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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 641. (Read 3917635 times)

sr. member
Activity: 392
Merit: 250
member
Activity: 109
Merit: 10
The interviewer is one of our members in the Chinese community. She is not one of AM's board members but she does hold some AM shares. She has been planning to have an interview with Friedcat and finally she made it. We the Chinese Bitcoiners have known her for a long time and she's built her credibility with her interviewing more than 15 people in this community.
I post this video and translation in this thread, assuming that since she already post it on Weibo, a twitter-like service in China, that should become some public information and Friedcat's consent must have been gained to release it.
I can confirm this.

Very interesting.  If this is fake, then its the most elaborate pumping scheme I have ever seen in the 10 years I have been investing

doesnt seem very elaborate, just a chinese girl speaking to a video camera and a couple people who would really like the share price to come back, sell walls in place, hmm idk ill wait it out. if its true there will be plenty of room to get back in
legendary
Activity: 1106
Merit: 1026
full member
Activity: 167
Merit: 100
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

1000P ? As in Petahash?  By February? That sounds like more than a stretch. Even if the hardware costs nothing, electricity consumption of a 1000PH network would be close to its mining revenue for anything but the cheapest electricity. We may get there one day, but not in February. If Friedcat really think he can get several 100PH online by then, well, I wanna buy some shares. Find this hard to believe though.

For your information, some people in China have access to lower or even zero electricity cost...
sr. member
Activity: 392
Merit: 250
The interviewer is one of our members in the Chinese community. She is not one of AM's board members but she does hold some AM shares. She has been planning to have an interview with Friedcat and finally she made it. We the Chinese Bitcoiners have known her for a long time and she's built her credibility with her interviewing more than 15 people in this community.
I post this video and translation in this thread, assuming that since she already post it on Weibo, a twitter-like service in China, that should become some public information and Friedcat's consent must have been gained to release it.
I can confirm this.

Very interesting.  If this is fake, then its the most elaborate pumping scheme I have ever seen in the 10 years I have been investing
legendary
Activity: 1008
Merit: 1000
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

1000P ? As in Petahash?  By February? That sounds like more than a stretch. Even if the hardware costs nothing, electricity consumption of a 1000PH network would be close to its mining revenue for anything but the cheapest electricity. We may get there one day, but not in February. If Friedcat really think he can get several 100PH online by then, well, I wanna buy some shares. Find this hard to believe though.

1000 PH sounds quite reasonable actually. The break-even point for BTC at $100 USD for the highest efficiency ASICs today (the 28nm tech) is ~200 PH/s (https://bitcointalksearch.org/topic/break-even-difficulty-by-hardware-efficiency-power-cost-value-of-btc-281279)

if bitcoins are $500 by then, that takes us to a break-even of 1000 PH... and this doesn't take into account more efficient chips or higher bitcoin prices (or over-invested miners or people powered on wind farms, etc.)
member
Activity: 109
Merit: 10
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

1000P ? As in Petahash?  By February? That sounds like more than a stretch. Even if the hardware costs nothing, electricity consumption of a 1000PH network would be close to its mining revenue for anything but the cheapest electricity. We may get there one day, but not in February. If Friedcat really think he can get several 100PH online by then, well, I wanna buy some shares. Find this hard to believe though.

agreed, not too sure about this yet
full member
Activity: 224
Merit: 100
The interviewer is one of our members in the Chinese community. She is not one of AM's board members but she does hold some AM shares. She has been planning to have an interview with Friedcat and finally she made it. We the Chinese Bitcoiners have known her for a long time and she's built her credibility with her interviewing more than 15 people in this community.
I post this video and translation in this thread, assuming that since she already post it on Weibo, a twitter-like service in China, that should become some public information and Friedcat's consent must have been gained to release it.
I can confirm this.
hero member
Activity: 630
Merit: 500
Surprised volume and price aren't picking up (or didn't between that meeting and now). Skeptical this is official
signed up on havelock just in time...  25% profit already!
legendary
Activity: 980
Merit: 1040
3. 3rd Gen chips were also under development during that period. It is already developed now but still under test. It is expected to become a mature product in Feb 2014, which means its key indicators would be much better than those of its competitors. It is estimated that the network hashing power would be 1000p then, while Friedcat would deliver several hundred of it.

1000P ? As in Petahash?  By February? That sounds like more than a stretch. Even if the hardware costs nothing, electricity consumption of a 1000PH network would be close to its mining revenue for anything but the cheapest electricity. We may get there one day, but not in February. If Friedcat really think he can get several 100PH online by then, well, I wanna buy some shares. Find this hard to believe though.
member
Activity: 109
Merit: 10
I'm skeptical until I see real proof, why wouldn't friedcat post of the thread with this info? :/
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.

┗(°0°)┛

TO THE M...nevermind
legendary
Activity: 980
Merit: 1040
Looks like the assembly is done right next to the "datacenter" which isnt sealed and I see no sign of AC. The word "sweat shop" comes to mind





 (literally, gotta be HOT there!)

And yeah, it doesnt look for profi, but hey, the lack of fancy floors and walls and biometric access and conditioned purified air .. it all saves money!
hero member
Activity: 617
Merit: 559
If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.

0.7 BTC on Havelock and climbing (for AM1). I would consider getting back in soon unless you feel that not only is the interview conducted completely false, but also that Friedcat would lead BitFountain down a path of despair and failure. Make your bets now.
sr. member
Activity: 392
Merit: 250
If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.

This will teach you for depreciating my shares by selling yours  Grin
hero member
Activity: 617
Merit: 559
Well, I was hoping this would have lasted until at least the weekend however.... looks like the FriedCat is out of the bag now. Let the panic buying commence.
legendary
Activity: 2198
Merit: 1019
Buzz App - Spin wheel, farm rewards
If the share price spikes the day after I sell it all after holding for months, I'm gonna..I'm gonna....  I'm not sure what I'll do. Guess I'll cry or laugh or some sort of combination.
full member
Activity: 121
Merit: 100
1000T是已出售算力总共加起来,应该10月7日600T-800T吧,只是一个简单的采访,没什么大惊小怪的。

烤猫是实干型,直接跳到三代。所以说烤猫技术跟不上的,可以SHUT UP! Grin
10月7日 or 11月7日?
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Shouldn't Friedcat be the one to release this info first?  It doesn't seem fair that he would tell this girl first, unless they were banging or something

+1, we're also shareholders &  Grin THANK YOU! Grin  Grin  Grin

No comment
Ok one server room girl
(Sorry couldn't help it XD)
sr. member
Activity: 378
Merit: 250
Shouldn't Friedcat be the one to release this info first?  It doesn't seem fair that he would tell this girl first, unless they were banging or something

+1, we're also shareholders &  Grin THANK YOU! Grin  Grin  Grin
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