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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1203. (Read 3917058 times)

vip
Activity: 1316
Merit: 1043
👻
When ASICMINER gets 50 TH up and ready through, solo mining looks like a better idea.
sr. member
Activity: 800
Merit: 250
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.
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.

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.

Sounds good. Is it really that simple?

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.
legendary
Activity: 1064
Merit: 1000
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.
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.

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.

Sounds good. Is it really that simple?
full member
Activity: 141
Merit: 100
How are the 50TH going to be distributed?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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.
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.

The 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 % for not paying the pool fees.

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.
hero member
Activity: 531
Merit: 505
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.
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.

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.
hero member
Activity: 628
Merit: 504
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.
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.
hero member
Activity: 531
Merit: 505
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.
sr. member
Activity: 406
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.

Now it's at 7,19. Another rise probably. Let's hope it stops at 12 :-)
legendary
Activity: 1778
Merit: 1008
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.


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.   Grin

says you! i only have ONE! yes, ONE share. shut up. Sad
donator
Activity: 294
Merit: 250
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.


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.   Grin
member
Activity: 77
Merit: 10
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 Smiley.
legendary
Activity: 1778
Merit: 1008
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.
member
Activity: 77
Merit: 10
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.
legendary
Activity: 1778
Merit: 1008
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.
member
Activity: 77
Merit: 10
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.
hero member
Activity: 658
Merit: 500
Caveat Emptor
What sort of return would BTC75 worth of asicminer shares get someone if they invested today?
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.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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.
member
Activity: 69
Merit: 10
will the sold devices be seen as the profit of ASICMiner and sent to the shareholders?
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