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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1025. (Read 3917568 times)

hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
Lets get back on this topic...

The number of shares held by the public... looking through the blockchain at satoshi transactions I can only account for 64,469 shares... where are the others?  Did I miss some? Are some shares not handled the same way as these? Did friedcat buy back some shares and we have yet to discover this?  Were there never actually more then this many shares sold and we were wrong all along?

Info taken from transactions on 5/29/2013 such as this transaction https://blockchain.info/tx/2f161bac1ef4c5dc09168de36a7c7c80a7d0ac236ec1e29a25c825d5c3a6ed7e and the other 5 like it (total of 6).

https://docs.google.com/spreadsheet/ccc?key=0Am3MH7b0EM3adG56N1VzZzdtNXRZSkdOOXcxbGx0TXc&usp=sharing

Some basic information... From what I know all public holders of shares are paid one satoshi per share before dividends from 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF.  By looking at all transactions from that address on a dividend day, I should be able to account for all publicly held shares and figure out what addresses own how many shares and track movement.  PT shares derive through publicly held shares (often called direct shares) so even though some people would not be represented here themselves... the PT should be listed and the pt share holders will be under that.  TAT confirmed his address was already listed here in my sheet.

Are my assumptions wrong?  Did I fuck up and miss a transaction in this spreadsheet?  Is YOUR dividend address listed? Or.. is something else going on.  If everyone reading this thread just checked to see if they see their address listed in my spreadsheet, we could quickly figure out if the mistake is on my end (which i assume is the case)...  If you do NOT see yours listed... link me to the transaction that includes your satoshies for 5/29.

Here's one for your spreadsheet that you missed:

https://blockchain.info/tx/a277fe830ef6b58d72614055fa53381fd85b6dd1714d21b3d1f6f88838b620eb

I think there is an error in the calculation for >1000. The sheet has C2:C299 instead of C1:C298. Same for some of the other calcs. There are 9 >1,000, 2 > 5,000, and 1 <10,000.
member
Activity: 85
Merit: 10
Quote from: delaria link=topic=99497.msg2374198#msg2374198
I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
Quote from: delaria link=topic=99497.msg2374632#msg2374632
Market value maybe around 250 btc / unit right now, but on eBay they are going for much more. I'll have to resort to ebay that shitty site if no one takes the offer.  

I don't think this is the right place to discuss such deals.

But just let me point out why nobody is interested in your offer:
Market price of 3xAvalons: Approx. 750 BTC
Market price of 500 ASICMINER shares: Approx. 1200 BTC

Yeah and i apologize for going off topic i've just thought this thread would be the best place to gather interest. The point is that it may not be easy to obtain Avalon devices right now. Andy many others i made in my previous posts. But i think it's time to cut off this discussion here. PM me if you are interested in further discussion.

Cheers
sr. member
Activity: 362
Merit: 250
Quote from: delaria link=topic=99497.msg2374198#msg2374198
I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
Quote from: delaria link=topic=99497.msg2374632#msg2374632
Market value maybe around 250 btc / unit right now, but on eBay they are going for much more. I'll have to resort to ebay that shitty site if no one takes the offer.  

I don't think this is the right place to discuss such deals.

But just let me point out why nobody is interested in your offer:
Market price of 3xAvalons: Approx. 750 BTC
Market price of 500 ASICMINER shares: Approx. 1200 BTC
member
Activity: 85
Merit: 10
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

I really do hope you find someone to trade for yor devices and soon. Peopl are staring to realize just part of the potential of AM shares. Because if you're buying into AM shares, you're buying a percentage of all mined AM blocks for the next couple years.

I am very biased towards AM right now because hardware right now seem like mining bonds (diminishing returns), whereas ASICMiner is a sustained, scaling source of income (barring Armageddon/govt intervention). The only way Avalon/BFL could match is to send a module every couple of months to upgrade your hardware. (flawed analogy but you get the idea). Plus you get a cut of profit from hardware sales, pretty sure Avalon/BFL isn't doing that.

Thank you, but don't forget that the AM share price can go down as well, and there are a ton of other risks to consider, primarily rampant competition ( in the medium/long term i believe serious ASIC operations will see the light ), plus you can invest (wisely) the proceeds of mining into buying new hardware, possibly bulk Avalon chips, and get them mounted, thus keeping up with the difficulty increase.

All valid points also but I guess I'm willing to take my chances with friedcat.

See my edit above, are you a large shareholder ? if that's the case, consider the possibility of hedging your risk.

Actually, minor shareholder (less than 300) here.

Still cool, i would be up also for a partial swap, not the three whole units, maybe only 1 ? are you interested ?

Excuse me I can swap 50 shares for one black avalon, thats my final offer.

Sorry, that's absolutely out of tune. My last offer for un unit is 150, both direct or BTC-TO full shares.

Thank you anyway

EDIT Sorry for going off topic.
hero member
Activity: 518
Merit: 500
Please take the trade deals elsewhere.
member
Activity: 85
Merit: 10
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

I really do hope you find someone to trade for yor devices and soon. Peopl are staring to realize just part of the potential of AM shares. Because if you're buying into AM shares, you're buying a percentage of all mined AM blocks for the next couple years.

I am very biased towards AM right now because hardware right now seem like mining bonds (diminishing returns), whereas ASICMiner is a sustained, scaling source of income (barring Armageddon/govt intervention). The only way Avalon/BFL could match is to send a module every couple of months to upgrade your hardware. (flawed analogy but you get the idea). Plus you get a cut of profit from hardware sales, pretty sure Avalon/BFL isn't doing that.

Thank you, but don't forget that the AM share price can go down as well, and there are a ton of other risks to consider, primarily rampant competition ( in the medium/long term i believe serious ASIC operations will see the light ), plus you can invest (wisely) the proceeds of mining into buying new hardware, possibly bulk Avalon chips, and get them mounted, thus keeping up with the difficulty increase.

All valid points also but I guess I'm willing to take my chances with friedcat.

See my edit above, are you a large shareholder ? if that's the case, consider the possibility of hedging your risk.

Actually, minor shareholder (less than 300) here.

Still cool, i would be up also for a partial swap, not the three whole units, maybe only 1 ? are you interested ?
hero member
Activity: 560
Merit: 500
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

I really do hope you find someone to trade for yor devices and soon. Peopl are staring to realize just part of the potential of AM shares. Because if you're buying into AM shares, you're buying a percentage of all mined AM blocks for the next couple years.

I am very biased towards AM right now because hardware right now seem like mining bonds (diminishing returns), whereas ASICMiner is a sustained, scaling source of income (barring Armageddon/govt intervention). The only way Avalon/BFL could match is to send a module every couple of months to upgrade your hardware. (flawed analogy but you get the idea). Plus you get a cut of profit from hardware sales, pretty sure Avalon/BFL isn't doing that.

Thank you, but don't forget that the AM share price can go down as well, and there are a ton of other risks to consider, primarily rampant competition ( in the medium/long term i believe serious ASIC operations will see the light ), plus you can invest (wisely) the proceeds of mining into buying new hardware, possibly bulk Avalon chips, and get them mounted, thus keeping up with the difficulty increase.

All valid points also but I guess I'm willing to take my chances with friedcat.

See my edit above, are you a large shareholder ? if that's the case, consider the possibility of hedging your risk.

Actually, minor shareholder (less than 300) here.
member
Activity: 85
Merit: 10
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

I really do hope you find someone to trade for yor devices and soon. Peopl are staring to realize just part of the potential of AM shares. Because if you're buying into AM shares, you're buying a percentage of all mined AM blocks for the next couple years.

I am very biased towards AM right now because hardware right now seem like mining bonds (diminishing returns), whereas ASICMiner is a sustained, scaling source of income (barring Armageddon/govt intervention). The only way Avalon/BFL could match is to send a module every couple of months to upgrade your hardware. (flawed analogy but you get the idea). Plus you get a cut of profit from hardware sales, pretty sure Avalon/BFL isn't doing that.

Thank you, but don't forget that the AM share price can go down as well, and there are a ton of other risks to consider, primarily rampant competition ( in the medium/long term i believe serious ASIC operations will see the light ), plus you can invest (wisely) the proceeds of mining into buying new hardware, possibly bulk Avalon chips, and get them mounted, thus keeping up with the difficulty increase.

All valid points also but I guess I'm willing to take my chances with friedcat.

See my edit above, are you a large shareholder ? if that's the case, consider the possibility of hedging your risk.

EDIT : i'm willing to lower the price to 450 shares.
hero member
Activity: 560
Merit: 500
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

I really do hope you find someone to trade for yor devices and soon. Peopl are staring to realize just part of the potential of AM shares. Because if you're buying into AM shares, you're buying a percentage of all mined AM blocks for the next couple years.

I am very biased towards AM right now because hardware right now seem like mining bonds (diminishing returns), whereas ASICMiner is a sustained, scaling source of income (barring Armageddon/govt intervention). The only way Avalon/BFL could match is to send a module every couple of months to upgrade your hardware. (flawed analogy but you get the idea). Plus you get a cut of profit from hardware sales, pretty sure Avalon/BFL isn't doing that.

Thank you, but don't forget that the AM share price can go down as well, and there are a ton of other risks to consider, primarily rampant competition ( in the medium/long term i believe serious ASIC operations will see the light ), plus you can invest (wisely) the proceeds of mining into buying new hardware, possibly bulk Avalon chips, and get them mounted, thus keeping up with the difficulty increase.

All valid points also but I guess I'm willing to take my chances with friedcat.
member
Activity: 85
Merit: 10
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

I really do hope you find someone to trade for yor devices and soon. Peopl are staring to realize just part of the potential of AM shares. Because if you're buying into AM shares, you're buying a percentage of all mined AM blocks for the next couple years.

I am very biased towards AM right now because hardware right now seem like mining bonds (diminishing returns), whereas ASICMiner is a sustained, scaling source of income (barring Armageddon/govt intervention). The only way Avalon/BFL could match is to send a module every couple of months to upgrade your hardware. (flawed analogy but you get the idea). Plus you get a cut of profit from hardware sales, pretty sure Avalon/BFL isn't doing that.

Thank you, but don't forget that the AM share price can go down as well, and there are a ton of other risks to consider, primarily rampant competition ( in the long term i believe serious ASIC operations will see the light ), plus you can invest (wisely) the proceeds of mining into buying new hardware, possibly bulk Avalon chips, and get them mounted, thus keeping up with the difficulty increase in the medium term.

EDIT For someone who already has got a bunch of shares purchased at lower price it might be a very good way to hedge
hero member
Activity: 560
Merit: 500
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

I really do hope you find someone to trade for yor devices and soon. People are staring to realize just part of the potential of AM shares. Because if you're buying into AM shares, you're buying a percentage of all mined AM blocks for the next couple years.

I am very bullish towards AM right now because hardware right now seem like mining bonds (diminishing returns), whereas ASICMiner is a sustained, scaling source of income (barring Armageddon/govt intervention). The only way Avalon/BFL could match is to send a module every couple of months to upgrade hardware. (flawed analogy but you get the idea). Plus you get a cut of profit from hardware sales, pretty sure Avalon/BFL isn't doing that.
member
Activity: 85
Merit: 10
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

What's the market value of the three units (1xbatch#1,2xbatch#2)?

Market value maybe around 250 btc / unit right now, but on eBay they are going for much more. I'll have to resort to ebay that shitty site if no one takes the offer.  
full member
Activity: 173
Merit: 100
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Cheers
Delaria

What's the market value of the three units (1xbatch#1,2xbatch#2)?
sr. member
Activity: 362
Merit: 250

(...) we're speaking about a multi-million company now, not just three guys doing everything from A to Z in their garage! (...)


Does one actually exclude the other?

And does anyone know if there are any employees, or if there are just the three founders? I mean, what they have managed is pretty impressive, and there are good reasons to keep the ship tight and not incur too much overhead if it can be avoided.
full member
Activity: 294
Merit: 100
Any predictions for tomorrow's dividend?
I'm curious as to when AM is going to withhold additional dividends for future growth.

I know they did this some in April (?), but I do not know how much.

I'm rather new to the AM game.

Ian
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
Any predictions for tomorrow's dividend?

Over 9000.
newbie
Activity: 56
Merit: 0
Any predictions for tomorrow's dividend?
member
Activity: 85
Merit: 10
Reiterating my previous offer with better conditions :

I am swapping 3 Avalon units (1xbatch#1,2xbatch#2) with 500 ASICMINER-PT full shares. Anyone up for it ?
My batch 1 already paid out about 150 btc and i'm currently mining at about 0.215 Terahash/sec, getting 8.15 bitcoin daily.
According to my calculations and what i've gathered from other sources, these units should be able to mine at least 400/500 btc roughly before the difficulty goes through the roof.
Looking for constructive criticism, and offers if there are any. People interested can also PM me. Units would be available for local pickup in Europe or an escrow with a hero member of your choice.

Edit : offer reduced to 450 shares

Cheers
Delaria
legendary
Activity: 1512
Merit: 1012
Still wild and free
But then again... friedcat and team most probably will work hard all day. Spending time on secondary things will most probably draw workpower from things that can raise the dividend even higher.

Command, a campain and/or website is a one-person full time job at most, and we're speaking about a multi-million company now, not just three guys doing everything from A to Z in their garage! So try to put things in context.
member
Activity: 75
Merit: 10
But then again... friedcat and team most probably will work hard all day. Spending time on secondary things will most probably draw workpower from things that can raise the dividend even higher.

Well, in my view, thats not a secondary thing.  I can argue some reasons:

1- The most important part of last dividends (if i am not wrong, 2/3) has been hardware selling income.  At this point, we can stat that ASICMINER is mainly a hardware selling enterprise, not a mining one.  However, havent got the best tools to make the sells.

2- Competitors are coming.  Now could be easy to sell hardware, but much harder in the future. Beeing the best seller could be as important as beeing the best miner or the best guy making chips.

3- Setting up a good sales channel is surely easier and faster than manage a ton of blades. 30 th = 3.000 blades? I can imagine how hard is deploy and manage 3000 blades. Now, lets sum 12+50+200 th.  What about mantain 10% of the network when the network scale orders of magnitude? datacenters, wires, deployment, cooling, electricity and all the issues...  

4- But in any case, what i proposed (only a first step) its the simplest and less time-spending solution: run an advertising campaign in the forum.  Almost for test the results.

ASICMINER is the best investment i have done in my lifetime. I have tell my friends about Friedcat, so im a big fan. I wish ASICMINER success, and i guess that success is related with having a good sales channel and having good sales and marketing tools
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