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41  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 28, 2013, 03:29:49 PM
Time's up!

Max 24h average estimate: 68.642284407 TH/s

You did have me worried a bit when I woke up today and saw the spike though!

EDIT: The 1 BTC can be sent to the following address: 1PYqHTtGtr4HL44XRcvegxjZ2AJYRsd5Rp

Thank you for participating Grin

Cry
Congratulations
https://blockchain.info/tx/e45bdc18b97eba5f94e0cbe5f44a5009f50fd688b8c62d734856942106c0e677

Give the man a rating, runeks. Men who honor their bet losses should be praised, we've seen too many runners/scammers lately.

I agree, he should get a rating for sure
42  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 07, 2013, 05:36:07 PM
Very happy with this weeks dividend
43  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 07, 2013, 03:58:45 PM
Where did that figure come from?

It has just been subtracted from the mining wallet. Wink

your always on top of this SmiGuel, I appreciate it alot.
44  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: August 05, 2013, 02:16:37 PM
the dividend is setting up to be good this week:  http://www.asicminercharts.com/live/

.02 so far.

1/3 of that is because of the hardware sales. Tongue

(Est. 0.014 on mining + 0.007 on HW sales until now.)

Average hashrate is indeed pretty nice at the moment. Tongue






Hashing is looking excellent
45  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 31, 2013, 07:27:04 PM
Seems ridiculous that ASICMiner is tanking. The dividend is still roughly what's been predicted and it's still a great return for the share price.

I think now is the time to buy up things for cheap. People aren't selling because they've lost faith in everything else. They are selling because they are desperate for coins to invest in new things. The price should rebound as more money flows into the market.


People are scared about the hashrate being only 6%. This is a transition period in the hardware deployment cycle. This company has a ton of hardware to sell in coming months.

Saying that ASICMINER is mining @ 6% is just wrong. The actual hashrate is higher but blockchain.info doesn't count the untagged blocks. Wink

Check my previous post for more info about that. Smiley

Exactly.
46  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 24, 2013, 07:05:56 PM
Nice steady dividends last few weeks.

And the report from Friedcat + The rumors (which seem to be close to true given the Chinese stores updating their prices) point to a healthy growth in the share price. It has been hovering over the 4.7 mark for days now. Buy your shares now before the price goes up!

must say I agree.
47  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 17, 2013, 03:43:06 PM
Very solid dividend payment this week!!

Great call on the prediction SmiGueL
48  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 17, 2013, 03:28:38 PM
Hope your right SmiGueL

Prediction:

0.02536694BTC/share


*lol, I removed the post because I thought I was wrong, but rechecked and it was right Tongue


With a sale income like this the /divprediction page is pretty useless.. Grin
49  Economy / Securities / Re: [BitFunder] G.ASICMINER-PT on: July 03, 2013, 05:53:47 PM
Thank you for running this thing as well DeadTerra, much appreciated.
50  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 03, 2013, 05:47:57 PM
Very solid dividend. Keep up the excellent work ASICminer
51  Economy / Securities / Re: Why are people buying asic mining shares? are they insane? on: June 14, 2013, 03:45:21 PM
I never got an answer. Just some first grade math here:

1) 2.5 BTC per share -> 0.036 weekly dividend = 0.145 btc a month = 17 month breakeven
2) 50 BTC (20 shares) = 3 btc a month
3) 50 BTC buys you a 13 GH asic card = 12 BTC a month  (factor in whatever difficulty increase it is still significantly better income, and keep in mind the mining shares dividend are also impacted by the difficulty increase).

So i really dont understand why anyone will buy asic shares? what is the point? the return on those are terrible, on top of absolutely insane counterparty risk dependent on some guy who is running a black box that tells you what dividend he will pay. 

Why would you not just have a physical card you own with no dependency on third party and make significantly more btc as income?  Yet so many smart people are buying those shares...there must be something i am missing?

waiting to be enlightened...

Your looking at this completely wrong.  Your comparing apples and oranges.  When you buy shares of a company on the stock market, I dont know anyone that asks how long until the dividends completely repay the investment 100%.  The shares alone hold the value.

You are not considering the capital appreciation if the share prices rises, which it most likely will.  At any time you can sell back the shares and get the initial investment (and more) back so you dont have to sweat "breaking even"

For a piece of hardware however you do look at it that way... You want to know how long until you repay the initial investment because you are not able to sell the hardware down the line at the price you paid for it.  13 gh a month does not get 12 BTC either.  The way that hashing is increasing, you will be lucky to break even in a year.  

52  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 13, 2013, 07:34:17 PM
Quote
Friedcat,

A team of us shareholders has taken the time to collect and simplify the most popular questions people have for you and ASICMINER. I am sending these questions to you at Jutarul's suggestion, and on behalf of all ASICMINER shareholders that took our poll.

I am only going to send 3 questions to you, in order to keep things simple, and to hopefully maintain this line of communication in the future. We understand that you might not be able to fully answer some things due to competition, but any amount of info will be plenty for us!

If you can take the time to answer, feel free to post your answers in your main ASICMINER thread, or respond to me directly and I will copy your answers verbatim.

Thank you so much for your consideration, here are the questions:

1. Can you tell us more about the next generation of ASIC chips? When should we expect them, and what specs might they achieve?

2. Does ASICMINER/Bitfountain have any legal risks by doing business in China? Are cryptocurrencies or mining of virtual currencies allowed there?

3. What contingency plan do you have in place if Friedcat or other important employees become seriously ill or otherwise unavailable as a resource to ASICMINER?


OFFICIAL RESPONSE FROM FRIEDCAT

Hi ThickAsThieves,

1. They will arrive at October as their earliest. The specs are unknown (only simulation results at this moment), but surely they will be much better than all available similar products in the market now.

2. Cryptocurrencies or mining of virtual currencies are OK. Exchanging them for fiat is less OK but the legal risk is mostly on the exchange operators' side. However as everyone knows, the policy in China is never predictable so there is indeed risks in the future. We have been considering and coping with this uncertainty from the day our chips passed the test and are on the start of building offshore company structures.

3. The access to company wallet is backed up and we back up shareholder information frequently. Also the division of work in Bitfountain is not yet so refined that there are no replaceable positions. We have already left our startup stage so it's become more organized, therefore backup employees are becoming more important and in our range of plan.

Best regards,

friedcat

Awesome job at organizing this TAT, and excellent news from Friedcat!
53  Economy / Securities / Re: [BitFunder] G.ASICMINER-PT on: June 13, 2013, 07:06:39 PM
Thanks for the Dividends DeaDTerra!
54  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 12, 2013, 02:01:38 PM
Amazing dividend predictions by all... I am stoked at this weeks amount!
55  Economy / Gambling / Re: BTC/LTC chaingames list on: June 12, 2013, 01:39:53 PM
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We have made numerous changes including,

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56  Economy / Gambling / Re: This is the magnificent bitcoin gem on: June 12, 2013, 01:37:22 PM
Hi,

Seems to be broken for a while now?
Just get the spinning arrows and unable to purchase...

Testing shows this captcha is working for everyone else, perhaps its a problem with your browser. Feel free to contact our customer support directly at bitcoingem@gmail.com

Thanks for playing!
57  Economy / Gambling / Re: BTC/LTC chaingames list on: June 11, 2013, 03:14:50 PM
The new captcha at bitcoingem.com is working smoothly, and we have recieved great positive feedback from our players!
58  Economy / Economics / Re: Liberty Bit in Canada is gone... on: June 10, 2013, 02:42:33 PM
Got this email last night as well.  What a shame..
59  Economy / Gambling / Re: This is the magnificent bitcoin gem on: June 10, 2013, 05:36:12 AM
A new captcha has been added to our site to allow all to play without fear of bots.
60  Economy / Micro Earnings / Re: FREE BITCOIN Sites *and* Free Newbie Lotto on: June 10, 2013, 05:16:33 AM
We have a fun and easy game, that is the most popular of its type.  In the early stages of our game, our gem is bought so quick it is free money.
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