Bitcoin Forum

Someone do the math so I can get a boner.  It obviously won't be as big as the last one..

Where you can get the info for doing the math?

I can do it myself if I know that.

mining profit + sales
I don't think there were any sales this time (?) but  I could be wrong.  When are the first USB rigs being sold?  Still pretty new to this..

Same here, hope someone can help us :)

BTW ASICMINING power is ~10% total hasrate and that's ~0,006 BTC/share per week.

I think 0.006 is outdated.. they're up to 0.015 now!

It's good I'm wrong  ;D

The dividend per share was 0.02084164 this week.

However, it still hasn't cleared which is odd as it was posted 4 hours ago.  Hope the info helps :)

-JC

where can i get in on this ASICMINER stuff?!?!?!

Check out this website for ASICMINER hashrate!

http://www.asicminercharts.com/live/

It's not 10% like I was guessing... it's 22%!!  :o :o

That's 5,600 BTC/week or 0,014 BTC/share  ;D

Why are people willing to pay over 2 BTC for a share? It seems to take more than a year to break even, but probably I'm missing something  ???

Because you can sell the share on again, as well as receiving dividends. And if the price continues to go up, you'll do a lot more than break even.

One year to break even is great! Try to invest in one real business outside bitcoin... You're lucky if you're breakeven after 5 years.

And of course you can always sell your shares in the future...  :)

So how does one buy a share?

if we knew the dividend would stay constant for a year, it could be seen as overvalued to some people, but as the bitcoin network grows, so does asicminer, as they want to hold a maximum per centage of its hash rate.  share price goes up because of anticipation for ever increasing dividends.  (i think).  people are betting not just on current dividend yield but future growth which at this point seems inevitable. 

btct.co

thank you for the info

The dynamics of the intra-Bitcoin economy prevent ASICMINER's dividends from growing long-term.  There is a threshold for their yield (in BTC), and they are seemingly already close to it.  Given that, I hope to goodness that people aren't investing in ASICMINER hoping that the yield will continue to increase.  Unless ASICMINER enters markets other than mining, but I believe friedcat already indicated that the ASICMINER entity itself would not.

As for the share price itself, I believe that will continue to grow, as the Bitcoin economy and mining market mature.  A bridge to fiat (buying/selling ASICMINER shares with fiat) would throw it into the stratosphere.

You can buy them directly from Maketplace --> Auctions or Securities