Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1286. (Read 3917531 times)

donator
Activity: 1731
Merit: 1008
Can someone with a seat on the board say if they're getting more update than that ?

As someone with more than half the requirement I'd like some more updates, like ETA, in PM or otherwise.
legendary
Activity: 1876
Merit: 1000
Are the chips working??

It was explained in the latest update:

Update

The samples passed all functionality tests. The power consumption is also within the expected range. And as our overclocking tests had shown, they still have a lot of potentials compared to our original spec. This means that the biggest risk of our project is gone and our NRE is a fruitful spend.


No sir...  That says they passed some tests..  I am asking  Are the chips working?
hero member
Activity: 938
Merit: 1002
Are the chips working??

It was explained in the latest update:

Update

The samples passed all functionality tests. The power consumption is also within the expected range. And as our overclocking tests had shown, they still have a lot of potentials compared to our original spec. This means that the biggest risk of our project is gone and our NRE is a fruitful spend.
legendary
Activity: 1876
Merit: 1000

Are the chips working??
sr. member
Activity: 363
Merit: 250
Well still waiting on my confirmation of shares email.
member
Activity: 86
Merit: 10
update: got confirmation email too..
hero member
Activity: 868
Merit: 1000
After the going down of GLBSE, do ASICMINER have any plan of where should we trade, manage etc the shares in the future, BTCT? Or elsewhere?

If there is a plan it's being kept a secret and it's very slow in being rolled out.

There will be a proprietary trading platform and the shares will start trading before the 1st dividend will be distributed, according to Friedcat. So no hard dates, but should all be resolved soon.
legendary
Activity: 2097
Merit: 1070
After the going down of GLBSE, do ASICMINER have any plan of where should we trade, manage etc the shares in the future, BTCT? Or elsewhere?

If there is a plan it's being kept a secret and it's very slow in being rolled out.
hero member
Activity: 784
Merit: 1000
Casper - A failed entrepenuer who looks like Zhou
After the going down of GLBSE, do ASICMINER have any plan of where should we trade, manage etc the shares in the future, BTCT? Or elsewhere?
hero member
Activity: 868
Merit: 1000
A bit worrying that two people with enough shares to be on the board want to sell their shares now.

I don't want to sell my shares now but if people are stupid enough to pay 1BTC/share I'll take it.

Nastmining pays 0.001482 BTC dividend per share (seat as they call it now) per week

Price of the seat is around 0.35 BTC

I know OgNasty has ordered ASICs, but an FPGA today will be the same more or less as an ASIC tomorrow (hasrate% wise) and to even things out currently only 6.500 shares are paid dividend whereas OgNasty holds 18.500 shares that don't get dividend, but as soon as the first ASIC is hashing away, future dividends will be paid on 25.000 shares....

Anyway currently people are paying 0.35 / 0.001482 = 236 weekly dividends for 1 share

All of a sudden 1, 2 even 3 BTC for an ASICMINER share does not seem so far fetched, but I can be mistaken....

I love to day-dream  Grin
vip
Activity: 198
Merit: 101
A bit worrying that two people with enough shares to be on the board want to sell their shares now.

I don't want to sell my shares now but if people are stupid enough to pay 1BTC/share I'll take it.
donator
Activity: 1064
Merit: 1000
A bit worrying that two people with enough shares to be on the board want to sell their shares now.

My thoughts exactly, except I wasn't sure if they were on the board. Are you sure?
The reason is because the shares are owned by Gamma Bitcoin Fund which is closing so I am going to have to liquidate the shares,
so I want to check what the market price off them are and if it's worth selling now or if I should wait until the asics arrive Smiley
It has nothing to do with any "insider info" In fact I am very positive towards this project and I lean towards keeping the shares Smiley
And yes I am on the board.
//DeaDTerra
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
A bit worrying that two people with enough shares to be on the board want to sell their shares now.

My thoughts exactly, except I wasn't sure if they were on the board. Are you sure?
hero member
Activity: 560
Merit: 500
A bit worrying that two people with enough shares to be on the board want to sell their shares now.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
@niko Its not that i want to interfere with bitfountains business. I only would like to know whats happening, what the team did the previous day and how the progress is going. Or the failures that happens. A sentence a day wouldnt take much time but the shareholders would know more.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
@friedcat... could you maybe make a daily update? I mean it only needs to be a sentence. Maybe "First asic built and running.", "20% of all chips built into the asics plates." or "Prototype of mining software ready." Something like this. So that we know whats happening. Thanks!

Seconded. This is the most interesting part.
It may be interesting, but it wouldn't be very productive.  There is nothing you can do about whatever information you would be getting (unless you are a board member).

I'm speaking strictly from a historical perspective. Grin
That I agree with.
vip
Activity: 198
Merit: 101
@friedcat... could you maybe make a daily update? I mean it only needs to be a sentence. Maybe "First asic built and running.", "20% of all chips built into the asics plates." or "Prototype of mining software ready." Something like this. So that we know whats happening. Thanks!

Seconded. This is the most interesting part.
It may be interesting, but it wouldn't be very productive.  There is nothing you can do about whatever information you would be getting (unless you are a board member).

I'm speaking strictly from a historical perspective. Grin
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
@friedcat... could you maybe make a daily update? I mean it only needs to be a sentence. Maybe "First asic built and running.", "20% of all chips built into the asics plates." or "Prototype of mining software ready." Something like this. So that we know whats happening. Thanks!

Seconded. This is the most interesting part.
It may be interesting, but it wouldn't be very productive.  There is nothing you can do about whatever information you would be getting (unless you are a board member).
vip
Activity: 198
Merit: 101
@friedcat... could you maybe make a daily update? I mean it only needs to be a sentence. Maybe "First asic built and running.", "20% of all chips built into the asics plates." or "Prototype of mining software ready." Something like this. So that we know whats happening. Thanks!

Seconded. This is the most interesting part.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
@friedcat... could you maybe make a daily update? I mean it only needs to be a sentence. Maybe "First asic built and running.", "20% of all chips built into the asics plates." or "Prototype of mining software ready." Something like this. So that we know whats happening. Thanks!
Jump to: