Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1158. (Read 3917543 times)

Friedcat & co own more of AM than all of us put together.  They have all the motivation in the world to deploy as fast as is safely possible.  You and everyone else here armchair-speculating about their activities and second-guessing the roadblocks and speed they have helps NO ONE.

It is pretty obvious that Friedcat believes that 7.5 TH/s is a reasonable estimate for the fastest they can possibly deploy.  If he could go faster, do you not think that he would?  7.5 TH/s is *750* hashing boards that have to be mounted, powered up, firmware-flashed, pointed to the pool and debugged.  If the racks aren't fully in place, that's ~37 racks that have to be built.  And that isn't even talking about cooling.  At least one in 100 is going to have a short that requires diagnostics.  "Plan for more next week?"  lol.  Give him a fucking break.  I highly doubt any of them plan to do anything except 15 hour days 7 days a week for the next MONTH.  Honestly I'd rather them slow it down a little bit as needed because tired people make mistakes, and mistakes could cost thousands.

As far as the other people asking what happened to the other ~5.8 TH/s from the original 12, they ran into power issues.  Powering 750 hashing boards is no easy feat.  They had timed the expansion of their power capacity with the delivery of the next 50 TH/s, rather perfectly I might add.  So now they both have more power and they have the 50TH/s.  So theoretically they can bring online 55.7 TH/s now, although we are selling so it won't be quite that much.

/rant

8.2

Since we already had 7.5 TH/s deployed, it seems like you are deploying 7.5 TH/s this week.  Is that the weekly goal for deployment, 7.5 TH/s?  Or do you plan more for next week?

The 15TH/s is just the following one week's schedule.

Some of the rest hashpower will be sold, some of them will be deployed in the weeks following the next week. The larger portion of them will still be deployed by ourselves.

yeah, you are right.  It is just my opinion.  That being said, I don't think these shallow dips we see every week affect the long-term viability of AM.  And truth be told, selling for 1.1, or whatever it currently is, is a great price for most of us around here.

Dont forget, the sun is shining in some places. It might also rain. Or, someone is watching a bad movie. 

I think the price will dip.  Watch for it to go into the 80's this weekend.  There are people buying, but the bid offers are pretty thin, and there are some decent ceilings, so I think the price will drop over the weekend.

I agree with you.  I think this is the most important thing right now.  While I am excited about the 15 TH/s coming online, I would like to know more details about all of the other TH/s that should be in deployment right now.  

What is the deployment schedule?  Do we have some realistic target dates?  Does the fact that BFL is shipping change the plans at all?

I have lots of questions, and I hope friedcat finds some time to lay it out in more detail for us.

Yes I did sell my shares, and I would considering buying again at lower prices. However, I have no illusions that the rabid AM masses will let that happen at a sensible price any time soon.

Mostly I'm asking the same thing I asked repeatedly before I sold:
Where the f$@# is all the hashing they promised?

This question should be MORE important to shareholders, so please quit trying to paint me as a manipulator. I am still an investor in bitcoin and watch many things I don't have stake in.

I'd set it up for a few more shares... 

Can't be that hard, to open up a neat official shopping/info homepage (for a couple of coins?) these days.

Good stuff!

I'd love cheap shares of AM, but he does have a point about the slow deployment.

First things, first.  Let's get through that 800+ share ceiling on Bitfunder...

I agree with this.  We need a central site/place/thread with just announcements from Friedcat, especially for newcomers.  It would be nice to get more detailed updates as well, but even just an organized place for the updates would be wonderful.

I think you are 100% wrong. The stock is not illiquid, it is definitely the high purchase price the keeps the price spread up and causes low trading volume. That said' I don't care if it splits at all.

well, that is no longer a luxury we can rely on.  BFL is shipping, and a few sources have received their review units.  They are dangerously close to making an impact on our profits.  

The plan was to get the original 12 TH/s online some time ago so that we could take advantage of the April vacuum. We have basically missed that, and limped through with ~7 TH/s

The next plan was to get the 50 TH/s before May, remember that?  What happened to that plan?  We might get 3 TH/s of that up before May...

Now, I love AM as much as the next guy, but the slow deployment is leaving money on the table.  And with our competitors finally getting their stuff together, they pose a real threat to AM's ability to earn significant revenue.

I guess part of my point is, if you want to diversify ownership by splitting the stock and trading it in a more liquid marketplace like the exchanges the PT shares are moving through, people are going to want more details about the organization's plans in a place that is easier to find. The summary statements on the exchanges are a good start, but people are going to want a more thorough / transparent source of historical & prospective info. I think diversifying ownership is a good thing, because splits tend to increase share value, but there are a few things that need to fall into place before we get there.

Seems more like you wont be getting anything, because you sold your shares  Trying to get the price down?

Yeah but I stopped complaining about anything regarding ASICMINER since I embraced my new motto. If they delivered faster than BFL (Which means they they delivered, EVER!), I won't complain! 

I am confused about how there was supposed to be 12-15TH online a month ago, yet we are only getting it now (slowly). What does this mean about deployment to 50TH and 200TH. Never?

You can follow this blog for future projections regarding ASIC deployment of various enterprises.
http://organofcorti.blogspot.com/2013/04/914-asic-earnings-23-april-2013.html