it's very simple - they don't sell used hardware. So, if they have Gen1 hardware being assembled and/or on hand, it makes financial sense to sell it from now until Gen2 comes out.
If they deploy hardware instead of selling it, then in 2 months (or less), they have tons of hardware they can't sell and has not made the same amount of profit as if they sold it now.
So, until they start filling the farm with Gen2, they are going to sell any Gen1 hardware they can to maximize profit.
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 691. (Read 3917468 times)
September 22, 2013, 01:51:25 PM
September 22, 2013, 01:32:17 PM
I'm new to the thread. I was invested in AM in the past and made a nice profit but sold when I saw their network % dropping. I've kept my eye on them. What is the reason they hold such a small % of the network? Shouldn't they be keeping at least 20%. I thought they had the capabilities to do this and if they do, why don't they do it?
AM was very quick to the ASIC-armsrace, but by now there is quite a bit of competition from other companies. Additionally, AM seems to be busy with getting their 2nd generation out (though there haven't been many updates on this recently). Finally, mining has become less profitable thanks to the difficulty explosion. If mining is not as profitable anymore, it might be better to just sell the hardware rather than mine with it yourself.
September 22, 2013, 01:27:57 PM
I'm new to the thread. I was invested in AM in the past and made a nice profit but sold when I saw their network % dropping. I've kept my eye on them. What is the reason they hold such a small % of the network? Shouldn't they be keeping at least 20%. I thought they had the capabilities to do this and if they do, why don't they do it?
September 22, 2013, 08:33:47 AM
Maybe he's just giving the Blade buyers a break?
September 22, 2013, 08:28:28 AM
How long till someone claims friedcat tanked the value of AM so he could buyback some of his shares, then release alllll the hasing power and come back to being on top with massive profits....
This what I am thought too... I think the AM's is undervalue right now! 
September 21, 2013, 11:19:41 PM
Fuck off with Labcoin news....we all can read the same "news" in their forum if we wanted to.
"Competitor news" is an excuse to OT shill their shares over here.
"Competitor news" is an excuse to OT shill their shares over here.
If competition has some actual proof they are doing something AM investors may want to know
But I digress
(he-he see you went off to the labcoin thread right after whistle someone read and applied it lol)
Yeah I went off to the Labcoin thread...you know, the place where Labcoin news BELONGS.
It isn't some secret thread only you have access to...we don't need people to relay off topic into this thread and clutter it up more.
Thanks for posting freedomno1. I think such milestones at competitors are definitely worth posting here. It definitely has a great effect on AM's share price and valuation. Personally to me, this still does not prove that they are legit. They could have just used some of the IPO funds to buy some blades. If they really had chips, I don't see why they would have such difficulty snapping a few pictures. But I will leave that discussion for Labcoin. Thanks for posting!
September 21, 2013, 10:24:14 PM
Fuck off with Labcoin news....we all can read the same "news" in their forum if we wanted to.
"Competitor news" is an excuse to OT shill their shares over here.
"Competitor news" is an excuse to OT shill their shares over here.
If competition has some actual proof they are doing something AM investors may want to know
But I digress
(he-he see you went off to the labcoin thread right after whistle someone read and applied it lol)
Yeah I went off to the Labcoin thread...you know, the place where Labcoin news BELONGS.
It isn't some secret thread only you have access to...we don't need people to relay off topic into this thread and clutter it up more.
September 21, 2013, 09:12:14 PM
Fuck off with Labcoin news....we all can read the same "news" in their forum if we wanted to.
"Competitor news" is an excuse to OT shill their shares over here.
"Competitor news" is an excuse to OT shill their shares over here.
If competition has some actual proof they are doing something AM investors may want to know
But I digress
(he-he see you went off to the labcoin thread right after whistle someone read and applied it lol)
September 21, 2013, 09:09:31 PM
Fuck off with Labcoin news....we all can read the same "news" in their forum if we wanted to.
"Competitor news" is an excuse to OT shill their shares over here.
"Competitor news" is an excuse to OT shill their shares over here.
September 21, 2013, 08:20:44 PM
Competitor news
I think its legit news this time after eternal fud
Labcoin is hashing (or at least something named labcoin lol)
https://bitcointalksearch.org/topic/m.3207029
http://www.btcguild.com/index.php?page=rankings§ion=teams
I think its legit news this time after eternal fud
Labcoin is hashing (or at least something named labcoin lol)
https://bitcointalksearch.org/topic/m.3207029
http://www.btcguild.com/index.php?page=rankings§ion=teams
September 21, 2013, 07:23:34 PM
Hopefully you will start to add your rationales to your estimations.
1) AM is still hashing ~ 50 TH/s. 2) Gen-2 will start hashing in December. 3) The network diff raises ~ 30% every 12 days. 4) Hardware sells are going down, because buyers now may understand the business plan of AM.
RESULT: Hashing income ~ 0.0035 per share. Hardware income ~ 0.004 per share. Share price ~ 1.6.
September 21, 2013, 07:07:11 PM
http://world.time.com/2013/09/21/super-typhoon-usagi-set-to-hit-southern-china/
"...On its current path, the typhoon is set to directly hit the coastal metropolis of Hong Kong, which, blessed with one of the world’s most sophisticated storm preparation systems, is already readying for the worst. Leading regional carrier Cathay Pacific has suspended flights, while the city’s busy port traffic has slowed to a halt..."
As a shareholder, I hope the hatches have been battened and company assets are safe. But as a human, my best wishes to FC and crew. Be safe!
"...On its current path, the typhoon is set to directly hit the coastal metropolis of Hong Kong, which, blessed with one of the world’s most sophisticated storm preparation systems, is already readying for the worst. Leading regional carrier Cathay Pacific has suspended flights, while the city’s busy port traffic has slowed to a halt..."
As a shareholder, I hope the hatches have been battened and company assets are safe. But as a human, my best wishes to FC and crew. Be safe!
September 21, 2013, 07:06:50 PM
The fact that ASICMINER share price usually and "relatively" stabilize between 25-28% div to share price per year, (latest div against share price).
Seems so. And that's really amazing: Investors got a div of 0,01 per share this week and the share price drops about 0,25 per share. Who is so silly to talk about annual yields of about 25-28% in this situation? This security isn't measured in years, it's measured in weeks. And there are 15 upcoming weeks until end of December. So you can still stay staring on even lower divs every of this 15 weeks. Good luck.
ok then is 0.5% weekly sounds better for you? Per year is a measure we do on stock markets and it is more than 30% yearly yield due to the latest divs
Yeah I guess we are pretty silly....... Don't know why we pay more attention to Vyced posts more that the intelligent post that is above.
I totally agree with you. But this "staring at annual yields" this week took me to drop my 100 AM shares right before div payment - thinking: Is it a good decision to be happy of getting 1 btc as this weeks div and losing 25 btcs after the share price dropped? I decided to drop my shares before receiving the div.
Next weeks div will be around 0.0075. The shares will drop to around 1.6. That's my estimation. Hopefully I'll be false.
Hopefully you will start to add your rationales to your estimations.
September 21, 2013, 07:04:08 PM
The fact that ASICMINER share price usually and "relatively" stabilize between 25-28% div to share price per year, (latest div against share price).
Seems so. And that's really amazing: Investors got a div of 0,01 per share this week and the share price drops about 0,25 per share. Who is so silly to talk about annual yields of about 25-28% in this situation? This security isn't measured in years, it's measured in weeks. And there are 15 upcoming weeks until end of December. So you can still stay staring on even lower divs every of this 15 weeks. Good luck.
ok then is 0.5% weekly sounds better for you? Per year is a measure we do on stock markets and it is more than 30% yearly yield due to the latest divs
Yeah I guess we are pretty silly....... Don't know why we pay more attention to Vyced posts more that the intelligent post that is above.
I totally agree with you. But this "staring at annual yields" this week took me to drop my 100 AM shares right before div payment - thinking: Is it a good decision to be happy of getting 1 btc as this weeks div and losing 25 btcs after the share price dropped? I decided to drop my shares before receiving the div.
Next weeks div will be around 0.0075. The shares will drop to around 1.6. That's my estimation. Hopefully I'll be false.
September 21, 2013, 06:45:57 PM
Hello,
How much would 250 shares of ASICMINER be worth right now on face value? How much in dividends would it produce?
Doing a trade and doing my due diligence. Thanks.
How much would 250 shares of ASICMINER be worth right now on face value? How much in dividends would it produce?
Doing a trade and doing my due diligence. Thanks.
guys I am the one trading with him show some love please
.You can try this thread ASICMINER Speculation Thread. When you say "price" and "value" there they will devour you alive with numbers and rationales and speculations.
September 21, 2013, 06:41:34 PM
imo there has been a significant shareprice correction but 1.5 and lower seems absolutely undervalued.. hope i am right and we'll see >2.00 again soon
Yes you are right but be realistic and expect a correction to a stable 1.85BTC, That is until Friedcat gives and update or we would see a significant hashrate increase.
Your valuation is based on exactly what?
The fact that ASICMINER share price usually and "relatively" stabilize between 25-28% div to share price per year, (latest div against share price).
Seems so. And that's really amazing: Investors got a div of 0,01 per share this week and the share price drops about 0,25 per share. Who is so silly to talk about annual yields of about 25-28% in this situation? This security isn't measured in years, it's measured in weeks. And there are 15 upcoming weeks until end of December. So you can still stay staring on even lower divs every of this 15 weeks. Good luck.
ok then is 0.5% weekly sounds better for you? Per year is a measure we do on stock markets and it is more than 30% yearly yield due to the latest divs
Yeah I guess we are pretty silly....... Don't know why we pay more attention to Vyced posts more that the intelligent post that is above.
September 21, 2013, 06:35:54 PM
How long till someone claims friedcat tanked the value of AM so he could buyback some of his shares, then release alllll the hasing power and come back to being on top with massive profits....
Two pages ago, actually.
What if friedcat does that on purpose? It allows him to buy back the shares very cheap.
OMG you predicted the past man!!!
September 21, 2013, 06:16:39 PM
Hello,
How much would 250 shares of ASICMINER be worth right now on face value? How much in dividends would it produce?
Doing a trade and doing my due diligence. Thanks.
How much would 250 shares of ASICMINER be worth right now on face value? How much in dividends would it produce?
Doing a trade and doing my due diligence. Thanks.
September 21, 2013, 06:06:50 PM
imo there has been a significant shareprice correction but 1.5 and lower seems absolutely undervalued.. hope i am right and we'll see >2.00 again soon
Yes you are right but be realistic and expect a correction to a stable 1.85BTC, That is until Friedcat gives and update or we would see a significant hashrate increase.
Your valuation is based on exactly what?
The fact that ASICMINER share price usually and "relatively" stabilize between 25-28% div to share price per year, (latest div against share price).
Seems so. And that's really amazing: Investors got a div of 0,01 per share this week and the share price drops about 0,25 per share. Who is so silly to talk about annual yields of about 25-28% in this situation? This security isn't measured in years, it's measured in weeks. And there are 15 upcoming weeks until end of December. So you can still stay staring on even lower divs every of this 15 weeks. Good luck.
September 21, 2013, 05:18:49 PM
How long till someone claims friedcat tanked the value of AM so he could buyback some of his shares, then release alllll the hasing power and come back to being on top with massive profits....
Two pages ago, actually.
What if friedcat does that on purpose? It allows him to buy back the shares very cheap.
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