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Author Topic: ASICMINER Speculation Thread  (Read 808627 times)
jdany
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August 14, 2014, 01:28:42 AM
 #4821

As AM ramps up mining, we might be able to take a swing at the new mining address...

Any guesses?

1BX5YoLwvqzvVwSrdD4dC32vbouHQn2tuF
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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August 14, 2014, 01:31:13 AM
Last edit: August 14, 2014, 01:49:25 AM by dhenson
 #4822

As AM ramps up mining, we might be able to take a swing at the new mining address...

Any guesses?

1BX5YoLwvqzvVwSrdD4dC32vbouHQn2tuF

That address started in May... FC stated that they started in mid July.

edit.. I personally think he's mining with DiscusFish (https://www.f2pool.com), if he has much mining power up at all it's the only thing that makes sense.
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August 14, 2014, 01:37:00 AM
 #4823

any word the margins am is taking on the tubes? 1.04 btc for a miner --- hope they are taking at least 25%.


does be300 mean the next gen chip?
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August 14, 2014, 01:50:17 AM
 #4824

any word the margins am is taking on the tubes? 1.04 btc for a miner --- hope they are taking at least 25%.


does be300 mean the next gen chip?

Yes, be300 will be 28nm.  FC has hinted that they have worked out the power issues that they ran into with the be200 and has high hopes for the be300 performance.
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August 14, 2014, 02:22:33 AM
 #4825

Rumor: ASICMiner has been mining and selling all their coins immediately. The falling BTC price makes mining unfavorable for all other miners while obtaining funds for future costs. What will break first: the bitcoin bulls' spirit or AM's selling momentum?
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August 14, 2014, 02:32:10 AM
 #4826

Rumor: ASICMiner has been mining and selling all their coins immediately. The falling BTC price makes mining unfavorable for all other miners while obtaining funds for future costs. What will break first: the bitcoin bulls' spirit or AM's selling momentum?

No.
Vpal(a new ponzi scheme) has been drawing money from btc-market in china.
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August 14, 2014, 02:46:53 AM
 #4827

Could anyone please tell me, if they know offhand, how many shares in total there are? I'm just trying to figure a ballpark estimate of this company's valuation. 

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August 14, 2014, 02:57:18 AM
 #4828

Could anyone please tell me, if they know offhand, how many shares in total there are? I'm just trying to figure a ballpark estimate of this company's valuation. 

400,000 exactly.
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August 14, 2014, 05:13:34 AM
Last edit: August 14, 2014, 06:40:10 AM by freedomno1
 #4829

Could anyone please tell me, if they know offhand, how many shares in total there are? I'm just trying to figure a ballpark estimate of this company's valuation.  

400,000 exactly.

With a small clarification note that of those 400,000 only 163,962 of those publicly traded.

Introduction
ASICMINER is a virtual identity totally held by investors of the Bitfountain company. The Bitfountain company's business includes mining with self-built ASIC devices, as well as the sales of them. Currently ASICMINER shareholders holds 163,962 shares, while Bitfountain shareholders holds 236,038 shares. ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid. They also have the exemption of dilution, which means that each ASICMINER share always equals to 1/400,000 of the total profits and voting power of the summed value from both ASICMINER and Bitfountain.


@ At what dhenson said that 0.1 Was paid back ages ago lol

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dhenson
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August 14, 2014, 06:13:23 AM
 #4830

With a small clarification note that of those 400,000 only 163,962 of those publicly traded.

True, but all 400,000 receive divs (just for clarity).

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August 15, 2014, 03:52:02 PM
 #4831

any idea how many units have been sold so far?
jdany
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August 16, 2014, 12:00:48 AM
 #4832

It really has been a long time since we had any clue what was going on.
I don't really think AM is a speculative investment.
I think it's a religion.
MichaelBliss
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August 16, 2014, 12:14:29 AM
 #4833

I have a feeling Friedcat wants to impress everyone so he doesn't mind expectations slowly eroding away.  Though you'd think given they have most of the shares, Friedcat wouldn't want the share price to erode like it has over the last year! We get the odd picture, video, and blog in Chinese, maybe the problem is Friedcat isn't communication with the English speakers enough?

There was that interview by "bitell" or something like that, I wonder what ever came of that? 
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August 16, 2014, 12:23:20 AM
 #4834

I think it's a religion.

Entering the Future of ASIC Mining by Inventing It
For a reason ^_^

Not sure what happened with the Bittell one either for all we know its there in Chinese, this is the future poor English investors are left in the dark because we can't read the Chinese XD
At least that's the trend in 30 to 40 years lol.

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jdany
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August 16, 2014, 12:27:57 AM
 #4835

I asked my people on Facebook if any of them could translate chinese in trade for STUFFED crust pizza.
No takers.  What?!? Are you people nuts?  There's cheeze in the friggin' crust.
Dummies.
Fabrizio89
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August 16, 2014, 05:18:21 AM
 #4836

I asked my people on Facebook if any of them could translate chinese in trade for STUFFED crust pizza.
No takers.  What?!? Are you people nuts?  There's cheeze in the friggin' crust.
Dummies.

There's a freelance translator (/u/KoKansei) on Reddit which translated some news from chinese central bank when there was all the buzz about China banning Bitcoin. We could make a topic on /r/bitcoinstocks and pagename him there so we can ask him to translate for a little compensation?
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August 16, 2014, 05:23:21 AM
 #4837


Just go on http://www.fiverr.com/ if you are looking for translations and are willing to compensate. They take bitcoin too.

To get an idea how many words you have to translate: http://www.wordcounttool.com/

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August 16, 2014, 10:09:16 AM
 #4838

I think it's a religion.

Entering the Future of ASIC Mining by Inventing It
For a reason ^_^

Not sure what happened with the Bittell one either for all we know its there in Chinese, this is the future poor English investors are left in the dark because we can't read the Chinese XD
At least that's the trend in 30 to 40 years lol.

I watched the film "Rover" last night and it did a decent job of painting a logical evolution of Chinese economic and population dominance in the near future in Australia. 

You've got this dystopian landscape going on in the Australian outback, and a train passes through with 3 decked out snipers on it for protection, says "Australia" on the front car, followed by cars and cars and cars of cargo, all with the same chinese corporate symbol on it. I won't go on as it'll spoil the movie, but yes, this is only the beginning. I'm sure we won't see anything similar to the righteous American cultural imperialism of the last century... I believe the Chinese culture will just naturally, perhaps insidiously, permeate the rest of the world. Slowly and surely Smiley

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August 16, 2014, 04:17:47 PM
 #4839

I believe the Chinese culture will just naturally, perhaps insidiously, permeate the rest of the world. Slowly and surely Smiley
Not unless they do it by force.
Their so-called "state" is a living dystopian nightmare, nobody in his right mind would accept such a thing.

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August 16, 2014, 07:32:18 PM
 #4840

You can already see people bowing to china, look at the recent Transformers movie!  I read about this and had to re-watch it just to pick up on it, but the new transformers movie has undertones of America Bad/China Good.

Many people would gladly throw themselves at a state like china, because they do not know better...

Back on topic...

When were people expecting dividands?  I kind of figured if mining started mid july, mid august was a logical time for divs, apparently not?  Prices on HL are back up to .3 however

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