Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 982. (Read 3917058 times)

 i think you'll be closer than you think. but who knows right....your 1st and 3rd point are somewhat contradictory though

Not sure why you think AM should be 24% of Bitcoin market cap, the coins that are already mined, are not owned by AM. Unless you think miners at any time, combined, should be worth 100% of Bitcoin marketcap, which doesn't make any sense.

AM's potential profits comes from the coins that are not yet mined, and also selling hardware. These two are actually the same thing, by selling hardware, AM is creating competition to itself. Realistically, we can assume AM will maintain, on average, 20% of network for at least a few years, and then who knows what happens, a few competitors are developing sub 50nm process, which will hugely beat AM's hardware(though AM is also looking to do this in the near future).

thanks for posting this.   

1) BTC3.3
2) BTC0.02994010 per share
3) profit???


Note: the above is made up out of the clear blue sky.

BTC/USD has never been that high, it was $256, for a moment, 2 months ago.

Because they watched BTC fall from $290 to $100 several weeks ago, and don't want to get caught holding the bag again.

^^^ nice
 
Right now i'm very curious of two things:

What the market price of shares will be by pre-dividends on Wednesday

What the dividends will be this week.

Also, why is anyone selling shares under 3BTC? i just can't grasp it.

Now that the sell wall is out of the way with the 2000 share auction @ 2.50 btc, its a good time to repost this analysis

ASICMiner market cap =
BTC 1152000  (@ btc 2.88/share)
$117,504,000   (@ $102 btc/usd)

Yet bitcoin's market cap =
11,274,675 (bitcoins mined)
$1,150,016,850 (@ $102 btc/usd)

and ASICMiner =
24% of total hash rate ( http://blockchain.info/pools )

yet ASICMiner currently trades at =
10% of bitcoin market cap

without issuing dividends ASICMiner should trade at =
24% of bitcoin market cap

this puts the share price at =
BTC 6.76  ( (BTC's issued * .24 ) / 400000 shares )

and this represents a =
234% price increase from today's prices

ASICMiner does issue dividends making the shares more attractive than holding bitcoins and would logically trade at a premium to its network value (the % it contributes to the bitcoin network)

ASICMiner shares are very cheap.

ASICMiner plans to increase its hashing capabilities by a large factor putting it closer to 33% or 40% of the hash rate, and this is not currently priced in to the stock price.

Disclaimer: stslimited is long ASICMiner.

feel free to repost, and discuss this pricing analysis. This analysis does not include possible negative factors yet based on available information, this analysis does not see those negative factors rationalizing the share price being 1/3rd of the value computed above.

This analysis ignores hardware sales, which are a large and complimentary percentage of ASICMiner's value.

emphasis mine

It's possible, but also consider three things:

1. AM probably set themselves up with large orders to distributors, this may or may not have been reflected in recent dividends.
2. AM started advertising their USBminers recently, this will likely boost sales.
3. AM likely held back some blades for their farm, to continued increased hashing, enough at least to keep up with any difficulty increases until they get the next batch in.

I am merely speculating here, but this is how *I* see it...  

But we're doing far better in the mining department. I'd expect a similar dividend, not much more or less.

I agree with your assessment. Blades represented ~.017 of last weeks dividends.

I'm curious what kind of effect merged mining had on income from BTC guild? I'm sure they've thought through that -- I'm just curious what the thought process was.

Maybe next week divs will be a bit less cause blades are sold out

Look at that, ASICMINER is 100% out of BTC guild and 100% solo mining. More profits for us.

Nice job F&F (friedcat and friends)!

For people wondering about dividends... I again will point you to the chart I had runeks make.  Take a look at this...



We are doing FAR better then last week at the same time, so divs should be wonderful imho.

For the full chart visit http://runeks.dk/bitcoin/ and DONATE to him and SmiGueL  (http://www.asicminercharts.com/) for their AMAZING charts that I cant stop staring at.

I have one BFL single ordered in march, couldnt resell the preorder so far. Dunno was it lack of trust in me or in BFL. But I guess in the end that miner would become a novelty in my future collection of "My pathway of becoming a millionaire" 

I am diversifying a bit.  I own 2 blades, I have 5 avalons on the way, but I don't think I can keep up with the difficulty forever so that's where AM shares come in.  We'll see!

Well done. There was a literal stampede to pick up anything left over at 2.5 in his sales thread right after the doors closed. 3BTC/share today, Havelock is very close to breaching 3 as we speak.

However that's not the assumption a fiat investor makes, isn't it? You invest because you want to stay at least above inflation, best case above the global economic growth because you know the USD 100,- that you have now won't have the same purchase power in 10-20 years. Same for EUR, the array of currencies European countries had before the Euro and every other fiat currency.

Now assuming some people think that there's a chance that fiat currencies will vastly lose relevancy the next 100 years, yet don't want to take their chance with gold either... now where would that leave us...?