ASICMINER: Entering the Future of ASIC Mining by Inventing It

[foxykah]

It sucks to be one of those, who bought in @118 USD/BTC price...I think I might just kill myself.

Don't. We all have lost some skin, but it's meaningless in the end and we know it.

Second, let time do its thing and stop letting emotions affect your investments:  don't trade if the possibility of losing money (or all) might bring about some thought of killing yourself.

Third, Bitcoin or ASICminer are good investments but don't worry so much about having to catch the train. I remember when I was arguing with my banker that I wanted to invest in GOOG at the IPO but he argued with me that they were clearly overpriced at 60 or so... Same happened with Ebay. Some 10 yrs later I've learnt that there will always be new trains, even if they only show up every few years, you just have to make sure the time is right for YOU.

Fourth, ASICminer is trading again over 4.7, I'm sure you're feeling better about that.

Fourth If its at 4.7 on BTCT come help me finish the darn 0.043 walls at havelock ha-ha arbitrage

Agree with points 1 to 3 if you believe bitcoin is the train best to just pile up more when people are running
That's emotional investing logical would need good reasons such as fundamental changes to follow the crowd

I'm not going to kill myself, I only said that to show how I feel about my investment. I can afford to lose all my BTCs, but I can't afford to buy in now, when the prices are lower, so it is just frustrating to see my investment losing it's value day by day.
This is the train of profit, but not the time of profit.

[canth]

So many weak hands, so much free money laying around and I have to be sleeping during all of that 

+1! I can't believe i slept through a dip like that.

[afro25]

So many weak hands, so much free money laying around and I have to be sleeping during all of that 

+1! I can't believe i slept through a dip like that.

Unfortunately I've had to sit through it and watch while I wait for payday.

Will grab a few more shares tomorrow evening if they're still going cheap!

[aahzmundus]

ASICMINER Weekly Write-up 07/03/2013

Dividend: BTC0.02297025
Previous 5wk Avg: BTC0.0269764
Previous All Time Avg: BTC0.01655679625

Hashrate estimate: 29.46TH/s
Network percentage: 15.3%

Share Price: BTC4.77
7day low: BTC3.266
7day High: BTC5.17

Friedcat Updates:
No posts from Friedcat save for 3 confirmations on the number of shares held by specific individuals.

Noteworthy Information:

• Rockxie, the distributor of ASICMINER products in China "leaked" some new information - Presentation - Translation
• Jutarul, a large holder of ASICMINER shares, held a public fixed price auction of 1,000 shares at BTC4.5 - Auction Post
• Rival posted some thoughts on the position and future of ASICMINER - Post

(http://www.asicminercharts.com/)


(http://runeks.dk/bitcoin/)

For more information on ASICMINER please visit https://asicminer.info/

Please send any comments, corrections, additions or suggestions to Aahzmundus.

Was this information valuable?  Consider leaving a tip at: 1AahzKNU7NgNJyQPx7BJDLSiFRhgSA2P7c

[ThickAsThieves]

ASICMINER Weekly Write-up 07/03/2013

Great job!

[aahzmundus]

ASICMINER Weekly Write-up 07/03/2013

Great job!

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

[Smidge]

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

[nubbins]

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You want to see impossible, head over to fuckcombustion.com and pretend you're in the market for a vaporizer. 800+ page threads of stoners bickering about glass airpaths and the best method for ingesting "medicine" 

[aahzmundus]

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You are welcome!  Yes, this is geared to the new investor, or the investor who has other things to do then refresh this thread every 5 min (as you see, I do not have better things to be doing!).

My big issue is going to be making sure new investors can find and get access to this information.  To that end, if you think I should post it somewhere, let me know.  If you would like to copy my updates to put on your site/blog, please do so! ... just do so in their entirety with credit to me or including a link to the full version (which includes my donation address!)

[romerun]

there's a facebook fan page

[Smidge]

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You want to see impossible, head over to fuckcombustion.com and pretend you're in the market for a vaporizer. 800+ page threads of stoners bickering about glass airpaths and the best method for ingesting "medicine" 

lol wut

[MrBubbles007]

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You want to see impossible, head over to fuckcombustion.com and pretend you're in the market for a vaporizer. 800+ page threads of stoners bickering about glass airpaths and the best method for ingesting "medicine" 

lol wut

Stoner logic>

[Smidge]

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You are welcome!  Yes, this is geared to the new investor, or the investor who has other things to do then refresh this thread every 5 min (as you see, I do not have better things to be doing!).

My big issue is going to be making sure new investors can find and get access to this information.  To that end, if you think I should post it somewhere, let me know.  If you would like to copy my updates to put on your site/blog, please do so! ... just do so in their entirety with credit to me or including a link to the full version (which includes my donation address!)

I just don't have the time to gather all this info. I think many (potential) investors are in the same situation, because there is no other centralized AM info source than this thread.

We should have a weekly newsletter mailed to us as PDF with all the info. I'd throw in a few Satoshis per week for that

[aahzmundus]

Thank you!  already cross posted to Asciminer.info, will post to reddit in 6 min.

Thanks a lot aahzmundus. Its good to get a short, condensed version of what's happening because it's nearly impossible to extract it from this thread.

You are welcome!  Yes, this is geared to the new investor, or the investor who has other things to do then refresh this thread every 5 min (as you see, I do not have better things to be doing!).

My big issue is going to be making sure new investors can find and get access to this information.  To that end, if you think I should post it somewhere, let me know.  If you would like to copy my updates to put on your site/blog, please do so! ... just do so in their entirety with credit to me or including a link to the full version (which includes my donation address!)

I just don't have the time to gather all this info. I think many (potential) investors are in the same situation, because there is no other centralized AM info source than this thread.

We should have a weekly newsletter mailed to us as PDF with all the info. I'd throw in a few Satoshis per week for that

Good idea, I will work on that.

[huhai0978]

The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.

[aahzmundus]

The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.

Transaction Fees.

[msm595]

The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.

You forget the ever-important hardware sales. ASICminer is, first and fore-most, a hardware company.

[huhai0978]

The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.

You forget the ever-important hardware sales. ASICminer is, first and fore-most, a hardware company.

Hardware sales are included. So far less than 30% of mining income.

[huhai0978]

The value of ASICMiner:

The value of ASICMiner depends on the total profit it can generate. Let's do some math.
Total bitcoins to be mined: 9,600k
ASICMiner takes 20% of total hash power. This will generate 1,920k.
Assuming hardware sale income is 30% of mining profit, so this part is 576k.
(1920k+576k)/400k=6.24B/share
This is the total profit one can expect for 1 share of ASICMiner in the next 20 years.

value of 1 share of ASICMiner = share price + dividend = 6.24

How will the 6.24B be distributed between share price and dividend? Well, this depends on the investors' emotion and their view of the risk of future income. The gap between 6.24 and share price is risk compensation.
IMO, the share price will fluctuate between 3.x and 4.x in the future. 5+ price is too risky.

My 2 Satoshi.

Transaction Fees.

TX fee is negligible. Note, there is also cost of running a company,electricity, chip design, manufacture,etc.
TX fee encourages hoarding, punishes spending, which is bad.

[vlaoou321]

ASICMINER Weekly Write-up 07/03/2013

Dividend: BTC0.02297025
Previous 5wk Avg: BTC0.0269764
Previous All Time Avg: BTC0.01655679625

Hashrate estimate: 29.46TH/s
Network percentage: 15.3%

Share Price: BTC4.77
7day low: BTC3.266
7day High: BTC5.17

Friedcat Updates:
No posts from Friedcat save for 3 confirmations on the number of shares held by specific individuals.

Noteworthy Information:

• Rockxie, the distributor of ASICMINER products in China "leaked" some new information - Presentation - Translation
• Jutarul, a large holder of ASICMINER shares, held a public fixed price auction of 1,000 shares at BTC4.5 - Auction Post
• Rival posted some thoughts on the position and future of ASICMINER - Post

(http://www.asicminercharts.com/)


(http://runeks.dk/bitcoin/)

For more information on ASICMINER please visit https://asicminer.info/

Please send any comments, corrections, additions or suggestions to Aahzmundus.

Was this information valuable?  Consider leaving a tip at: 1AahzKNU7NgNJyQPx7BJDLSiFRhgSA2P7c

THANK YOU!