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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 324. (Read 479499 times)

full member
Activity: 238
Merit: 100
Also, 2 million shares I think is fairly insurmountable, and might be driving many potential investors away from AMC because they don't see the wall ever coming down and thus no potential for profit. Have you considered lowering the amount of shares in the wall and then selling in increments once the price shoots up? Surely you stand to make more profit this way.
full member
Activity: 238
Merit: 100
Wow this has certainly been an excellent newsday for AMC.

Any progress on the BTCT situation? I want to start buying again but I don't want to be in some unknown limbo state with the transfering of shares and so forth, and I don't want to use Bitfunder due to their recent security issues.
sr. member
Activity: 294
Merit: 250
sr. member
Activity: 476
Merit: 250
newbie
Activity: 50
Merit: 0
Wowowow! Monster dividend!
member
Activity: 111
Merit: 10
Wow, I'm really glad that Ken was able to get my shares out of limbo for this giant dividend! Smiley Thanks again Ken. Great work, can't wait for the future  Grin
newbie
Activity: 35
Merit: 0
Yeah massive dividend! Was the pre order factored into this somehow?
full member
Activity: 196
Merit: 100
ActiveMining Dividends Paid: 0.00001830/Share

 Shocked Shocked Shocked Shocked Shocked Shocked Shocked

I'm VERY interested to see how the market shifts after this dividend
hero member
Activity: 487
Merit: 500
Are You Shpongled?
ActiveMining Dividends Paid: 0.00001830/Share

 Shocked Shocked Shocked Shocked Shocked Shocked Shocked
Definitely this. The dividend was more % than ASICMINER by almost double (0.48% vs 0.87%). I would love to see the accounting for this and where the money came from.
Vbs
hero member
Activity: 504
Merit: 500
sr. member
Activity: 476
Merit: 250
ActiveMining Dividends Paid: 0.00001830/Share
full member
Activity: 196
Merit: 100
Woot.. Thanks Ken!!!      Our dividend is 0.00001829 per share..
Whoa! Thats quite a jump since last week! Those extra avalons are making a big difference!
hero member
Activity: 980
Merit: 503
Woot.. Thanks Ken!!!      Our dividend is 0.00001829 per share..
sr. member
Activity: 294
Merit: 250
The fact of the matter is, that ASICminer is not receiving any Avalon chips - those chips are going elsewhere. ASICminer are going to have to increase their current hash rate by a large % to keep their current global hash % (this costs money, which in turn affect dividends). ActiveMining is adding hashing power that is already paid for. ActiveMining profits will go up. ASICminer profits will go down.

That's rich. So when ASICMINER can and will increase hashing to keep up, they lose money, but when ActiveMining sits idly by and watches all this, their profits somehow go up?

mmhmm...

I never said anything about losing money, profits will decrease. The global hash rate is going up, there is no denying this. ASICminer will have to spend a greater percentage of their revenue on increasing their hashing power to keep their current global hash rate percentage. Unless when the Avalons start booting up next month, ASICminer has Hashing hardware already paid for  and ready to offset the global hash rate increase.

ActiveMiner on the other hand, has chips/cases/PSUs paid for. So come August we will have already paid for and over compensated for the global hash rate increase and will be making more dividends than what were making the previous month.
hero member
Activity: 518
Merit: 500
The fact of the matter is, that ASICminer is not receiving any Avalon chips - those chips are going elsewhere. ASICminer are going to have to increase their current hash rate by a large % to keep their current global hash % (this costs money, which in turn affect dividends). ActiveMining is adding hashing power that is already paid for. ActiveMining profits will go up. ASICminer profits will go down.

That's rich. So when ASICMINER can and will increase hashing to keep up, they lose money, but when ActiveMining sits idly by and watches all this, their profits somehow go up?

mmhmm...
sr. member
Activity: 294
Merit: 250
The fact of the matter is, that ASICminer is not receiving any Avalon chips - those chips are going elsewhere. ASICminer are going to have to increase their current hash rate by a large % to keep their current global hash % (this costs money, which in turn affect dividends). ActiveMining is adding hashing power that is already paid for. ActiveMining profits will go up. ASICminer profits will go down.
hero member
Activity: 518
Merit: 500
I am guessing things like this: http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/ will give a mighty hit to the future dividend from mining in ActiveMining?
On other hand, it shows the big interest in buying ASIC's from companies that can deliver.
I'm crossing my fingers in belief that Ken is leading one such company.
This will affect ASICminer the most; their divs will go down the drain by a lot. PMBs and TAT.VIRTUALMINE will fall through the floor.  AM Hashes are paid for at this point and the amount it will increase outpaces the total hash % increase.

Increases in difficulty affect all mining the same, don't be inane. The difference is that anything mining already, is taking advantage of lower difficulty; anything paid for that is not mining yet, is losing pure equity.

By the time AMC miners are live, there's no telling how much their hashes will actually be able to profit. Investors should run some models for worst-case scenarios.

sr. member
Activity: 294
Merit: 250
I am guessing things like this: http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/ will give a mighty hit to the future dividend from mining in ActiveMining?
On other hand, it shows the big interest in buying ASIC's from companies that can deliver.
I'm crossing my fingers in belief that Ken is leading one such company.
This will affect ASICminer the most; their divs will go down the drain by a lot. PMBs and TAT.VIRTUALMINE will fall through the floor.  AM Hashes are paid for at this point and the amount it will increase outpaces the total hash % increase.
sr. member
Activity: 330
Merit: 250
I am guessing things like this: http://thegenesisblock.com/latest-shipment-of-avalon-asics-could-increase-network-hashrate-by-500/ will give a mighty hit to the future dividend from mining in ActiveMining?
On other hand, it shows the big interest in buying ASIC's from companies that can deliver.
I'm crossing my fingers in belief that Ken is leading one such company.
full member
Activity: 196
Merit: 100
I have a large quantity on BTC-TC.   Do i need to be moving these to bitfunder?  Last I heard I just need to sit tight and they will be automatically converted.  Is this still the case?

Thanks.

S M I L Y


Still the case, Ken is still working on the btc tc offering, once its accepted Burnside will convert all AMC to ActM automatically Smiley
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