Here is a question about MPP v2: A November Baby Jet costs $ 2760 without MPP and $ 4560 with MPP. This means the MPP costs $ 1800. If the Bitcoin network hashrate increases so that your Baby Jet doesn’t generate more Bitcoins in ninety days than you paid for it, HashFast will give you additional ASICs. What amount is covered by the MPP? $ 2760 for the BJ or $ 4560 for the BJ + MPP?
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I don't think the report was that bad. With all the competition we knew they would lose a lot of market share.
I still think out of any fund/stock to own AM is still the best.
The lack of an status update is more an issue, I guess.
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I also hoped for an actual update and the immersion cooling video. But given the fact that an earlier update stated that funds for a 40 nm mask are collected and NRE costs of $ 210,119.50 were shown, I call this good news. - Gen 2 seems to be already in progress.
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Hahaha lophie..
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KnCMiningOp 26xx 23 June 1 0 0 USA None 17 October KnCMiningOp 36xx 12 July 1 0 0 USA None 21 October KnCMiningOp 49xx 1 August 1 0 0 USA None 24 October
Paid August 1st -> delivered on 24th Oct, Friday. See the pattern with stable hashing power deployed? Remember IPO day(31th July)? And the hurry associated in collecting the funds? There were technical problems with btct.co, but instead delaying the ipo they were insisting on collecting the money right away. KNC queue was based on payment day. And in addition TheSwede was somehow keen on kncminers, see him organizing group buy of them. Maybe somebody can track IPO money hitting knc wallets? 1. The KnCMiner shipping list is maintained by users. 2. KnCMiningOp's profile shows that those miners are hashing somewhere else: http://54.243.221.120/
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According to my calculations (@30%apr) asicminer should be hashing at around 250 th/s to be valued at 1btc/share (currently at 50th/s). And for that to be true we would need to expect constant hash rate growth along with the difficulty increase which doesn't seem to be happening.
The 30 % rule seems to provide a good approximation, but "currently at 50th/s" is probably too low. erpao.info shows only 47 TH/s, but that's just the air cooling data center, I think. This was posted on Oct 9: Self-retained (not sold) Hashrate distribution:
Air cooling datacenter - 47TH/s Under franchising - 19TH/s Immersion cooling - 5TH/s with 3-5TH/s per day towards 60TH/s in total.
If this is accurate, AM should have a combined hashrate of 126 TH/s or 122,2 TH/s, if franchising is factored with 0.8. But even this is not really accurate, because it doesn't include hardware sales, which seems to be a significant factor. I hope the report tomorrow brings some transparency..
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I thought the chinese lady said nothing new, only confirmed what was already on the table?
That's true. AM1 on Havelock touched 1 BTC by the way.
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All I see is 1.2 TH in the last 5 minutes on ghash.io and not 10TH.
Refresh.
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The problem is that this market is so illiquid and driven by amateurs (no dis-respect intended) that small positive or negative statements or short-term swings in divs massively effect the price. In no other market would a one month change in income cause a $400m company (5BTC/share at current prices) to lose 85% of it's value.
A good rule of thumb is probably share price = dividend * 52 / p, whereby p is somewhere between 0.2 and 0.4. There are limitations though, especially when funds are held back, but looking at the historical prices, it's a rough approximation. The fact is that the financial report may only cover what assets they have. If they have 10,000 bitcoins or 50,000 bitcoins as holdings those equate to only 0.025 BTC/share or 0.125 BTC/share. It's correct that 10k BTC equals 0.025 BTC/share, but I don't think you can't conclude that this justifies only a shareprice of 0.025 BTC, because the implied value is much, much higher.
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KnCMiners arrived yesterdayThe KNCMiners arrived yesterday and team Ciphermine is now hashing with approx. 4.6 TH/s. Potential fluctuations on BTC Guild are probably due to power issues. According to analbeard some of the BitFuries are moved tomorrow, so expect our hashrate to drop for a couple of hours from around 1500-1600 GMT. Exchange situationAccording to Kate there is some progress related to the exchange situation: We are in the late stages of creating a new exchange in partnership with a few other major issuers. Neo also announced that they started investigations into launching their own regulated securities exchange: We have spent time investigating the legal requirements and viability of establishing our own regulated securities exchange (CySEC), we have decided that this is something that we will now pursue further down the line once Neo & Bee has achieved sustainable growth as this is our highest priority. This is a viable business that can be open to US investors once certain barriers have been removed (JOBS act), certain barriers would still exist for US based investors but we would address them closer to the time. Interesting times ahead.
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The honorable creativex from BASIC-MINING disappeared after the shutdown notice, but his miners (which are probably in another locaction) are still mining.
Is there any chance, that something similar happened to him as to you and there is a valid (and probably not very nice) reason behind this, burnside? He's from the US, too.
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Why Friedcat chose to build the new data center in Hong Kong, rather in Shenzhen, is interesting. It's more expensive but safer there. I believe soon we can see the video about how the new datacenter looks like.
This is why, I think.. Custom Cooling Systems We have been finalizing on our HK datacenter with our professional partner on immersion cooling. This product will be of interest both miners, and other industries that require cooling of similar hardware. Our cooling system partner built it as an exhibition house where everything is clean and shiny for investors/buyers to visit and for ASICMINER to make videos as a demonstration.
Upcoming scheduled to be happening (in time order): ... Immersion cooling exhibition.
4. The immersion technique FC invented is a break-through compared to traditional one. This new technique would be of great help to the deployment of the new Gen chips.
Also: 5. Cooling Update We hope to share a good video or exhibition materials by the end of the month.
I really, really hope this video will be online tomorrow. In case you're wondering, why I'm so excited: see here.
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Hi guys I am in europe and I have a few G-asicminer shares on bitfunder. Considering all the uncertainty should I be moving these somewhere else? Can i move them somewhere else? or are they ok for the time being? Any advice/suggestions appreciated. Thanks
If you have more than 250 you may export them to direct shares. As European you should be fine as long as your BF/WeEx account is verified before December 1, 2013.
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Hi all,this is an auction for 50 (fifty) ASICMINER direct shares. ThickAsThieves acts as escrow and I will cover all escrow fees. The share transfer to the winner(s) will be initiated by ThickAsThieves after a succecssful payment. Please submit a Bitcoin wallet address and email address. Those will be forwarded to friedcat. The winner must pay within 48 hours after the auction has ended. Starting bid is 0.7 Bitcoin per share with a bid increment of 0.01 Bitcoin. Please use the format <number_of_shares> @ <bid_price> - for example: "40 @ 0.92 Bitcoin". This auction ends on Friday, 01 Novembre 2013 at 20:00 UTC. All bids are binding. Cheers and happy bidding!
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Hello all, Originally Labcoin was to payout dividends on a weekly basis, but now that Labcoin is on Cryptostocks, it's paying out dividends daily. We'll continue to payout the dividends to LABCO unit holders on a weekly basis every Monday in order to make the process more efficient. Thanks for your time. Thank you for investing with Havelock Investments! https://www.havelockinvestments.comTo stop receiving these emails, or to manage which types of emails you do receive from us: Login to your account, and click on 'Email Settings' from the menu Via mail.
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Thanks all for contributing, translating and verifying! Very appreciated!
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