ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 452.

tsm13

member

Activity: 95

Merit: 10

Terrible google translate from rockxie, roll on the harvest Grin

19th March
Little progress report that strong mining machine : SMT assembly plant and basically get another shipment of aging and is responsible for testing the plant has also been finalized and is currently being renovated hot . If the chip goes well, is expected next month Xiaoqiang mining machine will be able to meet you , and we stay tuned.

Our slogan is to be determined : Xiaoqiang mining machine, mining machine fighter ! Haha !

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: vortex1878 on March 20, 2014, 02:49:32 PM

Quote from: aahzmundus on March 20, 2014, 02:43:05 PM

Quote from: trilogy456 on March 20, 2014, 12:42:14 PM

We need to create our own PR for ASICMINER.

Now, I struggle with this question myself... but why?

We are moving into a B2B venture, and all of the players that need to know abut us, do. Hell... all of the first batch has already been sold. We do not need to attract buyers, buyers come to us. Why do we need new investors? AM would not get any of the money to help with development, it would go to the hands of old investors leaving.

The big thing we need is people with time, summarizing events for investors who need to stay informed, but are not able to watch this thread every day. I am trying to fill that role, but I keep getting sidetracked.

What is your source for that all of 1st batch has already been sold? Did I miss sth.? I don't even know the size of batch 1... ^^

Where did you find that the 1st batch is sold out?

vortex1878

hero member

Activity: 491

Merit: 500

Quote from: aahzmundus on March 20, 2014, 02:43:05 PM

Quote from: trilogy456 on March 20, 2014, 12:42:14 PM

We need to create our own PR for ASICMINER.

Now, I struggle with this question myself... but why?

We are moving into a B2B venture, and all of the players that need to know abut us, do. Hell... all of the first batch has already been sold. We do not need to attract buyers, buyers come to us. Why do we need new investors? AM would not get any of the money to help with development, it would go to the hands of old investors leaving.

The big thing we need is people with time, summarizing events for investors who need to stay informed, but are not able to watch this thread every day. I am trying to fill that role, but I keep getting sidetracked.

What is your source for that all of 1st batch has already been sold? Did I miss sth.? I don't even know the size of batch 1... ^^

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

Quote from: trilogy456 on March 20, 2014, 12:42:14 PM

We need to create our own PR for ASICMINER.

Now, I struggle with this question myself... but why?

We are moving into a B2B venture, and all of the players that need to know abut us, do. Hell... all of the first batch has already been sold. We do not need to attract buyers, buyers come to us. Why do we need new investors? AM would not get any of the money to help with development, it would go to the hands of old investors leaving.

The big thing we need is people with time, summarizing events for investors who need to stay informed, but are not able to watch this thread every day. I am trying to fill that role, but I keep getting sidetracked.

trilogy456

member

Activity: 69

Merit: 10

ASICMINER shares: Havelockinvestments.com

Quote from: Bonam on March 20, 2014, 12:17:51 PM

I still don't see why everyone is on about scrypt ASICs when the first priority is clearly to get gen3 finished and deployed, and then to be developing gen4 as quickly as possible. That's Asicminer's field of expertise, and it should stick to it while significant gains remain to be had in this field. Certainly before branching out into different kinds of ASICs, a higher priority should be getting a company website, some decent public and investor relations, etc.

Good idea about a website. How about a few of us pitch in and bid on ASICMINER.COM (https://auctions.godaddy.com/trpItemListing.aspx?miid=120115877), or another domain? We should create a dedicated site of our own at least in the midterm. If FC/ASICMINER wanted to take over the domain eventually, we could let them. Google ASICMINER or "ASIC miner" and see what you get.

We could put the chip specs on the site, along with how to contact FC for purchasing.

We could show the pictures of the immersion cooling setup.

We could link to Havelock for people interested in purchasing shares.

We could show historic hashrate charts, as well as educate about moving towards pure chip distribution. http://www.asicminercharts.com/ already has a great site for this.

General links about BTC and mining. Etc.

More info about ASICMINER's history and background. Show mining address. Show history/specs of their past mining hardware: Blades, USB, Cubes.

I'm open to any other idea.

The auction ends April 23, 2014, and currently is $60USD.

We need to create our own PR for ASICMINER.

Bonam

sr. member

Activity: 420

Merit: 250

I still don't see why everyone is on about scrypt ASICs when the first priority is clearly to get gen3 finished and deployed, and then to be developing gen4 as quickly as possible. That's Asicminer's field of expertise, and it should stick to it while significant gains remain to be had in this field. Certainly before branching out into different kinds of ASICs, a higher priority should be getting a company website, some decent public and investor relations, etc.

superduh

hero member

Activity: 602

Merit: 500

Quote from: aahzmundus on March 20, 2014, 10:18:14 AM

Quote from: ?? on ??

Furthermore; adding the market caps together is already a good indicator of the total current market value of crypto coins.
When there are no other coins, as suggested by Rival, then this value represents the potential market cap of bitcoin.

Market caps are a horrible way to assess the value of a crypto. A good portion of these coins have huge premines that are not active in the economy of the coin, but the owners sit on... that drastically distorts the value of a crypto. Just look back a few weeks ago at the charts of Auroracoin, it got to the #2 market capitalization for some time...

Not only that, but not all coins are spendable. There are hundreds of thousands of bitcoins that will never move from the addresses in which they now reside...

Yes, there will always be competitors, but Asicminer is in no place to try and design an ASIC for every little hashing algo some guy comes up with in his basement. Asicminer needs to continue to refine and focus their business on what is most profitable, and look to the future of the bitcoin mining industry as they have already showed they are doing.

as you said yourself- horrible way to value crypto currency.
when ASIC MINER started "market cap of bitcoin" was under $100 million. which is less than the value of all scrypt coins today.
value of scrypt coins is much larger than bitcoin at the time of initial development.

i really really wish that people STOP IGNORING THE ELEPHANT IN THE ROOM - scrypt is LIKELY TO STAY and CAN GENERATE money. doesn't matter if you like or don't like it. even with the small possibility that they won't stay - AM can generate huge revenue is CNY, USD, LTC?, BTC until then

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: necro_nemesis on March 20, 2014, 08:13:27 AM

Quote from: ?? on ??

Havelock shows a price more representative of panic buying than selling, so no inside info yet, or it was good news Grin

Anyone examine the distribution of shares to see when the insiders have traded?

That would be an interesting analysis.

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

Quote from: ?? on ??

Furthermore; adding the market caps together is already a good indicator of the total current market value of crypto coins.
When there are no other coins, as suggested by Rival, then this value represents the potential market cap of bitcoin.

Market caps are a horrible way to assess the value of a crypto. A good portion of these coins have huge premines that are not active in the economy of the coin, but the owners sit on... that drastically distorts the value of a crypto. Just look back a few weeks ago at the charts of Auroracoin, it got to the #2 market capitalization for some time...

Not only that, but not all coins are spendable. There are hundreds of thousands of bitcoins that will never move from the addresses in which they now reside...

Yes, there will always be competitors, but Asicminer is in no place to try and design an ASIC for every little hashing algo some guy comes up with in his basement. Asicminer needs to continue to refine and focus their business on what is most profitable, and look to the future of the bitcoin mining industry as they have already showed they are doing.

necro_nemesis

full member

Activity: 224

Merit: 100

Quote from: ?? on ??

Havelock shows a price more representative of panic buying than selling, so no inside info yet, or it was good news Grin

Anyone examine the distribution of shares to see when the insiders have traded?

Rival

hero member

Activity: 504

Merit: 502

Quote from: aahzmundus on March 19, 2014, 11:20:52 PM

You can't just take market caps, merge them together, and divide to determine what the price of a coin is. Rival is smarter then that, you have to look at liquidity and market depth.

Thank you.

SmiGueL

sr. member

Activity: 322

Merit: 252