mining is not the primary focus of AM. They are gearing toward chip production, which is a growing market.
I second that - AM is growing, and I wonder how big a part mining will play in its future. 
Topic: ASICMINER Speculation Thread - page 44. (Read 808847 times)
seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!! 
As a guy who bought AM shares around .8 and rode them all they up to 4.5 BTC /share than back down to .8 let me just give you some advice: ...be careful !
Lot more competition these days. I still think FC is the man but I don't ever think they will getting anywhere to the dominance they had when there was only three players in town, AM, Avalon, and BFL. AM has great products and they had a huge advantage but I think they blew that, and its sort of over for them now. I could be completely wrong and tbh don't follow them anything close like I used to, but just, be careful...
less market share, bigger market.
No: the market is the same size - still 25BTC/block; this will only decrease in the future.
mining is not the primary focus of AM. They are gearing toward chip production, which is a growing market.
seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!!
As a guy who bought AM shares around .8 and rode them all they up to 4.5 BTC /share than back down to .8 let me just give you some advice: ...be careful !
Lot more competition these days. I still think FC is the man but I don't ever think they will getting anywhere to the dominance they had when there was only three players in town, AM, Avalon, and BFL. AM has great products and they had a huge advantage but I think they blew that, and its sort of over for them now. I could be completely wrong and tbh don't follow them anything close like I used to, but just, be careful...
less market share, bigger market.
No: the market is the same size - still 25BTC/block; this will only decrease in the future.
seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!!
As a guy who bought AM shares around .8 and rode them all they up to 4.5 BTC /share than back down to .8 let me just give you some advice: ...be careful !
Lot more competition these days. I still think FC is the man but I don't ever think they will getting anywhere to the dominance they had when there was only three players in town, AM, Avalon, and BFL. AM has great products and they had a huge advantage but I think they blew that, and its sort of over for them now. I could be completely wrong and tbh don't follow them anything close like I used to, but just, be careful...
AM will drop (close) to or (slightly) below IPO in the next few weeks. That is the time to buy.
yeah, this manipulator, after making it surge to 0,75 (and sell some) will make it drop back to 0,30ish so he can buy back from fools. this price is completely BS anyway since we have no confirmed news.
+ still a long way to april anyway.. patience
AM will drop (close) to or (slightly) below IPO in the next few weeks. That is the time to buy.
Cheap shares on Havelock. Someone got cold feet and offers us a last chance of obtaining affordable shares! Thanks!
lol i've been putting bids by 0,001 of magnitude but there is always someone that immediately outbids me.. manipulation...
edit: and when i cancel all my 1share open bids, the guy just cancel his as well and put them back to the lowest bid around 0.45..
so i guess its certainly not going to drop below that.
edit edit: haha and when i buy at the lowest ask, another similar one immediately pops up as well...
Cheap shares on Havelock. Someone got cold feet and offers us a last chance of obtaining affordable shares! Thanks!
SCRYPT miner is the new frontier which can open space for more growth. After DOGE success and recent jump of LTC these is clear to everybody.
seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!!
Lol Escaped from newbie jail THEYMOS
(Kid getting to rail on the newbie ranks outside of newbie threads is fun atm before it gets old lol)
That said It really depends on how long they can control the market
30% of the network for 3 months of the year is still a large amount
Or I guess 30% of hash equivalent in hardware sales
But digresses and waits on the news assuming Chinese New Year might not be till Valentines Day
I did end up with 30% but your right should go with 15% although 7.5% as it is an average
I included the idea that nothing else was theoretically mined for 9 months so drops that amount by a half and a fourth for those that like to measure numbers that way. 30% For 3 Months is the same as saying 7.5% Averaged over a year
This also assumes they went into mining for some logical reason instead of selling the units at above market prices.
https://en.bitcoin.it/wiki/Controlled_supply
262500 2 25.00 2014 11812500 1312500 13125000 11.11% 62.500%
1312500* 0.3 = 393,750 BTC /400,000 = 0.984375
1312500* 0.2 = 262,500 BTC /400,000 = 0.65625
1312500* 0.15 = 196,875 BTC /400,000 = 0.4921875
1312500* 0.1 = 131,250 BTC /400,000 = 0.328125
1312500* 0.05 = 65,625 BTC /400,000 = 0.1640625
1312500* 0.005 = 6562.5 BTC/ 400,000 = 0.01640625
The market is around 0.6 Now so Assuming I presume around an average of 30% Yield yearly
Since that was the yield we were at before the price rises in anticipation of the release
0.6*0.3 = 0.18 BTC/YR so at about 5.5% Hashrate
Presumes the market values AM at about a 5.5% yearly Hashrate presently
So there is room for movement either way but I like other peoples speculation numbers more
Technically if we used current hash that's where the bears come from but still naps on news and lets Friedcat have his vacay time
seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!!
Lol Escaped from newbie jail THEYMOS
(Kid getting to rail on the newbie ranks outside of newbie threads is fun atm before it gets old lol)
That said It really depends on how long they can control the market
30% of the network for 3 months of the year is still a large amount
Or I guess 30% of hash equivalent in hardware sales
But digresses and waits on the news assuming Chinese New Year might not be till Valentines Day
seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!!
Lol Escaped from newbie jail THEYMOS
(Kid getting to rail on the newbie ranks outside of newbie threads is fun atm before it gets old lol)
That said It really depends on how long they can control the market
30% of the network for 3 months of the year is still a large amount
Or I guess 30% of hash equivalent in hardware sales
But digresses and waits on the news assuming Chinese New Year might not be till Valentines Day
seriously? you guys really think it could go back to 3 or 4 BTC/share? shhht i need to buy a lot more now then!!
The worry is tx volume is less than is was a year ago? How can that be right with all these new retailers starting to accept bitcoin? Or we talking the SR influence here or something else entirely?
Transaction volume, or number of transactions is not lower than it was a year ago.That chart is showing tx fees, in btc, and it's volume is less (in btc) then a year ago. That's because default individual fee on a transaction is lower now, 0.0001 btc. Was 0.0005 btc before.
Look this chart, tx fees in $, http://blockchain.info/charts/transaction-fees-usd
Tx fees in jan 2013 - $1000
Tx fees in jan 2014 - $15000
144 blocks per day
52560 blocks per year
1314000 BTC per year
52560 blocks per year
1314000 BTC per year
The blocks have been mined at a substantially faster rate than the ideal of 6 blocks per hour. I think the average is more like 7.5 blocks per hour, which pencils out to 65,700 blocks per year and 1,642,500 btc per year.
Using the 2.5% to 25% range, I get 0.10 to 1.02 bitcoins per share in potential mining revenue.
Anyway, I don't believe AM cannot mine 400,000 Btc over its lifetime from this point forward, which implies min of 1 Btc per share. Also, I can't see AM stopping at 2.5% of network with the most energy efficient chips (and possibly cheapest chips). I can't see AM stopping at anything less than 40% of network assuming the most energy efficient chips (unless they are selling chips at a higher margin compared to mining. Either way AM wins).
if transaction fees pick up........................ that helps
Still not looking good on that front:
https://blockchain.info/charts/transaction-fees
Why not?
Give it time. I think tx volume could quickly go to 1000x what it is today (within 5 years). Might only lead to 10x tx fees because btc/usd will go up 100x in the meantime.
The worry is tx volume is less than is was a year ago? How can that be right with all these new retailers starting to accept bitcoin? Or we talking the SR influence here or something else entirely?
144 blocks per day
52560 blocks per year
1314000 BTC per year
52560 blocks per year
1314000 BTC per year
The blocks have been mined at a substantially faster rate than the ideal of 6 blocks per hour. I think the average is more like 7.5 blocks per hour, which pencils out to 65,700 blocks per year and 1,642,500 btc per year.
Using the 2.5% to 25% range, I get 0.10 to 1.02 bitcoins per share in potential mining revenue.
Anyway, I don't believe AM cannot mine 400,000 Btc over its lifetime from this point forward, which implies min of 1 Btc per share. Also, I can't see AM stopping at 2.5% of network with the most energy efficient chips (and possibly cheapest chips). I can't see AM stopping at anything less than 40% of network assuming the most energy efficient chips (unless they are selling chips at a higher margin compared to mining. Either way AM wins).
if transaction fees pick up........................ that helps
Still not looking good on that front:
https://blockchain.info/charts/transaction-fees
Why not?
Give it time. I think tx volume could quickly go to 1000x what it is today (within 5 years). Might only lead to 10x tx fees because btc/usd will go up 100x in the meantime.
144 blocks per day
52560 blocks per year
1314000 BTC per year
52560 blocks per year
1314000 BTC per year
The blocks have been mined at a substantially faster rate than the ideal of 6 blocks per hour. I think the average is more like 7.5 blocks per hour, which pencils out to 65,700 blocks per year and 1,642,500 btc per year.
Using the 2.5% to 25% range, I get 0.10 to 1.02 bitcoins per share in potential mining revenue.
Anyway, I don't believe AM cannot mine 400,000 Btc over its lifetime from this point forward, which implies min of 1 Btc per share. Also, I can't see AM stopping at 2.5% of network with the most energy efficient chips (and possibly cheapest chips). I can't see AM stopping at anything less than 40% of network assuming the most energy efficient chips (unless they are selling chips at a higher margin compared to mining. Either way AM wins).
if transaction fees pick up........................ that helps
Still not looking good on that front:
https://blockchain.info/charts/transaction-fees
Why not?
144 blocks per day
52560 blocks per year
1314000 BTC per year
52560 blocks per year
1314000 BTC per year
The blocks have been mined at a substantially faster rate than the ideal of 6 blocks per hour. I think the average is more like 7.5 blocks per hour, which pencils out to 65,700 blocks per year and 1,642,500 btc per year.
Using the 2.5% to 25% range, I get 0.10 to 1.02 bitcoins per share in potential mining revenue.
Anyway, I don't believe AM cannot mine 400,000 Btc over its lifetime from this point forward, which implies min of 1 Btc per share. Also, I can't see AM stopping at 2.5% of network with the most energy efficient chips (and possibly cheapest chips). I can't see AM stopping at anything less than 40% of network assuming the most energy efficient chips (unless they are selling chips at a higher margin compared to mining. Either way AM wins).
Very bullish, and as a shareholder, I share the dream. But until we see a working chip, its just a dream.
1. Someone develops an even more efficient chip/mining process
2. FC walks away
3. Something happens to FC
4. Someone steals chip design
5. AM goes private or is acquired
I could list risks all day but they just stress me out
prefer to "hold and dream" 144 blocks per day
52560 blocks per year
1314000 BTC per year
52560 blocks per year
1314000 BTC per year
The blocks have been mined at a substantially faster rate than the ideal of 6 blocks per hour. I think the average is more like 7.5 blocks per hour, which pencils out to 65,700 blocks per year and 1,642,500 btc per year.
Using the 2.5% to 25% range, I get 0.10 to 1.02 bitcoins per share in potential mining revenue.
Anyway, I don't believe AM cannot mine 400,000 Btc over its lifetime from this point forward, which implies min of 1 Btc per share. Also, I can't see AM stopping at 2.5% of network with the most energy efficient chips (and possibly cheapest chips). I can't see AM stopping at anything less than 40% of network assuming the most energy efficient chips (unless they are selling chips at a higher margin compared to mining. Either way AM wins).
if transaction fees pick up........................ that helps
144 blocks per day
52560 blocks per year
1314000 BTC per year
52560 blocks per year
1314000 BTC per year
The blocks have been mined at a substantially faster rate than the ideal of 6 blocks per hour. I think the average is more like 7.5 blocks per hour, which pencils out to 65,700 blocks per year and 1,642,500 btc per year.
Using the 2.5% to 25% range, I get 0.10 to 1.02 bitcoins per share in potential mining revenue.
Anyway, I don't believe AM cannot mine 400,000 Btc over its lifetime from this point forward, which implies min of 1 Btc per share. Also, I can't see AM stopping at 2.5% of network with the most energy efficient chips (and possibly cheapest chips). I can't see AM stopping at anything less than 40% of network assuming the most energy efficient chips (unless they are selling chips at a higher margin compared to mining. Either way AM wins).
Very bullish, and as a shareholder, I share the dream. But until we see a working chip, its just a dream.
1. Someone develops an even more efficient chip/mining process
2. FC walks away
3. Something happens to FC
4. Someone steals chip design
5. AM goes private or is acquired
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