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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3917040 times)
John (John K.)
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March 27, 2013, 03:57:18 PM
 #2641

0.003775 per share confirmed.  Cry
Glasswalker
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March 27, 2013, 04:00:32 PM
 #2642

Again, everyone needs to keep in mind this is the first share at the "normal" rate, after a difficulty increase, before deploying another 6THash of miners. And this is only partial for a couple days. Normally it's a full week.

It's still a bit lower than I expected, but not horrible. Will have to look forward to post tomorrow from friedcat about status of rolling out that additional hashing power.

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friedcat (OP)
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March 27, 2013, 04:01:04 PM
 #2643

First week's normal dividends paid. The balance payment of the next batch, as well as the premium for a full-mask to guarantee our quantity production (200 TH/s or more, depending on how well BTC/USD could do) within the next three months, are partly taken from this week's revenue and the next week's. So the dividends within these two weeks are lower than normal.

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March 27, 2013, 04:16:25 PM
 #2644

First week's normal dividends paid. The balance payment of the next batch, as well as the premium for a full-mask to guarantee our quantity production (200 TH/s or more, depending on how well BTC/USD could do) within the next three months, are partly taken from this week's revenue and the next week's. So the dividends within these two weeks are lower than normal.

I'll take the dividend cut now for more hashpower later, investing for the future is always smart. Was 200 TH/s a typo because holy $#!+ if that is correct. friedcat for president!
davecoin
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March 27, 2013, 04:39:00 PM
 #2645

Not a typo.
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March 27, 2013, 04:42:07 PM
 #2646

Congratulations to the Bitfountain founders on receiving their first dividends!


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March 27, 2013, 05:15:25 PM
 #2647

First week's normal dividends paid. The balance payment of the next batch, as well as the premium for a full-mask to guarantee our quantity production (200 TH/s or more, depending on how well BTC/USD could do) within the next three months, are partly taken from this week's revenue and the next week's. So the dividends within these two weeks are lower than normal.

couldnt help myself, had to smile! awesome !!!  Grin
SebastianJu
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March 27, 2013, 05:18:46 PM
 #2648

What i wonder is why in the third week in follow its the same hashrate. I mean there are problems with the powerconnector and the network, ok. But there is plenty of money to buy network-hardware or whatever and at least a couple of persons that are working on the problem. I really would like to peek sometimes whats going on. But i think even more i would like to peek at BFL and see what they do.

How about a webcam streaming live into the net? We could see what you do and you could communicate without loss of time whats going on. There are free websites that host such streams. Of course that would only be fine if everyone would be ok with being filmed.
But it was only an idea... nothing real... Wink

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March 27, 2013, 05:34:58 PM
 #2649

Any prediction about future dividends? Tongue

We'll see... Dividends today?
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March 27, 2013, 06:12:14 PM
 #2650

Any prediction about future dividends? Tongue

We'll see... Dividends today?

0.003775 per share if I'm not mistaken. I'm glad to see profits being invested to insure future growth as well.

This is my first post in this thread and I would like to thank friedcat and his team for all the hard work. Investing in ASICMINER turned out to be a very good choice and I appreciate how everything has been handled, including the whole GLBSE mess. Keep it up Smiley
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March 27, 2013, 07:10:39 PM
 #2651

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.
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March 27, 2013, 07:22:38 PM
 #2652

After 2 hours already (?) 0 validations in my bitcoin wallet for the dividend transaction. Is this normal?
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March 27, 2013, 07:28:56 PM
 #2653

After 2 hours already (?) 0 validations in my bitcoin wallet for the dividend transaction. Is this normal?
for me ~3½hrs.
Looks like another blockchain split or something along the lines.

Also for last 24h: http://bitcoincharts.com/bitcoin/
that is a lot of bitcoin sent! (3mil+ or ~27.3% of all bitcoins in circulation)

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telemaco
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March 27, 2013, 07:37:58 PM
 #2654

Could it have something to do with Spamhaus & Cyberbunker internet shortage?

JimiQ84
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March 27, 2013, 07:38:40 PM
 #2655

After 2 hours already (?) 0 validations in my bitcoin wallet for the dividend transaction. Is this normal?
for me ~3½hrs.
Looks like another blockchain split or something along the lines.

Also for last 24h: http://bitcoincharts.com/bitcoin/
that is a lot of bitcoin sent! (3mil+ or ~27.3% of all bitcoins in circulation)


Probably just bad luck and some miners stopping mining for various reasons. Maybe people are switching to LTC or something.
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March 27, 2013, 07:54:21 PM
 #2656

After 2 hours already (?) 0 validations in my bitcoin wallet for the dividend transaction. Is this normal?
for me ~3½hrs.
Looks like another blockchain split or something along the lines.

Also for last 24h: http://bitcoincharts.com/bitcoin/
that is a lot of bitcoin sent! (3mil+ or ~27.3% of all bitcoins in circulation)


Probably just bad luck and some miners stopping mining for various reasons. Maybe people are switching to LTC or something.

more like the diffculty being so high and no more asics being shipped.
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March 27, 2013, 07:55:47 PM
 #2657

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.
JimiQ84
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March 27, 2013, 08:01:33 PM
 #2658

I am kinda worried that currently user 67117 on btcGuild has only 5500 GH/s instead of 6500 GH/s.
irritant
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March 27, 2013, 08:03:07 PM
 #2659

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.

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
vortex1878
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March 27, 2013, 08:10:11 PM
 #2660

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.

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
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