Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1075. (Read 3917543 times)

Quote from: 237 on May 21, 2013, 06:02:22 PM

Fee's mostly.

Yeah helpfull answer..
Someone care to explain, pros and cons from buying from one or the other?

What did you want? Someone to hold your hand while you browsed? Lol.

Go read each funds prospectus...the fee's are explained.

TL;DR ASICMiner-PT has no fee's, all the others have 5% or so fee's.

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Ah was referring to the deleted post with a lot of ...'s but that works
Interesting new trust bar

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: freedomno1 on May 21, 2013, 05:46:08 PM

Looks like a pyramid

Definately a pyramid. And to keep it plausible they created ASICs on the way, which they ship all over the world and have bought
80k 7950s to produce the fake hashrate over months Wink

Lmao pyramid..

237

sr. member

Activity: 264

Merit: 250

Quote from: freedomno1 on May 21, 2013, 05:46:08 PM

Looks like a pyramid

Definately a pyramid. And to keep it plausible they created ASICs on the way, which they ship all over the world and have bought
80k 7950s to produce the fake hashrate over months Wink

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Looks like a pyramid

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: aahzmundus on May 21, 2013, 04:42:28 PM

Quote from: fredtrader on May 21, 2013, 04:35:49 PM

Quote from: aahzmundus on May 21, 2013, 04:26:54 PM

Quote from: Lauda on May 21, 2013, 03:50:15 PM

Fee's mostly.

Yeah helpfull answer..
Someone care to explain, pros and cons from buying from one or the other?

One sells whole shares, one sells partial shares. Burnside's has been operational longer... and takes less in fees. TAT is newer, but the smaller units let you take advantage of compounding interest in a way with dividend reinvestment, although TAT has higher fees.

Personally I have holdings in DIRECT shares, Burnside, and TAT. I avoided Bitfunder because I do not like their system...

How does one get hold of direct shares?
So which has proven to pay out more?

They all pay the same except TAT which charges a 5% fee.

Direct shares are purchased OTC from someone who holds them, look in the marketplace for an Auction, Usually if someone is holding an auction they post here notifying people. Unless you have 50+btc to invest, stick to the PT at BTCT. Direct shares are for bigger players with larger holdings (usually people who got in early, and cheep). Direct share transfers are done manually by friedcat... and usually involve escrow, so they can take days to a week to do a trade. If you go onto BTCT you can get shares in less then an hour.

Burnside's PT will pay out more, but TAT still again has the advantage if you plan to use dividend reinvestment, or cant afford a full share.

Thanks a lot, this is what I needed to know for now.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Is there a place where you can get info about obtaining ASICminer shares?

You might check out the last link in my sig... comparison of AM-Shares and so on... there are the diffs you search...

SmiGueL

sr. member

Activity: 322

Merit: 252

Because the API from Blockchain.info isn't working yet (I've asked them for a fix in their topic) I'm updating my charts with the 'Known blocks' info on their Pools page:
http://blockchain.info/pools
_{Mined blocks by Asicminer divived by total mined blocks = network percentage of Solomining}
_{There are about 10% Unknown mined blocks not included in this list, but these compensate with the fact that the network is mining more than 144 blocks/day because of the 'delayed' difficulty.}

Added to all the other pools gives a total hashrate of ~22 TH/s

_{I know the values from solomining are not 100% exact, and can theoretically be way off from the actual hashrate.
But in the end it are the mined blocks that counts, so using the mined blocks to estimate the hashrate isn't a bad idea at all}

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

Quote from: fredtrader on May 21, 2013, 04:35:49 PM

Quote from: aahzmundus on May 21, 2013, 04:26:54 PM

Fee's mostly.

Yeah helpfull answer..
Someone care to explain, pros and cons from buying from one or the other?

One sells whole shares, one sells partial shares. Burnside's has been operational longer... and takes less in fees. TAT is newer, but the smaller units let you take advantage of compounding interest in a way with dividend reinvestment, although TAT has higher fees.

Personally I have holdings in DIRECT shares, Burnside, and TAT. I avoided Bitfunder because I do not like their system...

How does one get hold of direct shares?
So which has proven to pay out more?

They all pay the same except TAT which charges a 5% fee.

Direct shares are purchased OTC from someone who holds them, look in the marketplace for an Auction, Usually if someone is holding an auction they post here notifying people. Unless you have 50+btc to invest, stick to the PT at BTCT. Direct shares are for bigger players with larger holdings (usually people who got in early, and cheep). Direct share transfers are done manually by friedcat... and usually involve escrow, so they can take days to a week to do a trade. If you go onto BTCT you can get shares in less then an hour.

Burnside's PT will pay out more, but TAT still again has the advantage if you plan to use dividend reinvestment, or cant afford a full share.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: aahzmundus on May 21, 2013, 04:26:54 PM

Fee's mostly.

Yeah helpfull answer..
Someone care to explain, pros and cons from buying from one or the other?

One sells whole shares, one sells partial shares. Burnside's has been operational longer... and takes less in fees. TAT is newer, but the smaller units let you take advantage of compounding interest in a way with dividend reinvestment, although TAT has higher fees.

Personally I have holdings in DIRECT shares, Burnside, and TAT. I avoided Bitfunder because I do not like their system...

How does one get hold of direct shares?
So which has proven to pay out more?

They all pay relatively the same dividends. The TAT ones withhold 5% of dividends as a management fee. However, please note that this is 5% of divs, not 5% of share value. It would take like a year in 5% div fees to get to 5% of share value, possibly longer.

That is a math detail I've been meaning to clear up. Please take the time to actually figure out how much 5% div fees might cost before ignoring TAT shares. Sometimes getting a TAT share 1% cheaper than elsewhere can erase the worry of 5% div fees for the short term. I know it's a little complicated, but do the math and you'll see what I mean!

fredtrader

newbie

Activity: 56

Merit: 0

Quote from: aahzmundus on May 21, 2013, 04:26:54 PM

Quote from: aahzmundus on May 21, 2013, 04:26:54 PM

Fee's mostly.

Yeah helpfull answer..
Someone care to explain, pros and cons from buying from one or the other?

One sells whole shares, one sells partial shares. Burnside's has been operational longer... and takes less in fees. TAT is newer, but the smaller units let you take advantage of compounding interest in a way with dividend reinvestment, although TAT has higher fees.

Personally I have holdings in DIRECT shares, Burnside, and TAT. I avoided Bitfunder because I do not like their system...

How does one get hold of direct shares?
So which has proven to pay out more?

They all pay the same except TAT which charges a 5% fee.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Fee's mostly.

Yeah helpfull answer..
Someone care to explain, pros and cons from buying from one or the other?

One sells whole shares, one sells partial shares. Burnside's has been operational longer... and takes less in fees. TAT is newer, but the smaller units let you take advantage of compounding interest in a way with dividend reinvestment, although TAT has higher fees.

Personally I have holdings in DIRECT shares, Burnside, and TAT. I avoided Bitfunder because I do not like their system...

How does one get hold of direct shares?
So which has proven to pay out more?

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

Fee's mostly.

Yeah helpfull answer..
Someone care to explain, pros and cons from buying from one or the other?

One sells whole shares, one sells partial shares. Burnside's has been operational longer... and takes less in fees. TAT is newer, but the smaller units let you take advantage of compounding interest in a way with dividend reinvestment, although TAT has higher fees.

Personally I have holdings in DIRECT shares, Burnside, and TAT. I avoided Bitfunder because I do not like their system...

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.