ASICMINER: Entering the Future of ASIC Mining by Inventing It

[minerpumpkin]

re 5) For the PR topic, it's still a to-be-solved problem.

Thanks for the update Jutarul.

I actually think you may have largely solved issue 5 already if you keep doing what you are doing

Ouch 

[bitcoin.newsfeed]

Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year."  I saw that before in Bitcoinland and after past year nothing is able to surprise me anymore

[🏰 TradeFortress 🏰]

Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year."  I saw that before in Bitcoinland, after past year nothing is able to surprise me anymore

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

[minerpumpkin]

Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year."  I saw that before in Bitcoinland, after past year nothing is able to surprise me anymore

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

Ha.

[freedomno1]

Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year."  I saw that before in Bitcoinland, after past year nothing is able to surprise me anymore

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

^_^ Ha. Indeed
_{(Worships the dark overlord and master who secretly knows all of AM Tradefortress XD)}

[lophie]

Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year."  I saw that before in Bitcoinland, after past year nothing is able to surprise me anymore

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

^_^ Ha. Indeed
_{(Worships the dark overlord and master who secretly knows all of AM Tradefortress XD)}

He better buy BTC ASAP at these low exchange rates.... I am kinda worried he would exchange $$ to BTC just before the divs. I am really bullish on BTC going up by the end of May.

[Blazed]

Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year."  I saw that before in Bitcoinland, after past year nothing is able to surprise me anymore

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

Coming from you that does not mean anything 

[Caesium]

Where are money from April 850k batch? Its millions ... Maybe Friedcat is waiting for China banning Bitfountain's bank accounts so he can tell : "Sorry guys, no dividends, *they stole our money*, we must retain profits of all gen3 to cover our loss, see you next year."  I saw that before in Bitcoinland, after past year nothing is able to surprise me anymore

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

Coming from you that does not mean anything 

The gall of this guy amazes me, that he strolls back in like nothing happened. Incredible.

[Chris_Sabian]

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

Your thoughts and opinions mean exactly 0.  You are in the same group as Ukyo, Danny Brewester, Mark Karpeles.

ASICMINER and Friedcat have been true to their word (within a normal degree of error).

[prancing_around]

Did FC explicitly say there wouldn't be any dividends till the financial report, or is that just speculation?

[hdbuck]

Did FC explicitly say there wouldn't be any dividends till the financial report, or is that just speculation?

no, thats resignation. ^^

[houseofchill]

Thanks for the update Jutarul

[KS]

I never understood the tendency to view mining cost projection in terms of a static equilibrium. It's dynamic and electricity prices are just one factor. Please enlighten me if you think mining doesn't fall into the realm of steady state systems (http://en.wikipedia.org/wiki/Steady_state).

Which "part" of mining do you view as being in "steady state"? Population, revenues (profits), concentration of hashpower/electricity, etc. "all" of it? (what do you consider "all"?)

I think it's really not in steady state, but I'm curious to know why you think so.

[skitchen]

I doubt it. Friedcat and ASICMINER is legit, business does not go well all the time.

LOOOOOOOOOOOOL 

[arousedrhino]

Did FC explicitly say there wouldn't be any dividends till the financial report, or is that just speculation?

I think thats pure speculation. I theorize that there will be no dividends until we ship chips to those who have purchased them since those funds must be held for refunds until we actually ship out the chips in case we don't ship the chips.

[Franktank]

Did FC explicitly say there wouldn't be any dividends till the financial report, or is that just speculation?

The understanding is that dividends would be paid out after the first large batch of chips sold, which may be sooner than the previously mentioned date.

[RoadStress]

Did FC explicitly say there wouldn't be any dividends till the financial report, or is that just speculation?

The understanding is that dividends would be paid out after the first large batch of chips sold, which may be sooner than the previously mentioned date.

How it can be sooner if the chips are delayed by one month?

[Franktank]

The understanding is that dividends would be paid out after the first large batch of chips sold, which may be sooner than the previously mentioned date.

How it can be sooner if the chips are delayed by one month?

Are you assuming again? There has been no information stating that the chips have been delayed.

[necro_nemesis]

Submitted Questions:
1) When can we expect the financial report that's supposed to coincide with the next round of dividends?
re 1) May 27.

I suppose this question could have been phrased differently as it infers divs are coincidental with the financial report but since it was answered in such a matter of fact fashion one could assume the dates to be the same. As to the circumstances leading up to the reasons for reporting on that date I suggest it's a question of interest but doesn't alter what has been already factored in for the selection of the date. I don't recall any reason being stated for the date and the time required IMHO doesn't appear to be unduly delayed given what we know of the stages we are in of the process.

[jimmothy]

Did FC explicitly say there wouldn't be any dividends till the financial report, or is that just speculation?

I think thats pure speculation. I theorize that there will be no dividends until we ship chips to those who have purchased them since those funds must be held for refunds until we actually ship out the chips in case we don't ship the chips.

This. I don't know why some are expecting FC to pay out divs before the chips are even sold/shipped/confirmed functional.

Refunds would be a nightmare if divs were already given out.

1) When can we expect the financial report that's supposed to coincide with the next round of dividends?
re 1) May 27.

This suggests that both financial report and first divs will be payed out on the 27th.