Quote
surely they will be much better than all available similar products in the market now.
and I think that includes the invisible ones as well, this is for all BFL shills.
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 990. (Read 3917568 times)
and I think that includes the invisible ones as well, this is for all BFL shills.
Quote
Friedcat,
A team of us shareholders has taken the time to collect and simplify the most popular questions people have for you and ASICMINER. I am sending these questions to you at Jutarul's suggestion, and on behalf of all ASICMINER shareholders that took our poll.
I am only going to send 3 questions to you, in order to keep things simple, and to hopefully maintain this line of communication in the future. We understand that you might not be able to fully answer some things due to competition, but any amount of info will be plenty for us!
If you can take the time to answer, feel free to post your answers in your main ASICMINER thread, or respond to me directly and I will copy your answers verbatim.
Thank you so much for your consideration, here are the questions:
1. Can you tell us more about the next generation of ASIC chips? When should we expect them, and what specs might they achieve?
2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?
3. What contingency plan do you have in place if Friedcat or other important employees become seriously ill or otherwise unavailable as a resource to ASICMINER?
A team of us shareholders has taken the time to collect and simplify the most popular questions people have for you and ASICMINER. I am sending these questions to you at Jutarul's suggestion, and on behalf of all ASICMINER shareholders that took our poll.
I am only going to send 3 questions to you, in order to keep things simple, and to hopefully maintain this line of communication in the future. We understand that you might not be able to fully answer some things due to competition, but any amount of info will be plenty for us!
If you can take the time to answer, feel free to post your answers in your main ASICMINER thread, or respond to me directly and I will copy your answers verbatim.
Thank you so much for your consideration, here are the questions:
1. Can you tell us more about the next generation of ASIC chips? When should we expect them, and what specs might they achieve?
2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?
3. What contingency plan do you have in place if Friedcat or other important employees become seriously ill or otherwise unavailable as a resource to ASICMINER?
OFFICIAL RESPONSE FROM FRIEDCAT
Hi ThickAsThieves,
1. They will arrive at October as their earliest. The specs are unknown (only simulation results at this moment), but surely they will be much better than all available similar products in the market now.
2. Cryptocurrencies or mining of virtual currencies are OK. Exchanging them for fiat is less OK but the legal risk is mostly on the exchange operators' side. However as everyone knows, the policy in China is never predictable so there is indeed risks in the future. We have been considering and coping with this uncertainty from the day our chips passed the test and are on the start of building offshore company structures.
3. The access to company wallet is backed up and we back up shareholder information frequently. Also the division of work in Bitfountain is not yet so refined that there are no replaceable positions. We have already left our startup stage so it's become more organized, therefore backup employees are becoming more important and in our range of plan.
Best regards,
friedcat
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here is some pics of the first Single being boxed up and shipped out to one very lucky customer.
[...]
EDIT: Before any "Why only one?" posts start, these devices weren't fully burned in and some things are still being tested with BFGMiner for which they are using these devices.
considering "lucky" someone who had to wait 1 year for his order to be dispatched, and now getting a not fully-tested product, makes me lol.[...]
EDIT: Before any "Why only one?" posts start, these devices weren't fully burned in and some things are still being tested with BFGMiner for which they are using these devices.
Wait, I thought it's called "single" because there only be one
Quote
here is some pics of the first Single being boxed up and shipped out to one very lucky customer.
[...]
EDIT: Before any "Why only one?" posts start, these devices weren't fully burned in and some things are still being tested with BFGMiner for which they are using these devices.
considering "lucky" someone who had to wait 1 year for his order to be dispatched, and now getting a not fully-tested product, makes me lol.[...]
EDIT: Before any "Why only one?" posts start, these devices weren't fully burned in and some things are still being tested with BFGMiner for which they are using these devices.
Wait, I thought it's called "single" because there only be one
In the Bitcoin world, a time machine is so desirable.
I'm working on one.
IPO + preorder + 2 weeks.
Quote
here is some pics of the first Single being boxed up and shipped out to one very lucky customer.
[...]
EDIT: Before any "Why only one?" posts start, these devices weren't fully burned in and some things are still being tested with BFGMiner for which they are using these devices.
considering "lucky" someone who had to wait 1 year for his order to be dispatched, and now getting a not fully-tested product, makes me lol.[...]
EDIT: Before any "Why only one?" posts start, these devices weren't fully burned in and some things are still being tested with BFGMiner for which they are using these devices.
AM has gone from 29'sh to 37 THash in the last few hours.
lolwhat?
lolwhat?
That is what is translated to ASICMINER: "Bring it on, we WILL maintain the network percentage we want and WILL go up as we please!"
AM has gone from 29'sh to 37 THash in the last few hours.
lolwhat?
lolwhat?
Quote
Friedcat,
A team of us shareholders has taken the time to collect and simplify the most popular questions people have for you and ASICMINER. I am sending these questions to you at Jutarul's suggestion, and on behalf of all ASICMINER shareholders that took our poll.
I am only going to send 3 questions to you, in order to keep things simple, and to hopefully maintain this line of communication in the future. We understand that you might not be able to fully answer some things due to competition, but any amount of info will be plenty for us!
If you can take the time to answer, feel free to post your answers in your main ASICMINER thread, or respond to me directly and I will copy your answers verbatim.
Thank you so much for your consideration, here are the questions:
1. Can you tell us more about the next generation of ASIC chips? When should we expect them, and what specs might they achieve?
2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?
3. What contingency plan do you have in place if Friedcat or other important employees become seriously ill or otherwise unavailable as a resource to ASICMINER?
A team of us shareholders has taken the time to collect and simplify the most popular questions people have for you and ASICMINER. I am sending these questions to you at Jutarul's suggestion, and on behalf of all ASICMINER shareholders that took our poll.
I am only going to send 3 questions to you, in order to keep things simple, and to hopefully maintain this line of communication in the future. We understand that you might not be able to fully answer some things due to competition, but any amount of info will be plenty for us!
If you can take the time to answer, feel free to post your answers in your main ASICMINER thread, or respond to me directly and I will copy your answers verbatim.
Thank you so much for your consideration, here are the questions:
1. Can you tell us more about the next generation of ASIC chips? When should we expect them, and what specs might they achieve?
2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?
3. What contingency plan do you have in place if Friedcat or other important employees become seriously ill or otherwise unavailable as a resource to ASICMINER?
+1...Million!
I LOVE THE NEW CHART!!!!
http://runeks.dk/bitcoin/
I refresh this far too much... Every time I go LOOK THE BLUE LINE > RED line! Considering huge bumps in network speed... this is simply amazing.
http://runeks.dk/bitcoin/
I refresh this far too much... Every time I go LOOK THE BLUE LINE > RED line! Considering huge bumps in network speed... this is simply amazing.
Excellent charts runeks, nice and clear, easy to follow.
How do you create them? I'm quite interested since I have a few real time charts of my own I'd like to have public but I have no idea how. PM me? Cheers bud.
I LOVE THE NEW CHART!!!!
http://runeks.dk/bitcoin/
I refresh this far too much... Every time I go LOOK THE BLUE LINE > RED line! Considering huge bumps in network speed... this is simply amazing.
http://runeks.dk/bitcoin/
I refresh this far too much... Every time I go LOOK THE BLUE LINE > RED line! Considering huge bumps in network speed... this is simply amazing.
While I think you overestimate how slowly BFL will ship from here, I still believe AM won't have trouble staying a step ahead of them.
You are better informed than me so I bow to your superior knowledge, but I based it on the fact that BFL have continually been surprised by issues throughout. I don't think they can project anything very well beyond a few days. If they are saying now 2 months to clear the backlog I don't think a time loading of 100% is unreasonable, especially as the single is the most complex product they've tried to ship. Plus I see a lot of what they say in public as PR spin to keep existing punters happy and encourage new ones (not outright lies, just unguarded optimism).
But I do agree that even if BFL *do* hit their targets AM will cope.
Does anyone have an estimate as to how large (th/s) their backlog is?
more then 300Th is the low estimate more then 800th is the hi.
http://bfl.ptz.ro/
this site is most likely low estimate.
Total SC Jalapeno ----------Total Qty Little Single--------- Total Qty SC Single---------- Total Mini Rig------------ Total
2812------------------------- 998------------------------------ 2072 ---------------------144----------------------- 6026
12,654 GH/s---------- 29,940 GH/s-------------------- 124,320 GH/s------------- 216,000 GH/s-------- 382,914 GH/s
$418,988----------- $647,702------------------------ $2,691,528---------------- $4,305,456 ---------------$8,063,674
This tables only show information that is gatherd in our database NOT all the orders from BFL -
So double it you are at 750Th/s they have shipped very little of above. frankly I think that they have not the ability to do what is above no less double it. but if they can deliver that AM will take a hit in fact I think most of bit coin would suffer.
From same thread
Bitcoin Time-Difficulty-Hashrate Prediction(with kncminer)
https://docs.google.com/spreadsheet/ccc?key=0AjEbQ5LBKsAEdDYtajZTMi1Ua0ZkUXR0X0NKSnVaSXc#gid=0
Not sure if this was PM'ed or not so keeps on this page
Quote
Friedcat,
A team of us shareholders has taken the time to collect and simplify the most popular questions people have for you and ASICMINER. I am sending these questions to you at Jutarul's suggestion, and on behalf of all ASICMINER shareholders that took our poll.
I am only going to send 3 questions to you, in order to keep things simple, and to hopefully maintain this line of communication in the future. We understand that you might not be able to fully answer some things due to competition, but any amount of info will be plenty for us!
If you can take the time to answer, feel free to post your answers in your main ASICMINER thread, or respond to me directly and I will copy your answers verbatim.
Thank you so much for your consideration, here are the questions:
1. Can you tell us more about the next generation of ASIC chips? When should we expect them, and what specs might they achieve?
2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?
3. What contingency plan do you have in place if Friedcat or other important employees become seriously ill or otherwise unavailable as a resource to ASICMINER?
A team of us shareholders has taken the time to collect and simplify the most popular questions people have for you and ASICMINER. I am sending these questions to you at Jutarul's suggestion, and on behalf of all ASICMINER shareholders that took our poll.
I am only going to send 3 questions to you, in order to keep things simple, and to hopefully maintain this line of communication in the future. We understand that you might not be able to fully answer some things due to competition, but any amount of info will be plenty for us!
If you can take the time to answer, feel free to post your answers in your main ASICMINER thread, or respond to me directly and I will copy your answers verbatim.
Thank you so much for your consideration, here are the questions:
1. Can you tell us more about the next generation of ASIC chips? When should we expect them, and what specs might they achieve?
2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?
3. What contingency plan do you have in place if Friedcat or other important employees become seriously ill or otherwise unavailable as a resource to ASICMINER?
Don't want to be the first post after Friedcats reply but
WOOT to post below
While I think you overestimate how slowly BFL will ship from here, I still believe AM won't have trouble staying a step ahead of them.
You are better informed than me so I bow to your superior knowledge, but I based it on the fact that BFL have continually been surprised by issues throughout. I don't think they can project anything very well beyond a few days. If they are saying now 2 months to clear the backlog I don't think a time loading of 100% is unreasonable, especially as the single is the most complex product they've tried to ship. Plus I see a lot of what they say in public as PR spin to keep existing punters happy and encourage new ones (not outright lies, just unguarded optimism).
But I do agree that even if BFL *do* hit their targets AM will cope.
Does anyone have an estimate as to how large (th/s) their backlog is?
more then 300Th is the low estimate more then 800th is the hi.
http://bfl.ptz.ro/
this site is most likely low estimate.
Total SC Jalapeno ----------Total Qty Little Single--------- Total Qty SC Single---------- Total Mini Rig------------ Total
2812------------------------- 998------------------------------ 2072 ---------------------144----------------------- 6026
12,654 GH/s---------- 29,940 GH/s-------------------- 124,320 GH/s------------- 216,000 GH/s-------- 382,914 GH/s
$418,988----------- $647,702------------------------ $2,691,528---------------- $4,305,456 ---------------$8,063,674
This tables only show information that is gatherd in our database NOT all the orders from BFL -
So double it you are at 750Th/s they have shipped very little of above. frankly I think that they have not the ability to do what is above no less double it. but if they can deliver that AM will take a hit in fact I think most of bit coin would suffer.
To the ones who wonders if the last three-four posts were relevant to the OP, Yes they are a part of the weekly euphoria caused by the divs on Wednesdays.
Yes we have yet to come up with a definition for this weekly madness
Shares on Bitfunder are crawling up now that that wall is gone... could go as high as 2.6 -> 2.8 once the PT dividends are thrown out there!
http://www.asicminercharts.com/live/
Looks like AM has been busier than usual... we're up 3% (was 19% early yesterday)
Looks like AM has been busier than usual... we're up 3% (was 19% early yesterday)
To the ones who wonders if the last three-four posts were relevant to the OP, Yes they are a part of the weekly euphoria caused by the divs on Wednesdays.
In the Bitcoin world, a time machine is so desirable.
I'm working on one.
Did you solve the quantum frame entanglement problem yet?
Jutarul's auction is over(ish). People start to realize the momentum of ASICMINER.
Well we have to thank Juratul as well for building up a strong support base along multiple investors
Will be more difficult to see wild drops now hopefully (Need that time machine yesterday XD)
From here on out we can see real growth and likely stability instead of spikes for a while
In the Bitcoin world, a time machine is so desirable.
I'm working on one.
You can re-post from the future and solve my question XD
In the Bitcoin world, a time machine is so desirable.
I'm working on one.
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