I think you need to look at your math again. If he buys BTC75 worth of shares at BTC0.75, that would give him 100 shares exactly. Using the last dividend, that would net him BTC0.25555300. Which, as you pointed out was small. Using the lowest dividend from a week without lots of expenses (March 7th) of BTC0.01917149, would have earned him...
Counting on future dividends of 0.01917149 is an unrealistic estimation. This amount was paid back when friedcat was trying to return all the money (or, as much as possible) to the IPO investors. Since then, friedcat has reduced dividends significantly. As others have estimated, dividends are expected to be around 0.006-0.007 (assuming no large expenses) given that AM has about 10% of the total hash rate.
Why unrealistic? If they manage to solve the power and network problems they can bring online the other 6 TH and it would be 20% or so beyond the initial dividends then. Then there are the 50TH... i dont think its too unrealistic. Only because 240000 shares came to it now doesnt mean that this cant be compensated...
we are at 7,1 TH/s, so only 4,9 TH/s remains
But it was promised to be deployed by the end of march and we are in second third of april :-(
Youre right. It was an example because 50TH are waiting already. And of course the deployment stopped because of the problems. But the way you calculate you only would be right if these problems couldnt be solved. I think thats far from reality. The problems will be solved and asicminer can spend as much money as they want to buy more TH. You only have to look at the costs of the last 200TH. 2 weeks with lower dividend, thats it.
So i think your estimations are way too pessimistic. Maybe it will still need another month until deployment moves on... but i dont see a reason why the problems shouldnt be solved.
Hi guys,
I've been out for a while, and was wondering how to manage my shares since GLBSE is out; I have around 100shares, and I've seen sites like BTC-TC and Bitfunder, that offer the possibility to manage them (asking first to friedcat)... Which one do you prefer? is there one better? regarding Security, fees, dividends, minimun shares or restrictions, etc...
Thanks
You should note that you cant manage you asicminer shares there. You will get asicminer-passthrough-shares in exchange and these can you manage there. So you dont have a contract with friedcat anymore.
If you chose you should know that you can turn the passthrough-shares back to asicminer with a minimum of 240 shares with deadterra and 1 with burnside.
