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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3918302 times)
empoweoqwj
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December 20, 2013, 02:31:59 AM
 #16101

Your only point appears to be "gloom and doom" - so people don't sell mining equipment on eBay, I'm so shattered by this news ..... all industries mature and just have a  few big players. That's just what happens. Deal with it.

My point is that the industry is killing itself.  I think you underestimate the importance of the hardware aftermarket - altcoins generally aren't worth squat, look at how people flocked to PeerCoin and upped the diff there astronomically when it "caught on".  Same happens to any sha-based coin that hits exchanges in any form.  So for any reasonable ROI on most hardware you need the aftermarket.  Right now, folks are pushing towards things that can't really catch-on in the aftermarket, like a Neptune or an AMC.  Those are investments, big ones, for a market that is continually gouging itself from every direction.  

"all industries mature and just have a few big players. That's just what happens. Deal with it."

We're figuring out how to "deal with it".  Right now the community has responded with-

Shares in someone else's hardware => not worthwhile.  
Shares in AM => so far, not worthwhile.  
Anything shipping in auctions/group buys => not worth the BTC you spend.

What's left are the big players.  They're going big, very big, f' the community big.  Most of the people are currently invested in BTC will likely leave because you can't afford new hardware and nothing is worth the BTC you'd spend on it for partial ownership.  And any industry needs the peons, needs the folks who buy usb sticks on eBay, needs the customers.  

Right now we're hoping that our current "doom and gloom" outlook is wrong, but none of the "big players" are doing anything to encourage a healthy future for this side of BTC.  

What would you like the big players to do to help the situation?
empoweoqwj
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December 20, 2013, 02:32:47 AM
 #16102

AM1 and AM100 dividends will come today, don't worry folks, just a bit behind.

That's the problem will being so darned reliable week in week out. A few hours late and we all start panicking  Grin
mrlupin
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December 20, 2013, 11:45:44 AM
 #16103

Google opened 2 new data centers, one in Singapore and one in Taiwan
http://googleasiapacific.blogspot.in/2013/12/our-first-data-centers-in-asia-are-up.html

The one in Taiwan is using water-cooling with a twist:
"We built this to be one of Asia’s most efficient and environmentally friendly data centers. One way we’re increasing efficiency here that’s unique among our global fleet of data centers is through the use of a nighttime cooling and thermal energy storage system. The system works by cooling water at night, when temperatures are cooler, storing the cooled water in large insulated tanks where it retains its temperature before being pumped throughout the facility to cool our servers during the day."

Friedcat, I think Google is saying: "bring it on". Will you accept the challenge?
empoweoqwj
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December 20, 2013, 12:02:35 PM
 #16104

Google opened 2 new data centers, one in Singapore and one in Taiwan
http://googleasiapacific.blogspot.in/2013/12/our-first-data-centers-in-asia-are-up.html

The one in Taiwan is using water-cooling with a twist:
"We built this to be one of Asia’s most efficient and environmentally friendly data centers. One way we’re increasing efficiency here that’s unique among our global fleet of data centers is through the use of a nighttime cooling and thermal energy storage system. The system works by cooling water at night, when temperatures are cooler, storing the cooled water in large insulated tanks where it retains its temperature before being pumped throughout the facility to cool our servers during the day."

Friedcat, I think Google is saying: "bring it on". Will you accept the challenge?

Water? I think FC can trump that Smiley
Timetwister
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December 20, 2013, 12:05:23 PM
 #16105

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?
San1ty
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December 20, 2013, 12:06:27 PM
 #16106

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?

Sigh...

Found my posts helpful? Consider buying me a beer :-)!:
BTC - 1San1tyUGhfWRNPYBF4b6Vaurq5SjFYWk NXT - 17063113680221230777
empoweoqwj
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December 20, 2013, 12:07:11 PM
 #16107

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?

Why are you quoting stuff from 2012 ?!? And no, it doesn't mean that Wink
JimiQ84
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December 20, 2013, 12:07:52 PM
 #16108

ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid.

I don't get this part. Does it mean that once 0.1BTC dividends per share have been given, there won't be more dividends?

That formulation means that after 0.1BTC has been paid in dividends, Bitfountain (major shareholder of Asicminer) will also get it's portion of dividends. Until 0.1 all dividends (100%) have been paid to minor shareholders only. Anyhow, it doesn't matter anymore, dividends reached 0.6BTC already.
bitdude
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December 20, 2013, 02:48:56 PM
 #16109


Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit
No, I'm pretty sure that's all direct shares.
Works great for weeks. But something wrong on this time.

Just mailed FC. Hope they can fix it.


same problem here, dividend from 1 direct share from SebastianJu's last auction is missing, could you please inform me PM in case FC updates you?

Whale's Secret ScriptApiLib is a .NET library that provides unified API to different digital assets platforms with focus on easy of use and robust error handling.

Web: whalessecret.com/
Samples GitHub repo: [url=https://github.com/AITIS-s-r-o/
mumchristmas
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December 20, 2013, 03:09:44 PM
 #16110


Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit
No, I'm pretty sure that's all direct shares.
Works great for weeks. But something wrong on this time.

Just mailed FC. Hope they can fix it.


same problem here, dividend from 1 direct share from SebastianJu's last auction is missing, could you please inform me PM in case FC updates you?
Not yet, I buy 18 direct shares from SebastianJu's auction too.
Could you PM me the detail?
Maciek
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December 20, 2013, 10:27:49 PM
 #16111

Where do I buy ASICMINER shares now?

ujka
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December 20, 2013, 10:49:08 PM
 #16112

Where do I buy ASICMINER shares now?
Havelock Investments has AM shares and AM microshares (passthrough):
https://www.havelockinvestments.com/order.php?symbol=AM1
https://www.havelockinvestments.com/order.php?symbol=AM100

or look some auction for direct AM shares in Auctions board
https://bitcointalk.org/index.php?board=73.0
empoweoqwj
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December 21, 2013, 03:28:37 AM
 #16113

Where do I buy ASICMINER shares now?



Havelock.com is good because:
a) you can buy  shares when you want, not when auctions are  running
b) you get the shares immediately, at a fixed price.
c) You can buy partial shares, the AM100 version. Direct shares are never sold like that.
d) You can convert AM1 shares to direct AM shares any time.
e) You know you aren't being scammed, there have been a few "dodgy" share auctions.

Was going to list why auctions are good, but I'll leave that to someone that prefers auctions to buying at havelock Smiley
explorer
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December 21, 2013, 06:30:24 AM
 #16114

Where do I buy ASICMINER shares now?



Havelock.com is good because:
a) you can buy  shares when you want, not when auctions are  running
b) you get the shares immediately, at a fixed price.
c) You can buy partial shares, the AM100 version. Direct shares are never sold like that.
d) You can convert AM1 shares to direct AM shares any time.
e) You know you aren't being scammed, there have been a few "dodgy" share auctions.

Was going to list why auctions are good, but I'll leave that to someone that prefers auctions to buying at havelock Smiley

The only good reason I can think of to buy @ auction is to avoid slippage on larger buys. Havelock is just dead right now, and price seems to be drifting higher regardless of dividend shrinkage.
empoweoqwj
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December 21, 2013, 07:46:10 AM
 #16115

Where do I buy ASICMINER shares now?



Havelock.com is good because:
a) you can buy  shares when you want, not when auctions are  running
b) you get the shares immediately, at a fixed price.
c) You can buy partial shares, the AM100 version. Direct shares are never sold like that.
d) You can convert AM1 shares to direct AM shares any time.
e) You know you aren't being scammed, there have been a few "dodgy" share auctions.

Was going to list why auctions are good, but I'll leave that to someone that prefers auctions to buying at havelock Smiley

The only good reason I can think of to buy @ auction is to avoid slippage on larger buys. Havelock is just dead right now, and price seems to be drifting higher regardless of dividend shrinkage.

I think everyone has gone into hibernation until the Spring. No sellers, no buyers. Right time of year for hibernation at least.
spartan82
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December 21, 2013, 07:50:22 AM
 #16116

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong Smiley
empoweoqwj
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December 21, 2013, 07:53:15 AM
 #16117

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong Smiley

I'm not quite sure "strong" is the right word considering we were once at B5.00, but I know what you mean.

It could just mean the equilibrium has reached i.e. the one-week brigade has been flushed out, and all we are left with are the "hopeful people", and people that have lost too much already on AM shares to consider selling for such a big loss.

Its statis baby
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December 21, 2013, 07:55:38 AM
 #16118

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong Smiley

     I think the uptrend surprised a lot of people. That buying pressure shows that a lot of us had the same idea ie: buy it while it's on sale. I expected to see 0.20 before we were through, maybe we still will. I can always use more  Cheesy
bitdude
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December 21, 2013, 07:58:45 AM
 #16119


Dividend was paid out just the passthru holders need to wait for them to be paid out if your on havelock just wait on TAT a bit
No, I'm pretty sure that's all direct shares.
Works great for weeks. But something wrong on this time.

Just mailed FC. Hope they can fix it.


same problem here, dividend from 1 direct share from SebastianJu's last auction is missing, could you please inform me PM in case FC updates you?
Not yet, I buy 18 direct shares from SebastianJu's auction too.
Could you PM me the detail?

Haven't heard from FC yet.

Whale's Secret ScriptApiLib is a .NET library that provides unified API to different digital assets platforms with focus on easy of use and robust error handling.

Web: whalessecret.com/
Samples GitHub repo: [url=https://github.com/AITIS-s-r-o/
empoweoqwj
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December 21, 2013, 08:01:23 AM
 #16120

And there I was thinking share prices were going to drop considerably with the last two dividends but still holding strong Smiley

     I think the uptrend surprised a lot of people. That buying pressure shows that a lot of us had the same idea ie: buy it while it's on sale. I expected to see 0.20 before we were through, maybe we still will. I can always use more  Cheesy

The uptrend has been for 1 week, and tiny. When direct shares were offered last week at 0.27 nobody took.

Let's see what happens if the divs really dive. I can't see how AM can keep anywhere near the current divs for 3 months if they aren't bringing anything new to the table. If divs halve, its got to drive the price down further. If it doesn't, yep I'll agree, the bottom has been reached.
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