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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 89. (Read 3917058 times)

legendary
Activity: 1456
Merit: 1010
Ad maiora!
if you must mis-quote me do it with style, please!
Fried Cat is obviously well-baked and maybe done, here...
No need to rattle its cage then,
don't rub its fur the wrong way, son!
sr. member
Activity: 448
Merit: 250
Financials are overdue, we've been in the dark for too long. Jutarul, any chance you might bring this up in the next board meeting? Some hints of what is going on would help all shareholders out...

yes! Please. Anything.

We are entering critical phase. If next gen isn't dealt with properly, this could be the end, or not? How are we to know?

Results speak loudly.  A month from now, we should be seeing some.

Don't you mean Two More WeeksTM?
legendary
Activity: 1456
Merit: 1010
Ad maiora!
Financials are overdue, we've been in the dark for too long. Jutarul, any chance you might bring this up in the next board meeting? Some hints of what is going on would help all shareholders out...

yes! Please. Anything.

We are entering critical phase. If next gen isn't dealt with properly, this could be the end, or not? How are we to know?
hero member
Activity: 658
Merit: 500
I'd love it if there was a maintained public list of shareholders.

Easier to maintain if there was more than one dividend per year. 

Lolllll that made my morning!
Getting some divs would make my week but Sad
donator
Activity: 290
Merit: 250
Financials are overdue, we've been in the dark for too long. Jutarul, any chance you might bring this up in the next board meeting? Some hints of what is going on would help all shareholders out...
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
I'd love it if there was a maintained public list of shareholders.

Easier to maintain if there was more than one dividend per year. 

Burn.

Tis just another peaceful day in the AM thread
Ha-ha
legendary
Activity: 2016
Merit: 1259
I'd love it if there was a maintained public list of shareholders.

Easier to maintain if there was more than one dividend per year. 

Burn.

 Cheesy   Wasn't meant that way, but... yeah. 
hero member
Activity: 644
Merit: 500
Inspired
I'd love it if there was a maintained public list of shareholders.

Easier to maintain if there was more than one dividend per year. 

Burn.
legendary
Activity: 2016
Merit: 1259
I'd love it if there was a maintained public list of shareholders.

Easier to maintain if there was more than one dividend per year. 
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I'd love it if there was a maintained public list of shareholders.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
People, AMHASH will pause their payouts for 2 weeks, due to the spring festival holidays. Do you think AM will also stop working on the BE300 chips, maybe getting the testing boards ready or selling off the PRISMA2 miners? I think this needs some clarification from FC. I really would love a heads-up on the progress and whether everything is still on track!
legendary
Activity: 1973
Merit: 1007

Pretty nice setup. My favorite part is when they get him to scream explain bitcoin mining right next to a bunch of whirring fans.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
It's an old video. Made over a year ago...

It was published to motherboard's youtube channel today. Says they filmed it in october 2014.

It ain't AM or AMhash AFAIK
legendary
Activity: 1029
Merit: 1000
It's an old video. Made over a year ago...
hero member
Activity: 686
Merit: 500
FUN > ROI
Neat.  The hardware shown on the shelves looks very similar to certain SilverFish Blades - i.e. same setup, same geometry, component placement and silkscreen, etc.  Proven design in their mine, I guess.
Edit: added link for reference and clarification
sr. member
Activity: 350
Merit: 250
Honest 80s business!

this all boils down to who gets their gear plugged in first, we wont know this until its happened. You can keep an eye on the hash rate charts though

Yeah, I believe FC will address the testing or deployment of the BE300 chip before he deploys major hash rate, so I don't see AM influencing the total hash rate at this time, unfortunately. But if they do plan to launch a big time BE300 farm, we may see the hash rate rising beautifully!
sr. member
Activity: 350
Merit: 250
Honest 80s business!
Well I agree that it is very difficult to make any exact assumption about the future share price of profitability of AM. There are just too many unknown and unforeseeable factors (the BTC price being probably the biggest here). That being said, I think it's possible for AM to pay out at 0.1 BTC/share combined in the future, so a share price below 0.1 BTC seems really deflated, IMO.
legendary
Activity: 896
Merit: 1001
If the chips perform as expected and they replace the AMHash operation with gen 4 then they will have 20phs of cloud mining to sell or self mine with. That's without expanding capacity which they should be able to do. 20 phs might be about 6% of the network which over its useful life should probably mine close to 0.09 btc per share before electricity costs. Am will likely sell chips and also expand self mining r selling hashes through cloud mining. I'm thinking we will have dividends in excess of .25 btc per share this year after chips are deployed but I'm sure I'm missing something crucial. Hasn't stopped me from pick up more at a good price. Smiley

I would love for someone to tell me I'm wrong so I can just give up on AM and hold BTC for the long haul.

Disclaimer: I own AM shares.


The current block number is ~341,660 and the next halving takes place at block 480,000 (sometime in late summer / early fall 2016).  So there are ~138,000 blocks to go or about 3,500,000 bitcoins left.

In order to have 0.25 btc / share, AM with 400,000 share would need to mine 100,000 after hardware costs, electricity, maintenance, salary, rent, etc.  These costs are highly variable.  Lets say they are making 25% 'profit' (only AM knows this number, this may be way too high, but let's go with it for this calculation).  This means that AM needs to mine 400,000 bitcoins out of the next 3,500,000.  Put it another way, AM needs to have ~11% of network hashrate until the next halving (18 months or so).

This is just a quick calculation based on some highly variable numbers.  Is this possible?  I have no idea.  I just did a quick calculation based on your post.  



Would that calculation not be for AM to pay out .25 btc a share?
That is entirely different to being worth IMO, you have future worth to factor in.
If stocks can pay out even 25% interest they will probably shoot up in price, and be considered a great investment.


That just was a very quick calculation to determine what AM would have to achieve to pay dividends of 0.25  / share.  Again, there are many variables.

Actual worth on the market is an entirely different calculation / voodoo that I cannot even guess that.  If anyone tells you otherwise, then they are just guess themselves.
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