Mining Bonds, Stocks For People Who Can't Do Basic Maths.

[furuknap]

I've already accounted for 100TH coming online in my numbers above, where I've expected a network hash rate of 250TH on August 1.

What's your source for ASICMINER, BFL and Avalon not shipping anything else before then?

And why, if your own figures suggest a jump to 250TH by August 1st are you then predicting that the rise will immediately drop to 10% per month?  Seems rather strange that you think there'll be a massive jump in July then everyone will stop shipping so your investors can do OK.

I suggested a jump to 250 TH by August to account for 100TH coming online sometime during July, possibly sooner. However, since 100TH does not grow, the growth of the network must be attributed to the remaining deployments and thus from around 150TH. A growth of 25TH per month is actually 16.6% of 150TH so the estimate is higher than the 10% it looks like.

.b

Edit: Bah, head isn't working. 25 of 150 is 16.6%

[SOSLOVE868]

In fact, rather than the overly pessimistic and ambiguous 'for months', it is equally likely that the miners arrive in just a few weeks, before BFL, Avalon, and KnC. If that is the case, that bonus is going to be worth more.

I was just going by what your CONTRACT says :

"The bond is backed by miners that have yet to be released. The scheduled release is September 2013."

It's now June.  September is 3 months away.  That's months.  If your contract states something then I'm perfectly entitled to quote it when discussing your contract.  Expecting an ASIC manufacturer to ship ahead of schedule flies in the face of all past experience.  The closest was Avalon who sent a couple of prototype machines on time and pretended that was shipping.

I think I mentioned this previously, but I don't want to overpromise by saying August. Metabank has said August, so I'm going to not promise anything more than that to account for possible delays.

You're right, though, and it could be even worse if the miner is delayed. That risk was, in my opinion, reduced considerably today when 100TH announced they would start rolling out next week.



.b

Again ,this liar is ask you to spend 20 times more to buy over his pre-order  , and if metabank delaying this order, He make profit on this 20x selling, if metabank delivery before September , then He can execute by his contract, start mining without giving dividend to those stupid people who bought his contracts.



Very very smart move !~~

[furuknap]

I used to have 440 PAJKA Contracts in total .... he continued use this minority amount of selling as a sample to convince I made huge loss...
anyone please check below

The answer is also important...as I hold about 500 contracts!

Uhm... You held 440 then 500? Or was it the other way around? Or was this just another 'math never lies' thing?

I used the extract from the quoted post to show that your claims about nobody selling higher than after you paniced is also a lie.

.b

[furuknap]

Again ,this liar...

You still have not offered even a shred of evidence, except you reading an article of mine, that would indicate, much less prove, that I have lied to you.

.b

[SOSLOVE868]

Again ,this liar...

You still have not offered even a shred of evidence, except you reading an article of mine, that would indicate, much less prove, that I have lied to you.

.b

Shit , did you understand what means by about? please go back and study with this basic English.

[furuknap]

Shit , did you understand what means by about? please go back and study with this basic English.

I'll just leave this here.

.b

[SOSLOVE868]

Shit , did you understand what means by about? please go back and study with this basic English.

I'll just leave this here.

.b

Yes , it will be wise that  you leaves this forum.

[joele]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

[SOSLOVE868]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

Good job, I suggest if you can adding calculation shows how long does PMB will pay it back will be great.
 

[Eric Muyser]

Funny enough some of these PMB's are still highly profitable (40%+ APR) in the meantime, but if the price crashes prematurely then it's hopeless. That could be due to BTC crashing, or posts like this.. but once it does, it's a fight to see who can get out with that profit (most wont because most panic and don't wait it out to sell back at their initial cost).

[joele]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

Good job, I suggest if you can adding calculation shows how long does PMB will pay it back will be great.
 

Thanks, that can be estimated in "Accumulated Coins" column

[SOSLOVE868]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

Good job, I suggest if you can adding calculation shows how long does PMB will pay it back will be great.
 

Thanks, that can be estimated in "Accumulated Coins" column

The accumulated coins column is only count in one years time.....So far the best calculator is  http://mining.btcfans.com/

You could use it , but this is in Chinese...this calculator tells user exactly how long time does PMB pay it back, and given the option of how much did you pay for this hashrate...

[joele]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

Good job, I suggest if you can adding calculation shows how long does PMB will pay it back will be great.
 

Thanks, that can be estimated in "Accumulated Coins" column

The accumulated coins column is only count in one years time.....So far the best calculator is  http://mining.btcfans.com/

You could use it , but this is in Chinese...this calculator tells user exactly how long time does PMB pay it back, and given the option of how much did you pay for this hashrate...

Yap, added now with input btc price/hash and return of investment date

[SOSLOVE868]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

Good job, I suggest if you can adding calculation shows how long does PMB will pay it back will be great.
 

Thanks, that can be estimated in "Accumulated Coins" column

The accumulated coins column is only count in one years time.....So far the best calculator is  http://mining.btcfans.com/

You could use it , but this is in Chinese...this calculator tells user exactly how long time does PMB pay it back, and given the option of how much did you pay for this hashrate...

Yap, added now with input btc price/hash and return of investment date

This great ,no more people will be hurt because they did not use the right calculator .
Great Job!

[eltopo]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

Good one, but if you specify the BTC price per 1 MHash/s then there's no need to specify Hash rate (MHash/s) as it has no effect on calculations.

[joele]

Check the Mining profit per difficulty adjustment here

http://btc.re/?t=miningcalc

Good one, but if you specify the BTC price per 1 MHash/s then there's no need to specify Hash rate (MHash/s) as it has no effect on calculations.

Ha? Hashrate and price per hashrate is different

[eltopo]

Of course, but it has no effect on profitability. It's like specifying how many miners I bought or how many PMBs. Just change the hash rate field and you'll see that it has no influence on investment return.

[joele]

Of course, but it has no effect on profitability. It's like specifying how many miners I bought or how many PMBs. Just change the hash rate field and you'll see that it has no influence on investment return.

Yes true, not in the investment return computation, number of MHash is for miners to see their mining profit based on their hashrate.

[Birdy]

Funny enough some of these PMB's are still highly profitable (40%+ APR) in the meantime, but if the price crashes prematurely then it's hopeless. That could be due to BTC crashing, or posts like this.. but once it does, it's a fight to see who can get out with that profit (most wont because most panic and don't wait it out to sell back at their initial cost).

Nope, they are not highly profitable, they give out good divididends until the next difficult adjustment.
Selling them before is not "panicing", it's hoping that someone else is stupid enough to still pay more than they are worth.

[MPOE-PR]

I have written about this for almost a year now and guess what - idiots are still dumping money to perpetual mining turds (bonds? LOL!).
Brilliant!

Aren't you the scammer stealing everyone's LTC with the comparatively much more retarded "buy clay ovens"? At least mining gear turns the heat into Bitcoin, which is closer to Bitcoin than etsy shit will ever get.

You are the poster child for "scammer trying to act like he's giving advice".