Bitcoin Forum

Economy => Auctions => Topic started by: Namworld on February 04, 2013, 04:45:15 AM



Title: 696 ASICMINER shares for auction
Post by: Namworld on February 04, 2013, 04:45:15 AM
Hello,

I would like to put up for auction my 696 ASICMINER shares.

This is 696/400 000 shares of ASICMINER or 0.174% (200 000 sold for funding, 200 000 kept by company)

Info about these shares:
- 10 to 12 TH total planned in early february to mine for shareholders
- 6x increase planned in a second batch
- Further expansion possible
- Share of profit from sale of units
- Ownership of an ASIC manufacter, long-term potential

Starting bid: 0.10 BTC (IPO price)
Minimum increments: 0.01 BTC

You may bid for a partial stack of shares, minimum 25. The higher bidder displace lower bidders until there's no shares left.

There is an undisclosed reserve price tied to this auction under which I will not sell.


Update

We are on our revised timeline, and are about to deploy 800 hashing boards in early February. The picture down below is the QC device we are about to take to the assembling service before we pick up all the assembled boards tomorrow:

small:
http://img5.douban.com/view/photo/thumb/public/p1859117009.jpg

large:
http://img5.douban.com/view/photo/photo/public/p1859117009.jpg

The board on the upper-left is the power supply module. The upper-right one is the back side of the hashing board with VM connectors and heatsinks attached on. The bottom-left one is the front side of the hashing board without DIP components or heatsinks. The bottom-right one is the tester for QC, and it will be replaced by the controller board in real use.

A more detailed update is given to the board. Please note that the board member list has met its first adjustment, removing shareholders who hold much less than 5,000 after the initial offering from the board.

Update

All confirmations including GLBSE-only ones (who haven't claimed to us) have been sent. For shareholders who haven't received any, please check your spam folder, and report to us if you still couldn't find them.

Well, now that Avalon apparently shipped, would you like to give an estimate on when we start hashing and how many TH/s are we looking at?
Considering the yield rate (including chips themselves, assembling, and other uncertainties) and the overclocking opportunity we are looking at over 10TH/s and under 12TH/s for the whole first batch and sixfold for the second.

See the full thread: https://bitcointalk.org/index.php?topic=99497 (https://bitcointalk.org/index.php?topic=99497)


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 04, 2013, 04:51:30 AM
Format example:
XX @ 0.10 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: mb300sd on February 04, 2013, 04:53:15 AM
696 @ 0.1


Title: Re: 696 ASICMINER shares for auction
Post by: arij on February 04, 2013, 04:54:40 AM
50 @ .11


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 04, 2013, 05:12:25 AM
I forgot the end date. 7 days from the auction start, auction extends for 24h after the last bid.


Title: Re: 696 ASICMINER shares for auction
Post by: dadj on February 04, 2013, 05:18:52 AM
696 @ 0.15 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 04, 2013, 05:21:23 AM
696 @ 0.175 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: HorseRider on February 04, 2013, 05:45:12 AM
696 @ 0.185 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 04, 2013, 05:57:09 AM
696 @ 0.2 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: iCEBREAKER on February 04, 2013, 08:28:12 AM
25 @ 0.21


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 04, 2013, 08:39:32 AM
---------WINNER-----------Amount----Price/Share--
iCEBREAKER25250.21
BLFC Jordan6710.20
---------------------------------------------------------
----OUTBID----
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: phantastisch on February 04, 2013, 09:14:25 AM
I guess this was pretty cheap...  :P


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 04, 2013, 09:20:43 AM
I guess this was pretty cheap...  :P

Ahem, "current winners" table, the auction is not completed. It's just to keep track of current highest bidders. I'll have to rewrite that table title on my next post.


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 04, 2013, 11:23:52 AM
25 @ 0.25


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 04, 2013, 11:25:31 AM
......................


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 04, 2013, 11:27:03 AM
696 @ 0.25


Title: Re: 696 ASICMINER shares for auction
Post by: iCEBREAKER on February 04, 2013, 04:45:05 PM
25 @ .26


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 05, 2013, 02:19:56 AM
671 @ .26


Title: Re: 696 ASICMINER shares for auction
Post by: Blazr on February 05, 2013, 02:26:34 AM
25 @ 0.27

When does this auction end?


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 05, 2013, 02:49:09 AM
I forgot the end date. 7 days from the auction start, auction extends for 24h after the last bid.


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 05, 2013, 03:54:13 AM
---------CURRENT HIGHEST BIDS-----------Amount----Price/Share--
Blazr250.27
ineededausername 6710.26
---------------------------------------------------------
----OUTBID----
iCEBREAKER6960.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: iCEBREAKER on February 05, 2013, 04:14:17 AM
What???  I ain't bid .26 for no 696 shares!  More like 25 shares.

Guess being a high roller gives people the wrong idea, that I just throw BTC around like confetti.

This auction is going well, it has plenty of competing bids.

Maybe I should make a thread for competing offers?   

I hear DeadTerra has some ASICMINER he'd like to liquidate andale pronto...if not imma snipe this mofo.   8)



Title: Re: 696 ASICMINER shares for auction
Post by: iCEBREAKER on February 05, 2013, 04:14:55 AM
What???  I ain't bid .26 for no 696 shares!  More like 25 shares.

Guess being a high roller gives people the wrong idea, like I just throw BTC around like confetti.

This auction is going well, it has plenty of competing bids.

Maybe I should make a thread for competing offers?   

I hear DeadTerra has some ASICMINER he'd like to liquidate andale pronto...if not imma snipe this mofo.   8)




Title: Re: 696 ASICMINER shares for auction
Post by: ProfMac on February 05, 2013, 05:10:52 AM
...
This is 696/400 000 shares of ASICMINER or 0.174% (200 000 sold for funding, 200 000 kept by company)

Info about these shares:
- 10 to 12 TH total planned in early february to mine for shareholders
- 6x increase planned in a second batch
- Further expansion possible
- Share of profit from sale of units
- Ownership of an ASIC manufacter, long-term potential

...

See the full thread: https://bitcointalk.org/index.php?topic=99497 (https://bitcointalk.org/index.php?topic=99497)


I must have missed something here.  My analysis is:

The Avalon-2 is about (60 GH/s) / $1,500 --> 40 MH/s/$
This offer is (10TH/s) / (200,000 shareholder_shares) --> 50 MH/s/shareholder_share

On the basis of MH/s being equal, and neglecting things that make it not really so:
40 / $ = 50 / shareholder_share --> 50/40 $/shareholder_share

50/40 $/shareholder_share * 1 BTC / $20 --> 0.0625 BTC / shareholder_share

People are bidding 4.3 times this amount.  Why?


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 05, 2013, 05:14:41 AM
...
This is 696/400 000 shares of ASICMINER or 0.174% (200 000 sold for funding, 200 000 kept by company)

Info about these shares:
- 10 to 12 TH total planned in early february to mine for shareholders
- 6x increase planned in a second batch
- Further expansion possible
- Share of profit from sale of units
- Ownership of an ASIC manufacter, long-term potential

...

See the full thread: https://bitcointalk.org/index.php?topic=99497 (https://bitcointalk.org/index.php?topic=99497)


I must have missed something here.  My analysis is:

The Avalon-2 is about (60 GH/s) / $1,500 --> 40 MH/s/$
This offer is (10TH/s) / (200,000 shareholder_shares) --> 50 MH/s/shareholder_share

On the basis of MH/s being equal, and neglecting things that make it not really so:
40 / $ = 50 / shareholder_share --> 50/40 $/shareholder_share

50/40 $/shareholder_share * 1 BTC / $20 --> 0.0625 BTC / shareholder_share

People are bidding 4.3 times this amount.  Why?


You fail to realize in your calculations that:
(0) This is equity, not a mining bond.  That means that our hashrate will perpetually be increasing and we even get income from sales.
(1) Having terahashes now counts.  You can't really buy an Avalon-2 shipping in February.  Even if you could, the market price would be higher than Avalon is charging.  This is just like last year where mining bonds spiked up in price to a reasonable P/E ratio, rather than sitting at their hardware's preorder-value.

Yes, this makes this 4.3 times that amount.  In fact, it makes it many more times that amount, as shown in the other NYAN auction where people paid 0.45 BTC per share.


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 05, 2013, 05:31:17 AM
Sorry icebreaker, I copied a line and forgot to change the amount to 25. But yeah, not being able to edit is a bit annoying. It's not in the current qualifying bids anyway.


Title: Re: 696 ASICMINER shares for auction
Post by: iCEBREAKER on February 05, 2013, 05:34:54 AM
No worries.  Just having some fun, as usual.   :P

Sorry for the double post.  I don't even how that happened.   :-[



Title: Re: 696 ASICMINER shares for auction
Post by: Jutarul on February 05, 2013, 05:50:43 AM
I must have missed something here.  My analysis is:

...

50/40 $/shareholder_share * 1 BTC / $20 --> 0.0625 BTC / shareholder_share

People are bidding 4.3 times this amount.  Why?


Be careful with normalizing against USD values. At the time both ventures started the ratio was more like 1BTC@10USD. Thus an Avalon unit had the equivalent cost of 150 BTC, or about 3000 USD now.

Thus: 50 / 400 BTC / share =  0.125 BTC / share

Also, the cost for the increase in mining operations by the proposed factor 6 is included in the share price. So you're looking at up to 300 MH/s / share, which bumps the equivalent price to about 0.5 - 0.8 BTC / share.

I'd say 0.2 BTC / share is a bargain. 0.3 BTC / share is a good price.

But please do your own price discovery :)


Title: Re: 696 ASICMINER shares for auction
Post by: Jutarul on February 05, 2013, 06:11:55 AM
I must have missed something here.  My analysis is:

...

50/40 $/shareholder_share * 1 BTC / $20 --> 0.0625 BTC / shareholder_share

People are bidding 4.3 times this amount.  Why?


Be careful with normalizing against USD values. At the time both ventures started the ratio was more like 1BTC@10USD. Thus an Avalon unit had the equivalent cost of 130 BTC, or about 2600 USD now.

Thus: 50 / 460 BTC / share =  0.11 BTC / share

Also, the cost for the increase in mining operations by the proposed factor 6 is included in the share price. So you're looking at up to 300 MH/s / share, which bumps the equivalent price to about 0.5 - 0.8 BTC / share.

I'd say 0.2 BTC / share is a bargain. 0.3 BTC / share is a good price.

But please do your own price discovery :)

Interestingly, with the Avalon-2 unit priced at $1500 and the BTC price shooting up to $20, the Avalon-2 unit has an equivalent BTC price of 75 BTC. What we see here is deflation at its finest: When looking at it from the BTC perspective, prices for hashpower decreased significantly. This means an Avalon-1 unit has to "make up" for a 55 BTC LOSS against the Avalon-2 unit.



Title: Re: 696 ASICMINER shares for auction
Post by: Jutarul on February 05, 2013, 06:13:52 AM
looks like editing is disabled.. ignore the draft version.


Title: Re: 696 ASICMINER shares for auction
Post by: Vezunchik on February 05, 2013, 08:51:45 AM
By the way, I also made "some" calculation. They started from estimation ASICMiner share income, and now are moving to fool compaction of BTC mining project where I can invest my money by the moment. Y may look and edit them here:

https://docs.google.com/file/d/0BwWpkjUuvsmcbUY2cWRVQ3hsZE0/edit?usp=sharing (https://docs.google.com/file/d/0BwWpkjUuvsmcbUY2cWRVQ3hsZE0/edit?usp=sharing)
not sure that I can post links. Pleasure don't bun me for this - I'll delete it by the first request.

BTC/USD price there 20.

Conclusion: 0.26 price fore share is the border at which you must think about other alternatives...

...
This is 696/400 000 shares of ASICMINER or 0.174% (200 000 sold for funding, 200 000 kept by company)

Info about these shares:
- 10 to 12 TH total planned in early february to mine for shareholders
- 6x increase planned in a second batch
- Further expansion possible
- Share of profit from sale of units
- Ownership of an ASIC manufacter, long-term potential

...

See the full thread: https://bitcointalk.org/index.php?topic=99497 (https://bitcointalk.org/index.php?topic=99497)


I must have missed something here.  My analysis is:

The Avalon-2 is about (60 GH/s) / $1,500 --> 40 MH/s/$
This offer is (10TH/s) / (200,000 shareholder_shares) --> 50 MH/s/shareholder_share

On the basis of MH/s being equal, and neglecting things that make it not really so:
40 / $ = 50 / shareholder_share --> 50/40 $/shareholder_share

50/40 $/shareholder_share * 1 BTC / $20 --> 0.0625 BTC / shareholder_share

People are bidding 4.3 times this amount.  Why?



Title: Re: 696 ASICMINER shares for auction
Post by: DutchBrat on February 05, 2013, 09:41:38 AM
Seeing as you will get close to 0.20 btc dividend in the 1st 2 months of mining I would say 0.30 btc is way too low a price.... (the first 0.10 btc dividend is calculated on 200.000 shares, after that dividends will be on 400.000 shares).....

Mining bonds have been trading around 6 months breakeven, mining equities are trading around 8 months break even....

Just my opinion....


Title: Re: 696 ASICMINER shares for auction
Post by: Vezunchik on February 05, 2013, 09:55:24 AM
I've corrected this mistake two days ago, after your PM. Can you see
C17=C16/400000 + 0.05
?
6-8 munths - well, I really don't know what will happen when 1-2-3 K ASIC miners will be on-line (definitely part of miners in net power will decreasing, but what else) . So 6 months - enough  high risk for me.
Seeing as you will get close to 0.20 btc dividend in the 1st 2 months of mining I would say 0.30 btc is way too low a price.... (the first 0.10 btc dividend is calculated on 200.000 shares, after that dividends will be on 400.000 shares).....

Mining bonds have been trading around 6 months breakeven, mining equities are trading around 8 months break even....

Just my opinion....


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 05, 2013, 12:00:14 PM
---------CURRENT HIGHEST BIDS-----------Amount----Price/Share--
Blazr250.27
ineededausername 6710.26
---------------------------------------------------------
----OUTBID----
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10

Highest bid remains the same for the last 6 hours.

Please stay on topic, I think there's enough ASIC threads already for discussion.  ;)

Regards.


Title: Re: 696 ASICMINER shares for auction
Post by: Digigami on February 05, 2013, 02:30:05 PM
50 @ 0.27 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: superbit on February 05, 2013, 11:12:52 PM
100 @ 0.27


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 05, 2013, 11:17:15 PM
Unofficial table

---------CURRENT HIGHEST BIDS-----------Amount----Price/Share--
Blazr250.27
Digigami500.27
superbit1000.27
ineededausername 5210.26
---------------------------------------------------------
----OUTBID----
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: SaintFlow on February 06, 2013, 04:31:16 PM
I bid for 100 shares @ 0.27 bitcoin


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 06, 2013, 05:12:51 PM
Unofficial table

---------CURRENT HIGHEST BIDS-----------Amount----Price/Share--
Blazr250.27
Digigami500.27
superbit1000.27
SaintFlow1000.27
ineededausername 4210.26
---------------------------------------------------------
----OUTBID----
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: Vezunchik on February 06, 2013, 06:07:07 PM
232 ASH @ 0.27 BTC

And you may include current end time in your table (like "Tomorrow at 04:31:16 PM OR not later than February 10, 2013, 04:45:15 AM")


Title: Re: 696 ASICMINER shares for auction
Post by: Third Way on February 06, 2013, 07:08:02 PM
696  for .30BTC


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 06, 2013, 07:23:19 PM
Thanks INAU for keepting track.

---------HIGHEST-----------Amount----Price/Share--
Third Way6960.30
---------------------------------------------------------
----OUTBID----
Blazr250.27
Digigami500.27
superbit1000.27
SaintFlow1000.27
ineededausername 4210.26
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 06, 2013, 07:45:12 PM
100 @ .35


Title: Re: 696 ASICMINER shares for auction
Post by: Digigami on February 07, 2013, 12:57:43 AM
50 @ 0.35 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: Blazr on February 07, 2013, 01:06:16 AM
25 @ 0.31BTC


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 07, 2013, 01:14:35 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.31
Third Way5210.30
---------------------------------------------------------
----OUTBID----
Blazr250.27
Digigami500.27
superbit1000.27
SaintFlow1000.27
ineededausername 4210.26
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: Vezunchik on February 07, 2013, 10:15:23 AM
232  @ 0.31 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 07, 2013, 10:23:23 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.31
Vezunchik2320.31
Third Way2890.30
---------------------------------------------------------
----OUTBID----
superbit1000.27
SaintFlow1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10

Prices are getting high, it's only been 3 days. People have that much faith in ASICMINER? I wasn't expecting more than .20-.25


Title: Re: 696 ASICMINER shares for auction
Post by: Vezunchik on February 07, 2013, 10:37:24 AM
For me - highest price was = 0.3. But projects selling Asic-mining devices experiences delays and for me (living not in the USA) shipping quite expensive and very slow. So for me AsicMiner - is a good alternative even with higher price.
For members who lives in USA, prices higher than 0.3-0.32 have no sense.

---------HIGHEST-----------Amount----Price/Share--
...

Prices are getting high, it's only been 3 days. People have that much faith in ASICMINER? I wasn't expecting more than .20-.25


Title: Re: 696 ASICMINER shares for auction
Post by: Evolyn on February 07, 2013, 10:56:38 AM
25 @ 0.31


Title: Re: 696 ASICMINER shares for auction
Post by: gl_daisy on February 07, 2013, 12:12:46 PM
50 @ 0.31 BTC


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 07, 2013, 12:31:54 PM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.31
Vezunchik2320.31
Evolyn250.31
gl_daisy500.31
Third Way2140.30
---------------------------------------------------------
----OUTBID----
superbit1000.27
SaintFlow1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 07, 2013, 01:14:59 PM
100 @ .31


Title: Re: 696 ASICMINER shares for auction
Post by: SaintFlow on February 07, 2013, 03:50:58 PM
100 @ .31


Title: Re: 696 ASICMINER shares for auction
Post by: kibblesnbits on February 07, 2013, 03:58:39 PM
This might bump up the price of ASICMINER shares....

https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110 (https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110)


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 07, 2013, 04:52:39 PM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.31
Vezunchik2320.31
Evolyn250.31
gl_daisy500.31
BLFC Jordan1000.31
SaintFlow1000.31
Third Way140.30
---------------------------------------------------------
----OUTBID----
superbit1000.27
SaintFlow1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: Vezunchik on February 07, 2013, 07:21:51 PM
And why? It is not working at the moment, and will not be ready "tomorrow" too. What about impressive pictures - other projects regularly shows theirs - no difference...

This might bump up the price of ASICMINER shares....

https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110 (https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110)


Title: Re: 696 ASICMINER shares for auction
Post by: kibblesnbits on February 07, 2013, 07:55:22 PM
And why? It is not working at the moment, and will not be ready "tomorrow" too. What about impressive pictures - other projects regularly shows theirs - no difference...

This might bump up the price of ASICMINER shares....

https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110 (https://bitcointalk.org/index.php?topic=99497.msg1510110#msg1510110)

It's all speculation.  Just like people speculate on the price of soybeans this August or the price of oil come springtime.  The pictures and updates may create positive speculation, causing an increase in the share price.

That's why.


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 07, 2013, 09:02:15 PM
696 @ 0.32


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 07, 2013, 09:03:57 PM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
DiabloD35460.32
---------------------------------------------------------
----OUTBID----
Blazr250.31
Vezunchik2320.31
Evolyn250.31
gl_daisy500.31
BLFC Jordan1000.31
SaintFlow1000.31
Third Way140.30
superbit1000.27
SaintFlow1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: Evolyn on February 08, 2013, 12:55:29 AM
25 @ 0.33


Title: Re: 696 ASICMINER shares for auction
Post by: Blazr on February 08, 2013, 12:56:17 AM
25 @ 0.33


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 08, 2013, 01:00:01 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.31
Evolyn250.31
DiabloD34960.32
---------------------------------------------------------
----OUTBID----
Vezunchik2320.31
gl_daisy500.31
BLFC Jordan1000.31
SaintFlow1000.31
Third Way140.30
superbit1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 08, 2013, 01:18:31 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Blazr250.33
Evolyn250.33
DiabloD34960.32
---------------------------------------------------------
----OUTBID----
Vezunchik2320.31
gl_daisy500.31
BLFC Jordan1000.31
SaintFlow1000.31
Third Way140.30
superbit1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: SaintFlow on February 08, 2013, 04:59:15 AM
100 @ .33


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 08, 2013, 05:16:28 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
Evolyn250.33
Blazr250.33
SaintFlow1000.33
DiabloD33960.32
---------------------------------------------------------
----OUTBID----
Vezunchik2320.31
gl_daisy500.31
BLFC Jordan1000.31
Third Way140.30
superbit1000.27
iCEBREAKER250.26
BLFC Jordan6710.25
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 08, 2013, 07:16:35 AM
696 * 0.34


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 08, 2013, 07:30:01 AM
---------HIGHEST-----------Amount----Price/Share--
ineededausername1000.35
Digigami500.35
DiabloD35460.34
---------------------------------------------------------
----OUTBID----
Evolyn250.33
Blazr250.33
SaintFlow1000.33
Vezunchik2320.31
gl_daisy500.31
BLFC Jordan1000.31
Third Way140.30
superbit1000.27
iCEBREAKER250.26
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: Evolyn on February 08, 2013, 08:06:21 AM
25 @ 0.35


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 08, 2013, 08:53:11 AM
696 @ 0.355


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 08, 2013, 08:59:17 AM
696 @ 0.355

Feh, minimum increment.

696 @ 0.36


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 08, 2013, 08:59:53 AM
---------HIGHEST-----------Amount----Price/Share--
DiabloD36960.36
---------------------------------------------------------
----OUTBID----
ineededausername1000.35
Digigami500.35
Evolyn250.33
Blazr250.33
SaintFlow1000.33
Vezunchik2320.31
gl_daisy500.31
BLFC Jordan1000.31
Third Way140.30
superbit1000.27
iCEBREAKER250.26
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 08, 2013, 11:55:43 AM
100 @ 0.37


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 08, 2013, 12:22:57 PM
647 * 0.38


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 08, 2013, 12:42:19 PM
100 @ 0.4


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 08, 2013, 01:07:04 PM
---------HIGHEST-----------Amount----Price/Share--
BLFC Jordan1000.40
DiabloD35960.38
---------------------------------------------------------
----OUTBID----
ineededausername1000.35
Digigami500.35
Evolyn250.33
Blazr250.33
SaintFlow1000.33
Vezunchik2320.31
gl_daisy500.31
Third Way140.30
superbit1000.27
iCEBREAKER250.26
HorseRider6960.185
dadj6960.15
arij500.11
mb300sd6960.10


Title: Re: 696 ASICMINER shares for auction
Post by: superbit on February 08, 2013, 04:20:35 PM
25 @ 0.40


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 08, 2013, 06:38:06 PM
ID   Username   Shares   Price
---ACTIVE BIDS---
34   BLFC Jordan   100   0.4
35   superbit   25   0.4
33   DiabloD3   571   0.38
---OUTBID---
33   DiabloD3   76   0.38
32   BLFC Jordan   100   0.37
31   DiabloD3   696   0.36
17   ineededausername   100   0.35
18   Digigami   50   0.35
30   Evolyn   25   0.35
29   DiabloD3   696   0.34
26   Evolyn   25   0.33
27   Blazr   25   0.33
28   SaintFlow   100   0.33
25   DiabloD3   696   0.32
19   Blazr   25   0.31
20   Vezunchik   232   0.31
21   Evolyn   25   0.31
22   gl_daisy   50   0.31
23   BLFC Jordan   100   0.31
24   SaintFlow   100   0.31
16   Third Way   696   0.3
12   Blazr   25   0.27
13   Digigami   50   0.27
14   superbit   100   0.27
15   Vezunchik   232   0.27
10   iCEBREAKER   25   0.26
11   ineededausername   671   0.26
8   BLFC Jordan   25   0.25
9   BLFC Jordan   696   0.25
7   iCEBREAKER   25   0.21
6   BLFC Jordan   696   0.2
5   HorseRider   696   0.185
4   BLFC Jordan   696   0.175
3   dadj   696   0.15
2   arij   50   0.11
1   mb300sd   696   0.1


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 08, 2013, 07:25:04 PM
600 * 0.41


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 08, 2013, 07:26:38 PM
ID   Username   Shares   Price
---ACTIVE BIDS---
36   DiabloD3   600   0.41
34   BLFC Jordan   96   0.4
---OUTBID---
34   BLFC Jordan   4   0.4
35   superbit   25   0.4
33   DiabloD3   647   0.38
32   BLFC Jordan   100   0.37
31   DiabloD3   696   0.36
17   ineededausername   100   0.35
18   Digigami   50   0.35
30   Evolyn   25   0.35
29   DiabloD3   696   0.34
26   Evolyn   25   0.33
27   Blazr   25   0.33
28   SaintFlow   100   0.33
25   DiabloD3   696   0.32
19   Blazr   25   0.31
20   Vezunchik   232   0.31
21   Evolyn   25   0.31
22   gl_daisy   50   0.31
23   BLFC Jordan   100   0.31
24   SaintFlow   100   0.31
16   Third Way   696   0.3
12   Blazr   25   0.27
13   Digigami   50   0.27
14   superbit   100   0.27
15   Vezunchik   232   0.27
10   iCEBREAKER   25   0.26
11   ineededausername   671   0.26
8   BLFC Jordan   25   0.25
9   BLFC Jordan   696   0.25
7   iCEBREAKER   25   0.21
6   BLFC Jordan   696   0.2
5   HorseRider   696   0.185
4   BLFC Jordan   696   0.175
3   dadj   696   0.15
2   arij   50   0.11
1   mb300sd   696   0.1


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 08, 2013, 08:32:09 PM
50 @ .42, 50 @ .43


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 08, 2013, 08:38:10 PM
ID   Username   Shares   Price
---ACTIVE BIDS---
37   ineededausername   50   .43
37   ineededausername   50   .42
36   DiabloD3   596   0.41
---OUTBID---
36   DiabloD3   4   0.41
34   BLFC Jordan   100   0.4
35   superbit   25   0.4
33   DiabloD3   647   0.38
32   BLFC Jordan   100   0.37
31   DiabloD3   696   0.36
17   ineededausername   100   0.35
18   Digigami   50   0.35
30   Evolyn   25   0.35
29   DiabloD3   696   0.34
26   Evolyn   25   0.33
27   Blazr   25   0.33
28   SaintFlow   100   0.33
25   DiabloD3   696   0.32
19   Blazr   25   0.31
20   Vezunchik   232   0.31
21   Evolyn   25   0.31
22   gl_daisy   50   0.31
23   BLFC Jordan   100   0.31
24   SaintFlow   100   0.31
16   Third Way   696   0.3
12   Blazr   25   0.27
13   Digigami   50   0.27
14   superbit   100   0.27
15   Vezunchik   232   0.27
10   iCEBREAKER   25   0.26
11   ineededausername   671   0.26
8   BLFC Jordan   25   0.25
9   BLFC Jordan   696   0.25
7   iCEBREAKER   25   0.21
6   BLFC Jordan   696   0.2
5   HorseRider   696   0.185
4   BLFC Jordan   696   0.175
3   dadj   696   0.15
2   arij   50   0.11
1   mb300sd   696   0.1



Title: Re: 696 ASICMINER shares for auction
Post by: Evolyn on February 08, 2013, 11:26:36 PM
25 @ 0.42


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 08, 2013, 11:41:57 PM
ID   Username   Shares   Price
---ACTIVE BIDS---
38   ineededausername   50   0.43
37   ineededausername   50   0.42
39   Evolyn   25   0.42
36   DiabloD3   571   0.41
---OUTBID---
36   DiabloD3   29   0.41
34   BLFC Jordan   100   0.4
35   superbit   25   0.4
33   DiabloD3   647   0.38
32   BLFC Jordan   100   0.37
31   DiabloD3   696   0.36
17   ineededausername   100   0.35
18   Digigami   50   0.35
30   Evolyn   25   0.35
29   DiabloD3   696   0.34
26   Evolyn   25   0.33
27   Blazr   25   0.33
28   SaintFlow   100   0.33
25   DiabloD3   696   0.32
19   Blazr   25   0.31
20   Vezunchik   232   0.31
21   Evolyn   25   0.31
22   gl_daisy   50   0.31
23   BLFC Jordan   100   0.31
24   SaintFlow   100   0.31
16   Third Way   696   0.3
12   Blazr   25   0.27
13   Digigami   50   0.27
14   superbit   100   0.27
15   Vezunchik   232   0.27
10   iCEBREAKER   25   0.26
11   ineededausername   671   0.26
8   BLFC Jordan   25   0.25
9   BLFC Jordan   696   0.25
7   iCEBREAKER   25   0.21
6   BLFC Jordan   696   0.2
5   HorseRider   696   0.185
4   BLFC Jordan   696   0.175
3   dadj   696   0.15
2   arij   50   0.11
1   mb300sd   696   0.1


Title: Re: 696 ASICMINER shares for auction
Post by: yochdog on February 09, 2013, 03:15:01 AM
$6,500 for 21 GH/s

un be leivable. 


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 09, 2013, 03:37:49 AM
$6,500 for 21 GH/s

un be leivable. 
Remember it's not a fixed hashing bond. That's the estimation for the 800 boards being deployed now.
+ 6x more planned afterward.
+ profits from sale of board
+ future extra boards deployed
+ future ASICs manufactured/boards deployed/boards sold

It's a share of the manufacturer. BFL's rig that's still delayed is 30k for 1.5 TH or  0.05 Ghash per $. You'd buy 325 GH/s for 6500 USD, fixed, until the rig breaks. Plus it's not going to be the first ASICs mining, if they ship at all.


Title: Re: 696 ASICMINER shares for auction
Post by: iCEBREAKER on February 09, 2013, 03:47:22 AM
$6,500 for 21 GH/s

un be leivable. 

It's human nature:

Social Neuroeconomics Over bidding
http://www.otherlobe.com/2012/01/social-neuroeconomics-%E2%80%93-over-bidding/

Understanding Overbidding: Using the Neural Circuitry of Reward to Design Economic Auctions
http://www.sciencemag.org/content/321/5897/1849.abstract


Title: Re: 696 ASICMINER shares for auction
Post by: watertech666 on February 09, 2013, 07:11:28 AM
200 @0.42btc


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 09, 2013, 08:14:40 AM
ID   Username   Shares   Price
---ACTIVE BIDS---
38   ineededausername   50   0.43
37   ineededausername   50   0.42
39   Evolyn   25   0.42
40   watertech666   200   0.42
36   DiabloD3   371   0.41
---OUTBID---
36   DiabloD3   29   0.41
34   BLFC Jordan   100   0.4
35   superbit   25   0.4
33   DiabloD3   647   0.38
32   BLFC Jordan   100   0.37
31   DiabloD3   696   0.36
17   ineededausername   100   0.35
18   Digigami   50   0.35
30   Evolyn   25   0.35
29   DiabloD3   696   0.34
26   Evolyn   25   0.33
27   Blazr   25   0.33
28   SaintFlow   100   0.33
25   DiabloD3   696   0.32
19   Blazr   25   0.31
20   Vezunchik   232   0.31
21   Evolyn   25   0.31
22   gl_daisy   50   0.31
23   BLFC Jordan   100   0.31
24   SaintFlow   100   0.31
16   Third Way   696   0.3
12   Blazr   25   0.27
13   Digigami   50   0.27
14   superbit   100   0.27
15   Vezunchik   232   0.27
10   iCEBREAKER   25   0.26
11   ineededausername   671   0.26
8   BLFC Jordan   25   0.25
9   BLFC Jordan   696   0.25
7   iCEBREAKER   25   0.21
6   BLFC Jordan   696   0.2
5   HorseRider   696   0.185
4   BLFC Jordan   696   0.175
3   dadj   696   0.15
2   arij   50   0.11
1   mb300sd   696   0.1


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 09, 2013, 08:42:16 AM
As far as I'm happy that this thread is very active, one might want to bid on some other threads. I see 2 other sellers demanding a minimum of 0.3 which was actually my minimum price I had as reserve. You might want to get those others reaching .40 in bids before bidding here again.

Reserve was met, shares are guaranteed to be awarded.


Title: Re: 696 ASICMINER shares for auction
Post by: meowmeowbrowncow on February 10, 2013, 12:36:03 AM
$6,500 for 21 GH/s

un be leivable. 



It's insanity.  Once Avalon batch 1 capacity is added the ROI on the .1, which is paid first 1/200000, is about 16 days.


After that, and once BFL has clobbered the network, and the dividend is back to 1/400000, the ROI on the remaining .2 is 277 days.



Bidding .5?  Ooooookkkk.....


Title: Re: 696 ASICMINER shares for auction
Post by: kibblesnbits on February 10, 2013, 12:56:17 AM
$6,500 for 21 GH/s

un be leivable. 



It's insanity.  Once Avalon batch 1 capacity is added the ROI on the .1, which is paid first 1/200000, is about 16 days.


After that, and once BFL has clobbered the network, and the dividend is back to 1/400000, the ROI on the remaining .2 is 277 days.



Bidding .5?  Ooooookkkk.....

....if BFL has clobbered the network....


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 10, 2013, 10:04:53 AM
$6,500 for 21 GH/s

un be leivable. 



It's insanity.  Once Avalon batch 1 capacity is added the ROI on the .1, which is paid first 1/200000, is about 16 days.


After that, and once BFL has clobbered the network, and the dividend is back to 1/400000, the ROI on the remaining .2 is 277 days.



Bidding .5?  Ooooookkkk.....

....if BFL has clobbered the network....

As much as I want to see BFL actually ship ASICs, I just don't see that happening.


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 10, 2013, 09:47:11 PM
Only 7 hours lefts lest someone further bids.

---ACTIVE BIDS---
38   ineededausername   50   0.43
37   ineededausername   50   0.42
39   Evolyn   25   0.42
40   watertech666   200   0.42
36   DiabloD3   371   0.41
---OUTBID---
36   DiabloD3   29   0.41
34   BLFC Jordan   100   0.4
35   superbit   25   0.4
33   DiabloD3   647   0.38
32   BLFC Jordan   100   0.37
31   DiabloD3   696   0.36
17   ineededausername   100   0.35
18   Digigami   50   0.35
30   Evolyn   25   0.35
29   DiabloD3   696   0.34
26   Evolyn   25   0.33
27   Blazr   25   0.33
28   SaintFlow   100   0.33
25   DiabloD3   696   0.32
19   Blazr   25   0.31
20   Vezunchik   232   0.31
21   Evolyn   25   0.31
22   gl_daisy   50   0.31
23   BLFC Jordan   100   0.31
24   SaintFlow   100   0.31
16   Third Way   696   0.3
12   Blazr   25   0.27
13   Digigami   50   0.27
14   superbit   100   0.27
15   Vezunchik   232   0.27
10   iCEBREAKER   25   0.26
11   ineededausername   671   0.26
8   BLFC Jordan   25   0.25
9   BLFC Jordan   696   0.25
7   iCEBREAKER   25   0.21
6   BLFC Jordan   696   0.2
5   HorseRider   696   0.185
4   BLFC Jordan   696   0.175
3   dadj   696   0.15
2   arij   50   0.11
1   mb300sd   696   0.1


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 11, 2013, 05:38:45 AM
100 @ .42


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 11, 2013, 05:55:31 AM
100 @ .42

Hello,

I would like to put up for auction ...

Sorry, you are about 1 hour after 7 days and it's been more than 24 hours since last bid.

Winners are:
ineededausername   50   0.43
ineededausername   50   0.42
Evolyn   25   0.42
watertech666   200   0.42
DiabloD3   371   0.41


Title: Re: 696 ASICMINER shares for auction
Post by: BlackLilac Jordan on February 11, 2013, 06:00:14 AM
congrats to the victors.


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 11, 2013, 06:21:10 AM
A signed authorization from myself.

Address: 18CoGAeLJzwG3iLkBj1vARYDWW7eC7qUQ1
Quote from: message
I, owner of 696 ASICMINER shares assigned to address 18CoGAeLJzwG3iLkBj1vARYDWW7eC7qUQ1, agree to release to these forum usernames my ASICMINER shares in the amount shown upon succesful funding of their respective payment address.

ineededausername: 42.5 BTC to 1BQvoWzSJTWKn6BFVCKp5wtBSqgMqfZSZ2 for 100 ASICMINER shares
Evolyn: 10.5 BTC to 13TgVgy3qHaUg9VvNUHGEqEqy48GwHMGVn for 25 ASICMINER shares
watertech666: 84 BTC to 1A6QtHEMLKNLuTi5hpLdnt6zU5aBCQ9YQQ for 200 ASICMINER shares
DiabloD3: 152.11 BTC to 19BZGgKtY5wK2oaBwkUwDckeWxk6Y3AXK1 for 371 ASICMINER shares
Quote from: signature
GzlztwX5Kks0WrxaWPu4mEoibyRHnF93QpJyQwaP4Dy3MyAvEuj/4TQoQeOX6WtsWkGNH5U/bCE5unD2ObEsiRM=


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 11, 2013, 08:53:02 AM
A signed authorization from myself.

Address: 18CoGAeLJzwG3iLkBj1vARYDWW7eC7qUQ1
Quote from: message
I, owner of 696 ASICMINER shares assigned to address 18CoGAeLJzwG3iLkBj1vARYDWW7eC7qUQ1, agree to release to these forum usernames my ASICMINER shares in the amount shown upon succesful funding of their respective payment address.

ineededausername: 42.5 BTC to 1BQvoWzSJTWKn6BFVCKp5wtBSqgMqfZSZ2 for 100 ASICMINER shares
Evolyn: 10.5 BTC to 13TgVgy3qHaUg9VvNUHGEqEqy48GwHMGVn for 25 ASICMINER shares
watertech666: 84 BTC to 1A6QtHEMLKNLuTi5hpLdnt6zU5aBCQ9YQQ for 200 ASICMINER shares
DiabloD3: 152.11 BTC to 19BZGgKtY5wK2oaBwkUwDckeWxk6Y3AXK1 for 371 ASICMINER shares
Quote from: signature
GzlztwX5Kks0WrxaWPu4mEoibyRHnF93QpJyQwaP4Dy3MyAvEuj/4TQoQeOX6WtsWkGNH5U/bCE5unD2ObEsiRM=

Quoted for preservation.


Title: Re: 696 ASICMINER shares for auction
Post by: ineededausername on February 11, 2013, 01:39:07 PM
paid


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 15, 2013, 09:56:11 AM
watertech666 still has to pay for his shares...


Title: Re: 696 ASICMINER shares for auction
Post by: DiabloD3 on February 15, 2013, 05:41:03 PM
If he doesn't pay, put them back up for auction in a new thread, I'll bid on them if I have any money left.


Title: Re: 696 ASICMINER shares for auction
Post by: superbit on February 15, 2013, 06:36:31 PM
I'll match watertech's winning bid and pay if that's an option.


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 16, 2013, 03:30:07 AM
I'll match watertech's winning bid and pay if that's an option.

Many proposed. I'll probably put these back for auction if he doesn't pay within a week.


Title: Re: 696 ASICMINER shares for auction
Post by: El Cabron on February 17, 2013, 04:52:58 AM
As far as I'm happy that this thread is very active, one might want to bid on some other threads. I see 2 other sellers demanding a minimum of 0.3 which was actually my minimum price I had as reserve. You might want to get those others reaching .40 in bids before bidding here again.

Reserve was met, shares are guaranteed to be awarded.

Since this auction is over if anyone is still interested in buying ASICMiner shares you can get a few here. https://bitcointalk.org/index.php?topic=144574.0

Thanks.


Title: Re: 696 ASICMINER shares for auction
Post by: HorseRider on February 17, 2013, 07:06:15 AM
Hi anyone has checked the signature? I am not questioning the trustworthy of Namworld. Maybe I made some mistake so that I could not verify the signature:

http://i.imgur.com/vdo2QdK.png


Title: Re: 696 ASICMINER shares for auction
Post by: HorseRider on February 17, 2013, 07:25:51 AM
Solved, Namworld told me that "different clients seems to be using a different algorithm or something for signatures. Put the info in bitcoin-Qt verifying tool and should return "verified"

I checked and confirmed it.


Title: Re: 696 ASICMINER shares for auction
Post by: Namworld on February 17, 2013, 07:49:45 AM
Aye, I don't know what they each do exactly, but they're usually not cross compatible for signatures.


Title: Re: 696 ASICMINER shares for auction
Post by: watertech666 on February 17, 2013, 08:28:39 AM
paid


Title: Re: 696 ASICMINER shares for auction
Post by: friedcat on February 24, 2013, 08:43:23 PM
Transfer processed.