12:01:54 PM
 #16003

Maybe in the next set of Q's to FC we could ask if there's any progress on the Payment system and the Blockchain-based exchange, unless anyone knows something?

Good question. Completely forgot about that. But with the share price sliding towards zero, not sure FC wants to put his time into such a "small" venture ......

I think the point of the blockchain based exchange was so FC wouldn't have to spend so much time manually transferring shares.
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December 16, 2013, 12:03:44 PM
 #16004

A rumor...
There will be a forum organised by Zhongxing Security in Beijing on 17 Dec. FC will introduce AM to some traditional potential investors.
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December 16, 2013, 12:04:40 PM
 #16005

A rumor...
There will be a forum organised by Zhongxing Security in Beijing on 17 Dec. FC will introduce AM to some traditional potential investors.

Source?
bitmoon
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December 16, 2013, 12:10:08 PM
 #16006



Gen2 never happened. Let's just leave it at that. If you want more, contact FC's long-promised but non-existent PR department

its ok, jutarul answered me
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December 16, 2013, 12:11:51 PM
 #16007

A rumor...
There will be a forum organised by Zhongxing Security in Beijing on 17 Dec. FC will introduce AM to some traditional potential investors.
Source?

It's a rumor..
Someone have received the invitation letters and posted it on QQ group.
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December 16, 2013, 12:13:51 PM
 #16008

A rumor...
There will be a forum organised by Zhongxing Security in Beijing on 17 Dec. FC will introduce AM to some traditional potential investors.
Source?

It's a rumor..
Someone have received the invitation letters and posted it on QQ group.

Sounds plausible.

Quote
- What will happen after all cubes are sold? Will there be anything coming between now and the first Gen 3 deployment?  During pre-production and production of the Gen3, most of our time will be spent on negotiating large chip orders (from us) and locating large-scale mining farm operations.
empoweoqwj
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December 16, 2013, 12:29:23 PM
 #16009

A rumor...
There will be a forum organised by Zhongxing Security in Beijing on 17 Dec. FC will introduce AM to some traditional potential investors.
Source?

It's a rumor..
Someone have received the invitation letters and posted it on QQ group.

Being approached by potential investors ...... Intel anyone?
bitmoon
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December 16, 2013, 12:46:01 PM
 #16010

whats up with havelock, it doesn't load the page.

offline/down?
empoweoqwj
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December 16, 2013, 12:48:20 PM
 #16011

whats up with havelock, it doesn't load the page.

offline/down?

Down for me. Wouldn't stress on it. Goes down every couple of weeks but never for very long.
aahzmundus
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December 16, 2013, 01:48:39 PM
 #16012

Up now for me: AM1 at 2.5 AM100 at .0024.

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December 16, 2013, 01:49:27 PM
 #16013

AM1 at 2.5
If only...

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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December 16, 2013, 01:56:26 PM
 #16014

LOLZ yeah... messed that one up!  .25

My brain is still used to share prices a... little higher then they are now it seems.

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December 16, 2013, 01:58:29 PM
 #16015

LOLZ yeah... messed that one up!  .25

My brain is still used to share prices a... little higher then they are now it seems.
http://en.wikipedia.org/wiki/Freudian_slip

It can happen also when typing... I often laugh when I type "lsd" instead of "ls" on linux  Cheesy

We will be back up there one day!

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
VeeMiner
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December 16, 2013, 02:11:45 PM
Last edit: December 16, 2013, 02:27:13 PM by VeeMiner
 #16016

Up now for me: AM1 at 2.5 AM100 at .0024.

would be nice if AM1 was for 2.5 BTC Smiley I am an optimistic person but I don't think that we will see this number again Smiley
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December 16, 2013, 04:07:53 PM
 #16017

Can someone tell me why friedcat is no longer processing AM transfers?

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December 16, 2013, 04:09:06 PM
 #16018

Wouldn't potential investors dilute AM-share profits/dividends? Or is this a good thing (stability, bigger ventures,...)?

I should have gotten into Bitcoin back in 1992...
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December 16, 2013, 04:12:02 PM
 #16019

Wouldn't potential investors dilute AM-share profits/dividends? Or is this a good thing (stability, bigger ventures,...)?

Depends on what they are investing in.  Right now the BTC community sees little reason to invest in AM because they basically aren't performing, so curious to see why others would pile money into this venture right now.
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December 16, 2013, 05:05:59 PM
 #16020

Wouldn't potential investors dilute AM-share profits/dividends? Or is this a good thing (stability, bigger ventures,...)?

No. It says so right on the first page of this thread. AM shareholders are exempt from dilution.
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