furuknap: It is bitfury. So far as I've researched now, and excuse my noobishness if this is obvious, he's a Russian guy that had some incredible talent with FPGAs and then went on to design ASICs.

furuknap: I just wanted to know how many IPO shares they sold so I could put it into a model to see if it's profitable.

furuknap: From what I understand, the birst Bitfury batch is 200 TH, of which 100TH goes to the mine, 50 TH to Bitfury, and the rest to undisclosed private investors.

furuknap: Namworld: So far, the Swedes are the ones that attempts the smallest process of 28nm. Current AM is 130nm. It will take a long time to get smaller process right, as I understand it.

furuknap: That's what I keep saying...

furuknap: I'm not a girl if you were asking me...

furuknap: I need to fix dinner...

furuknap: Actually, I wasn't trying to make a point of it, I was just responding to a question about what I thought of the project. From the projects I have evaluated, those were distinguishing characteristics in addition to a growing confidence that such a delivery is technically feasible. Two months ago, I probably wouldn't have given it a second glance.

furuknap: I understand that, and I eat so much salt these days, I'll be a mummy by the end of the summer. This doesn't smell right though (and right here would be scam).

furuknap: Again, it seems way too much effort for essentially peanuts. I don't know. Might throw a few coins there to see if it sticks.

furuknap: Deson't matter if they care for it. They could have done it without. IF (and I capitalized that intentionally) the people in tne BP are the real people and not just a Google image search, what possible reason could they have for adding their names when they don't have to?

furuknap: Well, I doubt he'd risk his name and reputation for a few million either...

furuknap: The business plan, the picostocks setup, the putting your name on the line. At the time, there weren't asking for much. It's become a lot since then, but at the time, I mean, if you wanted to scam someone, at least you should do it big.

furuknap: I think the entire community is skeptical due to some key providers being late and scams. AM showed it's possible. The swedes work with very reputable companies. 100TH certainly has put a lot of effort into what at the time seemed like a peanut reward.

furuknap: Or maybe I used too much :-)

furuknap: Yeah, I read up on the origonal 75TH mine, but I also got the impression that bitfury was more legit.

furuknap: Not the example I'd use, but I get your point :-)

furuknap: TAT: Are you listening? Now I'm having opinions not founded on math.

furuknap: OK, the leader (and that's not me, just so you don't think I'm blowing my own horn) needs to understand what people need. They usually say that by fierce opposition.

furuknap: Exactly, but to get there, there needs to be a desire for professional information that is more visible. I'm testing the market with a new mining book in a few weeks (maybe a couple of months, depending on whether I move from Norway). Having some experience from publishing, I'd use that to understand the market and what people want.

furuknap: Yeah, I'd love to do that, MP, but seriously, I'm not a finance guy. I understand the math, but I'm more technical than would make me a financial person of any repoute.

furuknap: I agree. It will come.

furuknap: 2001, but OK, I'll bite.

furuknap: truffles: I can't please everyone :-)

furuknap: Yup, at least the ones that are available. I've done a couple of private ones too. All IT, though.

furuknap: You can hang on for a couple of days and the next one is out free. I'd be happy to send you other copies though.

furuknap: I am.

furuknap: This one is free. It's part of a test I'm running to see if I can get a better way of providing information to people. My other 20ish books cost around $20 each.

furuknap: mp, I'm mostly recognized in the SharePoint community where there are two community players that run highly successful ad servics for bloggers and services. I've reached out to one of them who is also a sponsor for my next book and asked whether she'd be willing to look at a similar service for BTC community.

furuknap: I realize people buy on far more than ROI. I don't. Even if the price goes up to 2.5, it will still be within what I'm perfectly comfortable 'loosing' by just taking 1.10 per share (and even a bit more since I got a few of the waves right).

furuknap: Heh, I wish it were that simple :-)

furuknap: No, I'm assuming there's no support for a price above 1.50ish even at twice the rate that friedcat predicts.

furuknap: I've doubled my money in a month and not taken any risk. I'm perfectly capable of living with not getting the last few drops of the can.

furuknap: Yes, and I've also gained far more. You're not going to sucker me into that trap :-)

furuknap: Yes, and I'

furuknap: 30 or so shares? I don't remember exactly.

furuknap: That's roughly 5% from current top. I have no problems missing the top bu as much as 30-40% even, especially when I see there are no fundamentals supporting the price above that.