Hey, we found another block over night. Dividends are going to be comparatively great this week!
omg omg
-> https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 472. (Read 3917543 times)
March 04, 2014, 09:38:11 AM
omg omg
-> https://blockchain.info/address/1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
March 04, 2014, 09:35:04 AM
Hey, we found another block over night. Dividends are going to be comparatively great this week!
March 04, 2014, 09:27:48 AM
Hi guys. I'm new here.
I have some shares of AM accumulated on 796 Exchange and had them transferred to the direct share several days before. But I haven't got any reply from Friedcat to confirm the transfer. Is there any convenient way to check whether the transfer has been success or not?
Transfers are done every wednesday. Did you issue the request prior to last wednesday? Otherwise wait for tomorrows dividends, your request should be fulfilled by then.I have some shares of AM accumulated on 796 Exchange and had them transferred to the direct share several days before. But I haven't got any reply from Friedcat to confirm the transfer. Is there any convenient way to check whether the transfer has been success or not?
Thank you! I issued the request after last Wednesday. Will I miss tomorrow's dividends?
March 04, 2014, 09:22:07 AM
http://www.reddit.com/r/Bitcoin/comments/1zil4k/bitcoin_driving_innovation_bitcoin_2phase/
some general info about cooling for those interested. (AM not mentioned)
some general info about cooling for those interested. (AM not mentioned)
Following this Reddit post, I found a paper with a pretty good summary of the historical events (from the very beginning to Aug 2013) of ASICMiner and other ASIC companies.
The paper can be found here: http://cseweb.ucsd.edu/~mbtaylor/papers/bitcoin_taylor_cases_2013.pdf
The author also mentioned his paper on this forum: https://bitcointalksearch.org/topic/bitcoin-and-the-age-of-bespoke-silicon-bitcoin-mining-reaches-academia-281886
March 04, 2014, 09:08:15 AM
Hi guys. I'm new here.
I have some shares of AM accumulated on 796 Exchange and had them transferred to the direct share several days before. But I haven't got any reply from Friedcat to confirm the transfer. Is there any convenient way to check whether the transfer has been success or not?
Transfers are done every wednesday. Did you issue the request prior to last wednesday? Otherwise wait for tomorrows dividends, your request should be fulfilled by then. I have some shares of AM accumulated on 796 Exchange and had them transferred to the direct share several days before. But I haven't got any reply from Friedcat to confirm the transfer. Is there any convenient way to check whether the transfer has been success or not?
March 04, 2014, 08:54:46 AM
Hi guys. I'm new here.
I have some shares of AM accumulated on 796 Exchange and had them transferred to the direct share several days before. But I haven't got any reply from Friedcat to confirm the transfer. Is there any convenient way to check whether the transfer has been success or not?
I have some shares of AM accumulated on 796 Exchange and had them transferred to the direct share several days before. But I haven't got any reply from Friedcat to confirm the transfer. Is there any convenient way to check whether the transfer has been success or not?
March 04, 2014, 08:16:25 AM
http://www.reddit.com/r/Bitcoin/comments/1zil4k/bitcoin_driving_innovation_bitcoin_2phase/
some general info about cooling for those interested. (AM not mentioned)
some general info about cooling for those interested. (AM not mentioned)
March 04, 2014, 07:49:18 AM
Investment looks at future earnings potential not past. Through what mechanism will that R&D benefit the shareholders if profits continue to be plowed back into more R&D. At some point you have to acquire a profit.
Nope, The past is always the key. How else you can anticipate future earnings? The past will tell you what to anticipate more correctly. If you are a true investor a profit is not the issue, it is how high it is!
March 04, 2014, 07:11:13 AM
Investment looks at future earnings potential not past. Through what mechanism will that R&D benefit the shareholders if profits continue to be plowed back into more R&D. At some point you have to acquire a profit.
March 04, 2014, 06:29:27 AM
If it's a case of stock being valued primarily by it's mining dividend, how does it prosper from initially selling off most it's resources which do that?
?? ASICMINER always does the opposite. The drastic decline started even before competition. When ASICMINEr started to hold funds to invest in Gen3 instead of giving them out as divs. March 04, 2014, 06:19:16 AM
If it's a case of stock being valued primarily by it's mining dividend, how does it prosper from initially selling off most it's resources which do that?
March 04, 2014, 06:04:34 AM
TL;DR he is solid trustworthy
I don't think anyone here who has held shares would disagree but this isn't about that. IPO investors who entrusted him with 500 BTC (~$5000 at the time) for a board seat (5000 shares) are now millionaires, go back and read that for yourselves. However, the question that many people here (speculators and soon-to-be shareholders) are wondering:
Q: Is it more profitable to
1) just hold BTC
2) spend BTC to buy mining gear that is "ahead of the curve"
3) spend BTC to buy shares in mining company that develops and sells their own hardware
It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC.
Conceptually I like option 3 but without regulation what protection is there in anything regarding BTC other than the currency itself? I'm sure FC is a stand up guy but what mechanism or condition is in place for investors to have any assurance they will see benefits from their investment should things really move in a positive manner?
You must be new here, You see the amount of money people make in crypto is because the risks they take! You thought this was free money for nothing?
Consider the IPO, I was there, I gave some guy in china with the pseudonym "Friedcat" thousands of dollars for a promise that he would make something that name like bASIC and Butterfly Labs were going for as well. Alot looked at me as stupid then as lucky and I keep telling them "I took a major risk, I freaking deserve every penny I made!"
March 04, 2014, 05:55:27 AM
Conceptually I like option 3 but without regulation what protection is there in anything regarding BTC other than the currency itself? I'm sure FC is a stand up guy but what mechanism or condition is in place for investors to have any assurance they will see benefits from their investment should things really move in a positive manner?
Things moved in a very positive manner last year (20% network hashrate) and friedcat dished out enormous dividends.
March 04, 2014, 05:26:09 AM
TL;DR he is solid trustworthy
I don't think anyone here who has held shares would disagree but this isn't about that. IPO investors who entrusted him with 500 BTC (~$5000 at the time) for a board seat (5000 shares) are now millionaires, go back and read that for yourselves. However, the question that many people here (speculators and soon-to-be shareholders) are wondering:
Q: Is it more profitable to
1) just hold BTC
2) spend BTC to buy mining gear that is "ahead of the curve"
3) spend BTC to buy shares in mining company that develops and sells their own hardware
It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC.
Conceptually I like option 3 but without regulation what protection is there in anything regarding BTC other than the currency itself? I'm sure FC is a stand up guy but what mechanism or condition is in place for investors to have any assurance they will see benefits from their investment should things really move in a positive manner?
March 04, 2014, 01:58:02 AM
However, the question that many people here (speculators and soon-to-be shareholders) are wondering:
Q: Is it more profitable to
1) just hold BTC
2) spend BTC to buy mining gear that is "ahead of the curve"
3) spend BTC to buy shares in mining company that develops and sells their own hardware
It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC.
My question goes farther... taking into consideration the difficulty of mining and other imprevisible factors, how long a company that sell hardware will make profit? It is worth to invest in it, as all these companies PREsell those miners and send them to you after they are already expired!? Q: Is it more profitable to
1) just hold BTC
2) spend BTC to buy mining gear that is "ahead of the curve"
3) spend BTC to buy shares in mining company that develops and sells their own hardware
It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC.
For example, paying for 2TH now and getting it in May or June is like killing yourself
What do you think?
Hence ASICMINER policy of no pay up front before we bake 'em.
March 04, 2014, 01:55:32 AM
However, the question that many people here (speculators and soon-to-be shareholders) are wondering:
Q: Is it more profitable to
1) just hold BTC
2) spend BTC to buy mining gear that is "ahead of the curve"
3) spend BTC to buy shares in mining company that develops and sells their own hardware
It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC.
My question goes farther... taking into consideration the difficulty of mining and other imprevisible factors, how long a company that sell hardware will make profit? It is worth to invest in it, as all these companies PREsell those miners and send them to you after they are already expired!? Q: Is it more profitable to
1) just hold BTC
2) spend BTC to buy mining gear that is "ahead of the curve"
3) spend BTC to buy shares in mining company that develops and sells their own hardware
It is highly recommended that those who decide to partake in any of these options to do your research, or you will just give away your BTC.
For example, paying for 2TH now and getting it in May or June is like killing yourself
What do you think?
March 04, 2014, 01:55:00 AM
Nice wall on Havelock
My wall, Tired of bots and for me the difference in price is very small, I am holding long and stacking up. More to come ;P
March 04, 2014, 01:45:44 AM
Nice wall on Havelock
March 04, 2014, 01:42:50 AM
Rockxie, who is the exclusive distributer for Asicminer's mining machine in China, announced that he will produce his own miners.
I don't really get the implications of this.
Sorry, apparently my english needs improvement. Please allow me to make it clear.
In China, Rockxie was the exclusive distributer for AM's former miners, such as usb miner, blade, cube and etc.
Rockxie has just announced that he will produce his own mining products which would employ AM's Gen3 chips.
I think AM will be a pure chip supplier and they would not produce their own mining machine in the forseeable future.
Your english is fine. Thanks for clarifying.
March 04, 2014, 01:39:36 AM
Don't want to say anything bad about IPOs, just recalled and wonder if someone have seen "The Wolf of Wall Street" with Leonardo DiCaprio
Hope FC will appear soon to tell us good news...
Hope FC will appear soon to tell us good news...
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