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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1000. (Read 3917568 times)

full member
Activity: 196
Merit: 100
Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?
Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que. Smiley

this could be your problem.. lol
hero member
Activity: 574
Merit: 500
Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

There is a thread explaining these things, anyone can post the link?

https://bitcointalksearch.org/topic/howto-tradingbuyingselling-asicminer-shares-overview-and-comparison-188550
full member
Activity: 254
Merit: 100
Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?
Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que. Smiley
sr. member
Activity: 322
Merit: 252
Anyone noticed the Asicminer ads?  Grin

What is the ad linking too ?

Maybe this page.

But I don't get why they've only updated the startpost of this page with new pics.
(Difference is that the new thread is 50 minimum instead of 300)

Still don't get why those nice mining pictures aren't added to the startpost..
full member
Activity: 196
Merit: 100
Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?
legendary
Activity: 980
Merit: 1008
Runeks, love your chart!  Would it be possible to adjust your second chart, or add a new one, so that there is an overlay of the previous week(s)?  Basically I want to easily at a glance see if we are doing better or worse then last week without having to hover over the line and count the days.  Donations incoming after I get my next divs (spent last weeks on hookers and blow already) as I realize I look at your chart daily, and I have yet to donate to you!
Thanks! Donations are very much appreciated, and very motivating. Smiley

I'm working on this now. It might take some time, as I'll need to restructure some things.

Also, I'm changing my donation address on the page, because the one displayed is from Bitcoin Qt, and I'm using Armory now. Just so you're not surprised if you see a new one the next time you look (I still have the Bitcoin Qt wallet, so they're not lost if they're sent to that address, I just don't see them until I open up Bitcoin Qt again).
full member
Activity: 254
Merit: 100
Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...
member
Activity: 126
Merit: 11
Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

There is a thread explaining these things, anyone can post the link?
g83
sr. member
Activity: 448
Merit: 250
Super Smash Bros. Ultimate Available Now!
Shareprice is going up...
hero member
Activity: 924
Merit: 1003
Unlimited Free Crypto
Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

Owning direct shares are more secure as you are only exposed to the risk of Asicminer defaulting or friedcat not honoring payouts (not likely).

You add another layer of risk by owning PT shares.

However, PT shares are much more liquid as you can buy and sell them very easily.  You can also buy as small as 1/100th of a share (TAT).

Basically it's a tradeoff, Ease of entry vs. security.

Also PT shares receive a slightly smaller dividend (I believe -%5)

Only the micro does. G.ASICMINER-PT recieve them in full.
legendary
Activity: 994
Merit: 1000
Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

Owning direct shares are more secure as you are only exposed to the risk of Asicminer defaulting or friedcat not honoring payouts (not likely).

You add another layer of risk by owning PT shares.

However, PT shares are much more liquid as you can buy and sell them very easily.  You can also buy as small as 1/100th of a share (TAT).

Basically it's a tradeoff, Ease of entry vs. security.

Also PT shares receive a slightly smaller dividend (I believe -%5)
hero member
Activity: 560
Merit: 500
Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed
donator
Activity: 290
Merit: 250
(06/11 - 12:33am PST) http://blockchain.info/pools now shows the big 3 as
23% - BTC Guild
20% - ASICminer
18% - 50BTC
ASICminer making sure they can scale up as needed maybe?
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
BTW for all those people claiming ASICMINER is charging too much for Blockerupters, check out EBay for BFL.
Two SC Singles which retail for $$2500 each, are going on EBAY for $50,000.

Mind you this isn't for immediate shipping. It's for an early place in line!!

http://www.ebay.com/itm/60GH-s-Bitcoin-ASIC-SC-Single-Butterfly-Labs-Order-1208-July-15-/161041222276?pt=LH_DefaultDomain_0&hash=item257ece0a84

Compared to this Blockerupters are a bargain, and ASICMINER should be able to sell as many as they can produce. (EBay arbitragers should take care of that.)

Another note, I could not find a single BFL device that was ready to ship on EBay. (No wonder USB sticks are being marked up.)

-helixone

Did you notice the name of the seller?  Smiley Ah, not the same guy.  Tongue

He only wants $40K now.

legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
BTW for all those people claiming ASICMINER is charging too much for Blockerupters, check out EBay for BFL.
Two SC Singles which retail for $$2500 each, are going on EBAY for $50,000.

Mind you this isn't for immediate shipping. It's for an early place in line!!

http://www.ebay.com/itm/60GH-s-Bitcoin-ASIC-SC-Single-Butterfly-Labs-Order-1208-July-15-/161041222276?pt=LH_DefaultDomain_0&hash=item257ece0a84

Compared to this Blockerupters are a bargain, and ASICMINER should be able to sell as many as they can produce. (EBay arbitragers should take care of that.)

Another note, I could not find a single BFL device that was ready to ship on EBay. (No wonder USB sticks are being marked up.)

-helixone

Did you notice the name of the seller?  Smiley Ah, not the same guy.  Tongue

He only wants $40K now.
legendary
Activity: 994
Merit: 1000
BTW for all those people claiming ASICMINER is charging too much for Blockerupters, check out EBay for BFL.
Two SC Singles which retail for $$2500 each, are going on EBAY for $50,000.

Mind you this isn't for immediate shipping. It's for an early place in line!!

http://www.ebay.com/itm/60GH-s-Bitcoin-ASIC-SC-Single-Butterfly-Labs-Order-1208-July-15-/161041222276?pt=LH_DefaultDomain_0&hash=item257ece0a84

Compared to this Blockerupters are a bargain, and ASICMINER should be able to sell as many as they can produce. (EBay arbitragers should take care of that.)

Another note, I could not find a single BFL device that was ready to ship on EBay. (No wonder USB sticks are being marked up.)

-helixone

They aren't 'going' anywhere, they aren't going to get any bidders.  USB blockerupters are overpriced by every metric.  However, as a shareholder, I'm perfectly fine with that lol.
full member
Activity: 131
Merit: 100
BTW for all those people claiming ASICMINER is charging too much for Blockerupters, check out EBay for BFL.
Two SC Singles which retail for $$2500 each, are going on EBAY for $50,000.

Mind you this isn't for immediate shipping. It's for an early place in line!!

http://www.ebay.com/itm/60GH-s-Bitcoin-ASIC-SC-Single-Butterfly-Labs-Order-1208-July-15-/161041222276?pt=LH_DefaultDomain_0&hash=item257ece0a84

Compared to this Blockerupters are a bargain, and ASICMINER should be able to sell as many as they can produce. (EBay arbitragers should take care of that.)

Another note, I could not find a single BFL device that was ready to ship on EBay. (No wonder USB sticks are being marked up.)

-helixone
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
A high difficulty increase every 2160 blocks also makes investing in newer generations of tech sooner more attractive. Spend a lot of money to stay where you are with the current tech, and fill up your datacentre quickly, or expedite the next generation and not be forced to find more space, power and people, at least for a while.
sr. member
Activity: 259
Merit: 250
Do consider that if difficulty goes up 20% on the next difficulty increase that means they have to increase hashing by 20%, that get's harder and harder to deploy as we're already talking huge amounts of HW. IE: 31TH to 37.2TH, which is basically 600 Blockerupter boards in 10 days, or 60 boards a day. Mmm. This is doable if they have the datacenter space, cooling, networking and power in place, but keeping up with difficulty is going to get harder and harder. (Bear in mind they are already managing 3100 blockerupter boards in their mining farm!!)

This is where the law of large numbers will really start to be apparent regarding ASICMINER. ASICMINER is currently sitting around ~23.5% of the network. While all of the near-term mining equipment is paid for, setting it up and maintaining it along with the current equipment will become a much more difficult challenge. I think with the delays and issues BFL and Avalon are having that ASICMINER should be able to maintain 16-19% of the network in the near future and that longer term Friedcat's estimate of 10% seems reasonable.

While it may be alarming to some investors that it is unlikely ASICMINER will be able to maintain a 20% hold of the network far into the future, there are other points to consider. As bitcoin gains acceptance, more transactions will lead to much higher fees. Over time, especially with future instances of block halving, these fees will become a larger reward than the actual block rewards. Tracking bitcoin acceptance and total transaction growth should be paid more attention to, as it will have a direct effect on ASICMINER's profitability.
full member
Activity: 121
Merit: 100
All those guys that had their bitcoins tied up with BFL pre-orders must be kicking themselves over and over wishing they had put those bitcoins towards AM shares.  Sad
Yes.  Yes I am.  Back in February, the 100+ BTC I used to order BFL boxes would've bought me a couple hundred shares of ASICMINER which would now give a 5BTC/week dividend and be worth over 500BTC.

Kicking... over... and... over...
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