ASICMINER: Entering the Future of ASIC Mining by Inventing It

[empoweoqwj]

have the divs been paid out at havelock yet? I didn't get mine.

As soon as they are, yield (as displayed on Havelock) will drop significantly and we will see the real panic selling.  Those who sold out already (today) are the smart ones.

No, not been sent out.

I doubt we'll see panic selling but I'm normally wrong about these things!

[bitcoin.newsfeed]

So guys ... sorry I must ask here, because we still don't have "support forum" nor any site ... how are you transferring shares right now? I created new cold storage wallet and initiated share transfer more than 2 weeks ago ... i sent signed message to fnnirvana@gmail.com ... and still nothing. I was thinking that Friedcat is managing share transfers once per week, but its not true anymore? Seems like abandoned wasteland there. No messages, no updates, no actions, no responses, from him or board ... is the captain still on ship?

[empoweoqwj]

So guys ... sorry I must ask here, because we still don't have "support forum" nor any site ... how are you transferring shares right now? I created new cold storage wallet and initiated share transfer more than 2 weeks ago ... i sent signed message to fnnirvana@gmail.com ... and still nothing. I was thinking that Friedcat is managing share transfers once per week, but its not true anymore? Seems like abandoned wasteland there. No messages, no updates, no actions, no responses, from him or board ... is the captain still on ship?

Wasteland is a good word at the moment ..... I'm not a panic seller, promised myself to hold out for Gen3, but unless we hear from FC soon I'm seriously going to consider it. We have no idea what is going on.

Actually had a dream last night where AM shareholders were holding a video conference with FC and communication was happening. I don't normally dream about financial stuff, much more of a perv than that my sub-conscious is sending me signals .......

[bitdude]

So guys ... sorry I must ask here, because we still don't have "support forum" nor any site ... how are you transferring shares right now? I created new cold storage wallet and initiated share transfer more than 2 weeks ago ... i sent signed message to fnnirvana@gmail.com ... and still nothing. I was thinking that Friedcat is managing share transfers once per week, but its not true anymore? Seems like abandoned wasteland there. No messages, no updates, no actions, no responses, from him or board ... is the captain still on ship?

The communication from FC was just OK for me a couple of weeks ago. I used PM on this forum, not email, however.

[BitHub]

over on reddit they're saying that friedcat got arrested by the Chinese police last week and is trying to post bail and that gen 3 isn't happening. Is this true?

[ujka]

over on reddit they're saying that friedcat got arrested by the Chinese police last week and is trying to post bail and that gen 3 isn't happening. Is this true?

And still friedcat logged in this forum yesterday.   

[ujka]

And sent divs out.

Should I... stop feed the...

[empoweoqwj]

over on reddit they're saying that friedcat got arrested by the Chinese police last week and is trying to post bail and that gen 3 isn't happening. Is this true?

And still friedcat logged in this forum yesterday.   

Please don't even quote the trolls. They need strangling at birth

[101111]

over on reddit they're saying that friedcat got arrested by the Chinese police last week and is trying to post bail and that gen 3 isn't happening. Is this true?

And still friedcat logged in this forum yesterday.   

Please don't even quote the trolls. They need strangling at birth

I'm not sure what's worse, the trolls or the primedice shills.

[minerpumpkin]

So guys ... sorry I must ask here, because we still don't have "support forum" nor any site ... how are you transferring shares right now? I created new cold storage wallet and initiated share transfer more than 2 weeks ago ... i sent signed message to fnnirvana@gmail.com ... and still nothing. I was thinking that Friedcat is managing share transfers once per week, but its not true anymore? Seems like abandoned wasteland there. No messages, no updates, no actions, no responses, from him or board ... is the captain still on ship?

Actually had a dream last night where AM shareholders were holding a video conference with FC and communication was happening. I don't normally dream about financial stuff, much more of a perv than that my sub-conscious is sending me signals .......

How did he look like?

[empoweoqwj]

over on reddit they're saying that friedcat got arrested by the Chinese police last week and is trying to post bail and that gen 3 isn't happening. Is this true?

And still friedcat logged in this forum yesterday.   

Please don't even quote the trolls. They need strangling at birth

I'm not sure what's worse, the trolls or the primedice shills.

Sorry you don't like my sig dude but last time I checked, as an ASICMINER shareholder I have a right to post my opinions on this thread.

[aahzmundus]

Sorry you don't like my sig dude but last time I checked, as an ASICMINER shareholder I have a right to post my opinions on this thread.

I do believe posting here is a privilege... (Now to see how people feel about JD)

I am really tempted to sell my shares and buy back in a month and a half in an attempt to double my holdings.  The thing that is convincing me not to is how strong most of the hands that hold AM are.  Very few shares relative to the total number ever really change hands lately, gone are the days of several hundred share auctions.

[101111]

over on reddit they're saying that friedcat got arrested by the Chinese police last week and is trying to post bail and that gen 3 isn't happening. Is this true?

And still friedcat logged in this forum yesterday.   

Please don't even quote the trolls. They need strangling at birth

I'm not sure what's worse, the trolls or the primedice shills.

Sorry you don't like my sig dude but last time I checked, as an ASICMINER shareholder I have a right to post my opinions on this thread.

I don't care one way or the other about the sig, it's the frequency, you've become very chatty since you started getting paid to post, but wtf, spam away, 

[Lohoris]

I am really tempted to sell my shares and buy back in a month and a half in an attempt to double my holdings

I'm not following.

Either gen3 is successful or it isn't.
If it isn't, value will drop massively and might kill the company: buying them back will get you likely worthless shares.
If it is, value will go up: selling now and buying them back later might halve, rather than double, your holdings.

[ujka]

Maybe the reasoning goes like this:
sell shares now
in a month divs will be almost nil, and gen3 hardware still not there
share price dropping all that time
buy in more shares

Just the timming must be right.

[hdbuck]

Maybe the reasoning goes like this:
sell shares now
in a month divs will be almost nil, and gen3 hardware still not there
share price dropping all that time
buy in more shares

Just the timming must be right.

yup thats exactly what i was thinking lately. but i fear high speculation over these shares. it recently went back from 0,25BTC to 0,75BTC with no news and everlasting divs drop. some scheduled annoucement was enough to make such surge so i am quite afraid of what may happen once FC comes by to say hi.

[dmcdad]

The shareholders in AM right now aren't in it for short term dividends. They are waiting on gen3. Dividends can go to 0 for a few months and that won't change their perceived value of AM.

As I have said before, bottom fishing this one is tricky. If there is no news from FC for the next month or two then folks will start to panic (as BitHub and friends crank up the FUD) and the price will drift downward. But if FC posts some positive updates between now and chip rollout then the price will continue to be between 0.5 and 1.0 until gen3 is released (then it will go 1.0+). The bottom might very well have already occurred weeks ago around 0.3.

[bitcoin.newsfeed]

The shareholders in AM right now aren't in it for short term dividends. They are waiting on gen3. Dividends can go to 0 for a few months and that won't change their perceived value of AM.

+1, no point to sell now, before gen3 ... after all of this ... 80% loss is the same as 100% loss at least for me ... but potential future gains are massive.

[finlof]

So guys ... sorry I must ask here, because we still don't have "support forum" nor any site ... how are you transferring shares right now? I created new cold storage wallet and initiated share transfer more than 2 weeks ago ... i sent signed message to fnnirvana@gmail.com ... and still nothing. I was thinking that Friedcat is managing share transfers once per week, but its not true anymore? Seems like abandoned wasteland there. No messages, no updates, no actions, no responses, from him or board ... is the captain still on ship?

yeah i did a 7+3 share transfer to 2 different addresses by using PM here (included signed messages for the 2 addresses I was transferring from).  took 1 1/2 weeks.  he PM'd me back before last week's dividend saying it was completed.

[blunthammer]

New to the thread. I am a data center guy. I know containers and sold one to NASA in 2009. I know data centers and the companies who own and run them. I have started two of them, one funded the other not.

I wanted to interject something as it relates to the overall solution - finding a place that can and will take a container, back it with an SLA you can get at another 'traditional' facility, and deploy it is VERY tricky. I know this because I spent most of 2013 building the business plan, team, four sites, and facilities to build a container data center. I ran out of money before we got live, but here is what I can share based on that year long experience:

The dividing line between a high density facility and 'you're full of sh*t when you say you're that dense' is 30Kw/cabinet. I spent $10,000 to have a third party who does a lot of market research for Dell validate this with 26 'high density' providers in 4 states where I wanted to put these facilities.

Liquid cooling is absolutely an option in the short term, but the back of house operations, maintenance and servicing the tanks increased the points of failure (risk). Techs don't like dressing up in aprons, gloves, and getting greasy and walking on slippery soles either.

The solution we designed cost $6M/MW (building, mech/elec, container, TI's all in) and cool 34KW/rack and 600Kw of actual critical load (750Kw capacity) on a site with a 1.3 PUE. Cooling towers + containers, traditional UPS. Concurrently maintainable.

The customer base were movie studios, geospatial, and HPC customers. About 2% of the overall data center market. I had not looked at bitcoin miners yet.

I love that there are companies building out integrated stacks (hardware, software, containers), the challenges will be delivering the reliability we have come to expect from a Tier III/concurrently maintainable facility:

Carrier density to mirror other transactional standards (<100ms)
Security - physical
Compliance - customers buy risk, compliance (right or wrong) provides standards
Reliable efficient power acquisition and distribution within the site
Managed buildings/sites who understand containers (offloading, landing, testing, commissioning)
Lease terms flexible enough to handle increasing or varying densities, dedicated infrastructure adds, moves, etc. to align with hardware cycles
Geographic diversity with a vendor who understands the above

You may think 'all of this non technical stuff doesn't matter' but  has for 30 years in the data center industry and while there may be a higher risk tolerance at the outset, that will evaporate with the first financial or technical hiccup or crater that happens. Don't fight the mindset, exploit it.

The end game is a well designed and optimized facility or facilities that can handle the flexibility and changes that are inherent with the guts of a miner - the hardware and the things that happen on it.

mark at blunthammer is the best way to get me if you want to do a deep dive on any of this.