Mabsark
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September 16, 2014, 12:56:19 AM |
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The quantity of gen3, despite the failings in the design's efficiency, allowed enough of a margin on the project to stay in the fight for the top chip producer. Gen4 needs to be able to beat that efficiency mark and still make the large-scale quantity orders that we saw with gen3.
Can anyone give info on which of AM's chips are in current mining hardware from hardware partners (namely RockMiner)?
Whether gen 4 is good or bad, large quantities of chips will be produced regardless in order to cover the costs. As for which of AM's chips are in current hardware, BE200 is in all of them as that's the only chip they're currently making and selling. I don't think that was what you meant to ask though as the answer was simply too obvious. Did you want to know what hardware is BE200 based? I really don't see why there is such concern for Gen4. From Jutarul's statement it appears the current concerns are with the size of the network, the cost of maintaining what they presently have or will have and the price of BTC.
When would they not be concerns? |
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jjdub7
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September 16, 2014, 01:06:54 AM |
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The quantity of gen3, despite the failings in the design's efficiency, allowed enough of a margin on the project to stay in the fight for the top chip producer. Gen4 needs to be able to beat that efficiency mark and still make the large-scale quantity orders that we saw with gen3.
Can anyone give info on which of AM's chips are in current mining hardware from hardware partners (namely RockMiner)?
Whether gen 4 is good or bad, large quantities of chips will be produced regardless in order to cover the costs. As for which of AM's chips are in current hardware, BE200 is in all of them as that's the only chip they're currently making and selling. I don't think that was what you meant to ask though as the answer was simply too obvious. Did you want to know what hardware is BE200 based? Yep - although looking again at RockMiner's timeline, I'm guessing they're all the same chip. Gen3 (BE200) or earlier? For everything they have? |
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Mabsark
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September 16, 2014, 01:54:25 AM |
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Yep - although looking again at RockMiner's timeline, I'm guessing they're all the same chip. Gen3 (BE200) or earlier? For everything they have?
RockMiner was created specifically to build BE200 miners for sale and self mining. The CEO used to be an AM gen 1 reseller before that. There should be two types of BE200 though, a.k.a. gen 3 and gen 3.1, but there was never any real info released about it (what a surprise) so I'm not sure what he actual differences are between the revisions. |
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necro_nemesis
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September 16, 2014, 02:22:19 AM |
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When would they not be concerns?
Now apparently when you have a board member stating it is of considerably less significance than the other factors he gave. |
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hl5460
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news.8btc.com
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September 16, 2014, 03:06:53 AM |
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Lixiaolai, one of the most famous guy among Chinese btc circle, said he held "6-figure" bitcoins. Someone found that he held at least 3319 AM shares.  |
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drasted
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September 16, 2014, 03:39:51 AM |
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Lixiaolai, one of the most famous guy among Chinese btc circle, said he held "6-figure" bitcoins. Someone found that he held at least 3319 AM shares. What's the relevance of that. What is he famous for? Does he have any effect on asicminer? |
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jjdub7
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September 16, 2014, 03:51:24 AM |
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Lixiaolai, one of the most famous guy among Chinese btc circle, said he held "6-figure" bitcoins. Someone found that he held at least 3319 AM shares. What's the relevance of that. What is he famous for? Does he have any effect on asicminer? It means that there are others there who may be seeking a board seat to get a closer view on the current situation. Speaking of which, Havelock holds like 5 board seats - why isn't board info disseminated to shareholders or what is the situation there? |
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drasted
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September 16, 2014, 04:02:19 AM |
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Lixiaolai, one of the most famous guy among Chinese btc circle, said he held "6-figure" bitcoins. Someone found that he held at least 3319 AM shares. What's the relevance of that. What is he famous for? Does he have any effect on asicminer? It means that there are others there who may be seeking a board seat to get a closer view on the current situation. How do you figure that he's seeking (or might be seeking) a board seat? All that shows is that during some point while asicminer was paying dividends that guy owned a certain amount. Sure there's a chance that he is, but there's just as much chance that anyone else is too. |
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jjdub7
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September 16, 2014, 04:35:59 AM |
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Lixiaolai, one of the most famous guy among Chinese btc circle, said he held "6-figure" bitcoins. Someone found that he held at least 3319 AM shares. What's the relevance of that. What is he famous for? Does he have any effect on asicminer?It means that there are others there who may be seeking a board seat to get a closer view on the current situation. How do you figure that he's seeking (or might be seeking) a board seat? All that shows is that during some point while asicminer was paying dividends that guy owned a certain amount. Sure there's a chance that he is, but there's just as much chance that anyone else is too. It accounts for part of the demand (higher prices) during that time as well. Also, you don't generally sit on the sideline with 2/3 of a board seat in any company after 6 months of slowly buying in without pushing for the full board seat. That leaves far less demand to be accounted for by variance if you were trying to price the market. "Does he have any effect on asicminer?" Seeing as he owns ~0.83% of the company, yes he has a nominal effect. He owns enough to move the already-thin market. If he decided he didn't want to be a board member tomorrow and sold on the exchange, it would send the price through the floor, making shareholders more resentful, which (in a company with normal capital structure) may be enough to call a board meeting and replace the CEO. That probably won't happen here, as most shareholders still seem relevantly confident that FC is the man for the job (just the the job is becoming more complex and also idk if shareholders have voting rights or if AM "shares" aren't actually shares at all but rather depository receipts, which IIRC is the actual case here). |
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Bonam
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September 16, 2014, 04:43:51 AM |
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That probably won't happen here, as most shareholders still seem relevantly confident that FC is the man for the job (just the the job is becoming more complex and also idk if shareholders have voting rights or if AM "shares" aren't actually shares at all but rather depository receipts, which IIRC is the actual case here).
They are neither. They are an anonymous online promise. |
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bitsalame
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Preaching the gospel of Satoshi
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September 16, 2014, 04:51:54 AM |
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That probably won't happen here, as most shareholders still seem relevantly confident that FC is the man for the job (just the the job is becoming more complex and also idk if shareholders have voting rights or if AM "shares" aren't actually shares at all but rather depository receipts, which IIRC is the actual case here).
They are neither. They are an anonymous online promise. Even oral contracts are legally valid. We have more substance than that. Not because it is digital it makes everything less reliable. |
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Mabsark
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September 16, 2014, 04:54:43 AM |
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Now apparently when you have a board member stating it is of considerably less significance than the other factors he gave.
So, let me get this straight, what you're saying is that the concerns posted by Jutarul are less important than the concerns posted by Jutarul.  I suggest you pay more attention in the future to what you're reading and writing as that comment just makes no sense whatsoever. If he decided he didn't want to be a board member tomorrow and sold on the exchange, it would send the price through the floor, making shareholders more resentful, which (in a company with normal capital structure) may be enough to call a board meeting and replace the CEO.
How many times does it need repeating that the exchange price is irrelevant. It's based on a small fraction of AM shares and the sentiment of day traders. If it fell to 0 in such circumstances, I certainly wouldn't be resentful. Pretty much everyone would be buying up incredibly cheap shares and the price would quickly get back to its original level before the sell off. |
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jjdub7
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September 16, 2014, 06:55:41 AM |
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If he decided he didn't want to be a board member tomorrow and sold on the exchange, it would send the price through the floor, making shareholders more resentful, which (in a company with normal capital structure) may be enough to call a board meeting and replace the CEO.
How many times does it need repeating that the exchange price is irrelevant. It's based on a small fraction of AM shares and the sentiment of day traders. If it fell to 0 in such circumstances, I certainly wouldn't be resentful. Pretty much everyone would be buying up incredibly cheap shares and the price would quickly get back to its original level before the sell off. Considering the exchange is the most liquid source of shares, I'd say it carries somewhat of a benchmark significance. You don't see people responding to the question 'Where can I buy shares of ASICMINER?' with 'Hmm, your best bet would probably be to troll the forum looking for a holder who will sell.' (and, coincidentally, if they do, what price will the holder undoubtedly quote to determine their price?) |
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jjdub7
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September 16, 2014, 07:25:37 AM
Last edit: September 16, 2014, 07:46:33 AM by jjdub7 |
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New post to highlight significance. Funds moved out of original (old solo) mining address to https://blockchain.info/address/1ERszMSERwHNR9Xty73KZXpsg1jjBXWcHh. This address in turn links to many of the other addresses mentioned through a ~500 BTC transaction to https://blockchain.info/address/16V3hoVfbQmpQQpCSkAirjVHGfSFoDFSbW (to sign these tx's, FC would have to hold the private keys to all inputs), including, most notably: https://blockchain.info/address/19iVyH1qUxgywY8LJSbpV4VavjZmyuEyxVhttps://blockchain.info/address/3MkwFfGNQDve7vz1z6gUDVxkuQpcSV3Mz8https://blockchain.info/address/13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZLhttps://blockchain.info/address/1KryFUt9tXHvaoCYTNPbqpWPJKQ717YmL5In addition, these link through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL via https://blockchain.info/tx/8c958ec1993b9b64442db8e591746a5f93ed0787921df6627ba86474e9576bfahttps://blockchain.info/tx/e3fd553c14699ec480c588c963c22515d869fed59a8cc2aaecb30e84ab4be30ehttps://blockchain.info/tx/3426ad6a3be780b008b0d8f392d4d62fe098271f1f23de38b483655ef7086273
!! https://blockchain.info/address/12WRnQR85ZUT7dhmaHBNL5dde2QLYieW6v
https://blockchain.info/address/1B9KrM7bjhJ42qJSWr1KJrNTAP1SNGMpJu
The transactions I'd seen these addresses a number of times before and have mentioned them in this forum, but the tx that definitively links them is when the funds were sent from 1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i (AM's old solomining address which has been receiving the BTCGuild output) to 1ERszMSERwHNR9Xty73KZXpsg1jjBXWcHh earlier this morning. Also, in case anyone's looking (I'm out of BTC after buying AM shares earlier in the night after the aforementioned tx) - there's an arb opp to sell MINE/SELL pairs back to twentyseventy for BDD at the 0.01051/0.0055 level. |
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VeeMiner
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September 16, 2014, 08:43:23 AM |
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some seriously interesting stuff going on here. We need to hear from Friedcat ASAP... |
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feifa
Member
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September 16, 2014, 09:28:45 AM |
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We will see divs tomrrow
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rudi
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September 16, 2014, 09:38:10 AM |
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We will see divs tomrrow
Is that a conclusion you are drawing, or did you hear something? |
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Zubilica
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September 16, 2014, 09:38:45 AM |
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divs tomorrow
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jjdub7
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September 16, 2014, 09:50:20 AM |
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divs tomorrow
That is an interesting statement.... Any evidence to backup this comment??? Other than my analytics, it appears no. I also hadn't commented on the status of dividends, although if you count the total BTC in the addresses I posted and those addresses belong to friedcat and co., ASICMINER has at least ~65k BTC on hand. However, it would appear that the BTC from mining addresses are being amassed... |
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arnuschky
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September 16, 2014, 10:28:51 AM |
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I hope you are right... That would mean a big fat dividend and I will be eating lobster tomorrow evening...  I will be eating my hat because I didn't buy more shares just before that.  |
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