Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1139. (Read 3917058 times)

what about blind auctions with a minium price?

@friedcat,
Please re-consider your auctioning off the usb sticks, I will definitely by some, however I am like many others here are late to the game as far as bitcoin is concerned and would prefer to pay with conventional means.

By selling them off at a flat rate you will have a much larger user base, which is good for the BTC economy.

just my 2 cents

By selling them off at a flat rate you will have a much larger user base, which is good for the BTC economy.

just my 2 cents

2,000 Bitcoins have been reserved for the re-investment:

1. Deposits for the long-term pre-order of hard-to-get ICs.
2. Costs of mass production of Block Erupter USB sticks.

If you think it'll still be 12 TH/s in a week, sell

I would love to know

1. What are the two-three month perspective on hashrate, earnings, and profitability
2. What are the funding requirements to reach those goals and how will that funding take place?
3. What is the current financial situation of the company (ie assets, liabilities, running costs, currency denominations, and so on)
4. What is the policy on managing capital (ie is it exchanged every week, do they set aside capital for unforeseen expenses, etc)

Meanwhile hashrate slowly declines :-( (12.17 TH/s)

An actual contract (such as), their listing on a reputable exchange (such as), actual monthly reports (such as). Without these you are basically holding dust, like it or not.

(No, the fact that "it paid already X dollah" is not necessarily an argument - so did pirate.)

As opposed to holding dust on an exchange that is, equally, dust.

An actual contract (such as), their listing on a reputable exchange (such as), actual monthly reports (such as). Without these you are basically holding dust, like it or not.

(No, the fact that "it paid already X dollah" is not necessarily an argument - so did pirate.)

To anyone that is interested, I have gone live with a new fractional passthrough of ASICMINER shares.

You can learn more about how it works and why someone might be interested here: https://bitcointalksearch.org/topic/bitfunder-tatasicminer-new-micro-share-passthrough-192498

You can buy the shares on Bitfunder here: https://bitfunder.com/asset/TAT.ASICMINER

While I think this is relevant to this thread, it's possible I am biased and some of you will be angered at this "shameless self-promotion". If so, you can take comfort in knowing that I will pay the price in hell upon my day of reckoning.

yes, I completely agree with you on this.  I was merely stating that more information would be good for me.  I am not entitled to it, though I did request it (asked a question).  It's not owed to us, but it would be nice to have.

I will be satisfied as long as you realize NONE of this information is OWED to you.  

You are thinking far too short term.  AM not paying that dividend does not mean AM is worth less.  They still have the money, and even better than that, they are investing it for you.  Now rather than having the money in your account, the company is worth a bit more.

This ASICMINER project is unbelievably transparent in my opinoin.  What else are you seriously looking for?

Again, strawmen and slippery slopes usually don't make for good arguments. I believe at least my request was very clear; I explicitly do not want to know what friedcat has for dinner every day.

I would love to know

1. What are the two-three month perspective on hashrate, earnings, and profitability
2. What are the funding requirements to reach those goals and how will that funding take place?
3. What is the current financial situation of the company (ie assets, liabilities, running costs, currency denominations, and so on)
4. What is the policy on managing capital (ie is it exchanged every week, do they set aside capital for unforeseen expenses, etc)

Nobody is asking for any excruciating detail, least of all on a daily basis. I'd be fine with far less frequent updates that we're already getting.

In fact, if it boils down to it, I really want to know just one thing, once a month: Is the operation going according to your plans? If the answer is yes, fine, if the answer is no, I would like to know that there is a plan to mitigate the issues. I don't even care what those plans are, I trust them to know far more about what to do than I could know. They can prove the plan's success by answering "Yes" to the same question next month or two months down the line if that's how long it takes to resolve whatever issues there are.

.b

basically, to know ahead of time whether or not profits from this week will be included in next week's dividend.

Based on the information we received last week, we were all expecting to receive a larger dividend, due to the auction and the increased hash rate.  It would have been nice ahead of time to know that those profits were not going to be included in the dividend payment this week.  I made the mistake of assuming that more profits = larger dividend, based on the information I had received.

Again, this isn't the end of the world, and it certainly isn't cause for me to sell shares, but that kind of information would have been appreciated by shareholders like me.