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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 631. (Read 3917468 times)

legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)

Time to process thanks Smiley
Been waiting to get some calculation done for a while
Very rough 4 mill assets PE- 12-15 ?
Hmm well guess I'll read more later sort of clearer thanks
sr. member
Activity: 476
Merit: 250
Thank you FC, So guys is this what we were expecting? information that we already know?
what were you expecting?

I, for one, didn't know the exact figures for costs and expenses.  I also didn't know the figures for hardware sales.
sr. member
Activity: 476
Merit: 250
Where is the professional accountant or the PR person - both seem absent to me......
does AM employ either?

There were long-time repeated claims that AM was getting both....
really?  could you give us a link to where FC said that?  I don't remember it.
sr. member
Activity: 462
Merit: 250
Thank you FC, So guys is this what we were expecting? information that we already know?

Look at the share price dropping like a rock Cheesy
sr. member
Activity: 298
Merit: 250
Where is the professional accountant or the PR person - both seem absent to me......
does AM employ either?

There were long-time repeated claims that AM was getting both....
sr. member
Activity: 378
Merit: 250
Thank you FC, So guys is this what we were expecting? information that we already know?

No. I mean ... OK its kinda financial report ... but ... seems like Friedcat doesn't give a shit about what we are writing in this thread anymore. In past days we had a shitload of rumors here, and also its end of October.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
Thank you FC, So guys is this what we were expecting? information that we already know?
hero member
Activity: 736
Merit: 508
I also hoped for an actual update and the immersion cooling video. But given the fact that an earlier update stated that funds for a 40 nm mask are collected and NRE costs of  $ 210,119.50 were shown, I call this good news. - Gen 2 seems to be already in progress.

*
legendary
Activity: 1106
Merit: 1026
I also hoped for an actual update and the immersion cooling video. But given the fact that an earlier update stated that funds for a 40 nm mask are collected and NRE costs of  $ 210,119.50 were shown, I call this good news. - Gen 2 seems to be already in progress.
member
Activity: 84
Merit: 10
I was also hoping for a bit of information rather than just historic information that is not really all that surprising?

why were you expecting that information?

Hope != expect
sr. member
Activity: 476
Merit: 250
Where is the professional accountant or the PR person - both seem absent to me......
does AM employ either?
sr. member
Activity: 476
Merit: 250
I was also hoping for a bit of information rather than just historic information that is not really all that surprising? Where in the development of the 2nd 2ndgen are we? I see 200k of NRE in the budget. Is that for tape-out for the new ones or for the old 2nd-gen?

why were you expecting that information?
sr. member
Activity: 298
Merit: 250
These statements need a lot more work to be useful.

Stating accounts in 3 different currencies and not cross-translating, means there's no single overall picture. Not hard to do the maths, it really should be presented that way.

The income and expenses statement - what period does this cover? (1 day, 1 week, 1 month) and what are the historic comparables?

What is really needed is a simple balance sheet, with all of it translated into BTC and a proper income and expense time series, perhaps showing weeks, months or quarters. Showing this graphically would make it really easy to see.

None of this is difficult, but given the long-awaited release this is not great quality information. Where is the professional accountant or the PR person - both seem absent to me......
hero member
Activity: 560
Merit: 500
I think it's over the last quarter or since the last statement. Havelock shows the last 15 dividends (~4 months) equal to .2049.

We'll need further clarification on this. It states mining income of 33k BTC on income link but I've been monitoring the mining wallet address and from the beginning of July to the end of August shows a mining income of 65.7k BTC.
newbie
Activity: 26
Merit: 8
My takehome message from this is asicminer's income was 2 orders of magnitude higher than expense this quarter. (And they get really cheap electricity.)
member
Activity: 68
Merit: 10
Hi Friedcat,

I was also hoping for a bit of information rather than just historic information that is not really all that surprising? Where in the development of the 2nd 2ndgen are we? I see 200k of NRE in the budget. Is that for tape-out for the new ones or for the old 2nd-gen?

I think it's over the last quarter or since the last statement. Havelock shows the last 15 dividends (~4 months) equal to .2049.
member
Activity: 84
Merit: 10
Hi Friedcat,

I was also hoping for a bit of information rather than just historic information that is not really all that surprising? Where in the development of the 2nd 2ndgen are we? I see 200k of NRE in the budget. Is that for tape-out for the new ones or for the old 2nd-gen?
hero member
Activity: 560
Merit: 500

Friedcat,

If possible, could you clarify the "net income per share" in the 'Income' document? Is that to come? Previous payments? I've kept track of every dividend payment and we've reached 0.59/share. Are the expenses deducted from the net income columns? Thanks again for compiling all this.
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