ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 604.

neilol

sr. member

Activity: 302

Merit: 250

Quote from: keeron on November 12, 2013, 03:31:47 PM

No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)

A cube announcement (1BTC each) would probably offset the lack of divs

Divs are paid on Wednesday.

keeron

full member

Activity: 180

Merit: 100

No divs or movement on the mining/div wallets. I am guessing they are skipping the divs this week? (instead of a tiny amount, better to skip and have a bigger div payment next week). Though it would be unusual for Asicminer to skip the div payment (would be first time ever)

A cube announcement (1BTC each) would probably offset the lack of divs

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Im a rather big holder, though not with a forum seat. But i would like to hear where your optimisms comes from. I mean for sure at some point something will move again... but friedcat isnt communicating anymore, we get infos about 5 edges and dates for deployment of more hashingpower or units sold werent met.
I think whining about no information and constantly dropping value and divs is no wonder. In fact it would be a very bad sign for other mining companies.
[/quote]

+1

I agree. I understand that bitcoin mining has become / becoming very competitive and the CEO of a mining company needs to be tight lipped. However, they can say "We are working on the next generation of hardware and hope to have competitive hashing in the next 6 months". This would reassure investors and not provide much information to the competition.

Also, the increase in BTC recently has to only help AM since they pay bills and buy hardware in fiat.

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: canth on November 12, 2013, 08:05:31 AM

Quote from: Lohoris on November 12, 2013, 07:31:44 AM

just buy ~~real-world stocks~~ bitcoin and hold it.

Fixed that for you.

nice +1

canth

legendary

Activity: 1442

Merit: 1001

Quote from: Lohoris on November 12, 2013, 07:31:44 AM

Quote from: Rival on November 08, 2013, 10:26:02 AM

Everyone seems to price shares by the dividends.

How can you blame them?
After all, it's not like you're getting anything should the company close.
So the dividends are the only reason to buy the shares.

You might argue that people are too much focused on current dividend, ignoring future ones, however with the great amount of scams and failures in the bitcoin world, again, how can you blame them? After all, if you're in for the long run, just buy ~~real-world stocks~~ bitcoin and hold it.

Fixed that for you.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: Rival on November 08, 2013, 10:26:02 AM

Everyone seems to price shares by the dividends.

How can you blame them?
After all, it's not like you're getting anything should the company close.
So the dividends are the only reason to buy the shares.

You might argue that people are too much focused on current dividend, ignoring future ones, however with the great amount of scams and failures in the bitcoin world, again, how can you blame them? After all, if you're in for the long run, just buy real-world stocks.

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Whats up with the distributed stock that friedcat mentioned a few weeks ago, any updates?

JimiQ84

sr. member

Activity: 406

Merit: 250

Quote from: Franktank on November 12, 2013, 05:00:05 AM

Is it just me or has hashrate increased? I initially thought it was variance but it's been finding more blocks in the last several days, even with the 1-2 PH/s total network increase.

for last 15 block it's somewhere around 2.2% of whole network. If we assume network has averaged at 4PH/s that means AM is hashing with 90TH/s. Not counting franchises.

101111

hero member

Activity: 525

Merit: 500

It has increased but whether that's luck or not I'm not sure.

BTW, anyone know if AM now has facilities somewhere in Europe?

Franktank

hero member

Activity: 560

Merit: 500

Is it just me or has hashrate increased? I initially thought it was variance but it's been finding more blocks in the last several days, even with the 1-2 PH/s total network increase.

data

member

Activity: 84

Merit: 10

Quote from: hlynur on November 11, 2013, 06:28:14 PM

Quote from: data on November 11, 2013, 06:07:10 PM

Each week of patience is lost profit...

if you invested for shortterm profit and concentrate on weekly timespans i recommend directly trading coins instead of holding AM shares.

Just because I do not want to lose profit I am not invested for the short-term. Stupid example: If apple stopped all sales because they didn't order new stock early enough and were sidetracked by their new curvy iphones, is that not a thing that even long-term investors should not be happy about?

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

I think in next few weeks friedcat will be shipping thousands of those cool cubes.
They are selling hot at taboo.com, below 1btc.

They have nice case, noob friendly power connectors and usb. I hope it is not noisy.

Due to btc price rise power cost is small part of mining income and miner production is more profitable.

Time to pickup some more cheap shares

VeeMiner

hero member

Activity: 752

Merit: 500

bitcoin hodler

Quote from: bitsalame on November 11, 2013, 07:07:47 PM

I am tired of hearing you people cry all the time.
If you think it is a bad investment, just sell it to me, I'll gladly get rid of your grief.
Bulk orders only.

Word of a real man

bitsalame

donator

Activity: 714

Merit: 510

Preaching the gospel of Satoshi

I am tired of hearing you people cry all the time.
If you think it is a bad investment, just sell it to me, I'll gladly get rid of your grief.
Bulk orders only.

data

member

Activity: 84

Merit: 10

Quote from: Voodah on November 11, 2013, 03:13:26 PM

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

It would always be a bad investment if it's value is going down in the currency in which it is nominated... Why even bother with the conversion to fiat?

hlynur

hero member

Activity: 770

Merit: 501

Quote from: data on November 11, 2013, 06:07:10 PM

Each week of patience is lost profit...

if you invested for shortterm profit and concentrate on weekly timespans i recommend directly trading coins instead of holding AM shares.
imo it's better to thoroughly roll out a good concept further in the future instead of doing short moves of exponential growth that have no sustainability in the long run.

rome wasn't build in a day.

data

member

Activity: 84

Merit: 10

Each week of patience is lost profit...

superduh

hero member

Activity: 602

Merit: 500

mid nov - what's happening with the TH that were ordered. seems to be very quite on this front

BitFlow

newbie

Activity: 18

Merit: 0

Quote from: Voodah on November 11, 2013, 03:13:26 PM

Quote from: Rival on November 11, 2013, 02:13:01 PM

To provide historical perspective, I posted this in August of 2013:

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.

At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.

At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.

Today:

At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."

As of today, that calculation comes out to:

At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.

If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.

Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.

This was my analysis a couple days ago. AM has become a terrible investment.

I'll buy any amount of AM shares at BTC0.45 per share.

Voodah

sr. member

Activity: 266

Merit: 250

Quote from: Rival on November 11, 2013, 02:13:01 PM

To provide historical perspective, I posted this in August of 2013:

"With the price of shares of AM so closely tied to the btc/fiat rate, it is becoming difficult to calculate the correct ROI, and to determine if it is in fact positive.

At $90 per bitcoin, AM shares averaged around 4.5 each. 4.5 * 90 = $405.

At $120 per bitcoin, AM shares averaged around 3.3 each. 3.3 * 120 = $396.

At $130 per bitcoin, AM shares average around 2.9 each. 2.9 * 130 = $377.

Today:

At $140 per bitcoin, AM shares average around 2.5 each. 2.5 * 140 = $350."

As of today, that calculation comes out to:

At $370 per bitcoin, AM shares average around 0.65 each. 0.65 * 370 = $240.

If at any point listed you had sold AM shares and just put them into BTC you would have done much better than holding them.

Chart the dollar price per share vs the price of a bitcoin for an intersting surprise.

This was my analysis a couple days ago. AM has become a terrible investment.

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