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Author Topic: [BTC-TC] Deprived Mining Speculation (DMS)  (Read 198701 times)
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twentyseventy
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September 01, 2013, 04:02:54 AM
 #1001

Look at the hashpower now, 825T/s. If the mining's price is higher than 0.0018, investors must/will lose. And also, selling don't have much profit rate now.

Network hashrate is back to ~575 TH/s, from 770TH/s a few hours ago - was there a lot of equipment turned on and then off, or just a lucky streak?
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September 01, 2013, 04:47:16 AM
 #1002

Look at the hashpower now, 825T/s. If the mining's price is higher than 0.0018, investors must/will lose. And also, selling don't have much profit rate now.

Network hashrate is back to ~575 TH/s, from 770TH/s a few hours ago - was there a lot of equipment turned on and then off, or just a lucky streak?

Fluctuations are really never due to equipment getting turned on and off
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September 01, 2013, 05:08:09 AM
 #1003

Yeah, that may have been a dumb question on my part. I should have asked if there was a pool or solo-miner that had been mining a lot more blocks than normal in the last ~12 hours.
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September 01, 2013, 06:11:10 AM
 #1004



daaaaaamn
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September 01, 2013, 07:36:43 AM
 #1005

Look at the hashpower now, 825T/s. If the mining's price is higher than 0.0018, investors must/will lose. And also, selling don't have much profit rate now.

Network hashrate is back to ~575 TH/s, from 770TH/s a few hours ago - was there a lot of equipment turned on and then off, or just a lucky streak?

Fluctuations are really never due to equipment getting turned on and off

Dunno if that's true.  One rather cynical explanation is that drops occur when the less honest suppliers decide to stop private mining with ASICs paid for on pre-orders and finally send a batch out.
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September 01, 2013, 09:04:27 AM
Last edit: September 05, 2013, 10:01:10 AM by thy
 #1006

Look at the hashpower now, 825T/s. If the mining's price is higher than 0.0018, investors must/will lose. And also, selling don't have much profit rate now.

Network hashrate is back to ~575 TH/s, from 770TH/s a few hours ago - was there a lot of equipment turned on and then off, or just a lucky streak?

Fluctuations are really never due to equipment getting turned on and off

Dunno if that's true.  One rather cynical explanation is that drops occur when the less honest suppliers decide to stop private mining with ASICs paid for on pre-orders and finally send a batch out.
Yea it cleary looks like there is big drops when BFL(i guess and possibly some other company's to) is sending out big shippments after they have been illeagally mining with there customers devices for days(or weeks).....



Here it cleary looks extra sucpicous at 13-14/8 and 23-24/8 for example, but really any downspike of 100-150 Th/s in the 1 day avg is really to large and probably due to miners taken offline and sent out in batches by a scamcompany.
It's hardly because of any GPU miners stopping to mine btc and miners stalling during people's sleep or on hot days, that's clearly a very small factor these days.

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September 01, 2013, 02:50:34 PM
 #1007

Look at the hashpower now, 825T/s. If the mining's price is higher than 0.0018, investors must/will lose. And also, selling don't have much profit rate now.

Network hashrate is back to ~575 TH/s, from 770TH/s a few hours ago - was there a lot of equipment turned on and then off, or just a lucky streak?

Fluctuations are really never due to equipment getting turned on and off

Dunno if that's true.  One rather cynical explanation is that drops occur when the less honest suppliers decide to stop private mining with ASICs paid for on pre-orders and finally send a batch out.

I suggest the manager issue DMS 2nd which have the mining shares with higher hash power. The is really a good product.
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September 01, 2013, 02:57:25 PM
 #1008

I suggest the manager issue DMS 2nd which have the mining shares with higher hash power. The is really a good product.

That could be interesting only from the marketing point of view (e.g. DMS2 with hashing power equal to ASICMINER USB Block Eruptor), otherwise one can just buy more DMS.MINING shares.
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September 01, 2013, 03:13:00 PM
 #1009

I suggest the manager issue DMS 2nd which have the mining shares with higher hash power. The is really a good product.

That could be interesting only from the marketing point of view (e.g. DMS2 with hashing power equal to ASICMINER USB Block Eruptor), otherwise one can just buy more DMS.MINING shares.

The DMS2 would have a MINING hashrate set at a different rate (e.g. 333 MH/s) and the market would likely value it at 333x MINING1's value. The two wouldn't compete against each other.
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September 01, 2013, 04:06:29 PM
 #1010

Sold   2493
Swapped   0
Total   2493
Price   0.01588
Total   39.58884
Less Fee   39.50966232
Man Fee   1.18528987

BTC Balance (BTC-TC)   2117.578295
9071 LTC-ATF.B1    90.71000000
Coinlenders CD 27/9   200.5433378
Coinlenders CD 12/9   101.2584495
Coinlenders Cash   3.93710738
Just-Dice Balance    245.10000000
TOTAL ASSETS    2,759.12718926
   
Outstanding MINING   172712
Outstanding SELLING   172712
Outstanding PURCHASE   9591
Effective Units   182303
   
Block reward   25
Difficulty   65,750,060
Hashes per MINING   5000000
   
Daily Dividend    0.00003824
50 days (Min Liquid)    0.00191219
100 days (Forced Close)    0.00382438
365 days (Buyback)    0.01395899
405 days (IPO)    0.01548874
400 days (Post SELLING div)    0.01529752
410 days (Pre SELLING div)    0.01567996
   
NAV Post MINING Div    2,752.15522858
NAV/U Post MINING Div    0.01509660
Days Dividend Post Div   394.75
SELLING Dividend    -         
NAV Post SELLING Div    2,752.15522858
NAV/U Post Selling Div    0.01509660
PURCHASE selling price    0.01585
PURCHASE buy-back price    0.01479
   
J-D House profit at report   5780
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September 01, 2013, 06:51:18 PM
 #1011

Yea it cleary looks like there is big drops when BFL(i guess and possibly some other company's to) is sending out big shippments after they have been illeagally mining with there customers devices for days(or weeks).....
http://bitcoin.sipa.be/speed-lin-10k.png
Here it cleary looks extra sucpicous at 13-14/8 and 23-24/8 for example, but really any downspike of 100-150 Th/s in the 1 day avg is really to large and probably due to miners taken offline and sent out in batches by a scamcompany.
It's hardly because of any GPU miners stopping to mine btc and miners stalling during people's sleep or on hot days, that's clearly a very small factor these days.

An occasional and temporary 15% change in the rate that blocks are added is normal. At a minimum, to claim that some causal relationship exists, you have to show a correlation to something other than your imagination.

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September 02, 2013, 04:08:07 PM
 #1012

Sold   1377
Swapped   0
Total   1377
Price   0.01585
Total   21.82545
Less Fee   21.7817991
Man Fee   0.653453973

BTC Balance (BTC-TC)   2131.735427
9071 LTC-ATF.B1    90.71000000
Coinlenders CD 27/9   200.6637398
Coinlenders CD 12/9   101.3226319
Coinlenders Cash   3.93932528
Just-Dice Balance    245.80000000
TOTAL ASSETS    2,774.17112401
   
Outstanding MINING   173706
Outstanding SELLING   173706
Outstanding PURCHASE   9974
Effective Units   183680
   
Block reward   25
Difficulty   65,750,060
Hashes per MINING   5000000
   
Daily Dividend    0.00003824
50 days (Min Liquid)    0.00191219
100 days (Forced Close)    0.00382438
365 days (Buyback)    0.01395899
405 days (IPO)    0.01548874
400 days (Post SELLING div)    0.01529752
410 days (Pre SELLING div)    0.01567996
   
NAV Post MINING Div    2,767.14650160
NAV/U Post MINING Div    0.01506504
Days Dividend Post Div   393.92
SELLING Dividend    -         
NAV Post SELLING Div    2,767.14650160
NAV/U Post Selling Div    0.01506504
PURCHASE selling price    0.01582
PURCHASE buy-back price    0.01476
   
J-D House profit at report   5905
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September 03, 2013, 06:04:01 AM
 #1013

joined this asset today Smiley

makes me feel like

http://www.youtube.com/watch?v=KWpHb0WF48o

BTC.sx - Leveraged Bitcoin Trading. Simply use Bitcoin to take advantage of a rising or falling Bitcoin price.
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September 03, 2013, 04:05:42 PM
 #1014

Sold   1817
Swapped   0
Total   1817
Price   0.01582
Total   28.74494
Less Fee   28.68745012
Man Fee   0.860623504

BTC Balance (BTC-TC)   2152.554142
9071 LTC-ATF.B1    90.71000000
Coinlenders CD 27/9   200.7836427
Coinlenders CD 12/9   101.3865482
Coinlenders Cash   3.94154443
Just-Dice Balance    245.55000000
TOTAL ASSETS    2,794.92587756
   
Outstanding MINING   176028
Outstanding SELLING   176028
Outstanding PURCHASE   9469
Effective Units   185497
   
Block reward   25
Difficulty   65,750,060
Hashes per MINING   5000000
   
Daily Dividend    0.00003824
50 days (Min Liquid)    0.00191219
100 days (Forced Close)    0.00382438
365 days (Buyback)    0.01395899
405 days (IPO)    0.01548874
400 days (Post SELLING div)    0.01529752
410 days (Pre SELLING div)    0.01567996
   
NAV Post MINING Div    2,787.83176616
NAV/U Post MINING Div    0.01502899
Days Dividend Post Div   392.98
SELLING Dividend    -         
NAV Post SELLING Div    2,787.83176616
NAV/U Post Selling Div    0.01502899
PURCHASE selling price    0.01578
PURCHASE buy-back price    0.01473
   
J-D House profit at report   5850
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September 04, 2013, 03:34:42 AM
 #1015

It seems the next difficulty will be around 95M, nearly 50% increase? Next dividend may be around 0.000027.
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September 04, 2013, 03:50:10 AM
 #1016

It seems the next difficulty will be around 95M, nearly 50% increase? Next dividend may be around 0.000027.

Not sure where your numbers are coming from, but next Difficulty will be around 86.7M, a 32% increase.

Dividend will be around .0032-.0034
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September 04, 2013, 04:02:51 AM
 #1017

BitThink was estimating the next daily mining dividend probably ... but, yeah, next difficulty will be around 87M ... more than 30% increase.
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September 04, 2013, 04:19:11 AM
 #1018

I looked throughout this thread but could not find an "explain it like I am 10" explanation to how these securities work.

This is as much as I could put together, note that I am probably very wrong. Please correct me.

So dms.mining does not actually have miners, but pays out as if it did. The money to pay out the investors as the dividend actually come from the people buying dms.mining.

If you think that dms.mining share value is over priced then you can buy dms.selling, I am not sure where this dividend comes from.

Dms.purchase is simply the combination of the two.

Also this is a losing proposition as its similar to a ponzi except the payout is fixed towards what a mining bond would payout.

Thanks.
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September 04, 2013, 04:24:01 AM
 #1019

BitThink was estimating the next daily mining dividend probably ... but, yeah, next difficulty will be around 87M ... more than 30% increase.

Ah, sorry, didn't consider that that was the MINING div he was referencing.

New Difficulty: 86,933,018!
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September 04, 2013, 04:26:27 AM
 #1020

I looked throughout this thread but could not find an "explain it like I am 10" explanation to how these securities work.

This is as much as I could put together, note that I am probably very wrong. Please correct me.

So dms.mining does not actually have miners, but pays out as if it did. The money to pay out the investors as the dividend actually come from the people buying dms.mining.

If you think that dms.mining share value is over priced then you can buy dms.selling, I am not sure where this dividend comes from.

Dms.purchase is simply the combination of the two.

Also this is a losing proposition as its similar to a ponzi except the payout is fixed towards what a mining bond would payout.

Thanks.

This isn't a Ponzi scheme, as the dividends for MINING are paid on schedule out of the SELLING reserves. SELLING is NOT guaranteed to make a profit or to necessarily pay anything out. SELLING is paid a dividend only if the Difficulty increases significantly. 
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