binaryFate
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Still wild and free
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October 09, 2013, 08:59:56 PM |
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Wow, worst divend in a long time? 0.05832576
Here comes the flood of the price going down......... Perhaps...Someone just put 112 shares up for sale on Havelock. .. O_O!!!, the wave started.... goodbye ASICMINER..... the 200TH better come online soon or you are down the drain to IPO price.... Keep trying to undermine the price, but your efforts are futile. Better hop back on now, or be sorry later. Friedcat provided very reasonable update - hashrate is doubling in matter of days to ~126TH/s. I'm trying to figure out where in the update you got that assumption from.. help me please Last point made by FC: Roughly 3~5TH/s added every day.
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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VolanicEruptor
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October 09, 2013, 09:03:37 PM |
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So when he says "immersion cooling", that means he's overclocking current hardware with the help of some fancy cooling system?
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binaryFate
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Still wild and free
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October 09, 2013, 09:10:10 PM |
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So when he says "immersion cooling", that means he's overclocking current hardware with the help of some fancy cooling system?
It must bring some type of advantages. I think it reduces a lot the electricity required for cooling wrt air cooling. Which means you can turn more blades on keeping same power sources as before. Does not necessarily mean they are overclocking though.
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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SebastianJu
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Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
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October 09, 2013, 09:15:45 PM |
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Wow, worst divend in a long time? 0.05832576
Here comes the flood of the price going down......... Perhaps...Someone just put 112 shares up for sale on Havelock. .. O_O!!!, the wave started.... goodbye ASICMINER..... the 200TH better come online soon or you are down the drain to IPO price.... Keep trying to undermine the price, but your efforts are futile. Better hop back on now, or be sorry later. Friedcat provided very reasonable update - hashrate is doubling in matter of days to ~126TH/s. I'm trying to figure out where in the update you got that assumption from.. help me please Last point made by FC: Roughly 3~5TH/s added every day. Oh, didnt see this... sounds like it could go back on trail now...
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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talnted
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www.bitcoingem.com
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October 09, 2013, 09:16:55 PM |
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The next few weeks sounds like a great time to pick up shares
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Over 800+ BTC Paid Out! 1110+ Buyers of the Gem!
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S. Omega
Newbie
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Activity: 38
Merit: 0
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October 09, 2013, 09:23:57 PM |
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Funny thing. BitFunder seems to have an "unbreakable" wall of 19 shares. Trying to sell into that position leads to a fatal error...
Good or bad? Pick your poison...
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lophie
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October 09, 2013, 09:27:21 PM |
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The next few weeks sounds like a great time to pick up shares
In my opinion it is THIS week.
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Will take me a while to climb up again, But where is a will, there is a way...
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freedomno1
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Learning the troll avoidance button :)
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October 09, 2013, 09:43:11 PM |
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The next few weeks sounds like a great time to pick up shares
In my opinion it is THIS week. Expecting lower end projections myself for people adjusting to the current yield But I agree with you it is THIS Week and Next
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Believing in Bitcoins and it's ability to change the world
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Jutarul
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Merit: 1000
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October 09, 2013, 09:43:53 PM |
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Wow, worst divend in a long time? 0.05832576
.. The amount is even lower.... Just as a reminder. ASICMINER didn't pay any dividends for about 7 months while the project was incubating. So it really depends on what you consider " a long time". On a few occasions friedcat already indicated that the company is securing funds for the long haul. This is perfectly reasonable if you want to stay in the mining business for the forseeable future, and the environment for raising funds becomes increasingly regulated and fractured. Unless a mining competitor finds a way to burn investor money (ala BFL) to stay competitive, we're looking at an industry with tight economic constrains. As such having a low cost structure for mining, R&D and production/distribution is essential and ASICMINER is certainly on the right track. Please keep that in mind when you try to establish your own company valuation for AM.
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huhai0978
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October 09, 2013, 10:33:40 PM |
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Wow, worst divend in a long time? 0.05832576
.. The amount is even lower.... Just as a reminder. ASICMINER didn't pay any dividends for about 7 months while the project was incubating. So it really depends on what you consider " a long time". On a few occasions friedcat already indicated that the company is securing funds for the long haul. This is perfectly reasonable if you want to stay in the mining business for the forseeable future, and the environment for raising funds becomes increasingly regulated and fractured. Unless a mining competitor finds a way to burn investor money (ala BFL) to stay competitive, we're looking at an industry with tight economic constrains. As such having a low cost structure for mining, R&D and production/distribution is essential and ASICMINER is certainly on the right track. Please keep that in mind when you try to establish your own company valuation for AM. What are you talking about? AM is only worth 0.2B/share right now. Dec. will see AM @ 0.1B/share. The other 0.1B/share is paid via dividend.
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huhai0978
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October 09, 2013, 10:37:08 PM |
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The whole mining industry is plummeting, not just AM. 25% hashing rate increase/cycle means the mining co must pay 25% more to keep up with the trend. The profit margin goes to zero!!!
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puck2
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October 09, 2013, 10:39:02 PM |
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What are you talking about? AM is only worth 0.2B/share right now. Dec. will see AM @ 0.1B/share. The other 0.1B/share is paid via dividend.
What are you talking about? Asicminer is worth far more than 0.2B/share. Recent auctions ( https://bitcointalk.org/index.php?topic=306865.msg3309448#new) are selling shares for well over 1B.
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huhai0978
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October 09, 2013, 10:41:40 PM |
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What are you talking about? AM is only worth 0.2B/share right now. Dec. will see AM @ 0.1B/share. The other 0.1B/share is paid via dividend.
What are you talking about? Asicminer is worth far more than 0.2B/share. Recent auctions ( https://bitcointalk.org/index.php?topic=306865.msg3309448#new) are selling shares for well over 1B. OK. Buy AM share for 1B and keep it for 3 months. You will find out what I mean.
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puck2
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October 09, 2013, 11:04:55 PM |
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What are you talking about? AM is only worth 0.2B/share right now. Dec. will see AM @ 0.1B/share. The other 0.1B/share is paid via dividend.
What are you talking about? Asicminer is worth far more than 0.2B/share. Recent auctions ( https://bitcointalk.org/index.php?topic=306865.msg3309448#new) are selling shares for well over 1B. OK. Buy AM share for 1B and keep it for 3 months. You will find out what I mean. Oh I bought for far less and have held for far longer. I am here for the long haul. Thanks for the suggestion, though.
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Jutarul
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October 09, 2013, 11:06:24 PM Last edit: October 09, 2013, 11:16:46 PM by Jutarul |
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What are you talking about? AM is only worth 0.2B/share right now. Dec. will see AM @ 0.1B/share. The other 0.1B/share is paid via dividend.
new bitcoins till 2020 are about 5 million. Assuming that profit margins from mining are >50% on an average basis (i.e. the purchasing power growth of the bitcoin correlates to hash power growth ) we're looking at about 2.5 million bitcoin net profit. Since IT industries are usually dominated by a handful of players, the expected long term profit per player is around 0.5 million, which puts AM well above 1. And that ignores potential armsrace, defensive mining, escalation of fees, hardware replacement and cryptographic mining tech taking over other industries, like notary services or stock/ownership tracking. If all you do is own bitcoin, you don't get any exposure to these potential outcomes.
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huhai0978
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October 09, 2013, 11:15:08 PM |
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What are you talking about? AM is only worth 0.2B/share right now. Dec. will see AM @ 0.1B/share. The other 0.1B/share is paid via dividend.
What are you talking about? Asicminer is worth far more than 0.2B/share. Recent auctions ( https://bitcointalk.org/index.php?topic=306865.msg3309448#new) are selling shares for well over 1B. OK. Buy AM share for 1B and keep it for 3 months. You will find out what I mean. Oh I bought for far less and have held for far longer. I am here for the long haul. Thanks for the suggestion, though. See u in 3 months then.
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puck2
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October 09, 2013, 11:16:49 PM |
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Quick Update
We are still on track of accumulating reinvestment funds, continuing from last month, so please expect less-than-raw-income dividends in the next few weeks. The financials will be given out in October 20s, as mentioned in the last update.
Self-retained (not sold) Hashrate distribution:
Air cooling datacenter - 47TH/s Under franchising - 19TH/s Immersion cooling - 5TH/s with 3-5TH/s per day towards 60TH/s in total.
Thanks! The fact that there are dividends at all during this accumulation and reinvestment is astounding! I appreciate all that ASICMINER ( friedcat + the board) is doing to advance the Bitcoin project as well as distribution of mining income.
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Jutarul
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October 09, 2013, 11:35:26 PM |
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The hash rate increasees 25%/cycle. A cycle is about 12 daya. Moors' law is 2x in 18 months. U r living in ur own dream.
Learn about the sigmoid function and combine that with a sub-exponential growth of the asymptotic value over the long term. Have a nice day.
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ninjarobot
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October 10, 2013, 12:20:41 AM |
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The whole mining industry is plummeting, not just AM. 25% hashing rate increase/cycle means the mining co must pay 25% more to keep up with the trend. The profit margin goes to zero!!!
Nature abhors a vacuum so mining will quickly become a 0-sum or very low margin business. At least when it comes to mining. There appears to be a constant supply of fools to sell hardware to. So I'm not worried about low AM mining hashrates - Selling hardware is the name of the game now.
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VolanicEruptor
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October 10, 2013, 01:23:10 AM |
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lol I love how the trading on BF has come to a complete standstill since the FC update. Obviously nobody knows how they should be trading this right now..
I guess we're all just sitting tight until something happens lol
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