Regarding dividends: I am unable to login to weex. It just redirects back to the home page. The password is correct. I've contacted Ukyo.
I will be paying dividends as soon as I can.
Here's my thoughts on reinvestment opportunities:
Mining PMBs: For the right price, they can be profitable. However, at the current prices of PMBs, the only reason why we'd want to buy them is if we think the network difficulty's growth will substantially decease. As we are already hashing with hardware, we'd already get significant benefits from the network difficulty decreasing, buying PMBs to increase our losses in case of large diff increases isn't a wise idea.
DMS.SELLING: This is the reverse of a PMB - a SELLING share is backing a MINING (PMB) share, with the SELLING holder believing the network difficulty will increase more and that MINING is not profitable. Dividends to DMS.SELLING will be paid once there are more than enough coins to pay for 400 days of MINING's dividends at the current difficulty. DMS.SELLING can be interesting if we want to hedge against difficulty increases.
ASICMINER hardware: When ASICMINER sells hardware, they only sell what they have on hand (with the exception of some resellers doing preorders and getting yelled at by friedcat). Unfortunately, the price for the hardware isn't profitable based on expected difficulty increases
BFL: BFL will take an insane amount of time to ship. Buying BFL is silly.
Avalon: Avalon is not selling anything at the moment I believe. They've mentioned they won't do preorders anymore.
There are more ASIC manufacturers than ASICMINER, BFL, and Avalon. Some of the manufacturers probably will turn out to be another bASIC. The delivery dates quoted by manufacturers are always optimistic.
https://www.hashfast.com/baby-jet/https://www.kncminer.com/http://www.bitfurystrikesback.com/shop/I should note that if we don't have enough coins in the reinvestment fund to purchase a unit, we can issue more shares / another fund or we can simply participate in group buys and purchase shares of hardware.
Other mining companies/projects that we can buy shares of: ASICMINER, ActiveMining, IceDrill, LABCOIN, BTCGARDEN, etc. ASICMINER would have been a good buy @ 3.5, and IceDrill's IPO might not even sell out and it doesn't seem like a smart investment.
Show Posts
