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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1128. (Read 3917058 times)

g83
sr. member
Activity: 448
Merit: 250
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If 1 share is actually worth about 50 MH/s - why is it they cost about 1.20 and everybody shouting they're totally undervalued Huh?

1 Avalon Miner for about 100 Btc = ca. 83 Shares =  85 GH vs. 4.15 GH....

anybody here can follow this calculation ? or is thery something i missed?
legendary
Activity: 1064
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Right now one share equals how many mhash?

18850 GH/s / 400000 shares = 47.125MH/s / share Smiley
But it's rising every second  Wink

Youre right. Last time I checked the math was 45/share   Cool
sr. member
Activity: 434
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member
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Hmm, where do you see 19TH? i see only 14TH on btcguild  Huh
sr. member
Activity: 322
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Right now one share equals how many mhash?

18850 GH/s / 400000 shares = 47.125MH/s / share Smiley
But it's rising every second  Wink
legendary
Activity: 1064
Merit: 1000
Right now one share equals how many mhash?
sr. member
Activity: 322
Merit: 252
Somethings not fully right with this calculations

Last week we would have gotten 50% more dividend but it was like the week before because some investments was done. The stat shows even less dividend than was paid. So we got nearly the same dividend like a week before. Now we have more than double the hashrate than we had 2 weeks before. This should lead to a double dividend than 2 weeks before. The stat isnt showing this. Im not sure but i think something has to be fixed there. But its an interesting stat once it will work correctly... thanks for the work...

1. I've just created that sheet.. and working on it.. patient please Wink
Rome isn't built in 10 seconds  Tongue

2. I've never released that link anywhere. (and maybe never will) So can you please remove it until it works fine? Smiley

3. I don't get what you mean by 'This should lead to a double dividend than 2 weeks before.' because the graph already shows that the dividend from mining income will probably be almost 2x higher.

Of course this sheets doesn't include the income from auctions, or the BTC's needed for investment....
Friedcat is the one who decides when and what's gonna be paid, and I can't read his mind. Until now I'm very happy with his decisions Smiley
The sheet is just to give an estimation of the mining income from ASICMINER, no more no less.
But since it's dependent on so many factors, it will never be exact..

*Nothing personal Wink , it's just that you share a link which i've never given to someone / released, and then going to bash about it that it's wrong..
legendary
Activity: 2674
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Link taken out... its working on still... Smiley
legendary
Activity: 4256
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'The right to privacy matters'
Fifth  if bitcoins do not crash but the network goes to 300Th  you can mine other coins. the usb can not mine other coins.

Thats not correct i think. The asics use sha-256 and many other coins use this too. There isnt only litecoin as alternate cryptocurrency. Today the exchange rate isnt as good as yesterday but there are many other coins that could be mined with sha-256. Terracoin, PPCoin, Freicoin, Bytecoin, Namecoin, IXCoin and Devcoin. And yesterday there were some of these coins way more profitable than mining litecoins. So its not a disadvantage that big.


yeah it is not the biggest plus for gpus it is why I put it lower on the list.

 hey don't get me wrong I am still buying asicminer shares. they are better then bfl vaporware
hero member
Activity: 560
Merit: 500
Another big deployment today brought us to around 19 TH/s Smiley

Its so sweet that it finally works out like planned. Thanks friedcat and team for the work! Smiley

Huzzah!! In friedcat we trust!
hero member
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bitcoin hundred-aire
Another big deployment today brought us to around 19 TH/s Smiley
legendary
Activity: 2674
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Fifth  if bitcoins do not crash but the network goes to 300Th  you can mine other coins. the usb can not mine other coins.

Thats not correct i think. The asics use sha-256 and many other coins use this too. There isnt only litecoin as alternate cryptocurrency. Today the exchange rate isnt as good as yesterday but there are many other coins that could be mined with sha-256. Terracoin, PPCoin, Freicoin, Bytecoin, Namecoin, IXCoin and Devcoin. And yesterday there were some of these coins way more profitable than mining litecoins. So its not a disadvantage that big.
legendary
Activity: 2271
Merit: 1363
anyhow... right now it looks like AM will sell at most 1200 of these USB miners... what will happen to the rest? (8800 pieces)

Well since you have contact with every person who directly messaged friedcat in regard of this miners this 1200 are final, am i right?
sr. member
Activity: 406
Merit: 250
anyhow... right now it looks like AM will sell at most 1200 of these USB miners... what will happen to the rest? (8800 pieces)
legendary
Activity: 1288
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Away on an extended break
i can't help but wonder if the share price is being effected by the reaction to the whole 1.99 usb miner thing. lot of people were caught of guard by that, to say the least.

USB miners has roughly the same hashing power at a fraction of the size and power usage. If they don't want them, they can stick with their GPUs and all their issues.

  I consider this to be wrong.  I have a problem with the usb miners over gpus for a few reasons.

 First they encourage power theft  this is bad for asicminer since they built a device that can steal power to make money.  to me this may cause a lot of problems.

 Second i purchased a hd7790 for 113 usd  the usb stick is about 220 usd   107 dollars cheaper for the gpu card.

Third  the 7790 pulls 80 watts to hash at 300Mh/s  the usb stick pulls 2.5 watts  so lets say   80 watts difference . this is 2 kwatts a day  New Jersey cost = 32 cents  for 2 kwatts.  This will take about 334 days or 11 months to be 107 dollars.  So the 'free' power of the stick in the usa will not help you for 11 months against the hd7790.  

Fourth if bitcoins crash the hd7790 is a working piece of gear with value.

Fifth  if bitcoins do not crash but the network goes to 300Th  you can mine other coins. the usb can not mine other coins.

Sixth  the stick will cost more then 220usd since resellers will charge more to make profit.  Resellers may ask 300 usd.



So frankly The usb stick has lots of downside issues.

It does have upside

1) It will bring in other miners and new people.

2) It is small



  I really fear people stealing power with it getting caught and giving bitcoins (asicminer) a black eye


Well, as someone having maintained a GPU farm for a couple of months last time, I can say that having 3GH in the form of USB sticks is vastly preferred over 3GH in GPU's. The heat, frequent maintenance, electricity required (imagine drawing so much power that you flipped the fuse), and the empty space required is a massive upgrade - that's why FPGA's are highly priced despite the lower hash/price ration.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
My view is that the recent and coming increases in hashrate will not affect the shareprice much until they feed through into noticeably higher dividends and that even then it may be dampened by a lack of natural demand. There are however a lot of natural sellers, as holders wishing to diversify do so.

Yes, for those like me who'd like to add to their small position but aren't in a position to do so yet I selfishly hope that AM flies under the radar for a while longer.

I look at where AM is today and oscillate between:

  • This is too good to be true; and
  • I've missed something and must be horribly mistaken.

Yeah I think the same.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
i can't help but wonder if the share price is being effected by the reaction to the whole 1.99 usb miner thing. lot of people were caught of guard by that, to say the least.

USB miners has roughly the same hashing power at a fraction of the size and power usage. If they don't want them, they can stick with their GPUs and all their issues.

  I consider this to be wrong.  I have a problem with the usb miners over gpus for a few reasons.

 First they encourage power theft  this is bad for asicminer since they built a device that can steal power to make money.  to me this may cause a lot of problems.

 Second i purchased a hd7790 for 113 usd  the usb stick is about 220 usd   107 dollars cheaper for the gpu card.

Third  the 7790 pulls 80 watts to hash at 300Mh/s  the usb stick pulls 2.5 watts  so lets say   80 watts difference . this is 2 kwatts a day  New Jersey cost = 32 cents  for 2 kwatts.  This will take about 334 days or 11 months to be 107 dollars.  So the 'free' power of the stick in the usa will not help you for 11 months against the hd7790.  

Fourth if bitcoins crash the hd7790 is a working piece of gear with value.

Fifth  if bitcoins do not crash but the network goes to 300Th  you can mine other coins. the usb can not mine other coins.

Sixth  the stick will cost more then 220usd since resellers will charge more to make profit.  Resellers may ask 300 usd.



So frankly The usb stick has lots of downside issues.

It does have upside

1) It will bring in other miners and new people.

2) It is small



  I really fear people stealing power with it getting caught and giving bitcoins (asicminer) a black eye

legendary
Activity: 2674
Merit: 1083
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My view is that the recent and coming increases in hashrate will not affect the shareprice much until they feed through into noticeably higher dividends and that even then it may be dampened by a lack of natural demand. There are however a lot of natural sellers, as holders wishing to diversify do so.

Yes, for those like me who'd like to add to their small position but aren't in a position to do so yet I selfishly hope that AM flies under the radar for a while longer.

I look at where AM is today and oscillate between:

  • This is too good to be true; and
  • I've missed something and must be horribly mistaken.

Check out this for your nerves and confidence... Smiley https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=7
legendary
Activity: 1176
Merit: 1001
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My view is that the recent and coming increases in hashrate will not affect the shareprice much until they feed through into noticeably higher dividends and that even then it may be dampened by a lack of natural demand. There are however a lot of natural sellers, as holders wishing to diversify do so.

Yes, for those like me who'd like to add to their small position but aren't in a position to do so yet I selfishly hope that AM flies under the radar for a while longer.

I look at where AM is today and oscillate between:

  • This is too good to be true; and
  • I've missed something and must be horribly mistaken.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
i can't help but wonder if the share price is being effected by the reaction to the whole 1.99 usb miner thing. lot of people were caught of guard by that, to say the least.

USB miners has roughly the same hashing power at a fraction of the size and power usage. If they don't want them, they can stick with their GPUs and all their issues.

yea, i know. i'm not complaining about it. heck, i'm organizing a group buy of em. but you can't deny it surprised a lot of people, and not in a good way. that kind of thing strikes me as exactly the sort of thing that effects the sentiment around a stock.

Its strange, yes. I mean the selling of the erupter blades shoot up the share price to 150% even though the earnings of this could only be some percent more the next week in overall. Now everyone thinks the USB erupter are priced too high... and the asicminer share price is slowly dropping.
The stupid thing about this is... the hashrate doubled... we will get the double dividend tomorrow (except new investments have to be done). So the dividend doubles and the shareprice goes down? And the dividend will grow by some small percent and the shareprice goes to 150%?
That doesnt sound thought through actually. Maybe many traders can think of Asicminer only as a seller of Asicminerhardware.
The better for people that have spare bitcoins now...
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