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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1180. (Read 3917543 times)

hero member
Activity: 667
Merit: 500
And so? 600btc isn't that much...
600BTC + deployment of additional 12TH very soon. These will basically triple the dividend in the coming weeks.

And so? That alone, tripling the dividend from .007 to .021, is still way too insignificant to justify 1 BTC per share. At best you will see .021 for a few weeks... there are literally hundreds of Thash/s about to be deployed by the competition (the 100TH project, Avalon OEM chip sales, Avalon batches 2 & 3, BFL... eventually).

Pretty quickly, your .021 dividend is going to fall back to .007 or so. Even friedcat himself has said he only expects to represent ~10% of the global hashrate (that means a .0063 BTC dividend).

I have said it before that AM shares were overpriced (back when friedcat had no plan to extend beyond 50 Thash/s, and no plan to sell hardware). The fact that friedcat announced a plan to extend to 200+ Thash/s, and to sell hardware, re-valued ASICMINER in my eyes, but at the same time the landscape of the competition has also suddenly become a lot more active.


friedcat had "no plan to sell"  and "no plan to expand" ?   I think you need to check your info,  this is a company that designs and builds ASICS for self mining and for sale,  and this is just the beginning,  as far as i know,  that was always "the plan" and thats why we are here.

mrb
legendary
Activity: 1512
Merit: 1028
And so? 600btc isn't that much...
600BTC + deployment of additional 12TH very soon. These will basically triple the dividend in the coming weeks.

And so? That alone, tripling the dividend from .007 to .021, is still way too insignificant to justify 1 BTC per share. At best you will see .021 for a few weeks... there are literally hundreds of Thash/s about to be deployed by the competition (the 100TH project, Avalon OEM chip sales, Avalon batches 2 & 3, BFL... eventually).

Pretty quickly, your .021 dividend is going to fall back to .007 or so. Even friedcat himself has said he only expects to represent ~10% of the global hashrate throughout 2013 (that means a .0063 BTC dividend on average).

I have said it before that AM shares were overpriced (back when friedcat had no plan to extend beyond 50 Thash/s, and no plan to sell hardware). The fact that friedcat announced a plan to extend to 200+ Thash/s, and to sell hardware, re-valued ASICMINER in my eyes, but at the same time the landscape of the competition has also suddenly become a lot more active.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile

Do yourself, and everyone here a favor and actually run the math for likely divs. You'll see the price is nowhere near justified, unless you think BTC will hit like $300 soon....

USD price of Bitcoin has nearly no impact on the price of ASICMiner shares.

I feel like the bitcoin world suddenly acquired a huge set of blinders this week...

Why do you think so? As the bitcoin-exchange-price crashed it did nothing to the shareprice. Its normal because the shareprice is in BTC too and the mined BTC doesnt change. Even the selling of miners arent affected with the exchange-price because the investment in BTC has to come back in BTC.
hero member
Activity: 560
Merit: 500
Well those thinking that prices are just a momentary hike, please feel free to sell. Others thinking that share prices will rise, do yourself a favor and buy some. Everyone is entitled to their opinion. Time will tell who's right or not.
hero member
Activity: 518
Merit: 500

Do yourself, and everyone here a favor and actually run the math for likely divs. You'll see the price is nowhere near justified, unless you think BTC will hit like $300 soon....

USD price of Bitcoin has nearly no impact on the price of ASICMiner shares.

I feel like the bitcoin world suddenly acquired a huge set of blinders this week...
legendary
Activity: 1806
Merit: 1003

Do yourself, and everyone here a favor and actually run the math for likely divs. You'll see the price is nowhere near justified, unless you think BTC will hit like $300 soon....

USD price of Bitcoin has nearly no impact on the price of ASICMiner shares.
legendary
Activity: 1288
Merit: 1227
Away on an extended break
Dividends thus far:

Div Pay Dates     Div/Share
02/29 (IPO)         0.023545
03/06 (IPO)         0.019163
03/13 (IPO)         0.023786
03/20 (IPO)         0.025998
03/24 (IPO)         0.007508
03/27                 0.003775
04/03                 0.002556
04/10                 0.006956
And Today:
04/17                 0.00696732

So what exactly is making AM shares worth 1.6+btc?

Did you see the auction thread? They are set to have a 600 btc revenue come in from selling 100 ghash of mining power (10 units of 10 GHash at at least 60 btc each), auction will be done in the next couple days.

Do yourself, and everyone here a favor and actually run the math for likely divs. You'll see the price is nowhere near justified, unless you think BTC will hit like $300 soon....
Well, if you factor in the coming hashrate increase for AM, it is justified.
legendary
Activity: 1806
Merit: 1003
And so? 600btc isn't that much...

600BTC + deployment of additional 12TH very soon. These will basically triple the dividend in the coming weeks.
hero member
Activity: 518
Merit: 500
Dividends thus far:

Div Pay Dates     Div/Share
02/29 (IPO)         0.023545
03/06 (IPO)         0.019163
03/13 (IPO)         0.023786
03/20 (IPO)         0.025998
03/24 (IPO)         0.007508
03/27                 0.003775
04/03                 0.002556
04/10                 0.006956
And Today:
04/17                 0.00696732

So what exactly is making AM shares worth 1.6+btc?

Did you see the auction thread? They are set to have a 600 btc revenue come in from selling 100 ghash of mining power (10 units of 10 GHash at at least 60 btc each), auction will be done in the next couple days.

Do yourself, and everyone here a favor and actually run the math for likely divs. You'll see the price is nowhere near justified, unless you think BTC will hit like $300 soon....
sr. member
Activity: 476
Merit: 250
And so? 600btc isn't that much...
2 days left on the auction.  

The deployment on the 22nd is the big thing I am watching.
sr. member
Activity: 406
Merit: 250
And so? 600btc isn't that much...

It's just the beginning. Next week will start deployment of ~56TH/s (less what is sold).
hero member
Activity: 868
Merit: 1000
1000 BTC / 400.000 = 0.0025

So I would say 0.01 BTC dividend is the upper range next week, or the week thereafter (depending on when they distribute the proceeds of the auction)
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Dividends thus far:

Div Pay Dates     Div/Share
02/29 (IPO)         0.023545
03/06 (IPO)         0.019163
03/13 (IPO)         0.023786
03/20 (IPO)         0.025998
03/24 (IPO)         0.007508
03/27                 0.003775
04/03                 0.002556
04/10                 0.006956
And Today:
04/17                 0.00696732

So what exactly is making AM shares worth 1.6+btc?

Did you see the auction thread? They are set to have a 600 btc revenue come in from selling 100 ghash of mining power (10 units of 10 GHash at at least 60 btc each), auction will be done in the next couple days.
sr. member
Activity: 406
Merit: 250
So what exactly is making AM shares worth 1.6+btc?

It's what the dividends will be in 1-2 weeks that will matter. Those will take into account first auction profits, newly added hash rates, and maybe even USB miner sales.

But I don't know how much the next dividends will be.

Let's guess! I say 9mBTC per share.
hero member
Activity: 518
Merit: 500
Dividends thus far:

Div Pay Dates     Div/Share
02/29 (IPO)         0.023545
03/06 (IPO)         0.019163
03/13 (IPO)         0.023786
03/20 (IPO)         0.025998
03/24 (IPO)         0.007508
03/27                 0.003775
04/03                 0.002556
04/10                 0.006956
And Today:
04/17                 0.00696732

So what exactly is making AM shares worth 1.6+btc?
sr. member
Activity: 476
Merit: 250
The first is by definition not flawed.
Dividends thus far:

Div Pay Dates     Div/Share
02/29 (IPO)         0.023545
03/06 (IPO)         0.019163
03/13 (IPO)         0.023786
03/20 (IPO)         0.025998
03/24 (IPO)         0.007508
03/27                 0.003775
04/03                 0.002556
04/10                 0.006956
And Today:
04/17                 0.00696732
legendary
Activity: 1064
Merit: 1000
Dividend for 17/4/2011 is: BTC0.00696732

Very solid. Thanks friedcat.

true, only three weeks in this boat and I feel the same

edit: damn, its been 6 weeks. I feel even better now.
newbie
Activity: 26
Merit: 0
0.00696732 per share + confirmation satoshi
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Dividend for 17/4/2011 is: BTC0.00696732
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