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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 440. (Read 3917543 times)

sr. member
Activity: 347
Merit: 250
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

Last news was on 23rd, not a long time ago by his standards.

Considering the commitment to pay a weekly dividend and the fact that this has been defaulted on without any announcement - it is a very long time by any standards.

There weren't any meaningful bitcoins to distribute.

Oh really?!  Grin

I takes one minute to log into the forum and post sth. like "Due to peanuts in revenues we will not pay a dividend this week but will include all dues with the next dividend."

And please not the next comment: "But friedcat is probably busy with XYZ..."  Cheesy

It takes one second to look up the revenue address to see there is pennies to pay out which means no dividends.

Please though panic and sell your shares fc is doing something shady clearly.
hero member
Activity: 491
Merit: 500
There weren't any meaningful bitcoins to distribute.

To add to that I think we are just about mining what we pay in electricity.

Assuming 1MW for both datacenters at $0.15/kwh means $25,000 in electricity alone so we need 2 blocks a week to break even.

All revenue showing in the mining address has been distributed as dividends recently. And a lot of fiat sales revenue had been held back as company assets. I am too lazy to quote the friedcat post on this.

And again, there is the commitment to pay a weekly dividend. If that cannot be honoured for one or the other reason - no big deal. But communication takes just a minute.

Regardless of the amount the principle of paying a dividend based on agreement deserves attention. A simple "You ain't getting dirt cause it went to the office coffee fund."  would have sufficed IMHO.

Exactly. Thanks.
full member
Activity: 224
Merit: 100
Regardless of the amount the principle of paying a dividend based on agreement deserves attention. A simple "You ain't getting dirt cause it went to the office coffee fund."  would have sufficed IMHO.
member
Activity: 60
Merit: 10
i suppose havelock should send an email even there is no divs
hero member
Activity: 770
Merit: 509
There weren't any meaningful bitcoins to distribute.

To add to that I think we are just about mining what we pay in electricity.

Assuming 1MW for both datacenters at $0.15/kwh means $25,000 in electricity alone so we need 2 blocks a week to break even.
hero member
Activity: 491
Merit: 500
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

Last news was on 23rd, not a long time ago by his standards.

Considering the commitment to pay a weekly dividend and the fact that this has been defaulted on without any announcement - it is a very long time by any standards.

There weren't any meaningful bitcoins to distribute.

Oh really?!  Grin

I takes one minute to log into the forum and post sth. like "Due to peanuts in revenues we will not pay a dividend this week but will include all dues with the next dividend."

And please not the next comment: "But friedcat is probably busy with XYZ..."  Cheesy
legendary
Activity: 1008
Merit: 1000
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

Last news was on 23rd, not a long time ago by his standards.

Considering the commitment to pay a weekly dividend and the fact that this has been defaulted on without any announcement - it is a very long time by any standards.

There weren't any meaningful bitcoins to distribute.
hero member
Activity: 491
Merit: 500
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

Last news was on 23rd, not a long time ago by his standards.

Considering the commitment to pay a weekly dividend and the fact that this has been defaulted on without any announcement - it is a very long time by any standards.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

I'm all for more communication and news, but I wouldn't have expected some today! Friedcat said the chips will be 'out' on friday. In my books this means they'd be leaving the plant. The earliest date for AM to receive them would be saturday. Do they deliver on sunday? Maybe they'll receive them on monday. And they still need to be tested. If everything's set up they could do this within hours, maybe. But they'll want to make sure all specifications are correct and advertise the actual performance of the physical chips.
These days are unsettling, yes, but there's no reason to panic (yet). If there's no announcement after wednesday, I'll get nervous.

And divs... Well yeah, 1 block and some dust. The fees would swallow all of the transacted BTCs...  Tongue  Cheesy
KS
sr. member
Activity: 448
Merit: 250
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...

Last news was on 23rd, not a long time ago by his standards.
full member
Activity: 224
Merit: 100
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

To make the trek this far and not take the hill is just.... weak.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!

Even I am starting to panic... No divs and no news? Not good...
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin

Blasphemy! I guess they've decided they're not ready for the sweet life FC will bring. Prepare the shirts and celebration photos!
full member
Activity: 224
Merit: 100
Looks like a handful of skeptics are voting with their shares. Common FC prove them wrong.  Grin
sr. member
Activity: 362
Merit: 250
The last 5 times china "banned" bitcoin seem to have had no effect on AM why will it this time?

I don't believe the gradual restrictions on BTC in China has had "no effect" on AM - if nothing else, at least through the exchange rate and the size of the potential market for chips. It's no secret that it's getting gradually harder for bitcoin businesses in China, and it would be unwise to ignore potential regulatory threats.

Their wavers are not made in China as far as I know, so they don't need the money in China.

Also, Hong Kong is not China. It' the freest economy in the world. it's an off-shore tax haven, it's where Chinese and businesses around the world keep their money save from their own government (seemingly, lol).

Hong Kong retains top spot of world's freest economy
http://www.bbc.co.uk/news/business-16523643

Hong Kong Bitcoin Exchange:
https://anxbtc.com/

Bitfountain is, as far as I know, incorporated in Shenzhen and not in Hong Kong. So unless they have moved, they are still subject to the normal Chinese regulations.

I'm not spreading FUD here, I would just like to know if it is creating any complications for AM's operation (and, if so, how it will be addressed).
KS
sr. member
Activity: 448
Merit: 250
HK is like Vegas; it never sleeps, so it could mean they show up at 23:59 and testing starts a 00:01. Just don't try and get anything done around New Year.

They pack all their vacations in one go. More efficient. Smiley
full member
Activity: 224
Merit: 100
HK is like Vegas; it never sleeps, so it could mean they show up at 23:59 and testing starts a 00:01. Just don't try and get anything done around New Year.
KS
sr. member
Activity: 448
Merit: 250
Once again: We don't know whether the chips are leaving the plant or are arriving at AM today. They may still be in transit to AM during the days ahead.

arf...FC said the packaged chips will be out on March 28. Whatever that means exactly is anyone's guess.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Once again: We don't know whether the chips are leaving the plant or are arriving at AM today. They may still be in transit to AM during the days ahead.
full member
Activity: 224
Merit: 100
May be premature for news but technically they may have had a day testing.  GMT+8.
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