TheSwede75



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Full MemberActivity: 224Merit: 100 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It August 22, 2013, 05:04:28 AM #11585 Quote from: velacreations on August 22, 2013, 04:48:01 AM Quote from: TheSwede75 on August 22, 2013, 04:46:22 AM I would prob say that anyone close to or over board-seat qualifies. So between 3-5k shares?



How many board seats do you have, Swede?



Quote I'd def say that 10k BTC can cause quite a swing when they move around enough. with 10k btc, you could crash every single security out there, and make up whatever story you wanted for the reasons.

How many board seats do you have, Swede?with 10k btc, you could crash every single security out there, and make up whatever story you wanted for the reasons.

Hah. I am solidly a "Guppy" with my double digit ownership



I would prob speculate that most "whales" are indeed holding steady. If you have $1 million + invested its fairly unlikely that a single week of 'underperforming' dividend really shakes you up. Especially considering almost all really major share holders have average purchase prices so low that not only have they made back their entire initial investment several times over in dividends but can realize several hundred % profit from selling anywhere over 1 BTC.



Hah. I am solidly a "Guppy" with my double digit ownershipI would prob speculate that most "whales" are indeed holding steady. If you have $1 million + invested its fairly unlikely that a single week of 'underperforming' dividend really shakes you up. Especially considering almost all really major share holders have average purchase prices so low that not only have they made back their entire initial investment several times over in dividends but can realize several hundred % profit from selling anywhere over 1 BTC.

friedcat

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DonatorLegendaryActivity: 848Merit: 1001 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It August 22, 2013, 05:14:24 AM #11591 Update



We have collected several shareholders' questions for answering.



Could we have an official live hashrate meter from ASICMINER?

We have an internal one, mainly for troubleshooting when some of the racks going down. The hashrate meter based on the blocks mined reflects more of the real speed (plus luck of course). We will buy more bandwidth before making it accessible by the whole internet. It also requires more commitment in maintenance.



For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales?

We use a different deposit address for each payment transaction. But a centralized nexus address is good. Then people could see how the funds are separated as dividends and expenses.



Besides mining, hardware sales, and franchising, are there any other potential sources of revenue?

There are many possible ones considered, but none can support serious sound business model based on a 1-2billion dollar total market value of Bitcoin: selling patents, offering solution for mining farm construction, assembly service, etc.



Why has the hashrate dropped the past weeks?

It dropped in different few days. Some of them are internal hardware/network glitches, some of them are luck based. We haven't identified any form of DDOS attacks recently though.



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.



How are things going regarding your business plan? Did you account for the sudden network hashrate increase? How is the international expansion of ASICminer coming along?

The business plan is unchanged. The network hashrate increase was still under our projection. The total hash target originally set for the end of this year would probably achieved earlier.

The ASICMiner expansion via franchising is still much within China border. The internationally deployed portion will dominate when the gain of operation cost outweigh the delay and cost of international shipping/assembling abroad. The ASICMINER Project

https://bitcointalk.org/index.php?topic=99497.0

freedomno1



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LegendaryActivity: 1666Merit: 1036Learning the troll avoidance button :) Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It August 22, 2013, 05:21:40 AM #11597 Quote from: friedcat on August 22, 2013, 05:14:24 AM Update



We have collected several shareholders' questions for answering.



Could we have an official live hashrate meter from ASICMINER?

We have an internal one, mainly for troubleshooting when some of the racks going down. The hashrate meter based on the blocks mined reflects more of the real speed (plus luck of course). We will buy more bandwidth before making it accessible by the whole internet. It also requires more commitment in maintenance.



For more transparency, is it possible to share a wallet address for depositing income from ASICMINER hardware sales?

We use a different deposit address for each payment transaction. But a centralized nexus address is good. Then people could see how the funds are separated as dividends and expenses.



Besides mining, hardware sales, and franchising, are there any other potential sources of revenue?

There are many possible ones considered, but none can support serious sound business model based on a 1-2billion dollar total market value of Bitcoin: selling patents, offering solution for mining farm construction, assembly service, etc.



Why has the hashrate dropped the past weeks?

It dropped in different few days. Some of them are internal hardware/network glitches, some of them are luck based. We haven't identified any form of DDOS attacks recently though.



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.



How are things going regarding your business plan? Did you account for the sudden network hashrate increase? How is the international expansion of ASICminer coming along?

The business plan is unchanged. The network hashrate increase was still under our projection. The total hash target originally set for the end of this year would probably achieved earlier.

The ASICMiner expansion via franchising is still much within China border. The internationally deployed portion will dominate when the gain of operation cost outweigh the delay and cost of international shipping/assembling abroad.



Woot Friedcat

I knew you were due for a post sooner or later thanks for posting Woot FriedcatI knew you were due for a post sooner or later thanks for posting