ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Another User]

when he posted last time in this topic?

he doesnt care about shareholders.

he is worse than ken, at this regard.

where are updates?

wtf is going on?

i think we have been scammed.

now buy buy buy!
and hodl,

yesterday was a good day for trading, 0.12 bottom.
now 0.24 with potential to 0.3-0.4 in few days
still great profit opportunity

i hope friedcat will launch some immersion cointainers with own pcb design, a lot of money was dumped into those tanks and installations, i am sure that it will be used or sold in next few weeks.

                  Wow.
                                                Such manipulation.
                     Much BTC.
                                             So "pro"

[vortex1878]

now buy buy buy!
and hodl,

yesterday was a good day for trading, 0.12 bottom.
now 0.24 with potential to 0.3-0.4 in few days
still great profit opportunity

i hope friedcat will launch some immersion cointainers with own pcb design, a lot of money was dumped into those tanks and installations, i am sure that it will be used or sold in next few weeks.

To people who sold their shares at a loss due to panic, you can thank people this person and people like him who spread FUD.

finally, fresh perspective
it looks like scam now

and some of you, circlejerks and bagholders think over it again.

no divs, but sales and mining were done
no posting either

"we are all fucked over again", in bfl style (failed gen2, overpromised gen3, no communication and "subject to change")

sad.

Yep. I have that donkey on ignore from the moment he showed up here anyway. But I have to say kudos to him. He took well advantage of all the idiots who cannot read a balance sheet.

[dmcdad]

Protip for bbxx: check to make sure you are (or aren't) logged into sock puppet account #8761234 before posting.

[bbxx]

Protip for bbxx: check to make sure you are (or aren't) logged into sock puppet account #8761234 before posting.

i do never use puppet account.

i was little confused by last days without raport but after digging some there and there i am now bullish.
plase do not blame me for loss of share value, it was not becouse of few of my post but all of that circumstances (unclear balance sheet, btc price apreciation, irc pastings, etc)

[rudi]

The lately XBTec now advertizes 5Ph immersion cooled mining rigs on their websites (here come your new competitors spondoo..)..
https://bitcointalk.org/index.php?topic=626694.msg7074332#msg7074332.

This is really interesting!

[hdbuck]

Protip for bbxx: check to make sure you are (or aren't) logged into sock puppet account #8761234 before posting.

i was little confused by last days without raport but after digging some there and there i am now bullish.
plase do not blame me for loss of share value, it was not becouse of few of my post but all of that circumstances (unclear balance sheet, btc price apreciation, irc pastings, etc)

BS even your avatar betrays you. At least be proud of it.

[Mabsark]

The lately XBTec now advertizes 5Ph immersion cooled mining rigs on their websites (here come your new competitors spondoo..)..
https://bitcointalk.org/index.php?topic=626694.msg7074332#msg7074332.

This is really interesting!

That would be at least $1.5 million USD profit for AM for everyone of them sold.

[hdbuck]

The lately XBTec now advertizes 5Ph immersion cooled mining rigs on their websites (here come your new competitors spondoo..)..
https://bitcointalk.org/index.php?topic=626694.msg7074332#msg7074332.

This is really interesting!

That would be at least $1.5 million USD profit for AM for everyone of them sold.

It wouldnt surprise me that AM reserved few of them (at preferential price) for their own mining operations too.

[Franktank]

During all the irrational panic, has no one paid any attention to the immersion cooling portion? According to page 3, production of the PCBs, immersion tanks, and their assembly started on May 8th. Seems to explain the lack of May dividends and why much of the assets consists of "materials" (according to the financial statements).

https://docs.google.com/file/d/0ByWHHc0u_thNdzB3c2hvVzJkcTQ/edit

Anyone else curious when they come online?

[electerium]

Mehh everything is on track. Within the next month or two, we will see even more miner companies blooming thx to AM's chips. The lately XBTec now advertizes 5Ph immersion cooled mining rigs on their websites (here come your new competitors spondoo..)..
https://bitcointalk.org/index.php?topic=626694.msg7074332#msg7074332

AM share price will go up back to 0,4 in a blink once we got a better idea about quantities, production/selling prices, advancement in production, kicking off of solomining and franchising. They just started selling WORKING chips (in-stock!) for barely a month. Cut FC some slack so he can sell those 8M worth chips (production cost). And there's still a massive 3rd batch for june..
Tape out was successful 3 months ago only (or could it be 2 maybe? I remembered some delays so everything would be perfect - ie not like Avalon, Hashfast & co.).
I predict by july/august 1st round of agressive divs. Taking the price back to 0,7 at least.

Now keep your FUD to yourselves or feel free to sell your shares at those RIDICULOUS prices

edit: Plus AM is dealing with TSMC. thats no bullshit industry partner. what's 3 months of no divs? or even 5 or 6? or a year? NEVER in any normal companies divs has been payed every fucking weeks. you noobs.

yup. so basically everyone AM sold chips to makes money but AM themselves. Hilarious that friedcat ran around confirming orders to pump IPOs of every (former) large AM shareholder.

He's going to bleed out AM dry, and guess who, as usual, is going to be left holding the bag? Not friedcat, not the chinese shareholders, not rockminer or anyone else who bought those chips.

Sounds exactly like what TAT is insinuating in those chat logs.

[necro_nemesis]

No conspiracy.  But, we have become a really big group of whiny bitches.  (myself included)
Regardless if it's warranted or not - I wouldn't want to put up with us.

I wouldn't be so quick to be apologetic about investor behavior. It's largely attributable to the lack of information coming from AM. IMHO there would be a fraction of the problems if they reported and didn't let imaginations run wild. To blame investors for their poor behavior as a result of the situation is wrong.

The less communication we have, the more irritated we become.  
The more irritated we become, the less communication we'll be provided.

I totally agree with you.  But, there's no good reason for them to fix it.  We're irrelevant.

I'm pretty sure AM isn't giving us the silent treatment for behaving like insolent children. What I find interesting is all those who felt it was an act of dissension asking questions and just said trust in FC are post financial report, asking similar questions.

[Franktank]

Boy, those PCB's are sure starting to look pretty too:

https://docs.google.com/file/d/0ByWHHc0u_thNNHVaX2VsRk5iVkE/edit

https://docs.google.com/file/d/0ByWHHc0u_thNbC1uQlBZQXpMN2s/edit

https://docs.google.com/file/d/0ByWHHc0u_thNSE15MHktcmNXekU/edit

[hdbuck]

...
Sounds exactly like what TAT is insinuating in those chat logs.

STFU you clearly dont have a clue what you're talking about.

[electerium]

I knew something was fishy when TAT let go of the PT management because he kept the Neo&Bee PT on havelock. It made no sense to me. Whatever you want to believe about TAT and Neo&Bee is fine, but he left several but kept one on havelock. If it was about havelock wanting more control, that is incongruous with TAT leaving AM but keeping NB. The timing was horrific and just reeked of someone either being pushed out or just wanting to wash their hands of an impending shit storm.

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

It now just reeks of horrible collusion against every AM shareholder that has not been privy to the rockminer et al. sales and company structure.

[SaintFlow]

with all the "miner producing companys" asicminer is delivering to:
what if any guarantee is there, that they will not later switch
to another chip producing company?

[hdbuck]

I knew something was fishy when TAT let go of the PT management because he kept the Neo&Bee PT on havelock. It made no sense to me. Whatever you want to believe about TAT and Neo&Bee is fine, but he left several but kept one on havelock. If it was about havelock wanting more control, that is incongruous with TAT leaving AM but keeping NB. The timing was horrific and just reeked of someone either being pushed out or just wanting to wash their hands of an impending shit storm.
Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.
It now just reeks of horrible collusion against every AM shareholder that has not been privy to the rockminer et al. sales and company structure.

Come on man, did you give TaT a BJ to know all this? i red all the logs from MP's IRC channel and although they view AM cynically (like everything else in bitcoinland - cant blame them), they nonetheless give FC some credit.
Anyhow feel free to short and leave.

[jimmothy]

Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.

I only know of rockminer which is currently selling hardware. How exactly is this a red flag?

Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.

How exactly can AM be "bled out" by its customers?

[hdbuck]

with all the "miner producing companys" asicminer is delivering to:
what if any guarantee is there, that they will not later switch
to another chip producing company?

in-stock
fair price
fair specs
fair quality
mass quantity

[electerium]

I knew something was fishy when TAT let go of the PT management because he kept the Neo&Bee PT on havelock. It made no sense to me. Whatever you want to believe about TAT and Neo&Bee is fine, but he left several but kept one on havelock. If it was about havelock wanting more control, that is incongruous with TAT leaving AM but keeping NB. The timing was horrific and just reeked of someone either being pushed out or just wanting to wash their hands of an impending shit storm.
Then when we got word that the chips didn't quite spec out as well as anticipated, but we still saw 2 huge IPOs of former AM chinese shareholders still get pushed through to the public. That shouldve been the biggest red flag.
Everything that TAT insinuates in that chat long aligns with the narrative that AM is going to be bled out by rockminer, xtbec, and any other franchised buyer of those chips.
It now just reeks of horrible collusion against every AM shareholder that has not been privy to the rockminer et al. sales and company structure.

come on man, did you give TaT a BJ to know all this? i red all the logs from MP's IRC channel and although they view AM cynically (like everything else in bitcoinland), they nonetheless give FC some credit. anyho feel free to short and leave.

if 1 month ago FC made this post, how do you think it changes the financials that were dropped a few days ago?



- sales are fine
- converting fiat to btc has now become an issue
- AM will have to restructure near term dividend scheduling until fiat/btc exchange becomes robust again
- we have lots of chips, we will sell lots of chips


instead, "nothing is wrong" was kept shoved down everyone's throat for the past 3 months. When i can count at least 10-20 posts in that time frame that raised concerns about fiat/btc conversion in light of chinese regulation and changing legal landscape, but they kept saying that nothing was wrong.

so AM just drops a bomb on the day after dividends are supposed to arrive that theyve been having the exact problems that people thought they would have 3 months ago.

[addi]

so AM just drops a bomb on the day after dividends are supposed to arrive that theyve been having the exact problems that people thought they would have 3 months ago.

Dropping a bomb, after stating themselves that we can expect "aggressive dividends" nonetheless.