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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3916356 times)
dhenson
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June 11, 2013, 08:08:24 AM
 #6961

Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

Owning direct shares are more secure as you are only exposed to the risk of Asicminer defaulting or friedcat not honoring payouts (not likely).

You add another layer of risk by owning PT shares.

However, PT shares are much more liquid as you can buy and sell them very easily.  You can also buy as small as 1/100th of a share (TAT).

Basically it's a tradeoff, Ease of entry vs. security.

Also PT shares receive a slightly smaller dividend (I believe -%5)
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lophie
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June 11, 2013, 08:13:06 AM
 #6962

Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

Owning direct shares are more secure as you are only exposed to the risk of Asicminer defaulting or friedcat not honoring payouts (not likely).

You add another layer of risk by owning PT shares.

However, PT shares are much more liquid as you can buy and sell them very easily.  You can also buy as small as 1/100th of a share (TAT).

Basically it's a tradeoff, Ease of entry vs. security.

Also PT shares receive a slightly smaller dividend (I believe -%5)

Only the micro does. G.ASICMINER-PT recieve them in full.

Will take me a while to climb up again, But where is a will, there is a way...
g83
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June 11, 2013, 08:19:43 AM
 #6963

Shareprice is going up...
MikkisJ
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June 11, 2013, 10:04:20 AM
 #6964

Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

There is a thread explaining these things, anyone can post the link?
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June 11, 2013, 10:35:55 AM
 #6965

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...
runeks
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June 11, 2013, 11:42:39 AM
 #6966

Runeks, love your chart!  Would it be possible to adjust your second chart, or add a new one, so that there is an overlay of the previous week(s)?  Basically I want to easily at a glance see if we are doing better or worse then last week without having to hover over the line and count the days.  Donations incoming after I get my next divs (spent last weeks on hookers and blow already) as I realize I look at your chart daily, and I have yet to donate to you!
Thanks! Donations are very much appreciated, and very motivating. Smiley

I'm working on this now. It might take some time, as I'll need to restructure some things.

Also, I'm changing my donation address on the page, because the one displayed is from Bitcoin Qt, and I'm using Armory now. Just so you're not surprised if you see a new one the next time you look (I still have the Bitcoin Qt wallet, so they're not lost if they're sent to that address, I just don't see them until I open up Bitcoin Qt again).
CanadianGuy
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June 11, 2013, 12:19:55 PM
 #6967

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?
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June 11, 2013, 12:37:56 PM
Last edit: June 11, 2013, 01:14:04 PM by SmiGueL
 #6968

Anyone noticed the Asicminer ads?  Grin

What is the ad linking too ?

Maybe this page.

But I don't get why they've only updated the startpost of this page with new pics.
(Difference is that the new thread is 50 minimum instead of 300)

Still don't get why those nice mining pictures aren't added to the startpost..

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
Maciek
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June 11, 2013, 01:09:26 PM
 #6969

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?
Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que. Smiley
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June 11, 2013, 01:21:13 PM
 #6970

Guys sorry to ask dumb question , What is the difference between owning AM PT share & direct share in terms of price , trading the shares & dividends. Thanks for bearing with me  Embarrassed

There is a thread explaining these things, anyone can post the link?

https://bitcointalk.org/index.php?topic=188550.0

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June 11, 2013, 02:06:21 PM
 #6971

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?
Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que. Smiley

this could be your problem.. lol
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June 11, 2013, 02:11:46 PM
Last edit: June 11, 2013, 03:16:03 PM by SmiGueL
 #6972

Was anyone ordering ASIC Blade for 49.99 BTC from friedcat recently? I'm sad because I'm waiting 3rd day for the reply...

how many were you ordering?  50?  100?  1000?
Just 1 blade and then 2 more. It's going to be almost 150BTC. I just politely ask for the waiting time. I would like to pay and wait for the delivery in que. Smiley

this could be your problem.. lol

I think you're confusing them with the sticks Wink
Just 1 blade should be no problem.

@ Maciek: I assume you've send a message to asicminerblades A gmail.com with the info like described here? (and not a PM)


edit:
Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% Tongue)

Somebody just paid 8.6BTC fee Tongue

Asicminer Hashrate Charts @ www.asicminercharts.com

Donations BTC: 1SmiGSGWXzD5aZhmw3jyfpBFCgiki45MT
Maciek
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June 11, 2013, 02:56:06 PM
 #6973

@ Maciek: I assume you've send a message to asicminerblades A gmail.com with the info like described here? (and not a PM)

Yes I did. I guess I just have to wait. I just thought that somebody here was ordering some 12gh/s Blades recently and could tell me how long the waiting time is Smiley
Birdy
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June 11, 2013, 03:06:41 PM
 #6974

edit:
Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees , not 34% Tongue)


My guess: Someone spent 8.7 Btc as fee.
Maybe he wanted to do the miners a favour :3
(or more likely it was an accident)
Jere.Jones
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June 11, 2013, 03:07:18 PM
 #6975

Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% Tongue)
Because this transaction was included in the block and has an 8.6BTC fee: https://blockchain.info/tx/635c9f18d0da887efa859232df301fd550daa394eececf544d0e4e24a6480ad7
discobean
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June 11, 2013, 03:09:29 PM
 #6976

@ Maciek: I assume you've send a message to asicminerblades A gmail.com with the info like described here? (and not a PM)

Yes I did. I guess I just have to wait. I just thought that somebody here was ordering some 12gh/s Blades recently and could tell me how long the waiting time is Smiley

I've emailed too, and have had no response for a few days too.
canth
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June 11, 2013, 03:11:24 PM
 #6977

Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% Tongue)
Because this transaction was included in the block and has an 8.6BTC fee: https://blockchain.info/tx/635c9f18d0da887efa859232df301fd550daa394eececf544d0e4e24a6480ad7

That's still considered an accident though, right? There's no valid reason to attach that large of a fee regardless of the number of BTC being transacted, right?

runeks
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June 11, 2013, 03:35:40 PM
 #6978

Runeks, love your chart!  Would it be possible to adjust your second chart, or add a new one, so that there is an overlay of the previous week(s)?  Basically I want to easily at a glance see if we are doing better or worse then last week without having to hover over the line and count the days.  Donations incoming after I get my next divs (spent last weeks on hookers and blow already) as I realize I look at your chart daily, and I have yet to donate to you!
Is this what you had in mind?



It shows that we were way ahead last week, compared to the previous week, but at about the same level this week compared to last week.

It also shows the interesting effect of variance, when comparing this weeks increase in total mining rewards with last week's. We can see it went faster last week for a period (the red line rises faster than the blue line), but that current week's mined BTC caught up with it along the way, which it should if we're mining at the same speed. In fact, if we're mining at the same speed, the lines might divert for a bit, but should always converge at some point, which is what we're seeing.

Good call about adding this chart! It's very useful for investors who'd like to know how we're doing compared to last week.
nexus 6
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June 11, 2013, 03:37:37 PM
 #6979

Preview of ASICMINER's forum ads:



Love this add. Seems very well oriented. Who did it? You, TAT?
Jere.Jones
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June 11, 2013, 03:40:01 PM
 #6980

Can anybody tell me how this newly created block can be 'worth' 33.7BTC?
https://blockchain.info/tx/0d940ffe19e9ba005790c01101f9a317229bffb50b31e509e50dd81cb77615dc
(the rest of the new blocks is about 25BTC + ~1% extra because of the transactions fees, not 34% Tongue)
Because this transaction was included in the block and has an 8.6BTC fee: https://blockchain.info/tx/635c9f18d0da887efa859232df301fd550daa394eececf544d0e4e24a6480ad7

That's still considered an accident though, right? There's no valid reason to attach that large of a fee regardless of the number of BTC being transacted, right?
The transaction had over 950 BTC in inputs so the fee comes to almost exactly 1%.  Maybe a custom wallet that has a silly fee calculation formula?  It is interesting that there was also an output for 0.01(ish)BTC.  It really looks like a wallet bug.  I wonder what wallet they were using because bitcoin-qt wouldn't do this.
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