Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1226. (Read 3917029 times)

I would agree. There are the two passthroughs on the two stock exchanges if there are individuals who prefer that method. Personally, I think there's a novel appeal to scouring the Marketplace forums for AM shares. It forces potential buyers to research and see what they're getting into. It also encourages interaction and knowing who you're dealing with, as opposed to just clicking "buy/sell" (which are perfectly fine methods as well). These are all positives (imo). Until there is an official platform, I think the current method is a fine stop-gap for the time being.

I'm sure this will be seen as negative, but I'm not really fussed about ASICMiner being back on a share/stock exchange.

ASICMiner was one of the few success stories that also survived GLBSE. Why risk the stress (and loss of BTC) of that happening again.

The problem is, I assume, that a lot of time and money already went into building their own solution. If they decide to go for Bitfunder they would throw that all away. With the passthroughs happening I can only speculate it released some of the pressure on their own platform since trading can now happen relatively easy.

Who knows, perhaps today's update can address it.

I suggest that friedcat sets up the shares on bitfunder.com, it seems like a good enough exchange. The GLBSE problem can't happen again since there doesn't have to be a significant amount of BTC going in/out of the exchange. It has a 2 factor authentication and that seems good enough for me.

What do you guys think? I think developing own trading platfor will take forever and it will be too much work. Also dealing with security is a problem. Anyway I think that the liquidity of the shares would go up and it would be good for ASICMINER

Same here for most of my shares

Selling my ASICMINER shares:

https://bitcointalksearch.org/topic/selling-asicminer-shares-total-76-shares-for-60-btc-155440

correct.

You also bought in at IPO price right?

Of course you're entitled to your own opinion. But I am an investor not a speculator, thus my math works a little bit differently. The price of 0.5 BTC/share was chosen for two reasons: a) it was a target sell from the get-go (yes I do have a schedule). b) It is what I consider a "fair" trading price, which takes into account the expected earnings in the foreseeable future. The current market price only makes sense if you assume that people "bet" on the genius friedcat to come up with a way to continue the success story past 2013. And for that very same reason I am not gonna liquidate my remaining position for a long time. Thank you.

Trying to figure out ASICMINER's deployment process purely by watching their workers isn't a good way to predict future hashpower.

Also, using a portion of the dividends to increase future expansion is not a bad idea at all. It's the difference between an actual mining company and a PMB.

So unless we will grow by 60% at least. We are going to receive way less dividends next week!

We also might get more hashpower, like really

I really don't like to bring this up again and again but Friedcat have to give us ETA on the exchange very soon! For the ones who are willing to trade so they can jump on other investment or spend some of the earnings, we are losing alot.

The speculation price for ASICMINER shares should have been greatly affected by many events and because the exchange was not available by that time alot of us lost alot of money and opportunity. For example.

- Some would have sold to buy Avalon ASICs before the first deployment. They could have been in Batch #1!
- Some would bought before the first dividend for much much less (I know I did so and could have done WAY better)
- Some could have sold for much higher due to speculation effect since the first deployment (Jutarul fixed auction for 0.5 was an utter loss and waste of effort for him in my opinion!)

and alot more!

By next week we will hit the "Break-even" for the IPO price which will cut the dividends by 50% AND even more! because ASICMINER "might" save up to 35% of the profit for future investments and expansions. (Refer to IPO). Considering as well the "relatively"slow deployment rate that doesn't look like it is going to compensate for the two points I just mentioned, This event will greatly affect the share price and open alot of opportunities for many of us either seeking liquidation or more shares.

I urge friedcat to address this issue in this week's update with satisfying details to the shareholders. Thank you for the hard work Friedcat. We really DO appreciate it. We just need this information

Those dates where made assuming difficulty wasn't changing.  The date nears when hashpower increases/difficulty goes up and the date goes further in the future when hashpower decreases/difficulty goes down.

For example, if difficulty continues to go up every difficulty period by 10%, then the difficulty period is no longer ~14 days and instead only ~12.6 days.  Right now, the halving will be sooner than Nov 25th 2016.

That's right, the Ozco.in stats were added later (the next column) and I didn't change the name of the BTC/day column. _{(I did now )}
These values were used for my personal BTC/day graph but I removed it later.

Based on how the BTC/Day jumps when all the TH/s was moved to BTCGuild, it seems like the BTC/Day calculation was only calculating BTC/day from BTCGuild.

how did you derive the daily numbers? You need to be aware that luck is an ingredient in the equation. seeing a 40% variation is nothing unexpected. (although a bit high on a weekly basis)

addendum: see below the post of msm595. The calculation is likely screwed up.

According to:
https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0


How is it possible that:
on 3/11/2013 22:06:14 at difficulty 4367876 we were making just 460.02btc/day

while today:
on 3/20/2013 15:19:12 at diff 4847647 we are making 628.91btc/day?

Any ideas how to explain that?

Ok, I'm sorry. Did not want to insult you. But let's leave it at that.

Yes, in fact I think the dividend paid today pretty much covers my initial investment based on the current MTGOX USD/BTC rate so when I add in all the other dividends I've received and the fact that I still have the shares this has turned out to be a very nice investment.

I only wish I purchased more than 124 shares. I had the cash but couldn't find a way to buy BTC back then due to my location.