ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1203.

InstantBTC

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Activity: 77

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Quote from: arklan on April 06, 2013, 10:28:52 PM

Quote from: InstantBTC on April 06, 2013, 09:18:05 PM

Quote from: arklan on April 06, 2013, 09:03:55 PM

Quote from: InstantBTC on April 06, 2013, 08:45:19 PM

Quote from: bowen151 on April 06, 2013, 08:05:07 PM

What sort of return would BTC75 worth of asicminer shares get someone if they invested today?

I'd say it would probably be a very reasonable return. I encourage you to thoroughly research the asset and do the math for yourself though. Don't blindly trust random people online Tongue

.

if you strictly want the math of BTC75 worth of shares x dividend - i think shares are selling at .7, lets call it .75 in case i'm wrong. so your looking at 56 shares, give or take. the last (admittedly small for reasons described in this thread) dividend was 0.00255553. so, 56 x 0.00255553 = BTC0.14310968 weekly. at current exchange rates, that's about $20 USD.

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 BTC1.91714900, which at current exchange rate would be approximately $275 USD. Like I said, very reasonable return. I just feel like it would be best if he did this math on his own and learned about the company so he can make an informed decision of his own.

*blink blink* clearly, i fail at math.

Lol, it's okay, we all have those days

.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: InstantBTC on April 06, 2013, 09:18:05 PM

Quote from: arklan on April 06, 2013, 09:03:55 PM

Quote from: InstantBTC on April 06, 2013, 08:45:19 PM

Quote from: bowen151 on April 06, 2013, 08:05:07 PM

What sort of return would BTC75 worth of asicminer shares get someone if they invested today?

I'd say it would probably be a very reasonable return. I encourage you to thoroughly research the asset and do the math for yourself though. Don't blindly trust random people online Tongue

.

if you strictly want the math of BTC75 worth of shares x dividend - i think shares are selling at .7, lets call it .75 in case i'm wrong. so your looking at 56 shares, give or take. the last (admittedly small for reasons described in this thread) dividend was 0.00255553. so, 56 x 0.00255553 = BTC0.14310968 weekly. at current exchange rates, that's about $20 USD.

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 BTC1.91714900, which at current exchange rate would be approximately $275 USD. Like I said, very reasonable return. I just feel like it would be best if he did this math on his own and learned about the company so he can make an informed decision of his own.

*blink blink* clearly, i fail at math.

InstantBTC

member

Activity: 77

Merit: 10

Quote from: arklan on April 06, 2013, 09:03:55 PM

Quote from: InstantBTC on April 06, 2013, 08:45:19 PM

Quote from: bowen151 on April 06, 2013, 08:05:07 PM

What sort of return would BTC75 worth of asicminer shares get someone if they invested today?

I'd say it would probably be a very reasonable return. I encourage you to thoroughly research the asset and do the math for yourself though. Don't blindly trust random people online Tongue

.

if you strictly want the math of BTC75 worth of shares x dividend - i think shares are selling at .7, lets call it .75 in case i'm wrong. so your looking at 56 shares, give or take. the last (admittedly small for reasons described in this thread) dividend was 0.00255553. so, 56 x 0.00255553 = BTC0.14310968 weekly. at current exchange rates, that's about $20 USD.

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 BTC1.91714900, which at current exchange rate would be approximately $275 USD. Like I said, very reasonable return. I just feel like it would be best if he did this math on his own and learned about the company so he can make an informed decision of his own.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: InstantBTC on April 06, 2013, 08:45:19 PM

Quote from: bowen151 on April 06, 2013, 08:05:07 PM

What sort of return would BTC75 worth of asicminer shares get someone if they invested today?

I'd say it would probably be a very reasonable return. I encourage you to thoroughly research the asset and do the math for yourself though. Don't blindly trust random people online Tongue

.

if you strictly want the math of BTC75 worth of shares x dividend - i think shares are selling at .7, lets call it .75 in case i'm wrong. so your looking at 56 shares, give or take. the last (admittedly small for reasons described in this thread) dividend was 0.00255553. so, 56 x 0.00255553 = BTC0.14310968 weekly. at current exchange rates, that's about $20 USD.

InstantBTC

member

Activity: 77

Merit: 10

Quote from: bowen151 on April 06, 2013, 08:05:07 PM

What sort of return would BTC75 worth of asicminer shares get someone if they invested today?

I'd say it would probably be a very reasonable return. I encourage you to thoroughly research the asset and do the math for yourself though. Don't blindly trust random people online Tongue

.

bowen151

hero member

Activity: 658

Merit: 500

Caveat Emptor

What sort of return would BTC75 worth of asicminer shares get someone if they invested today?

JordanL

donator

Activity: 294

Merit: 250

Dropped down to 6 TH/s on btcguild after getting at least as high as 7.1, let's hope that hash power has moved to another pool.

SebastianJu

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Activity: 2674

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Legendary Escrow Service - Tip Jar in Profile

Quote from: coldguy on April 06, 2013, 09:54:12 AM

will the sold devices be seen as the profit of ASICMiner and sent to the shareholders?

Yes. The revenue from auction will be put into asicminer revenue and paid out with the dividend. Minus powercost and other costs. Shares among all 400000 shares of asicminer.

coldguy

member

Activity: 69

Merit: 10

will the sold devices be seen as the profit of ASICMiner and sent to the shareholders?

vortex1878

hero member

Activity: 491

Merit: 500

Quote from: SebastianJu on April 06, 2013, 08:50:42 AM

Quote from: Rodyland on April 05, 2013, 07:23:21 PM

Quote from: vortex1878 on April 05, 2013, 06:57:34 PM

Quote from: SebastianJu on April 05, 2013, 06:51:46 PM

Quote from: vortex1878 on April 05, 2013, 06:31:28 PM

Quote from: SebastianJu on April 05, 2013, 03:03:44 PM

I dont think that it makes sense to deploy TH that doesnt hash because of difficulty because the next difficulty is calculated from the average hashing from the last. So at this time it would be a disadvantage only to have asics that dont hash because difficulty will rise only a bit less but you could have earned more bitcoins hashing the previous time. So i doubt thats the reason.
I hope it keeps growing...

Are you drunk?

What are you speaking of? Is my english too bad or do you think it makes sense to keep a half TH away from mining only to not push the difficulty too high the next time it rises?

No, it is not your Denglish (I am German, too). Your comment just doesn't make any sense to me, even after reading it for like 20times. ^^ Maybe I am just too stupid... :/

May I translate?

He's saying that he doesn't see any sense in holding back deployment of hashing power until after the next difficulty bump, with the intent of _not_ increasing difficulty. The reasoning is that the difficulty adjustment is based on the entire 2016 block period, so a network hash rate bump in the last day or two would not have a significant effect on the size of the bump. And the conclusion is that we'd (asicminer shareholders) would be better off if hashing power were deployed as soon as it was available.

I haven't done the maths, but my gut tells me if network hash rate was constant but for our new power then this would be not be true - we would be better off deploying after the bump. However in the face over a variable hash rate other hashing power being deployed across the network, I think his argument makes sense.

Thanks... you interpreted it correctly. My writing was really a bit confusing...

I think that 0.5TH mining for some weeks will have a very slight impact for a higher difficulty next time. Even if you would mine with that lower difficulty later the higher earnings will be lower than the earnings you would have earned while mining the 2 weeks with 0.5TH.
And @vortex1878... this was an answer to:

Quote from: JimiQ84 on April 05, 2013, 02:56:26 PM

And I think friedcat said that they've deployed 0,5TH "extra" which is not hashing due to network difficulties.

which implied to me that friedcat could hold back hashpower to get a lower difficulty next time. But when i read it again i see what memvola meant. JimiQ48 spoke about the network problems asicminer had that prevented them from deploying more hashpower. Misunderstood this...

NOW I get it. Peace.

SebastianJu

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Activity: 2674

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Legendary Escrow Service - Tip Jar in Profile

Quote from: Rodyland on April 05, 2013, 07:23:21 PM

Quote from: vortex1878 on April 05, 2013, 06:57:34 PM

Quote from: SebastianJu on April 05, 2013, 06:51:46 PM

Quote from: vortex1878 on April 05, 2013, 06:31:28 PM

Quote from: SebastianJu on April 05, 2013, 03:03:44 PM

I dont think that it makes sense to deploy TH that doesnt hash because of difficulty because the next difficulty is calculated from the average hashing from the last. So at this time it would be a disadvantage only to have asics that dont hash because difficulty will rise only a bit less but you could have earned more bitcoins hashing the previous time. So i doubt thats the reason.
I hope it keeps growing...

Are you drunk?

What are you speaking of? Is my english too bad or do you think it makes sense to keep a half TH away from mining only to not push the difficulty too high the next time it rises?

No, it is not your Denglish (I am German, too). Your comment just doesn't make any sense to me, even after reading it for like 20times. ^^ Maybe I am just too stupid... :/

May I translate?

He's saying that he doesn't see any sense in holding back deployment of hashing power until after the next difficulty bump, with the intent of _not_ increasing difficulty. The reasoning is that the difficulty adjustment is based on the entire 2016 block period, so a network hash rate bump in the last day or two would not have a significant effect on the size of the bump. And the conclusion is that we'd (asicminer shareholders) would be better off if hashing power were deployed as soon as it was available.

I haven't done the maths, but my gut tells me if network hash rate was constant but for our new power then this would be not be true - we would be better off deploying after the bump. However in the face over a variable hash rate other hashing power being deployed across the network, I think his argument makes sense.

Thanks... you interpreted it correctly. My writing was really a bit confusing...

I think that 0.5TH mining for some weeks will have a very slight impact for a higher difficulty next time. Even if you would mine with that lower difficulty later the higher earnings will be lower than the earnings you would have earned while mining the 2 weeks with 0.5TH.
And @vortex1878... this was an answer to:

Quote from: JimiQ84 on April 05, 2013, 02:56:26 PM

And I think friedcat said that they've deployed 0,5TH "extra" which is not hashing due to network difficulties.

which implied to me that friedcat could hold back hashpower to get a lower difficulty next time. But when i read it again i see what memvola meant. JimiQ48 spoke about the network problems asicminer had that prevented them from deploying more hashpower. Misunderstood this...

PulsedMedia

sr. member

Activity: 402

Merit: 250

Quote from: VeeMiner on April 06, 2013, 06:19:35 AM

Quote from: memvola on April 06, 2013, 04:05:27 AM

Quote from: ?? on ??

Funny how no one sees

It has been discussed many many times even within this thread.

by the time ASICMINER deploys the extra Thash/s, there's a high possibility that BFL will ship. Avalon batch 2 will ship as well. There are a lot of other players who promise to add more hashrate. All these factors mean that the network will be distributed. The free market takes care of itself.

Assuming the 200 units of avalon batch 2 (it was 200 yes?) ships and is online fully by then it's 13Thash.
If BFL ships by then and 15k chips get online -> by then it adds another 93thash.
But i don't see either of happening by mid-april, maybe late april.

Friedcat: It would awesome if you could post some pics of the setup!

When was work on the next gen begin and what process will that be?

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: memvola on April 06, 2013, 04:05:27 AM

Quote from: ?? on ??

Funny how no one sees

It has been discussed many many times even within this thread.

by the time ASICMINER deploys the extra Thash/s, there's a high possibility that BFL will ship. Avalon batch 2 will ship as well. There are a lot of other players who promise to add more hashrate. All these factors mean that the network will be distributed. The free market takes care of itself.

memvola

hero member

Activity: 938

Merit: 1002

Quote from: ?? on ??

Funny how no one sees

It has been discussed many many times even within this thread.

memvola

hero member

Activity: 938

Merit: 1002

Quote from: vortex1878 on April 05, 2013, 08:10:18 PM

Quote from: Rodyland on April 05, 2013, 07:23:21 PM

Quote from: vortex1878 on April 05, 2013, 06:57:34 PM

Quote from: SebastianJu on April 05, 2013, 06:51:46 PM

Quote from: vortex1878 on April 05, 2013, 06:31:28 PM

Quote from: SebastianJu on April 05, 2013, 03:03:44 PM

I dont think that it makes sense to deploy TH that doesnt hash because of difficulty because the next difficulty is calculated from the average hashing from the last. So at this time it would be a disadvantage only to have asics that dont hash because difficulty will rise only a bit less but you could have earned more bitcoins hashing the previous time. So i doubt thats the reason.
I hope it keeps growing...

Are you drunk?

What are you speaking of? Is my english too bad or do you think it makes sense to keep a half TH away from mining only to not push the difficulty too high the next time it rises?

No, it is not your Denglish (I am German, too). Your comment just doesn't make any sense to me, even after reading it for like 20times. ^^ Maybe I am just too stupid... :/

May I translate?

He's saying that he doesn't see any sense in holding back deployment of hashing power until after the next difficulty bump, with the intent of _not_ increasing difficulty. The reasoning is that the difficulty adjustment is based on the entire 2016 block period, so a network hash rate bump in the last day or two would not have a significant effect on the size of the bump. And the conclusion is that we'd (asicminer shareholders) would be better off if hashing power were deployed as soon as it was available.

I haven't done the maths, but my gut tells me if network hash rate was constant but for our new power then this would be not be true - we would be better off deploying after the bump. However in the face over a variable hash rate other hashing power being deployed across the network, I think his argument makes sense.

No, he did not say what you are trying to "translate". It all still does not make any sense. I also don't care if you are both the same person or not. But for sure you both (or one) are plain idiots trying to get some attention - hero members or not -I don't give a flying fuck.
ASICMINER has to get some more hashes ready to catch up.
Don't get me wrong - performance so far was awesome, and I am truly appreciating that. Thank you!.
But reading of idiots who do not have anything to say but blablabla just freaks me out...

SebastianJu is right, not deploying doesn't make sense. Rodyland's interpretation was correct. They are making different points, both of which are pretty standard, so the reason you don't understand is you are not very informed on the topic. Not commenting on things you don't understand would be a good idea.

OTOH, I think JimiQ84 meant something else by "network difficulties", so this whole conversation is unnecessary.

vortex1878

hero member

Activity: 491

Merit: 500

Quote from: Rodyland on April 05, 2013, 08:18:03 PM

Quote from: vortex1878 on April 05, 2013, 08:10:18 PM

No, he did not say what you are trying to "translate". It all still does not make any sense. I also don't care if you are both the same person or not. But for sure you both (or one) are plain idiots trying to get some attention - hero members or not -I don't give a flying fuck.
ASICMINER has to get some more hashes ready to catch up.
Don't get me wrong - performance so far was awesome, and I am truly appreciating that. Thank you!.
But reading of idiots who do not have anything to say but blablabla just freaks me out...

You need to take your happy pills, and back away from the keyboard for an hour. Nothing that has come before deserved this kind of hostility.

Read above.

Rodyland

hero member

Activity: 499

Merit: 500

Quote from: vortex1878 on April 05, 2013, 08:10:18 PM

No, he did not say what you are trying to "translate". It all still does not make any sense. I also don't care if you are both the same person or not. But for sure you both (or one) are plain idiots trying to get some attention - hero members or not -I don't give a flying fuck.
ASICMINER has to get some more hashes ready to catch up.
Don't get me wrong - performance so far was awesome, and I am truly appreciating that. Thank you!.
But reading of idiots who do not have anything to say but blablabla just freaks me out...

You need to take your happy pills, and back away from the keyboard for an hour. Nothing that has come before deserved this kind of hostility.

vortex1878

hero member

Activity: 491

Merit: 500

Quote from: Rodyland on April 05, 2013, 07:23:21 PM

Quote from: vortex1878 on April 05, 2013, 06:57:34 PM

Quote from: SebastianJu on April 05, 2013, 06:51:46 PM

Quote from: vortex1878 on April 05, 2013, 06:31:28 PM

Quote from: SebastianJu on April 05, 2013, 03:03:44 PM

I dont think that it makes sense to deploy TH that doesnt hash because of difficulty because the next difficulty is calculated from the average hashing from the last. So at this time it would be a disadvantage only to have asics that dont hash because difficulty will rise only a bit less but you could have earned more bitcoins hashing the previous time. So i doubt thats the reason.
I hope it keeps growing...

Are you drunk?

What are you speaking of? Is my english too bad or do you think it makes sense to keep a half TH away from mining only to not push the difficulty too high the next time it rises?

No, it is not your Denglish (I am German, too). Your comment just doesn't make any sense to me, even after reading it for like 20times. ^^ Maybe I am just too stupid... :/

May I translate?

He's saying that he doesn't see any sense in holding back deployment of hashing power until after the next difficulty bump, with the intent of _not_ increasing difficulty. The reasoning is that the difficulty adjustment is based on the entire 2016 block period, so a network hash rate bump in the last day or two would not have a significant effect on the size of the bump. And the conclusion is that we'd (asicminer shareholders) would be better off if hashing power were deployed as soon as it was available.

I haven't done the maths, but my gut tells me if network hash rate was constant but for our new power then this would be not be true - we would be better off deploying after the bump. However in the face over a variable hash rate other hashing power being deployed across the network, I think his argument makes sense.

No, he did not say what you are trying to "translate". It all still does not make any sense. I also don't care if you are both the same person or not. But for sure you both (or one) are plain idiots trying to get some attention - hero members or not -I don't give a flying fuck.
ASICMINER has to get some more hashes ready to catch up.
Don't get me wrong - performance so far was awesome, and I am truly appreciating that. Thank you!.
But reading of idiots who do not have anything to say but blablabla just freaks me out...

Rodyland

hero member

Activity: 499

Merit: 500

Quote from: vortex1878 on April 05, 2013, 06:57:34 PM

Quote from: SebastianJu on April 05, 2013, 06:51:46 PM

Quote from: vortex1878 on April 05, 2013, 06:31:28 PM

Quote from: SebastianJu on April 05, 2013, 03:03:44 PM

I dont think that it makes sense to deploy TH that doesnt hash because of difficulty because the next difficulty is calculated from the average hashing from the last. So at this time it would be a disadvantage only to have asics that dont hash because difficulty will rise only a bit less but you could have earned more bitcoins hashing the previous time. So i doubt thats the reason.
I hope it keeps growing...

Are you drunk?

What are you speaking of? Is my english too bad or do you think it makes sense to keep a half TH away from mining only to not push the difficulty too high the next time it rises?

No, it is not your Denglish (I am German, too). Your comment just doesn't make any sense to me, even after reading it for like 20times. ^^ Maybe I am just too stupid... :/

May I translate?

He's saying that he doesn't see any sense in holding back deployment of hashing power until after the next difficulty bump, with the intent of _not_ increasing difficulty. The reasoning is that the difficulty adjustment is based on the entire 2016 block period, so a network hash rate bump in the last day or two would not have a significant effect on the size of the bump. And the conclusion is that we'd (asicminer shareholders) would be better off if hashing power were deployed as soon as it was available.

I haven't done the maths, but my gut tells me if network hash rate was constant but for our new power then this would be not be true - we would be better off deploying after the bump. However in the face over a variable hash rate other hashing power being deployed across the network, I think his argument makes sense.

vortex1878

hero member

Activity: 491

Merit: 500

Quote from: SebastianJu on April 05, 2013, 06:51:46 PM

Quote from: vortex1878 on April 05, 2013, 06:31:28 PM

Quote from: SebastianJu on April 05, 2013, 03:03:44 PM

I dont think that it makes sense to deploy TH that doesnt hash because of difficulty because the next difficulty is calculated from the average hashing from the last. So at this time it would be a disadvantage only to have asics that dont hash because difficulty will rise only a bit less but you could have earned more bitcoins hashing the previous time. So i doubt thats the reason.
I hope it keeps growing...

Are you drunk?

What are you speaking of? Is my english too bad or do you think it makes sense to keep a half TH away from mining only to not push the difficulty too high the next time it rises?

No, it is not your Denglish (I am German, too). Your comment just doesn't make any sense to me, even after reading it for like 20times. ^^ Maybe I am just too stupid... :/

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1203. (Read 3917543 times)