ASICMINER: Entering the Future of ASIC Mining by Inventing It

[372174788]

Who receives the rest of the 850k chips? What do we know/assume?

A big miner producer called "Hashratio" in China also has received a huge amount of Gen3 chips. However, they are focused on self-mining and huge clients, so many people don't know their existence.

What the "Hashratio" is?

Oh,I see."Hashratio" in Chinese name is"LE TIAN KUANG YE".We know that.

[RoadStress]

Who receives the rest of the 850k chips? What do we know/assume?

A big miner producer called "Hashratio" in China also has received a huge amount of Gen3 chips. However, they are focused on self-mining and huge clients, so many people don't know their existence.

So after selling 850k chips when will people get dividends from them?

[necro_nemesis]

Who receives the rest of the 850k chips? What do we know/assume?

A big miner producer called "Hashratio" in China also has received a huge amount of Gen3 chips. However, they are focused on self-mining and huge clients, so many people don't know their existence.

So after selling 850k chips when will people get dividends from them?

https://bitcointalk.org/index.php?topic=99497.msg6465166#msg6465166

[dhenson]

Who receives the rest of the 850k chips? What do we know/assume?

A big miner producer called "Hashratio" in China also has received a huge amount of Gen3 chips. However, they are focused on self-mining and huge clients, so many people don't know their existence.

So after selling 850k chips when will people get dividends from them?

[372174788]

Who receives the rest of the 850k chips? What do we know/assume?

A big miner producer called "Hashratio" in China also has received a huge amount of Gen3 chips. However, they are focused on self-mining and huge clients, so many people don't know their existence.

So after selling 850k chips when will people get dividends from them?

The new round of dividends are scheduled to begin as soon as the first large purchases have concluded and should precede or coincide with the publication of the updated financial statements.

[nycgoat]

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

[triptamine]

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

He did indeed. Second hand, and stated as a probability, but still..

From Jutarul's q&a session with him:

"2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
re 2) Most likely yes."

[necro_nemesis]

For benefit of all you people with ADD please read past the first line of the Q/A. This link was just provided three or four posts ago. Jutarul sits on the board and is kind enough to liaise between the investors on here, FC and the board. I would highly recommend listening to what he has to say when he infrequently posts this kind of valuable information.

https://bitcointalk.org/index.php?topic=99497.msg6465166#msg6465166

[gomei]

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

He did indeed. Second hand, and stated as a probability, but still..

From Jutarul's q&a session with him:

"2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
re 2) Most likely yes."

really hard to wait.

[necro_nemesis]

Didn't Friedcat also say that divs will probably be monthly instead of weekly moving forward?

He did indeed. Second hand, and stated as a probability, but still..

From Jutarul's q&a session with him:

"2) With the switch to selling chips, can we expect dividends to be paid out on are "more monthly" basis?
re 2) Most likely yes."

really hard to wait.

https://bitcointalk.org/index.php?topic=438359.msg6238308#msg6238308

Sage advice.

[jdany]

So very quiet.   Palpable anxiousness.

[_mr_e]

So very quiet.   Palpable anxiousness.

It's all very odd isn't it? Chips have been shipped out on mass and yet anybody who doesn't follow the AM threads appears to have no idea. After some dividends begin rolling we should see the forums light up like they did last time Friedcat was "making it rain". We've waiting this long but somehow this month is the most painful. Only 17 more days.

[prancing_around]

If divs continue to be distributed on Wednesdays then we'll have to wait another day, as the 27th is a Tuesday.

[necro_nemesis]

[ryepdx]

ASICMINER's always been like this, which is why I'm holding. They tend to be low on communication, but they've got a good track record of getting the job done and bringing value to shareholders. I kinda like it this way, since it helps prevent the price from getting overinflated due to hype. Better than the companies out there who are all talk and no results, at any rate.

Of course, this is still all a gamble. But I was a shareholder last year and I have fond memories of the dividends we were getting back then. Looking forward to the return of those, even if they are only going to come once a month now.

[RoadStress]

So very quiet.   Palpable anxiousness.

It's all very odd isn't it? Chips have been shipped out on mass and yet anybody who doesn't follow the AM threads appears to have no idea. After some dividends begin rolling we should see the forums light up like they did last time Friedcat was "making it rain". We've waiting this long but somehow this month is the most painful. Only 17 more days.

How many chips have been shipped out? The promised 850k or just the 23k to rockxie?

Are we waiting for gen3.1 or still for gen3 chips?

[minerpumpkin]

Are we waiting for gen3.1 or still for gen3 chips?

There's no difference in production time. AFAIK they simply enlarge an area when packaging the chip or something similar in order to get rid of the heat better. There's no change in the circuits themselves, so no tapeout, test batches or anything. Like when you ordered 100 cars and before/while they are being made you tell the factory to paint them in another color.

[antirack]

All the drama with the other companies (not only in the US) has made me realize what an outstanding job AM is doing.

Here is a summary (and we can probably add a lot more drama we have seen in the past few years) in the Cointerra Class Action Lawsuit Thread:
https://bitcointalk.org/index.php?topic=578384.msg6562741#msg6562741

What stands out that AM has avoided all that. Never took orders for a product not in stock (and hence never under-delivered), never did cannibalistic crowd funding, survived a couple of setbacks, and is still at it). I also posted this over there.

[Chris_Sabian]

All the drama with the other companies (not only in the US) has made me realize what an outstanding job AM is doing.

Here is a summary (and we can probably add a lot more drama we have seen in the past few years) in the Cointerra Class Action Lawsuit Thread:
https://bitcointalk.org/index.php?topic=578384.msg6562741#msg6562741

What stands out that AM has avoided all that. Never took orders for a product not in stock (and hence never under-delivered), never did cannibalistic crowd funding, survived a couple of setbacks, and is still at it). I also posted this over there.

I guess that I didn't realize only selling what you physically have in your possession was such an important concept.

[ryepdx]

I guess that I didn't realize only selling what you physically have in your possession was such an important concept.

Bone up on the history of the mining companies around here. ASICMINER is the only one that's never taken "preorder" money, AFAIK. Selling only what you physically have in your possession is very unusual in this industry.