UPDATE #1: Conférence du 02/08/14: Présentation de Friedcat + annonce de leur propre gamme de miners basés sur leurs chips BE200 + objectif de re-conquérir 15-20% du hashrate global d'ici fin 2014 + discussions autour de la concurrence et de l'avènement de l'Ere du Exahash
The points of ASICMiner official Mine machine's launch conference
The launch conference's topical subject:Millions of Terabyte Hashrate Times
The opportunities and challenges of Bitcoin industry
ASICMiner invite some guests to participate in the launch conference. Here is a list of speakers.
1.The speaker, Gang Wu . The subject, The prospect of bitcoins wallet
2.The speaker, JinHai Luo. The subject, Multi signature applicate in the bitcoin industry
3.The speaker, LinKe Yang.The subject, Under the Millions of Terabyte Hashrate Times, BTCC(Bitcoin China) and bitcoin industry
4.The speaker, Friedcat. The subject, Millions of Terabyte Hashrate Times.
5.The speaker, ShiLiang Huang. The subject, Introduction ASICMiner sales team and the offical Mine machine situation.
6.Q&A
7.The speaker, Yuan Zhong. The subject, Find the middle forces under the Millions of Terabyte Hashrate Times.
7.The speaker, Chang Liu. The subject, Introduction The Bitcoiner venture fund.
8.The speaker, GuoPan Li. The subject, Bitcoin environmental analysis.
The points of Friedcat's subject.
1.How the miners make to profit under the hashrate growth conditions.
2.Introduce the chip AM BE200
3.Introduce the chip AM BE300
4.Introduce the chip AM BE(X)
5.Seek cooperation with others, include join in mining cooperation, trade hashrate
6.Hiring.
The points of Introduction ASICMiner sales team and the offical Mine machine situation.
1.The sales plan——Direct marketing (MOQ>10)and agency.
2.The sales policy——In stock, No presale, The first payment and then shipped.
3.How to become an agent——first, You apply, then we examine, third, siging the contract, last, cooperation.
4.The warranty principle——72 hours can change. 90 days' warrenty. 180 days' original cost of repair. Big orders provide hashrate redundancy.
5.Online marketing——official website, Weibo, Twitter, official's Bitcointalk post.
6.The model mine farm——in ShenZhen JiangSu and BeiJing.
7.Starting price——RMB3XXX, hashrate>1T.
8. Upcoming.
For those of you who do not frequent the main ASIC MINER thread, I will post a small update from the salon (conference) that was recently held by ASIC MINER where Fried Cat revealed his identity to the public for the first time:
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So to summarize what has been discussed so far from the conference:
- ASIC MINER has a 1T Miner that will be available for sale at some point next week
- The goal for the second half of 2014 is to achieve 15-20% of the Bitcoin network
- The company hopes to resume dividends in the month of August
- Self-mining operation will include BE200 and BE300 series
- In terms of competition, the company is aiming to squeeze many of them into the negative profit territory
- A focus on information dissemination from the sales team going forward (better public relations)
** This could be subject to change or interpretation as more information from the conference flows in. Assuming the majority of the above is accurate I would say this salon was a success for the company and it's shareholders. I would like to hear more about the future of Gen4 that was discussed regarding the age of Exahash. Seems there is a lot of good news for current shareholders (Gen3) in here.
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Summary of speechTranslated from
http://www.weibo.com/p/1005053057597202/And here's Mr. Friedcat!
He's very soft-spoken.
One mention of a "BE300."
"Our goal is to ensure losses for all the other mining manufacturers."
Slide image: summary of franchising program
> Collateral will be AM shares or BTC
> AM will provide the unit
> Franchisee provides the computer, power supply, hosting
> 80/20% split of profits
"Our PR team is committed to improving communications with shareholders and being more transparent."
Price is 3xxxx (?), speed will be >1 TH/s, my god // Note: this doesn't seem right to me and I don't know what he meant, but think he meant to say 3xxx CNY (~500 ish USD) for >1 TH/s.
"The conservative deadline for the public release of BE300 is EoY. It might even be earlier."
"The goal is to achieve an annual average of 15-20% of the hashpower of the network."
Some invoices, haha
Shy, modest, genuine, hard-working, intelligent. Needs to work out more and eat better. Desperately needs a mama cat. That's friedcat.
More translations coming from http://weibo.cn/u/5195261989?page=3&wm= August 2 - At 1pm, ASICMINER is holding the "Exahash Power Era" salon ...
Pic of drinks at the Exahash salon
"Bitcoin mining is way more competitive than the Bitcoin exchange industry"
Friedcat's debut speech: "How can a miner profit in the Exahash era?"
Friedcat describes the open source program (boring slide)
- the BE200 open source program
- for amateur miners, easy configuration and lower radiation (?)
- for professional miners: high reliability; expect a flat price curve
- for miners with better power costs: huge returns
- for miners with lower power costs: we improve your chances of making a decent return
BE300 mentioned by friedcat
Friedcat describes the ASICMINER business model
What we do: Bitcoin mining hardware, R&D, production, marketing, providing open source solutions to the community
What we will never do: scrypt miners, giving insider information out, selling anything in development, tricking people about pricing (not sure about this translation)
ASICMINER is hiring!
Guest speaker, appears to be ASICMINER sales guy, says some stuff about sales (I'm omitting it, it doesn't seem very interesting), in which he mentions that the minimum direct order from ASICMINER is 10 machines.
ASICMINER's latest machine will be in the 3000-4000 RMB range, with 1 TH/s per unit. ASICMINER invites figures in the mining industry to see prototypes of these units for themselves in Beijing, Tianjin, the PRD (HK), and the YRD (Shanghai)
Mr Friedcat: