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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916876 times)
KS
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March 24, 2014, 08:12:19 AM
 #18001

How does one find "some random coin" in their possession ? Cheesy
Lucky you ...

Back when TAT first announced he was handing over ownership, I panicked and sold everything on havelock and pulled out all of my funds.  Having seen that the new ownership seems to be solid and my fears were silly, and expecting news soon I activated my account.  Right after I open it up I see I have a full BTC just sitting there smiling at me, so I bought 152 shares of AM100.

I wish Havelock had dividend reinvestment... I miss that from Burnsides exchange.

Havelock has been having some issues this week-end, not sure what, but the cloudflare pages were showing frequently with "host down", "host unreachable", etc.
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March 24, 2014, 08:14:48 AM
 #18002

Thanks for update Friedcat, you see, one sentence is enough to fill a void Smiley

If somebody is interested how do they make Silicon Wafers and Computer Chips and what is the difference between wafers and engineering batch of packaged chips :

https://www.youtube.com/watch?v=aWVywhzuHnQ




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aahzmundus
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March 24, 2014, 09:28:33 AM
 #18003

Well, we now know how rockxie will be paying for all the chips! https://bitcointalk.org/index.php?topic=528464.new#new.

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March 24, 2014, 09:43:46 AM
 #18004

Well, we now know how rockxie will be paying for all the chips! https://bitcointalk.org/index.php?topic=528464.new#new.

that sounds great Cheesy
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March 24, 2014, 09:49:39 AM
 #18005

Time to do some cooking in the kitchen. Lets see those results. Thanks for update.
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March 24, 2014, 10:34:03 AM
 #18006

I keep getting this page from Havelock:
"One more step
Please complete the security check to access www.havelockinvestments.com

Why do I have to complete a CAPTCHA?
Completing the CAPTCHA proves you are a human and gives you temporary access to the web property."

And even if I complete it, after about 15 minutes it pops again when I refresh.

Anyone have the same issue?
Fabrizio89 are your ISP having shared IP's with 100's-1000's users under the same IP or are you connecting to havelock throu some proxy, that might be the reason then. CloudFlare seems to become crazier by the day.

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March 24, 2014, 10:41:04 AM
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Fabrizio89 are your ISP having shared IP's with 100's-1000's users under the same IP or are you connecting to havelock throu some proxy, that might be the reason then. CloudFlare seems to become crazier by the day.

No, ISP is not the problem and no proxy. It never happened before. Does anyone know how to change email on Havelock? Just to be safe.
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March 24, 2014, 11:37:00 AM
 #18008

https://www.havelockinvestments.com ?

Don't have a CAPTCHA but I can't always get to the login page (goes back to the front page).

That kept happening to me too. Solution, add this to your favourites: https://www.havelockinvestments.com/login.php

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March 24, 2014, 12:30:26 PM
 #18009

So what are your opinions about The ROCKMINER IPO (https://bitcointalk.org/index.php?topic=528464.0)? What do the AM shareholders think? Another AM or just one more BTC stock fizzling away?

Since there's a minimum limit of 100 shares during the IPO, has anyone thought about doing a passthrough/groupbuy? That way one wouldn't have to risk as many BTC and it could enable small investors to participate as well. The problem is, there isn't much time left. If there's no one doing this yet, and you trust me, send a short PM and let me know the amount of shares you'd be interested in. Transfer of the shares to your address after trading is enabled, if possible, or an ongoing passthrough. If there are enough people interested, we could move ahead, otherwise just forget about it immediately. Of course I'd also be willing to identify myself to some trusted member if it is feasible, in case you're worried. I'd be doing this for tips or, say, 2% of the divs in case of a PT.

I should have gotten into Bitcoin back in 1992...
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March 24, 2014, 12:38:16 PM
 #18010

So what are your opinions about The ROCKMINER IPO (https://bitcointalk.org/index.php?topic=528464.0)? What do the AM shareholders think? Another AM or just one more BTC stock fizzling away?

Since there's a minimum limit of 100 shares during the IPO, has anyone thought about doing a passthrough/groupbuy? That way one wouldn't have to risk as many BTC and it could enable small investors to participate as well. The problem is, there isn't much time left. If there's no one doing this yet, and you trust me, send a short PM and let me know the amount of shares you'd be interested in. Transfer of the shares to your address after trading is enabled, if possible, or an ongoing passthrough. If there are enough people interested, we could move ahead, otherwise just forget about it immediately. Of course I'd also be willing to identify myself to some trusted member if it is feasible, in case you're worried. I'd be doing this for tips or, say, 2% of the divs in case of a PT.

They are basically an AM subsidiary... as a large holder of AM shares I see no reason to invest, but seems like a good option for new people who are not already in AM.  People are questioning their evaluation, it seems reasonable to me.

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March 24, 2014, 01:16:06 PM
 #18011

Since there's a minimum limit of 100 shares during the IPO, has anyone thought about doing a passthrough/groupbuy? That way one wouldn't have to risk as many BTC and it could enable small investors to participate as well. The problem is, there isn't much time left. If there's no one doing this yet, and you trust me, send a short PM and let me know the amount of shares you'd be interested in. Transfer of the shares to your address after trading is enabled, if possible, or an ongoing passthrough. If there are enough people interested, we could move ahead, otherwise just forget about it immediately. Of course I'd also be willing to identify myself to some trusted member if it is feasible, in case you're worried. I'd be doing this for tips or, say, 2% of the divs in case of a PT.

Will there be a passthrough at Havelock for those of us who can't afford to spend at least 10-15 BTC on the minimum amount of 100 shares?

Yes,after IPOed.


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minerpumpkin
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March 24, 2014, 01:31:14 PM
 #18012

Since there's a minimum limit of 100 shares during the IPO, has anyone thought about doing a passthrough/groupbuy? That way one wouldn't have to risk as many BTC and it could enable small investors to participate as well. The problem is, there isn't much time left. If there's no one doing this yet, and you trust me, send a short PM and let me know the amount of shares you'd be interested in. Transfer of the shares to your address after trading is enabled, if possible, or an ongoing passthrough. If there are enough people interested, we could move ahead, otherwise just forget about it immediately. Of course I'd also be willing to identify myself to some trusted member if it is feasible, in case you're worried. I'd be doing this for tips or, say, 2% of the divs in case of a PT.

Will there be a passthrough at Havelock for those of us who can't afford to spend at least 10-15 BTC on the minimum amount of 100 shares?

Yes,after IPOed.

Yeah but at the respective share prices, which may very well be higher than the IPO price! So buying in at IPO may be the key to profit from this thing...

I should have gotten into Bitcoin back in 1992...
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March 24, 2014, 01:43:11 PM
 #18013

Does anyone know if ASICminer has an interest in the rock miner ipo besides being the supplier? Is this an expansion of the franchise model? Will AM be receiving a portion of the mining revenue? If not are AM board members involved? I'm just a little concerned that AM will have little interest in mining coins itself if the board members have a large interest in this operation and, if they do, they would have an interest in selling the chips(or giving then away) for next to cost.

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March 24, 2014, 02:19:42 PM
 #18014

This business is named after a current AM board member, so I would say current board members are involved.

This business is good for AM as it allows friedcat to focus the business and make the best chip possible.  From what I understand making the board and selling them are easier to do, but they have their own logistical issues.  I think this setup is of mutual benefit.

I do not think this will be a franchise per say, as they will be using their own boards not AM boards, just am chips.

I predict that AM will get out of mining altogether, and will move to a B2B chip seller.

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March 24, 2014, 03:06:05 PM
 #18015

It would be nice if FriedCat could clarify his view of AMs future with self mining. The original stated goal was to long term hold 10% of the network. Is this being abandoned?

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March 24, 2014, 04:15:56 PM
 #18016

This business is named after a current AM board member, so I would say current board members are involved.

This business is good for AM as it allows friedcat to focus the business and make the best chip possible.  From what I understand making the board and selling them are easier to do, but they have their own logistical issues.  I think this setup is of mutual benefit.

I do not think this will be a franchise per say, as they will be using their own boards not AM boards, just am chips.

I predict that AM will get out of mining altogether, and will move to a B2B chip seller.

How do you think this would work regarding dividends?
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March 24, 2014, 04:25:33 PM
 #18017

How do you think this would work regarding dividends?

Irregular, infrequent, and MASSIVE.  Valuing AM will become much harder then it is already, and it is currently very hard.

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March 24, 2014, 04:26:45 PM
 #18018

That's the reason I was asking. If we aren't focused on mining anymore. Revenue and then dividends will be very lumpy.

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March 24, 2014, 04:28:29 PM
 #18019

I am interested in RM's IPO. However, I am wondering if there is a interests conflicting with AM. As in RM's IPO announcement, as AM's board member, RM will buy chips from AM directly. So how the price of the chip will be decided? If the price is too low, the benefits of AM shareholders will be impaired. If the price is high, the margin of RM's profit will be low. How Rockxie or friedcat would handle this issue?
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March 24, 2014, 05:42:55 PM
 #18020

I am interested in RM's IPO. However, I am wondering if there is a interests conflicting with AM. As in RM's IPO announcement, as AM's board member, RM will buy chips from AM directly. So how the price of the chip will be decided? If the price is too low, the benefits of AM shareholders will be impaired. If the price is high, the margin of RM's profit will be low. How Rockxie or friedcat would handle this issue?

I don't think we'll know, unless FC informs the board members this side of BitFountain. We might guess it (or not) from the quarterly reports, but it's still a very opaque operation.
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