Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 911. (Read 3917543 times)

"Lots of people" is not enough. If you spend money building a website, you want all the world to see it, not "lots of people". Its $10 a year for a domain everyone in the world can access, or you get a ".bit" site. Like I say, people have launched "domain roots" before outside ICANN, they have tried and tried, spent lots of money, and in the end, all gave up. Its a failed concept.

This isn't silk road. We aren't promoting drugs or trying to hide what we we are doing. we are trying to promote the brilliance of friendlycat and his crew. Why settle for anything less than 100% exposure? Its a no brainer.

They're going for a premium on eBay. I think that it's for novelty purposes, profit and just to learn about mining. I bought a bunch, plan on selling most and keeping 1 just for kicks.

Technology of today would be alien 12 years ago. Tech doesn't advance 12 years overnight, as long as it takes more than 2 weeks or so diff will adjust.

I remember when I had to apply a patch to get 128 bits encryption in Internet Explorer because officially only 56 bits encryption was allowed for "potential enemy aliens" (ie: everyone outside the USA). Lots of people used that patch to get secure encryption.

Lots of people download Flash and Java as well. And Adblock Plus to hide ads. If there are .bit sites that are worth visiting lots of people will download the required plugin for their browser.

By the way,the ANN of new blade will be in early  July,before 10th,maybe.

Given this news plus the excellent dividend 99% guaranteed for this week, I think we'll be through 4btc before dividend day

800-1000TH, quite a target, but Friedcat never fails to deliver, just bought 10 more shares.

Annnnndddd we are off!  https://btct.co/security/ASICMINER-PT

Price broke through 3.5  Still 40 <3.5 shares on Bitfunder, and TAT also has some below 3.5 but not for long!

I'm going to take a nap, lets hope for 4 per share when I wake up!

As the presentation says,it means December 2013.

Sorry,but I don't have the detail.
There was a meeting in Shanghai,China this afternoon.I mean,local time.
We all hope Rockxie will release the price of the new blade,but that's we got.
And that's the source,half official.

Anyway,thanks for the tip.

9 out of 10 times this year obviously means before the end of the year.

I have no idea... but I doubt we will deploy that much.  Previously Asicminer went under the deployment targets... not because we did not have the blades, but because the competition never really... competed.  Deploying too much too soon just makes it harder for us in the long run.  The goal always was 10% of the network, and it has been the norm now for a while to be FAR above that.

I imagine this will mean more hardware sales, which I love, because that is profit NOW instead of having to wait for months of mining.

Also, hidden tor services aren't accessible by everyone.  You need special software to access them.  Yet somehow Silk Road is doing rather well...

Pretty sure it's December 2013. This number makes perfect sense for December, while 12 months from now is too far for projections.
My 0.02BTC.

Question: When Friedcat says 800-1000 T this year, does he mean by December 2013? Or does he mean in the next 12 months?

Is this information in the presentation? How do you know the new blade will be half price?  Mini blade? details?.  Sent you a tip for confirming the translation/providing valuable information... keep it up!

One more thing as I know,the new blade will be half price.Not exactly,but pretty much.
Also,we will have a mini one.

Updated version with minor grammatical corrections:
    for future -> for the future
    to deployment fast -> to deploy fast
    more possible to achieve -> more easily to achieve
    much hope -> too much hope

Thank you for your tips, aahzmundus and ArcticWolf:)
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3.4BTC * 400,000 = 1360,000BTC
> 0.136 billion USD

Q: How much hashing power does Bitfountain plan to deploy within this year?
Friedcat: 800-1000T within this year.

Q: What are the specs of the second batch? When will the mass production begin?
Friedcat: The exact numbers will only be known when the chips are out of fab, currently we only have simulated results. Mass production will be in October the earliest.

Q: What would be the physical address of the offshore company be to registered?
Friedcat: It will be on an island where financial freedom is more easily to achieve.

Q: Do you have plans for the future other than mining and selling mining hardware?
Friedcat: ASICMINER's business is confined within mining and selling mining hardware. We might do some    
periphery work, but that won't be too distant.

Q: What kind of investors or business partners are you keeping in touch with?
Friedcat: We currently don't accept external funds, so there is no private investors. The partners we keep in touch with are mostly tech related.

Q: After the batch shipping from Avalon and BFL, how would the manufacturers in Shenzhen compete with them?
Friedcat: Our advantage to manufacture chips at the cost price is invincible.

Q: Are you hiring? What kind of people do you need?
Friedcat: We need people specialized in analog electronics, but we don't put too much hope in finding this kind of people within China.

Q: Any plans or strategies that are suitable for the public to know?
Friedcat: We will be focusing more on the area that we have the most advantage in. It depends on whether we have more advantage in chip design or the ability to deploy fast.

Q: Why the hashing power of AM is not stable?
Friedcat: The variance of solo mining itself is relatively huge. And the whole network is being DDOS'ed lately, the 0.8.3 version of the software has fixed some bugs so as to prevent DDOS.

Well to be technical the release is credited to rockxie but the post was from FriedFish
Hence the 99.999%
Waits on the 0.001 to celebrate but I'm leaning to confirmed at this time

Really interesting news about island.
Waiting for huge hashrate drop due to transport blades by ship, or maybe farm will be working on the ship?

Island with solar panels, ocean wave energy, wind energy and huge asic farm will be amazing.

Every share now is worth a lot more, please sell.