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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 298. (Read 3917468 times)

sr. member
Activity: 277
Merit: 254
are these AM100 to AM1 conversions done automatically and instantly or done manually on request?

sr. member
Activity: 378
Merit: 250
My buy order for AM1 for ฿0.19205408 just executed, what do you think? Smiley
You couldn't wait another minute? You would have only paid  ฿0.19205407!

srsly, I expect that will reward you many times over.

Havelock Investments has informed me that 100 AM100s can be transferred to an AM1.  If so, then why the discrepancy?  I could understand if the AM100 was more expensive as a premium for smaller slices, but less expensive?  Why aren't AM1 holders selling theirs and trading for AM100?



I did not know this..

Edit: are there 100 AM100 Shares selling for under the price of 1/100th 1 AM1 share though, just because a few shares are under .0016 doesn't mean there are 100+ under .0016
hero member
Activity: 742
Merit: 500
My buy order for AM1 for ฿0.19205408 just executed, what do you think? Smiley
You couldn't wait another minute? You would have only paid  ฿0.19205407!

srsly, I expect that will reward you many times over.

Havelock Investments has informed me that 100 AM100s can be transferred to an AM1.  If so, then why the discrepancy?  I could understand if the AM100 was more expensive as a premium for smaller slices, but less expensive?  Why aren't AM1 holders selling theirs and trading for AM100?

hero member
Activity: 525
Merit: 500
My buy order for AM1 for ฿0.19205408 just executed, what do you think? Smiley
You couldn't wait another minute? You would have only paid  ฿0.19205407!

srsly, I expect that will reward you many times over.
sr. member
Activity: 277
Merit: 254
My buy order for AM1 for ฿0.19205408 just executed, what do you think? Smiley
sr. member
Activity: 378
Merit: 250
If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.

These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.

Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments...

But what's keeping AM from mining? They have the chips, they have the immersion cooling setup, they got everything, but there is no mining.

if they were mining, at least there would be some sort of dividend to shareholders.

AM is mining, but its not public ... yet

also in last financial statement we could see income from mining
sr. member
Activity: 378
Merit: 250
If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.

These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.

Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments...

But what's keeping AM from mining? They have the chips, they have the immersion cooling setup, they got everything, but there is no mining.


7) What is the status of self mining? What is the rollout schedule for the data centers?

8 ) What is the status of franchising partners? When can we expect to see income from them?
We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate.

sr. member
Activity: 434
Merit: 250
If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.

These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.

Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments...

But what's keeping AM from mining? They have the chips, they have the immersion cooling setup, they got everything, but there is no mining.

if they were mining, at least there would be some sort of dividend to shareholders.
legendary
Activity: 1904
Merit: 1007
If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.

These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.

Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments...

But what's keeping AM from mining? They have the chips, they have the immersion cooling setup, they got everything, but there is no mining.
hero member
Activity: 518
Merit: 502
If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.

These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.

Agree 100%. Women stay out of mining because of comments like this; the best strategy to diversifying is avoiding such comments...
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
If what is keeping women out of mining, is the color of the heatsink on their miner, those women should stay out of bitcoin mining.

These kinds of efforts to bridge the gender gap are not helpful... they are just denigrating and insulting.

I also doubt FC would want to answer the other two questions, as it may give out too much information that competitively should stay non public.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
@jimmothy & freedomno1 : Good points, please formulate your questions


1. What is your estimated chips sold so far this month and is the production schedule still on schedule with the factories?
2. AM sells chips to multiple mining companies including Rockxie  Datatank, Bitgarden, is it possible to get some clarity on the relationships AM has with different groups possibly not including the above.
3. Regarding the Marketing arm social media and engagement
The current mining demographic is typically 96% targeted to 24-35 males
Can you make some miners for women as well to get them engaged in Bitcoin or different colors like the USB sitcks also known as diversifying your user base and markets related to my personal question.

Personal Question: 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.


legendary
Activity: 3808
Merit: 7912
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.

Exactly...I'm so sick of the verbal diarrhea that people have here.
Babbling their fucking faces off all day long...if you aren't happy with your investment please sell it and go away.
If you are satisfied you made the right choices and calculations, stfu and wait for those investments to mature.

I don't need to see your latest cocktail napkin horseshit calculations as to why the stock price should be higher or lower...you just sound like a loser looking for other stronger people to validate the decisions you made or didn't.

Man up and stfu.

 U mad bro?


sell or STFU. cant be that clearer.

edit: mad are those who cant help themselves whining about some bitcoin security based in china not giving weekly divs nor communicating more often.

 Actually, I would say mad is flying to Nippon to stand in front of Karpeles with a sign with the hope he would or could give back your coins.  WTF though, it was worth a try.  Also, I am of the opinion that "manning up" and "strength" have less to do with investment than the horseshit calculations and personally I would rather see the calculations than be berated for making a post.  However, I do appreciate that you have the right to speak your mind.

legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
legendary
Activity: 1260
Merit: 1002
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.

Exactly...I'm so sick of the verbal diarrhea that people have here.
Babbling their fucking faces off all day long...if you aren't happy with your investment please sell it and go away.
If you are satisfied you made the right choices and calculations, stfu and wait for those investments to mature.

I don't need to see your latest cocktail napkin horseshit calculations as to why the stock price should be higher or lower...you just sound like a loser looking for other stronger people to validate the decisions you made or didn't.

Man up and stfu.

 U mad bro?


sell or STFU. cant be that clearer.

edit: mad are those who cant help themselves whining about some bitcoin security based in china not giving weekly divs nor communicating more often.
legendary
Activity: 3808
Merit: 7912
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.

Exactly...I'm so sick of the verbal diarrhea that people have here.
Babbling their fucking faces off all day long...if you aren't happy with your investment please sell it and go away.
If you are satisfied you made the right choices and calculations, stfu and wait for those investments to mature.

I don't need to see your latest cocktail napkin horseshit calculations as to why the stock price should be higher or lower...you just sound like a loser looking for other stronger people to validate the decisions you made or didn't.

Man up and stfu.

 U mad bro?
hero member
Activity: 588
Merit: 500
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.

Exactly...I'm so sick of the verbal diarrhea that people have here.
Babbling their fucking faces off all day long...if you aren't happy with your investment please sell it and go away.
If you are satisfied you made the right choices and calculations, stfu and wait for those investments to mature.

I don't need to see your latest cocktail napkin horseshit calculations as to why the stock price should be higher or lower...you just sound like a loser looking for other stronger people to validate the decisions you made or didn't.

Man up and stfu.
legendary
Activity: 2016
Merit: 1259
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.

The only real concern related to timescale is the rise of BTC price before dividend conversion. 
   May $600 last longer than BE200 stock.  Cheers!
legendary
Activity: 1260
Merit: 1002
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.
legendary
Activity: 3808
Merit: 7912
Why not just keep pumping the money back into the company and receive yearly dividends every Christmas? I'm all for it Smiley keep the funds FC, make it a fatter payout at the end of the year for us lol

I actually wouldn't mind this either.  I'd like to see FC diversify a bit and start a holdings unit as a second line of business just to give us some wiggle room and stabilize prices.  What's your take on that Friedcat Buffett?

They need better customer service. Transfer of shares took 9 days last time, now transferring to havelock, which will take who knows how long. This is why they need the shares to be on havelock or counterparty, or figure out a way to make it easier for investors to trade holdings.


And dividends are a must, this is a crypto stock, very high risk. If they can't pay a decent dividend, the price should be much lower than it is even now.


A week and a half is not long at all for transferring shares.

Stocks are leading indicators not lagging.

 Stock market returns are leading indicators.  Thankfully, they are not always accurate.  Let's hope they are not accurate in the case of Asicminer shares.




I don't know about that.  AM has returned multiple times the IPO price per share in the first year.   That seems a pretty good indication.  On what scale do you find that to be a bad indication?

On a scale of 4 to 0.2 I'd have to say...



 The return of multiple IPO price was a long time ago and was fuelled by speculation.  Sure we got some dividends but we don't mine anymore.  Now we rely on outside expertise to make our chips into something useable.  Yeah all I can see are bulls and roses.



When we talk about return of IPO price we are talking about the dividends paid out to shareholders over the lifetime of the company which has been more than the .1 BTC IPO Price. Were Not talking about the speculation ramp up that occurred last summer. If you sold your shares right now they would return 2 times the IPO price by your logic.

 That's not my logic.  I'm not sure how you get that from what I wrote.
I don't believe we can have a logical discussion about return on a share of AM without consideration for the share value except at IPO.
You're telling me that we did well at the beginning so that's a good indication for the future when the company has made some serious changes in direction.  We aren't building miners anymore - the big money is in manufacturing and selling miners and mining the Bitcoins.  Having strayed so far from the formula that made the initial returns I can't see getting my investment back even if I buy in now to lower my average buy price.  I believe it would be throwing good money after bad at this point.  That's part logic and part emotion.


In your post you stated:

......

The return of multiple IPO price was a long time ago and was fuelled by speculation.  Sure we got some dividends but we don't mine anymore.  Now we rely on outside expertise to make our chips into something useable.  Yeah all I can see are bulls and roses.



That statement is not true is all I am pointing out. The return of the IPO price had nothing to do with speculation, it was returned via dividend payments. The stock could have traded at .1 BTC and the IPO price would have been returned via dividend payments.

The high stock price was driven by speculation but that had no effect on the dividends which were paid out that returned the original IPO price and more.

Go discuss the share value all you want, just don't try to imply that a high share price is what paid back the original IPO price, that came from dividends.

 I'm sure others are not interested in our inability to understand one another's arguments.
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