Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1202. (Read 3917029 times)

It's just related to the BTCUSD exchange rate. Nothing to do with ASICMINER.

Have you seen how many bitcoins ASICMINER mines in a day? How about a week or a month?

The valuation of the shares price also includes the public's expectation for the future plans for the company.

Well I know it's not only him... and the shareholders...
but still... 47 600 000 USD ? ? ?

Well, at least 163,962 shares belong to other people. And from the remaining we can only speculate how many friedcat is holding himself since he has some partners.

Please tell me - am I correct?

There are 400 000 shares of ASICMINER
each worth more than 0.7btc

400 000*0.7 = 280 000 BTC
BTC is at least 170 USD each

280 000 * 170 = 47 600 000 USD

2013 Ferrari is $379 800
http://cgi.ebay.com/ebaymotors/Ferrari-458-SPIDER-2013-FERRARI-458-SPIDER-1K-MILES-330K-MSRP-PLUS-/190820213175?pt=US_Cars_Trucks&hash=item2c6dc561b7

well...
ASICMINER is worth 47600000/379800 = 125 Ferrari cars...

is friedcat very rich? am I dreaming this?

Sounds legit man. If you build it they may come.

True, but it's still better that BFL's promises by an infinite order of magnitude

I was thinking maybe it would be nice to have a separate topic to follow the dividends history, comments and maybe speculation about them. As valuable as it is, this thread is growing overly large IMHO. So what do you think?

This topic has been done to absolute death. While it's a pain to read through page after page of this thread to get to the meat of that subject there's so much valuable insight it's well worth the read. If however you're unwilling to devote the time to doing so then at least read this thread:

https://bitcointalksearch.org/topic/asicminer-for-dummies-159194

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  

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 :-(

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...

That's at the current rates. You should look at future expansion too.

something around 5 - 7 mBTC per share per week (depending on costs - electricity and so on). Dividends are payed weekly.

At present time (current diff and hash power) how many bitcoin does 1 share equate to weekly and how often are payouts delivered?

thanks!

True but friedcat did mention the "vacuum of deployment" and things were in process for the data center. I was just calculating the numbers mentioned. Note that this is only gross income from mining; it doesn't not account for hardware sales, electricity cost, potential downtime, wiring issues, etc. Giving everyone an idea of potential share value and how it may compare with the rest of the incoming mining landscape

Maybe they are more clever then i think...

But why in the heck would they not negotiate a deal with btcguild to get lower fees? 1% lets say.

Yes Franktank, except that the start was promised to be 12 TH, but only half is mining (publicly?) for months now.

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.

I just thought I would do some speculative math for what's been announced. Now, friedcat has announced some numbers of the incoming hashing power for the next few months. To determine the hash rate per share, I've enclosed the following table:

Note: Used 100 shares for easier math; Mh/s is [total hash rate/400k shares]


AM Hashing (Mh/s)     Mh/s Per Share     Total Mh/s
6,000,000                            15                    1,500
12,000,000                          30                    3,000
50,000,000                         125                  12,500
62,000,000                         155                  15,500
200,000,000                       500                  50,000
262,000,000                       655                  65,500

The last row is the row I would like to bring attention to. friedcat has mentioned the last 200 Th/s would take 2-3 months to deploy, putting that in the same range of early-mid BFL range and Avalon batch 3. Owning 100 shares will be the equivalent of Avalon Batch 3 or a BFL Single SC at full deployment. Even at a difficulty of 100 million, that will still equate to ~2.5 BTC/wk (for 100 shares). There are plenty of things that have not been accounted for, but the question is: Which of the three will get their product out of the door first? ASICMiner, Avalon, or BFL?

Feel free to correct my numbers if you think I'm incorrect about my calculations.

I honestly would have thought that, with 10% of the network hash power behind it, solo mining would have been a no-brainer compared to the cut the pools take.  Maybe it's not worth the hassle of effectively running our own pool. 

http://blockchain.info/pools

There are a significant number of pools with ~10% hash power.  And I couldn't agree more - with another 50TH behind us, it seems ludicrous to pool mine (unless the pool mining is spread across pools to explicitly avoid any one pool having a majority of hash power).