Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1184. (Read 3917058 times)
What if ASICMINER goes through a Bitcoin-style bubble and hits 10 BTC each?
1 BTC/share 
Secret rocket is taking off!
Secret rocket is taking off!
Glad I picked up a dozen more shares this morning @ 0.805. Much higher than what I bought the bulk of my shares for, but obviously I got some of the last hugely under-priced ASICMINER shares available. If we actually start significantly boosting our hasing power next week and shipping devices soon, the 1.6BTC ask price right now on BTC-TC will sound like a bargain.
Well, there's been an announced 262 TH/s so far that friedcat can either sell or mine with. Seeing if there is more hashing power in the pipe that has yet to be mentioned.
1 BTC/share
Secret rocket is taking off!
Secret rocket is taking off!
Glad I picked up a dozen more shares this morning @ 0.805. Much higher than what I bought the bulk of my shares for, but obviously I got some of the last hugely under-priced ASICMINER shares available. If we actually start significantly boosting our hasing power next week and shipping devices soon, the 1.6BTC ask price right now on BTC-TC will sound like a bargain.
1 BTC/share
Secret rocket is taking off!
Secret rocket is taking off!
Glad I picked up a dozen more shares this morning @ 0.805. Much higher than what I bought the bulk of my shares for, but obviously I got some of the last hugely under-priced ASICMINER shares available. If we actually start significantly boosting our hasing power next week and shipping devices soon, the 1.6BTC ask price right now on BTC-TC will sound like a bargain.
1 BTC/share
Secret rocket is taking off!
Secret rocket is taking off!
Hm, strange that bitfunder has both a lot more depth and is at a much lower price, yet the price rises on btct.co
If it were easy to arbitrage the two it would be a good arbitrage opportunity. Although the spreads on btct.co are pretty wide compared to bitfunder.
Ask: 1.64 on BTCT 
1 BTC/share
Secret rocket is taking off!
Secret rocket is taking off!
Hm, strange that bitfunder has both a lot more depth and is at a much lower price, yet the price rises on btct.co
Wall at 1 being eaten on btct! 17 shares to go 
edit: If we sell 5 TH/s of 10 GH/s blades at 50 BTC each, we're going to see 25000 BTC, or .0625 per share O.o
That's only <10% of inventory after this delivery!!! And then we're getting 200 TH/s more... 1.5 BTC / share might not be enough.
edit: If we sell 5 TH/s of 10 GH/s blades at 50 BTC each, we're going to see 25000 BTC, or .0625 per share O.o
That's only <10% of inventory after this delivery!!! And then we're getting 200 TH/s more... 1.5 BTC / share might not be enough.
1 BTC/share
Secret rocket is taking off!
Secret rocket is taking off!
Well, folks had their chance of buying shares sub 1 BTC/share. Come on April 22nd!!
Wow. Wonder of much of this is due to a) the pending increased hash rate, b) the extra income to come from sales, c) increased publicity of asicminer due to #b.
Probably a virtuous circle of all three, but I'm glad for it!
1 BTC/share
Secret rocket is taking off!
Secret rocket is taking off!
Well, folks had their chance of buying shares sub 1 BTC/share. Come on April 22nd!!
First auction is up. Tell your friends.
https://bitcointalksearch.org/topic/asicminer-auction-10-block-erupter-blades-ended-178275
https://bitcointalksearch.org/topic/asicminer-auction-10-block-erupter-blades-ended-178275
I just bought more shares of ASICMINER.
1 BTC/share
Secret rocket is taking off!
Secret rocket is taking off!
Making a series of unrealistic assumptions here, but let's go:
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
I know everyone knows, but to show that I am aware of it, here is how the assumptions are unrealistic:
1. Costs must be subtracted to go from revenue to profit
2. Not selling all TH/s (at the moment)
3. Price will decrease as difficulty increases
But in either case: this back-of-the-envelope calculation shows that the shares are still undervalued in my opinion.
And it also shows that it can be much, much more lucrative to sell miners rather than keeping them for self-mining.
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.
Making a series of unrealistic assumptions here, but let's go:
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
If they all sell at 25, BTC250 spread across 400k shareholders is mBTC0.625 per share.
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
They're not going to sell all the TH/s. friedcat specifically stated that they were going to keep the majority of it to ensure maximum profit for shareholders. See last update.
First auction is up. Tell your friends.
https://bitcointalksearch.org/topic/asicminer-auction-10-block-erupter-blades-ended-178275
https://bitcointalksearch.org/topic/asicminer-auction-10-block-erupter-blades-ended-178275
YES!
Edit: I think the warranty should be restricted in time somehow. Not that in 10 years all asics find their natural death but has to be replaced because of no restriction.
10 x 27BTC (around) now... looks like a nice dividend can happen next week... I hope it goes up way higher...
(and presumably the auction price will become the "normal" price).
The auction price will not become the normal price. Auctioners are paying for the first-mover advantage of immediate shipping.
I dont think Asicminer will sell Miners in future that arent ready for shipping only because they arent built at that moment. So a later buyer will get the miner the same speed as this first buyers i think.
(and presumably the auction price will become the "normal" price).
The auction price will not become the normal price. Auctioners are paying for the first-mover advantage of immediate shipping.
Making a series of unrealistic assumptions here, but let's go:
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
If they all sell at 25, BTC250 spread across 400k shareholders is mBTC0.625 per share.
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
I'm in, where do i sign ?
Making a series of unrealistic assumptions here, but let's go:
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
They have 200TH+50TH+12TH coming in the near future. Put it all in 10 GH/s blades, and they have 26200 devices to sell. At 26 BTC a piece (current highest bid), that is 681200 BTC in total - or 1.703 BTC per share.
If they all sell at 25, BTC250 spread across 400k shareholders is mBTC0.625 per share.
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
If they all sell at 25, BTC250 spread across 400k shareholders is mBTC0.625 per share.
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
Last dividend was 0.00695566 (if you include the 1 satoshi per share), or mBTC6.95566
So, no idea what the profit margin on these things is - let's say it's 75% at this price (don't forget, shipping is included).
Which means the proceeds of this sale will produce a once-off 15% bump in dividends.
So the question now is - how many of these things do we have to sell, once the auction is over (and presumably the auction price will become the "normal" price).
They will sell for much more than 25 BTC. So please save your calculations for later.
EDIT: Btw the profit margin does not matter as the shareholders have already paid for the devices.
In addition to that your calculation seems not to make sense.
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