ASICMINER: Entering the Future of ASIC Mining by Inventing It

[server]

why no div?

[binaryFate]

Just 5 days to go..

For you to refund people?

[hdbuck]

Lmao tradefotress now giving free hugs..

[Pompobit]

Lmao tradefotress now giving free hugs..

while whispers: "the Lannisters send their regards"

[ryepdx]

why no div?

Dividends are due out May 27th.

Jesus Christ, this is driving me crazy. Read the fucking thread. Or just visit http://friedcat.info if you want a TL;DR. And if you can't even be arsed to read the little bit of text on that page, you probably shouldn't be fucking investing in this space.

Swear to god, if one more asshole comes in here asking "when are dividends coming out," well... I'll probably just post all pissed-off again, because that's the only thing I can do short of just ignoring them. :-p

If you need someone to hold your hand, if you can't do your own goddamn research, you deserve to get your ass handed to you.

[_mr_e]

So do you guys think we're gonna see divs any time soon?

[ryepdx]

I see what you did there... :-D

Seriously, I don't know why I let it bother me so much. Maybe I'm just frustrated that ASICMINER can't be arsed to put together a simple line of communication that isn't as abjectly useless as this goddamn forum thread. They're a multi-million dollar company and they don't have a website, or even a mailing list. I put together that fucking stupid ASICMINER Watch site in about three hours, and that's including the time spent dicking around with a new CSS framework that I eventually ditched. A MailChimp list would be even quicker. But no... we're stuck on this goddamn forum thread.

Those motherfuckers. They're the only motherfuckers in the mining space I trust at all right now, which is why I own shares, but they're still terrible at communication. And 90% it comes from the fact that this is their official line of communication.

[Fordee]

Someone needs a free hug....

  But seriously, thanx for "Friedcat Says"..   It does help those who have to wallow through almost 1000 pages of dribble..
 
  On the PR side, I think that you really just have to chill.. I'd rather less communication and more success than vice-versa..    I"m sure it's a bit of a security thing for Friedcat..  Obviously with massive amounts of chips already sold, he has no problem communication with buyers, and has always been happy to answer questions submitted by Minerpumpkin and others, via shareholders.

   *Personally, I find the Asicminer thread here to be a thousand fold better than the drama that plays out in other threads...   Perhaps because it's full of adults, or at least children who know how to control themselves..      (reference:  ActiveMining, Labcoin, or any of the major asic vendors in regards to 'refunds'.)

Any div predictions?   

 

[coinren]

sell 50 ROCKMINER shares at BTC0.15, anybody interested? just PM.

[bitcoin.newsfeed]

sell 50 ROCKMINER shares at BTC0.15, anybody interested? just PM.

rockxie, is that you, selling your free shares? anyway, wrong thread

and ryepdx, friedcat.info is down for me

on topic : div prediction 0.025/share (pessimistic)

[Fordee]

 
 Random thoughts:
 
1) Major Asic manufacturers  (Those with the ability to print the chips for pennies per g/h)..  are setting up industrial mines, but to my knowledge, they are all privately owned..  

2) ASICMiner is the only Asic manufacturer that is partially publicly owned  ( Either privately traded or via traded via Havelock).

3) There are only (approx) 400,000 shares TOTAL.  (A very small number honestly in the corporate/stock world)

4) Friedcat has the foresight to set aside Divs to cover 2 years of Lab and employee costs out of the 'Gen1',  to  fund (paid for already)  Gen 3 AND 4.

5) He pioneered 'franchise mining' and has NEVER done Pre-orders.   Both directly benefiting shareholders.

6) He has planned for the most cost-effective mining environment possible with immersion cooling, forward planning where costs become critical to success.

  I don't know of any other Major ASIC vendor/manufacturer that's planned this far ahead, Paid for, with $ in the Bank.

  How can we NOT go to the moon?   Ignore the current trading values for shares.    Friedcat is a long term kind of thinker.  You can bank on it.

  

[novusordo]

I see what you did there... :-D

Seriously, I don't know why I let it bother me so much. Maybe I'm just frustrated that ASICMINER can't be arsed to put together a simple line of communication that isn't as abjectly useless as this goddamn forum thread. They're a multi-million dollar company and they don't have a website, or even a mailing list. I put together that fucking stupid ASICMINER Watch site in about three hours, and that's including the time spent dicking around with a new CSS framework that I eventually ditched. A MailChimp list would be even quicker. But no... we're stuck on this goddamn forum thread.

Those motherfuckers. They're the only motherfuckers in the mining space I trust at all right now, which is why I own shares, but they're still terrible at communication. And 90% it comes from the fact that this is their official line of communication.

It would be nice to have more communication, but I trust Friedcat and the ASICMiner team with my investment more than any other company in the mining space as well. They've earned that trust.

[Lincoln6Echo]

 Random thoughts:
 
1) Major Asic manufacturers  (Those with the ability to print the chips for pennies per g/h)..  are setting up industrial mines, but to my knowledge, they are all privately owned..  

2) ASICMiner is the only Asic manufacturer that is partially publicly owned  ( Either privately traded or via traded via Havelock).

3) There are only (approx) 400,000 shares TOTAL.  (A very small number honestly in the corporate/stock world)

4) Friedcat has the foresight to set aside Divs to cover 2 years of Lab and employee costs out of the 'Gen1',  to  fund (paid for already)  Gen 3 AND 4.

5) He pioneered 'franchise mining' and has NEVER done Pre-orders.   Both directly benefiting shareholders.

6) He has planned for the most cost-effective mining environment possible with immersion cooling, forward planning where costs become critical to success.

  I don't know of any other Major ASIC vendor/manufacturer that's planned this far ahead, Paid for, with $ in the Bank.

  How can we NOT go to the moon?   Ignore the current trading values for shares.    Friedcat is a long term kind of thinker.  You can bank on it.

  

awesome post +1

[ryepdx]

...
and ryepdx, friedcat.info is down for me
...

Yeah, my web host is moving servers around today. Hopefully will be back up soon.

[BitHub]

is friedcat single? I would like to introduce him to my hot sister.

[coinren]

sell 50 ROCKMINER shares at BTC0.15, anybody interested? just PM.

rockxie, is that you, selling your free shares? anyway, wrong thread

Sorry for the wrong thread, just for more attention.
I'm not rockxie, I'm share holder of RM and AM.
My RM share holder address: https://blockchain.info/address/18X9k9NMaVjXaTrEHszeXP9Fkb1LyMqrbU

[Bonam]

It doesn't matter how far ahead you've planned if other companies are a year + ahead in technology. Gen3 will not stay competitive for very long at all so hopefully they get Gen4 out fast, a LOT faster than the gap between Gen1 and Gen3 was.

Also, for all the people repeating dividends will come out on May 27 as if it's gospel... I'm pretty doubtful.

In one QA session, friedcat says this:

5) When are the sales revenues of the chips expected to be paid out to shareholders? re 5) When the balance payments are received and exchanged for Bitcoins.

In another session he says this:

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

Has he not received the "balance payments" for the chips sold to rockminer and other companies yet? Or has he received the payments and not yet exchanged for bitcoins? I would say that most likely he has already received the payments and clearly has not paid out the dividends yet. So one condition/term to pay out the dividends has already been ignored. Next... the May 27 date refers to a financial report. Numerous dates set for financial reports have been missed in the past. And even if a financial report does come out on May 27, will the dividends come out same day? Given how cursorily friedcat seems to have read and answered the questions, he may not have even seen the second part of the sentence in that question.

Anyway 27th is coming up soon so not much point speculating, but my personal thought is that not only will we not receive any dividends that day, but we won't hear from friedcat that day at all either.

[necro_nemesis]

Anyway 27th is coming up soon so not much point speculating, but my personal thought is that not only will we not receive any dividends that day, but we won't hear from friedcat that day at all either.

If they don't come on the 27th, panic, FUD, stock goes down, I buy more. If they do status quo. No biggy.

[lophie]

is friedcat single? I would like to introduce him to my hot sister.

We caught him once getting it on with the hot secretary forking a chain in the mining farm (Remember that FUD guys  ). We dunno if that is still going on or he was just being the fried player he always has been  

[mc_lovin]

Shareholder seeing the first products shipping: