ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 437.

KS

sr. member

Activity: 448

Merit: 250

Quote from: ?? on ??

Quote from: friedcat on August 09, 2012, 03:17:17 AM

About the Company ASICMINER is a GLBSE-listed partner company of the
Bitfountain IC company registered in China. After the fully issuing of
ASICMINER shares, each one of ASICMINER and Bitfountain controls 50% power to
make decisions and shares 50% of the total profits, but the ASICMINER investors
will first get 100% of the total profits until they have their principals paid
back. After the first payment, the dividends will always be paid weekly in each
Wednesday of Beijing time.

Quoted as per post 940

@arousedrhino: it's not the first post. Click on the "quote from..." links to get to the right message (but you know that).

vortex1878

hero member

Activity: 491

Merit: 500

Page 1. *facepalm*

arousedrhino

sr. member

Activity: 347

Merit: 250

Quote from: ujka on March 29, 2014, 11:40:42 AM

Quote from: arousedrhino on March 29, 2014, 11:09:20 AM

...
Where in the prospectis does it state wed divs? I looked and cannot find it. Its states that dividens from the profits will be paid to shareholders with no specificity of the day.

Back from GLBSE days:

Quote

About the Company
ASICMINER is a GLBSE-listed partner company of the
Bitfountain IC company registered in China. After the fully issuing of
ASICMINER shares, each one of ASICMINER and Bitfountain controls 50% power to
make decisions and shares 50% of the total profits, but the ASICMINER investors
will first get 100% of the total profits until they have their principals paid
back. After the first payment, the dividends will always be paid weekly in each
Wednesday of Beijing time.

Thanks, is that still available in full somewhere to read?

hlynur

hero member

Activity: 770

Merit: 501

Quote from: friedcat on March 29, 2014, 09:46:33 AM

Update

The chips passed the functionality tests.

nice one!

Kudos to friedcat and the whole team.
Keep it up and don't forget to celebrate.

Caesium

hero member

Activity: 546

Merit: 500

Quote from: hdbuck on March 29, 2014, 01:55:01 PM

good news indeed

finally, this 6 words news pushed AM price up.
quick question tho, now we *know chips passed functionality test, what's the next move or news we should be waiting for? how long shall it take? another month? or will we just see loads of btc floading AM adress from sales?

Quote from: friedcat on March 29, 2014, 10:07:03 AM

Quote from: szmarco on March 29, 2014, 09:58:46 AM

Can somebody explain what the functionality tests are?
And What's the next?

They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)

hdbuck

legendary

Activity: 1260

Merit: 1002

good news indeed

finally, this 6 words news pushed AM price up.
quick question tho, now we *know chips passed functionality test, what's the next move or news we should be waiting for? how long shall it take? another month? or will we just see loads of btc floading AM adress from sales?

KS

sr. member

Activity: 448

Merit: 250

Quote from: romerun on March 29, 2014, 12:47:12 PM

Has anyone been following the mining industry cares to summarize AM competitors on what do they have and what are they planing to have?

There's a few lined up, too much stuff for a single post, but tl;dr: AM is competitive with Gen3. Next year will be a whole other story, when the competition will have had time to catch up or do a decent 28nm design (20nm will probably suck as far as 20nm should go, like 28nm started by not outperforming 55nm).

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: friedcat on March 29, 2014, 09:46:33 AM

Update

The chips passed the functionality tests.

This is excellent news!

Congratulations to the AM Team

romang

member

Activity: 112

Merit: 10

Quote from: romerun on March 29, 2014, 12:47:12 PM

Has anyone been following the mining industry cares to summarize AM competitors on what do they have and what are they planing to have?

Looks like no one

romerun

legendary

Activity: 1078

Merit: 1002

Bitcoin is new, makes sense to hodl.

Has anyone been following the mining industry cares to summarize AM competitors on what do they have and what are they planing to have?

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: Franktank on March 29, 2014, 12:34:14 PM

This generation of ASICs is starting to fill out (via AM, KnC, BitFury, Avalon, etc) but I wonder if the 40 nm chip will last us until the next block halving. If so, is 3 years enough time for R&D for next gen to maximize ASIC efficiency when it's 12.5 BTC a block?

40nm will likely not be used for gen4. Im guessing 16nm will be out by then so AM will use 20nm (to save money/time)

If the 40 chip can reach 0.2 w/gh a 20nm could possibly reach 0.1 w/gh

Franktank

hero member

Activity: 560

Merit: 500

Quote from: chriswilmer on March 29, 2014, 12:22:37 PM

Quote from: Franktank on March 29, 2014, 12:20:19 PM

So about Gen 4 or Gen 5 R&D...

Heh, seriously a good question

This generation of ASICs is starting to fill out (via AM, KnC, BitFury, Avalon, etc) but I wonder if the 40 nm chip will last us until the next block halving. If so, is 3 years enough time for R&D for next gen to maximize ASIC efficiency when it's 12.5 BTC a block?

chriswilmer

legendary

Activity: 1008

Merit: 1000

Quote from: Franktank on March 29, 2014, 12:20:19 PM

So about Gen 4 or Gen 5 R&D...

Heh, seriously a good question

Franktank

hero member

Activity: 560

Merit: 500

So about Gen 4 or Gen 5 R&D...

houseofchill

member

Activity: 110

Merit: 10

That's a relief. Congratulations friedcat!

KS

sr. member

Activity: 448

Merit: 250

nubbins?

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: friedcat on March 29, 2014, 10:07:03 AM

Quote from: szmarco on March 29, 2014, 09:58:46 AM

Can somebody explain what the functionality tests are?
And What's the next?

They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)

ujka

hero member

Activity: 630

Merit: 500

Quote from: arousedrhino on March 29, 2014, 11:09:20 AM

...
Where in the prospectis does it state wed divs? I looked and cannot find it. Its states that dividens from the profits will be paid to shareholders with no specificity of the day.

Back from GLBSE days:

Quote

About the Company
ASICMINER is a GLBSE-listed partner company of the
Bitfountain IC company registered in China. After the fully issuing of
ASICMINER shares, each one of ASICMINER and Bitfountain controls 50% power to
make decisions and shares 50% of the total profits, but the ASICMINER investors
will first get 100% of the total profits until they have their principals paid
back. After the first payment, the dividends will always be paid weekly in each
Wednesday of Beijing time.

nycgoat

member

Activity: 117

Merit: 10

Thanks for the update friedcat, looking forward to hearing more.

Keep up the good work.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

there is definitely action with havelock, cloudflare is just showing an old cached version. Make sure to click "retry to live site". Once in awhile it works.

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 437. (Read 3917543 times)