Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1030. (Read 3917568 times)

legendary
Activity: 1512
Merit: 1012
Still wild and free
So keep in mind that this only tracks actual holders of AM shares. Any PT or micro-PT shares won't show dividend transactions since that's up to the original AM share owner to distribute.

There should be 400,000 shares visible from dividends, then the fact that some are used for PT (and therefore dividends are transfered to other persons) does not change anything here.
legendary
Activity: 1442
Merit: 1001
So keep in mind that this only tracks actual holders of AM shares. Any PT or micro-PT shares won't show dividend transactions since that's up to the original AM share owner to distribute.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
This is pretty useless since the transactions are split up in multiple parts.
(It was divided in 6 parts at the first dividend actually Wink)

I merged all 6 transactions into this sheet... can you find one I missed?
sr. member
Activity: 322
Merit: 252
This is pretty useless since the transactions are split up in multiple parts.
(It was divided in 6 parts at the first dividend actually Wink)

Edit:
I know that it started with 11 shareholders of 5k+, 21 holders had 1k+ shares, and 243 had < 1k shares.
At that point the # shares were ~163.5k Smiley
legendary
Activity: 1512
Merit: 1012
Still wild and free
You can do Data -> Sort range... then sort by Column C, Z -> A, and everybody can see
its relative position among share holders.
legendary
Activity: 1512
Merit: 1012
Still wild and free
hero member
Activity: 518
Merit: 500
I have no idea... maybe AM bought back shares over time? Who knows?

Well a simple check... do you see your address listed?   If not... what address are your satoshies sent from?  Maybe he has the PT's on a different transaction?

Mine is in the same batch.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
I have no idea... maybe AM bought back shares over time? Who knows?

Well a simple check... do you see your address listed?   If not... what address are your satoshies sent from?  Maybe he has the PT's on a different transaction?
hero member
Activity: 518
Merit: 500
It's likely that AM sends divs in more than one batch.

From what I know all satoshies are sent from 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF, is this not true?

Really cool! Where/how did you get the data about transactions? I guess you didn't do it by hand  Smiley

I dug through information on the blockchain and copy pasted stuff mostly.

I have no idea... maybe AM bought back shares over time? Who knows?
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
It's likely that AM sends divs in more than one batch.

From what I know all satoshies are sent from 115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF, is this not true?

Really cool! Where/how did you get the data about transactions? I guess you didn't do it by hand  Smiley

I dug through information on the blockchain and copy pasted stuff mostly.
legendary
Activity: 1512
Merit: 1012
Still wild and free
So I think I messed up... but maybe someone can find my mistake...

I tried to take all the satoshi transactions that appeared on 5/29/2013 and put them into a spreadsheet.  When I did this however the total number of shares came out to be 64,459 which means... im missing some... right?

Some cool things came out:

1) There are 298 direct shareholders
2) The mean number of shares held is 216 shares
3) The most common number of shares to hold is 10
4) The largest holder of shares (in one address) holds 12590 shares

THESE NUMBERS MAY BE WRONG!!!! I only could account for 64,459 shares... can someone find the ones I am missing or explain why I can not find them?

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

Really cool! Where/how did you get the data about transactions? I guess you didn't do it by hand  Smiley
hero member
Activity: 518
Merit: 500
So I think I messed up... but maybe someone can find my mistake...

I tried to take all the satoshi transactions that appeared on 5/29/2013 and put them into a spreadsheet.  When I did this however the total number of shares came out to be 64,459 which means... im missing some... right?

Some cool things came out:

1) There are 298 direct shareholders
2) The mean number of shares held is 216 shares
3) The most common number of shares to hold is 10
4) The largest holder of shares (in one address) holds 12590 shares

THESE NUMBERS MAY BE WRONG!!!! I only could account for 64,459 shares... can someone find the ones I am missing or explain why I can not find them?

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

It's likely that AM sends divs in more than one batch.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
So I think I messed up... but maybe someone can find my mistake...

I tried to take all the satoshi transactions that appeared on 5/29/2013 and put them into a spreadsheet.  When I did this however the total number of shares came out to be 64,459 which means... im missing some... right?

Some cool things came out:

1) There are 298 direct shareholders
2) The mean number of shares held is 216 shares
3) The most common number of shares to hold is 10
4) The largest holder of shares (in one address) holds 12590 shares

THESE NUMBERS MAY BE WRONG!!!! I only could account for 64,459 shares... can someone find the ones I am missing or explain why I can not find them?

https://docs.google.com/spreadsheet/ccc?key=0Am3MH7b0EM3adG56N1VzZzdtNXRZSkdOOXcxbGx0TXc&usp=sharing
hero member
Activity: 784
Merit: 501
I wonder how much the shares are spread, ie how many different people are actually holding them. Any way to get a rough feeling about that?

EDIT: I guess one could track the transactions that are paying dividends and counts the number of addresses

Yeah, good idea, that'd work.

Looking at some of the auctions here some IPO people still hold thousands of shares. There'd be dozens who'd have a few hundred, then on down to the folk like me who got in a bit later. With the 1/100 pass throughs there'd now be a few thousand shareholders, I'd imagine, though strictly speaking 1/100 pass throughs aren't really AM shares.

Literally, owners of PT shares aren't shareholders, the issuers of PT's instead are.

PT's are derivatives from what I understand.

The point is moot though, you get just about the same dividend as the true shareholders get (minus a fee) and the price follows the price of the true shares.

You only don't have voting rights.

There are advantages, PT's are way faster to sell. No hassle with auctions and escrow payments.
member
Activity: 101
Merit: 10
I wonder how much the shares are spread, ie how many different people are actually holding them. Any way to get a rough feeling about that?

EDIT: I guess one could track the transactions that are paying dividends and counts the number of addresses

Yeah, good idea, that'd work.

Looking at some of the auctions here some IPO people still hold thousands of shares. There'd be dozens who'd have a few hundred, then on down to the folk like me who got in a bit later. With the 1/100 pass throughs there'd now be a few thousand shareholders, I'd imagine, though strictly speaking 1/100 pass throughs aren't really AM shares.

Literally, owners of PT shares aren't shareholders, the issuers of PT's instead are.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
I wonder how much the shares are spread, ie how many different people are actually holding them. Any way to get a rough feeling about that?

EDIT: I guess one could track the transactions that are paying dividends and counts the number of addresses

Yeah, good idea, that'd work.

Looking at some of the auctions here some IPO people still hold thousands of shares. There'd be dozens who'd have a few hundred, then on down to the folk like me who got in a bit later. With the 1/100 pass throughs there'd now be a few thousand shareholders, I'd imagine, though strictly speaking 1/100 pass throughs aren't really AM shares.
legendary
Activity: 1512
Merit: 1012
Still wild and free
I wonder how much the shares are spread, ie how many different people are actually holding them. Any way to get a rough feeling about that?

EDIT: I guess one could track the transactions that are paying dividends and counts the number of addresses
legendary
Activity: 980
Merit: 1008
I'm tracking the solo mining hash rate on my site. I have a chart with 24-hour, 3-day, 7-day and all-time average: http://runeks.dk/bitcoin/

It's important for everyone to understand that you (and most others who generate this type of data) are tracking an EXTRAPOLATED hash rate based on the rate of found blocks over time... since luck/variance will affect the calculation (especially with short timeframes like 24 hours or less), it would be better to describe this as "blocks found over time" instead of "hash rate" so people don't fall into the trap of thinking that hardware is being taken online and offline for whatever reason, since this seems to just fuel needless speculation.
You're right. I've actually thought about this previously, that these charts should explicitly say "hash rate estimate". I'm going to fix that now.

When dividends are paid out, is the address the solo mined coins go into zeroed out?  Or in general, can you explain in a little detail the second graph and how you get the info for it?
The way I calculate this is as follows:

Every time a new ASICMiner block comes in, I add the mined amount to the present amount mined. Every time I receive a dividend payout to my shareholder address, the number of coins ASICMiner has mined since the last dividend payout is zeroed.

So for every ASICMiner solo block that comes in, total coins mined since last dividend payout gets incremented by the block reward. And when I receive a dividend payout to my address, this cumulative amount is set to zero, and we start over.

Quote
I remember previously when looking at your charts the two lines would diverge... why would they ever diverge?  Hell, why have the two lines?  Shouldn't they... in a way... show the exact same thing?  Or is there something I am missing here that would cause a difference in mined vs. mined per share?
Right. They did that. The only reason they would diverge is if the units on the right vertical axis don't correspond to the units on the left vertical axis divided by 400,000. This was the case before because Google Spreadsheet charts adjust the range automatically, and one axis was adjusted while the other wasn't. The amounts were still correct.

The reason there are two lines is so that I don't have to create the right vertical axis and adjust it manually. When there are two lines, one for the left vertical axis and one for the right vertical axis, the units on the axes are automatically adjusted when the cumulative mining dividend increases.
sr. member
Activity: 322
Merit: 252
When dividends are paid out, is the address the solo mined coins go into zeroed out?

If that's really the case then this is the income/share meter Tongue




*Note that costs for labour/electricity etc. have to be subtracted from this - Updates about every hour.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Hashrate is still ~21 TH/s... didn't it go up to around 28 a day or two ago, or did I dream that??

Not dreaming, you can see it on http://www.asicminercharts.com.

I do not know if it was a test run deploying new kit. I've noticed in the past when the hash rate goes up to a new high it tends to come down again before retracing up again. It looks like it's climbing now.

Variance. I'll try to get time to post a chart which should provide a better indication of hashrate than a daily average.
I'm tracking the solo mining hash rate on my site. I have a chart with 24-hour, 3-day, 7-day and all-time average: http://runeks.dk/bitcoin/



The 24-hour average did climb, but it was probably just a streak of good luck. The 3-day and 7-day averages are all climbing though. It's clear that ASICMiner has added hashing power to solo mining in the past week. But the 24-hour average (much less the 12- and 6-hour average) aren't reliable estimates of the hash rate.

This is only an estimate of the solo hash rate though. You need to add 7 Thash on top of that from BTCGuild. So a good bet is that they're hashing at around 25 Thash/s in total.

A more interesting figure though, is the coins mined since last dividend payout. This is what's really relevant to shareholders. It's already above the level at the previous pay, Wednesday last week, so it's fairly certain that they've added extra hashing power to solo mining:



Again, these charts are only for solo mining. So add another 40% on top of that from BTCGuild. I'm counting on ASICMiner going 100% solo, so I'm not adding a tracker for BTCGuild. But I'm not sure whether than has been announced or not.

When dividends are paid out, is the address the solo mined coins go into zeroed out?  Or in general, can you explain in a little detail the second graph and how you get the info for it?  I remember previously when looking at your charts the two lines would diverge... why would they ever diverge?  Hell, why have the two lines?  Shouldn't they... in a way... show the exact same thing?  Or is there something I am missing here that would cause a difference in mined vs. mined per share?

Like what's his name has pointed out twice now, since we know exactly how many coins are mined, people really need to ignore hashrate... and I need to better understand this second chart.
Jump to: