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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 267. (Read 3917468 times)

newbie
Activity: 10
Merit: 0
The long and short of it is that AM is switching from self mining to chip sales.  It is hard to adequately summarize the last... 500 pages of this thread, but this change in AM's model along with holding profits for re-investment is what is likely the cause.  August 2nd should provide us with more answers, I would stay away from speculation and just wait till then for more info.

Ah. I see thanks. I'll make a note of this date.

So far I have 0.045 BTC for a 1.24 BTC investment. Not good.

 Actually, your 1.24 BTC investment is bidding at ~0.65 BTC so your return is actually double what you thought as a percentage Wink


Hurray!  Sad Sad
sr. member
Activity: 378
Merit: 250
The long and short of it is that AM is switching from self mining to chip sales.  It is hard to adequately summarize the last... 500 pages of this thread, but this change in AM's model along with holding profits for re-investment is what is likely the cause.  August 2nd should provide us with more answers, I would stay away from speculation and just wait till then for more info.

What happens on August 2nd?
donator
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
Quote
Own Chips?
Companies manufacturing their own chips invest significant time and funds up front, and so have more to lose if things go wrong.
   10/10 = Yes - designing and investing in own chips
   8/10   = Mixed - utilises a mix of own and other companies' chips
   5/10   = Promised - designing and investing in own chips but not yet delivered
   1/10   = No - integrates other companies chips

@Dogie, this is an absurd criteria.
And the penalization for using third party chips is unfair.
legendary
Activity: 3808
Merit: 7912
The long and short of it is that AM is switching from self mining to chip sales.  It is hard to adequately summarize the last... 500 pages of this thread, but this change in AM's model along with holding profits for re-investment is what is likely the cause.  August 2nd should provide us with more answers, I would stay away from speculation and just wait till then for more info.

Ah. I see thanks. I'll make a note of this date.

So far I have 0.045 BTC for a 1.24 BTC investment. Not good.

 Actually, your 1.24 BTC investment is bidding at ~0.65 BTC so your return is actually double what you thought as a percentage Wink
newbie
Activity: 10
Merit: 0
The long and short of it is that AM is switching from self mining to chip sales.  It is hard to adequately summarize the last... 500 pages of this thread, but this change in AM's model along with holding profits for re-investment is what is likely the cause.  August 2nd should provide us with more answers, I would stay away from speculation and just wait till then for more info.

Ah. I see thanks. I'll make a note of this date.

So far I have 0.045 BTC for a 1.24 BTC investment. Not good.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
The long and short of it is that AM is switching from self mining to chip sales.  It is hard to adequately summarize the last... 500 pages of this thread, but this change in AM's model along with holding profits for re-investment is what is likely the cause.  August 2nd should provide us with more answers, I would stay away from speculation and just wait till then for more info.
newbie
Activity: 10
Merit: 0
Last div received on 30/03/2014?

Sorry if this has been answered somewhere else. My googling/searching hasn't returned anything.
So won a bid and paid 1.24 BTC for 4 shares and I have been getting divs till 30/03/2014.

Nothing since then and I only managed to get synced up today.

Something happen?  
legendary
Activity: 3808
Merit: 7912
The threats were against Yifu (Avalon), not FC. And that was just a stalling tactic by Yifu since he double-sold chips and people were pissed.

Some have seen FC on a very early Skype call, I think. No photos that I know of, but I might be wrong. There is a photo floating around of rockxie (RockMiner) that some people confused with FC but it wasn't really FC.



 This photo is purported to be Sam Cole, BFL_Josh, Friedcat and Yifu.


Are you suggesting that Sonny Vleisides is Friedcat?

  No. You need to look up the work "purported".  I haven't seen an image of Friedcat or Sonny.
Are you suggesting that the purported photo of Friedcat is actually Sonny?



hero member
Activity: 588
Merit: 504
Are you suggesting that Sonny Vleisides is Friedcat?

He's not the fried cat, he's a very naughty boy..
vip
Activity: 1428
Merit: 1145
The threats were against Yifu (Avalon), not FC. And that was just a stalling tactic by Yifu since he double-sold chips and people were pissed.

Some have seen FC on a very early Skype call, I think. No photos that I know of, but I might be wrong. There is a photo floating around of rockxie (RockMiner) that some people confused with FC but it wasn't really FC.



 This photo is purported to be Sam Cole, BFL_Josh, Friedcat and Yifu.


Are you suggesting that Sonny Vleisides is Friedcat?
legendary
Activity: 3808
Merit: 7912
The threats were against Yifu (Avalon), not FC. And that was just a stalling tactic by Yifu since he double-sold chips and people were pissed.

Some have seen FC on a very early Skype call, I think. No photos that I know of, but I might be wrong. There is a photo floating around of rockxie (RockMiner) that some people confused with FC but it wasn't really FC.



 This photo is purported to be Sam Cole, BFL_Josh, Friedcat and Yifu.
sr. member
Activity: 302
Merit: 250
The threats were against Yifu (Avalon), not FC. And that was just a stalling tactic by Yifu since he double-sold chips and people were pissed.

Some have seen FC on a very early Skype call, I think. No photos that I know of, but I might be wrong. There is a photo floating around of rockxie (RockMiner) that some people confused with FC but it wasn't really FC.
legendary
Activity: 1260
Merit: 1002
People keep saying FC was anonymous... I would sware several people here know who he is, hell... If i remember correctly we have had pictures of him posted here.  I don't really care who he is or what he looks like, his results are what I care about.

I remember some stuff about threats from the Chinese mafia and his family and staff being threatened. Not surprised he tried to keep a low profile...

the funny thing is when you look at the event description, you got all the names of the attendants but FC is just mentioned as FC.. could it be his real (chinese-translated) name? Grin
hero member
Activity: 574
Merit: 500
People keep saying FC was anonymous... I would sware several people here know who he is, hell... If i remember correctly we have had pictures of him posted here.  I don't really care who he is or what he looks like, his results are what I care about.

I remember some stuff about threats from the Chinese mafia and his family and staff being threatened. Not surprised he tried to keep a low profile...
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
People keep saying FC was anonymous... I would sware several people here know who he is, hell... If i remember correctly we have had pictures of him posted here.  I don't really care who he is or what he looks like, his results are what I care about.
sr. member
Activity: 490
Merit: 266
Quote from june 2013

Q: After the batch shipping from Avalon and BFL, how would the manufacturers in Shenzhen compete with them?
Friedcat: Our advantage to manufacture chips at the cost price is invincible.
hero member
Activity: 574
Merit: 500
To buy all the way down, or not to buy all the way down, that is the Q
300 share wall not much past that
hero member
Activity: 617
Merit: 559
That Friedcat is deciding to reveal himself and his team to the mining and greater Bitcoin world is significant. For a Man who has gone to the trouble of staying an anonymous CEO, coming out from behind the curtain now at this conference will be telling. I am definitely excited for next weekend.
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