Looks like they are making some moves onto Ozcoin.
EDIT: Hmm, it was showing about 750,000 on Ozcoin (plus the 5.8gh on BTCGuild) a few minutes ago. Now, it's only at about about 200,000 at Ozcoin.
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1219. (Read 3917543 times)
Regarding hashing, difficulty was recently increased with 38%.
Most dramatic increase since june -2011.
https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc#gid=0
Most dramatic increase since june -2011.
https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc#gid=0
Their customers would love that... at least it would mean they are capable of producing a functioning ASIC.
Not even that, that would only proof they are capable of hiring a contractor that is able to produce a functioning ASIC.
Someone knows where the 15TH/s comes from that are added in the last days? http://blockchain.info/de/charts/hash-rate
Avalon?
Avalon?
Personally, I suspect it's BFL mining with their customers gear. I mean, do you really think they could resist that temptation? Especially when their actions don't appear to have any consequences whatsoever?
I really don;t think they have a working ASIC yet... especially considering their actions up till now
Conceded!
However, imagine if they have, for example, overestimated the power efficiency of the chips (I consider this very likely): sending them to customers would create desperate cries of scamming ("Chips do not meet spec!!!!"), but mining with them is still outrageously profitable.
Anyway, they haven't made an official statement for about 10 days, when they claimed they were testing the chips. But one thing I think can be agreed: either they are less competent than they initially claimed to be, or they are intentionally misleading their customers. Pick whichever theory you prefer, it still doesn't make them look very good.
But it makes ASICMINER look that much better!
Someone knows where the 15TH/s comes from that are added in the last days? http://blockchain.info/de/charts/hash-rate
Avalon?
Avalon?
Personally, I suspect it's BFL mining with their customers gear. I mean, do you really think they could resist that temptation? Especially when their actions don't appear to have any consequences whatsoever?
Their customers would love that... at least it would mean they are capable of producing a functioning ASIC.
Someone knows where the 15TH/s comes from that are added in the last days? http://blockchain.info/de/charts/hash-rate
Avalon?
Avalon?
Personally, I suspect it's BFL mining with their customers gear. I mean, do you really think they could resist that temptation? Especially when their actions don't appear to have any consequences whatsoever?
I really don;t think they have a working ASIC yet... especially considering their actions up till now
Someone knows where the 15TH/s comes from that are added in the last days? http://blockchain.info/de/charts/hash-rate
Avalon?
Avalon?
Personally, I suspect it's BFL mining with their customers gear. I mean, do you really think they could resist that temptation? Especially when their actions don't appear to have any consequences whatsoever?
Wasnt that up to 50%? And i think there isnt much room for needed investments yet. Because the next batch is paid in full, loans are paid back and so on. Power cost will be hold in but besides that i dont see that another 50% will be needed for reinvestment.
Because of upcoming competition, it seems wise to reinvest a large part of the profits rather than paying out insane dividends all the time. My opinion is that for the long term interests of the company, profits should be reinvested in (1) next-gen chips, (2) developing consumer-friendly miners for sale and (3) developing industrial scale miners for sale.
Mining is about to become a very crowded space, and the advantage of ASICMINER is the fact that it they have developed their own technology - and it is important to leverage that advantage for the long-term.
Eventually the acquisitions department of some well-known entity will come around and make all ASICMINER investors rich...
Someone knows where the 15TH/s comes from that are added in the last days? http://blockchain.info/de/charts/hash-rate
Avalon?
Avalon?
You should evaluate it a bit differently than that. Firstly, the original post and plan was for the company to reinvest 50% of its earnings into future growth, which has not started yet.
Wasnt that up to 50%? And i think there isnt much room for needed investments yet. Because the next batch is paid in full, loans are paid back and so on. Power cost will be hold in but besides that i dont see that another 50% will be needed for reinvestment.
By mid April i think. The dividends won't triple because the difficulty will rise but i still think we will be satisfied. If you ask me Asicminer shares are really undervalued and the thing that is keeping the price down is that bitcoin is still a small market and there are alot of early investor willing to sell alot of shares.
I wonder what the shareprice will behave once asicminer sells asics. I mean one could decide to run asics themself or invest in asicminer to earn from it. It will be interesting to see how this will work out.
They will half.
No. It will be less than half, because not all 200`000 ASICMINER shares were sold during the IPO.See https://bitcointalksearch.org/topic/m.1461466
Isnt it possible to calculate if until now only 154000 shares got paid or all 200000. At least i think that bitfountain still owns the remaining 46000 shares and should have gotten dividends for it. Simply because they were able to run the project with less shareholders. So they theoretically it would have been harder and since they own these shares i wouldnt complain if they get dividends for it.
At the end it should be possible to calculate how it ran.
By mid April i think. The dividends won't triple because the difficulty will rise but i still think we will be satisfied. If you ask me Asicminer shares are really undervalued and the thing that is keeping the price down is that bitcoin is still a small market and there are alot of early investor willing to sell alot of shares. They have made alot of money and now they feel they want to take out the profits. As soon as BTC shares market becomes bigger with alot of new people jumping i predict the price will rise. Also the shares are slowly moving to stronger hands. Somebody that has bought a share at 0,1 BTC back when BTC was 5$ won't have a problem selling them for 0,7 BTC today, while someone that bought shares last week for 0,8 BTC is not going to sell them cheap.
When the 50TH will be plugged?
Thanx for your reply.
I just bought 75 shares on BitFunder.
Maybe I bought while the share is on top, and end up loosing it all.
However, the reason for buying is the impression from friedcat, that he's a hard working guy with high level of professionalism, and that he succeed, when so many others failed.
With that type of guy steering the ship, chance of success is somewhat greater.
I'm in this for the long run, so I'll just cross my fingers and stay away from the sell button.
I just bought 75 shares on BitFunder.
Maybe I bought while the share is on top, and end up loosing it all.
However, the reason for buying is the impression from friedcat, that he's a hard working guy with high level of professionalism, and that he succeed, when so many others failed.
With that type of guy steering the ship, chance of success is somewhat greater.
I'm in this for the long run, so I'll just cross my fingers and stay away from the sell button.
I agree 1000%. People can speculate over share price, and talk about it dropping due to FriedCat and his team getting paid what they deserve.
I think the share are worth far more, not just because of the dividends, but because of the people that have made this possible.
Sometimes it is not all about money. I forcast a normal 1BTC price per share in the near future.
I have been very impressed with Friedcat. Think of the vast amounts he could have kept, or even paid back the IPO price and said "sorry".
He could have easily funded continued expansion for himself/his group. Instead he is keeping his word, and has become one of the most honest and trusted people in bitcoinland.
I look forward to greater things from Friedcat and Asicminer.
Props and thumbs up to Friedcat and his team for this continuing great success.
Could not agree more.
They will half.
No. It will be less than half, because not all 200`000 ASICMINER shares were sold during the IPO.See https://bitcointalksearch.org/topic/m.1461466
I believe there are still 400,000 shares in existence though, some of them weren't stold but they still exist.
Do I have this correct ?
One share was entitled to 1/200000 of dividends. Now it's 1/4000000. Unsold shares still exist, firedcat doesnt want to sell them, because he believes they are underpriced at the moment. It is unclear, what happend to the dividends of the unsold shares, though.
Also please note, that some reinvestment activities already took place. The second batch of 50 TH/s is already paid for in full with earlier mining profits.
They will half.
No. It will be less than half, because not all 200`000 ASICMINER shares were sold during the IPO.See https://bitcointalksearch.org/topic/m.1461466
I believe there are still 400,000 shares in existence though, some of them weren't stold but they still exist.
Do I have this correct ?
Thanx for your reply.
I just bought 75 shares on BitFunder.
Maybe I bought while the share is on top, and end up loosing it all.
However, the reason for buying is the impression from friedcat, that he's a hard working guy with high level of professionalism, and that he succeed, when so many others failed.
With that type of guy steering the ship, chance of success is somewhat greater.
I'm in this for the long run, so I'll just cross my fingers and stay away from the sell button.
I just bought 75 shares on BitFunder.
Maybe I bought while the share is on top, and end up loosing it all.
However, the reason for buying is the impression from friedcat, that he's a hard working guy with high level of professionalism, and that he succeed, when so many others failed.
With that type of guy steering the ship, chance of success is somewhat greater.
I'm in this for the long run, so I'll just cross my fingers and stay away from the sell button.
I agree 1000%. People can speculate over share price, and talk about it dropping due to FriedCat and his team getting paid what they deserve.
I think the share are worth far more, not just because of the dividends, but because of the people that have made this possible.
Sometimes it is not all about money. I forcast a normal 1BTC price per share in the near future.
I have been very impressed with Friedcat. Think of the vast amounts he could have kept, or even paid back the IPO price and said "sorry".
He could have easily funded continued expansion for himself/his group. Instead he is keeping his word, and has become one of the most honest and trusted people in bitcoinland.
I look forward to greater things from Friedcat and Asicminer.
Props and thumbs up to Friedcat and his team for this continuing great success.
They will half.
No. It will be less than half, because not all 200`000 ASICMINER shares were sold during the IPO.See https://bitcointalksearch.org/topic/m.1461466
I believe there are still 400,000 shares in existence though, some of them weren't stold but they still exist.
Do I have this correct ?
They will half.
No. It will be less than half, because not all 200`000 ASICMINER shares were sold during the IPO.See https://bitcointalksearch.org/topic/m.1461466
You should evaluate it a bit differently than that. Firstly, the original post and plan was for the company to reinvest 50% of its earnings into future growth, which has not started yet. In addition, so far the creators of the company have not been taking their cut of the profits. So the dividend will be cut by potentially 75%, perhaps more if the team & board determine that more aggressive reinvestment is needed in light of the butterfly labs delays and avalon shipping delays. But that reinvestment, if successful, will ultimately surface itself in share price gains.
You should evaluate it based on two things- When asicminer is able to bring more hashing power online(Currently deployment is a bit slow), and when the competition is able to ship(and how fast). If the competition is able to ship enough asics to bring online 1,000+ TH/s by August, Asicminer is indeed overpriced right now. If the competition struggles to bring online under 100 TH/s by August, asicminer is actually pretty cheap in terms of ROI potential. It is not an easy price to evaluate, which is why we have markets to try to do it for us.
You should evaluate it based on two things- When asicminer is able to bring more hashing power online(Currently deployment is a bit slow), and when the competition is able to ship(and how fast). If the competition is able to ship enough asics to bring online 1,000+ TH/s by August, Asicminer is indeed overpriced right now. If the competition struggles to bring online under 100 TH/s by August, asicminer is actually pretty cheap in terms of ROI potential. It is not an easy price to evaluate, which is why we have markets to try to do it for us.
Thanx for your reply.
I just bought 75 shares on BitFunder.
Maybe I bought while the share is on top, and end up loosing it all.
However, the reason for buying is the impression from friedcat, that he's a hard working guy with high level of professionalism, and that he succeed, when so many others failed.
With that type of guy steering the ship, chance of success is somewhat greater.
I'm in this for the long run, so I'll just cross my fingers and stay away from the sell button.
They will half.
ok, so they will half now,
Soon we are going to have over 50TH, so i assume they will more then Triple?
They will half.
Jump to: