ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 297.

mc_lovin

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Quote from: minerpumpkin on June 23, 2014, 01:15:18 PM

Quote from: raskul on June 23, 2014, 01:13:39 PM

Quote from: bitcoin.newsfeed on June 23, 2014, 01:05:29 PM

Quote from: chairforce1 on June 23, 2014, 12:51:07 PM

Quote from: DataTankMining on June 23, 2014, 10:02:18 AM

Progress Update 23 Jun 2014:

Here is a first progress update since the original announcement of DataTank Mining

• We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...

Is this bad for AM?

If that ASIC manufacturer is AM, then its good, since FC is swimming in chips right now.

free chips for an immersion mine. I .. can't see the business benefits in this, whatsoever.

Franchised mining

True!

Also it could be BTC Garden, Rockminer, etc.. Some other AM-party.

minerpumpkin

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Activity: 686

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A pumpkin mines 27 hours a night

Quote from: raskul on June 23, 2014, 01:13:39 PM

Quote from: bitcoin.newsfeed on June 23, 2014, 01:05:29 PM

Quote from: chairforce1 on June 23, 2014, 12:51:07 PM

Quote from: DataTankMining on June 23, 2014, 10:02:18 AM

Progress Update 23 Jun 2014:

Here is a first progress update since the original announcement of DataTank Mining

• We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...

Is this bad for AM?

If that ASIC manufacturer is AM, then its good, since FC is swimming in chips right now.

free chips for an immersion mine. I .. can't see the business benefits in this, whatsoever.

Franchised mining

raskul

sr. member

Activity: 434

Merit: 250

Quote from: bitcoin.newsfeed on June 23, 2014, 01:05:29 PM

Quote from: chairforce1 on June 23, 2014, 12:51:07 PM

Quote from: DataTankMining on June 23, 2014, 10:02:18 AM

Progress Update 23 Jun 2014:

Here is a first progress update since the original announcement of DataTank Mining

• We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...

Is this bad for AM?

If that ASIC manufacturer is AM, then its good, since FC is swimming in chips right now.

free chips for an immersion mine. I .. can't see the business benefits in this, whatsoever.

KS

sr. member

Activity: 448

Merit: 250

Quote from: bitcoin.newsfeed on June 23, 2014, 01:05:29 PM

Quote from: chairforce1 on June 23, 2014, 12:51:07 PM

Quote from: DataTankMining on June 23, 2014, 10:02:18 AM

Progress Update 23 Jun 2014:

Here is a first progress update since the original announcement of DataTank Mining

• We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...

Is this bad for AM?

If that ~~ASIC~~ manufacturer is AM, then its good, since FC is swimming in chips right now.

FTFY. This might prove an important distinction.

bitcoin.newsfeed

sr. member

Activity: 378

Merit: 250

Quote from: chairforce1 on June 23, 2014, 12:51:07 PM

Quote from: DataTankMining on June 23, 2014, 10:02:18 AM

Progress Update 23 Jun 2014:

Here is a first progress update since the original announcement of DataTank Mining

• We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...

Is this bad for AM?

If that ASIC manufacturer is AM, then its good, since FC is swimming in chips right now.

mc_lovin

legendary

Activity: 1190

Merit: 1000

www.bitcointrading.com

Quote from: chairforce1 on June 23, 2014, 12:51:07 PM

Quote from: DataTankMining on June 23, 2014, 10:02:18 AM

Progress Update 23 Jun 2014:

Here is a first progress update since the original announcement of DataTank Mining

• We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...

Is this bad for AM?

It would be a shame if after all the months we've been looking at these immersion cooling setups if they just decided to go elsewhere for chips.

chairforce1

sr. member

Activity: 316

Merit: 250

Quote from: DataTankMining on June 23, 2014, 10:02:18 AM

Progress Update 23 Jun 2014:

Here is a first progress update since the original announcement of DataTank Mining

• We are in discussion with a manufacturer to provide ASIC hardware in return for DataTank capacity. This is an unexpected turn of events, but it may prove to be a very important development...

Is this bad for AM?

aahzmundus

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Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

What I had a good idea? Something must be wrong here...

But in all seriousness, the more I think about it the more I like it. I can see no reason to not go through with this change. The only people it would hurt would be people that play arbitrage between the two assets (which I do from time to time), but those people are not really doing useful work... they are just taking advantage of a bad setup.

minerpumpkin

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Activity: 686

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A pumpkin mines 27 hours a night

Quote from: Kyune on June 23, 2014, 11:01:47 AM

Is there a place to find historical price data on Asicminer shares older than its listing on Havelock, for example, old btct.co data or even forum auction trades? Has that been charted or graphed anywhere?

You really don't want to see those data Cry

KarmaShark

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Activity: 617

Merit: 559

Quote from: havelock on June 23, 2014, 10:51:48 AM

Quote from: aahzmundus on June 23, 2014, 10:36:26 AM

The only time Havelock mentions being able to convert AM100 is upon dissolution of the asset... I would love if they got rid of the 5% fee AND let you freely convert...

Hell, they should just remove AM1, convert them all into AM100, and remove the fee and be done with it... there really is not the liquidity to support both.

That may be a good idea!

This has my full support. The environment in which both AM1 and AM100 thrived has now changed over the past year. Having one dedicated investment vehicle for this makes sense, and with the rising value of BTC in fiat terms, I see AM100 as that vehicle.

Kyune

sr. member

Activity: 287

Merit: 250

Is there a place to find historical price data on Asicminer shares older than its listing on Havelock, for example, old btct.co data or even forum auction trades? Has that been charted or graphed anywhere?

Lincoln6Echo

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Activity: 2461

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Don't use bitcoin.de if you care about privacy!

Quote from: aahzmundus on June 23, 2014, 10:36:26 AM

The only time Havelock mentions being able to convert AM100 is upon dissolution of the asset... I would love if they got rid of the 5% fee AND let you freely convert...

Hell, they should just remove AM1, convert them all into AM100, and remove the fee and be done with it... there really is not the liquidity to support both.

+1 This is a very good idea!

havelock

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Activity: 328

Merit: 250

Quote from: aahzmundus on June 23, 2014, 10:36:26 AM

The only time Havelock mentions being able to convert AM100 is upon dissolution of the asset... I would love if they got rid of the 5% fee AND let you freely convert...

Hell, they should just remove AM1, convert them all into AM100, and remove the fee and be done with it... there really is not the liquidity to support both.

That may be a good idea!

Blazed

legendary

Activity: 2128

Merit: 1119

Quote from: bitdude on June 23, 2014, 07:17:19 AM

My buy order for AM1 for ฿0.19205408 just executed, what do you think?

Hard to say how it will do... good luck though!

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

The only time Havelock mentions being able to convert AM100 is upon dissolution of the asset... I would love if they got rid of the 5% fee AND let you freely convert...

Hell, they should just remove AM1, convert them all into AM100, and remove the fee and be done with it... there really is not the liquidity to support both.

JstnPwll

member

Activity: 92

Merit: 10

Quote from: vortex1878 on June 21, 2014, 10:13:39 PM

...
I am tempted to make the company's (havelock-)value go down below IPO. I mean... enough is enough.
...

If you do this, please make sure you fill my order for 100 units @ 0.091. I'd love some shares at that price.

spartan82

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Activity: 658

Merit: 500

Quote from: maxl on June 23, 2014, 08:55:31 AM

I don't know if Havelock charge 5% on AM100. But when TAT had the AM100 he charged 5% and you had the posibility to transfer 105 AM100 to one AM1.

Quote

Shares
Each 1 share of AM100 represents 1/100th of a share of ASICMINER maintained and verified by either Friedcat or any officially designated exchange, and has rights to 1/100th of the dividends of a whole ASICMINER share.

Dividends
Each AM100 share has the right to 95% of its respective dividends. 5% will be retained for asset management fees. The amount of the dividend is defined as the same amount distributed by ASICMINER to the shares held by the issuer for this asset. Dividends will be paid within 48 hours or less of confirmed payments from ASICMINER.

Source: https://www.havelockinvestments.com/fund.php?symbol=AM100

Although it could be outdated, this is what is posted on the havelock AM100 page..

maxl

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I don't know if Havelock charge 5% on AM100. But when TAT had the AM100 he charged 5% and you had the posibility to transfer 105 AM100 to one AM1.

spartan82

hero member

Activity: 658

Merit: 500

Quote from: bitdude on June 23, 2014, 08:03:00 AM

are these AM100 to AM1 conversions done automatically and instantly or done manually on request?

AM100 is an AM1 share/100 * 0.95. Havelock takes a 5% fee on divs for breaking down these shares into 1/100th of an AM1 share. In saying that, I really dont think you can just buy 100x AM100 shares and convert them to an AM1 share. Maybe 105? That makes more sense. But I could be wrong here too.

feifa

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Activity: 76

Merit: 10

I hope the dividends will come soon Grin

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 297. (Read 3917468 times)