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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 202. (Read 3917524 times)

legendary
Activity: 896
Merit: 1001
Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

Do you actually keep a record, maybe even some graph of the shares imported to Havelock? It would be interesting to correlate that to news and maybe also the price on Havelock or the Bitcoin price in general!


I don't, but I could set up a php to do it if people want.  Unfortunately, we'd only get the net and not the directional flows of shares since Havelock mass-transfers manually it seems.  But I could do fun graphs with the price and volume Smiley

THis would be very interesting to see.  I wonder if someone already has done this and use this information to day-trade.
sr. member
Activity: 328
Merit: 250
We could post here everytime the net in or out whenever shares are transferred from and out of the platform, if there is a demand for it.



Date/Time    Type                    Qty

9/11/2014 12:06   transferin   500
9/11/2014 12:06   transferin   10
9/11/2014 12:06   transferin   13
9/11/2014 12:06   transferin   1
9/11/2014 12:06   transferin   2
9/11/2014 12:06   transferin   255
9/11/2014 12:06   transferin   45
9/11/2014 12:06   transferin   7
9/11/2014 12:06   transferin   64


9/9/2014 1:14           transferout    -607
9/2/2014 8:35           transferout -97
hero member
Activity: 938
Merit: 502
Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

Do you actually keep a record, maybe even some graph of the shares imported to Havelock? It would be interesting to correlate that to news and maybe also the price on Havelock or the Bitcoin price in general!


I don't, but I could set up a php to do it if people want.  Unfortunately, we'd only get the net and not the directional flows of shares since Havelock mass-transfers manually it seems.  But I could do fun graphs with the price and volume Smiley

Also, it appears that the most recent (16:08 today for me - Blockchain time zoning blows) from the two non-Guild addresses were just from a change output from an earlier transaction...
hero member
Activity: 518
Merit: 500
Trust me!
Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

Do you actually keep a record, maybe even some graph of the shares imported to Havelock? It would be interesting to correlate that to news and maybe also the price on Havelock or the Bitcoin price in general!
hero member
Activity: 938
Merit: 502
Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...
hero member
Activity: 518
Merit: 500
Trust me!
Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Sure, but given the average estimated yield of ~33% in AM's glory times, this would justify a share price of 0.03 BTC! In an environment this risky, not a very good return. But I agree that we first need to work on building up trust again, and it would still be a good sign - if the dividends continue.
sr. member
Activity: 420
Merit: 250
Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.
hero member
Activity: 518
Merit: 500
Trust me!
The shares seem to have come back down on Havelock. Pump and dump?

I'm gonna lol if it turns out they just didn't make the hourly queue and it keeps paying in for the rest of the day

< 10 mins to find out. Get those speculative orders in.

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...
member
Activity: 108
Merit: 10
The shares seem to have come back down on Havelock. Pump and dump?

I'm gonna lol if it turns out they just didn't make the hourly queue and it keeps paying in for the rest of the day

< 10 mins to find out. Get those speculative orders in.
hero member
Activity: 938
Merit: 502
The shares seem to have come back down on Havelock. Pump and dump?

I'm gonna lol if it turns out they just didn't make the hourly queue and it keeps paying in for the rest of the day
sr. member
Activity: 420
Merit: 250
The shares seem to have come back down on Havelock. Pump and dump?
newbie
Activity: 17
Merit: 0
hmmm.  So, if I had 1000 BTC sitting on guild.  (which I don't)
And I lowered my withdrawl amount to 10 BTC.
It would send me my limit amount every hour until it fell below that amount.


This seems the most logical explanation. BTCguild's hasn't found enough blocks in the last hours to account for this. But 270TH mining from mid July would make about 350 BTC (REALLY rough number). We will see if this is correct in about 15 hours. Smiley

Sorry to spoil the mood... Ahem... TO THE MOON!!!1!!  Grin
full member
Activity: 432
Merit: 100
No one seems to mentioning that a large number of chips supposedly went to franchise partners. I'm willing to bet that what AM is mining on bTCguild isn't all of their mining income.
hero member
Activity: 617
Merit: 559
So, considering that a user at BTC guild has control over payout schedule and amounts, what makes people believe they have more than what the known hash power at BTC guild represents?

Certainly they could have been accumulating for a couple months now, and these coins are just coming out of that balance.

Did I miss something?


That seems plausible. Fried Cat may have been quietly amassing serious coinage since mid-July. It almost makes good sense given he announced they had finally located sites that offer cheap electricity and ample space for deployment. I mentioned this yesterday, it would be very Fried Cat-ish to keep the mining income hush-hush until he is ready to release the hounds.

There could be thousands of Bitcoin already amassed, trickling out at 10BTC per hour. September is shaping up very nice with this development and the rumored Gen4 tapeout occurring at some point in the next few weeks. Timing couldn't be better with big news for the currency itself hitting the wires (Coinbase + Paypal).
legendary
Activity: 896
Merit: 1001
So, considering that a user at BTC guild has control over payout schedule and amounts, what makes people believe they have more than what the known hash power at BTC guild represents?

Certainly they could have been accumulating for a couple months now, and these coins are just coming out of that balance.

Did I miss something?
hero member
Activity: 700
Merit: 500
does btcguild limit 10btc per withdrawl on the topside?
im assuming they do.

Maybe it was set to do that
Either that or can someone name an exchange that limits it to 10 BTC an hour
full member
Activity: 432
Merit: 100
Does anyone have a good estimate of what sort of margin AM could achieve at various electricity costs? I'm not too good at figuring that out and it would be helpful to try to figure out what shareholders could expect from mining income.
hero member
Activity: 518
Merit: 500
Trust me!

fact: AM's historical mining address keeps stacking BTC. About 123 up to now. nom nom nom  ^^
https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i

edit: so AM indeed started mining from july (at least on btcguild) and did not processed any withdrawals... Until now, with a 10 BTC threshold every hour. Question is... How many btc they have been accumulating?  Grin Cheesy

"Lol you think its only been on Guild..."

Hum whatever. Nom nom nom Cool

No, I agree - they've obviously been doing work via BTCGuild, but geez, imagine if this level of revenue starts coming in from other pools too

I think they did mine with other pool as well but somehow consolidated the BTC revenues on their BTC Guild address. And now starts withdrawing at constant 10BTC/h pace.
Sky is the limit! ^^
F#cking excited! love you all! Kiss

edit: 133BTC!! Cheesy Cheesy Cheesy

Holy cow! This could be! Can you actually transfer BTC to BTCGuild? Maybe they've got some kind of inside deal if you usually can't? It's a perfect way of trickling in dividends to the actual mining address!
hero member
Activity: 518
Merit: 500
hmmm.  So, if I had 1000 BTC sitting on guild.  (which I don't)
And I lowered my withdrawl amount to 10 BTC.
It would send me my limit amount every hour until it fell below that amount.


Are you imagining FC is making more than 10 BTC every hour on guild? Nice if it were so ...... Smiley
legendary
Activity: 1025
Merit: 1000
Train is taking off, how high will we go?
13 PH = almost 7 % of the network
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