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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 589. (Read 3917468 times)

member
Activity: 110
Merit: 10
Keep fighting brother friedcat
full member
Activity: 172
Merit: 100
*sniff* Now i feel so bad to keep me from selling shares because of pictures of immersion cooling and strange interviews... on top i kept shares from someone because i told him the news are good...

This sucks. But the biggest anger i have is that friedcat is not communicating anymore. If i wouldnt know the character of friedcat i would think he is slowly letting a scam die. Simply looks to similar to scams...

FRIEDCAT please communicate!
Please tell us whats up!

In the spirit of defusing this a bit, the board is going to have a meeting soon and discuss the communication/transparency issue. The last attempt to improve the situation was well intended but not followed through. This point needs clarification.

Awesome stuff. Will the meeting be made public (streamed/recorded/transcript online), or will it be fully in private? Any comments on what the previous attempt was and why it failed?
member
Activity: 120
Merit: 10
WINSTARS - We are changing the face of gambling
This will be quick   Grin

Yes, does anyone have this address? Thanks for the clarification

No.


This address has been posted before, I have tried searching but nothing has come up yet. I understand if you dont have it, but that does not mean noone else does either.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
I think FC strategy is not to engage over 28mm fight but stay on the lower tech like 40mm since it costs way less, and dump tons of it in the immersion tank, then keep up with higher density tech after launch. Low div this week could only mean the money from cube has yet arrived. Not sure who's taking loss over btc quadruple in the past few days, since many ppl bought cube with fiat.

I agree with you.

After selling all my AM a few months ago between 3.6-4.0, I bought back in this week with a small holding. If the weekly divs were the only reason to hold AM now I would expect the company is on its way down to zero. However, friedcat has demonstrated some important new technology that shows us what the near future holds in mining (it also shows what the withheld earnings have been spent on). None of his rivals have anything like it (or they've kept very quiet about it if they have). We can only assume that the 40nm chips and the boards that will house them were designed hand-in-hand to perform well in immersion-cooling.

friedcat has stated that he can put over 5000 existing BE blades in a shipping container, that's 50-65TH on archaic tech. How much hash rate can he put in using purpose-built 40nm chips with much higher performance? His marginal cost to manufacture hardware will be low and now he's got somewhere to put it all.

I don't expect we'll ever see the dividends getting back to where they were, but the current prices are now looking cheap to me.

Take what I say with a grain of salt; if this sounds like pump-and-dump perhaps it is.
donator
Activity: 994
Merit: 1000
*sniff* Now i feel so bad to keep me from selling shares because of pictures of immersion cooling and strange interviews... on top i kept shares from someone because i told him the news are good...

This sucks. But the biggest anger i have is that friedcat is not communicating anymore. If i wouldnt know the character of friedcat i would think he is slowly letting a scam die. Simply looks to similar to scams...

FRIEDCAT please communicate!
Please tell us whats up!

In the spirit of defusing this a bit, the board is going to have a meeting soon and discuss the communication/transparency issue. The last attempt to improve the situation was well intended but not followed through. This point needs clarification.
full member
Activity: 180
Merit: 100
Didn't he say no more dividends?

Stop with the fake news. There's a labcoin thread for that :-)
full member
Activity: 221
Merit: 100
Yeah i also hope for updates.
sr. member
Activity: 311
Merit: 250
The Power Of The Coin Is Awesome!!
*sniff* Now i feel so bad to keep me from selling shares because of pictures of immersion cooling and strange interviews... on top i kept shares from someone because i told him the news are good...

This sucks. But the biggest anger i have is that friedcat is not communicating anymore. If i wouldnt know the character of friedcat i would think he is slowly letting a scam die. Simply looks to similar to scams...

FRIEDCAT please communicate!
Please tell us whats up!
sr. member
Activity: 378
Merit: 250
This will be quick   Grin

Yes, does anyone have this address? Thanks for the clarification

No.

Maybe FC's assets are stuck on WeExchange...

No.

Didn't he say no more dividends?

No.
sr. member
Activity: 476
Merit: 250
Didn't he say no more dividends?
when?  link to where that was stated.
sr. member
Activity: 560
Merit: 250
Bounty manager (https://t.me/Gudwinn)
Didn't he say no more dividends?
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Maybe FC's assets are stuck on WeExchange...
member
Activity: 120
Merit: 10
WINSTARS - We are changing the face of gambling
these are the mining wallet and dividend distribution wallets.  he asked for the address that is holding the dividend reinvestment coins.

Yes, does anyone have this address? Thanks for the clarification
donator
Activity: 980
Merit: 1000
I think FC strategy is not to engage over 28mm fight but stay on the lower tech like 40mm since it costs way less, and dump tons of it in the immersion tank, then keep up with higher density tech after launch. Low div this week could only mean the money from cube has yet arrived. Not sure who's taking loss over btc quadruple in the past few days, since many ppl bought cube with fiat.

BTC is the same fiat value as a week ago. Boom and bust were just a blip and statistically insignificant for cube purchases.

We are consolidating a massive value increase with respect to just 1+ months ago. It does change things, although it shouldn't change any plans.
hero member
Activity: 504
Merit: 502
I think FC strategy is not to engage over 28mm fight but stay on the lower tech like 40mm since it costs way less, and dump tons of it in the immersion tank, then keep up with higher density tech after launch. Low div this week could only mean the money from cube has yet arrived. Not sure who's taking loss over btc quadruple in the past few days, since many ppl bought cube with fiat.

BTC is the same fiat value as a week ago. Boom and bust were just a blip and statistically insignificant for cube purchases.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
I think FC strategy is not to engage over 28mm fight but stay on the lower tech like 40mm since it costs way less, and dump tons of it in the immersion tank, then keep up with higher density tech after launch. Low div this week could only mean the money from cube has yet arrived. Not sure who's taking loss over btc quadruple in the past few days, since many ppl bought cube with fiat.
sr. member
Activity: 302
Merit: 250
blood is almost in the streets

Vycid turn bull sub .2?
newbie
Activity: 13
Merit: 0
*sniff* Now i feel so bad to keep me from selling shares because of pictures of immersion cooling and strange interviews... on top i kept shares from someone because i told him the news are good...

If you stayed in only because of this week dividends, then you made a mistake, sure.

Also is immersion cooling actually in use yet? I thought it was more of a proof of concept so far. The next gen has yet to be deployed, and immersion cooling could become very interesting in the long run (older gens can run for longer, larger amounts of chips can be deployed).

Are they the only company doing next gen that's visibly doing so?
legendary
Activity: 3122
Merit: 2178
Playgram - The Telegram Casino
*sniff* Now i feel so bad to keep me from selling shares because of pictures of immersion cooling and strange interviews... on top i kept shares from someone because i told him the news are good...

If you stayed in only because of this week dividends, then you made a mistake, sure.

Also is immersion cooling actually in use yet? I thought it was more of a proof of concept so far. The next gen has yet to be deployed, and immersion cooling could become very interesting in the long run (older gens can run for longer, larger amounts of chips can be deployed).
hero member
Activity: 525
Merit: 500
FRIEDCAT please communicate!
+1

We demand update from board or from Friedcat ! unbelievable ...
ok FC has been quiet since late Oct 28, about 3 weeks, but otherwise there's been heaps of updates and reports over the past few months, it just seems like no comms

why not just put a list of Q's together that you want answers to?
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