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hlynur
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March 29, 2014, 07:11:11 PM |
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Update
The chips passed the functionality tests.
nice one! Kudos to friedcat and the whole team. Keep it up and don't forget to celebrate. |
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arousedrhino
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March 29, 2014, 08:13:21 PM |
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...
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. Thanks, is that still available in full somewhere to read? |
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vortex1878
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March 29, 2014, 08:27:10 PM |
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Page 1. *facepalm*
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KS
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March 29, 2014, 10:13:13 PM
Last edit: March 29, 2014, 10:25:15 PM by KS |
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<SNIP>
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.
</SNIP>
Quoted as per post 940 @arousedrhino: it's not the first post. Click on the "quote from..." links to get to the right message (but you know that). |
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SmiGueL
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March 29, 2014, 10:54:57 PM
Last edit: March 30, 2014, 12:21:50 AM by SmiGueL |
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Thanks for the update friedcat!  @ dividend whiners ^^ Don't you think friedcat has something better to do than sending a few satoshis to everyone ??....
If you really think that it HAS to be paid 'because it's in the startpost'
The startpost sais: "The income, including mining income, sales via Bitcoins, and fiat income transferred to Bitcoins, are paid to ASICMINER and Bitfountain shareholders proportionally after the ASICMINER shares are paid by 0.1BTC each from the day when dividends began to be paid, when maintainance costs, labor costs, and R&D costs are taken."
So technically the wallet address coins aren't dividends, until Bitfountain decides that they aren't gonna be used for maintenance/labor/R&D.
So please stop this discussion and let's just wait for what's gonna happen in the next weeks/months.
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freedomno1
Legendary
 Offline
Activity: 1848
Merit: 1096
Learning the troll avoidance button :)
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March 29, 2014, 11:00:14 PM |
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Update
The chips passed the functionality tests.
Great to hear Friedcat it mean's we are officially in the clear for production 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)
Ignores the redundancy and says Boom Baby Explode those chips  |
Believing in Bitcoins and it's ability to change the world
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aahzmundus
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March 29, 2014, 11:10:55 PM |
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So technically the wallet address coins aren't dividends, until Bitfountain decides that they aren't gonna be used for maintenance/labor/R&D. So please stop this discussion and wait for what's gonna happen in the next weeks/months. You have a good point... Also friedcat probably just wanted your estimate to be REALLY off just to stick it to you. |
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arousedrhino
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March 29, 2014, 11:27:40 PM |
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<SNIP>
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.
</SNIP>
Quoted as per post 940 @arousedrhino: it's not the first post. Click on the "quote from..." links to get to the right message (but you know that). That quote is from his first post the time and date match up and that is where you are taken when you click the link. The first post no longer says Wednesday dividends but a quote by another member of his first post does. |
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freedomno1
Legendary
Offline
Activity: 1848
Merit: 1096
Learning the troll avoidance button :)
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March 29, 2014, 11:41:29 PM |
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So technically the wallet address coins aren't dividends, until Bitfountain decides that they aren't gonna be used for maintenance/labor/R&D. So please stop this discussion and wait for what's gonna happen in the next weeks/months. You have a good point... Also friedcat probably just wanted your estimate to be REALLY off just to stick it to you. He-He So mean the SmiGuel  Well he can be right every other time this one will be remembered for a while lols |
Believing in Bitcoins and it's ability to change the world
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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March 29, 2014, 11:49:44 PM |
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discobean
Member
Offline
Activity: 105
Merit: 11
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March 30, 2014, 12:03:43 AM |
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So double dividends next week then?
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KS
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March 30, 2014, 12:06:19 AM |
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<SNIP>
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.
</SNIP>
Quoted as per post 940 @arousedrhino: it's not the first post. Click on the "quote from..." links to get to the right message (but you know that). That quote is from his first post the time and date match up and that is where you are taken when you click the link. The first post no longer says Wednesday dividends but a quote by another member of his first post does. LOL, thank you captain obvious Stan.distortion quoted FC so the OP would be kept. Some other quotes of the original OP on pages 45-50 (can't say for sure, but around message 940). But yes, as some might have finally figured out, there is no promise either on the day or on the amount from mining in the new OP. |
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vortex1878
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March 30, 2014, 02:03:27 AM |
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Can you please stop this fanboy shit?!
The commitment to pay weekly dividends is more than clear. It was defaulted w/o any announcement why etc.
That default would have been no problem at all if there had been a disclaimer like: -- nope, I will not explain it to you herd-following idiots again. --
I am really damn happy about the news from friedcat - as I have a bit more than your Mommy's granted pocketmoney in here.
You idiots can throw your few pocketmoney cents wherever you want, and Mommy won't know about it (she'd be happy it is not on dope).
Fact is that ASICMINER once again gave a shit about their investors (other than boardmembers). Where is the last dividend? Why was it not paid? Just explain in one sentence! No prob!
I do understand that you are all like "Hoorray, here we go to the moon with Gen3!" But if you give away your well deserved rights, you might end up with nothing.
Please grow up.
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jimmothy
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March 30, 2014, 02:05:47 AM |
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Where is the last dividend? Why was it not paid? Just explain in one sentence! No pob!
In one sentence: He is busy doing important shit. |
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vortex1878
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March 30, 2014, 02:09:52 AM |
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Where is the last dividend? Why was it not paid? Just explain in one sentence! No pob!
In one sentence: He is busy doing important shit. Funny that such bs was exactly the reply I had expected. Can you read or even think?! |
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jdany
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March 30, 2014, 02:17:05 AM |
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Has anyone found out whether "10% of network" is still the goal?
I'm still not certain what Rockminer changes for us.
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jimmothy
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March 30, 2014, 02:18:53 AM |
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Funny that such bs was exactly the reply I had expected. Can you read or even think?!
What exactly do you want? Do you want a board member to bug FC to stop everything he is doing and manually transfer shares and pay out divs? Do you honestly care that much? |
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vortex1878
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March 30, 2014, 02:33:12 AM |
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Funny that such bs was exactly the reply I had expected. Can you read or even think?!
What exactly do you want? Do you want a board member to bug FC to stop everything he is doing and manually transfer shares and pay out divs? Do you honestly care that much? I have tried to elaborate my point to ignorant fanboys like you over and over again. I will rest my case. You will never get it, pathetic lemming. Good luck with your 5 shares. Adults are discussing here. |
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jimmothy
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March 30, 2014, 02:44:41 AM |
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I have tried to elaborate my point to ignorant fanboys like you over and over again. I will rest my case. You will never get it, pathetic lemming.
Good luck with your 5 shares. Adults are discussing here.
For a self proclaimed "adult" you really need to grow up. Everyone here seems to be discussing gen3 and nobody else seems to be panicked about the skipped single block dividend. The rest of us are looking forward to 50 block dividends when gen3 is finally brought online. |
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bitsalame
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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March 30, 2014, 02:49:00 AM |
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Funny that such bs was exactly the reply I had expected. Can you read or even think?!
What exactly do you want? Do you want a board member to bug FC to stop everything he is doing and manually transfer shares and pay out divs? Do you honestly care that much? I have tried to elaborate my point to ignorant fanboys like you over and over again. I will rest my case. You will never get it, pathetic lemming. Good luck with your 5 shares. Adults are discussing here. Adults? haha |
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