Bitcoin Forum

I made a quick site to compare different bitcoin stocks: http://coinstocks.net/
It shows the "potential price" of each stock, that's the hypothetical price a stock would have if it had the same market cap as ASICMINER. Of course, this is not a realistic scenario but it helps comparing the possible profit of different stocks.

Your comments and suggestions are welcome.

Cool site, I think adding more assets should be your priority.

Ideas for more columns:

Operational [Yes/No]
Average dividend in the last 2 weeks

All of that, and a small graff o the price variation over the last 24 or 48 hours.

You can't have them all at the market cap of Asicminer, when the fact is that they are all competing for the same hardware space. As soon as some of them go up, Asicminer goes down.

You can also state the estimated production timelines and what technology nodes they are using (as 110/130nm chips need to be sold quickly as they will be outdated faster than anything else: they are the GPUs of tomorrow, as that was the tech used in ~2002 for building the first Pentium 4's (http://pc.watch.impress.co.jp/docs/2008/0402/kaigai01_07.pdf), see bottom row for die sizes). The better the technology nodes, the more future-proof are the chips and the corresponding asset.

Well this could be very helpful!

I notice that ASICMiner is listed with a potential gain of 100%. Since potential gain is calculated by comparing market cap against ASICMiner's market cap, this should be 0% potential gain, no?

You're right, thanks for pointing that out. I just changed that to show the correct gain.

Obviously the formula for comparing market caps is drastically simplified and doesn't account for many variables. MYMINER for example doesn't design its own chips and buys from other firms, constructing their own machines. Comparing them against AM is unfair from a cost perspective since they'll theoretically always have higher chip costs than firms that design and manufacture their own.

Also, the comparison of mining operation & mining equipment stocks against AM is not necessarily a zero sum game. AM only has 20-30% of the market - if a new player comes in and grabs 5-10% of the hashrate, they could take this from customers mining with older equipment and higher costs of electricity. It stands to reason that AM will probably lose some of this hashrate, but not necessarily a proportionate amount. As far as mining equipment sales go, Avalon, BFL and KnC aren't publicly traded. Everything else being equal, they stand as much to lose as AM and thus AM may or may not lose a proportionate share of the market when other publicly listed companies gain.

In general, your premise has validity, but there are a lot of factors that will go into who wins the next round. AM is the clear winner so far - how long they maintain their lead and who they share it with is definitely in question.

Come say December (2013), I admit that I have no idea what the field will look like.

Absolutely true. I just needed some kind of benchmark for my own decision making and started to compare all these new stocks to the top dog ASICMINER.
Although this might be a highly inaccurate method it does give some basic insights.

I will come up with a more detailed concept and users will be able to tweak parameters and enter their own data.
If you have suggestions, just let me know.

+1 on the dividends. I'd have 2 fields: Last Dividend in APR % and Average Dividend Last 4 Weeks in APR %.

Thanks for all your helpful suggestions.

Will definitely add dividends.


I'll try to add this as well.

I'm not sure if separate columns for each of these things would make sense, but I could add a basic textual description including this data.

Also it could be useful if you could implement negative percents in the potential gain, so e.g. if a security is overvalued, then the potential price is lower than the actualy price, and the gain could be a negative percent.

BTCGARDEN - Potential gain 0%

That's the one heresy these pump-and-dump scams can't bear. Don't hold your breath.