Ok, so I am in for ฿2.74 which is not that bad. Thanks to selloffs and uncertainty.
you could've gotten it for below
BTC2.7 at the lowest point.
I've bought few PTs for 2.8 and later 2.6
I am little worried that if KNC or someone else will come with better hardware those 20% of ASICMINER's market will go down with PTs heading south. Also I am interested about competition.
I hope that you understand ,Most of the integrated circuit manufactures in China is capable to produce at 40nm technical , KNC is using 28nm.(not a huge differences ,and I believe China has manufacture can produce this at 28nm too.)for integrated circuit producing, it would be roughly the same process to producing 110nm (Technical used in first Generation Blade)and 28nm ,it only different in the production equipment involved .and also consider the cost advantage in China and availability of production equipment and technicians. Still should not worry about it too much.
In facts the missing hashrate is backed , other things should be consider is as long as there are not competitors in the exchange ,this still are good assets, even it dividend been drooped 50% , it still the best assets generate positive value to its shareholders. The only things is some people are often too sensitive about the price fluctuation and often fell panic when they see the price drooped significantly.
I think if you wish to make money in BTC stock market than AM is the only option as long as I have seen.
I was spreading this information before, since some one said go to get PMB , because its dividend looks like better than AM, but they did not consider about its dividend is far less than the value depreciated of its contract , which you can look at PAJKA bond.
AM is a company in Shenzhen ,GuangDong province China. this province is famous of assembly electrical products. The most apple products is produced in this province too.
My point is do not worry, if there are not other assets generated positive value, then AM still in the dominant position , for those selling shares today is equal to make a panic loss and give up their future benefit. of course , if you planed to leave the BTC exchange than it will be another story.
Thank you for you very informative post. The thing is if Swedish or Russians can produce 28nm with lower power demand fast enough, they can surpas ASICMINER very fast. Maybe it's a stereotype but I still view China as great manufacturer but not an inventor.
BASIC MINING has just tripled its share value in the past few weeks.
Doubled over last night.
I think BASIC MINING would be a good short.
That's because creativex just got his Avalon unit.
Basic mining's dividend is about 3% a year at today's level, I would not call this as a competitive competitor. and for majority AM shareholder's need a stock that can at least average trading over 100BTC per day,and the liquidity provides by those stock are not meet this requirement , but I would to see if KNC really IPO at bitfunder,then it will affecting AM's price, but consider KNC only produce hardware, they do not mining, so this question needs take further analysis.
I suggest do not buying Basic mining at this price level, not only it has very low dividend compare with AM ,and its price more likely to be correct in the future.
Thank you guys for your posts about Basic minig. I will definitely look into that.
Anyway the price of ASICMINER-PT jumped up but I think it will go down to 2.9 again. The price gain was too quick.
