No news?

Starting to suspect we've been had...

Yeah, that's the perfect cover story. Notice how that story suddenly appeared just an hour or so after my post?

The coins were "bought" by a three letter agency that simply has priority in these auctions. Only a symbolic amount of USD changed hands, and coins were transferred to a different arm of the US government.

So when is the launch planned?

BTC sold (listed as "expense") for USD (listed as "income").

You apparently have a poor grasp of accounting. The cash flow shows negative income per share in BTC since last report because they spent more BTC than they earned since last report. Which is not really surprising, since they have had to pay for the chip production.

The millions from gen3 sales are there, under "Income - Chip sales".

Please ask more questions if you are still confused, hope that clears up a little bit for you.

About 30 PH bought and paid for so far, according to my estimates.

Many may disagree, but I find it reassuring that AM is feeding the revenue back into the company - it is a healthy sign.

Yes, indeed. It looks like AM is working on a longer term business model than most were imagining, using revenues to fund further growth rather than pay dividends...

Looks like they sold BTC in order to pay the fab or cover other expenses: BTC is on the expense "exchange" side, USD is on the income "exchange" side...

Looking at the balance sheet, I wouldn't expect dividends any time soon: the company assets are in inventory/materials, not in cash.

However, it means that AM has planned a whop-ass expansion!

What exactly has been done here?

As far as I know, something special was maybe going to happen on the 27th of May. "Subject to change" and other qualifiers were used passionately. Then 27th of May came and went, nothing special happened. Is it such a big deal?

It's actually quite entertaining seeing people here spazz out. It's so fun, in fact, that I hope dividends are not paid out for a long time still!

Ownership of the shares would probably have to be transferred to "the group", otherwise "the group" would not be the owner of the shares and thus not entitled to a board seat.

Any other arrangement, I believe, would be at the discretion of the current board.

I can't see the rest of the board agreeing to such a solution. But good luck, though.

I'm sorry to poop on this parade, but this is a horrible idea.

Firstly, the "group entity" would have to hold all shares in one address, suggesting one person would be the actual owner as far as FC would be concerned and all "group member" would have to trust this person entirely to manage their shares, transfer the shares in and out of the "group address", and to pass on the dividends. In other words, the group would have to include one person that would accept to do a lot of accounting work and that everybody could trust. Such a person can be hard to find (and/or expensive, although more expensive if an untrustworthy person is chosen)!

Secondly, it's not obvious that any more information would be made available. Jutarul (and other board members) usually post updates when there is new, relevant information. The board meetings don't occur that often, and the chances are that the board members have no more information than we have at this point anyway.

YES!

Everyone is too busy making puns...

I'm sure you can get 0,0 J/GH if you hand-crank it, but isn't that really besides the point? It's better to compare rated performance, i.e. the "normal" operating mode.

It's great they have managed improve the performance - this device beats Spoondoolies' performance (approx. 0.85-0.95 J/GH). Let's hope they can deliver on spec...

Edit: What's that website what has a comparison of all them miners?

Has not grown since a date arbitrarily chosen by you? (Or perhaps deliberately chosen by you in order to make a point?) Well, I guess it's a failure, then...

Facts:
(1) Bitcoin is moving large sums around every day.
(2) It is very useful for "many" (tens of thousands/hundreds of thousands?) people.
(3) The usage has increased - maybe not steadily, but consistently.

I guess it's OK to be skeptical, and it's quite correct to be wary of speculating in the bitcoin price. But to claim it is anything other than a resounding success is disingenuous. It's already successful and is making life easier for a large number of people.

And since you are from Brazil, let me ask you: have you ever tried receiving payments from abroad? It is exceptionally expensive and time-consuming to send money to Brazil from a foreign country by regular banking channels. Bitcoin facilitates this tremendously, and is used by many. Is that not enough to be considered successful?