Author

Topic: What is TAT Asicminer (Read 1710 times)

hero member
Activity: 518
Merit: 500
May 21, 2013, 06:28:17 PM
#4
TAT are pass-through shares of ASICMINER provided by "ThickAsThieves" hence the TAT abbreviation. Each TAT share is worth 1/100 of a normal Asicminer share or any other pass through share of Asicminer. Since you have to buy "whole" units of a share, this smaller unit allows people to buy portions of asicminer without having to pay 2+btc for a piece of the company.

The other versions of asicminer such as AsicMiner-PT or G.Asicminer are all the same shares of AsicMiner stock, just provided by a different person.

burnside is the provider for asicminer-pt and deadterra is the provider of g.asicminer.

Buying a direct share of asicminer establishes a contract with you and freidcat (owner of asicminer)
Buying Asicminer-PT share on establishes a contract with you and burnside, where burnside has a contract with freidcat.
Buying TAT-Asicminer share establishes a contract with you and thickasthieves, where thickasthieves has a contract with freidcat

and etc.

Thanks for helping!
newbie
Activity: 42
Merit: 0
May 20, 2013, 06:21:21 PM
#3
Should probably move this to/look at Securities Sub-board: https://bitcointalk.org/index.php?board=78.0

or click the 'Details' tab on your link and this shows up:
Quote
https://bitcointalksearch.org/topic/btc-tc-tatasicminer-new-micro-share-passthrough-192499

Shares
Each 1 share of TAT.ASICMINER represents 1/100th of a share of ASICMINER maintained and verified by either Friedcat or any officially designated exchange, and has rights to 1/100th of the dividends of a whole ASICMINER share.

Dividends
Each TAT.ASICMINER share has the right to 95% of its respective dividends. 5% will be retained for asset management fees. The amount of the dividend is defined as the same amount distributed by ASICMINER to the shares held by the issuer for this asset. Dividends will be paid within 48 hours or less of confirmed payments from ASICMINER.
member
Activity: 114
Merit: 10
May 20, 2013, 06:18:59 PM
#2
TAT are pass-through shares of ASICMINER provided by "ThickAsThieves" hence the TAT abbreviation. Each TAT share is worth 1/100 of a normal Asicminer share or any other pass through share of Asicminer. Since you have to buy "whole" units of a share, this smaller unit allows people to buy portions of asicminer without having to pay 2+btc for a piece of the company.

The other versions of asicminer such as AsicMiner-PT or G.Asicminer are all the same shares of AsicMiner stock, just provided by a different person.

burnside is the provider for asicminer-pt and deadterra is the provider of g.asicminer.

Buying a direct share of asicminer establishes a contract with you and freidcat (owner of asicminer)
Buying Asicminer-PT share on establishes a contract with you and burnside, where burnside has a contract with freidcat.
Buying TAT-Asicminer share establishes a contract with you and thickasthieves, where thickasthieves has a contract with freidcat

and etc.
hero member
Activity: 960
Merit: 514
May 20, 2013, 06:10:10 PM
#1
There are many companies named asicminer at btc-co

https://btct.co/security/TAT.ASICMINER

Then there is PT.Asicminer (pass through)

What are those?
Jump to: