ASICMINER: Entering the Future of ASIC Mining by Inventing It

[SaintFlow]

Shure friedcat is busy .... again ..... and again ..... and then he is busy again.

Sidenote - i think he was thinking about his name when he came up with the
idea of "immersion cooling". He was thinking about frying is immersion.

So he is now friescat and you are all shareholders in his fast-food joint.
Damit he is even opening franchising.

What is next? Gen4 with 23nm hamburger and a coke reference design?

[bitcoiner49er]

How many on here own and operate a multi-million dollar company? 




Yeah, I thought so.

[lophie]

How many on here own and operate a multi-million dollar company? 




Yeah, I thought so.

I do, will YOU zip it now?

[prancing_around]

Can I invest in your company lophie? You don't have to pay dividends or even use my funds properly, just make sure my investment goes down in value gradually(with sharp downturns every now and then of course) and that you can offer plausible deniability in case I ever wonder what happened.

[SaintFlow]

How many on here own and operate a multi-million dollar company?  

And what qualifies you, pray one ask? Common help me cut the b******t.

[JoTheKhan]

Thankfully, everyone has the right to critique. You don't need to prove yourself to gain a right to an opinion.

[lophie]

Can I invest in your company lophie? You don't have to pay dividends or even use my funds properly, just make sure my investment goes down in value gradually(with sharp downturns every now and then of course) and that you can offer plausible deniability in case I ever wonder what happened.

Now how is that the case here? I don't know about you guys but I was there at IPO so yesterday I sold a couple of dozen shares for 150% IPO price while Bitcoin is more than 10x the price back then!

The cat is doing just fine!

[David M]

How many on here own and operate a multi-million dollar company? 

Does owning 10% and working in it count?

[Digigami]

It would sure be cool if AM direct shares were held in their own block chain of sorts..

lophie's recent posts make me wonder if he is one of the few IPO investors left in the game, or if there are many still out there?

[lophie]

It would sure be cool direct shares were held in their own block chain of sorts..

lophie's recent posts make me wonder if he is one of the few IPO investors left in the game, or if there are many still out there?

Check "NXT decentralized asset exchnge" Yes it is assets on a chain, aside of tokens.

And yes many IPO investors are here either silent or very loud. Most exited and entered many times and gained plenty from the price swings, me included.

[freedomno1]

It would sure be cool direct shares were held in their own block chain of sorts..

lophie's recent posts make me wonder if he is one of the few IPO investors left in the game, or if there are many still out there?

Distributed Autonomous Corporations or DACS is where Bitcoin and related technologies are moving towards
When assets can be represented by tokens and trading done inside an internal system it reduces a lot of overhead costs related to trading an asset.

And I'm sure there are more than a few ghosts out there just waiting for a jolt from Friedcat to wake them, from their long slumbers.
(Even Vycid ^_^)

[JoTheKhan]

About to be a month into Q3 in about a week. What's the plan for Q3/Q4 in terms of manufacturing, new Gen, etc.. Anyone know? Anyone from the board have any disclosable information?

[RoadStress]

About to be a month into Q3 in about a week. What's the plan for Q3/Q4 in terms of manufacturing, new Gen, etc.. Anyone know? Anyone from the board have any disclosable information?

The plan is to find more ways to not pay dividends.

[FUR11]

Ha well, I guess it's quite safe to assume they did really sell gen 3 at cost. At least large parts of it. That being said it remains to be seen whether the self and franchised mining is going to yield anything. I doubt there'll be many divs coming from gen 3. Sad thing.

[Chris_Sabian]

Can I invest in your company lophie? You don't have to pay dividends or even use my funds properly, just make sure my investment goes down in value gradually(with sharp downturns every now and then of course) and that you can offer plausible deniability in case I ever wonder what happened.

Now how is that the case here? I don't know about you guys but I was there at IPO so yesterday I sold a couple of dozen shares for 150% IPO price while Bitcoin is more than 10x the price back then!

The cat is doing just fine!

Must be nice...

Just looking at my holdings and I remember this:  https://bitcointalk.org/index.php?topic=223720.msg2371242#msg2371242

*sigh*

[Mabsark]

Ha well, I guess it's quite safe to assume they did really sell gen 3 at cost. At least large parts of it. That being said it remains to be seen whether the self and franchised mining is going to yield anything. I doubt there'll be many divs coming from gen 3. Sad thing.

It's no more safe for you to assume that than is it for me to assume that you molester children based on the evidence your posts have provided. People like you spreading total nonsense is what's really sad.

[cs54]

So while we're loitering in the information vacuum...do any believers out there feel like laying out their predictions for Gen 3 outcomes?

EDIT: Better yet, how about response predictions to the questions list?

Shareholders questions were submitted to Friedcat.

Thank you all for taking the time to participate in this round of shareholders questions.

1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?

2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners are and will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?

3) How many PH/s of gen 3 have already been sold/shipped by now ?

4) Has the "60 PH/s batch" progressed any further ? When is it supposed to be completely done ? How much has already been sold ?

5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?

6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, Hashratio is it possible to get some clarity on the relationships AM has with different groups ?

7) Is Asicminer selling chips at cost already ? Rumors have been going around that it is known in China that the chips are being sold at cost. Can we please have a confirm/deny on these rumors and explanation why ?

8 ) The last post mentioned that average sales cost is about .5$/gh, is this still the average ?

9) Has AM any stock repurchase plan for now or in the future ?

10) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?

11) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.

[hdbuck]

So while we're loitering in the information vacuum...do any believers out there feel like laying out their predictions for Gen 3 outcomes?

EDIT: Better yet, how about response predictions to the questions list?

Shareholders questions were submitted to Friedcat.

Thank you all for taking the time to participate in this round of shareholders questions.

1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?

2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners are and will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?

3) How many PH/s of gen 3 have already been sold/shipped by now ?

4) Has the "60 PH/s batch" progressed any further ? When is it supposed to be completely done ? How much has already been sold ?

5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?

6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, Hashratio is it possible to get some clarity on the relationships AM has with different groups ?

7) Is Asicminer selling chips at cost already ? Rumors have been going around that it is known in China that the chips are being sold at cost. Can we please have a confirm/deny on these rumors and explanation why ?

8 ) The last post mentioned that average sales cost is about .5$/gh, is this still the average ?

9) Has AM any stock repurchase plan for now or in the future ?

10) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?

11) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.

plz dont.

[Dacm4n]

Can I invest in your company lophie? You don't have to pay dividends or even use my funds properly, just make sure my investment goes down in value gradually(with sharp downturns every now and then of course) and that you can offer plausible deniability in case I ever wonder what happened.

Now how is that the case here? I don't know about you guys but I was there at IPO so yesterday I sold a couple of dozen shares for 150% IPO price while Bitcoin is more than 10x the price back then!

The cat is doing just fine!

Must be nice...

Just looking at my holdings and I remember this:  https://bitcointalk.org/index.php?topic=223720.msg2371242#msg2371242

*sigh*

Yea sometimes having strong hands hurts. I held on to my last shares for way too long.  The shares will most likely never be valued that high again.

[Mined]

I'm buying into ASICMINER now