Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1221. (Read 3917543 times)

OH I fully understand that, I had shares in several Bitcoin mining operations at GLBSE and I must say I am extremely happy with ASICMINER I am just trying to find out if we are talking a year or 2 years or 3 or whatever and I realize that there are 100 different reasons ASICMINER might decide to stop mining.. BTC drops to $1, or electricity goes up by a factor of 10 or whatever just trying to figure out for myself and longevity on ASICMINER would play a big factor in my decision right now.

 

I dont say that the shares-price will be paid back back easily with dividends only. But i say that you can decide to invest in asicminer or to keep bitcoins only. If you invest in asicminer and the shareprice remains relatively stable or even goes up you will not only earn money fromt he rising bitcoinprice, you will earn from the rising shareprice and the dividends. And i doubt you know another investment that pays such dividends. At the end you have to calculate the price of your shares (check the last trades price), your dividends and if u wish the course of the bitcoin to find out what you won. I mean there are companies out there that doesnt even pay dividends, you only invest in hope of rising share price. Asicminer is even better.
But of course i wont say that you will win much money. I think you will have more than before but its still an investment and investments mean a risk somehow.

Thanks for the quick response SebastianJu, so your saying that buying more shares should, at the very least because of the long term plans of ASICMINER, pay themselves back with more payouts to come?  By my very rough estimates it would take about 30 weeks for the payouts to pay back on the cost of 1 share (with dividends at current payouts).. So 7.5 months to a year should be no problem for ASICMINER to pay out dividends hopefully with at least another year to come?


Naelr

Confirmed. They have now paid back everything from the IPO.

IPO has ended long ago. Asicminer itself is created as a long term project. Its not only for mining but at a later time asics will be sold. I think asic-time only started and asics will dominate mining for a long time. So even though the profits will drop at some point when we have the maximum possible hashpower it will go on with selling asics. And that looks to me like the possibility to earn more money than invested will remain for years. Of course bitcoin-world is hard to predict for the future.

OK can someone point me in the direction or just give some kind of idea to answer this question?  I have shares in ASICMINER and am considering purchasing more... the question I have is has friedcat or anyone for that matter stated the projected life of the ASICMINER IPO?  Sooner or later friedcat will start losing money and it would make sense for him to stop paying shareholders and buyback or whatever is going to happen, even then maybe start selling off his hashing power.  So with gigavips and TERRAMINING (if BFL ever shipps) his is only going to last 9 months making me not care to purchase any more shares.  But if ASICMINER is as of right now opened with option to buyback... I am really considering some more shares.   Can anyone shed any light on subject because this is a long thread and I haven't found it yet.

Thanks friedcat keep up the good work and thanks to this awesome community!

Naelr

sad thing is i had 5 shares bought at ipo price, but sold them shortly before the whole glbse collapse... now i'm back in with a solid... uh... 1. *ahem* right then.

Welcome to the club!

*happy, teary eyed sniff* my first one...

Shares count confirmation payment received, previous was 20 march. But now is sunday. First halved dividends today?
[edited]
Dividends received 0.00750846 per share.

Did anyone just get confirmation satoshis? It's not Wednesday 

A small increase in hashpower at BTCGuild-- 6487 GH/s.  This may not seem like much, but it's a preliminary indicator that friedcat may have fixed the network problems!  It might keep growing

Ok, then its only the minimum. Like i said, i trust you judging from your past actions. Its only... nefario, diablo and other persons were trusted too and for some reason at the end they wasnt the best financial experts. I think you showed already that you can do it. Only like i said... the additional layer is it that i wanted to point out. No harm meant. I suggest you at least for selling shares because its a higher price then the thread price. But i think you understand my reason.
[/quote]
Of course
No offense taken.
Shit can happen, and there's always a risk when involving another layer of control.
//DeaDTerra

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 haven't been following this thread for long and it would be quite a read. So help me out... is there or will there any way to trade ASICminer shares so that you have the contract with ASICminer directly?
[/quote]

Yes, of course. You can use the orderbook thread here: https://bitcointalk.org/index.php?topic=148282.new;topicseen#new but you have to follow the rules. You can buy starting from 50 shares.

And you can buy Asicminer-Passthroughs from deadterra through this exchange: https://bitfunder.com/asset/G.ASICMINER-PT#pane_tradehistory Once you have 250 shares or more you can ask deadterra to transfer the real asicminer shares to yourself and you give the asicminer-passthrough-shares back to deadterra.

Ok, then its only the minimum. Like i said, i trust you judging from your past actions. Its only... nefario, diablo and other persons were trusted too and for some reason at the end they wasnt the best financial experts. I think you showed already that you can do it. Only like i said... the additional layer is it that i wanted to point out. No harm meant. I suggest you at least for selling shares because its a higher price then the thread price. But i think you understand my reason.
[/quote]

I haven't been following this thread for long and it would be quite a read. So help me out... is there or will there any way to trade ASICminer shares so that you have the contract with ASICminer directly?

It's not in batches of 250 but a minimum of 250, which I have put in place to remove strain from Friedcat
http://bitcoin-otc.com/viewratingdetail.php?nick=DeaDTerra
It's indeed a additional layer of risk, but as several people have stated my past is clean and I have dealt with sums up to 15k BTC (when my fund was the biggest) and PTs are nothing new to me.
//DeaDTerra
[/quote]

Ok, then its only the minimum. Like i said, i trust you judging from your past actions. Its only... nefario, diablo and other persons were trusted too and for some reason at the end they wasnt the best financial experts. I think you showed already that you can do it. Only like i said... the additional layer is it that i wanted to point out. No harm meant. I suggest you at least for selling shares because its a higher price then the thread price. But i think you understand my reason.

It's not in batches of 250 but a minimum of 250, which I have put in place to remove strain from Friedcat
http://bitcoin-otc.com/viewratingdetail.php?nick=DeaDTerra
It's indeed a additional layer of risk, but as several people have stated my past is clean and I have dealt with sums up to 15k BTC (when my fund was the biggest) and PTs are nothing new to me.
//DeaDTerra

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.