Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
jjdub7
on 23/10/2014, 05:51:40 UTC
New review on the Prisma:

https://www.cryptocoinsnews.com/review-asicminer-returns-prisma-1-4-ths-bitcoin-miner/

Concerned about this from the article.
"The BE200 has not been updated officially yet to have failover pools, and the stratum bug is still there from the Tube and the T1 that also shipped with this controller."
I thought friedcat said that these stratum issues were resolved about a month ago. There seems to be a few questions from the hardware threads that are going unanswered and friedcat hasn't even logged in to bitcointalk for over two weeks.

It's frustrating looking through his post history and seeing how many times he mentions improving PR and yet it just seems to be getting worse.

Do you realize what lengths the AM team is probably having to go through right now to exchange currencies and keep operations running?  The fiat accounts are all in Hong Kong IIRC, and things over in that geopolitical sphere aren't exactly going smoothly right now...

And also, I've posted these damn addresses so many times now that I can't understand how the stock still trades at levels below below AM's on-hand cash per share:

https://blockchain.info/address/3KBUuGko4H5ke7EVsq9B7PLK1c5Askdd7y
https://blockchain.info/address/3MkwFfGNQDve7vz1z6gUDVxkuQpcSV3Mz8

The books show at least 44,846 BTC (~0.1121 BTC/share) in cash from these two accounts alone.  And before anyone goes off about how these addresses are actually from an exchange, I'd implore that you run a count (frequency) on the addresses of transactions to/from the 3Mkw address specifically over the past 3 months since mining and sales began again.

In addition to the cash value, there's also stocked inventory, what probably amounts to an unholy sum of fiat in RMB and USD, 3 proprietary chip designs (4 if we'd ever count gen2 for any reason), and (though admittedly dwindling) a surplus of goodwill generated primarily from pulling IPO investors past ROI.  I also wouldn't be surprised if gen4 manufacturing was already contracted out and a fiat deposit submitted.