ASICMINER: Entering the Future of ASIC Mining by Inventing It

[ThickAsThieves]

It's funny how so many of you want to focus on my position or lackthereof in AM. Who cares?

The real purpose of my posts was to turn focus on the repeatedly missed timelines for hashing release. Yet for some reason:

hey will likely to keep mining at 30%-40% of BTC network hash rate perpetually ... since AM will be 50TH in 1-2 months, no other competitor can even come close.

^ Those are all guesses, not even close to guaranteed. Hell, not even Friedcat has asserted the claims you just made.

Since mid-february, AM has put up roughly 8TH and begun selling blades. Those are the only facts.

[pyra-proxy]

Is there a nice concise place to see their hash rate, planned deployments/orders/sell rate?  Also, owning shares of AM entitle you to profits made on chip sells as well as mining profits right? Since its company ownership not miner ownership right?

Thanks for feedback in advance!

[msm595]

Also, owning shares of AM entitle you to profits made on chip sells as well as mining profits right? Since its company ownership not miner ownership right?

Correct, as a shareholder you are entitled to chip sales profits as well.

[ineededausername]

Just saw this from a Smoothie post!

http://www.youtube.com/watch?v=-eF6FSdur8k

BFL Jalapeno assembly.

In the description, Josh claims that they'll have 10-20 Jalapenos per week rolling out from these machines, 100 GH/s per week... by the end of May.
Since they are BFL, that means the end of June!

BFL: 100 GH/s per week rolled out
Avalons: won't come out for 9-10 wks, and might still be delayed
Bitfountain: 7.5 TH/s per week

Waiting for shares to go to 2 BTC each.

For the record and for those that don't get it, this is a joke. It's a funny one, but still not quite real :-)

.b

Oh damn, rewatched and noticed the memory slots.  My sarcasm meter is malfunctioning...

[gog1]

Just saw this from a Smoothie post!

http://www.youtube.com/watch?v=-eF6FSdur8k

BFL Jalapeno assembly.

In the description, Josh claims that they'll have 10-20 Jalapenos per week rolling out from these machines, 100 GH/s per week... by the end of May.
Since they are BFL, that means the end of June!

BFL: 100 GH/s per week rolled out
Avalons: won't come out for 9-10 wks, and might still be delayed
Bitfountain: 7.5 TH/s per week

Waiting for shares to go to 2 BTC each.

I thought someone received in China their Avalon batch 2 already.

[aahzmundus]

Dividends... lets talk about them.

SO lets assume we mine at an average of 8th/s I think that is conservative all things considered.  That gives us about 0.00706 per share.  Now the auction will be done before dividends pay out, so I assume we will include that this week.  John has yet to do an official tally but I am going to assume none of them will go for less then 25btc each.  That's another .003125 per share.

That brings us to .010185 per share.  BUT I imagine our average will be much higher then 8th, considering we are on the way to 15.. and I imagine the ASIC's will sell for much more then 25, considering previous auction at 75, BFL yet to significantly ship, and still well over half of the auction to go...

SO!  Better buy up your shares before other people realize we are about to see a huge spike in dividends!  If anyone has a fair number of shares they would like to sell because they think this stock is overvalued, contact me.

[VJain]

Just a reminder for those who didn't see - Next block of Block Erupters are on auction - 50 this time .

https://bitcointalk.org/index.php?topic=189248

[JaredR26]

Dividends... lets talk about them.

SO lets assume we mine at an average of 8th/s I think that is conservative all things considered.  That gives us about 0.00706 per share.  Now the auction will be done before dividends pay out, so I assume we will include that this week.  John has yet to do an official tally but I am going to assume none of them will go for less then 25btc each.  That's another .003125 per share.

That brings us to .010185 per share.  BUT I imagine our average will be much higher then 8th, considering we are on the way to 15.. and I imagine the ASIC's will sell for much more then 25, considering previous auction at 75, BFL yet to significantly ship, and still well over half of the auction to go...

SO!  Better buy up your shares before other people realize we are about to see a huge spike in dividends!  If anyone has a fair number of shares they would like to sell because they think this stock is overvalued, contact me.

You are assuming of course that AM doesn't have expenses, or better yet, reinvestment like the 200Th to pay for.

I'd love to see more reinvestment Friedcat! *psst*

[John (John K.)]

Dividends... lets talk about them.

SO lets assume we mine at an average of 8th/s I think that is conservative all things considered.  That gives us about 0.00706 per share.  Now the auction will be done before dividends pay out, so I assume we will include that this week.  John has yet to do an official tally but I am going to assume none of them will go for less then 25btc each.  That's another .003125 per share.

That brings us to .010185 per share.  BUT I imagine our average will be much higher then 8th, considering we are on the way to 15.. and I imagine the ASIC's will sell for much more then 25, considering previous auction at 75, BFL yet to significantly ship, and still well over half of the auction to go...

SO!  Better buy up your shares before other people realize we are about to see a huge spike in dividends!  If anyone has a fair number of shares they would like to sell because they think this stock is overvalued, contact me.

We're at 1523.5BTC total now. 
0.00380875 per share!

[Mausini]

8.3 on BTC Guild 

[aahzmundus]

Dividends... lets talk about them.

SO lets assume we mine at an average of 8th/s I think that is conservative all things considered.  That gives us about 0.00706 per share.  Now the auction will be done before dividends pay out, so I assume we will include that this week.  John has yet to do an official tally but I am going to assume none of them will go for less then 25btc each.  That's another .003125 per share.

That brings us to .010185 per share.  BUT I imagine our average will be much higher then 8th, considering we are on the way to 15.. and I imagine the ASIC's will sell for much more then 25, considering previous auction at 75, BFL yet to significantly ship, and still well over half of the auction to go...

SO!  Better buy up your shares before other people realize we are about to see a huge spike in dividends!  If anyone has a fair number of shares they would like to sell because they think this stock is overvalued, contact me.

You are assuming of course that AM doesn't have expenses, or better yet, reinvestment like the 200Th to pay for.

I'd love to see more reinvestment Friedcat! *psst*

True, but isn't electricity cost relatively small?  And aren't the 200th already paid for?  It would be interesting to see the financials of how much our fixed costs are per running TH/s

[Mausini]

8.3 on BTC Guild 

8.4! It seems sales, dev and deployment are all going very smoothly now. Bright future ahead!

[btceic]

Any updated info on the usb miners?

[furuknap]

Any updated info on the usb miners?

According to friedcat's latest update, they should be 'ready' next week (as in sometime after tomorrow) but no further details on what 'ready' means.

.b

[John (John K.)]

The estimated dividend increase from the current ASICMiner sale is now calculated automatically!
See: https://docs.google.com/spreadsheet/ccc?key=0AiYcEqkgyjc_dEM5Z19DdUxzV3VBVjlvcVBQTFNOYmc#gid=0
Current estimated increase per share: 0.00389625 BTC

[John (John K.)]

The estimated dividend increase from the current ASICMiner sale is now calculated automatically!
See: https://docs.google.com/spreadsheet/ccc?key=0AiYcEqkgyjc_dEM5Z19DdUxzV3VBVjlvcVBQTFNOYmc#gid=0
Current estimated increase per share: 0.00389625 BTC

Removed the count from the sheet for clarity, but I'll still update here. 

[btceic]

Any updated info on the usb miners?

According to friedcat's latest update, they should be 'ready' next week (as in sometime after tomorrow) but no further details on what 'ready' means.

.b

Thanks furuknap, I am waiting anxiously like everybody else!

[lophie]

How about adding:
- D27="Estimated Per Share"
- E27=E26/400000

Would make it easier visually. And could grab it via google apps api

[John (John K.)]

How about adding:
- D27="Estimated Per Share"
- E27=E26/400000

Would make it easier visually. And could grab it via google apps api

I did that before I deleted it, but due to clarity reasons I removed it. (as ASICMiner divs aren't really pertaining to that auction.  )
I had a ton of PM's wondering what on earth is that.

[furuknap]

Share price broke down the 1.30 wall.

http://youtu.be/UtKADQnjQmc

.b