ASIC Mining shares - Are ppl insane????

[eZc]

Just do the math... Those shares are never gonna pay off. With a diff increasing of 30-40% each retarget, not even the ASICs are gonna pay off (at least not at current prices). What are ppl thinking??
(OT: Is 20USD/GH still the best you can get?)

When ppl really wanna get rid of they're money the should better give it to unicef.

[tgerring]

Just do the math... Those shares are never gonna pay off. With a diff increasing of 30-40% each retarget, not even the ASICs are gonna pay off (at least not at current prices). What are ppl thinking??
(OT: Is 20USD/GH still the best you can get?)

When ppl really wanna get rid of they're money the should better give it to unicef.

Share's don't "pay off" in terms of dividends. If you assume the asset cost will go to 0 and you're trying to collect enough dividends to "pay" for your initial investment, you're doing it wrong.

[eZc]

Well but the Asset Value is going to 0 since the ASICS become inefficient and obsolete. After some time they don't generate much BTC anymore and they also dont offer a value for sell.

[OneBTCJay]

Do you mean ASIC shares that depend on retail purchase of their equipment?

[eZc]

Do you mean ASIC shares that depend on retail purchase of their equipment?

Basically yes. However I didn't find any share which seems to be a profitable investment. However(2) the math gets more complex.
BTW: What is best USD/GH/s shippable (or installed capacity share) and what is best USD/GH/s possible scam?

[tgerring]

Well but the Asset Value is going to 0 since the ASICS become inefficient and obsolete. After some time they don't generate much BTC anymore and they also dont offer a value for sell.

ASICMINER as a security represents more than a single generation of mining equipment. They may produce new equipment in the future, for example.

[andrewsg]

Well but the Asset Value is going to 0 since the ASICS become inefficient and obsolete. After some time they don't generate much BTC anymore and they also dont offer a value for sell.

ASICMINER as a security represents more than a single generation of mining equipment. They may produce new equipment in the future, for example.

He's not talking about ASICMINER shares, he's talking about asic miner shares. Get it?