ASICMINER: Entering the Future of ASIC Mining by Inventing It

[bitcoin.newsfeed]

Other way around. Rockminer holds shares of AM.

And you are wrong about making no profit. If AM sells 1600PH with a profit of $0.5/GH that would mean 1,600,000 BTC or 4 btc per share.

Do you think that chips are growing on trees? No expenses for creating them? Its about margin now.

Rockminer doesn't own shares, only Rockxie is sitting on 2 chairs and as boardmember and personal friend with our CEO he can negotiate great discounts for chips from AM, also rights for 1st batches and fuck over all ASICminer shareholders.

[1713558911]

1713558911

[jimmothy]

Other way around. Rockminer holds shares of AM.

And you are wrong about making no profit. If AM sells 1600PH with a profit of $0.5/GH that would mean 1,600,000 BTC or 4 btc per share.

Do you think that chips are growing on trees? No expenses for creating them? Its about margin now.

Rockminer doesn't own shares, only Rockxie is sitting on 2 chairs and as boardmember and personal friend with our CEO he can negotiate great discounts for chips from AM, also rights for 1st batches and fuck over all ASICminer shareholders.

Why would rockxie/friedcat scew over shareholders when he is a large shareholder?

FC already said that chips will be sold for $0.5-1/gh depending on order date and size. I don't think FC will make a special deal with RM while cutting our profits simply to give them an advantage.

Also FC said that the chips cost $0.2/gh to manufacture so I estimate an average profit of $0.5/gh

What reason do you have to believe FC is out to screw over shareholders? Has he ever done so in the past?

[Flashman]

simple model of how you can mine AND sell lots of hardware cheap while increasing mining revenue.

Say network is 100 units of hash total, M&A our "Mining and Asic" company has 1% of network, 1 unit of hash, if by producing 10 units of hash it makes enough profit to bring 1 more unit of hash online for themselves, it's share of network (and thus of blocks found) goes from 1/100 to 2/111 or from 1% to 1.8%, despite selling 10 units to direct competitors.

[server]

Other way around. Rockminer holds shares of AM.

Is didn't ask this. I would like to know if AM holds shares in this new Rockminer company.

And you are wrong about making no profit. If AM sells 1600PH with a profit of $0.5/GH that would mean 1,600,000 BTC or 4 btc per share.

$0.5 isn't profit, it's their selling pice.
Maybe they sell at costprice without any profit for AM shareholders and make profits in the Rockminer company.

...making AM shares worthless...

[minerpumpkin]

Other way around. Rockminer holds shares of AM.

And you are wrong about making no profit. If AM sells 1600PH with a profit of $0.5/GH that would mean 1,600,000 BTC or 4 btc per share.

Do you think that chips are growing on trees? No expenses for creating them? Its about margin now.

Rockminer doesn't own shares, only Rockxie is sitting on 2 chairs and as boardmember and personal friend with our CEO he can negotiate great discounts for chips from AM, also rights for 1st batches and fuck over all ASICminer shareholders.

Why would rockxie/friedcat scew over shareholders when he is a large shareholder?

FC already said that chips will be sold for $0.5-1/gh depending on order date and size. I don't think FC will make a special deal with RM while cutting our profits simply to give them an advantage.

Also FC said that the chips cost $0.2/gh to manufacture so I estimate an average profit of $0.5/gh

What reason do you have to believe FC is out to screw over shareholders? Has he ever done so in the past?

I believe the price per GH/s will drop below 0.5$ after a few months. We won't see 1600PH at a price >=0.5$

[bitcoin.newsfeed]

... We won't see 1600PH at a price >=0.5$

Mate, I would really like to see *something* first and after that talking about 1600PH for now we have only words about gen3

[jimmothy]

I believe the price per GH/s will drop below 0.5$ after a few months. We won't see 1600PH at a price >=0.5$

Why not? We won't have much competition.

Knc will have chips of equal performance but 20nm means it will be much more expensive and slower time to market.

I think our biggest competitor will be spondoolies with their next gen 28nm chip but I doubt even they can match our $/gh.

[necro_nemesis]

I think our biggest competitor will be spondoolies with their next gen 28nm chip but I doubt even they can match our $/gh.

Do they have to pay a portion of profits to shareholders?

[klondike_bar]

I believe the price per GH/s will drop below 0.5$ after a few months. We won't see 1600PH at a price >=0.5$

Why not? We won't have much competition.

Knc will have chips of equal performance but 20nm means it will be much more expensive and slower time to market.

I think our biggest competitor will be spondoolies with their next gen 28nm chip but I doubt even they can match our $/gh.

the competition is the fact that the 40nm chip isnt on sale yet - gen1 is worthless. Once the chip is put into working boards in a few more days/weeks then we can say there is no competition

[arousedrhino]

I'm still interested to know if FC still has a solomining goal of 10% ...

When I was investing into this company ~ 1 year ago, it was publicly known that ASICminer's goal is to maintain at least 10% of global hashrate, so i did some calculations and bought shares. I was investing into mining company which goal was to mine bitcoins. I was not investing into chip manufacture which will be selling chips for fiat after one year. But yeah ... I am now in huge 75% loss, no point of selling now. I feel quite fucked by ASICminer.

It was also publicly known that they were selling miners that were in stock. That was all over the place. If they were selling miners its not much of a stretch to then just sell chips.

Sorry you feel that you were fucked but AM has always been about Mining & Selling Hardware. We are now just selling the chips instead of full miners.

[houseofchill]

Can someone tell me where is the public document with AM's shareholder addresses?

[ThunderSheep]

Can someone tell me where is the public document with AM's shareholder addresses?

I think https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF is the best you can get.  Divide the March 30 payouts by 0.000065 to get the number of shares.  To the best of my knowledge, there is no public list which is up to date.

[VolanicEruptor]

I was expecting some more news to be released by now..  am I the only one?

[jiefangqian]

wait one week

[dhenson]

Can someone tell me where is the public document with AM's shareholder addresses?

This is a couple weeks old.  If there is interest in me keeping it up, I wouldn't mind doing it.

https://docs.google.com/spreadsheet/ccc?key=0AnxKtjWqWJGodC1fR3JDSFBpZ2tGbjBqdzJoeFlpOXc&usp=sharing

[aahzmundus]

This is a couple weeks old.  If there is interest in me keeping it up, I wouldn't mind doing it.

https://docs.google.com/spreadsheet/ccc?key=0AnxKtjWqWJGodC1fR3JDSFBpZ2tGbjBqdzJoeFlpOXc&usp=sharing

INTEREST HERE!  (I would gladly contribute a few bitcents a week for this to be updated, if enough people do... it could be worth it for you to keep it updated.)

[Franktank]

I was expecting some more news to be released by now..  am I the only one?

I don't know if it's kosher for me to post this but there is:

Hi,

Please give us your address to receive samples.

Here are the links of the documents:

datasheet - https://docs.google.com/document/d/1_dmXzyMqtr7tVZukk2DAJih2sRq5jDy5DQPkwCce570/edit?usp=sharing
bonding list - https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdFFZSUllNW5seVRfM01kcDVqZkJfdFE&usp=sharing
pictures:
https://drive.google.com/file/d/0B11fvFT7Sd5bUV90cFN4cEhTNEk/edit?usp=sharing
https://drive.google.com/file/d/0B11fvFT7Sd5banZkMDZqSTBGTEE/edit?usp=sharing
https://drive.google.com/file/d/0B11fvFT7Sd5bWjh6MmJsMFpCYkU/edit?usp=sharing

Best regards,

friedcat

Granted, this post (initially on 03/31/14 @ 12:33 AM CDT) WAS deleted so there may have been spec/detail changes in links.

So I must say with this re-post: THE SPECIFICATIONS MENTIONED IN THESE DOCUMENTS MAY NOT BE FINAL, THUS SUBJECT TO CHANGE.

Link

Again: THE SPECIFICATIONS MENTIONED IN THESE DOCUMENTS MAY NOT BE FINAL, THUS SUBJECT TO CHANGE.

EDIT: I really hope I didn't screw anything up by posting this...

[Fordee]

Div predictions anyone? 

   ... and any of you bastards that whine about your div-share being late paid out gets blocked
 

[KS]

Div prediction is zero, unless there is some BTC to be had from chip sales to Rock Xie or we get lucky and find a block.

[bitfair]

Desperately looking forward to seeing final chip specs and testing results.

Hurry up, FC & team!