Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 291. (Read 3917468 times)

They should make a priority to get rid of AM100 or merge them. That trash is ruining it for everyone.

Finally, PCB board has been outputted yesterday.
All night and all day our engineers tested it.
We've got about 0.9W/Ghs power consumption.
Tomorrow we will assemble all these stuff in one case and test.

Tomorrow I will upload short video of working device, I think.

Is this before or after expenses?

10p franchising equals at least 0.3BTC per share.

I was just guessing that those will be sold off (I do not know for sure).  The rumor mill keeps saying that AM is selling wafers @ cost (I assume if so they take a cut of mining)
These are guesses so take them as that 

Well of course they need to be burned in before selling!!  I would hope AM does get some revenue if they are really selling the chips at cost.

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BTCGarden mining room. Countless miners are running day and night.

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HL themselves said they liked my idea of merging them... More people should pressure them to make the move merging all shares into AM100, and getting rid of the 5% fee.

I completely misread that, you meant it the other way. I don't see the reason why to have all fractional shares, that in itself raises many more issues (such as exporting).

I completely misread that, you meant it the other way. I don't see the reason why to have all fractional shares, that in itself raises many more issues (such as exporting).

HL themselves said they liked my idea of merging them... More people should pressure them to make the move merging all shares into AM100, and getting rid of the 5% fee.

HL themselves said they liked my idea of merging them... More people should pressure them to make the move merging all shares into AM100, and getting rid of the 5% fee.

Sounds like FC wants to really step up franchised mining from what I am seeing.  Give someone the chips, arrange some 80/20 (or something) profit share from the hardware and be done with it.  No need to convert CNY or USD to BTC, you build up relationships with your customers... you take on part of the ROI risk so that both parties are hurt if chips do not ROI.

If this is the case, I think this is the best option.  It builds trust and is a way of AM to stand behind their product.

Lots of people are complaining on reddit that ASIC manufactures know their chips wont ROI and that they are basically scammers, this kind of partnership squashes that argument.

Friedcat for President!

1) Could you please provide an estimate on:
- When the next dividend can be expected ?
- When ASICminer will become cash-flow positive ?

2) Regarding self-mining and franchising:
- What is the current status of self mining and franchising ?
- What partners are and will be working with ASICminer ?
- What do the respective partnership agreements entail ?
- How many PH (including percentages from franchising) will -directly- contribute to ASICminer mining income ?

3) How many PH/s of gen 3 have already been sold/shipped by now ?

4) Has the "60 PH/s batch" progressed any further ? When is it supposed to be completely done ? How much has already been sold ?

5) Given the ratio of 1/3 retained and 2/3 paid out of the revenue, is this after deducting costs for upcoming batches/expenses or are those part of the 1/3 of retained capital ?

6) AM sells chips to multiple mining companies including Rockminer, Datatank, Bitgarden, Hashratio is it possible to get some clarity on the relationships AM has with different groups ?

7) Is Asicminer selling chips at cost already ? Rumors have been going around that it is known in China that the chips are being sold at cost. Can we please have a confirm/deny on these rumors and explanation why ?

8 ) The last post mentioned that average sales cost is about .5$/gh, is this still the average ?

9) Regarding Gen 4, can you give us rough (plus/minus a month or two) estimates on:
- When tape-out is expected ?
- When production is expected ?
- When the first chips will be in hand ?

10) Personal question from shareholder freedomno1 : Hi friedcat I have been receiving several requests for replacement baseboards/ power boards and parts for the block erupter cube and was wondering if their is a repair service or parts store available that I can relay to those individuals to contact with if something breaks.

This would coincide with Spon's statement and something that I figured was happening. AM isn't just selling chips at cost, but they are selling chips at cost as part of a deal. I guess this is franchising?

@Feifa did they list an amount of PH? You posted a .72PH farm from them already, wondering if this is the extent of the deal. (So from assumptions/rumors going around this website it would seem that AM is making deals with DataTank and HashRatio then. Is this good news or bad?)