ASICMINER: Entering the Future of ASIC Mining by Inventing It

[stripykitteh]

AM, on the other hand, has already done both mining and equipment sales, and have a ton of other options too. One of the business areas is a fixed reward game, which is a problem if that were the only business area, but like BFL and Avalon, AM can easily shift focus to more equipment sales, which is a non-fixed reward game, or any number of other related ventures, fixed or not.

In other words, I can't really see that even with upcoming farms like 100TH, vendors like BFL/Avalon, that any of them can compete with AM simply due to the flexibility of AMs operation.

.b

Yes, AM appear to be "strategically nimble".

Setting up a blade farm and getting it working properly requires investment and expertise, but once you've done it you can build it out fairly efficiently. New farms will have to cover a lot of ground to catch up.

Announcing an auction and having blades in the hands of customers in a week or so puts AM way ahead of Avalon (2-3 months) and BFL (heat-death of universe). People will pay a premium for AM products because they can measure the risk.

[SebastianJu]

Looks like the dividend estimation chart was more correct than i thought. Must be because the last week was still much rising, so it couldnt be mined with the double hashpower all 7 days. But its a great development anyway...

It is about off 10% because hij takes the div's from today also into account (last 7 days)
I'm working on a filter to get them from 'yesterday minus 7 days' since the payouts aren't probably paid instant.  
That would mean a 1.5% off for this week... fair enough   _{(and probably a bit luck )}

Yes... ill observe this graph carefully...

[SaintFlow]

I still remember when i was pissed cause price sparked 10% after IPO ....
not being shure if it might be actually worth anything ....

One hell of a fried cat!

[velacreations]

There's a block erupter blade on ebay!

[lophie]

BTW TAT passthrough delivered the dividends faster than it was mentioned in this thread. An applause to the PT issuer, You sir are great. 

[eiprol]

wow, amazing dividend. Waiting to get it through BTCT...!! I still remember when bought shares at IPO 0.1...  I think AM its the best investment I made!

  bright future to AM!

[louong]

There's a block erupter blade on ebay!

http://www.ebay.com/itm/Bitcoin-Block-Erupter-ASIC-Miner-13GH-s-IN-HAND-SHIPS-IMMEDIATELY-NOT-BFL-/151041720632?pt=LH_DefaultDomain_2&hash=item232ac9c138
Bitcoin Block Erupter ASIC Miner 13GH/s *IN HAND* *SHIPS IMMEDIATELY* NOT BFL

[gramma]

http://www.ebay.com/itm/Bitcoin-Block-Erupter-ASIC-Miner-13GH-s-IN-HAND-SHIPS-IMMEDIATELY-NOT-BFL-/151041720632?pt=LH_DefaultDomain_2&hash=item232ac9c138
Bitcoin Block Erupter ASIC Miner 13GH/s *IN HAND* *SHIPS IMMEDIATELY* NOT BFL

And already two bids on it.

[aahzmundus]

I wonder who owns the blade... it is someone who bought at least 4...

Come on people, lets figure out the bitcointalk username of this seller.

[puck2]

I wonder who owns the blade... it is someone who bought at least 4...

Come on people, lets figure out the bitcointalk username of this seller.

teek

https://bitcointalk.org/index.php?action=profile;u=41079

[teek]

I wonder who owns the blade... it is someone who bought at least 4...

Come on people, lets figure out the bitcointalk username of this seller.

teek

https://bitcointalk.org/index.php?action=profile;u=41079

Quick!  Let's tar and feathercoin him!   

[Noitev]

and BFL (heat-death of universe). People will pay a premium for AM products because they can measure the risk.

I can see the last proton decaying and then BFL announces orders are shipping. Free express upgrade and 20% coupon too!

[aahzmundus]

I wonder who owns the blade... it is someone who bought at least 4...

Come on people, lets figure out the bitcointalk username of this seller.

teek

https://bitcointalk.org/index.php?action=profile;u=41079

Quick!  Let's tar and feathercoin him!   

SO any reason you are selling it?  It will be interesting to see what it fetches....  I imagine most of the people willing to drop lots of money on mining equipment would have been involved in the BTC auctions... but then again ebay has a larger audience...

Good luck to you sir!

[scrybe]

I wonder who owns the blade... it is someone who bought at least 4...

Come on people, lets figure out the bitcointalk username of this seller.

teek

https://bitcointalk.org/index.php?action=profile;u=41079

Quick!  Let's tar and feathercoin him!   

Tar? Nah! Just douse him in BBQCoin and then FeatherCoin and you can keep it in the Altcoin world entirely

[teek]

I wonder who owns the blade... it is someone who bought at least 4...

Come on people, lets figure out the bitcointalk username of this seller.

teek

https://bitcointalk.org/index.php?action=profile;u=41079

Quick!  Let's tar and feathercoin him!   

Tar? Nah! Just douse him in BBQCoin and then FeatherCoin and you can keep it in the Altcoin world entirely

https://bitcointalk.org/index.php?topic=193588.0       

[teek]

I wonder who owns the blade... it is someone who bought at least 4...

Come on people, lets figure out the bitcointalk username of this seller.

teek

https://bitcointalk.org/index.php?action=profile;u=41079

Quick!  Let's tar and feathercoin him!   

SO any reason you are selling it?  It will be interesting to see what it fetches....  I imagine most of the people willing to drop lots of money on mining equipment would have been involved in the BTC auctions... but then again ebay has a larger audience...

Good luck to you sir!

thanks,  no particular reason.  more or less "for science"   

[ineededausername]

Xpost: Wednesday Dividend Update -- summary of today's and this week's news.
https://bitcointalk.org/index.php?topic=197545.0

For the week 1-8 May 2013, the dividend was 0.01108519 BTC per share.

Dividend projections.
As of this moment, ASICMINER is operating 18,530 GH/s of hashpower, which is estimated at current difficulty to produce 5,825 BTC per week, after 10% fees/maintenance, or 0.0145 BTC per share per week.
If ASICMINER continues to grow at minimal rate of 3 TH/s per week, we will see at least 21,530 GH/s of hashpower, or 6,768 BTC next week, which will be 0.0169 BTC per share.
If ASICMINER grows at 7 TH/s per week, the dividend will be approximately 0.02 BTC per share.
If ASICMINER meets top growth rate estimates of 10 TH/s per week, the dividend will be approximately 0.0224 BTC per share.

The latest news up to 8 May 2013.
> 200 TH/s has been ordered for 2-3mo deployment timeframe.
> USB devices fully tested, 10,000 units ready for order at 1.99 BTC each.
> Block Erupter sales have produced an average of 50 BTC per unit, or a total of ~2500 BTC in the latest auction.
> If 10 TH/s is sold as planned in Block Erupter auctions at 50 BTC per 10 GH/s unit, Bitfountain will receive 50000 BTC, which is a healthy 0.125 BTC per share in dividends.
> 50 TH/s is estimated to be fully deployed by June of this year.

[davecoin]

Very nice post. Thanks.

[SmiGueL]

Dividend projections.
As of this moment, ASICMINER is operating 18,530 GH/s of hashpower, which is estimated at current difficulty to produce 5,825 BTC per week, after 10% fees/maintenance, or 0.0145 BTC per share per week.
If ASICMINER continues to grow at minimal rate of 3 TH/s per week, we will see at least 21,530 GH/s of hashpower, or 6,768 BTC next week, which will be 0.0169 BTC per share.
If ASICMINER grows at 7 TH/s per week, the dividend will be approximately 0.02 BTC per share.
If ASICMINER meets top growth rate estimates of 10 TH/s per week, the dividend will be approximately 0.0224 BTC per share.

Thanks for the update, very nice summary

But let me make some small corrections (just to avoid disappointments @ next week's payday  )

As of this moment, ASICMINER is operating 18,530 GH/s of hashpower.

- If ASICMINER grow at a rate of 3 TH/s this week, we will see an average of 20,03 TH/s of hashpower, which will be ~0.01527 BTC per share.
- If ASICMINER grows with 7 TH/s next week, the average hashpower is 22,03 TH/s, and the dividend will be approximately ~0.01680 BTC per share.
- If ASICMINER meets top growth rate estimates of 10 TH/s next week, the average hashrate is 23,53 TH/s, and the dividend will be approximately ~0.01794 BTC per share.

_{*BTC/share calculation included 10% for fee + electricity + maintenance costs and 3% because of the difficulty change.
The payouts can be a little bit lower because of course the next dividents can only be paid from the already received coins, what will mean the earned coins from today and maybe some from yesterday were mined at a lower hashrate.}

[Maciek]

All asks are > 1.29 on the passthroughs... Perhaps the last chance for AM shares under 1.25/share!

https://bitcointalk.org/index.php?topic=196273.new#new

You can get fractional shares a little bit cheaper... while they last!
https://bitfunder.com/asset/TAT.ASICMINER
https://btct.co/security/TAT.ASICMINER

+1