Topic: ASICMINER Speculation Thread - page 7. (Read 808847 times)

Insider trading happens on stock markets all the time. What do you call when people in a company buy their own stock. There is a legal and illegal way to insider trade.

See http://www.sec.gov/answers/insider.html

That's what regulation means.

The legal version is when corporate insiders—officers, directors, and employees—buy and sell stock in their own companies. When corporate insiders trade in their own securities, they must report their trades to the SEC. For more information about this type of insider trading and the reports insiders must file, please read "Forms 3, 4, 5" in our Fast Answers databank.

Right, because insider trading never happens on the regulated stock markets!   

Till now we received enough returned Prismas to get a statistical conclusion.
We decide that the old Prisma design has some flaws in both firmware and hardware.
Therefore manually fixing them and shipping them back take too long and are
not good for both our customers and us.

So the customers can choose one in the two offerings below:

1. We buy back the Prismas at the original price the customers pay.
The customers only need to ship the controller and the hashing boards back.
The fans and heatsinks are not needed. Customers who already shipped them back
can also switch to this option.

2. We use revised version of Prismas based on our new power management chips
to replace old ones, instead of returning old designs or replacing. This version is very
stable and has no problem of hashrate loss/overheat/can't identify boards/etc.
The compensation method for mining time loss is the same as before.

We cover shipping fee of both, if you can provide the shipping label.

We are very sorry for all the problems brought with the old version Prisma. The revised Prisma with our
own power management chips is much more stable. So if you are still able to put some trust on it and
accept the waiting of compensation (it accumulates with each delayed date anyway), you can choose
the second.

Please email us to [email protected] with the following information and format:

* Personal info,shipping address,tel number
* Date of buying our Prisma
* Your previous individual/exclusive btc payment address
* Number of broken Prsima boards (have to be fit well with the number you shipped back)
* Date you received your miners,date of shipping back
* The picture of the shipping label with the shipping price on it
* Your btc receivable address. it will be best to be the one you paid to us before. If the btc
receiving address is different, please sign the message with your address used for payment if you could.

For customers who already shipped back, please mail to us again ([email protected]) about the choice
you want to take.

Phasebird will reply afterwards with the new shipping address within US and EU. It
allows quicker turn-around time.

For retail customers/customers get from secondary market:

This time please direct contact us instead of resellers.
The buy-back price for you is 1.39 btc each(0.3475 btc per board), and 0.069 btc per controller.

Anyone want to take a stab at outlining a "best case" scenario (for shareholders) assuming that AM is first to market with a chip that is (for arguments sake) 50% more energy efficient than anything else out there. I have a hard time determining how realistic it is to build a 100 PH farm these days. One year ago building a 1 PH farm sounded impossible, and so while building a 100 PH farm (by one entity like ASICMINER) sounds impossible to me now... maybe it's easier than I think?

That is not necessarily true. We knew the news was coming, and we knew that friedcat's posting while shares have been trading at this level has always resulted in a price ramp, even if a short lived one. The downside risk of what FC might say, compared with where the price was already at relative to speculative valuations of AM made for an attractive gambit, even with no insider knowledge. If there was a significant number of shares to be snapped up below .15, doing so might not be a terrible plan, and actually generates the rumor that there is insider knowledge, or the expectation of good things coming to boost momentum in your favor to dump part or all of those shares for a profit while averaging down on your other holdings.

It could have just been a well calculated risk.

to close to the news to not be insider trading

So the jump in share price just before fried cat made the new announcement was just insider trading?

Seems to be. Yay unregulated stock markets!

So the jump in share price just before fried cat made the new announcement was just insider trading?

We are glad to announce ASICMiner's 4th generation chip. From the physical testing data
of our verification sample, BE300S, the silicon results matches the simulation results faithfully,
and even outperforms our simulation in some cases. BE300S achieved the lowest energy
consumption per gigahash in existing market, getting the joule/gh ratio down below 0.2.

Furthermore, our string-based power solution eliminates almost all power losses and almost
all electric components on the board. Therefore on-wall power consumption would be very close
to (on-chip power/PSU efficiency), and the overall system cost is squeezed to its minimum.

Name: BE300S (Sample)

Technology: TSMC 28nm HPC

Package: FCLGA 5mm x 5mm

On chip efficiency (first board):
    3.0GH/s | 0.1872W/G
    4.8GH/s | 0.2275W/G
    5.2GH/s | 0.2469W/G

On board efficiency (average of 4 boards):
    2.8GH/s | 0.1961W/G
    3.2GH/s | 0.2026W/G
    3.6GH/s | 0.2095W/G
    4.0GH/s | 0.2145W/G
    4.8GH/s | 0.2204W/G
    5.2GH/s | 0.2257W/G
    5.6GH/s | 0.2314W/G
    6.4GH/s | 0.2363W/G
    6.8GH/s | 0.2439W/G
    7.2GH/s | 0.2495W/G

We are still testing more voltage-frequency combinations, as well as more chips.
But the test results are stable and solid so far.

After the thorough testing of single chip boards, we are going to test boards with chained chips.

Single chip board picture:


Testing going on:


More data and pictures are to be updated.

If you wonder where your divs are going, it is to owners of AMHASH.

under IPO again, didn't take long

Well either way that 5PH is hashing right?

AM is the owner of AMHash...

If you wonder where your divs are going, it is to owners of AMHASH.