ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 621.

ThunderSheep

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The sheep who walks through walls.

Quote from: velacreations on October 30, 2013, 10:46:05 PM

have some people not received their dividends today (direct shares)?
is it one of those "need 100 confirmations" things?

The dividend for my converted BTCT shares was late as well. It was paid about an hour ago.

KS

sr. member

Activity: 448

Merit: 250

Quote from: jimmothy on October 31, 2013, 01:24:19 AM

Quote from: KS on October 31, 2013, 01:12:25 AM

...
30% would get you 0.6125

33.4% would give you 0.5501

the estimated price which you said was 0.61 forgets to take in to consideration that asicminer has 4 million usd worth of funds. Some of which can be put in to next gen hardware that will most likely be more efficient than anything else considering all the costs.

That's just based on last divs and 30% APR, it's not an "exact" valuation (which is more voodoo than exact anyway).

If you mean that the price is undervalued, I totally agree.

jimmothy

hero member

Activity: 770

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Quote from: KS on October 31, 2013, 01:12:25 AM

Quote from: silvermario on October 30, 2013, 04:52:54 PM

Quote from: KS on October 30, 2013, 12:59:36 PM

0.0035336?

edit: I might be looking at the wrong place...

If you take this dividend and multiply it by 52 ( weeks in year) and 3 ( years, AM share value was most of the time calculated at ~30% yearly ROI ) you get ~0.55 BTC what is close to the trading price at the moment.

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

30% would get you 0.6125

33.4% would give you 0.5501

The current going price is closer to 0.60. When the price lowered to 0.56 on the bid side, ppl were starting to buy on the ask side at around 0.60.

I don't know whether we're only collecting half the divs, but the price is depressed because of a short term dip in revenues. AM doesn't need to worry too much about the future. If my math his not totally off, a 40nm gen2 will be 10 times as fast as their current 130nm design ((130/40)²=10.5). That means that they can deploy 1PH in the same datacenters they currently use for 100TH. It could be even faster since their first design wasn't optimum.

I'm no chip designer, so correct me if it's rainbows and unicorns!

the estimated price which you said was 0.61 forgets to take in to consideration that asicminer has 4 million usd worth of funds. Some of which can be put in to next gen hardware that will most likely be more efficient than anything else considering all the costs.

KS

sr. member

Activity: 448

Merit: 250

Quote from: silvermario on October 30, 2013, 04:52:54 PM

Quote from: KS on October 30, 2013, 12:59:36 PM

0.0035336?

edit: I might be looking at the wrong place...

If you take this dividend and multiply it by 52 ( weeks in year) and 3 ( years, AM share value was most of the time calculated at ~30% yearly ROI ) you get ~0.55 BTC what is close to the trading price at the moment.

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

30% would get you 0.6125

33.4% would give you 0.5501

The current going price is closer to 0.60. When the price lowered to 0.56 on the bid side, ppl were starting to buy on the ask side at around 0.60.

I don't know whether we're only collecting half the divs, but the price is depressed because of a short term dip in revenues. AM doesn't need to worry too much about the future. If my math his not totally off, a 40nm gen2 will be 10 times as fast as their current 130nm design ((130/40)²=10.5). That means that they can deploy 1PH in the same datacenters they currently use for 100TH. It could be even faster since their first design wasn't optimum.

I'm no chip designer, so correct me if it's rainbows and unicorns!

bitcoin.newsfeed

sr. member

Activity: 378

Merit: 250

Quote from: jeffshed on October 30, 2013, 06:27:50 PM

Quote from: silvermario on October 30, 2013, 06:18:27 PM

Quote from: binaryFate on October 30, 2013, 05:39:39 PM

Quote from: silvermario on October 30, 2013, 04:52:54 PM

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

I'm curious to know where you found this 50% figure? I thought nobody could tell exactly the ratio retained. Best guesses are based on following resellers paiements, are your referring to anything in particular or you just made that number up?

Sorry, I forgot to write it, it's a hypothetical figure. It could be 50% or 25% or 70%, my point is the share price which is based on dividends is undervalued right now.

Don't write shit like that. We don't even know if they're taking coins anymore.

It's hugely important and misleading. Belongs in the speculation thread.

Exactly. Its speculation. Do some math. AM is mining in average ~3blocks per day, its 21 blocks per week, its only 525 btc from mining/week. Plus you have ~181 coins from franchises every 10days. And some 700 btc from sales of outdated gen1 hardware. And its not pure income, you need to withdraw expenses.

So at the end you have ~ 525+181+700 = 1406 , divide 400 000 shares ... and you get 0.003515

Because that I don't think that something was retained this time.

finlof

hero member

Activity: 630

Merit: 500

Quote from: velacreations on October 30, 2013, 10:46:05 PM

have some people not received their dividends today (direct shares)?
is it one of those "need 100 confirmations" things?

i have some direct shares that i've owned for several months and received my dividends. but there is still 50btc left in the dividend payout acct http://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF so those should be paid out, and i would assume your dividend is in that 50btc.

velacreations

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Activity: 476

Merit: 250

have some people not received their dividends today (direct shares)?
is it one of those "need 100 confirmations" things?

Chalkbot

legendary

Activity: 896

Merit: 1001

Quote from: Ditto on October 30, 2013, 06:57:07 PM

Quote from: Chalkbot on October 30, 2013, 06:32:38 PM

I thought friedcat confirmed that retained dividends would continue? Did I imagine that?

Why would you imagine that?

Just to clarify,

Are you agreeing with me, or asking me to explain how my imagination works?

dexX7

legendary

Activity: 1106

Merit: 1026

Just a friendly reminder:

Quote from: friedcat on September 24, 2013, 01:36:29 AM

Custom Cooling Systems
We have been finalizing on our HK datacenter with our professional partner on immersion cooling. This product will be of interest both miners, and other industries that require cooling of similar hardware. Our cooling system partner built it as an exhibition house where everything is clean and shiny for investors/buyers to visit and for ASICMINER to make videos as a demonstration.

Quote from: friedcat on October 02, 2013, 07:48:09 AM

5. Cooling Update
We hope to share a good video or exhibition materials by the end of the month.

Too bad that it's phrased with "we hope". Embarrassed

jeffshed

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Activity: 60

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Quote from: silvermario on October 30, 2013, 06:52:13 PM

Quote from: jeffshed on October 30, 2013, 06:27:50 PM

Quote from: silvermario on October 30, 2013, 06:18:27 PM

Quote from: binaryFate on October 30, 2013, 05:39:39 PM

Quote from: silvermario on October 30, 2013, 04:52:54 PM

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

I'm curious to know where you found this 50% figure? I thought nobody could tell exactly the ratio retained. Best guesses are based on following resellers paiements, are your referring to anything in particular or you just made that number up?

Sorry, I forgot to write it, it's a hypothetical figure. It could be 50% or 25% or 70%, my point is the share price which is based on dividends is undervalued right now.

Don't write shit like that. We don't even know if they're taking coins anymore.

It's hugely important and misleading. Belongs in the speculation thread.

Quote from: friedcat on October 09, 2013, 11:37:35 AM

Quick Update

We are still on track of accumulating reinvestment funds, continuing from last month, so please expect less-than-raw-income dividends in the next few weeks. The financials will be given out in October 20s, as mentioned in the last update.

[...]

What part of the above statement didn't you understand?

I understood it perfectly.

they said that on the 9th. it's now more than a few weeks later. We can't take any knowledge for granted due to the poor communications Undecided

Ditto

sr. member

Activity: 330

Merit: 250

Quote from: Chalkbot on October 30, 2013, 06:32:38 PM

I thought friedcat confirmed that retained dividends would continue? Did I imagine that?

Why would you imagine that?

silvermario

member

Activity: 96

Merit: 10

Quote from: jeffshed on October 30, 2013, 06:27:50 PM

Quote from: silvermario on October 30, 2013, 06:18:27 PM

Quote from: binaryFate on October 30, 2013, 05:39:39 PM

Quote from: silvermario on October 30, 2013, 04:52:54 PM

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

I'm curious to know where you found this 50% figure? I thought nobody could tell exactly the ratio retained. Best guesses are based on following resellers paiements, are your referring to anything in particular or you just made that number up?

Sorry, I forgot to write it, it's a hypothetical figure. It could be 50% or 25% or 70%, my point is the share price which is based on dividends is undervalued right now.

Don't write shit like that. We don't even know if they're taking coins anymore.

It's hugely important and misleading. Belongs in the speculation thread.

Quote from: friedcat on October 09, 2013, 11:37:35 AM

Quick Update

We are still on track of accumulating reinvestment funds, continuing from last month, so please expect less-than-raw-income dividends in the next few weeks. The financials will be given out in October 20s, as mentioned in the last update.

[...]

What part of the above statement didn't you understand?

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: jeffshed on October 30, 2013, 06:27:50 PM

Belongs in the speculation thread.

There is very little info to chew, 99% of this thread lately belong to speculation thread...

Chalkbot

legendary

Activity: 896

Merit: 1001

Quote from: jeffshed on October 30, 2013, 06:27:50 PM

Quote from: silvermario on October 30, 2013, 06:18:27 PM

Quote from: binaryFate on October 30, 2013, 05:39:39 PM

Quote from: silvermario on October 30, 2013, 04:52:54 PM

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

I'm curious to know where you found this 50% figure? I thought nobody could tell exactly the ratio retained. Best guesses are based on following resellers paiements, are your referring to anything in particular or you just made that number up?

Sorry, I forgot to write it, it's a hypothetical figure. It could be 50% or 25% or 70%, my point is the share price which is based on dividends is undervalued right now.

Don't write shit like that. We don't even know if they're taking coins anymore.

It's hugely important and misleading. Belongs in the speculation thread.

I thought friedcat confirmed that retained dividends would continue? Did I imagine that?

jeffshed

member

Activity: 60

Merit: 10

Quote from: silvermario on October 30, 2013, 06:18:27 PM

Quote from: binaryFate on October 30, 2013, 05:39:39 PM

Quote from: silvermario on October 30, 2013, 04:52:54 PM

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

I'm curious to know where you found this 50% figure? I thought nobody could tell exactly the ratio retained. Best guesses are based on following resellers paiements, are your referring to anything in particular or you just made that number up?

Sorry, I forgot to write it, it's a hypothetical figure. It could be 50% or 25% or 70%, my point is the share price which is based on dividends is undervalued right now.

Don't write shit like that. We don't even know if they're taking coins anymore.

It's hugely important and misleading. Belongs in the speculation thread.

silvermario

member

Activity: 96

Merit: 10

Quote from: binaryFate on October 30, 2013, 05:39:39 PM

Quote from: silvermario on October 30, 2013, 04:52:54 PM

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

I'm curious to know where you found this 50% figure? I thought nobody could tell exactly the ratio retained. Best guesses are based on following resellers paiements, are your referring to anything in particular or you just made that number up?

Sorry, I forgot to write it, it's a hypothetical figure. It could be 50% or 25% or 70%, my point is the share price which is based on dividends is undervalued right now.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: silvermario on October 30, 2013, 04:52:54 PM

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

I'm curious to know where you found this 50% figure? I thought nobody could tell exactly the ratio retained. Best guesses are based on following resellers paiements, are your referring to anything in particular or you just made that number up?

murfshake

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Activity: 84

Merit: 10

https://blockchain.info/block-height/266903

AsicMiners slogan should be "King of Orphaned Blocks" after the last 2 weeks they had.

Kouye

sr. member

Activity: 336

Merit: 250

Cuddling, censored, unicorn-shaped troll.

Quote from: silvermario on October 30, 2013, 04:52:54 PM

If you take this dividend and multiply it by 52 ( weeks in year) and 3 ( years, AM share value was most of the time calculated at ~30% yearly ROI ) you get ~0.55 BTC what is close to the trading price at the moment.

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

They sure are devalued, now. I bought the last ones for 4.6BTC a share.
And not even asking for donations!

silvermario

member

Activity: 96

Merit: 10

Quote from: KS on October 30, 2013, 12:59:36 PM

0.0035336?

edit: I might be looking at the wrong place...

If you take this dividend and multiply it by 52 ( weeks in year) and 3 ( years, AM share value was most of the time calculated at ~30% yearly ROI ) you get ~0.55 BTC what is close to the trading price at the moment.

But if you take into cosideration that you are getting now only 50% of possible dividends ( collecting investment funds by friedcat ) the real share price should be ~1.1 BTC so those shares at exchanges are heavily devalued right now.

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