Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 378. (Read 3917543 times)

Wow amazing indeed!
Do we have an estimate of how many AM gen3 chips btcgarden bought?

3000 Chinese Yuan equals 480.98 US Dollar

1.41$/ghs ... that's amazing spondosomething is 2$/ghs

30usd for 340ghs? Something doesn't add up right there.... Or am I reading it wrong

Hmm.  That looks like 32 chips, running at 340GH/s and 396W?

btcgarden-AM-v1 Miner also use AiscMiner chips  
http://www.btcgarden.com/product

http://www.btcgarden.com/garden-asic1.html
Out of stock 

Hope this helps answer your question.

I believe AsicMiner div's were being poured into 1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i  until they recently stopped...     
 

Side Question for anyone with a solid realistic non-fud based answer... or other suggested conclusions

  Based on the below...

   a) When div's stopped, AsicMiner had 47TH approx according to eripo at the time...   
   b) Havelock last div payout March 30th ...  Last 'block' found at above address on April 9th
   c) Regardless of increasing difficulty, 47TH today should mathematically net a minimum 2 blocks per month..

 So either,

   a) Friedcat has started mining to a different address.... and we'll have a nice div surprise.
   b) Since April 9th to May 22 he has had REALLY bad luck...and not mined a single block..
   c) The 47TH was taken offline and gutted to be upgraded into a new Gen3 Farm.
   d) .... Other suggestions what may have happened?

 TL;DR; -While we have all been speculating and waiting patiently .. Friedcat's farm hasn't mined ANYTHING?

  Not realistic.     Gentlemen, what's missing?   Lets have some fun while we wait

Yeah, it doesn't look very good to me, especially considering how lumpy the dividends will be.

Has anyone put together a dividends history?  I've already taken available dividend data from Havelock's AM1 and BTCT's ASICMINER-PT but that doesn't go back before 2013-03-06. 

Also looked at 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF (this is the dividends address right?) but strangely that only goes up to 2013-02-24.

Well the last time I checked the price was about 0.5, and your suggesting total batch div's of 0.18...   Lets spread that over an an average  company's Quarter earnings.. netting a measly 38% dividend based on percent.   

Wall Street would have a wet dream over this RIO regardless of future stock value.

Yeah, I am personally content waiting...

But hey.. Your mileage may vary..

@binaryfate, necro_nemesis: thanks, i knew it couldn't have been 2.5 chips in there

@Fordee, how does your optimism support the share price if the forecast dividends for the first 3 batches (with the fattest profit margins) totals just 0.18, and with no gen4 in sight?

Shhhh... Keep things like this to yourself Let them worry about the divs!

As I stated before it's a small volume of the total shares trading on speculation rather than value that effect the current share price. This was easily spotted when the price prior to Gen3 was higher than when we had a proven ASIC. Where you'll have a better appreciation is when larger volumes attempt to change hands but so far we see what appears to be ripples and a few small waves in trading on Havelock having a disproportionate effect on share price.

That's because they are easier to forecast.

But this thread seems to be 30% people who wonder where the divs are and "whether AM is dead", 60% people who expect dividends on the 27th sharp, and 10% people who realise that the 27th is a probable date ("divs should precede or coincide with the financial statement (as soon as converted)" and "financial statement (supposed to coincide with divs) can be expected May 27th"), but no deadline, definitive div date or anything. But I stopped trying to predict what the price on Havelock does, lotto numbers haven proven themselves easier to forecast for me.

Experience tells me that events of the 27th occurring or not occurring on time is not a make or break with the investment although it may have short term effect on share price to those investors who see otherwise.  We've already been well acclimated to these situations when it comes to AM.

Shareholder seeing the first products shipping:

We caught him once getting it on with the hot secretary forking a chain in the mining farm (Remember that FUD guys  ). We dunno if that is still going on or he was just being the fried player he always has been  

If they don't come on the 27th, panic, FUD, stock goes down, I buy more. If they do status quo. No biggy.

It doesn't matter how far ahead you've planned if other companies are a year + ahead in technology. Gen3 will not stay competitive for very long at all so hopefully they get Gen4 out fast, a LOT faster than the gap between Gen1 and Gen3 was.

Also, for all the people repeating dividends will come out on May 27 as if it's gospel... I'm pretty doubtful.

In one QA session, friedcat says this:

5) When are the sales revenues of the chips expected to be paid out to shareholders? re 5) When the balance payments are received and exchanged for Bitcoins.

In another session he says this:

1) When can we expect the financial report that's supposed to coincide with the next round of dividends? re 1) May 27.

Has he not received the "balance payments" for the chips sold to rockminer and other companies yet? Or has he received the payments and not yet exchanged for bitcoins? I would say that most likely he has already received the payments and clearly has not paid out the dividends yet. So one condition/term to pay out the dividends has already been ignored. Next... the May 27 date refers to a financial report. Numerous dates set for financial reports have been missed in the past. And even if a financial report does come out on May 27, will the dividends come out same day? Given how cursorily friedcat seems to have read and answered the questions, he may not have even seen the second part of the sentence in that question.

Anyway 27th is coming up soon so not much point speculating, but my personal thought is that not only will we not receive any dividends that day, but we won't hear from friedcat that day at all either.

Sorry for the wrong thread, just for more attention.
I'm not rockxie, I'm share holder of RM and AM.
My RM share holder address: https://blockchain.info/address/18X9k9NMaVjXaTrEHszeXP9Fkb1LyMqrbU