ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Franktank]

Immersion cooling system from Asicminer , check this video :  http://v.youku.com/v_show/id_XNjk5MTc0MTY0.html

I don't think that's Asicminer.  The title of the video is Intel, 3M, and Silicon Graphics to jointly develop a new generation of supercomputer cooling technology.

While they did mention Intel, those are shots of the AM data center.

Check out these stills that were released in November.

https://drive.google.com/folderview?id=0ByWHHc0u_thNSWhHS18xM2ZXSUU

Correct me if I'm wrong but those are the same places.

Yeah, those stills look very similar... :/

Here are more pictures for comparison: https://bitcointalk.org/index.php?topic=346134.0

The Intel brand was probably used for "credibility's sake", should 3M decide to market this to non-BTC Mining data centers. Granted this is all speculation so we'll just have to wait and see.

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[Whtwabbit]

Is this the competition?

http://www.reddit.com/r/Bitcoin/comments/232xry/cointerra_loses_faith_in_their_products/

[drawingthesun]

The whole immersion cooling issue is a question I have been asking for months... the first whispers of the whole thing coming together were released my Asicminer, then you see videos by Allied Control coming out about it, then 3m videos about it.  I REALLY want to know what, if any part, asicminer owns as this technology is going to be HUGE in the bitcoin world.  If my ownership of Asicminer is not going to see me profit off of the technology, I am going to need to look into where to invest to capture those profits... anyone can make an asic, but very few people can set up a cooling system like that (patents, technology, etc).

Correct my if I am wrong, but aren't patents irrelevant to inhouse technology? Like if ActiveMining one day set up immersion cooling, unless we sell the product to a customer it really doesn't matter right? If the technology never leaves the companies property it's all moot.

If ASICMINER can't legally inspect peoples private land then the patents are a waste of time. The exception would be if you expect ASICMINER to actually sell these products. I can't see them selling an entire immersion box and even if they do, you can't stop another company from building once inhouse. This is similar to SpaceX. They may or may not infringe on peoples patents if they exported their rockets, but they don't and Musk even goes as far to say because rockets companies are limited in selling their tech, patents are worthless in this industry.

I may be completely off base here and would like to be galdy corrected. Thanks.

[houseofchill]

Machine + fluids + consciousness = prototype for the first cyborg brain

[rudrigorc2]

Who wants to buy direct shares slightly cheaper than havelock? PM.

[Mabsark]

The whole immersion cooling issue is a question I have been asking for months... the first whispers of the whole thing coming together were released my Asicminer, then you see videos by Allied Control coming out about it, then 3m videos about it.  I REALLY want to know what, if any part, asicminer owns as this technology is going to be HUGE in the bitcoin world.  If my ownership of Asicminer is not going to see me profit off of the technology, I am going to need to look into where to invest to capture those profits... anyone can make an asic, but very few people can set up a cooling system like that (patents, technology, etc).

ASICminer didn't invent immersion cooling, it's been around for ages.

[hdbuck]

Who wants to buy direct shares slightly cheaper than havelock? PM.

wait why the hell so many people are selling now? and even cheaper than on Havelock? why didnt you said so yesturday, i bought on havelock 

[VolanicEruptor]

Who wants to buy direct shares slightly cheaper than havelock? PM.

wait why the hell so many people are selling now? and even cheaper than on Havelock? why didnt you said so yesturday, i bought on havelock  

Because people are realizing that you need more than a good track record to be trustworthy and competent.  
Just remember.. the man who invented fire is now dead.  He had his time.

[hdbuck]

Who wants to buy direct shares slightly cheaper than havelock? PM.

wait why the hell so many people are selling now? and even cheaper than on Havelock? why didnt you said so yesturday, i bought on havelock 

Because people are realizing that you need more than a good track record to be trustworthy and competent. 
Just remember.. the man who invented fire is now dead.  He had his time.

yea.. although i have to admit im quite suprised by the asks on havelock, i just saw some nice 200bid @0,5..

[aahzmundus]

The whole immersion cooling issue is a question I have been asking for months... the first whispers of the whole thing coming together were released my Asicminer, then you see videos by Allied Control coming out about it, then 3m videos about it.  I REALLY want to know what, if any part, asicminer owns as this technology is going to be HUGE in the bitcoin world.  If my ownership of Asicminer is not going to see me profit off of the technology, I am going to need to look into where to invest to capture those profits... anyone can make an asic, but very few people can set up a cooling system like that (patents, technology, etc).

ASICminer didn't invent immersion cooling, it's been around for ages.

Of course they did not invent immersion cooling... but do they own any part of a business in setting up a custom cooling system in a shipping container with everything set and ready to go for asics to be placed inside?  Do they have some contract with 3M to supply bulk fluid that is somewhat exclusive? This immersion cooling system is new and different in several ways that would allow someone who controls it to profit.

To answer another question, someone may be able to create their own system like this, but the question would be would the cost of purchasing this system from AM be cheeper then re-engineering it yourself?  If it is, you would not bother and AM would get a cut of the action.

[minerpumpkin]

200+ shares down on Havelock... holy cow!

[Franktank]

200+ shares down on Havelock... holy cow!

Indeed and if you look closely, it occurred about the same time as BTC broke 500 USD (which last occurred at the end of March). Someone wants to play with the exchanges.

[rudrigorc2]

Who is the reponsible for this?
https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c#gid=9

Can you please provide up to date sheet? Ill be glad to donate a bit for you time.

[trilogy456]

Who is the reponsible for this?
https://docs.google.com/spreadsheet/ccc?key=0AtqphFCP56ordGVCakJxSU90MlB4MlBkZENya25pS2c#gid=9

Can you please provide up to date sheet? Ill be glad to donate a bit for you time.

Not to be rude, but here you go: https://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF
Take the addresses and divide by that week's dividend.

[minerpumpkin]

200+ shares down on Havelock... holy cow!

Indeed and if you look closely, it occurred about the same time as BTC broke 500 USD (which last occurred at the end of March). Someone wants to play with the exchanges.

Care to elaborate?
Isn't this simply because people are afraid due to a lack of news from AM and: 1) Someone is confident and wanted a lot of shares, luring people to sell a ton to him. Or 2) someone wanted to stabilize the price and created a big 200 wall as a psychological safety-net, which plain and simple got eaten completely?

[rudrigorc2]

trilogy I know the theory but the guy may already have the script done somewhere. just run it and profit.

edit: would be great if he could continue the sheet from where it stopped. more info. more profit.

[trilogy456]

trilogy I know the theory but the guy may already have the script done somewhere. just run it and profit.

That would be easier. But I believe someone (may you I don't know), has been asking for an update sheet for a while, pages back, and I haven't seen it posted.

[Franktank]

200+ shares down on Havelock... holy cow!

Indeed and if you look closely, it occurred about the same time as BTC broke 500 USD (which last occurred at the end of March). Someone wants to play with the exchanges.

Care to elaborate?
Isn't this simply because people are afraid due to a lack of news from AM and: 1) Someone is confident and wanted a lot of shares, luring people to sell a ton to him. Or 2) someone wanted to stabilize the price and created a big 200 wall as a psychological safety-net, which plain and simple got eaten completely?

All I was trying to say was due to the sudden rise of BTC, someone sold their shares because they are under the impression that they can more BTC by trading BTC:USD (in the next couple days) and buy them back, as opposed to just holding AM shares. This is all merely speculation.

[mrlupin]

My take is that some investment fund values the company in USD, RMB and possibly some stock index basis, not in pure BTC. Exercise to the reader: find the mix

[eb3full]

friedcat finally handled a lot of shareholder transfers the last couple days, so I'm expecting a dividend finally today.