ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 881. | Bitcointalksearch.org
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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 881. (Read 3917468 times)

hero member
Activity: 784
Merit: 501

1) in your own #s, then at the current price of 4.7BTC AM is still undervalued if it will generate 6.4BTC.
2) If you apply that type of reasoning to real life companies then you would rarely invest - APPL was likely never going to survive the 90s because its stock was overpriced right?
3) Buying AM is believing friedcat & Co. can do more with BTCs than you can. They might open new services or create new income streams (meanwhile reducing income seem unlikely.)
4) Txs, Txs Txs. By the time all Bitcoins have been mined, the transaction fees will make it worthwhile for the miners (Satoshi's white paper)


True, AM shareholders also have a stake in Bitfountain, the mother company.

Q: Why don't you use Bitfountain for your GLBSE ticker?
A: Because the ASICMINER shareholders (GLBSE investors) have an extra set of privileges upon Bitfountain shareholder (us).

https://bitcointalksearch.org/topic/m.1088045
legendary
Activity: 1554
Merit: 1009
4) Txs, Txs Txs. By the time all Bitcoins have been mined, the transaction fees will make it worthwhile for the miners (Satoshi's white paper)

I don't think you even need to look that far ahead. If Tx fees haven't reached BTC12.5 per block by the time the reward halves again, BTC is probably dead in the water.
donator
Activity: 290
Merit: 250
The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.


Transaction Fees.
TX fee is negligible. Note, there is also cost of running a company,electricity, chip design, manufacture,etc.
TX fee encourages hoarding, punishes spending, which is bad.



1) in your own #s, then at the current price of 4.7BTC AM is still undervalued if it will generate 6.4BTC.
2) If you apply that type of reasoning to real life companies then you would rarely invest - APPL was likely never going to survive the 90s because its stock was overpriced right?
3) Buying AM is believing friedcat & Co. can do more with BTCs than you can. They might open new services or create new income streams (meanwhile reducing income seem unlikely.)
4) Txs, Txs Txs. By the time all Bitcoins have been mined, the transaction fees will make it worthwhile for the miners (Satoshi's white paper)
hero member
Activity: 742
Merit: 500
Here's my thoughts.  If ASICminer retains X% of the mining network, then he will maintain X% of the reward.  Rival made some points about increasing your competitors so you can gain more market share.  But if the network increased by Y, then ASICminer needs to increase their hashing power by Y * X% to maintain X%.  This is just to stay even in the mining realm.

In fact, the only way ASICminer can increase their dividends is to sell hardware.  If they increase their network percentage, they risk pushing the value down.  They can't increase their dividends by mining, since they've capped themselves at the max % of network rewards they can make without causing a 51% scare.  Which makes me think they will be increasingly present in the mining hardware market.
sr. member
Activity: 266
Merit: 250
ASICMINER Weekly Write-up 07/03/2013

Dividend: BTC0.02297025
Previous 5wk Avg: BTC0.0269764
Previous All Time Avg: BTC0.01655679625

Hashrate estimate: 29.46TH/s
Network percentage: 15.3%

Share Price: BTC4.77
7day low: BTC3.266
7day High: BTC5.17

Friedcat Updates:
No posts from Friedcat save for 3 confirmations on the number of shares held by specific individuals.

Noteworthy Information:
  • Rockxie, the distributor of ASICMINER products in China "leaked" some new information - Presentation - Translation
  • Jutarul, a large holder of ASICMINER shares, held a public fixed price auction of 1,000 shares at BTC4.5 - Auction Post
  • Rival posted some thoughts on the position and future of ASICMINER - Post


(http://www.asicminercharts.com/)


(http://runeks.dk/bitcoin/)

For more information on ASICMINER please visit https://asicminer.info/

Please send any comments, corrections, additions or suggestions to Aahzmundus.

Was this information valuable?  Consider leaving a tip at: 1AahzKNU7NgNJyQPx7BJDLSiFRhgSA2P7c

THANK YOU!
member
Activity: 68
Merit: 10
The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.


Transaction Fees.
TX fee is negligible. Note, there is also cost of running a company,electricity, chip design, manufacture,etc.
TX fee encourages hoarding, punishes spending, which is bad.

member
Activity: 68
Merit: 10
The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.

You forget the ever-important hardware sales. ASICminer is, first and fore-most, a hardware company.
Hardware sales are included. So far less than 30% of mining income.
full member
Activity: 185
Merit: 100
The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.

You forget the ever-important hardware sales. ASICminer is, first and fore-most, a hardware company.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.


Transaction Fees.
member
Activity: 68
Merit: 10
The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You are welcome!  Yes, this is geared to the new investor, or the investor who has other things to do then refresh this thread every 5 min (as you see, I do not have better things to be doing!).

My big issue is going to be making sure new investors can find and get access to this information.  To that end, if you think I should post it somewhere, let me know.  If you would like to copy my updates to put on your site/blog, please do so! ... just do so in their entirety with credit to me or including a link to the full version (which includes my donation address!)
I just don't have the time to gather all this info. I think many (potential) investors are in the same situation, because there is no other centralized AM info source than this thread.

We should have a weekly newsletter mailed to us as PDF with all the info. I'd throw in a few Satoshis per week for that Wink

Good idea, I will work on that.
full member
Activity: 218
Merit: 100
Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You are welcome!  Yes, this is geared to the new investor, or the investor who has other things to do then refresh this thread every 5 min (as you see, I do not have better things to be doing!).

My big issue is going to be making sure new investors can find and get access to this information.  To that end, if you think I should post it somewhere, let me know.  If you would like to copy my updates to put on your site/blog, please do so! ... just do so in their entirety with credit to me or including a link to the full version (which includes my donation address!)
I just don't have the time to gather all this info. I think many (potential) investors are in the same situation, because there is no other centralized AM info source than this thread.

We should have a weekly newsletter mailed to us as PDF with all the info. I'd throw in a few Satoshis per week for that Wink
newbie
Activity: 38
Merit: 0
Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You want to see impossible, head over to fuckcombustion.com and pretend you're in the market for a vaporizer. 800+ page threads of stoners bickering about glass airpaths and the best method for ingesting "medicine"  Grin
lol wut


Stoner logic>
full member
Activity: 218
Merit: 100
Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You want to see impossible, head over to fuckcombustion.com and pretend you're in the market for a vaporizer. 800+ page threads of stoners bickering about glass airpaths and the best method for ingesting "medicine"  Grin
lol wut
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
there's a facebook fan page
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You are welcome!  Yes, this is geared to the new investor, or the investor who has other things to do then refresh this thread every 5 min (as you see, I do not have better things to be doing!).

My big issue is going to be making sure new investors can find and get access to this information.  To that end, if you think I should post it somewhere, let me know.  If you would like to copy my updates to put on your site/blog, please do so! ... just do so in their entirety with credit to me or including a link to the full version (which includes my donation address!)
legendary
Activity: 1554
Merit: 1009
Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You want to see impossible, head over to fuckcombustion.com and pretend you're in the market for a vaporizer. 800+ page threads of stoners bickering about glass airpaths and the best method for ingesting "medicine"  Grin
full member
Activity: 218
Merit: 100
Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
ASICMINER Weekly Write-up 07/03/2013

Great job!

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.
hero member
Activity: 518
Merit: 500
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