ASICMINER: Entering the Future of ASIC Mining by Inventing It

[eastpk]

Anybody had a transfer from direct to havelock done recently? Been waiting for mine for 2 weeks..

I did one in the middle of March and it went through just fine. It would be hard to tell if they did transfer though - I didn't receive a confirmation from Friedcat, just from Havelock requesting the transfer. When dividends came out thats what I noticed that the shares had moved over. We haven't had dividends so maybe the shares have been moved over already you just don't know it yet?

[Caesium]

Anybody had a transfer from direct to havelock done recently? Been waiting for mine for 2 weeks..

I did one in the middle of March and it went through just fine. It would be hard to tell if they did transfer though - I didn't receive a confirmation from Friedcat, just from Havelock requesting the transfer. When dividends came out thats what I noticed that the shares had moved over. We haven't had dividends so maybe the shares have been moved over already you just don't know it yet?

Well, they'd appear in my havelock account so I could trade them, and they haven't so far. But you're right, there's been no dividend since I requested it, so could just be friedcat isn't bothering until there's a dividend to pay.

[glendall]

There is a fairly large sell of shares going on in Havelock, today and yesterday.  When this happens I figure it is due to some reason that has not been made it to the general public yet.  Anyone want to help an outsider out?

Are dividends expected to crumble with Rockminer taking over the hardware sales now?  The chip looks good, it looks like mass production is underway, why are so many people selling?  I suppose it could be an aberration, but definitely seems like a trend right now on Havelock.  

edit: ya maybe I'm over-reacting. maybe it was only a 100 shares. still... things seem to be trending down when I'd imagine they'd be trending up.

[neilol-real]

There is a fairly large sell of shares going on in Havelock, today and yesterday.  When this happens I figure it is due to some reason that has not been made it to the general public yet.  Anyone want to help an outsider out?

Are dividends expected to crumble with Rockminer taking over the hardware sales now?  The chip looks good, it looks like mass production is underway, why are so many people selling?  I suppose it could be an aberration, but definitely seems like a trend right now on Havelock.  

edit: ya maybe I'm over-reacting. maybe it was only a 100 shares. still... things seem to be trending down when I'd imagine they'd be trending up.

Likely people panicking about Bitcoin exposure as it tanks.. have to sell shares to get back into $$$ / €€€

[glendall]

Aw I see, thanks.

I would have thought it would be the other way, that the share price would be going up as bitcoin is worth less USD -- but I made the error of thinking of the situation logically when people are fundamentally more prone to illogical behavior in markets.  What you said seems more likely the case than my estimation of it...

[freedomno1]

Might be Alcheminer people need to clear off some of their books to prepare for that IPO
https://bitcointalk.org/index.php?topic=565415.msg6160865#msg6160865

[lunarboy]

Quite excited by these low BTC prices. I've not seen it written down anywhere but i'm assuming Gen 3 sales will be priced in dollars and paid for in BTC.   

If this is the case? I'm looking forward to some nice dividends in the next few months and hoping the exchange rate stays as low as possible for the bulk of the Gen 3 sales. 

[JoTheKhan]

Might be Alcheminer people need to clear off some of their books to prepare for that IPO
https://bitcointalk.org/index.php?topic=565415.msg6160865#msg6160865

Alcheminer is a little overvalued imho, their numbers also seem to be a little off. 40% stake for $11M at $400/BTC

[lophie]

Might be Alcheminer people need to clear off some of their books to prepare for that IPO
https://bitcointalk.org/index.php?topic=565415.msg6160865#msg6160865

Alcheminer is a little overvalued imho, their numbers also seem to be a little off. 40% stake for $11M at $400/BTC

Also BTC is at a sitback currently and I am very bullish about exchange rates. What will happen if BTC jumped to $600? That is a minimum of falling from 0.14BTC to 0.8BTC

[minerpumpkin]

It seems, ROCKMINER purchased some sub-standard electronics and can't test the chip yet 
http://blog.rockminer.com/#!/2014/04/11/Rockminer_update_of_11_April

Remember, this most likely isn't a fault of AM's chip itself!

[maxl]

Propably they got some fake parts. They look exactly as the normal ones but they don't work like the original ones.

[spinoff]

a "large sell" is actually a "large buy" if you look at it the other way around

[minerpumpkin]

Propably they got some fake parts. They look exactly as the normal ones but they don't work like the original ones.

Which is kind of ridiculous... Those parts are very cheap anyways and... well.. why?

[minerpumpkin]

a "large sell" is actually a "large buy" if you look at it the other way around

Not the same feeling if the price is going down!

[necro_nemesis]

Fine an opportunity to average down. I don't know where this expectation of AM showing a profit so soon is coming from. Look at those test rigs. They're built for a single asic. Not commercially viable. Did anyone think that testing BE200 performance was a collaborative effort with Rockminer? Possibly and quite likely this is the stage the ASIC is at for testing.

[maxl]

Propably they got some fake parts. They look exactly as the normal ones but they don't work like the original ones.

Which is kind of ridiculous... Those parts are very cheap anyways and... well.. why?

Getting fakeparts is not difficult even in the AirForce One were some fakeparts. Why they sell fakeparts? I don't know.

[Chris_Sabian]

Propably they got some fake parts. They look exactly as the normal ones but they don't work like the original ones.

Which is kind of ridiculous... Those parts are very cheap anyways and... well.. why?

Getting fakeparts is not difficult even in the AirForce One were some fakeparts. Why they sell fakeparts? I don't know.

It is cheaper to make something that looks like it is suppose to do something correctly than to make it actually do something correctly.  Short answer: money

[VolanicEruptor]

Lets crowdfund a bomb to land on Huaqiang North Market.. ?

[CanaryInTheMine]

Lets crowdfund a bomb to land on Huaqiang North Market.. ?

seriously? wtf

[VolanicEruptor]

Lets crowdfund a bomb to land on Huaqiang North Market.. ?

seriously? wtf

Not serious.