ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Pompobit]

[1714781495]

1714781495

[minerpumpkin]

I don't even... 

[bitcoin.newsfeed]

Isn't HashRatio using AM Gen3 chips? look at this running farm :

http://www.hashratio.com/#prettyPhoto



so clients of AM are selling/shipping their products using AM gen3 and have own running farms full with AM gen3, they are actually making tons of money right now, clearly Friedcat sold a lot of chips long time ago and still he hasn't fulfilled his basic obligations to his own shareholders? If clients farms are running, it suggest us that AM farm is running too, but in stealth mode, non-visible to us, but we're not stupid. Jutarul, don't you want to say something about this mess and about that "May 27th." you mentioned ?

[_mr_e]

He talked: https://bitcointalk.org/index.php?topic=438359.msg6988510#msg6988510

although i dont mind waiting, i think FC surely seem to enjoy teasing us like that. posting there and there, but just not here.. ^^

I don't understand how he can take the time to post that but can't give us a very simple update. This is strange... Very strange. Is it possible that minerpumpkin completely fabricated that answer? I cannot understand how a person could make such an announcement to thousands of people only to not stock to their word without so much as a single sentence to let us know why... unless he never said it at all. Even Havelock called it nothing more then a "rumor".

What answer? The ones Jutarul (a board member) posted? The one I just linked, well... I'm afraid I can't fake posts by friedcat himself.
No fabrications from my side 

Sorry I thought you had gathered the questions/answers for some reason. So where is this Jutraul now?

[Blazed]

So go and trick him... go post a technical question in the other thread and slip in where are the divs.

[_mr_e]

So go and trick him... go post a technical question in the other thread and slip in where are the divs.

lol I just spit out my coffee. I thank you for this mess.

[nycgoat]

If hardware is sold for fiat which has to be converted into BTC, and all of the Chinese exchanges have been experiencing issues recently, wouldn't that potentially create a delay?  I'm surprised no one has mentioned this yet.

[minerpumpkin]

I don't understand how he can take the time to post that but can't give us a very simple update. This is strange... Very strange. Is it possible that minerpumpkin completely fabricated that answer? I cannot understand how a person could make such an announcement to thousands of people only to not stock to their word without so much as a single sentence to let us know why... unless he never said it at all. Even Havelock called it nothing more then a "rumor".

What answer? The ones Jutarul (a board member) posted? The one I just linked, well... I'm afraid I can't fake posts by friedcat himself.
No fabrications from my side 

Sorry I thought you had gathered the questions/answers for some reason. So where is this Jutraul now?

I collected question-proposals, phrased the questions for FC and forwarded them to Jutarul, who gave them to FC. FC obviously answered them and Jutarul posted those answers. I can't vouch for Jutarul, but I - personally - believe that questioning his integrity would be quite paranoid, and am most thankful for his help of getting the questions through to FC and providing his answers.

[minerpumpkin]

so clients of AM are selling/shipping their products using AM gen3 and have own running farms full with AM gen3, they are actually making tons of money right now, clearly Friedcat sold a lot of chips long time ago and still he hasn't fulfilled his basic obligations to his own shareholders? If clients farms are running, it suggest us that AM farm is running too, but in stealth mode, non-visible to us, but we're not stupid. Jutarul, don't you want to say something about this mess and about that "May 27th." you mentioned ?

How can you tell whether they're running gen3 hardware?

[arousedrhino]

so clients of AM are selling/shipping their products using AM gen3 and have own running farms full with AM gen3, they are actually making tons of money right now, clearly Friedcat sold a lot of chips long time ago and still he hasn't fulfilled his basic obligations to his own shareholders? If clients farms are running, it suggest us that AM farm is running too, but in stealth mode, non-visible to us, but we're not stupid. Jutarul, don't you want to say something about this mess and about that "May 27th." you mentioned ?

How can you tell whether they're running gen3 hardware?

He can't he just likes to freak out about nothing all the time.

[triptamine]

If hardware is sold for fiat which has to be converted into BTC, and all of the Chinese exchanges have been experiencing issues recently, wouldn't that potentially create a delay?  I'm surprised no one has mentioned this yet.

Get out of here with your logic!

[bitcoin.newsfeed]

so clients of AM are selling/shipping their products using AM gen3 and have own running farms full with AM gen3, they are actually making tons of money right now, clearly Friedcat sold a lot of chips long time ago and still he hasn't fulfilled his basic obligations to his own shareholders? If clients farms are running, it suggest us that AM farm is running too, but in stealth mode, non-visible to us, but we're not stupid. Jutarul, don't you want to say something about this mess and about that "May 27th." you mentioned ?

How can you tell whether they're running gen3 hardware?

He can't he just likes to freak out about nothing all the time.

Yes, Neobee bagholders had the same "everything is fine, just stfu, our CEO is 2nd Jesus" attitude, when I warned them long before Brewster ran away with money. I am not suggesting, that FC is running with money... yet, but please keep this thread about ASICminer, not about personal attacks. Freedom of expression. Thanks.

[_mr_e]

If hardware is sold for fiat which has to be converted into BTC, and all of the Chinese exchanges have been experiencing issues recently, wouldn't that potentially create a delay?  I'm surprised no one has mentioned this yet.

Get out of here with your logic!

Yes. If so, I'm surprised Friedcat hasn't mentioned this yet.

[szmarco]

It's not difficult to trade with exchanges in china right now. Every Exchange has found some ways to avoid the bank issues. I'm in china.

[necro_nemesis]

Just keep fishing for reasons to justify what amounts to unjustifiable behavior.

Go back to the start of this thread and review to see how profoundly different things have become wrt relations.

[JoTheKhan]

Just keep fishing for reasons to justify what amounts to unjustifiable behavior.

Go back to the start of this thread and review to see how profoundly different things have become wrt relations.

Not really unjustifiable though.

For one, Friedcat never said anything about a forum announcement. He told Board members that he had an announcement on May 27th.. Maybe for the board members? Also note that we received this information from someone who is not Friedcat.

Also note that just because some hardware has shipped to some companies does not mean that all companies received all of their chips. I believe it was stated that dividends won't be going out until all shipments have been made so that they don't have to save money for refunds.

Lastly, the post from Jut that contained all this information said "Subject to change."

Maybe the dates have changed?

No reason to get pitchforks after a missed deadline, that wasn't even concrete.

I think FC at least deserves this much, and definitely deserves to not be compared to Neo & Bee.

[aahzmundus]

Just another note... If you do not like what is going on, no one is forcing you to hold your shares!  Sell them off and be done with it if you like.

[nycgoat]

I think the simple fact is that the newer shareholders haven't taken the time to properly educate themselves. 

During the last round of hardware sales, AM priced and sold in BTC.  All hardware sales were easily tracked through the blockchain using the addresses that the group sales used to collect money, and it was all traced to AM and their "hardware" wallet.  The "mining" wallet has been known forever. 

Because Bitcoin can move value around the world almost instantaneously, it was quite easy to collect and pay dividends.  There was NEVER the issue of converting (what would seem to be quite a bit of) fiat into BTC.  Yes, the Chinese exchanges have found "workarounds", somehow I don't see Friedcat standing in front of a Bitcoin ATM/"vending machine" with all the cash from hardware sales, nor do I see him wiring the money to the personal bank account of a CEO from a non-transparent exchange.

[triptamine]

I think the simple fact is that the newer shareholders haven't taken the time to properly educate themselves. 

During the last round of hardware sales, AM priced and sold in BTC.  All hardware sales were easily tracked through the blockchain using the addresses that the group sales used to collect money, and it was all traced to AM and their "hardware" wallet.  The "mining" wallet has been known forever. 

Because Bitcoin can move value around the world almost instantaneously, it was quite easy to collect and pay dividends.  There was NEVER the issue of converting (what would seem to be quite a bit of) fiat into BTC.  Yes, the Chinese exchanges have found "workarounds", somehow I don't see Friedcat standing in front of a Bitcoin ATM/"vending machine" with all the cash from hardware sales, nor do I see him wiring the money to the personal bank account of a CEO from a non-transparent exchange.

There's that logic again! We'll have none of that!

[_mr_e]

If it's so damn troublesome there in China then why didn't he just continue pricing in btc like before? Now we could be receiving our divs after the price rises and receive less... No good. Now he has to try and time the market... If he even cares to.