ASICMINER: Entering the Future of ASIC Mining by Inventing It

[neilol-real]

I made a graph of asicminer stock in USD prices. I'm mystified at the affect USD/BTC price has on asicminer stock. Certainly cheap shares at the moment.
Charts based on historical data from btct, havelock and bitcoinwisdom. Time not to scale, data is approximate. Related chart and raw data @ http://imgur.com/a/EW74v#0

Awesome chart, thanks for this work

[aahzmundus]

I made a graph of asicminer stock in USD prices. I'm mystified at the affect USD/BTC price has on asicminer stock. Certainly cheap shares at the moment.
Charts based on historical data from btct, havelock and bitcoinwisdom. Time not to scale, data is approximate. Related chart and raw data @ http://imgur.com/a/EW74v#0

Link to your data in a shared google doc, and post a bitcoin address... for tips!

I would really like to encourage more stuff like this, lots of data about AM is available if you dig it up, and make human sense of it.  I think it really ads value for new investors and old alike to see things like this and put stuff in perspective.

[hdbuck]

with current btc price, breaking AM/USD ATH would be @1BTC/share

first time i'm even hoping for btc price to drop a little bit further... so i guess this summer will be all about timing..

[bitsalame]

with current btc price, breaking AM/USD ATH would be @1BTC/share

first time i'm even hoping for btc price to drop a little bit further... so i guess this summer will be all about timing..

Heh, you read my mind. I'm praying for that lol

[hdbuck]

yea, just sharing my .xls file with exact weekly prices from havelock and stamp.. needed to do it properly by myself, no offense JonnyBitc0in

-> http://sharesend.com/grfu6ryf





edit: plus, here are my divs calcs :



depending if the next due divs correspond only to batch1-april, we should get about 0,023 BTC by the end of this month.
but it can also take into account batch2-may, and we would then have >0,1 BTC for sure!

[vortex1878]

yea, just sharing my .xls file with exact weekly prices from havelock and stamp.. needed to do it properly by myself, no offense JonnyBitc0in

-> http://sharesend.com/grfu6ryf





edit: plus, here are my divs calcs :



depending if the next due divs correspond only to batch1-april, we should get about 0,023 BTC by the end of this month.
but it can also take into account batch2-may, and we would then have >0,1 BTC for sure!

Very nice work. Thx a lot.

After this post I thought you had gone insane.

with current btc price, breaking AM/USD ATH would be @1BTC/share

first time i'm even hoping for btc price to drop a little bit further... so i guess this summer will be all about timing..

But you prove you had not.

[mikemikemike]

Last two questions.

Does anyone know how much capital is retained from profits for future reinvestment?

Are there any other revenue streams apart from self mining, franchise mining and chip sales?

I don't believe any profits from Gen3 chip sales are going to be retained, thus the "aggressive" dividends.  I think friedcat has enough in reserves to cover Gen4 R&D.

Nope.  Those are the only revenue streams that I'm aware of.

The dividend schedule will be aggressive, as AM will not require large sums of retained capital. The rationale is that AM doesn't need to invest large sums into infrastructure and that the majority of chip production costs will be covered by the business partners on a contract schedule. The new round of dividends are scheduled to begin as soon as the first large purchases have concluded and should precede or coincide with the publication of the updated financial statements.

Thanks for this guys. Ill be intouch with the results once I've finished the projections and put together a sizeable amount of capital. Should be tomorrowish

[Chris_Sabian]

Yeah but it's priced in BTC, the US$ doesn't matter in this case. Please let's not start another US$ discussion.

But it's silly to assume that share value is completely isolated from the price of bitcoin. Share price *does* fluctuate with the price of bitcoin. Why do you imagine it would be otherwise? People trade BTC and fiat too, and to do that some of them have to sell Havelock shares. And the very fact that this has come up demonstrates that it at least affects trader psychology.

Yes, of course it isn't completely isolated, especially when huge fluctuations occur.
***Chris_sabian, please don't read any further***
But it doesn't make sense to claim "but hey, it's still worth a lot more valued in US$" Because if you got off at 4 BTC and just held the BTC, you'd have 8 times of what you have now.

Let's not talk this through again, I believe these discussions are one of the most re-occurring things around here (trading, mining, securities)...

Meh.  Live and learn I suppose.  I guess that I just missed a huge investment opportunity by 9 months (IPO until summer 2013)

[gogxmagog]

any guesses as to exactly when the divs arrive?

[hdbuck]

hum considering those 3 batches, there would then be a total of 10 900 000 chips.. or 109 000 000 GH (ie. 109 PH)... in comparaison, the network is "only" 73 PH currently... WTF 



Beware the FLOOD.

[hdbuck]

any guesses as to exactly when the divs arrive?

should be around 27th of may with financial reports as Jutarul's said. but i guess you could then add 1 week or 2.. still worth waiting tho imho

[bitdude]

thank you guys for the graphs and numbers, interesting
just a pity that there is too much fud in here, i'm looking here from time to time to get some real news and its always quite a journey to go over everything here
the FriedcatSays twitter was great, but unfortunately, it is not only FC who comes with good info relevant to AM, so looking only at that is not good enough

anyway, cheers to you all 

[jimmothy]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

[Franktank]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Are there any fellow Chinese investors that could translate that for us? Thanks in advance, should you do so.

[Anotheranonlol]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

I received refund from them

[kendog77]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

[RoadStress]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

We have 1.1W/GH since Jupiters, but the price is nice. I was expecting a higher price.

[kendog77]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Is the power efficiency of the Gen3 AsicMiner chips really that bad? Surely they can't around 1.1W/GH, can they?

Google translate really butchered that article, so I can't make any sense out of it.

We have 1.1W/GH since Jupiters, but the price is nice. I was expecting a higher price.

If the new chips really are around 1W/GH, the only advantage ASICMiner can possibly provide over the competition is a lower price, and there is already a race to the bottom on price.

I'm hardware agnostic, and must say that I'm very underwhelmed by the performance of these "next gen" chips if they really do use 1W/GH. I was expecting much better power efficiency.

Please tell me I'm wrong and the chips actually perform better than 1W/GH.

[dhenson]

Weren't the rockminer team achieving .67w/gh?

[372174788]

HashRatio mining machine. The mining machine is mainly designed for large-scale deployments use mine, not in units of "units" for sale, generally units sold. A unit that contains 10 sets of small mines, power consumption 8-9KW , calculate the force 7.2-8T , price 68000 yuan.

http://www.cybtc.com/article-956-1.html

Are there any fellow Chinese investors that could translate that for us? Thanks in advance, should you do so.

If u r an asicminer shareholder,I think there is nothing important,but this information:the first batch of in-ten-days futures of Hashratio mining machine is almost booked up,the next is expected to be in mid-June.
BTW the first batch is 1.4-1.5P.