The original investment was paid,
What will happen now with the dividends?
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1220. (Read 3917543 times)
Great summary, thank you. I still have my shares with friedcat, but I'm pretty sure I'll be doing this soon too. DT and Ukyo have been great with my all my other requests so far. Hard to beat that they aren't taking any extra fees too!
BitFunder starts at 1% of your sale, seems like a pretty good fee. btct.co is 1/5th of that.
Only in case you didnt notice... when you move all your asicminer shares to bitfunder then you own other shares, not real asicminer shares anymore. And you can only move this back in batches of 250 shares. So even though deadterra is highly trustworthy its still another layer of insecurity because you dont have a contract with friedcat anymore but deadterra has a contract with friedcat and you have a contract with deadterra.
Only wanted to mention because risks in bitcoin world are... um... something... And this doesnt mean that i dont trust deadterra... i hope everyone knows what i mean.
Only wanted to mention because risks in bitcoin world are... um... something... And this doesnt mean that i dont trust deadterra... i hope everyone knows what i mean.
I just finished with a transition request to Friedcat for -7- shares. If you want no minimum for transitioning back to direct ASICMINER shares try this PT:
https://btct.co/security/ASICMINER-PT
The volume there is neck and neck with volume elsewhere as well. (see: https://bitcointalksearch.org/topic/m.1662207 )
Cheers.
I have transferred a few of my shares to the BTC-TC passthrough, and would definitely recommend it to anyone who wants the option of trading their shares in the short term.
Great summary, thank you. I still have my shares with friedcat, but I'm pretty sure I'll be doing this soon too. DT and Ukyo have been great with my all my other requests so far. Hard to beat that they aren't taking any extra fees too!
BitFunder starts at 1% of your sale, seems like a pretty good fee. btct.co is 1/5th of that.
Only in case you didnt notice... when you move all your asicminer shares to bitfunder then you own other shares, not real asicminer shares anymore. And you can only move this back in batches of 250 shares. So even though deadterra is highly trustworthy its still another layer of insecurity because you dont have a contract with friedcat anymore but deadterra has a contract with friedcat and you have a contract with deadterra.
Only wanted to mention because risks in bitcoin world are... um... something... And this doesnt mean that i dont trust deadterra... i hope everyone knows what i mean.
Only wanted to mention because risks in bitcoin world are... um... something... And this doesnt mean that i dont trust deadterra... i hope everyone knows what i mean.
I just finished with a transition request to Friedcat for -7- shares. If you want no minimum for transitioning back to direct ASICMINER shares try this PT:
https://btct.co/security/ASICMINER-PT
The volume there is neck and neck with volume elsewhere as well. (see: https://bitcointalksearch.org/topic/m.1662207 )
Cheers.
Hi,
I' a BTC newbie who spent last 4-5 hours reading through 132 pages of discussions.
A big congrats to you who bought the IPO, and applause to friedcat who has done a splendid job with this Company.
A part of me feels like the train has already left the station, and if you want on board, you get to pay an hefty price, while a part of the reward (the dividends) is just about to be lowered.
Another part is saying that I am in this for the long run. I am not interested in getting my Money back in a couple months, I want to invest in what I believe can be a real success in the future. And Reading friedcat's weekly statements, and the level of professionalism he is delivering is surely giving a lot of confidence.
I am thinking of investing in ASICMINER, and I just want to confirm that I have understood this correctly:
- Share prices of IPO was 0.1 BTC / share, now they are ~0.8 BTC, so the value have already grown by roughly 8 times?
- Dividends has so far been about BTC0.02 - BTC0.025 / share / week, but it will be cut in half by next week, giving more revenue to the Company.
I am guessing this will go to future investments expanding the rigs and for future sales of ASIC's? Also perhaps a swimming pool for friedcat, well earned if I might say so.
- So far there have been alot of discussions regarding ASICMINER's hashing power, and rewards from that. But I have not seen much about future sale of ASIC rigs.
Is not that also a relevant thing to take into consideration when trying to find the value of a share?
Thanx to you all for giving me an interesing read this morning!
I' a BTC newbie who spent last 4-5 hours reading through 132 pages of discussions.
A big congrats to you who bought the IPO, and applause to friedcat who has done a splendid job with this Company.
A part of me feels like the train has already left the station, and if you want on board, you get to pay an hefty price, while a part of the reward (the dividends) is just about to be lowered.
Another part is saying that I am in this for the long run. I am not interested in getting my Money back in a couple months, I want to invest in what I believe can be a real success in the future. And Reading friedcat's weekly statements, and the level of professionalism he is delivering is surely giving a lot of confidence.
I am thinking of investing in ASICMINER, and I just want to confirm that I have understood this correctly:
- Share prices of IPO was 0.1 BTC / share, now they are ~0.8 BTC, so the value have already grown by roughly 8 times?
- Dividends has so far been about BTC0.02 - BTC0.025 / share / week, but it will be cut in half by next week, giving more revenue to the Company.
I am guessing this will go to future investments expanding the rigs and for future sales of ASIC's? Also perhaps a swimming pool for friedcat, well earned if I might say so.
- So far there have been alot of discussions regarding ASICMINER's hashing power, and rewards from that. But I have not seen much about future sale of ASIC rigs.
Is not that also a relevant thing to take into consideration when trying to find the value of a share?
Thanx to you all for giving me an interesing read this morning!
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.
So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
You always get 2 transactions. The one shows the number of shares you own in satoshis. So you can know for sure if you got payment for the bought shares already or not.
So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
for me it was 0.00750846 per shareSo the dividend should be extra low this Wednesday as it only covers half a week, much like this one today.
I guess the first 'normal' full week dividend will be on Wednesday the 3rd of April.
No way to know for sure without Friedcat saying so.
So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
for me it was 0.00750846 per shareConfirmed, I also recieved 0.00750846 per share.
So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
for me it was 0.00750846 per shareSo the dividend should be extra low this Wednesday as it only covers half a week, much like this one today.
I guess the first 'normal' full week dividend will be on Wednesday the 3rd of April.
So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
for me it was 0.00750846 per share
So, whats was the payout per share this dividend? Had some shares come in at the last second, wanted to verify everything went through.
Looks like ASICMINER sent the final initial investment dividend!
This does appear to be a resounding success.
I purchased my meagre 124 shares using all the BTC I could manage to get my hands on due to my location.
These shares cost me around 15 BTC ($180 at that time) as I purchased them off the market just after the IPO had finished.
Right now they're changing hands for around 0.8 BTC each on the passthrough giving them a value of 99.2 BTC or about $7100 and that's after I've been paid the 12.4 BTC principal in dividends (another $890) and the dividends continue to come in.
Not bad for $180. A good job all around.
Sure, if you go all in you can win big
Congrats anyway
I meant just about 30 minutes ago sent the remained (.0079) dividend to repay initial investors.
waiting for confirmation on the transfer now
waiting for confirmation on the transfer now
My question : is there any other place in web we can get news and updates on ASICMINER or Bitfountain, except this thread?
Nope, this is it.
@Naelr
there is no investment without risk.
My question : is there any other place in web we can get news and updates on ASICMINER or Bitfountain, except this thread?
there is no investment without risk.
My question : is there any other place in web we can get news and updates on ASICMINER or Bitfountain, except this thread?
Any other updates would just be relaying what is said in this thread.
Looks like ASICMINER sent the final initial investment dividend!
This does appear to be a resounding success.
I purchased my meagre 124 shares using all the BTC I could manage to get my hands on due to my location.
These shares cost me around 15 BTC ($180 at that time) as I purchased them off the market just after the IPO had finished.
Right now they're changing hands for around 0.8 BTC each on the passthrough giving them a value of 99.2 BTC or about $7100 and that's after I've been paid the 12.4 BTC principal in dividends (another $890) and the dividends continue to come in.
Not bad for $180. A good job all around.
no, only this thread
@Naelr
there is no investment without risk.
My question : is there any other place in web we can get news and updates on ASICMINER or Bitfountain, except this thread?
there is no investment without risk.
My question : is there any other place in web we can get news and updates on ASICMINER or Bitfountain, except this thread?
Looks like ASICMINER sent the final initial investment dividend!
Friedcat and his team have impressively proven their capability. Everything from IPO is payed back. This is incredibly awesome! Congratulations! It is time bitfountain shares set in and the people behind this highly successful undertaking get what they deserve: truck loads of bitcoin . Now, with bitfountain's and asicminer's aligned interests, shareholders can look into an even brighter future.
If they manage to deploy the 50 TH batch in April, profits will be bigger than ever before - even after dividend halving and competition catching up. If competitions keeps failing however, profits will not be big, they will be huge.
. Now, with bitfountain's and asicminer's aligned interests, shareholders can look into an even brighter future.If they manage to deploy the 50 TH batch in April, profits will be bigger than ever before - even after dividend halving and competition catching up. If competitions keeps failing however, profits will not be big, they will be huge.
Its difficult to judge. But i think the possibility of power cost skyrocket or bitcoin drop so far is relatively low. But as i said... its an investment.
The former glbse-miners were somewhat strange. The dividend gots lower and lower and at the same time the shareprice dropped. At the end you had the same money than before with most investments. Asics are something different now, because they are new.
The former glbse-miners were somewhat strange. The dividend gots lower and lower and at the same time the shareprice dropped. At the end you had the same money than before with most investments. Asics are something different now, because they are new.
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