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Showing 20 of 26 results by lduck
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Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 02/05/2013, 16:08:08 UTC
from contract:
"...Board members could ask for details of Bitfountain, as well as inspecting and monitoring our financials..."
I didn't find in contract any weekly updates, so strictly by contract I don't deserve even them.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 02/05/2013, 15:54:58 UTC
You deserve it because you are effectively lending them your money based on the promise that they will be able to repay it at some point or that you can sell your debt on an open market. ...
From this point I do not deserve it, because they already repayed me
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 02/05/2013, 15:39:52 UTC
my point is, AM is not asking for any new investment, so posting  information every hour to make prices "fair" is not in the interest of EVERY shareholder. (as it cost men-hours) How much information get average shareholder of Google/Apple/... ?
on the other hand, I we should probably know at least few of other people that are in board and around Friedcat. Or in some other way responsible for AM decisions.

Google/Apple are required to submit financials at least quarterly and be independently audited at least yearly.  Obviously people bought into AM without having the same requirements.  Asking for expanded information from the few sentence 'updates' is fair.  How much effort does it really take to compose a paragraph write up about what you did over the past week or two and what your plan is for the next two or four weeks?  Don't even post it in English.  Post it in your native language and I'll sit with the translator to parse it myself.  I understand the fallacy with trying to plan too far in the future, but that doesn't mean you don't plan at all.
they made statement about planing to have average 10% till the end of year. every percent  more AM will have in average for 2013 year is bonus. if someone expected more, because they mentioned they payed for mask(long time investment), and are planing to deliver 200TH/s(without mentioning when and without mentioning it was payed for it), then it is/was speculation. (-- I personally think all 200TH/s would not be online at the end of 2013, but that's just my speculation.)
so some plans are. we will see how they will end.

furuknap: they made statement that no more than 200000 shares will be sold. so there is just one real source of money for everything - mining. and it's hard to make any statement how many % they will use when BTC price is unstable.

I would like to see more information too, but I don't see why I would deserve it.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 02/05/2013, 15:06:16 UTC
...
No, not really. Not unless the value of AM is hype, in which case, we're selling to suckers and hoping nobody notices before the air goes out of the balloon.
...
WE are not selling. maybe few shareholders are selling, but not WE.  
everybody who bought shares in last few weeks of months was supposed to make homework before buying and then he would see, what level of information you can expect.
if you was expecting more and now you see your possible earnings differently, then sorry, but that is calling risk and you accepted it at buying.
if you bought at 0.1_something, and you are not satisfied with AM, you are free to sell for 10 times more than you spend. or you can organize voting about some change.
my point is, AM is not asking for any new investment, so posting  information every hour to make prices "fair" is not in the interest of EVERY shareholder. (as it cost men-hours) How much information get average shareholder of Google/Apple/... ?
on the other hand, we should probably know at least few of other people that are in board and around Friedcat. Or in some other way responsible for AM decisions.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 30/04/2013, 17:09:23 UTC
Maybe solo mined blocks have address tags like they do in blockchaininfo so shareholders can monitor.  Or is that a bad idea?
did't Friedcat mentioned that in his post?
...We plan to do it with writing information to the coinbase transaction to let everyone check.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 30/04/2013, 16:49:57 UTC
Over time this may be the large problem. ASICMINER may become rouge itself.
I see little difference between central bank and dozen mining companies. Especially if half of them will be in one country.
you can see how hard is to get and maintain at least 10%. and when you have problems to climb to 15% when whole network has 80TH/s, it will not get easier "over time" when whole network will have few hundreds TH/s. and now it is probably mostly about deploying, but "over time" it will be also about maintain, debugging and replacing units.
and if you think that "over time" it will be easier to AM, because the team will have know how in anything, that means Avalon and other will have also know how about what they do. and they need to get know how just about assembling and selling, but AM needs know how about assembling, getting power, making efficient internal network...  It is not like multiple n-times what we do and the result will be n-times bigger.

you can see, that it is not so easy for example on this:
... If we get the 60TH/s online (conservative) in late April, ...
and even IF AM could get any close to 50%, why would somebody be afraid of AM if their intends are clear and public? (I know why, just trying to point to something) There can be already some evil 51% miner hidden in the the network, but nobody is panicking because nobody can see that in charts. so please do not panic about AM.

I hope that nobody will take my citation of Friedcat as I'm complaining about AM. Just getting sick about 51%, if the shares are under or over valuated. Guys, please, try to move all the speculations to other place. just trying to find Friedcat post (throught his last posts) about the 10% took me a while. By my opinion, this thread should be about updates, trading possibilities, and company plans and the only acceptable speculation here was about where and how fast is AM mining.

btw: I probably never wrote, but:
Friedcat and others around, thank you very much for AM. Have good luck (and enough kW and space) in the future.
Post
Topic
Board Hardware
Re: Now available: Lancelot (Heavy Duty 2 x FPGA Mining Board)
by
lduck
on 26/04/2013, 10:41:14 UTC
is it really the same PCB as Lancelot?
is ngzhang's last firmware for Lancelot working on them? not just in theory, but if it was tested.
are GPIO's on this board working/tested?

wasn't the PSU included in the 350$ yesterday?

is the "In stock" sign still valid or we will have to wait for the units few weeks?
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 19/04/2013, 17:15:35 UTC
Update

We are getting ready for the arrival of our assembled blades. The development of USB-stick miners is actively on the way and heading to its sample batch. The series of the auction will last for several rounds and include the USB-stick miners in later rounds when they are out.
are the problems with network an power fixed?
how many TH/s can be plugged in all locations?
how many TH/s are in that assembled blades?
how many will be sold?

to know at least some of these numbers would be great. I know that we are waiting for the second batch, but could not find if second batch is 6TH/s or 50TH/s (or some other number?)
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 17/04/2013, 15:40:52 UTC
0.00696732 per share + confirmation satoshi
Post
Topic
Board Computer hardware
Re: [WTB] fpga board
by
lduck
on 05/04/2013, 16:53:22 UTC
still looking. I can pay in BTC, euros, paypal
And I can afford now also Icarus or Lancelot board, too.

I will accept shipping from anywhere. From my experiences it shouldn't be more that 10$/€
Post
Topic
Board Computer hardware
Topic OP
[WTB] fpga board
by
lduck
on 02/04/2013, 13:40:28 UTC
looking to by fpga board. preferably ztex 1.15d(XC6SLX150, 128 MB RAM)
but can be some other board  with XC6SLX150 that has access to GPIO. I would also welcome RAM chip on the board.
Icarus or Lancelot board would also work, but I worry they are too expensive for me.
I wants the board for non-mining purpose, so if you know that your board is somehow valid (generates to many bad block, overheat, ...) please don't sell it to me. It will cost me to many hours to debug if I made mistake in my design or it is broken board.
if the board is physically damaged (broken SD slot, some pins are not useable any more) but you can run use the board I might buy it. it would depend if I can fix it or I will not need that in my project.

If I buy, you will be shipping to Europe (Slovakia).

Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 28/03/2013, 19:15:32 UTC
Maybe when the auction start the actual machine can be linked to a new account at btcguild. With a name something like "Asicminer auction 1" or so. This way the buyer can see that the machine is already working and can be shipped as soon as he bought it. Plus it would work as an advertisement. And as soon as the buyer bought it the machine is shipped. So that the machine doesnt have to stand there too long and block power supply.
Im interested to see the first auction start. Smiley
Nice. No such thing as dead stock plus it gives them a thorough testing.
yes, and it would also work as advertisement to the auction. so maybe isn't bad idea to create accounts on few other pools with names that would advert the auction few days before it begins.

and I think that good think would be to sell boards/units with different hash speed. that would be great for people that would like to start with mining. I think that they would prefer to buy new ASCI board instead of FPGA board, but also would like something not so expensive for the first try. -or simply the do not have so much money. and If power requirements are not exotic, units without power module could also be available. I'm not saying to have units like this from prepared for this auction, but in the long run we should not target just on big and expensive units. targeting and selling to mining beginners and "broke students" could earn some money too.
Post
Topic
Board Auctions
Re: Unified ASICMINER orderbook
by
lduck
on 25/03/2013, 19:43:11 UTC
Post
Topic
Board Auctions
Re: 700 Asicminer share auction, starting @ .72
by
lduck
on 25/03/2013, 14:06:54 UTC
bit 50 @ 0.72

or if possible, then 55 @ 0.73. Probably in case you will not have buyers for all shares.

As Friedcat didn't show, can you sign "March 25, 2013 23:59 (GMT) 700shares" with address from yesterday dividnends payout?

I see that helixone bid for last 200 shares before me. so my bid is not valid.  will not bid more as I just get response to my bid in unified orderbook.
Post
Topic
Board Auctions
Re: 700 Asicminer share auction, starting @ .72
by
lduck
on 25/03/2013, 13:24:59 UTC
bit 50 @ 0.72

or if possible, then 55 @ 0.73. Probably in case you will not have buyers for all shares.

As Friedcat didn't show, can you sign "March 25, 2013 23:59 (GMT) 700shares" with address from yesterday dividnends payout?
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
lduck
on 24/03/2013, 21:20:47 UTC
So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
for me it was 0.00750846 per share
Post
Topic
Board Auctions
Re: Unified ASICMINER orderbook
by
lduck
on 24/03/2013, 13:50:51 UTC
bid 55@72
Post
Topic
Board Auctions
Re: Unified ASICMINER orderbook
by
lduck
on 23/03/2013, 08:47:26 UTC
cancel 160
Post
Topic
Board Auctions
Re: Unified ASICMINER orderbook
by
lduck
on 16/03/2013, 16:39:04 UTC
Post
Topic
Board Auctions
Re: ASICMINER fixed price auction
by
lduck
on 05/03/2013, 17:47:09 UTC
in case you will not have enough bids for that 85 shares, I would like to buy 20 of them. Or more If I will be able to get more BTC.