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Author Topic: Noob question: ASICMINER worth it?  (Read 813 times)
TheAndy500 (OP)
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May 31, 2013, 04:29:03 PM
 #1

What are your opinions on ASICMINER shares and their value/worth?  I'm thinking about getting a few just for the hell of it.  Also, what's the deal with moving sidewalks?

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Ethicoin
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May 31, 2013, 04:40:11 PM
 #2

ASICMINER is generally known as one of the best crypto investment opportunities out there.

However, this does not mean it is risk free. Do not invest more than you are wiling to lose.

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May 31, 2013, 04:45:07 PM
 #3

ASIC mining is the same as GPU mining back when bitcoin first came out, it will be very profitable until the difficulty catches up with in. however long that will take.
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May 31, 2013, 04:51:17 PM
 #4

They are also creating and selling the mining equipment, so they are not just miners.
I've recently bought a few shares, so yes I think it's worth it.
It's one of the shares with lower risk, but it's by no means riskfree.
TheAndy500 (OP)
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May 31, 2013, 04:58:43 PM
 #5

I consider all of my bitcoin to be house money (because I withdrew my initial investment when it hit $252, and still had plenty left).  So it would be more like diversifying within my btc investment. 

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May 31, 2013, 05:34:42 PM
 #6

they are like the bluechip stock of BTC

They are worth it. i mean there are other way to make more profit. but this is one of the safest ways to get a return
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May 31, 2013, 06:11:28 PM
 #7

Hi,

you could also try a community Asicminer approach like mine, see my signature Wink

regards

ex official Canaan Distributor (Cryptouniverse)
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June 12, 2013, 01:24:31 PM
 #8

I like Thursdays because I wake up and there's dividend notifications emails!
TheAndy500 (OP)
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June 12, 2013, 04:29:32 PM
 #9

You get e-mails?  I just have to keep checking the address.

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June 12, 2013, 04:47:36 PM
 #10

ASIC MINER IS NOT WORTH IT.
dandannn
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June 12, 2013, 04:56:45 PM
 #11

ASIC MINER IS NOT WORTH IT.

haha! a very direct statement there, please do elaborate...
nor9872
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June 12, 2013, 06:26:46 PM
 #12

I think its worth it. Especially the usb asic miner.
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June 12, 2013, 07:04:27 PM
 #13

Think it depents on the electricity prices ... ASICS use less power /mHash.
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June 12, 2013, 07:19:05 PM
 #14

I have indirect shares in ASICMINER, and I make a tidy dividend each week. I think the shares are worth it - if you dont think so once you have bought them you can always sell them

https://www.crypto-trade.com/ref/arcticwolf Try CryptoTrade.com, a new exchange for trading Currencies and Securities
ck99
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June 13, 2013, 09:03:29 PM
 #15

As with most things, there are risks. The price of shares is driven by supply and demand, and the dividend is driven by ASICMiners ability to maintain market share in the mining network.

They intend to scale up their mining operation as time goes on, and as difficulty increases, and they hope to maintain a roughly fixed percentage of total hashing power. This means that the dividends should be somewhat predictable.

I'm bullish on ASICminer because I believe in the approach they take. But, I dont care much for peoples opinions on what the "true" price should be, since all that matters is the current price, and your current opinion on whether that price is high or low.
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June 13, 2013, 09:21:35 PM
 #16

I have indirect shares in ASICMINER, and I make a tidy dividend each week. I think the shares are worth it - if you dont think so once you have bought them you can always sell them
What percent of the shares' price have you already received?

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