Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1202. (Read 3917543 times)

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).

When ASICMINER gets 50 TH up and ready through, solo mining looks like a better idea.

No. Solo mining carries more risk and variance. Some weeks we may get dividends that are much lower, some weeks much higher. The fact that ASICMINER's hashing power is very large right now negates this a bit, but it'll still happen.

Sounds good. Is it really that simple?

How are the 50TH going to be distributed?

I think thats a possibility. When it comes to advertising asicminer would be better off to mine at different pool and ensure to have the first place everywhere. This way a maximum of miners could be targetted and pulled to a upcoming auction. Free advertising. The rest could be mined solo.
While im not sure if pools doesnt have advantages like including Namecoins and so on.

They can put its signature into block they create, like many pools do. Then, blockchain.info or any other service will show up "ASICMINER" blocks, even in the graphs. Simple and easy. Plus, all investors can get about 3-5 % more for not paying the pool fees.

ASICMINER needs to show everyone how much they're hashing, for different purposes. The easiest way to do that, is to mine on the pool.

I HOPE that ASICMINER will soon move out of BTCGuild! It should set up its own pool and go "solo". Its unhealthy for the network.

Now it's at 7,19. Another rise probably. Let's hope it stops at 12 :-)

says you! i only have ONE! yes, ONE share. shut up.

I prefer your math... I think everyone should sell ASICMINER shares cheap now!!

On an unrelated note, anyone who wants to sell ASICMINER shares below exchange prices, please PM me.