ASICMINER: Entering the Future of ASIC Mining by Inventing It

[bobboooiie]

If we hit 0.04xxx div that sure will help

[VJain]

If we hit 0.04xxx div that sure will help

Would be nice, but might be difficult since I'm assuming hardware sales decrease as time goes by, and our mining income (as per the charts) hasn't increased since last week.

My guess is a lower dividend than last week (due to less Sales revenue). I hope I'm wrong though .

[Factory]

The more strategic the more interesting it would be for all of us who are interested in these future developments. But the more strategic the less chance there is for this info to be made public.
You can ask about that it's free to try, but in my opinion there is no chance to know anything. For instance if and how much the 2nd gen is already planned, this is critical at the moment, no company will go around telling about that. Unless maybe BFL to take pre-orders.

There is likely a great range of potential information. I'm sure there is information they could diverge without compromising their strategic position.

[bobboooiie]

The more strategic the more interesting it would be for all of us who are interested in these future developments. But the more strategic the less chance there is for this info to be made public.
You can ask about that it's free to try, but in my opinion there is no chance to know anything. For instance if and how much the 2nd gen is already planned, this is critical at the moment, no company will go around telling about that. Unless maybe BFL to take pre-orders.

There is likely a great range of potential information. I'm sure there is information they could diverge without compromising their strategic position.

They probably just dont want to be like everyone else at the moment and feed people promises until they have something on their hands.

[lophie]

They probably just dont want to be like everyone else at the moment and feed people promises until they have something on their hands.

+1, What I always liked about ASICMINER since the IPO when BFL and bASIC were all the hype and ASICMINER was the new kid on the block who states that "I won't sell them I would make them and mine with them", Then suddenly BAM 5TH!

[kokojie]

Any speculations about sharepricedevelopment?

We will see above BTC3 this year for sure.

[huhai0978]

edit:
Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
_{(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees , not 34% )}

My guess: Someone spent 8.7 Btc as fee.
Maybe he wanted to do the miners a favour :3
(or more likely it was an accident)

It is NOT an accident. Check the address: https://blockchain.info/address/1MsmThtteKPu6fWxwn2SMDEnmJex3vKSBk?offset=0&filter=0
It consistently pays large TX fees. I hope someone find out what kind of appliction this is.

[Exocyst]

If ASICMINER can hold a 25% hashing share, then the average weekly income (in BTC per share) would be 0.01575 BTC/share.

Disregarding revenue from hardware sales, if we annualize just mining returns over 52 weeks,
then one ASICMINER share should return 0.819 BTC which yields incredible annual returns even at high share prices:
2.5BTC : 32.8%
3.0BTC : 27.3%
3.5BTC : 23.4%
4.0BTC : 20.5%
5.0BTC : 16.4%
10.0BTC : 8.2%

Obviously, I have not included operating expenses such as electricity, R&D, new equipment, nor have I included the income from sales of mining hardware. For this period in ASIC rollout, revenues from mining hardware sales will far outweigh operations and development costs.

Honestly, I realize that the people who were early investors in ASICMINER have made out so good that late comers may feel they have missed the boat on ASICMINER. However, in reality, a 10% annual return on investment is a fantastic dividend, which means buying into ASICMINER will continue to be a very good investment so long as they can keep up the hashrate. IMO shares of ASICMINER are still massively undervalued. There simply isn't another Security out there that grows your BTC's quite as effectively as ASICMINER. Personally, I am dumbfounded as to why people aren't more desperate to be holding ASICMINER shares.

My two µBTC
-Exo

[bitzox]

If ASICMINER can hold a 25% hashing share, then the average weekly income (in BTC per share) would be 0.01575 BTC/share.

Disregarding revenue from hardware sales, if we annualize just mining returns over 52 weeks,
then one ASICMINER share should return 0.819 BTC which yields incredible annual returns even at high share prices:
2.5BTC : 32.8%
3.0BTC : 27.3%
3.5BTC : 23.4%
4.0BTC : 20.5%
5.0BTC : 16.4%
10.0BTC : 8.2%

Obviously, I have not included operating expenses such as electricity, R&D, new equipment, nor have I included the income from sales of mining hardware. For this period in ASIC rollout, revenues from mining hardware sales will far outweigh operations and development costs.

Honestly, I realize that the people who were early investors in ASICMINER have made out so good that late comers may feel they have missed the boat on ASICMINER. However, in reality, a 10% annual return on investment is a fantastic dividend, which means buying into ASICMINER will continue to be a very good investment so long as they can keep up the hashrate. IMO shares of ASICMINER are still massively undervalued. There simply isn't another Security out there that grows your BTC's quite as effectively as ASICMINER. Personally, I am dumbfounded as to why people aren't more desperate to be holding ASICMINER shares.

My two µBTC
-Exo

typical pump and dump....without the dump

[aahzmundus]

Runeks, love your chart!  Would it be possible to adjust your second chart, or add a new one, so that there is an overlay of the previous week(s)?  Basically I want to easily at a glance see if we are doing better or worse then last week without having to hover over the line and count the days.  Donations incoming after I get my next divs (spent last weeks on hookers and blow already) as I realize I look at your chart daily, and I have yet to donate to you!

Is this what you had in mind?



It shows that we were way ahead last week, compared to the previous week, but at about the same level this week compared to last week.

It also shows the interesting effect of variance, when comparing this weeks increase in total mining rewards with last week's. We can see it went faster last week for a period (the red line rises faster than the blue line), but that current week's mined BTC caught up with it along the way, which it should if we're mining at the same speed. In fact, if we're mining at the same speed, the lines might divert for a bit, but should always converge at some point, which is what we're seeing.

Good call about adding this chart! It's very useful for investors who'd like to know how we're doing compared to last week.

This is pretty much exactly what I wanted.  I don't know if it is possible to add a drop down or some such thing to be able to move the "history" graph so you can compare week X to current week, instead of just the last week. Or maybe just have two charts.... one for "Best week" and one for "Last week" since those would be the two most interesting data points.

Either way, you have done amazing, and I found some bitcoin laying around so enjoy the donation! Also... you changed the link text of your donation link, but not the actual link... so in my QT client I sent the donation to your old address and not your new armory one because I was too lazy to copy paste.

[crashoveride54902]

If ASICMINER can hold a 25% hashing share, then the average weekly income (in BTC per share) would be 0.01575 BTC/share.

Disregarding revenue from hardware sales, if we annualize just mining returns over 52 weeks,
then one ASICMINER share should return 0.819 BTC which yields incredible annual returns even at high share prices:
2.5BTC : 32.8%
3.0BTC : 27.3%
3.5BTC : 23.4%
4.0BTC : 20.5%
5.0BTC : 16.4%
10.0BTC : 8.2%

Obviously, I have not included operating expenses such as electricity, R&D, new equipment, nor have I included the income from sales of mining hardware. For this period in ASIC rollout, revenues from mining hardware sales will far outweigh operations and development costs.

Honestly, I realize that the people who were early investors in ASICMINER have made out so good that late comers may feel they have missed the boat on ASICMINER. However, in reality, a 10% annual return on investment is a fantastic dividend, which means buying into ASICMINER will continue to be a very good investment so long as they can keep up the hashrate. IMO shares of ASICMINER are still massively undervalued. There simply isn't another Security out there that grows your BTC's quite as effectively as ASICMINER. Personally, I am dumbfounded as to why people aren't more desperate to be holding ASICMINER shares.

My two µBTC
-Exo

couldn't agree with you more...and i am desperate to get more...cashing in a small IRA to buy more btc to do just that just wish i had money to buy shares

EDIT: and yes i feel like i missed the boat..but not just any boat...the golden boat...but can you really miss a boat if you didn't know about btc back then?

[VJain]

If ASICMINER can hold a 25% hashing share, then the average weekly income (in BTC per share) would be 0.01575 BTC/share.

Disregarding revenue from hardware sales, if we annualize just mining returns over 52 weeks,
then one ASICMINER share should return 0.819 BTC which yields incredible annual returns even at high share prices:
2.5BTC : 32.8%
3.0BTC : 27.3%
3.5BTC : 23.4%
4.0BTC : 20.5%
5.0BTC : 16.4%
10.0BTC : 8.2%

Obviously, I have not included operating expenses such as electricity, R&D, new equipment, nor have I included the income from sales of mining hardware. For this period in ASIC rollout, revenues from mining hardware sales will far outweigh operations and development costs.

Honestly, I realize that the people who were early investors in ASICMINER have made out so good that late comers may feel they have missed the boat on ASICMINER. However, in reality, a 10% annual return on investment is a fantastic dividend, which means buying into ASICMINER will continue to be a very good investment so long as they can keep up the hashrate. IMO shares of ASICMINER are still massively undervalued. There simply isn't another Security out there that grows your BTC's quite as effectively as ASICMINER. Personally, I am dumbfounded as to why people aren't more desperate to be holding ASICMINER shares.

My two µBTC
-Exo

couldn't agree with you more...and i am desperate to get more...cashing in a small IRA to buy more btc to do just that just wish i had money to buy shares

EDIT: and yes i feel like i missed the boat..but not just any boat...the golden boat...but can you really miss a boat if you didn't know about btc back then?

Calculate in Dividend Reinvestment and you get even more than that . Currently, ASICMINER is my second (and most stable at 1.5% weekly) btc income source. The other being loans (higher risk).

[freedomno1]

It will break this resistance once all the walls are broken 

[aahzmundus]

It will break this resistance once all the walls are broken 

Uhhh... What wall?  Is there still some big forum auctions going on?  Because all the main exchanges have... no walls.

[tkone]

It will break this resistance once all the walls are broken 

Uhhh... What wall?  Is there still some big forum auctions going on?  Because all the main exchanges have... no walls.

its about to sky rocket in the next week, if this dividend is high then next week asicminer shares will be atleast 2.7 each
watchhh!

oh btw btc will also be about 200 each soon maybe after a few drops ill buy back in cheaper:)

[Guajiro]

It will break this resistance once all the walls are broken 

Uhhh... What wall?  Is there still some big forum auctions going on?  Because all the main exchanges have... no walls.

https://bitcointalk.org/index.php?topic=213729.0

[dhenson]

It will break this resistance once all the walls are broken 

Uhhh... What wall?  Is there still some big forum auctions going on?  Because all the main exchanges have... no walls.

https://bitcointalk.org/index.php?topic=213729.0

The minimum quantity on this wall has made it especially resilient.  It might be a while yet before it comes down.

[Eric Muyser]

It will break this resistance once all the walls are broken  

Uhhh... What wall?  Is there still some big forum auctions going on?  Because all the main exchanges have... no walls.

https://bitcointalk.org/index.php?topic=213729.0

The minimum quantity on this wall has made it especially resilient.  It might be a while yet before it comes down.

TAT or DeadTerra should buy these up and throw them in their PT's They'd probably make a quick profit at this rate..

Not sure they have enough capital though. Even with TAT.VIRTUALMINE's funds.. it's a ways off.

Not sure that guys wall should even be considered a wall. It's a stretchy wall. It's something we can blow past, and when we do, someone BTC wealthy will pick up those shares as a steal.

[AMuppInTime]

That wall has prevented the share price to bubble up - I think it gave everyone some ground to base share prices on, and the steady flow reinforces the share market now. with 1100 shares left (assumption) tomorrow's dividend will tell how fast it will go.

[freedomno1]

That wall has prevented the share price to bubble up - I think it gave everyone some ground to base share prices on, and the steady flow reinforces the share market now. with 1100 shares left (assumption) tomorrow's dividend will tell how fast it will go.

It definitely did prevent a popping surge on the price by forcing a point of stability
That might become part of a key support line for many investors later down the road
It pays enough dividends at that price to see long holding