price seems to be slipping back towards 2.9 for now.
Only on btc-tc.
Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 978. (Read 3917568 times)
price seems to be slipping back towards 2.9 for now.
Only on btc-tc.
price seems to be slipping back towards 2.9 for now. I think that's a good thing, and in fact, it would be even better to go back to 2.8 and then come back up slowly, like taking 2 weeks to get to 3.
As for dividends next week, there are no blade sales, USB miner sales are slowing down. Mining revenue will be around .016, barring any major shakeup. My prediction for the dividend is max .025, and I expect that will be the best dividend until July, when they start selling blades again.
This will probably cause some people to sell. Share prices might get as low as 2.75, but that's ok. We don't want a bubble and crash, here.
While I agree that AM has a bright future, I do not agree with the long term valuations being thrown around right now. This smells like a bubble, and I hope we get back to consistent, sustainable growth.
As for dividends next week, there are no blade sales, USB miner sales are slowing down. Mining revenue will be around .016, barring any major shakeup. My prediction for the dividend is max .025, and I expect that will be the best dividend until July, when they start selling blades again.
This will probably cause some people to sell. Share prices might get as low as 2.75, but that's ok. We don't want a bubble and crash, here.
While I agree that AM has a bright future, I do not agree with the long term valuations being thrown around right now. This smells like a bubble, and I hope we get back to consistent, sustainable growth.
Havelock breached BTC3 while I was asleeep, then went back down. But the line has technically been crossed. 
I was pleased to learn that I had sold some units while I slept. They hit a high of BTC0.03245
That's what I call passive income
Havelock breached BTC3 while I was asleeep, then went back down. But the line has technically been crossed.
I was pleased to learn that I had sold some units while I slept. They hit a high of BTC0.03245
it never ceases to amaze me how genius some people are. I myself am pretty smart, but these guys that are on the cutting edge are kind of like my heroes. how bout a round of applause for everyone who made ASIC Mining possible.
Any reason for the noticeable hash rate drop off ?
Friedcat tripping over cat5 in the datacenter perhaps ?
Friedcat tripping over cat5 in the datacenter perhaps ?
It happens every time they take them off the pools, so that's a piece of it (doesn't make up for all of the dropoff unless they decided to move things around).
Any reason for the noticeable hash rate drop off ?
Whatever it was, all blocks (4) in the last hour are found by ASICMINER
https://blockchain.info/
Nothing to worry about
An estimate of the value of an ASICMiner share (with conservative-ish assumptions)
Assumptions:
* Bitcoin will still be around by the time our kids become adults.
* AM will maintain a minimum of 20% of total hashrate for another five years. (about 80% of total coins will be mined by that time [1])
* Tx fee is down to zero:(
* Operaional fee is zero:)
Calculations:
* Total number of coins will be mined by AM by Jun 2018:
(52500 * 3.5 * 25 + 52500 * 1.5 * 12.5) * 0.2 = 1115625.0
* Let X be the percentage on sales income over mining income,
Price per share (PPS) will be 1115625.0 * (1 + X) / 400000,
X = 0.1, PPS = 3.068 BTC;
X = 0.2, PPS = 3.347 BTC;
X = 0.3, PPS = 3.626 BTC;
X = 0.4, PPS = 3.905 BTC;
X = 0.5, PPS = 4.184 BTC;
X = 0.6, PPS = 4.463 BTC;
X = 0.7, PPS = 4.741 BTC;
X = 0.8, PPS = 5.020 BTC;
X = 0.9, PPS = 5.299 BTC;
X = 1.0, PPS = 5.578 BTC; (We are around here as of recently)
X = 1.1, PPS = 5.857 BTC;
X = 1.2, PPS = 6.136 BTC;
X = 1.3, PPS = 6.415 BTC;
X = 1.4, PPS = 6.694 BTC;
X = 1.5, PPS = 6.973 BTC;
...
References:
[1] https://en.bitcoin.it/wiki/Controlled_supply
(Be diligent and do your own calculations. I am a shareholder and I am biased.)
Assumptions:
* Bitcoin will still be around by the time our kids become adults.
* AM will maintain a minimum of 20% of total hashrate for another five years. (about 80% of total coins will be mined by that time [1])
* Tx fee is down to zero:(
* Operaional fee is zero:)
Calculations:
* Total number of coins will be mined by AM by Jun 2018:
(52500 * 3.5 * 25 + 52500 * 1.5 * 12.5) * 0.2 = 1115625.0
* Let X be the percentage on sales income over mining income,
Price per share (PPS) will be 1115625.0 * (1 + X) / 400000,
X = 0.1, PPS = 3.068 BTC;
X = 0.2, PPS = 3.347 BTC;
X = 0.3, PPS = 3.626 BTC;
X = 0.4, PPS = 3.905 BTC;
X = 0.5, PPS = 4.184 BTC;
X = 0.6, PPS = 4.463 BTC;
X = 0.7, PPS = 4.741 BTC;
X = 0.8, PPS = 5.020 BTC;
X = 0.9, PPS = 5.299 BTC;
X = 1.0, PPS = 5.578 BTC; (We are around here as of recently)
X = 1.1, PPS = 5.857 BTC;
X = 1.2, PPS = 6.136 BTC;
X = 1.3, PPS = 6.415 BTC;
X = 1.4, PPS = 6.694 BTC;
X = 1.5, PPS = 6.973 BTC;
...
References:
[1] https://en.bitcoin.it/wiki/Controlled_supply
(Be diligent and do your own calculations. I am a shareholder and I am biased.)
Are you taking the shit? So a single share will be worth $557800 in 2018 if both the mining percentage and the BTCUSD price stays the same?
Actually of course income /= divs. They need to pay for electricity, housing, staff, etc before they can pay out divs. So it would be less. Lets assume 50%. But still..
Also hosts MtGox.
That's quite funny, but as an investor, it would be nice to have some transparency.
Havelock breached BTC3 while I was asleeep, then went back down. But the line has technically been crossed.
The recent growth is too rapid and definitely not sustainable. I'd like to see a slower but more steady growth.
Also hosts MtGox.
Friedcat tripping over cat5 in the datacenter perhaps ?
Anyone know how the "datacenter" even looks?
Any reason for the noticeable hash rate drop off ?
Friedcat tripping over cat5 in the datacenter perhaps ?
Friedcat tripping over cat5 in the datacenter perhaps ?
Just posted that to prevent sharepricebubblepop next week
My estimate for next div is 0.02684
Good estimate I'd say. Around 2.1-2.6 IMO.
I think it will be higher. Current solomining effort this week is on target for 0.021 alone. There would have to be very little hardware sales for dividend to be only 0.026 and none at all for 0.021.
Havelock breached BTC3 while I was asleeep, then went back down. But the line has technically been crossed.
My estimate for next div is 0.02684
Good estimate I'd say. Around 2.1-2.6 IMO.
I said that (stating another way for clarity) it has no inherent value outside of the value that can be used in trade.
I agree, and to this I say that the value that can be used in trade is substantial. Facilitating trade is a huge value - look at the valuation of stock markets, financial markets in general, banks, visa, etc... These organizations are worth trillions of dollars globally because they facilitate secure trade - they provide no other value. Bitcoin represents a platform for trade that is completely decentralized. The more people use it, the more valuable bitcoins themselves become.
Of course I'm likely wrong, because I haven't come from finance and all this is still new to me. So please be welcome to point at my mistakes, as I'm always happy to learn. Thank you!
I really didn't mean to sound harsh, sorry!Jump to: