Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It

AM's revenue stream:

- chip selling
- miner selling
- 80/20 franchising
- 15-20% self mining

Imho, it seems quite a nice and even range of revenue streams, which should temperate future hassles.

+ ethics: AM does not go with pre-order (i'd bet AM is still sitting on a huge amount of cash because of gen1)
+ community: FC's decision to open source and create a massive community around AM
+ innovation: Top notch innovation with highly valuable Immersion cooled systems partners (Data tank).

I don't think AM is sitting around on a huge amount of cash seeing as Chip sales have gone to buying more chips.

well there is already those 50 000 BTC.

Quote from: freedomno1 on August 05, 2014, 07:33:52 AM

Anyways AM/Bitfountain has cash they are still sitting on Nearly 50,000 Bitcoins I presume the remainder is the capital they converted for business operations and the sort.

https://blockchain.info/address/1Lu6j7umY8qVqvZzdojDBhHBAAyfcDUfGE 0 BTC (94415 Shares)
https://blockchain.info/address/15h6A2a3D31vRviBDdSpvhLtYJq3aePhdW 36,636.85533247 BTC (94415 Shares)
https://blockchain.info/address/1BnkEt2ceoVhnQVrqeAzigcroQ6MVyxFey 10,428.67775014 BTC (47208 Shares)

Total Bitcoins = 47065.53283387 BTC = 236,038 Shares

2/3 Bitcoin addresses kept most of the balance in their address the other 1 moved it around but not sure what the other addresses go to so that's as far as that analysis goes.

But I agree they had to spend most for ops. But remember that, not like Bitfury, AM did not conclude any VC A or B round for financing (which is by the way a good news for us investors not being diluted).

If that is their share/div address then that is not AM money, that is Bitfountain's personal money. Then they would have no obligation to use any of that money for AM right?