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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 444. (Read 3917543 times)

full member
Activity: 173
Merit: 100
I was kinda hoping for some dust this week. Guess I am disappointed.

Look, rockxie was in a rush to get that IPO in. That means he really wanted to get that first batch of chips. With that first batch sold out, we're looking at around 4000 BTC or about 0.01/share in the coming weeks. Just gotta wait with baited breath...

(Drum roll)...
hero member
Activity: 560
Merit: 500
I was kinda hoping for some dust this week. Guess I am disappointed.

Look, rockxie was in a rush to get that IPO in. That means he really wanted to get that first batch of chips. With that first batch sold out, we're looking at around 4000 BTC or about 0.01/share in the coming weeks. Just gotta wait with baited breath...
hero member
Activity: 504
Merit: 502
I was kinda hoping for some dust this week. Guess I am disappointed.
hero member
Activity: 560
Merit: 500
This is the second time in a row.
Once is an anomaly, twice is a coincidence, thrice is a pattern.

I don't like when patterns start shifting, it is worrisome.

He used to pay out dividends on Thursday, when they were heavily deploying Gen1 hardware.
full member
Activity: 173
Merit: 100
Reasoning by induction is like walking on ice, and yet it's all we have now.
donator
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
This is the second time in a row.
Once is an anomaly, twice is a coincidence, thrice is a pattern.

I don't like when patterns start shifting, it is worrisome.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Should we just expect divs on Thursdays now?
sr. member
Activity: 392
Merit: 250
and you sold them all for 0.6?  Not bad.
vip
Activity: 198
Merit: 101
Ah, good to know! Care to reveal how many shares changed hands? Smiley

All of the ones up for auction at least.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Assuming the trades I'm doing now are done, my auction should be finished.

Ah, good to know! Care to reveal how many shares changed hands? Smiley
vip
Activity: 198
Merit: 101
Assuming the trades I'm doing now are done, my auction should be finished.
full member
Activity: 224
Merit: 100
Nobody is going to pay north of. 6 until eb3full is done selling at .6.

The minimum purchase amount and the qty of shares he has for sale combined with the lack of information coming out of FC is most likely going to keep us at .6 for a while.

Well the auction is at half the price for bids and the market is at 0.6 so I am guessing that it is entrenched for a while

Yeah and to sell that volume at market on the exchange when looking at the order book you'd be digging down deep into the low offers so I don't think dropping that volume would equate to a quick sale unless you're willing to accept less. Certainly sets a cap that will only be broken with a significant reason to acquire a volume of shares.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Nobody is going to pay north of. 6 until eb3full is done selling at .6.

The minimum purchase amount and the qty of shares he has for sale combined with the lack of information coming out of FC is most likely going to keep us at .6 for a while.

Well the auction is at half the price for bids and the market is at 0.6 so I am guessing that it is entrenched for a while
full member
Activity: 224
Merit: 100
Volume also appears to be relatively low. I'm thinking most people have already decided what position they want to be in or out of until the next round of news.
legendary
Activity: 994
Merit: 1000
Nobody is going to pay north of. 6 until eb3full is done selling at .6.

The minimum purchase amount and the qty of shares he has for sale combined with the lack of information coming out of FC is most likely going to keep us at .6 for a while.
full member
Activity: 224
Merit: 100
I'm somehow puzzled, that we're back to 0.6 right now...

Concern for the testing going south from expectations?

For reference here is the outcome of last Q/A from the 10th of Decemeber. Some questions appear to still be relevant and would benefit from further expansion now that things are starting to solidify.

Answers to Recent Questions of Shareholders' Concern

- When can we expect an official public relations appointment and what channels will be used to announce information?
  Still no dedicated full-time PR employee yet, since existing people in the company can only do it part-time, and knowing internals about the company business and arrangements poses requirements on some kind of loyalty for new employees, therefore we are still looking for the right people. Before that my collegues and I will keep updating information. The channel will still be forums from the start.

- What is the size of the first Gen 3 deployment and when is it expected?
  It depends on if there are any external orders for the first Gen 3 deployment and the final performance when the chips are out. From 2P to 20P are possible.

- How will Gen 3 be divided between mining, franchising and hardware sales?
  It depends on the users of our chips. It is a safe bet that we will be moving more to pure chip distribution. But if the edge of low cost on whole devices and deploying still exists in 2014 on our side, we will do more mining/franchising/hardware sales ourselves.

- What process size does Gen 3 use?
  40nm. Anything below that and taking the same optimization way as ours will consume too much time before taping out.

- What will happen after all cubes are sold? Will there be anything coming between now and the first Gen 3 deployment?
  During pre-production and production of the Gen3, most of our time will be spent on negotiating large chip orders (from us) and locating large-scale mining farm operations.

- Have dividends been paid out to shareholders for the cube sales yet?
  Yes. But fiat payments are not exchanged for Bitcoins yet and kept as company funds.

hero member
Activity: 770
Merit: 501
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
I'm somehow puzzled, that we're back to 0.6 right now...
sr. member
Activity: 378
Merit: 250
yes, I suggest new round of shareholders questions for Friedcat 1-2 weeks after the 1st batch madness (what do you think friendly pumpkin? Smiley are you going to take initiative? )
Yeah, sure! So go ahead everyone and tell me what you'd like to know, I'll collect those questions and forward them after we agreed on them!
thanks, after 1st batch  Wink
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
yes, I suggest new round of shareholders questions for Friedcat 1-2 weeks after the 1st batch madness (what do you think friendly pumpkin? Smiley are you going to take initiative? )

Yeah, sure! So go ahead everyone and tell me what you'd like to know, I'll collect those questions and forward them after we agreed on them!
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