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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 991. (Read 3917058 times)

sr. member
Activity: 305
Merit: 250
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!
legendary
Activity: 994
Merit: 1000
http://www.asicminercharts.com/live/

Looks like AM has been busier than usual... we're up 3% (was 19% early yesterday)
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
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.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
In the Bitcoin world, a time machine is so desirable.

I'm working on one. 

Did you solve the quantum frame entanglement problem yet?
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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
legendary
Activity: 1190
Merit: 1000
www.bitcointrading.com
In the Bitcoin world, a time machine is so desirable.

I'm working on one. 
full member
Activity: 173
Merit: 100
In the Bitcoin world, a time machine is so desirable.
full member
Activity: 173
Merit: 100
Jutarul's auction is over(ish). People start to realize the momentum of ASICMINER.
full member
Activity: 294
Merit: 100
i vaguely remember on their "details" tab on btct.co that if friedcat ever gets... fried, there are specific instructions for his friend to access his wallets and distribute the necessary funds to shareholders
I believe Burnside details what to do if something happens to him, not Friedcat.
full member
Activity: 196
Merit: 100
i vaguely remember on their "details" tab on btct.co that if friedcat ever gets... fried, there are specific instructions for his friend to access his wallets and distribute the necessary funds to shareholders
full member
Activity: 294
Merit: 100
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?

Awesome -- thanks for passing the info along!
hero member
Activity: 518
Merit: 500
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?
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
full member
Activity: 207
Merit: 100
On a bullish note
Second note wall has officially past the halfway point in available to paid shares
https://bitcointalk.org/index.php?topic=213729.60
755 shares available.
765 shares paid
480 shares in reservation/escrow + 121 From thread (Not including PM's)



ON A VERY BULLISH NOTE

https://bitcointalk.org/index.php?topic=213729.60
The wall has been breached! TO DA MOON!
full member
Activity: 224
Merit: 100
You can't kill math.
full member
Activity: 294
Merit: 100
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?
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
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.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)

On a bullish note
Second note wall has officially past the halfway point in available to paid shares
https://bitcointalk.org/index.php?topic=213729.60
755 shares available.
765 shares paid
480 shares in reservation/escrow + 121 From thread (Not including PM's)



ON A VERY BULLISH NOTE

https://bitcointalk.org/index.php?topic=213729.60
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)

Quote
Invalid Thread specified...

Just me? If so, could someone quote it//message it to me?

Thanks

Seems to be back up:

https://forums.butterflylabs.com/announcements/3214-first-single-sc-60gh-s-has-left-building.html

Just in case it goes back down (I doubt it will though).

Quote
The very first Single SC 60gh/s unit was shipped out on Tues 06/11/2013 during the 5 o'clock hour. I know this because I happened to visit BFL HQ on the right day. This is a momentous occasion for Butterfly Labs and the Bitcoin community as a whole. I will be posting a full write-up of my visit in the next couple hours. This write-up will contain a lot of information, some of which is unknown to the general public and other information will clarify a lot that has been left to speculation. There were maybe 8 Singles that had been built and tested while I was there, most of which did not have any problems getting into the 60gh range, even with un-binned chips, so no one should worry about getting a device with less than their ordered hashrate. Without further ado, here is some pics of the first Single being boxed up and shipped out to one very lucky customer.



This device is not packaged as future devices will be packaged. Future Singles will be shipped encased in foam to provide a higher level of protection.



This first Single was laser etched with a unique serial number by Josh directly. I watched this process which was amazing. I've never seen something lasered in person. I was amazed by the speed as the engraving only took about a second.



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.

Questions:
 Originally Posted by thay  
Still being burning and testing with bfgminer? I guess we will not see them in the wild until the end of next week or the week after.
There is an aspect of BFGMiner being tested not the Singles.

Edit: Added copy of article.

A picture is worth a 1000 words and will last longer this time XD
http://postimg.org/image/v3558fswj/119ab87f/
There I took my dang screencap Smiley



Quick question guys..
just curious.. how much was this week's dividend / share.?

Anyone.?
0.03628311 BTC

Updated the FB feed Smiley
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