ASICMINER: Entering the Future of ASIC Mining by Inventing It

[🏰 TradeFortress 🏰]

DIVS!?

0.000255 / share by my calculations...

Unless someone randomly sent me a payment to that address...

Nothing here... 

Oops, was payment from another old GLBSE asset I had... Assumed it was AM since none of those are paying out regularly anymore.

Didn't think any of the GLBSE assets still paid out anything anymore bit of a nice surprise I guess
Back to waiting.

Hmm, which asset is still paying out?

[feifa]

 
Hashratio is using AM's Block Erupter to build 4~5P farm
From the interview by YangYang
http://www.cybtc.com/thread-8727-1-1.html

[He1l_Q]

What makes you think that's a scam?  Looks like a real piece of hardware built off of a specific design AM published a month or so ago as open source...  Remember?  The sexy one with the amazing heatsink design that everyone wanted just for looks.  Hell... I want one just to put on a shelf, fuck if it makes ROI!

this their official site: http://www.edentech.org.cn/

Do you think a normal commercial company would use a domain (org.cn) like this?

Why don't they show us some videos rather than only ONE blurry and small photo?

Besides, I think you might agree that PRE-order is almost means a SCAM in this industry.

btw, I have some shares of AM. That's to say, if this company do exists and is using chips from AM, it will be a good news for us all.

The sales of this company said the device was desinged by AM, they just sell it.
He also said FC will approve it tomorrow, just waiting.

check this: http://finance.chinanews.com/it/2014/06-30/6332939.shtml?qq-pf-to=pcqq.c2c&ADUIN=496022741&ADSESSION=1404092186&ADTAG=CLIENT.QQ.5341_.0&ADPUBNO=26368
and this: https://bitcointalk.org/index.php?topic=671151.0

Do you mean that these reports are just jokes? of course you can read Chinese.

[feifa]

What makes you think that's a scam?  Looks like a real piece of hardware built off of a specific design AM published a month or so ago as open source...  Remember?  The sexy one with the amazing heatsink design that everyone wanted just for looks.  Hell... I want one just to put on a shelf, fuck if it makes ROI!

this their official site: http://www.edentech.org.cn/

Do you think a normal commercial company would use a domain (org.cn) like this?

Why don't they show us some videos rather than only ONE blurry and small photo?

Besides, I think you might agree that PRE-order is almost means a SCAM in this industry.

btw, I have some shares of AM. That's to say, if this company do exists and is using chips from AM, it will be a good news for us all.

The sales of this company said the device was desinged by AM, they just sell it.
He also said FC will approve it tomorrow, just waiting.

check this: http://finance.chinanews.com/it/2014/06-30/6332939.shtml?qq-pf-to=pcqq.c2c&ADUIN=496022741&ADSESSION=1404092186&ADTAG=CLIENT.QQ.5341_.0&ADPUBNO=26368
and this: https://bitcointalk.org/index.php?topic=671151.0

Do you mean that these reports are just jokes? of course you can read Chinese.

Yeah, I have read the news, but I did't heard the company EDEN.
The sales  said the company was registered in HK, but I didn't find any  information of this company on web

[Anthony1985]

Hello Guys

I own some shares of AM100 on havelockinvestments.com but has been a very long time since I got the last dividends,can you explain me why and when I would get again some of the dividends?

[KS]

No dividends, everything is going into making Gen3 chips. 100PH on order or sth, delivery late summer (or later). No news on when divs would be back.

[mc_lovin]

I wish we would just make an updated blade already.  What was wrong with that design?  Rockxie has some great ideas but the 32-chip boards that AM put out originally worked great.  A single PCB + heatsink, 32 chips of glory and an ethernet jack. 

[mc_lovin]

New Rockxie creation shipping tomorrow?

http://shop.rockminer.com/goods.php?id=41

[MilkyLep]

https://bitcointalk.org/index.php?topic=632947.msg7644185#msg7644185

[mc_lovin]

https://bitcointalk.org/index.php?topic=632947.msg7644185#msg7644185

Nice find!

I'm going to quote it so this thread has pretty pictures

There ya go.

[JoTheKhan]

Lets hope for some good news this weekend. I feel like BTC is bound to hit a new pump, I hope AM is Mining/(Finished selling) by then.

[kingcrimson]

Awful quiet in here. Everyone OK out there? Bracing for 0.10?

Yes it is the prisoners dilemma at play

[necro_nemesis]

I somewhat enjoy observing competitors comments knowing that all that so called obsolete AM hashing power is effecting their future profitability. Even if FC damn near gives it away hashing power is hashing power and every ounce of it erodes the competition's projected profits and postures AM in the market for the future. Hoping a fair amount went into mining and franchising at this juncture. Gladly pay the hydro bill on it from profits until Gen4 hits the scene. Still more cost competitive then buying retail equipment and mining no matter who makes it IMHO. Really would like an update on where it all went when the product deployment dust settles and the overall strategic plan with Gen3 and 4. I get the sense there's a long term plan that has the two Gens interrelated but short term updates would be appreciated.

[Blazed]

I fail to see how this hurts competitors..seems SP / Bitmain are selling non stop with happy customers.  How does giving hardware away for cheap help AM later on exactly?  I am amazed how much faith you guys have in AM chips.. Gen 3 was nothing impressive at all.  You think that KnC and BitFury are scared of AM selling these chips for cheap?

[necro_nemesis]

It's very simple. When you presale a device that has an anticipated hash rate you're required to forecast what you can get for it based on the where it stands in the network at the time of delivery. If you overestimate it's value when setting it's selling price you end up with pissed off customers who overpaid. If you take the more respectable route as Bitmain does selling when you can actually deliver then more network hashing equates to less profit for your product as you can't expect to get the same return from it. To discount a sizeable amount of hashing power is just foolish no matter if the flavor of that ASIC doesn't suit your pallet.

[willBTC]

I have asked Friedcat about the franchising mining farm,Friedcat replied me by E-mail that the franchising mining farm will be work after the mid of July.

BTW, I  will be a small franchise partner too    

each 100 Asciminer shares will  mortgage 15T hashrate .  franchising will get 20% mining profit when deduct the electric fee .

[feifa]

I have asked Friedcat about the franchising mining farm,Friedcat replied me by E-mail that the franchising mining farm will be work after the mid of July.

BTW, I  will be a small franchise partner too    

each 100 Asciminer shares will  mortgage 15T hashrate .  franchising will get 20% mining profit when deduct the electric fee .

Good news!
So  you just buy some shares on havelock at 0.19~0.2BTC/share

[JoTheKhan]

I have asked Friedcat about the franchising mining farm,Friedcat replied me by E-mail that the franchising mining farm will be work after the mid of July.

BTW, I  will be a small franchise partner too    

each 100 Asciminer shares will  mortgage 15T hashrate .  franchising will get 20% mining profit when deduct the electric fee .

Anyone wish to elaborate this means? If you have 100 AM shares, you can put them up as collateral for ~15T in mining gear, where you personally keep roughly ~20% of Profits/(Take Electricity Cost) (Meaning the other ~80% goes to AM for Divs/BitFountain)?

If this is the case, that is really cool. This sounds really really cool.

[willBTC]

I have asked Friedcat about the franchising mining farm,Friedcat replied me by E-mail that the franchising mining farm will be work after the mid of July.

BTW, I  will be a small franchise partner too    

each 100 Asciminer shares will  mortgage 15T hashrate .  franchising will get 20% mining profit when deduct the electric fee .

Anyone wish to elaborate this means? If you have 100 AM shares, you can put them up as collateral for ~15T in mining gear, where you personally keep roughly ~20% of Profits/(Take Electricity Cost) (Meaning the other ~80% goes to AM for Divs/BitFountain)?

If this is the case, that is really cool. This sounds really really cool.

yes, that's the case. I was confirmed with Friedcat.

[btcbot]

I have asked Friedcat about the franchising mining farm,Friedcat replied me by E-mail that the franchising mining farm will be work after the mid of July.

BTW, I  will be a small franchise partner too    

each 100 Asciminer shares will  mortgage 15T hashrate .  franchising will get 20% mining profit when deduct the electric fee .

Anyone wish to elaborate this means? If you have 100 AM shares, you can put them up as collateral for ~15T in mining gear, where you personally keep roughly ~20% of Profits/(Take Electricity Cost) (Meaning the other ~80% goes to AM for Divs/BitFountain)?

If this is the case, that is really cool. This sounds really really cool.

Collateral?  I thought he meant every 100 shares would be entitled to the 15T's 20% profits?