Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1047. (Read 3917543 times)

I think Luke-Jr might be worrying about the same thing I'm looking at for some time: there's a huge backlog of dust and low/no-fee transactions waiting to be confirmed (see: http://blockchain.info/fr/unconfirmed-transactions). Unless some miner gives priority to the ASICMINER share confirmation dust it will have a hard time coming through (the dividends should be fine as Luke-Jr corrected later).
These unconfirmed transactions are still growing and slow down some bitcoind operations unless you upgrade to 0.8.2rc3 or later. It seems 0.8.2rc3 can handle these transactions given that you have enough memory and its default setting will ignore a sizable part of it.

I didn't study these transactions but I wonder if someone wants us to strengthen the network against this kind of DoS attack by doing the attack (generating huge amounts of dust) in a progressive and controlled way to force devs to solve the problem (done pending stable release) and miners to upgrade (in progress even without stable release) without disturbing the network too much. In the current situation, it seems to me that some individual with Bitcoins to spare and a modified client can slow <=0.8.1 nodes to a crawl at will by generating dust in very large quantities. If I'm right the people/individual behind the "benign DoS attack" are/is actually doing us a huge service.

AFAIK, this is speculation because friedcat has neither confirmed or denied that he would exchange the NMC for BTC.
May be true, may be wrong...

      Why are we still on Guild but not BitMinter?     

BitMinter gives us precious Namecoins (worth an extra 6%) and has lower (1% vs 3%) fees!

      That adds up to 8% less profit.      

Okay thank you Matt.

Yes it is, and displaying only friedcat's posts will give you a more digest version of the news.

About the plans themselves, basically, he will probably adapt and enable more hashrate as soon as the competition starts following just a little bit (thinking Avalon [machines and chips] here, not Bullshit, Fallacies and Lies...)

Hi guys. Could someone help a dude out and let me know what the upcoming ASICMINER plans are to bring more mining hardware online?  I've been reading mention of 200 TH or something massive like that . Is this thread where it would be announced? It's not mentioned in the OP and don't want to sift through 300+ pages of thread. Thanks.

this is not the place to discuss your bets on share value. this thread should be about friedcats operations and resulting dividends. isnt there some place in this forum you can go for speculation and betting? maybe in the pt threads?

I think in the short term the price run-up is almost over. Early investors are thinking the price is pretty good now and are still divesting part of their holdings. New investors only have so much coin they can put in. That puts an anchor on the price. So short-term most of the value has been realized.

My research is ongoing. I need to spend some time developing a model for deducing the long-term value. The market is a bit artificial at the moment as the relative lack of competition won't last forever. What is sure is that new generations of tech will appear over the next few years, until ASICs approach the complexity of modern CPUs. At that point I think ASICs will reach total commoditization and there might be a handful of brand-name makers (3 or 4) and a slew of 'whitebox' makers. If bitcoin gets truly big and successful I can see a tech giant like Intel or AMD might think it's worth getting into the market. At that stage AM might have pivoted off in another direction, having already done well during the growth phase of ASICs.

I am looking to hold and re-invest for a couple of years if all goes well. I think long term, while anything could happen, it's riskier to bet against friedcat than not.

You will get answer only from people who sold already thus estimated 2.5 maximum value.
And You will get plenty 'sky is the limit' answers from people who yet are about to sell

 okay lets say you have 10 shares  cost you 15 coins.

 list  5 at 2.8 sell for 14 coins. cost for the 5 shares you have  = 1 coin do nothing but collect dividends on the 5 shares.

in a few months time cash the dividends .  once they get to 1 coin. 

you will now have 5 free shares of am stock

Looking for a bit more than that.

Has ASICMINER moved in a new direction? Is it planning on acquiring new business? How is it evolving and what do you base your valuation on?

Very hard to estimate based on the forum and research.

I got in at 1.5 per share, and am thinking about selling at this point.

Can someone offer some projections based in fact? All I'm reading is about good dividends (good news) but share price has been pretty stable the past week and doesn't show much trade volume, what is going to change?

How long are some of you thinking of holding for?

Tomorrow; the transaction usually gets initiated around 12pm EST.

After about 24h   _{(sometimes a few hours earlier, sometimes a few hours later)}

When is it dividends are paid?

What a troll. BFL coming up empty making your ass hurt?

I'm expecting dividends to be delayed this week.

Edit: Nevermind, this is still a bit premature as most of the network is running 0.8.1.
Also, someone pointed out to me that the dust spam is sent separately from dividends, so it shouldn't matter for the real BTC

It will be interesting to see what the strategy is with hardware sales.

I think philip has the right idea - when sales dry up at a price point, take the product off the market for a short period, then bring it back at a lower price. This has a couple of positive effects:

- early adopters don't feel they got burned by the falling price (they had a chance to make money when supply was turned off)
- new buyers feel like they are getting a bargain

At any time a buyer will feel that they are getting a certain first-mover advantage by acting now, which is what AM want - happy customers.

When other suppliers have products to ship in volume the strategy will have to change to commodity-style pricing.

BTW I think .025 is a realistic dividend for this week. I'd be very surprised if more than 15 blades were sold this week, just by gauging the level of interest in the blade sales thread. However the figure may be pushed up if there were some sales from the previous week that weren't counted until this week. We don't know about off-forum sales of USB sticks, so there could be some unexpected upside there. But .025 looks achievable.

It seems that Bitfountain have been putting effort into boosting the hash rate this week, so perhaps in the next few weeks there will be somewhat higher returns from the farm.

Or make it an auction again, they went pretty good

_{Maybe a bundle of 1 blade + 3 sticks @ BTC55}

I think 2.9 to 3.1 can happen.   

Blades and sticks are over priced.  I know it is a balancing act but  I can buy hd7790's at 130USD vs 240USD for a stick   they hash the same rate.  the hd7790 burns 32 cents (at 16 cents a k-watt) a day in 100 days that is 32usd in 200 days that  is 64usd in 300 days that is 96usd

So after 300 days I am still better off with the hd7790.  As I spent 130 plus 96 = 226 vs 240 usd.

 I also still have a video card worth 30 to 50 usd.

 The sticks don't sell fast any more.  Lowering the limit to  50 closed out some sales but they were lingering for more then a week just to get to 193 sticks.

So stop sales for 1 week to 10 days to  get people nervous then drop the price to 1.5 coins.

 Since we have lots of hash power on ice  selling sticks at a lower price brings in money And allows us to have more solo hash.