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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1248. (Read 3917591 times)

hero member
Activity: 868
Merit: 1000
I've done some calculations  and came to the fact that:

Price per share @ IPO: 0.1 BTC * 12 dollar = 1,2 dollar/share

Currently mined blocks: ~284
Currenly mined BTC: 284 x 25 = 7100
BTC / share: 7100 / 200000 = 0.0355
Dollar / share = 0.0355 * 34 = 1.207!

So actually we mined our IPO price back about an hour ago! Tongue

*I know the exact mined BTC are not 284 and after IPO price is reached the BTC have to be devided my 400000 but this is pretty nice after about 2 weeks of mining Tongue (and the recently rising Bitcoin price Wink)

I paid for my shares with mined BTC, not with $, so far they mined 0.02xx BTC back as far as I am concerned....

Needless to say, that is better than most Bitcoin investments !!!!
sr. member
Activity: 322
Merit: 252
I've done some calculations  and came to the fact that:

Price per share @ IPO: 0.1 BTC * 12 dollar = 1,2 dollar/share

Currently mined blocks: ~284
Currenly mined BTC: 284 x 25 = 7100
Currently mined BTC / share: 7100 / 200000 = 0.0355
Currentl value mined BTC / share = 0.0355 * 34 = 1.207 dollar / share!

So actually we mined our IPO price back about an hour ago! Tongue

*I know the exact mined BTC are not 284 and after IPO price is reached the BTC have to be devided by 400000 but this is pretty nice after about 2 weeks of mining Tongue (The recently rising Bitcoin price also helped a bit Wink)
sr. member
Activity: 476
Merit: 250
It would be easy to run rampant with speculations.

Let's see what information Thursday's update, coming on Friday this week Smiley, hopefully, will provide.
sr. member
Activity: 322
Merit: 252
Fresh speculations on competitors:
But why the hell is the hashrate only 3-5 TH/s -- it should be 12+! This is an incredible window of opportunity, but it will be closing soon...

I'm also wondering that (not that we're not 12+TH/s, but since we've run on 4.6TH/s before, why it decreased the last days??)
See my Hash Graph:


These weeks are THE opportunity to cash in really fast!

I really hope, also for all the loyal shareholders, they fully concentrate on the hashing power instead of the exchange (which is after all for the people who will get rid of their shares..) I hope this has something to do with the burn-in/testing, and isn't because of cooling problems (which maybe shuts down the devices)
vip
Activity: 1316
Merit: 1043
👻
Absolutely. Friedcat has promised an update tomorrow after he gets some sleep.
sr. member
Activity: 362
Merit: 250
Fresh speculations on competitors:

Avalon: Shipping batch 1 on Monday, expected to reach customers Mar 15, 290 units @ 66 GH/s approx. 20 TH/s.

BFL: The comedy continues: chips have been in bumping for 15 days (Josh, Feb 5: "It should take no more than 24 hours to bump all our chips"). They will still need packaging, assembly, testing, final assembly and shipping. Not to mention that each of these steps occur in different locations. I would be surprised if BFL products hit customers before April.

ASICMINER: Already hashing  Cool

But why the hell is the hashrate only 3-5 TH/s -- it should be 12+! This is an incredible window of opportunity, but it will be closing soon...
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
Tip of the hat to Friedcat and ASCIMINER team! Div. received, history made, and glad to have been a small part of it..
donator
Activity: 994
Merit: 1000
Friedcat, would you mind sharing power consumption numbers (Mhash/Joule) of your chips? Do they match what you initially estimated?

No answer? If I were a shareholder I would want to know.
power consumption currently isn't the defining criterium. But I suspect it will be mentioned in one of the upcoming updates.
mrb
legendary
Activity: 1512
Merit: 1028
Friedcat, would you mind sharing power consumption numbers (Mhash/Joule) of your chips? Do they match what you initially estimated?

No answer? If I were a shareholder I would want to know to be able to infer operational costs that are bound to increase in the near future.
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
I have not received any payments to 1GrrVSCpHDXSyMkW64Z6wH7bSgkDifVXpM. Any ideas?

Thanks
Did you get the test payment?

Nope.
Did you get the confirmation email from friedcat a month or two ago, with this address and balance according to GLBSE data?
vip
Activity: 198
Merit: 101
couchinator Just email friedcat.
newbie
Activity: 15
Merit: 0
I have not received any payments to 1GrrVSCpHDXSyMkW64Z6wH7bSgkDifVXpM. Any ideas?

Thanks
Did you get the test payment?

Nope.
sr. member
Activity: 294
Merit: 250
Wow. congrats to you people. I am a little jealous. Enjoy your dividends!
newbie
Activity: 36
Merit: 0
Would also like to buy shares ^_^. Could be a good opportunity to list a passthrough on btct.co or litecoinglobal.com Smiley
vip
Activity: 1316
Merit: 1043
👻
I have not received any payments to 1GrrVSCpHDXSyMkW64Z6wH7bSgkDifVXpM. Any ideas?

Thanks
Did you get the test payment?
newbie
Activity: 15
Merit: 0
I have not received any payments to 1GrrVSCpHDXSyMkW64Z6wH7bSgkDifVXpM. Any ideas?

Thanks
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Maybe this is answered in previous 100 pages of posts... Why can't they use https://btct.co/ ?

No one really trusts btct.co. I'd rather see it on BitFunder.

I am curious as to how this perception came to be.  I've been pretty diligent about trying to counter the FUD campaigns.  (there have been several unfortunately.)

Security is probably a good reason.

Heh.  I still have the logs from all your probing.  Wink  Did I miss anything?  I'm willing to pay for good proven hacks that work against the core integrity of the exchange.  (eg, share/wallet/order manipulation, etc.)



Please direct replies over here: https://bitcointalksearch.org/topic/btc-tc-virtual-community-exchange-closed-125629

Cheers.

Edit/Add, the OP on the btct.co thread is also a good read for anyone concerned about a repeat of the GLBSE fiasco.  Long story short; BTCTC asset issuers already have the list and updates are sent out twice daily.
vip
Activity: 1316
Merit: 1043
👻
No but if you are interested in buying we have 69 shares. PM with price.
hero member
Activity: 588
Merit: 500
Are shares available to the public yet?
sr. member
Activity: 310
Merit: 250
Looking to buy shares, please PM me price.
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