ASICMINER: Entering the Future of ASIC Mining by Inventing It

[jjdub7]

Didn't AM already convert their Bitcoin hodlings to fiat - we're already winning

Where has FC ever said that AM has converted its bitcoin holdings to fiat?

Lol, how do you think they pay for mask and chips? Do you think the fabs and data centres take bitcoin or something?

In this context, holdings refers to the capital they still hold... not to what was used up on expenses like chip fabrication. Clearly they would have paid for those types of expenses in fiat, but I see no reason to believe that the rest of the bitcoin that AM may have mined/earned was converted to fiat, as xhomerx10 suggested.

Unless FC sold it all off to hide the company's holdings/how big of a batch gen 4 will be and then buy back in to both make profits for shareholders and bring the BTC price back up in tandem.  Everyone here seems to be overlooking the fact that friedcat has more than enough BTC to have brought the markets down to their current prices.  Because he could've sold off to cascade margin calls and cause more selloffs, the company could profit from manipulating the markets this way.

[rudi]

Looks like we've got a new benchmark to hit.

http://cointerra.com/product/aire-miner-bitcoin-miner/

(I know : pre-orders. urgh. untested chips. urgh. etc etc - but if they ship on time, we'll be left behind. again.

This is crazy. It's a pre-order for Q1 2015. Q1 2015! And let's face it, the "optimistic" scenario that they are going to ship to spec and early in Q1 2015 is not going to happen.

[TheJuice]

Looks like we've got a new benchmark to hit.

http://cointerra.com/product/aire-miner-bitcoin-miner/

(I know : pre-orders. urgh. untested chips. urgh. etc etc - but if they ship on time, we'll be left behind. again.

This is crazy. It's a pre-order for Q1 2015. Q1 2015! And let's face it, the "optimistic" scenario that they are going to ship to spec and early in Q1 2015 is not going to happen.

4.5TH for $2.5k is laughable this far out. Wattage looks promising.

[kingcrimson]

Looks like we've got a new benchmark to hit.

http://cointerra.com/product/aire-miner-bitcoin-miner/

(I know : pre-orders. urgh. untested chips. urgh. etc etc - but if they ship on time, we'll be left behind. again.

This is crazy. It's a pre-order for Q1 2015. Q1 2015! And let's face it, the "optimistic" scenario that they are going to ship to spec and early in Q1 2015 is not going to happen.

4.5TH for $2.5k is laughable this far out. Wattage looks promising.

It reeks of desperation, they are going under and hoping pre-order costs keep them afloat.

[Whtwabbit]

Review of Asicminer Tube

http://www.cryptocoinsnews.com/review-asicminer-tube-830-ghs-bitcoin-miner-sold-us-112bit-com/

[Groc]

when is friedcat going to realize that his shareholders want him to self mine and pay divs???

[Blazed]

when is friedcat going to realize that his shareholders want him to self mine and pay divs???

I assume he is well aware of how the shareholders feel...why the lack of communication is anyone's guess.

[rudi]

Review of Asicminer Tube

http://www.cryptocoinsnews.com/review-asicminer-tube-830-ghs-bitcoin-miner-sold-us-112bit-com/

Pretty good review!

[jjdub7]

Sorry friedcat, your silence is deafening.

[feifa]

Sorry friedcat, your silence is deafening.

You dump down the shares?

[hdbuck]

Sorry friedcat, your silence is deafening.

He is up, i am starting to get nervous with this whole silence too.
Couldnt he at least come cheer us a bit?
We are all AM supporters but its hard to support something when you dont have a clue as to what is currently happening..

Cmon FC say something! plzzzzz

[ensurance982]

Good, almost at IPO prices, I was hoping to grab some shares at those prices. It's a good opportunity to get a major position in AM, in my opinion!

[kaizuki]

i suppose many people sold their shares and buy BABA

[bitcoin.newsfeed]

I filled some numbers into mining calculator and it's true that current ASICminer TUBE with gen3 chips will become obsolete in just one month from now? Do we have like 60Ph of these ? ? ?

I think we'll not see any dividends from gen3, this combined with no communication and with solid track record of bad chip design with gen2 and gen3 makes very hard to even consider buy-in right now.

Also I noticed around 300 shares imported to Havelock from directs today, good luck with selling them.

[silverfuture]

I filled some numbers into mining calculator and it's true that current ASICminer TUBE with gen3 chips will become obsolete in just one month from now? Do we have like 60Ph of these ? ? ?

I think we'll not see any dividends from gen3, this combined with no communication and with solid track record of bad chip design with gen2 and gen3 makes very hard to even consider buy-in right now.

Also I noticed around 300 shares imported to Havelock from directs today, good luck with selling them.

You could sell 300 shares right now and still not drive the price lower than ipo. Whatchoo talking 'bout?

[sharky101]

Bitcoin mining is high risk. I don't think it's unreasonable for shareholders to be reassured every once in a while.

Friedcat/board members can you chip in?

[silverfuture]

We need some presence (presents?) Friedcat.  Talk to us!

[wasubii]

^^reminds me of religion....

[feifa]

Let's guess when the IPO price come?

[Rival]

109 shares @0.137. The walls are crumbling.