David Chen
Member
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Activity: 91
Merit: 10
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August 21, 2013, 01:08:02 PM |
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reputation is everything.
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JimiQ84
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August 21, 2013, 01:12:26 PM |
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Ok, now I want some juicy update from friedcat what the hell is going on
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culexevilman
Legendary
Offline
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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August 21, 2013, 01:12:52 PM |
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Hard selling on BTCT as we speak...
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stslimited
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August 21, 2013, 01:17:04 PM |
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Ok, now I want some juicy update from friedcat what the hell is going on obviously mostly about being <6% of the network, lack of hardware sales lower margins
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Franktank
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August 21, 2013, 01:21:34 PM |
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I think it'll be over .02
Next week? AM already paid out today.
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runeks
Legendary
Offline
Activity: 980
Merit: 1008
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August 21, 2013, 01:22:34 PM |
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It really shouldn't come as a surprise when we look at the mining income: http://runeks.dk/bitcoin/#minedIt's the lowest it's ever been since ASICMiner went 100% solo. Without hardware sales, there's a long way to 30 mBTC dividends unfortunately. Imagine a company having to expand its operation by 80% each month! That's been the reality for ASICMiner the past month: http://runeks.dk/bitcoin/diff.txtThe difficulty has risen by an average of 25% per adjustment for the past month. That's 80% per month! (because when difficulty adjusts 25%, that period will only have taken 14 days divided by 1.25 = 11.2 days). If this continues (25% difficuty increase every 11 days) then keeping a constant network percentage of, say 10%, will require the addition of 500TH*0.1*0.25 = 12.5 TH every 11 days! That's 1,250 blades every 11 days, or around 110 new blades installed each day. If they work 24/7 that's 4½ blades every single hour just to keep up. And this figure will increase by 25% each 11 days! Day 0-11: 1250 new blades Day 11-22: 1550 new blades Day 22-33: 1950 new blades Day 33-44: 2440 new blades Without second generation chips, ASICMiner will keep falling behind unfortunately
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velacreations
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August 21, 2013, 01:28:12 PM |
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I think it'll be over .02
Next week? AM already paid out today. yeah, I hadn't realized. Well, at least hash rate is back over 50 TH/s:
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tkone
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August 21, 2013, 01:33:59 PM |
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any idea if in the future am can get back to 4.3+ per share? maybe by december time? anyone think this is possible?
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velacreations
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August 21, 2013, 01:35:23 PM |
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any idea if in the future am can get back to 4.3+ per share? maybe by december time? anyone think this is possible?
yes, but it will take some good dividends, and a good game plan from FC to address shareholder concerns.
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madmax_ger
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August 21, 2013, 01:37:20 PM |
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any idea if in the future am can get back to 4.3+ per share? maybe by december time? anyone think this is possible?
yes, but it will take some good dividends, and a good game plan from FC to address shareholder concerns. my left ball tells me that this is not realistic, although as an AM shareholder i'd love to see this scenario
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bobboooiie
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August 21, 2013, 01:39:45 PM |
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any idea if in the future am can get back to 4.3+ per share? maybe by december time? anyone think this is possible?
yes, but it will take some good dividends, and a good game plan from FC to address shareholder concerns. By that he would need way more than that... probably a small miracle.
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tkone
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August 21, 2013, 01:41:47 PM |
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where is profit from usb/blade sales? do we have a surplus amount of blades? is the hw sales adding up and just not included in the dividends yet? and when it will be included will be sky rocketed?
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velacreations
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August 21, 2013, 01:49:02 PM |
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where is profit from usb/blade sales? do we have a surplus amount of blades? is the hw sales adding up and just not included in the dividends yet? and when it will be included will be sky rocketed?
It is possible that friedcat didn't receive all the money from sales, so they will be included in the next dividend. It happened before. yeah, I would say he hasn't received much at all, actually.
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TsuyokuNaritai
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August 21, 2013, 01:52:26 PM |
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where is profit from usb/blade sales? do we have a surplus amount of blades? is the hw sales adding up and just not included in the dividends yet? and when it will be included will be sky rocketed?
It is possible that friedcat didn't receive all the money from sales, so they will be included in the next dividend. It happened before. yeah, I would say he hasn't received much at all, actually. From this dividend: 0.00667 is mining, 0.00557 is sales.
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hammurabi
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August 21, 2013, 01:52:40 PM |
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It is possible that friedcat didn't receive all the money from sales, so they will be included in the next dividend. It happened before.
One announcement mentioned two weeks payment time, if the purchaser put his shares into collateral.
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BTC: 1Hpk4rWpP3gACJhXHn8VkeNp4usdQmfuVY LTC: LM5p7X9dTsWj14G2VQeJKuntVUc6GsPnDp
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Mnw
Newbie
Offline
Activity: 28
Merit: 1
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August 21, 2013, 02:02:11 PM |
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Time to quit!!
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Panterino
Member
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Activity: 70
Merit: 10
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August 21, 2013, 02:07:35 PM |
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Time to quit!!
Hardly, the time to sell would have been when ASICMINER had 25% of the network. The time to buy is now. If you're into making money of course... (Buy low, Sell high)
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TsuyokuNaritai
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August 21, 2013, 02:07:56 PM |
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Does anyone know what happened regarding those 3500 shares that were being sold at public auction, but then went to a private buyer? Are they likely to be dumped on the PT markets in the near future? Thanks.
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nycgoat
Member
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Activity: 117
Merit: 10
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August 21, 2013, 02:10:48 PM |
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Time to quit!!
Time to buy moar
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joele
Legendary
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Activity: 1022
Merit: 1000
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August 21, 2013, 02:11:02 PM |
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any idea if in the future am can get back to 4.3+ per share? maybe by december time? anyone think this is possible?
They have franchise mining offer plans, that will keep AM on top again. I'm guessing within this year.
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