ASICMINER: Entering the Future of ASIC Mining by Inventing It

[ning]

Update

The chips passed the functionality tests.

Thank you, Friedcat and other ASICMINER engineers.

[Zubilica]

Does the first round of testing come close to estimations ?

[Fabrizio89]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

[novusordo]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

...you people do realize that Bitfountain holds over 200,000 shares, right?

[ujka]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

...you people do realize that Bitfountain holds over 200,000 shares, right?

there were 26 btc for last week divs.
Let FC and team have a fun night out.

[minerpumpkin]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

...you people do realize that Bitfountain holds over 200,000 shares, right?

So they'd have 1/3 more... 4300 US$ usually nicens up a night a lot *woopWoop*

[aahzmundus]

Trying to buy more shares on havelock, I think they need a few more servers...

In the mean time I am celebrating with some good music: https://www.youtube.com/watch?v=fZfg1Gtcg08

As far as last weeks dividends are, there are contractual obligations to consider.  Although I trust FC (although I do have a tenancy to panic) there is something to be said for how long he has kept to a specific schedule, until recently.  Trustworthy people in bitcoin are hard to come by, and it is these little details that matter.

Some large holders may be looking to diversify after the first few big payments of divs, and try to sell off some shares.  This little, but recent, blemish on the record may have an impact on people being able to sell shares.

But all and all... FRIEDCAT FOR PRESIDENT!

[VolanicEruptor]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

[xiaoma9hao]

 great job!

[minerpumpkin]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

Well, actually, is it just me or is Havelock barely moving? I can only see 8 trades since the announcement, and one of them sold some shares

[klondike_bar]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

The best part is that yesterday i got an email from havelock to inform me that a purchase order at 0.0056 had been filled after sitting and waiting for at least 2 weeks

[vortex1878]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

Well, actually, is it just me or is Havelock barely moving? I can only see 8 trades since the announcement, and one of them sold some shares

Well... The trading page is not loading completely (at least for me). I don't get to the order mask.

And that sale... I guess somebody was so excited that by mistake he sold instead of buying.

[minerpumpkin]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

Well, actually, is it just me or is Havelock barely moving? I can only see 8 trades since the announcement, and one of them sold some shares

Well... The trading page is not loading completely (at least for me). I don't get to the order mask.

And that sale... I guess somebody was so excited that by mistake he sold instead of buying.

Yeah, it's definitely lagging! It seems it just needs some time, so don't hit reload prematurely! (I just want everyone to be able to buy, I've already finished my portfolio over the past couple of months and am now raving around my apartment)

[necro_nemesis]

Cloudflare has had issues not to mention being the target in the past of a massive DDoS attack. I'm thinking the trouble lies somewhere within them.

[arousedrhino]

Trying to buy more shares on havelock, I think they need a few more servers...

In the mean time I am celebrating with some good music: https://www.youtube.com/watch?v=fZfg1Gtcg08

As far as last weeks dividends are, there are contractual obligations to consider.  Although I trust FC (although I do have a tenancy to panic) there is something to be said for how long he has kept to a specific schedule, until recently.  Trustworthy people in bitcoin are hard to come by, and it is these little details that matter.

Some large holders may be looking to diversify after the first few big payments of divs, and try to sell off some shares.  This little, but recent, blemish on the record may have an impact on people being able to sell shares.

But all and all... FRIEDCAT FOR PRESIDENT!

Where in the prospectis does it state wed divs? I looked and cannot find it. Its states that dividens from the profits will be paid to shareholders with no specificity of the day.

[VolanicEruptor]

there is definitely action with havelock, cloudflare is just showing an old cached version.  Make sure to click "retry to live site".  Once in awhile it works.

[nycgoat]

Thanks for the update friedcat, looking forward to hearing more.

Keep up the good work.

[ujka]

...
Where in the prospectis does it state wed divs? I looked and cannot find it. Its states that dividens from the profits will be paid to shareholders with no specificity of the day.

Back from GLBSE days:

About the Company
ASICMINER is a GLBSE-listed partner company of the
Bitfountain IC company registered in China. After the fully issuing of
ASICMINER shares, each one of ASICMINER and Bitfountain controls 50% power to
make decisions and shares 50% of the total profits, but the ASICMINER investors
will first get 100% of the total profits until they have their principals paid
back. After the first payment, the dividends will always be paid weekly in each
Wednesday of Beijing time.

[dexX7]

Can somebody explain what the functionality tests are?
And What's the next?

They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)

[KS]

nubbins?