ASICMINER: Entering the Future of ASIC Mining by Inventing It

[Chalkbot]

So, considering that a user at BTC guild has control over payout schedule and amounts, what makes people believe they have more than what the known hash power at BTC guild represents?

Certainly they could have been accumulating for a couple months now, and these coins are just coming out of that balance.

Did I miss something?

[KarmaShark]

So, considering that a user at BTC guild has control over payout schedule and amounts, what makes people believe they have more than what the known hash power at BTC guild represents?

Certainly they could have been accumulating for a couple months now, and these coins are just coming out of that balance.

Did I miss something?

That seems plausible. Fried Cat may have been quietly amassing serious coinage since mid-July. It almost makes good sense given he announced they had finally located sites that offer cheap electricity and ample space for deployment. I mentioned this yesterday, it would be very Fried Cat-ish to keep the mining income hush-hush until he is ready to release the hounds.

There could be thousands of Bitcoin already amassed, trickling out at 10BTC per hour. September is shaping up very nice with this development and the rumored Gen4 tapeout occurring at some point in the next few weeks. Timing couldn't be better with big news for the currency itself hitting the wires (Coinbase + Paypal).

[sngwinner]

No one seems to mentioning that a large number of chips supposedly went to franchise partners. I'm willing to bet that what AM is mining on bTCguild isn't all of their mining income.

[bizmar]

hmmm.  So, if I had 1000 BTC sitting on guild.  (which I don't)
And I lowered my withdrawl amount to 10 BTC.
It would send me my limit amount every hour until it fell below that amount.

This seems the most logical explanation. BTCguild's hasn't found enough blocks in the last hours to account for this. But 270TH mining from mid July would make about 350 BTC (REALLY rough number). We will see if this is correct in about 15 hours.

Sorry to spoil the mood... Ahem... TO THE MOON!!!1!! 

[Bonam]

The shares seem to have come back down on Havelock. Pump and dump?

[jjdub7]

The shares seem to have come back down on Havelock. Pump and dump?

I'm gonna lol if it turns out they just didn't make the hourly queue and it keeps paying in for the rest of the day

[sharky101]

The shares seem to have come back down on Havelock. Pump and dump?

I'm gonna lol if it turns out they just didn't make the hourly queue and it keeps paying in for the rest of the day

< 10 mins to find out. Get those speculative orders in.

[ensurance982]

The shares seem to have come back down on Havelock. Pump and dump?

I'm gonna lol if it turns out they just didn't make the hourly queue and it keeps paying in for the rest of the day

< 10 mins to find out. Get those speculative orders in.

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

[Bonam]

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

[ensurance982]

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Sure, but given the average estimated yield of ~33% in AM's glory times, this would justify a share price of 0.03 BTC! In an environment this risky, not a very good return. But I agree that we first need to work on building up trust again, and it would still be a good sign - if the dividends continue.

[jjdub7]

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

[ensurance982]

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

Do you actually keep a record, maybe even some graph of the shares imported to Havelock? It would be interesting to correlate that to news and maybe also the price on Havelock or the Bitcoin price in general!

[jjdub7]

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

Do you actually keep a record, maybe even some graph of the shares imported to Havelock? It would be interesting to correlate that to news and maybe also the price on Havelock or the Bitcoin price in general!

I don't, but I could set up a php to do it if people want.  Unfortunately, we'd only get the net and not the directional flows of shares since Havelock mass-transfers manually it seems.  But I could do fun graphs with the price and volume

Also, it appears that the most recent (16:08 today for me - Blockchain time zoning blows) from the two non-Guild addresses were just from a change output from an earlier transaction...

[havelock]

We could post here everytime the net in or out whenever shares are transferred from and out of the platform, if there is a demand for it.



Date/Time    Type                    Qty

9/11/2014 12:06   transferin   500
9/11/2014 12:06   transferin   10
9/11/2014 12:06   transferin   13
9/11/2014 12:06   transferin   1
9/11/2014 12:06   transferin   2
9/11/2014 12:06   transferin   255
9/11/2014 12:06   transferin   45
9/11/2014 12:06   transferin   7
9/11/2014 12:06   transferin   64


9/9/2014 1:14           transferout    -607
9/2/2014 8:35           transferout -97

[Chris_Sabian]

Well, that's it. Cue the bears who say all the coins mined since 'mid July' are now withdrawn to the dividends address and we'll be in for a more than meager dividend of 0.000333145 BTC/share...

Even a dividend of 0.0003 BTC/share would be a positive sign for shareholders, reassuring them that AM is still committed to paying dividends.

Well, of course friedcat gets paid as an employee, and the board members get paid by divs too, so I'm sure they're just as ready for yield season as the exchange investors are.

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

Do you actually keep a record, maybe even some graph of the shares imported to Havelock? It would be interesting to correlate that to news and maybe also the price on Havelock or the Bitcoin price in general!

I don't, but I could set up a php to do it if people want.  Unfortunately, we'd only get the net and not the directional flows of shares since Havelock mass-transfers manually it seems.  But I could do fun graphs with the price and volume

THis would be very interesting to see.  I wonder if someone already has done this and use this information to day-trade.

[explorer]

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

IIRC it's been 27xxx  for months.  No sign of + 1200...

[rudi]

Ok this thing with the mining adress was fun.

[Chris_Sabian]

Ok this thing with the mining adress was fun.

Yep.  A few coins added but then it stopped.  Hopefully there will be more later.

[jjdub7]

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

IIRC it's been 27xxx  for months.  No sign of + 1200...

Sorry, there were 897 shares imported today.  The leading digits were 26XXX yesterday, and I hadn't taken the number down.  I've got the php on my list of things.  Eventually I might try and code up a graph that tracks the orderbook like bitcoinity does - seeing the orderbook as a % of available shares would be a better visualization/tool for pricing the shares that are on the exchange.

[ensurance982]

And also, anyone notice that ~1200 shares were imported since last week?  Think someone's looking to sell...

IIRC it's been 27xxx  for months.  No sign of + 1200...

Sorry, there were 897 shares imported today.  The leading digits were 26XXX yesterday, and I hadn't taken the number down.  I've got the php on my list of things.  Eventually I might try and code up a graph that tracks the orderbook like bitcoinity does - seeing the orderbook as a % of available shares would be a better visualization/tool for pricing the shares that are on the exchange.

Would definitely be a nifty thing to have. I wonder if Havelock could just give us a big list including all those numbers and maybe even other data points Apparently they like to read this thread just as much as we do, don't they?