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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918220 times)
hdbuck
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June 05, 2014, 01:59:34 PM
Last edit: June 05, 2014, 02:36:08 PM by hdbuck
 #20481

Brief Answers to Shareholder Questions

...

Thanks for these answers friedcat!!



Awesome. Thx FC! Never doubted you Smiley

edit: LMAO actual network hashrate is about 80PH. AM already has 60PH of wafers in inventory (& not even considering june's batch)...
Who said there will be no doubling the hashrate??
FLOOOOD COMING Cheesy Grin



Franktank
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June 05, 2014, 02:01:49 PM
 #20482

Thanks for these answers friedcat!!

+∞ on this!

Is it too soon to start speculating if Gen5 will be under 20nm?
bitcoin.newsfeed
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June 05, 2014, 02:03:16 PM
 #20483

Current Network Stats : Speed 81.60 PH/s

A little less than 60P of wafers, most of which are on their final stages of production.

Sweet.Mother.Of.God  Shocked

OK guys, there are our dividends, I told you ! Wink So far the best update ever, thank you Friedcat for taking the time, me personally, I am amazed by this.

... Question Everything, Believe Nothing ...
lan787
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June 05, 2014, 02:04:22 PM
 #20484

Dividends are expected to be next month then. Did I understand it correctly?
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June 05, 2014, 02:04:44 PM
 #20485

This, I can live with. Much appreciated FC.



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June 05, 2014, 02:06:30 PM
 #20486

Okay, umm... Why aren't that many people buying? Doubts that this is good news?  Undecided

I should have gotten into Bitcoin back in 1992...
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June 05, 2014, 02:08:47 PM
 #20487

Okay, umm... Why aren't that many people buying? Doubts that this is good news?  Undecided


Some are still waking up, I predict. Should be a nice surprise to wake up to given the last few weeks. Minerpumpkin, any chance you want to take a shot at speculating on some numbers now that FC has filled us in on some of the variables? Should be able to give us a cleaner looking crystal ball.
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June 05, 2014, 02:10:12 PM
 #20488

Yes,We love you FC. But we are bankrupted.
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June 05, 2014, 02:11:28 PM
 #20489

Current Network Stats : Speed 81.60 PH/s

A little less than 60P of wafers, most of which are on their final stages of production.

Sweet.Mother.Of.God  Shocked

OK guys, there are our dividends, I told you ! Wink So far the best update ever, thank you Friedcat for taking the time, me personally, I am amazed by this.

That can't be right... How could we possibly have so much PH??

I was guessing ~20PH.
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June 05, 2014, 02:12:39 PM
 #20490

Okay, umm... Why aren't that many people buying? Doubts that this is good news?  Undecided
People too short term cash focused.  Wall St types. Also, they don't understand the report. LOL.

Non-technical coin. Use OZC to intro coins to everyday aussies: http://ozziecoin.com
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June 05, 2014, 02:12:52 PM
 #20491

Thanks FC! Keep up the good work.
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June 05, 2014, 02:13:03 PM
 #20492

First I got to read from Jesus, now even FC is posting. Wow, what a day Grin
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June 05, 2014, 02:13:47 PM
 #20493

A little less than 60P of wafers, most of which are on their final stages of production.

Lemme rephrase that:

A little less than 60% of the current global hashrate, most of which are on their final stages of production.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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June 05, 2014, 02:14:30 PM
 #20494

Current Network Stats : Speed 81.60 PH/s

A little less than 60P of wafers, most of which are on their final stages of production.

Sweet.Mother.Of.God  Shocked

OK guys, there are our dividends, I told you ! Wink So far the best update ever, thank you Friedcat for taking the time, me personally, I am amazed by this.

That can't be right... How could we possibly have so much PH??

I was guessing ~20PH.


I missed this in the update from him. I too was expecting 20-25PH total. I wouldn't mind having a more detailed explanation so it makes sense. Perhaps this is yet another case of the FC's panache for under-promising and over-delivering?
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June 05, 2014, 02:15:33 PM
 #20495

Yes,We love you FC. But we are bankrupted.
Are we reading the same update?  Huh  

Time to back up the truck Tongue

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June 05, 2014, 02:18:00 PM
 #20496

Yes,We love you FC. But we are bankrupted.
Are we reading the same update?  Huh  

Time to back up the truck Tongue




This is why having liquid BTC on HL waiting for moments of awesomeness such as this is vital. By the time coin makes it over the price will be higher, that is for sure.
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June 05, 2014, 02:18:33 PM
 #20497

Thanks for the answers Smiley 60PH!
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June 05, 2014, 02:18:56 PM
 #20498

Also, how long are direct share transfers expected to take?
realtime
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June 05, 2014, 02:21:03 PM
 #20499

annnndddd there goes Havelock....lol
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June 05, 2014, 02:21:39 PM
 #20500

annnndddd there goes Havelock....lol
Yep, can't login.

Non-technical coin. Use OZC to intro coins to everyday aussies: http://ozziecoin.com
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