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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918354 times)
ThatDGuy
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June 05, 2013, 04:28:09 PM
 #6581

Amazing - unexpectedly high!
VeeMiner
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bitcoin hodler


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June 05, 2013, 04:28:31 PM
 #6582

Friedcat, you're the best!! This has been the best investment in my life and I will hold on to these shares even if someone was offering me 5 BTC for each
muyuu
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June 05, 2013, 04:30:40 PM
 #6583


GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
ronaldlee0917
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June 05, 2013, 04:32:28 PM
 #6584

I regret I sold 5 of my shares last week, luckily I still have 10 Cheesy

Donation:    18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu
Mastercoin - A new protocol layer built on top of Bitcoin
saveawedge
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June 05, 2013, 04:33:06 PM
 #6585

I was very optimistic on the divs this week but this has far surpassed my expectation. Thank you friedcat and team.
Aajo
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June 05, 2013, 04:33:12 PM
 #6586

I still did not received satoshis or divs for my direct shares. Anyone with same problem? Do we have some transactions stuck again or is this just me?

+1
gog1
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June 05, 2013, 04:34:43 PM
 #6587

Noticed that the time between blocks in the last 24 hours is 6.82 minutes, which of course means that mining dividends are juiced at the moment. Next difficulty adjustment is going to be horrific.

But to get to 0.038 means that there must have been a helluva lot of hardware sales as well. Well done Granny for buying all those blades, we love your work! Now we know why Josh looks disappointed...

I guess now we know what caused the difficulty to skyrocket.
VJain
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June 05, 2013, 04:36:16 PM
 #6588

I love this thread and I love you guys. Especially Smig's granny there Tongue.

@TAT - I'd be willing to help comb through this thread (from hereon out) to help compile a list of questions to direct towards shareholders. Could easily set up a simple webapp where people submit questions and we can post the reply's/answers to them. Or a simple forum post if that would be preferable. Want me to PM you or did you already get a few people onboard?

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
stripykitteh
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June 05, 2013, 04:44:00 PM
 #6589

I still did not received satoshis or divs for my direct shares. Anyone with same problem? Do we have some transactions stuck again or is this just me?

+1

My transactions have 0 confs, but I can still see the amounts. I'd like to reinvest my divis but it's not going to happen until tomorrow I guess.

 
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conv3rsion
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June 05, 2013, 04:44:07 PM
 #6590

I still did not received satoshis or divs for my direct shares. Anyone with same problem? Do we have some transactions stuck again or is this just me?


100 BLOCKS! We have to go through this every week with new shareholders don't we.
ThickAsThieves
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June 05, 2013, 04:46:27 PM
 #6591

I love this thread and I love you guys. Especially Smig's granny there Tongue.

@TAT - I'd be willing to help comb through this thread (from hereon out) to help compile a list of questions to direct towards shareholders. Could easily set up a simple webapp where people submit questions and we can post the reply's/answers to them. Or a simple forum post if that would be preferable. Want me to PM you or did you already get a few people onboard?

pm me and FrankTank, we'll get this thing started
CanadianGuy
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June 05, 2013, 05:42:37 PM
 #6592

I still did not received satoshis or divs for my direct shares. Anyone with same problem? Do we have some transactions stuck again or is this just me?


100 BLOCKS! We have to go through this every week with new shareholders don't we.

why don't we just say that dividend day is thursday... that way people will always think they're getting them early and will maybe stfu
HTML5 Gordon
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June 05, 2013, 05:48:55 PM
 #6593

I still did not received satoshis or divs for my direct shares. Anyone with same problem? Do we have some transactions stuck again or is this just me?


100 BLOCKS! We have to go through this every week with new shareholders don't we.

why don't we just say that dividend day is thursday... that way people will always think they're getting them early and will maybe stfu

This sounds like a good idea.  Cool
g83
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June 05, 2013, 05:50:43 PM
 #6594

i hold shares on bitfunder and normally get them on friday,
nice to see every week same ol story - where my divs@
MikkisJ
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June 05, 2013, 06:06:43 PM
 #6595

i hold shares on bitfunder and normally get them on friday,
nice to see every week same ol story - where my divs@

At what point in time one has to have BitFunder Pass Through shares to get divs? Is it when dividends are paid from AM or when dividents are paid inside of BitFunder?
Ozymandias
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June 05, 2013, 06:34:30 PM
 #6596

i hold shares on bitfunder and normally get them on friday,
nice to see every week same ol story - where my divs@

At what point in time one has to have BitFunder Pass Through shares to get divs? Is it when dividends are paid from AM or when dividents are paid inside of BitFunder?

The latter
runeks
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June 05, 2013, 06:54:17 PM
 #6597

I don't think it's sensible to reduce prices now if people are paying 50 BTC per Blade. Wait until demand has dried out at that price and adjust prices quickly and aggressively.
You assume that lowering the price will result in the same amount of sales. In reality lowering price usually increases sales as demand and supply match again after changes. Selling 200 blades at 30BTC is more than 100 blades at 50BTC. Another point here is better ROI for buyers, as they are more likely to buy more hardware in the future if they manage to make some BTC. At current prices it's very likely some buyers may not get back their investment which will be disappointing for them and will kill the desire to buy more hardware in the future.

Lowering price in steps dynamically can increase total revenues as opposed to waiting for demand to "dry out". In case of waiting for it to dry out total revenues may plunge to a point where only a handful of blades are sold per week.

Taking into account that producing hardware costs very little, lowering price dynamically in steps according to competition and price trends results in better total revenues.

I'm not saying when and what should be done, I believe they at AM know what to do, this is just a comment for thread readers who speculate AM strategies.
I agree with this. I corrected myself in a subsequent post. ASICMiner should definitely try to maximize profits from hardware sales by executing auctions at regular intervals, to gauge the market price.

But this also depends on how many Blades they can actually manufacture.

In any case, I have faith in friedcat and his team, and that they are aware of this.
velacreations
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June 05, 2013, 07:06:28 PM
 #6598

I guess I shouldn't have sold my AM shares to buy BFL pre-orders...  Tongue

iCEBREAKER
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June 05, 2013, 07:25:26 PM
Last edit: June 05, 2013, 07:40:03 PM by iCEBREAKER
 #6599

I guess I shouldn't have sold my AM shares to buy BFL pre-orders...  Tongue
Oops.

/strikes again!



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velacreations
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June 05, 2013, 07:28:32 PM
 #6600

I guess I shouldn't have sold my AM shares to buy BFL pre-orders...  Tongue
Oops.

/strikes again!

I know it! 

no, I could never sell my shares, I take every opportunity to buy more AM shares.  It was a joke about what someone was saying earlier today that we should sell shares cause BFL is shipping orders to people who have been waiting for a year. 

I like making money, therefore I own AM shares.

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