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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1037. (Read 3917568 times)

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Like every 4 days, this thread focused on something that MUST happen with ASICMINER. What's next?

It's Evolution TAT Evolution  Grin

(And well looking around the forum think we have someone who can make a decent website if the main team is busy)
hero member
Activity: 784
Merit: 501
At least open a Facebook page, that costs nothing.

It still costs time, which is not trivial.

It also can generate awareness and thus business. And who says friedcat has to do everything himself?
hero member
Activity: 518
Merit: 500
Average AM hashrate for last 6hrs is 30.57TH
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/

 (120GH/s for just north of $2K anyone?).

.b

Impressive numbers; at 600gh/s for 10k they will be a tad more than HALF as cost effective as ASICminer and their 1,000gh/s for 10k costs

Yeah, where could I order that again? Last I checked, AM sold 10GH for 50BTC~$6K. For 120GH you pay $72K with AM.

But hey, if your math makes you pay 36 times more than from across the street, I still have those Pentium III chips at $1K a pop.

.b
sr. member
Activity: 644
Merit: 250

 (120GH/s for just north of $2K anyone?).

.b

Impressive numbers; at 600gh/s for 10k they will be a tad more than HALF as cost effective as ASICminer and their 1,000gh/s for 10k costs
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Why do you say hardware sales is a short-term opportunity?

I would say it's the other way around. Income from mining will not go much above what it is currently, because of the 51% issue. Income from selling mining hardware is still far from saturated. People are bidding up USB miners to +$400 on eBay! The demand is huge and I think it would be a lot more profitable for shareholders if ASICMiner were to focus more on hardware sales now when there is such a large demand to satisfy.

The simple explanation is that AM is far behind in technology with their current models. 130nm is comparable to a Pentium III and when the competitors are researching i7 chips, it's only a matter of time before you can't give away the blades that AM currently produces.

To catch up, AM needs to design a new chip and we have no information about the current status of that, whether it's already financed, or what timeframe we're looking at.

We know one thing and that is that friedcat recently announced that they have decided to go with 65nm on the second generation chip. That tells at least me that they have some ways to go, and Bitbury for one is just days away from having a working 65nm chip. At that point, Bitfury will be filling that urgent need for ASICs and AM will have to play catchup either by lowering prices or skipping a generationand going straight for something like 28nm to remain competitive.

So yes, AM should sell everything including the kitchen sink while they still can. Two months from now, Bitfury may be pumping 65nm ASICs into the market (they contractually delivers in October but states it will be delivered in August). At that point, those existing blades will be worth less than their packaging material because anyone can jump across the street at get far superior performance at a tentatively much lower price (120GH/s for just north of $2K anyone?).

.b
sr. member
Activity: 356
Merit: 255
At least open a Facebook page, that costs nothing.

It still costs time, which is not trivial.
hero member
Activity: 518
Merit: 500
Like every 4 days, this thread focused on something that MUST happen with ASICMINER. What's next?
full member
Activity: 127
Merit: 100
For me it is an amazing experience to become part in such a valued company that has even no website but just has grown by community support (and of course that glorious rockstar friedcat - no envy please).

but as I just finished the phase of being read-only, bought some shares now--I must admit, that we, the shareholders, have a large potential to rock it even more ...

when I see asicminer from a business view, it might be reflected by the group, my company is part of. There is the big rockstar, the big boss of the group, who had the vision, who kept the stones rolling all the time, and around him are distributors all around the world, having all a sales, a marketing and an it/support team. production and development is done in the corporate headquarters--and in case good inventions are brought along from the distris, they are worked into the production cycle as well.

to keep the pile in an organizable manner, there are divisions of world regions, like EMEA, NORAM, APAC.

headquarters talk to the divisions, the divisions organize their regions/countries with the distributors / subsidiaries.

----

the thingy is, we are all on our own. but it is not only a thing of first come first serve. I bet, if someone takes the heart, hands and brain to build anything properly, what might be:

  • an application, that provides transition of shares by entering the private key (-hash)
  • a website with I18N support, providing a information, a service desk and easy webshop integration for the distries (according to the actual L10n of the visitor)
  • a good example of repackaging big bulk packages into nice consumerfriendly retail boxes, I mean just: be a distri

And whatever will be presented in the round, might be discussed, praised and/or copied somewhere else in the world.

(I know , that quite the same list was written some posts ago, but I wanted to put in my own words. So I praised and copied that list in some way  Cool )

----

Additionally I want to point out, that AM is the biggest ASIC producer worldwide advocate for bitcoin worldwide, because of the hashing power, but even more because of the front edge of development and producing (and delivering Wink ) ASICs and ASICproducts designed for even make the hashing network grow. That's responsibilty - no toy. Who can't be more interested in growing and commercializing that currency ...

... not friedcat at the moment, he is heavily occupied by rewriting share ownership, sending dividends and managing research and development and production of chips and products. (In fact I am quite curious to know about helping hands and partnerships he already meshed up to keep the wheel turning.)

----

fortunatly, when there is a big mass of shareholders, there will be only few, that have the time, vision and energy to successfully complete such a project. it is up to us, that those people meet each other here in that thread (or at least in the forum) ... ... ...  but stop, I have written a big pile of pimple at the moment while I dislike listening monologues of other a bit as well. In case of bothering, please just see this post as an enthusiastic "hello asicminer world, i am happy to join in".
hero member
Activity: 784
Merit: 501
Considering ASICMINER is a multi-million dollar company, I do think its time to make an official site for ASICMINER. I understand they have a lot on their hands and doing a great job with their timetable but with the amount of money they have, would it really cost that much to create and maintain an official site? In my opinion this thread is way too cluttered.

I agree, when even the smallest newsstand worth $5000 has a website why doesn't ASICMINER, the hottest property in Bitcoin ATM?  Huh

At least open a Facebook page, that costs nothing.
newbie
Activity: 34
Merit: 0
Considering ASICMINER is a multi-million dollar company, I do think its time to make an official site for ASICMINER. I understand they have a lot on their hands and doing a great job with their timetable but with the amount of money they have, would it really cost that much to create and maintain an official site? In my opinion this thread is way too cluttered.
full member
Activity: 224
Merit: 100
You can't kill math.

There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.

Money doesn't solve everything. That's not always the way things work. Passion and taking action, seeing something tangible, often lead somewhere. Being bought out, absorbed, hired, this stuff happens to the smallest from the biggest.

In any case, I think there's plenty of time for friedcat to work out the website either way.
full member
Activity: 177
Merit: 100
In fact, a website for sales would be awesome - however, just if AM can even handle more orders than they are handling already.

I like the spirit, but please dont build some community funded websites or whatever. It's going to be a mess. Friedcat knows what he's doing and he will certainly reevaluate the website situation when appropriate.
sr. member
Activity: 364
Merit: 250
"to be or not to be, that is the bitcoin"

taking bullets, rockstars... yeah I'm not sure about this. He's just a guy...

anyways, I would probably only put in some of my own BTC into a website investment, not a donation as such. Unless friedcat states explicitly that he is considering such an operation, well, I can imagine him working away doing his thing and forgetting to think about a store front as he focuses on other important tasks that seem to be lucrative enough on their own... ... that's just my imagination but considering the scale of many BTC operations and the way in which a small staff have let them down I wouldn't discount it.
hero member
Activity: 504
Merit: 500
WTF???
There are people here who want to help, hopefully Friedcat will take them up on their offers.

I trust friedcat. Let the employees set up hard and that fun stuff. For the things that matter, friedcat is a rockstar. I'm not so sure I trust the back up dancers with anything more than doing the backup.
full member
Activity: 196
Merit: 100
very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??

Agree! I would do this to be a part of spread the AM love and work with AM, but I'm sooooo swamped. Like, get it done or bad things happen swamped. Otherwise I'd be coding a prototype now. Someone go do it!

There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.

LOL you're right, but I laugh when I read this all because I felt the same "obligation" a couple weeks ago to offer donations to AM just to help give things a boost.  I think some of us share some kind of psychological obsession with friedcats operation ... some kind of sick and twisted hardcore loyalty that I've never seen before.  Friedcat could literally create an army, as some of them would probably take a bullet for him.   Cheesy  I've never seen anything like it before LOL
full member
Activity: 196
Merit: 100
hmmmm well i think this may have been implimented if they wanted to do it. But it is a good idea.

If Friedcat is just one person....shit
sr. member
Activity: 310
Merit: 250


There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.

AM needs a website and streamlined ordering.

There are people in the blade sales thread saying they haven't received responses for days.

Friedcat also appears to be handling all of the share transfers himself.

There are people here who want to help, hopefully Friedcat will take them up on their offers.
hero member
Activity: 518
Merit: 500
very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??

Agree! I would do this to be a part of spread the AM love and work with AM, but I'm sooooo swamped. Like, get it done or bad things happen swamped. Otherwise I'd be coding a prototype now. Someone go do it!

There is no need to pledge personal coins for features, AM has plenty revenue coming in, and a team of demonstrably intelligent people mapping out their future.
full member
Activity: 224
Merit: 100
You can't kill math.
very very good point... someone just needs to take the initiative. Looks like AM/Friedcat have enough to worry about for now... someone can just set an example and away they go. I would jump on this if I had the skills/resources

I would personally pledge 1 btc towards a fund to produce an official storefront / website.  We are shareholders after all, no reason we have to put this burden on friedcat.

I propose we setup an address with John K. to serve as a website fund.  We then put out a RFP for one of the many bitcoin enthusiast html geeks to produce an official site endorsed by friedcat.

Features it should have:
1) Hosting of the official shareholder list with tools to make managing share purchases easier for freidcat (i'm thinking an existing shareholder could post his auction and the results could (with approval) transfer share ownership)
2) An official storefront for the masses to purchase upcoming ASIC hardware.
3) A Built in voting mechanism.  It should be easier for friedcat to propose something and receive shareholder feedback.
4) ??

Agree! I would do this to be a part of spread the AM love and work with AM, but I'm sooooo swamped. Like, get it done or bad things happen swamped. Otherwise I'd be coding a prototype now. Someone go do it!
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