ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 895.

VJain

sr. member

Activity: 305

Merit: 250

Quote from: reggie55 on July 02, 2013, 11:42:19 AM

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

Quote from: tinus42 on July 02, 2013, 09:44:03 AM

Quote from: empoweoqwj on July 02, 2013, 09:33:10 AM

Quote from: ThickAsThieves on July 02, 2013, 09:31:04 AM

Quote from: g83 on July 02, 2013, 09:28:04 AM

Lets rename Wednesday !!!

to Bitnesday, Cashnesday, Divnesday or my favorite Catnesday... any more suggestions ?

Divday

D-Day - completely unfriedcat related but that's a toughie ....

Not original. I named it D-Day several posts back. Friednesday has a better ring to it. Cheesy

Call it what you will, for me it is "the morning I wake up, realize what day it is and proceed to fist pump for several minutes". None of my fellow Canucks up here have any idea why I am so damn happy on Hump Day.

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

I'm a Canadian AM shareholder as well, but I did'nt get in until the price reached 2.5 to 2.8 BTC per share.

Vancouver IPO Shareholder

DiabloD3

legendary

Activity: 1162

Merit: 1000

DiabloMiner author

Quote from: velacreations on July 02, 2013, 12:41:18 PM

Quote from: canth on July 02, 2013, 12:23:58 PM

Helps on the profitability side, certainly. It makes you wonder why the competition is sucking so much, even if might cost them 2-3x as much per TH/s.

90% of startups fail in the first year, and with bitcoin, it's more like 99.999999%

Not quite. 99% of startups fail in the first year too, we just dont get to hear about 10% of them, they implode early enough. Bitcoin for some reason attracts that missing 9% strongly.

velacreations

sr. member

Activity: 476

Merit: 250

Quote from: canth on July 02, 2013, 12:23:58 PM

Helps on the profitability side, certainly. It makes you wonder why the competition is sucking so much, even if might cost them 2-3x as much per TH/s.

90% of startups fail in the first year, and with bitcoin, it's more like 99.999999%

canth

legendary

Activity: 1442

Merit: 1001

Quote from: Eric Muyser on July 02, 2013, 12:18:25 PM

Quote from: KarmaShark on July 02, 2013, 11:31:33 AM

...
FC has mentioned that production cost is approximately $10k per TH/s.

That's... so cheap.

Helps on the profitability side, certainly. It makes you wonder why the competition is sucking so much, even if might cost them 2-3x as much per TH/s.

Eric Muyser

full member

Activity: 224

Merit: 100

You can't kill math.

Quote from: KarmaShark on July 02, 2013, 11:31:33 AM

Quote from: tomywomy on July 02, 2013, 11:14:45 AM

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

I'm also Canadian - Toronto. 16 Direct shares, 11 PT shares, so not a fortune like some other people, but still pretty happy on Wednesdays.

That is a great start my friend. When AM really takes off we will need to put together a Canadian Shareholder event/meet up (very serious).

I was in Japan last year with a good friend, this is before I know about Bitcoin. Looking back now I am somewhat surprised that I was not exposed to ฿ in some way, shape or form during my time there. I believe the adoption rate for ฿ in Japan is slow despite the world's largest ฿ exchange residing there (Mt.Gox). I am going to pimp the ฿ out of the cryptocurrency next time I visit.

Very nice start tomywomy. You're ahead of the majority to be sure.

Yah man I'm in Japan now and besides some Ruby clusters, this place seems to have lower adoption for bleeding edge web/software tech. Hardware (and required software) tech, they're all over it.

I'll be back in Vancouver in a week, ya boys Cool

Where are you KarmaShark?

Quote from: bitfair on July 02, 2013, 12:11:30 PM

Quote from: ianp on July 02, 2013, 12:09:41 PM

Quote from: jabetizo on July 02, 2013, 11:56:20 AM

is it known how much of the mining/hardware sales proceeds is kept for AM's expenses? i can see that the change address in dividend transactions is 16fuoinLFjBmiCYmCYDXPNfERJtdPB5ASe, is that then used to pay for expenses?

We do not know the cost basis on ASICMINER hardware.

FC has mentioned that production cost is approximately $10k per TH/s.

That's... so cheap.

bitfair

sr. member

Activity: 362

Merit: 250

Quote from: ianp on July 02, 2013, 12:09:41 PM

Quote from: jabetizo on July 02, 2013, 11:56:20 AM

is it known how much of the mining/hardware sales proceeds is kept for AM's expenses? i can see that the change address in dividend transactions is 16fuoinLFjBmiCYmCYDXPNfERJtdPB5ASe, is that then used to pay for expenses?

We do not know the cost basis on ASICMINER hardware.

FC has mentioned that production cost is approximately $10k per TH/s.

ianp

full member

Activity: 294

Merit: 100

Quote from: jabetizo on July 02, 2013, 11:56:20 AM

is it known how much of the mining/hardware sales proceeds is kept for AM's expenses? i can see that the change address in dividend transactions is 16fuoinLFjBmiCYmCYDXPNfERJtdPB5ASe, is that then used to pay for expenses?

We do not know the cost basis on ASICMINER hardware.

jabetizo

full member

Activity: 125

Merit: 101

is it known how much of the mining/hardware sales proceeds is kept for AM's expenses? i can see that the change address in dividend transactions is 16fuoinLFjBmiCYmCYDXPNfERJtdPB5ASe, is that then used to pay for expenses?

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Simonsays on July 02, 2013, 11:16:17 AM

Step away for a week and the price has EXPLODED! Pleasant pleasant surprise. Where do you think the ceiling is? Still time to buy in more?

https://bitcointalksearch.org/topic/asicminer-speculation-thread-235763

reggie55

newbie

Activity: 36

Merit: 0

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

Quote from: tinus42 on July 02, 2013, 09:44:03 AM

Quote from: empoweoqwj on July 02, 2013, 09:33:10 AM

Quote from: ThickAsThieves on July 02, 2013, 09:31:04 AM

Quote from: g83 on July 02, 2013, 09:28:04 AM

Lets rename Wednesday !!!

to Bitnesday, Cashnesday, Divnesday or my favorite Catnesday... any more suggestions ?

Divday

D-Day - completely unfriedcat related but that's a toughie ....

Not original. I named it D-Day several posts back. Friednesday has a better ring to it. Cheesy

Call it what you will, for me it is "the morning I wake up, realize what day it is and proceed to fist pump for several minutes". None of my fellow Canucks up here have any idea why I am so damn happy on Hump Day.

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

I'm a Canadian AM shareholder as well, but I did'nt get in until the price reached 2.5 to 2.8 BTC per share.

KarmaShark

hero member

Activity: 617

Merit: 559

Quote from: tomywomy on July 02, 2013, 11:14:45 AM

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

I'm also Canadian - Toronto. 16 Direct shares, 11 PT shares, so not a fortune like some other people, but still pretty happy on Wednesdays.

That is a great start my friend. When AM really takes off we will need to put together a Canadian Shareholder event/meet up (very serious).

I was in Japan last year with a good friend, this is before I know about Bitcoin. Looking back now I am somewhat surprised that I was not exposed to ฿ in some way, shape or form during my time there. I believe the adoption rate for ฿ in Japan is slow despite the world's largest ฿ exchange residing there (Mt.Gox). I am going to pimp the ฿ out of the cryptocurrency next time I visit.

ajolly

newbie

Activity: 58

Merit: 0

Heh, I saw those mispriced options, and just assumed whoever wrote them got confused...

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: aahzmundus on July 02, 2013, 11:03:33 AM

To whoever just bought that put on 1 TAT share on BTC-TC. You are welcome.

Options are fun, ignorance is bliss, and learning is expensive!

Quote

Hello,

This is a Exercised Option purchase confirmation.

Account: Aahzmundus
Security: TAT.ASICMINER
Shares: 1 @ 3.50000000 BTC
Total Paid: 3.50875 BTC

Thank you for using BTC-TC

As if the BTCs aren't easy enough with AM shares Grin

Simonsays

newbie

Activity: 40

Merit: 0

Step away for a week and the price has EXPLODED! Pleasant pleasant surprise. Where do you think the ceiling is? Still time to buy in more?

tomywomy

jr. member

Activity: 57

Merit: 27

Quote from: KarmaShark on July 02, 2013, 09:48:40 AM

Out of curiosity, are Eric M. and myself the only Canadian AM shareholders here? I know we have more lurking in the shadows!

I'm also Canadian - Toronto. 16 Direct shares, 11 PT shares, so not a fortune like some other people, but still pretty happy on Wednesdays.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: ThickAsThieves on July 02, 2013, 11:06:37 AM

Quote from: aahzmundus on July 02, 2013, 11:03:33 AM

To whoever just bought that put on 1 TAT share on BTC-TC. You are welcome.

Options are fun, ignorance is bliss, and learning is expensive!

Quote

Hello,

This is a Exercised Option purchase confirmation.

Account: Aahzmundus
Security: TAT.ASICMINER
Shares: 1 @ 3.50000000 BTC
Total Paid: 3.50875 BTC

Thank you for using BTC-TC

Cue a dozen assholes trying to fish for the same trick.

Meh. If the most you lose is 1-2BTC learning about how options work, that's a small price IMO.

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: aahzmundus on July 02, 2013, 11:03:33 AM

To whoever just bought that put on 1 TAT share on BTC-TC. You are welcome.

Options are fun, ignorance is bliss, and learning is expensive!

Quote

Hello,

This is a Exercised Option purchase confirmation.

Account: Aahzmundus
Security: TAT.ASICMINER
Shares: 1 @ 3.50000000 BTC
Total Paid: 3.50875 BTC

Thank you for using BTC-TC

Cue a dozen assholes trying to fish for the same trick.

aahzmundus

hero member

Activity: 644

Merit: 500

Invest & Earn: https://cloudthink.io

To whoever just bought that put on 1 TAT share on BTC-TC. You are welcome.

Options are fun, ignorance is bliss, and learning is expensive!

Quote

Hello,

This is a Exercised Option purchase confirmation.

Account: Aahzmundus
Security: TAT.ASICMINER
Shares: 1 @ 3.50000000 BTC
Total Paid: 3.50875 BTC

Thank you for using BTC-TC

empoweoqwj

hero member

Activity: 518

Merit: 500