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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3885513 times)
Jutarul
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March 27, 2013, 08:16:46 PM
 #2661

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

i could be wrong, it is just a guess, but i didnt forget about last Sunday,  monday tuesday wednesday = 3 days. 0.003775 / 3 is divident for a normal day, that times 7 would be for a normal week , in my basic logic, im sure im forgetting about other stuff, like the part that has been invested and such.. ,  but yeah, it is just a guessing game.. maybe i should not try to predict these things  Roll Eyes

No offence. Smiley I am just saying that the Sunday dividend paid back the balance of the initial investment of 0.1 BTC. So probably there was some profit left. Plus we do not know how much was invested of the profits. So it is just all speculation. We can get an idea of the earnings from e.g. the spreadsheets and speculate even more about the future dividends.  Wink
Please stop your guessing games, until friedcat had a chance to explain the dividend key (distribution+retained) for the future dividend payments. There are too many unknowns right now.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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irritant
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March 27, 2013, 08:18:19 PM
 #2662

could it be that ASICMINER is using old version?  i mean, 9 unconfirmed ..


waiting on two transactions, 0 confirmations. whats going to happen to my bitcoins?

probably sent from old versions

ok, i will try to stop guessing Tongue  sorry about that
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March 27, 2013, 08:37:08 PM
 #2663

Has anyone received any confirmation for the dividend transaction? Still at 0
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March 27, 2013, 08:41:15 PM
 #2664

Has anyone received any confirmation for the dividend transaction? Still at 0


Mine are at 0 confirmations too.
It is because he sends the dividents without transaction fee. Just give it a little more time, and eventually it will be confirmed.

As you can see here http://blockchain.info/en/unconfirmed-transactions
there are lots of unconfirmed transactions piling up right now.

Donatioins always welcome Wink
BTC: 148nRwhghr9Abnpp9vShYxSPDbyMFQzjhr
LTC: LL2UDTbQNx9UiP37ZzJ4CLQDWm6JPgZG8t
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March 27, 2013, 08:50:56 PM
 #2665

Has anyone received any confirmation for the dividend transaction? Still at 0


Mine are at 0 confirmations too.
It is because he sends the dividents without transaction fee. Just give it a little more time, and eventually it will be confirmed.

As you can see here http://blockchain.info/en/unconfirmed-transactions
there are lots of unconfirmed transactions piling up right now.


woohoo, 1 confirmation, and he did pay transaction fee

(Fee: 0.0005 BTC - Size: 2104 bytes) 2013-03-27 15:55:18
http://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF
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March 27, 2013, 09:55:38 PM
 #2666

Has anyone received any confirmation for the dividend transaction? Still at 0


Mine are at 0 confirmations too.
It is because he sends the dividents without transaction fee. Just give it a little more time, and eventually it will be confirmed.

As you can see here http://blockchain.info/en/unconfirmed-transactions
there are lots of unconfirmed transactions piling up right now.


woohoo, 1 confirmation, and he did pay transaction fee

(Fee: 0.0005 BTC - Size: 2104 bytes) 2013-03-27 15:55:18
http://blockchain.info/address/115tTroRo3B9ZDQ6ATJGDCHcNEVbjJoZnF

Oh you are right. I'm sorry.

So it was only because of the huge load of transactions going on right now.

Donatioins always welcome Wink
BTC: 148nRwhghr9Abnpp9vShYxSPDbyMFQzjhr
LTC: LL2UDTbQNx9UiP37ZzJ4CLQDWm6JPgZG8t
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March 27, 2013, 09:56:33 PM
 #2667

ASICMINER, best investment of my life :-) Keep up the good work!

Sell or buy items at bitcoin247sales.com - flatrate fees - cheapest around!
Post feedback at https://bitcointalk.org/index.php?topic=328169.0
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March 27, 2013, 10:08:14 PM
 #2668

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

i could be wrong, it is just a guess, but i didnt forget about last Sunday,  monday tuesday wednesday = 3 days. 0.003775 / 3 is divident for a normal day, that times 7 would be for a normal week , in my basic logic, im sure im forgetting about other stuff, like the part that has been invested and such.. ,  but yeah, it is just a guessing game.. maybe i should not try to predict these things  Roll Eyes

No offence. Smiley I am just saying that the Sunday dividend paid back the balance of the initial investment of 0.1 BTC. So probably there was some profit left. Plus we do not know how much was invested of the profits. So it is just all speculation. We can get an idea of the earnings from e.g. the spreadsheets and speculate even more about the future dividends.  Wink
Please stop your guessing games, until friedcat had a chance to explain the dividend key (distribution+retained) for the future dividend payments. There are too many unknowns right now.

+1
Exactly my point.

And friedcat should really provide the dividend key and financial statements (not only to board members). This is essential for transparency and to attract future investors - which is in the interest of both bitfountain and ASICMINER shareholders.
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March 27, 2013, 11:45:24 PM
 #2669

Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
Jutarul
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March 27, 2013, 11:55:12 PM
 #2670

Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
Unlikely. At these price levels even GPU mining is still profitable.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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March 28, 2013, 12:17:28 AM
 #2671

Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
Unlikely. At these price levels even GPU mining is still profitable.

ASIC makers unplugging from "testing" and sending the miners to actual customers.

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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March 28, 2013, 12:24:49 AM
 #2672

Wow, network hash rate went down massively after the difficulty raise. GPU miners dropping out?
Unlikely. At these price levels even GPU mining is still profitable.
GPU mining is still very profitable:

https://blockchain.info/charts/miners-operating-profit-margin

https://blockchain.info/stats (see bottom)
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March 28, 2013, 03:59:35 AM
 #2673

if I can guess, it would be approximately 0.008 btc divident for a normal week, or a little bit more.

(0.003775/3)*7 = 0.0088

and I read they invested some of this and next weeks divident into their progress, so it would be the week after next week to see this normal 0.0088 divident / share, is a low estimate because I dont know how much has been taken to invest, which can be added again the week after next week

ps. it seems to be a slow transaction, not yet confirmed, I've other transaction made later, that are confirmed 5 times, and the number of shares in satoshis is also confirmed (12 confirmations) , or is this a blockchain.info glitch?   Will be okay in some time I'm sure, just curious what it could be.

Completely wrong. You are forgetting about the dividend that was paid last Sunday. My point is that probably not all was paid out.

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

What google spraedsheet?
JordanL
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March 28, 2013, 04:30:37 AM
 #2674

Does anyone have an idea why ASICMINER's hashrate at BTC Guild dropped over the past two days??
JordanL
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March 28, 2013, 04:50:29 AM
 #2675

if I can guess, it would be approximately 0.008 btc divident for a normal week, or a little bit more.

(0.003775/3)*7 = 0.0088

and I read they invested some of this and next weeks divident into their progress, so it would be the week after next week to see this normal 0.0088 divident / share, is a low estimate because I dont know how much has been taken to invest, which can be added again the week after next week

ps. it seems to be a slow transaction, not yet confirmed, I've other transaction made later, that are confirmed 5 times, and the number of shares in satoshis is also confirmed (12 confirmations) , or is this a blockchain.info glitch?   Will be okay in some time I'm sure, just curious what it could be.

Completely wrong. You are forgetting about the dividend that was paid last Sunday. My point is that probably not all was paid out.

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

What google spraedsheet?


https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0

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March 28, 2013, 05:21:12 AM
 #2676

if I can guess, it would be approximately 0.008 btc divident for a normal week, or a little bit more.

(0.003775/3)*7 = 0.0088

and I read they invested some of this and next weeks divident into their progress, so it would be the week after next week to see this normal 0.0088 divident / share, is a low estimate because I dont know how much has been taken to invest, which can be added again the week after next week

ps. it seems to be a slow transaction, not yet confirmed, I've other transaction made later, that are confirmed 5 times, and the number of shares in satoshis is also confirmed (12 confirmations) , or is this a blockchain.info glitch?   Will be okay in some time I'm sure, just curious what it could be.

Completely wrong. You are forgetting about the dividend that was paid last Sunday. My point is that probably not all was paid out.

To get an idea about the next dividends, check the google spreadsheet and also consider the next Th/s to be deployed in the future.

What google spraedsheet?


https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0



Can someone explain what the column "Total TH/s" refers to?
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March 28, 2013, 05:22:30 AM
 #2677

Correct me if I'm wrong but I believe that is the total Bitcoin network?
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March 28, 2013, 05:46:31 AM
 #2678

...

Can someone explain what the column "Total TH/s" refers to?
Looks like it's just the network difficulty converted to TH/s
So that will almost always be below what it really is (at the moment and for the last few months)

Edit: in case you were wondering ... (diff / 600) * 2^32 / 10^12 TH/s

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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March 28, 2013, 06:04:04 AM
 #2679

For any US-based shareholders who plan to report/pay taxes on dividends, is there any guidance from the company as to whether these could possibly be "qualified" dividends (lower tax rate in the US). Thanks
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March 28, 2013, 06:26:25 AM
 #2680

Does anyone have an idea why ASICMINER's hashrate at BTC Guild dropped over the past two days??

BTCGuild was under repeated DDoS, so maybe that's the reason... Now the ASICMINER hashrate stands on cca 6,1 TH/s.
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