log☇︎
904300+ entries in 0.656s
Chaang-Noi: but even so, we never were going to get 100% like we all want
ThickAsThieves: transparency is much nicer tho
Chaang-Noi: well honestly at this point, we just have to trust friedat
furuknap: Chaang: yeah, but not there's a retail thread with "mail me to buy" stuff.
ThickAsThieves: made to order
ThickAsThieves: he has an open thread up
ThickAsThieves: i dont like that he made the blade sales private
Chaang-Noi: there are about 10 group buys and some people getting more than 300
truffles: “My daughter waited one minute to get on ‘It’s a Small World’ — the other kids had to wait 2 1/2 hours,” crowed one mom, who hired a disabled guide through Dream Tours Florida…
Chaang-Noi: 10,000 is there run this time around
mircea_popescu: good move to sell as many as they can at that price.
furuknap: Yeah, but they need to sell a hell-uva-lot of them and so far the only order I've seen is a few hundred from a US group buy.
Chaang-Noi: and at 2 btc each, why the hell not :)
Chaang-Noi: that is why they are focusing on selling and making the usb units now
Chaang-Noi: they have the hardware just not the space
furuknap: It's been flat for about a week, though, and I think I read they had problems finding stable space, although that might be earlier.
Chaang-Noi: they also just sold a shit load of units cuz, people paid crazy prices for them
mircea_popescu: a ok there it is.
furuknap: They were scheduled to veliver 3-10 TH per week over the past two weeks.
furuknap: I think they're either pushing or have poassed 20 THs.
mircea_popescu: where was that ThickAsThieves link
Chaang-Noi: AM is having problems now with not enough places to run their stuff, they have it, just no internet/electric
furuknap: AM has far more than 12 TH now.
mircea_popescu: which is a lot better than asicminer too, seeing how they still don't have the 12th promised for feb/march
mircea_popescu: he also claims that 22 peta hash is doable in one run
furuknap: Yeah, I'll see if I can find the reference, I have about 28 tabs up right now.
furuknap: Yeah, about 8 times 'better' than AM chips first gen.
mircea_popescu: furuknap the 100th people are claioming to have bought his stuff.
mircea_popescu: ie, much better than asicminers'
mircea_popescu: there, he put a 100 btc on the theory that he shows working asic doing < 1watt per ghs
optimator: 2 weeks- does everything in the chip world in two weeks?
furuknap: Doesn't have to be made in Russia even if Bitfury is Russian. The 100TH people are from Poland.
furuknap: They claim the wafers are done and ready tro be bumped and packaged, yes. Expected delivery in two weeks.
Chaang-Noi: he claims to have it now?
mircea_popescu: well, so maybe the russians did too.
Chaang-Noi: still, only chinese have made an asic, (other than bfls 5ghs)
furuknap: No, they're slling it as ASICs.
Chaang-Noi: id give them props for that
furuknap: I've only seen him post in Russian, thought, and my Russian is a bit rusty.
Chaang-Noi: however if they claimed to get 100th with fpga and they sold stock on it, epic troll:)
Chaang-Noi: they seems to be asic if its 100th
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.
Chaang-Noi: bitfury is a better name than bitfurry :)
Chaang-Noi: from the lack of people who i knew that invested in it or think its a good idea
mircea_popescu: i think its bitfury
furuknap: Hehe, you deduce that from the name?
mircea_popescu: i ride the blockchain baby
deadweasel: < Chaang-Noi> what are they going to raid? the block chain?
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.
truffles: im sure theyll try something
Chaang-Noi: nall the can do is lock up some fiat, who gives a fuck
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.
Chaang-Noi: what are they going to raid? the block chain?
mircea_popescu: other than the former's claims to investment in the later.
mircea_popescu: i don't think picostocks and bitfury are actually related
truffles: well when the DHS raids begin, maybe the btc drama will be super intense
Chaang-Noi: iv never heard of this
Chaang-Noi: i know of most legit things before they happen
furuknap: The people behind the 100TH project then...
truffles: changing the world is a tall order
Chaang-Noi: you dont need to change the world to win, but it can help :)
furuknap: Anyone know how many shares the 100TH people sold in the IPO?
optimator: you know normal people don't change the world
deadweasel: way too much $$, and the yeast still gets me, so I stick to scotch and wine.
deadweasel: Red Bridge is good, but i LOVE Greens, they make nice bier for us gluten pansies.
optimator: deadweasel: i just tried a sorghum beer - not bad
deadweasel: don't say that, truffles takes offense to 'manic'. ;)
optimator: i think rpietilia nailed it with the word manic
deadweasel: optimator: I have gluten intolerance/yeast issues, so I had to give up bier 5 years back.
Chaang-Noi: and being one of the more loud i would say yeah
Chaang-Noi: i think yes
deadweasel: it sure seems like there is a correlation between the loudest BTC voices the most mentally unstable.
truffles: if he's leveling then well played
truffles: its hard to laugh when theyre not well
truffles: rpietila is sick though
deadweasel: optimator, have you drunk the spaten optimator?
deadweasel: I liked numismatics write of the whole deal
truffles: there were some interesting comments in the DHS threads
deadweasel: gotta mine the bitcoin, gotta mine the forums, gotta mine the IRC.
deadweasel: me too, but there are some nuggets down there.
pgp: i find that I mostly rely on links posted here for especially juicy stuff
pgp: way too much noise on forums for my tastes, though
deadweasel: the spamcoin nonsense has lowered the bar, which is hard for the forums.
deadweasel: damn you must love the forums
truffles: like ohmy shocking the price dips
Chaang-Noi: btc is sooo much better than hollywood
ThickAsThieves: you're replying to "[10:44] <truffles> dont like monies now?"?
ThickAsThieves: did I ignore truffles by mistake or something?
deadweasel: stay here, stay close to the pulse of bitcoin.
deadweasel: truffles, I think of #assets as more of a pulse than a clique, it's a good place to cut through the bitcoin FUD as it floods up to our necks.
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.
ThickAsThieves: but that he is dedicated to AM first and foremost
ThickAsThieves: he did make it clear that new ventures, unrelated to mining, would not be wrapped under the current asset
ThickAsThieves: is that AM makes so much money from the shares they already hold
ThickAsThieves: I think what it is
ThickAsThieves: "About the argument of dividend payments, our view is that we will distribute the net income after necessary costs are excluded and funds for foreseeable future (expansion, gen-2 chips) are reserved."
Namworld: one on the smallest process
ThickAsThieves: but it's not exactly a strategy to payout all the monies
ThickAsThieves: I like the divs n all, and I do think AM can grow further
ThickAsThieves: I like how everyone is thanking Friedcat for paying high divs as a strategy