Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
Vycid
on 08/09/2013, 06:52:48 UTC
Are you aware of some of the security issues the avalon team experienced?

You mean when someone visited Yifu's parents' house trying to get into contact with him?

Oh dear, I hope nobody has visited Friedcat's parents. It might derail the whole project.

Let me elaborate on my understanding of what happened - a buyer in China was seeking to get a contract on paper with the Avalon team. The Avalon team was not communicating, and the buyer, frustrated, went to Yifu's parents seeking a way to get in contact with him (this was over the line, I agree, but not necessarily malicious).

Yifu cites this as the reason they their chips are months late. I suspect these things have little or nothing to do with each other.

I am glad he takes his security seriously, but it is an excuse and nothing more. I wish he would assume responsibility.

Anyway, when people become less communicative in Bitcoin-land I consider it a warning sign. No guarantee, but I've seen it before. Friedcat was always happy to share his news before.

He also wasn't mining quite as much bitcoin then.

http://www.youtube.com/watch?v=uPVttJZfKWk   0:40




FC wasn't mining as much earlier this year, you mean?

He still finds time to make posts, they just avoid important topics and are not very useful to shareholders.

This bears repeating, just in terms of how terse it is.

Update
There hasn't been a huge hardware dividend payoff: is it because of reduced margins, or delays?
Because we are collecting funds to get ready for the exponentially increased devices to be assembled in September and October.