ASICMINER: Entering the Future of ASIC Mining by Inventing It

[KarmaShark]

I always thought this guy is friedcat  

Not FC, the guy in the pic was the guy from the blog.

It appears the market reaction is very bearish on the news of the salon. AM on its way back down, 0.24BTC and falling. Fried Cat could kill off the Havelock order book by showing up and announce a monster dividend for tomorrow. That would bring us below IPO at this rate.


Cheap shares my friends.

Dividend doesn't work , only steady dividend  works.

+1 steady, small (or large ) and continuing...

Patience padawan...


FC has already stated we are going to self-mining en masse. He also previously stated that dividends would eventually revert from monthly to weekly once the mining operation was running. Now we hear he hopes to start paying a dividend this month. So they will be consistent, the question is how big of a dividend will they be? Well, at least 60PH of hashrate worth, and possibly more.

There is the spectre of Gen4 coming out much sooner than everyone has anticipated. We may mine with Gen3 until early 2015 and then dominate the 28nm scene when Gen4 is unleashed. After this long a wait, the strong hands are happy to sit back for another few weeks to a month. The cheaper the share price goes, the bigger the profit for the strong hands.

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[Micky25]

I always thought this guy is friedcat  

Not FC, the guy in the pic was the guy from the blog.

When I look in his face it shows me: "I'm the proud owner of all this."

And after the picture went public by accident, FC told the blogger to make up a story.

But don't listen to me, I'm only an old fart and conspiracy theorist  

[jimmothy]

Anyone else think it's time for a new round of shareholder questions?

Seems like the last one was ignored/forgotten and the conference didn't really reveal much.

[CanaryInTheMine]

Anyone else think it's time for a new round of shareholder questions?

Seems like the last one was ignored/forgotten and the conference didn't really reveal much.

Geez!! Again???

[Caesium]

No. A reminder about the last set at most. Just let him get on with his job.

[whalezy]

Anyone else think it's time for a new round of shareholder questions?

Seems like the last one was ignored/forgotten and the conference didn't really reveal much.

No more questions, he just hold a salon. I think we can just wait for the dividends.

[jimmothy]

Not sure if this has already been posted but I think this is the official twitter for asicminer: https://twitter.com/ASICMinerANN

Interesting part:

Heavy broke the news: the latest independent research and development of mining machinery, grilled cat sale price will be: 3XXX yuan, single operator power> 1T; AM Company established an inter-mining machine model in the Pearl River Delta, Yangtze River Delta, Beijing, Tianjin, while welcoming the big miners, Miners business cooperation visit;

[Anotheranonlol]

exclsuive: FC release 2013 expenditure reports of shareholder dividends




slide 2 revealed their Cold storage strategies on gox and bitfunder

[bitcoin.newsfeed]

Anyone else think it's time for a new round of shareholder questions?

Seems like the last one was ignored/forgotten and the conference didn't really reveal much.

I share your opinion, that conference didn't reveal much, but do not forget :

Upcoming interview with Friedcat:
http://www.bitell.com/t/2026

looking forward for self-mining again(still don't know why we stop it in the first place for almost a year, and cause so much pain for shareholders, but ...ok, hodlers are stronger than ever now), hope™ we'll see public hashmeter or tagged blocks? why is hashrate not public yet, we're mining for months ...

exclsuive: FC release 2013 expenditure reports of shareholder dividends

what does it mean?

[pedrog]

Not sure if this has already been posted but I think this is the official twitter for asicminer: https://twitter.com/ASICMinerANN

Interesting part:

Heavy broke the news: the latest independent research and development of mining machinery, grilled cat sale price will be: 3XXX yuan, single operator power> 1T; AM Company established an inter-mining machine model in the Pearl River Delta, Yangtze River Delta, Beijing, Tianjin, while welcoming the big miners, Miners business cooperation visit;

Is there an english feed?

[bitsalame]

Heh, I wonder if FC is a good showman and has been accumulating bitcoins for a while to jumpstart everyone's expectations with a huge first dividend, semiofficially symbolizing the return of AsicMiner.
Regardless, I think many weak hands will end up crying for losing their shares.

BTW Friedcat looks almost like L from Death Note.

[dnaleor]

slide 2 revealed their Cold storage strategies on gox and bitfunder

so they lost BTC in Gox and bitfunder? 

Why didn't they use cold storage? They are the greatest mining company ever and they don't know the basics...

[hephaist0s]

BTW Friedcat looks almost like L from Death Note.

You have solved it! Perfect!

So where are his successors being trained...

[jimmothy]

Not sure if this has already been posted but I think this is the official twitter for asicminer: https://twitter.com/ASICMinerANN

Interesting part:

Heavy broke the news: the latest independent research and development of mining machinery, grilled cat sale price will be: 3XXX yuan, single operator power> 1T; AM Company established an inter-mining machine model in the Pearl River Delta, Yangtze River Delta, Beijing, Tianjin, while welcoming the big miners, Miners business cooperation visit;

Is there an english feed?

Not that I know of. Google translator works well enough though.

Also another official account (chinese twitter): http://weibo.cn/u/5195261989

[dnaleor]

I really think they should hire a communications person who translate such thinks for a small fee. Pay that guy a for a few hours of work per month and all investors are informed equally...

[gogxmagog]

exclsuive: FC release 2013 expenditure reports of shareholder dividends




slide 2 revealed their Cold storage strategies on gox and bitfunder

I would like to see a concise description with the bottom photo. cold storage on gox and bitfunder? wtf does that mean? also....Labcoin?? dafuq! Are you telling me AM has been stung by 3 of the worst scam/fails in BTC? Why are we hearing about this only now? Or, does Labcoin appear here only as an example of what NOT to do??? Explanation sorely needed, and fast! As soon as I hear any mention of Labcoin, Gox, or Bitfunder my blood literally boils.

EDIT- weibo will not let me set up an account... can someone provide copypastes of the content from there?

[freedomno1]

BTW Friedcat looks almost like L from Death Note.

You have solved it! Perfect!

So where are his successors being trained...

I love that reference L Change the World  
Kick Light out ^_^

@ Labcoin probably a what not to do example lol.

[Ozziecoin]

Even AM will regain the 15% hashrate percentage end of this year, the situation is totally changed campared to 2013. There are more electricity cost、management cost etc. So the net profit will be lower.

Also, in the long term, the industry profit of mining will only go lower and lower , in this point, mining profit maybe still larger than 60%, but in a free market where strong competition works  , even the industry profit 20% is still large.

So, maybe in 4 years , the industry profit will down to 10% .

That's how economic law works, even the Friedcat for president can't changed the law......

Or Btc goes up, negating electricity and admin costs. Long term, probable decline in profit but this is not an issue with access to cheap chip production. I.e. make lots of chips, squeeze out expensive producers.

[drasted]

Upcoming interview with Friedcat:
http://www.bitell.com/t/2026

Did this interview happen already, or does anyone know when it is meant to happen?

[Swordsoffreedom]

Upcoming interview with Friedcat:
http://www.bitell.com/t/2026

Did this interview happen already, or does anyone know when it is meant to happen?

Believe what we are discussing was the interview
All in the thread not sure if the transcript is out though