This is crazy.
10GH/s for 60BTC?
Just a thought: 50,000 GH/s of chips at 10GH/s per blade = 5,000 blades.
5,000 blades at 60 BTC = 300,000 BTC
---> .75 BTC per share from selling this batch, minus some costs of course. Meanwhile the
next batch gets produced and the old ones are hashing away for AM. Do i have a big mistake
in my calculation, or are the shares undervalued even at 1.2 BTC/share?
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1183. (Read 3917058 times)
...not that these aren't seemingly the longest confirmations I've seen since I was waiting to move coins for my Avalon order. 
By the time my Weexchange account gets funded, the price will be the same as btc-tc. I'm not even gonna bother.
haha, luckily I just have to wait for BTC confirmations. Fiat is fo suckas!!! lol
By the time my Weexchange account gets funded, the price will be the same as btc-tc. I'm not even gonna bother.
Look at how many shares are for sell on BitFunder. Anyway, as mining become more and more difficult, it could go higher in the next weeks. By the time my Weexchange account gets funded, the price will be the same as btc-tc. I'm not even gonna bother.
Not that I like weexchange, but I was able to fund it and buy within 1.5 hours.
By the time my Weexchange account gets funded, the price will be the same as btc-tc. I'm not even gonna bother.
Yeah, that's what I'm thinking.
At 70 BTC... it makes more sense to buy 70 shares of ASiCMINER!
At 70 BTC... it makes more sense to buy 70 shares of ASiCMINER!
Highest: 60 BTC
Lowest: 42 BTC
Still more than a day to go.. Now more like 70 BTC.
Lowest: 42 BTC
Still more than a day to go.. Now more like 70 BTC.
I really think the final price will be around 45-55 BTC per unit.
Currently going for 33 BTC each. I think there might be a few snipers, so final price might be more around the 40 BTC range.
hmm good call, although that one isn't as ideal for my purposes as the other, since the limit to transfer shares is more than I'd risk having on any exchange. With BTC-TC I transfer the shares every time I pick up another 50. At that price though, I can't resit. I'm digging out my weexchange password as we speak.
Ask: 1.64 on BTCT 
WTF, the ask is only half that on BitFunder???
Ask: 1.64 on BTCT
WTF, the ask is only half that on BitFunder???By your logic, ASICMINER is worth around 10% of total BTC.
If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.
If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.
well if the stock is trading at 1btc 400,000 shares is 400,000 btc which is ~4% of total btc.
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each? 
*fervently knocks on wood*
One consideration is how important their underwriting of network security is... so if they end up with ~1/3 of the total hash would it be reasonable to say the company is worth 1/3 of total btc, or perhaps you could say network security is half of all btc value, so controling 1/3 of total hash is worth 1/6 of total btc. Just some idle thoughts.
By your logic, ASICMINER is worth around 10% of total BTC.
If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.
If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.
well if the stock is trading at 1btc 400,000 shares is 400,000 btc which is ~4% of total btc.
By your logic, ASICMINER is worth around 10% of total BTC.
If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.
If ASICMINER or anyone else gets over 50% of the network hashpower, then the BTC price will crash even if the controlling party doesn't do anything nefarious.
1 BTC/share
Secret rocket is taking off!
Lol Secret rocket is taking off!
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each?
*fervently knocks on wood*
One consideration is how important their underwriting of network security is... so if they end up with ~1/3 of the total hash would it be reasonable to say the company is worth 1/3 of total btc, or perhaps you could say network security is half of all btc value, so controling 1/3 of total hash is worth 1/6 of total btc. Just some idle thoughts.
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each?
Then people become happy? 
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each?
*fervently knocks on wood*
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