binaryFate



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LegendaryActivity: 1456Merit: 1001Still wild and free Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 03:48:01 PM #10321 Stop the off-topic. All these comments apply to most of the companies that deal with electronic, so bring your discussion with you on a more general forum, but out of here. Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's.

This makes Monero a better candidate to deserve the term "digital cash".

There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients. dvertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. dvertised sites are not endorsed by the Bitcoin Forum. They maybe unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.

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Hero MemberActivity: 518Merit: 500 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 05:20:28 PM #10323 Its embarrassing, everyone's an expert on slavery and China now. And its got bugger all to do with AsicMiner. People work in China to feed their families, same as everyone else. Just they get paid less. If you wanna talk about real slavery, look what Europe did to almost the entire African continent, or how the US railroads were built. That was real slavery.



Calling Chinese factory workers slaves is just idiotic. I live in Thailand and farm workers get paid very little here for very hard hot work. Its not slavery. Its just a hard hard living. But they choose to do it. It ain't slavery.

friedcat

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DonatorLegendaryActivity: 848Merit: 1001 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 05:32:56 PM

Last edit: July 23, 2013, 05:43:58 PM by friedcat #10324 Update



Financial Status



Mining Income: 102,041.82 BTC

Blade Sales Income: 29,594.75 BTC

USB Sales Income: 37,524.00 BTC

Total: 169,520.57 BTC



Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥

Electricity Expense: 729,542.05￥

Labor Expense: 327,081.00￥

Logistics Expense: 132,184.90￥

Deposits: 117,506.01￥

Total: 397,800.00$+6,216,243.96￥



Balance Sheet:



Hardware Franchising



This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.



This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.



Project Timeline



August-September: Deploy/sell all hashpower arriving in July and early August.

September-November: Deploy/sell the hashpower ordered at early July.

November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions. Mining Income: 102,041.82Blade Sales Income: 29,594.75USB Sales Income: 37,524.00Total: 169,520.57Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥Electricity Expense: 729,542.05￥Labor Expense: 327,081.00￥Logistics Expense: 132,184.90￥Deposits: 117,506.01￥Total: 397,800.00$+6,216,243.96￥Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.August-September: Deploy/sell all hashpower arriving in July and early August.September-November: Deploy/sell the hashpower ordered at early July.November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions. The ASICMINER Project

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

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Hero MemberActivity: 602Merit: 500Vertrau in Gott Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 05:38:02 PM #10325 Quote from: friedcat on July 23, 2013, 05:32:56 PM Update



Financial Status



Mining Income: 102,041.82 BTC

Blade Sales Income: 29,594.75 BTC

USB Sales Income: 37,524.00 BTC

Total: 169520.57 BTC



Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥

Electricity Expense: 729,542.05￥

Labor Expense: 327,081.00￥

Logistics Expense: 132,184.90￥

Deposits: 117,506.01￥

Total: 397,800.00$+6,216,243.96￥



Balance Sheet:



Hardware Franchising



This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.



This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.



Project Timeline



August-September: Deploy/sell all hashpower arriving in July and early August.

September-November: Deploy/sell the hashpower ordered at early July.

November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

Mining Income: 102,041.82Blade Sales Income: 29,594.75USB Sales Income: 37,524.00Total: 169520.57Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥Electricity Expense: 729,542.05￥Labor Expense: 327,081.00￥Logistics Expense: 132,184.90￥Deposits: 117,506.01￥Total: 397,800.00$+6,216,243.96￥Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.August-September: Deploy/sell all hashpower arriving in July and early August.September-November: Deploy/sell the hashpower ordered at early July.November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

love ya,



thanks for the update love ya,thanks for the update Einer trage des andern Last, so werdet ihr das Gesetz Christi erfüllen.

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NewbieActivity: 31Merit: 0 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 05:40:03 PM #10326 Quote from: friedcat on July 23, 2013, 05:32:56 PM Update



Financial Status



Mining Income: 102,041.82 BTC

Blade Sales Income: 29,594.75 BTC

USB Sales Income: 37,524.00 BTC

Total: 169520.57 BTC



Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥

Electricity Expense: 729,542.05￥

Labor Expense: 327,081.00￥

Logistics Expense: 132,184.90￥

Deposits: 117,506.01￥

Total: 397,800.00$+6,216,243.96￥



Balance Sheet:



Hardware Franchising



This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.



This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.



Project Timeline



August-September: Deploy/sell all hashpower arriving in July and early August.

September-November: Deploy/sell the hashpower ordered at early July.

November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

Mining Income: 102,041.82Blade Sales Income: 29,594.75USB Sales Income: 37,524.00Total: 169520.57Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥Electricity Expense: 729,542.05￥Labor Expense: 327,081.00￥Logistics Expense: 132,184.90￥Deposits: 117,506.01￥Total: 397,800.00$+6,216,243.96￥Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.August-September: Deploy/sell all hashpower arriving in July and early August.September-November: Deploy/sell the hashpower ordered at early July.November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

Nice!

Thanks for the update Nice!Thanks for the update

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Hero MemberActivity: 756Merit: 500 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 05:59:04 PM #10327



Quote from: friedcat on July 23, 2013, 05:32:56 PM Update



Financial Status



Mining Income: 102,041.82 BTC

Blade Sales Income: 29,594.75 BTC

USB Sales Income: 37,524.00 BTC

Total: 169,520.57 BTC



Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥

Electricity Expense: 729,542.05￥

Labor Expense: 327,081.00￥

Logistics Expense: 132,184.90￥

Deposits: 117,506.01￥

Total: 397,800.00$+6,216,243.96￥



Balance Sheet:



Hardware Franchising



This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.



This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.



Project Timeline



August-September: Deploy/sell all hashpower arriving in July and early August.

September-November: Deploy/sell the hashpower ordered at early July.

November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

Mining Income: 102,041.82Blade Sales Income: 29,594.75USB Sales Income: 37,524.00Total: 169,520.57Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥Electricity Expense: 729,542.05￥Labor Expense: 327,081.00￥Logistics Expense: 132,184.90￥Deposits: 117,506.01￥Total: 397,800.00$+6,216,243.96￥Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.August-September: Deploy/sell all hashpower arriving in July and early August.September-November: Deploy/sell the hashpower ordered at early July.November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions. Hardware franchising. How does that work? Is it like equipment leasing? If so, does the equipment eventual returns? Because typical retail franchise, the operator primarily acquires usage of brand name - can't really draw a true parallel between the this franchising and retail franchise.

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Sr. MemberActivity: 294Merit: 250http://coin.furuknap.net/ Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 06:24:08 PM #10331 Quote from: friedcat on July 23, 2013, 05:32:56 PM Update



Financial Status



Mining Income: 102,041.82 BTC

Blade Sales Income: 29,594.75 BTC

USB Sales Income: 37,524.00 BTC

Total: 169,520.57 BTC



Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥

Electricity Expense: 729,542.05￥

Labor Expense: 327,081.00￥

Logistics Expense: 132,184.90￥

Deposits: 117,506.01￥

Total: 397,800.00$+6,216,243.96￥



Balance Sheet:



Hardware Franchising



This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.



This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.



Project Timeline



August-September: Deploy/sell all hashpower arriving in July and early August.

September-November: Deploy/sell the hashpower ordered at early July.

November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

Mining Income: 102,041.82Blade Sales Income: 29,594.75USB Sales Income: 37,524.00Total: 169,520.57Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥Electricity Expense: 729,542.05￥Labor Expense: 327,081.00￥Logistics Expense: 132,184.90￥Deposits: 117,506.01￥Total: 397,800.00$+6,216,243.96￥Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.August-September: Deploy/sell all hashpower arriving in July and early August.September-November: Deploy/sell the hashpower ordered at early July.November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

friedcat, this is a good update, thank you.



There are a few questions left unanswered. You mention revenue and expenses, but not the period. Is this from operation start last year?



You have also mentioned significant investments in July and investments in 2nd-gen chips. Where is this listed in the balance sheet? If they're not listed, are these costs accounted for elsewhere?



.b friedcat, this is a good update, thank you.There are a few questions left unanswered. You mention revenue and expenses, but not the period. Is this from operation start last year?You have also mentioned significant investments in July and investments in 2nd-gen chips. Where is this listed in the balance sheet? If they're not listed, are these costs accounted for elsewhere?.b My Coinblog: http://coin.furuknap.net/

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Sr. MemberActivity: 305Merit: 250 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 06:27:03 PM #10332 Quote from: furuknap on July 23, 2013, 06:24:08 PM Quote from: friedcat on July 23, 2013, 05:32:56 PM Update



Financial Status



Mining Income: 102,041.82 BTC

Blade Sales Income: 29,594.75 BTC

USB Sales Income: 37,524.00 BTC

Total: 169,520.57 BTC



Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥

Electricity Expense: 729,542.05￥

Labor Expense: 327,081.00￥

Logistics Expense: 132,184.90￥

Deposits: 117,506.01￥

Total: 397,800.00$+6,216,243.96￥



Balance Sheet:



Hardware Franchising



This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.



This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.



Project Timeline



August-September: Deploy/sell all hashpower arriving in July and early August.

September-November: Deploy/sell the hashpower ordered at early July.

November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

Mining Income: 102,041.82Blade Sales Income: 29,594.75USB Sales Income: 37,524.00Total: 169,520.57Device and Infrastructure Expense: 397,800.00$ + 4,909,930.00￥Electricity Expense: 729,542.05￥Labor Expense: 327,081.00￥Logistics Expense: 132,184.90￥Deposits: 117,506.01￥Total: 397,800.00$+6,216,243.96￥Balance Sheet: https://docs.google.com/spreadsheet/ccc?key=0Al1fvFT7Sd5bdEthNEpIWWxpcW90RFBQOFZ6aFlxT0E&usp=sharing This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.August-September: Deploy/sell all hashpower arriving in July and early August.September-November: Deploy/sell the hashpower ordered at early July.November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.

friedcat, this is a good update, thank you.



There are a few questions left unanswered. You mention revenue and expenses, but not the period. Is this from operation start last year?



You have also mentioned significant investments in July and investments in 2nd-gen chips. Where is this listed in the balance sheet? If they're not listed, are these costs accounted for elsewhere?



.b

friedcat, this is a good update, thank you.There are a few questions left unanswered. You mention revenue and expenses, but not the period. Is this from operation start last year?You have also mentioned significant investments in July and investments in 2nd-gen chips. Where is this listed in the balance sheet? If they're not listed, are these costs accounted for elsewhere?.b

Was just writing a post asking about period of Revenues/Expenses... but your post did it much better than mine would have .



A bit more detailed books would be appreciated if possible - monthly expenditures for instance Was just writing a post asking about period of Revenues/Expenses... but your post did it much better than mine would haveA bit more detailed books would be appreciated if possible - monthly expenditures for instance Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).

Jutarul

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DonatorLegendaryActivity: 994Merit: 1000 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 08:13:57 PM #10337 Quote from: supert on July 23, 2013, 06:18:40 PM By my calculations, book value is 0.0513 BTC / share

If you look closely at the spread sheet, the company has a liquidation value of zero (Assets-Liabilities). All assets are either instruments for future income, reflect investments, contracts paid for or cover short-term costs.



What's not reported in the spread sheet, but can be estimated from the numbers in the posting is the generated "bitcoin flow": operation->equity owners, which is (169,520.57- ~15,000-40,000=~130,000-150,000). Thus the gross efficiency of the operation up to now is for each bitcoin spent, you get 5 to 10 back. However, that included a lot of early-mover pay-off, thus a separation into different time and operation segments would be desirable to see how that efficiency fares and compares. If you look closely at the spread sheet, the company has a liquidation value of zero (Assets-Liabilities). All assets are either instruments for future income, reflect investments, contracts paid for or cover short-term costs.What's not reported in the spread sheet, but can be estimated from the numbers in the posting is the generated "bitcoin flow": operation->equity owners, which is (169,520.57- ~15,000-40,000=~130,000-150,000). Thus the gross efficiency of the operation up to now is for each bitcoin spent, you get 5 to 10 back. However, that included a lot of early-mover pay-off, thus a separation into different time and operation segments would be desirable to see how that efficiency fares and compares. The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0

"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman "The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman

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NewbieActivity: 9Merit: 0 Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It July 23, 2013, 08:17:24 PM #10338 Quote from: gog1 on July 23, 2013, 05:59:04 PM Hardware franchising. How does that work? Is it like equipment leasing? If so, does the equipment eventual returns? Because typical retail franchise, the operator primarily acquires usage of brand name - can't really draw a true parallel between the this franchising and retail franchise.



Franchising isn't exactly the right word, it sounds like more of a lease agreement where the terms of the lease are the theoretical production capacities of the devices.



From what I understand, it allows Bitfountain to scale faster and in a distributed fashion with low risk to either the security of Bitcoin or the company. The devices aren't controlled by or related to the company other than the payments of what the blades produce near theoretical maximum. And the risk to the company is even lower because of the deposits required.



This could give Asicminer, effectively, mining farms all over the world, even in places that can operate much more efficiently than where they are now. And let Bitfountain profit from more than 50% of the network hashrate without actually risking Bitcoin's security.



All in all a very good thing for Asicminer and shareholders methinks. Franchising isn't exactly the right word, it sounds like more of a lease agreement where the terms of the lease are the theoretical production capacities of the devices.From what I understand, it allows Bitfountain to scale faster and in a distributed fashion with low risk to either the security of Bitcoin or the company. The devices aren't controlled by or related to the company other than the payments of what the blades produce near theoretical maximum. And the risk to the company is even lower because of the deposits required.This could give Asicminer, effectively, mining farms all over the world, even in places that can operate much more efficiently than where they are now. And let Bitfountain profit from more than 50% of the network hashrate without actually risking Bitcoin's security.All in all a very good thing for Asicminer and shareholders methinks.