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necro_nemesis
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March 03, 2014, 02:38:17 PM |
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Thanks for the clarification on distribuition of shares. Seen 163,962 + 236,038 = 400,000.
40/60% split with Bitfountain having controlling interest.
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whalezy
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Activity: 103
Merit: 10
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March 03, 2014, 05:03:28 PM |
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News from a Chinese miner forum:http://cybtc.com/article-655-1.html
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
The sample miner will be availble in April and the chips would be AM's Gen3.
specification: AM gen3 chips, 40nm, 1TH, 500W.
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rudi
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March 03, 2014, 05:09:08 PM |
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specification: AM gen3 chips, 40nm, 1TH, 500W.
So more than twice the power efficiency of the closest competitor? Wow! |
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Kosmatos
Member
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Activity: 101
Merit: 10
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March 03, 2014, 05:37:39 PM |
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News from a Chinese miner forum:http://cybtc.com/article-655-1.html
Google Translate brings up information about a 'roast cat'.  |
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Zubilica
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March 03, 2014, 05:43:26 PM |
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Kamoom . First asic mining are already leased or deployed , we all have seen the the network test a few days ago  ) |
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minerpumpkin
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March 03, 2014, 06:27:07 PM |
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From the translation of http://cybtc.com/article-655-1.html: he has created a baked cat mining machine If I didn't knew what they're talking about, I'd now be worried... |
I should have gotten into Bitcoin back in 1992...
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Chris_Sabian
Legendary
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Activity: 896
Merit: 1001
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March 03, 2014, 06:32:08 PM |
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News from a Chinese miner forum:http://cybtc.com/article-655-1.html
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
The sample miner will be availble in April and the chips would be AM's Gen3.
specification: AM gen3 chips, 40nm, 1TH, 500W.
I would like to purchase 4 of them... |
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Teodor
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March 03, 2014, 06:36:23 PM |
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News from a Chinese miner forum:http://cybtc.com/article-655-1.html
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
The sample miner will be availble in April and the chips would be AM's Gen3.
specification: AM gen3 chips, 40nm, 1TH, 500W.
I would like to purchase 4 of them... Now I can buy 1.2TH machine with 28nm Bitmine A1 chips for the price of 4800$, so depends of their prices... |
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chriswilmer
Legendary
Offline
Activity: 1008
Merit: 1000
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March 03, 2014, 06:38:15 PM |
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News from a Chinese miner forum:http://cybtc.com/article-655-1.html
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
The sample miner will be availble in April and the chips would be AM's Gen3.
specification: AM gen3 chips, 40nm, 1TH, 500W.
I would like to purchase 4 of them... Now I can buy 1.2TH machine with 28nm Bitmine A1 chips for the price of 4800$, so depend of the prices... What's the power rating on one of those? |
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Fabrizio89
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March 03, 2014, 07:22:36 PM |
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Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
I don't really get the implications of this. |
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freedomno1
Legendary
Offline
Activity: 1848
Merit: 1096
Learning the troll avoidance button :)
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March 03, 2014, 07:35:43 PM |
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I love AM translations &_& But let us bake cats in a mining machine in particularly inside a small baked cat strong mining machine using third-generation 40nm chip lol Man I love these translations at times though XD We are the baked cat talk forum guys ^_^ January 29, 2014 baked cat talk Forum announced the third generation of chip news. |
Believing in Bitcoins and it's ability to change the world
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Teodor
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March 03, 2014, 07:39:59 PM |
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Now I can buy 1.2TH machine with 28nm Bitmine A1 chips for the price of 4800$, so depend of the prices...
What's the power rating on one of those? Quite high  System specifications Power consumption: 1 Watt/GH PSU: 2 x High Performance 750W Power Supply Hope AsicMiner will be much better with lower consumption...  |
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BuildTheFuture
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March 03, 2014, 09:05:58 PM |
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Have they announced who is going to distribute their products for the US?
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jimmothy
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March 03, 2014, 09:45:10 PM |
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Have they announced who is going to distribute their products for the US?
Will likely be many places. AM said they would only sell small batches of working miners and mostly focus on chip sales. So we will probably see a bunch of miners using their chips. For the small batches I have no idea how they will be distributed. They seem to just randomly pop up. The cube was first seen on wtcr.ca and taobao so who knows. |
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aahzmundus
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March 03, 2014, 11:25:47 PM |
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Needless to say my summary is going to be a bit late, other things got in the way and I underestimated the task of going through all the information available. Going through friedcat's posts chronologically has however lead me to understand an interesting story about how he got to where he was, first just looking at and evaluating mining bonds, to offering a kind of mining security comprised of different assets listed on GLBSE to then finally starting up his own company with some friends. Obviously there is more to it then that, but if anyone is bored I would highly encourage reading some old posts and seeing this story unfold for yourself.
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minerpumpkin
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March 04, 2014, 01:18:37 AM |
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Needless to say my summary is going to be a bit late, other things got in the way and I underestimated the task of going through all the information available. Going through friedcat's posts chronologically has however lead me to understand an interesting story about how he got to where he was, first just looking at and evaluating mining bonds, to offering a kind of mining security comprised of different assets listed on GLBSE to then finally starting up his own company with some friends. Obviously there is more to it then that, but if anyone is bored I would highly encourage reading some old posts and seeing this story unfold for yourself.
Awaiting your summary, looking forward to it! Yeah, friedcat's posts are interesting, unfortunately there's fewer and fewer material coming up the last months. |
I should have gotten into Bitcoin back in 1992...
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necro_nemesis
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March 04, 2014, 01:58:42 AM |
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Sounds like he has a lot of irons in the fire. I'm sure when there's something significant to report it will be reported. Until then there's probably no merit other than pacifying the rest of us.
It would be beneficial to have a synopsis of how we arrived at this point for sure.
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freedomno1
Legendary
Offline
Activity: 1848
Merit: 1096
Learning the troll avoidance button :)
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March 04, 2014, 02:00:26 AM |
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Needless to say my summary is going to be a bit late, other things got in the way and I underestimated the task of going through all the information available. Going through friedcat's posts chronologically has however lead me to understand an interesting story about how he got to where he was, first just looking at and evaluating mining bonds, to offering a kind of mining security comprised of different assets listed on GLBSE to then finally starting up his own company with some friends. Obviously there is more to it then that, but if anyone is bored I would highly encourage reading some old posts and seeing this story unfold for yourself.
I've done that myself before its quite the fun past time if you feel like reading the history  |
Believing in Bitcoins and it's ability to change the world
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romerun
Legendary
Offline
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
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March 04, 2014, 03:00:38 AM |
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TL;DR he is solid trustworthy
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Franktank
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March 04, 2014, 04:53:37 AM |
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TL;DR he is solid trustworthy
I don't think anyone here who has held shares would disagree but this isn't about that. IPO investors who entrusted him with 500 BTC (~$5000 at the time) for a board seat (5000 shares) are now millionaires, go back and read that for yourselves. However, the question that many people here (speculators and soon-to-be shareholders) are wondering: Q: Is it more profitable to 1) just hold BTC 2) spend BTC to buy mining gear that is "ahead of the curve" 3) spend BTC to buy shares in mining company that develops and sells their own hardware It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC. |
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