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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916266 times)
JordanL
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April 10, 2013, 03:16:50 PM
 #3021

Just got mine, BTC0.00695565 per share if I'm not mistaken.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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April 10, 2013, 03:17:44 PM
 #3022

The order of wafers and devices are not so much. What costs the largest part of money is the NRE of a full-mask set. We chose to do MLM from the start to reduce the NRE cost and hence the total money we need to raise during IPO, but the much higher margin cost and the refusal of the fab to produce any more with the MLM set resulted in the decision to do the full-mask. Because after it's done. The cost of each wafer will reduce by ~33% and the quantity limitation from the fab will be removed.

The next week will be a little lower because we still have some balance payments undone yet, but the largest cost will only be the electricity.

This was what I was referring to but I could have misinterpreted that.

Ah I see,  I guess i missed that.  Awesome anyways,  no problem spending money for fruitful development..
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April 10, 2013, 03:18:11 PM
 #3023

0.00695569 per share.

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April 10, 2013, 03:20:53 PM
 #3024

Got my div!  Love ASIC Miner!
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April 10, 2013, 03:21:59 PM
 #3025

Ah I see,  I guess i missed that.  Awesome anyways,  no problem spending money for fruitful development..

My thoughts exactly, so far "only" 262 TH/s has been announced but wouldn't have any qualms if they decided to get more. Especially if there is a Avalon Batch 4 announcement in the coming weeks.
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April 10, 2013, 03:31:04 PM
 #3026

Very nice return for this week.  I thought it was going to be less than last week, and it turns out to be more than double. 

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April 10, 2013, 04:02:15 PM
 #3027

How long till the BTCT.CO  PT share get their dividends?
 

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April 10, 2013, 04:04:04 PM
 #3028

They have to manually send them out, usually happens within 24 hours or less... give him some time.

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April 10, 2013, 04:06:04 PM
 #3029

How long till the BTCT.CO  PT share get their dividends?
 

Definately not before the Divident Transaction is confirmed. So far mine isn't. Just give it a little time

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April 10, 2013, 04:12:43 PM
 #3030

Very nice return for this week.  I thought it was going to be less than last week, and it turns out to be more than double.  

If my mem is corect and it might not be, this is less? unless you count fiat? im not really sure, some one help me

Dividends thus far:

Div Pay Dates     Div/Share
02/29 (IPO)         0.023545
03/06 (IPO)         0.019163
03/13 (IPO)         0.023786
03/20 (IPO)         0.025998
03/24 (IPO)         0.007508
03/27                 0.003775
04/03                 0.002556
04/10                 0.006956
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April 10, 2013, 05:40:30 PM
 #3031

It implies that mining bitcoins with namecoins can give 13% more earnings. I wonder if thats true but if yes, then it would be a not small loss. Too bad that its not possible with stratum.

Merged mining NMC would provide 5.5% additional profit according to http://dustcoin.com/mining

I believe the person that wrote the 13% did it a week ago and the bitcoin price skyrocketed a lot in the last time. So i believe it could be that at that time the earnings were so high.
But it looks like it could be even now around 9% more than we earn because there are different other Coins that could be merged mined. Calculated in Bitcoins. Only when we would merge mine. That is mining bitcoins and at the same time, without changing anything than the numbers based for calculation of the hash, we could mine other coins too. We would still earn the same Bitcoins but other coins on top. These coins could be turned into bitcoins and paid out as dividend too.
And like i read... stratum can handle this.

Don't get me wrong, I'm all for bigger dividends. I'll say that I only have a very general understanding of mining and lesser on altcoin mining but it would require some effort (ranging from a single click of a button to dedicating resources and manpower). For now, I would rather have all efforts focused on increasing hashrate and maintaining it but I'm sure friedcat could address it in a future update if the demand is there.

Just my two 0.02BTC

Yeah, i would like to have the deployment move on too, but it looks like they cant do it because of the power and network problems. So as long as it stops there the possibility to raise the earnings by changing the pool to a merged mining pool could give nearly 9% more in an instant. Thats like mining with nearly 8TH than the 7.2TH we have now... Sounds at least interesting to me... Since eleuthria from BTC Guild didnt answer i will ask in the pool-list-thread what pools could do this...

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April 10, 2013, 06:38:20 PM
 #3032

Bitparking is a nice MM pool supporting stratum. May be worth a try...
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April 10, 2013, 10:53:39 PM
 #3033

It implies that mining bitcoins with namecoins can give 13% more earnings. I wonder if thats true but if yes, then it would be a not small loss. Too bad that its not possible with stratum.

Merged mining NMC would provide 5.5% additional profit according to http://dustcoin.com/mining

I believe the person that wrote the 13% did it a week ago and the bitcoin price skyrocketed a lot in the last time. So i believe it could be that at that time the earnings were so high.
But it looks like it could be even now around 9% more than we earn because there are different other Coins that could be merged mined. Calculated in Bitcoins. Only when we would merge mine. That is mining bitcoins and at the same time, without changing anything than the numbers based for calculation of the hash, we could mine other coins too. We would still earn the same Bitcoins but other coins on top. These coins could be turned into bitcoins and paid out as dividend too.
And like i read... stratum can handle this.

...
The blatantly obvious point to note is that if asicminer was mining THAT MANY nmc and selling them, the NMC -> BTC price would of course drop drastically ...

It's like saying, wow difficulty is 7672999.920164138 - if I mined with (added) 200TH/s I'd get ... 12977.38710926 BTC a day! Cheesy
( I'll leave it to you to work out the mistake with saying that Smiley )

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April 10, 2013, 11:02:22 PM
 #3034

It implies that mining bitcoins with namecoins can give 13% more earnings. I wonder if thats true but if yes, then it would be a not small loss. Too bad that its not possible with stratum.

Merged mining NMC would provide 5.5% additional profit according to http://dustcoin.com/mining

I believe the person that wrote the 13% did it a week ago and the bitcoin price skyrocketed a lot in the last time. So i believe it could be that at that time the earnings were so high.
But it looks like it could be even now around 9% more than we earn because there are different other Coins that could be merged mined. Calculated in Bitcoins. Only when we would merge mine. That is mining bitcoins and at the same time, without changing anything than the numbers based for calculation of the hash, we could mine other coins too. We would still earn the same Bitcoins but other coins on top. These coins could be turned into bitcoins and paid out as dividend too.
And like i read... stratum can handle this.

...
The blatantly obvious point to note is that if asicminer was mining THAT MANY nmc and selling them, the NMC -> BTC price would of course drop drastically ...

It's like saying, wow difficulty is 7672999.920164138 - if I mined with (added) 200TH/s I'd get ... 12977.38710926 BTC a day! Cheesy
( I'll leave it to you to work out the mistake with saying that Smiley )

Thats a point... i didnt think about that the NMC could be so weak. Otherwise... who says that the price has to drop... you could put the NMC in the orderbook and wait until its sold out instead selling all at once and put the price down. Im not sure if it would work out... but i know when i have my avalon i wont miss this chance to earn some extra income... 7TH into NMC-Network will be a lot of course, thats true.

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April 11, 2013, 01:09:45 AM
 #3035

So how does one buy shares? Excuse me for not reading, but this is a huge thread.

And are these shares bought with fiat or BTC? Basically, how do I get on board? And do these guys sell any ASIC miners?

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
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April 11, 2013, 01:40:09 AM
 #3036

So how does one buy shares? Excuse me for not reading, but this is a huge thread.

And are these shares bought with fiat or BTC? Basically, how do I get on board? And do these guys sell any ASIC miners?

https://bitcointalk.org/index.php?topic=159194.0

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April 11, 2013, 01:51:55 AM
 #3037


Bu-but that has TWO pages of posts to go through...
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April 11, 2013, 01:54:04 AM
 #3038

It implies that mining bitcoins with namecoins can give 13% more earnings. I wonder if thats true but if yes, then it would be a not small loss. Too bad that its not possible with stratum.

Merged mining NMC would provide 5.5% additional profit according to http://dustcoin.com/mining

I believe the person that wrote the 13% did it a week ago and the bitcoin price skyrocketed a lot in the last time. So i believe it could be that at that time the earnings were so high.
But it looks like it could be even now around 9% more than we earn because there are different other Coins that could be merged mined. Calculated in Bitcoins. Only when we would merge mine. That is mining bitcoins and at the same time, without changing anything than the numbers based for calculation of the hash, we could mine other coins too. We would still earn the same Bitcoins but other coins on top. These coins could be turned into bitcoins and paid out as dividend too.
And like i read... stratum can handle this.

...
The blatantly obvious point to note is that if asicminer was mining THAT MANY nmc and selling them, the NMC -> BTC price would of course drop drastically ...

It's like saying, wow difficulty is 7672999.920164138 - if I mined with (added) 200TH/s I'd get ... 12977.38710926 BTC a day! Cheesy
( I'll leave it to you to work out the mistake with saying that Smiley )

Thats a point... i didnt think about that the NMC could be so weak. Otherwise... who says that the price has to drop... you could put the NMC in the orderbook and wait until its sold out instead selling all at once and put the price down. Im not sure if it would work out... but i know when i have my avalon i wont miss this chance to earn some extra income... 7TH into NMC-Network will be a lot of course, thats true.
A large askwall would prevent the price from going up, and therefore drop the price as people realize it's not going to increase.
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April 11, 2013, 02:03:31 AM
 #3039


To be fair, it MAY be on the second page of the Securities forum.

To be mean, it is the 6th search result for asicminer.

What's the thoughts 'round these parts for bumping threads to keep them alive?  Maybe keep the thread alive by posting the weekly dividends there?

Beware the weak hands!
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April 11, 2013, 05:54:03 PM
 #3040

still no update :-(
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