[PicoStocks] 100TH/s bitcoin mine [100th]

[lenny_]

How many shares has been released? What's the estimated  MH/s equivalent for 1 share (at current mine speed)?

[Dexter770221]

~519k shares ~200MH/share.

[corrow]

~519k shares ~200MH/share.

And what will the future perspectives be when all mining power is deployed?

[Andrey]

~519k shares ~200MH/share.

400MH/share, since it upgraded from 100TH to 200TH
And if you talk about today, it is about 160MH / share, since today mine is about 80TH

[SebastianJu]

Reinvesting is the only way since normal mining securities simply are dying slowly only. But i think the issuers dont have interest in this unfortunately. If they built the 200TH they can start building their 100% own mine. No hassle with shareholders and no revenue sharing. And they got the asic design paid already. So from a business view it would be the best outcome for the issuer.
This question came up so often and was never answered positiv. So i dont think it will come. Its a pity. I was stupid enough to buy in when it was at 0.35BTC and i hoped for a rise in shareprice once the mine is established since previous normal mining securities showed this behaviour. Then this panic came over all mining securities and everything crashed. Lesson learned. Though i dont like the lesson. Im angry about myself being too hasty even though i knew this is only a normal mining security. And normal mining securities tend to pay out divs and at the same time the shareprice drops slowly. At the end you gain nothing from it.
I wish they simply could state that they will move on reinvesting.

[Kushedout]

Reinvesting is the only way since normal mining securities simply are dying slowly only. But i think the issuers dont have interest in this unfortunately. If they built the 200TH they can start building their 100% own mine. No hassle with shareholders and no revenue sharing. And they got the asic design paid already. So from a business view it would be the best outcome for the issuer.
This question came up so often and was never answered positiv. So i dont think it will come. Its a pity. I was stupid enough to buy in when it was at 0.35BTC and i hoped for a rise in shareprice once the mine is established since previous normal mining securities showed this behaviour. Then this panic came over all mining securities and everything crashed. Lesson learned. Though i dont like the lesson. Im angry about myself being too hasty even though i knew this is only a normal mining security. And normal mining securities tend to pay out divs and at the same time the shareprice drops slowly. At the end you gain nothing from it.
I wish they simply could state that they will move on reinvesting.

Agreed. I also got the impression that this project is no longer a priority. I sold all my shares (at loss) when I notices they care more about selling miners, chips and boards then this project. Matter of fact, they can drag this "deployment" phase for a year and still keep their promise of archiving 200th and then switch off all miners after a month claiming electricity bill is too high and not worth mining anymore. Only does who bought and kept from IPO can profit from this.

Everything I said is my opinion and speculation.

[iCEBREAKER]

Let's cut through this fog of war with mathematical precision and economic clarity, in the form of... a word problem!

IF 100TH was listed on BTCT, and assuming it held the same share price,

WHAT would BTCT's very convenient Annual Yield calculator say 100TH's dividends are now returning?

[Andrey]

Let's cut through this fog of war with mathematical precision and economic clarity, in the form of... a word problem!

IF 100TH was listed on BTCT, and assuming it held the same share price,

WHAT would BTCT's very convenient Annual Yield calculator say 100TH's dividends are now returning?

I think you should worry about your icedrill shares, they are not paying dividends at all.

[goxed]

check out https://cex.io/#GHS-BTC
It's almost 50% cheaper than 100TH right now

[iCEBREAKER]

Let's cut through this fog of war with mathematical precision and economic clarity, in the form of... a word problem!

IF 100TH was listed on BTCT, and assuming it held the same share price,

WHAT would BTCT's very convenient Annual Yield calculator say 100TH's dividends are now returning?

I think you should worry about your icedrill shares, they are not paying dividends at all.

icedrill is using hashfast ASICs, which arrive the week of Oct 20th.

if icedrill pays dividends before hashing begins, it might be a Ponzi Scheme!   

quick, sell me moar Cheap Shares^TM!

[Andrey]

icedrill is using hashfast ASICs, which arrive the week of Oct 20th.

if icedrill pays dividends before hashing begins, it might be a Ponzi Scheme!  

quick, sell me moar Cheap Shares^TM!

Icedrill is not using anything yet. And without "if"s and "will"s it does not pay dividents at all.

So I can say you what "very convenient Annual Yield calculator say" about Icedrill now.

[papamoi]

check out https://cex.io/#GHS-BTC
It's almost 50% cheaper than 100TH right now

i won t risk to put my btc in this website coming from nowhere

[fsb4000]

check out https://cex.io/#GHS-BTC
It's almost 50% cheaper than 100TH right now

i won t risk to put my btc in this website coming from nowhere

bitfuri is owner of this website....

[SebastianJu]

Let's cut through this fog of war with mathematical precision and economic clarity, in the form of... a word problem!

IF 100TH was listed on BTCT, and assuming it held the same share price,

WHAT would BTCT's very convenient Annual Yield calculator say 100TH's dividends are now returning?

September 30th 100TH dividend payments: 321.12791163BTC
Shares: 518271
Yesterday dividend per share: 0.00061961BTC
Daily dividend * 365 days in year: 0.22615907BTC
Annual ROI for 0.098BTC shareprice: 230.774562%

Compared to Asicminers 25% ROI per year the shareprice for 100TH should be at: 0.90463628BTC

This is for the actual hashrate. I dont know how many TH we have actually.

The downside is... 100TH is not reinvesting. Which makes this calculation worthless.

[tarmi]

September 30th 100TH dividend payments: 321.12791163BTC
Shares: 518271
Yesterday dividend per share: 0.00061961BTC
Daily dividend * 365 days in year: 0.22615907BTC
Annual ROI for 0.098BTC shareprice: 230.774562%

Compared to Asicminers 25% ROI per year the shareprice for 100TH should be at: 0.90463628BTC

wow, that calculation is so wrong, simply because it doesnt take in account growing difficulty.

[SebastianJu]

September 30th 100TH dividend payments: 321.12791163BTC
Shares: 518271
Yesterday dividend per share: 0.00061961BTC
Daily dividend * 365 days in year: 0.22615907BTC
Annual ROI for 0.098BTC shareprice: 230.774562%

Compared to Asicminers 25% ROI per year the shareprice for 100TH should be at: 0.90463628BTC

wow, that calculation is so wrong, simply because it doesnt take in account growing difficulty.

Oh right... and thats why you deleted my last sentence to make your statement correct? It would be correct with reinvestment when one keeps a certain percentage of network share. But since you deleted my sentence you probably know that.

[snowdropfore]

the share price is 0.08 now . Soon it will come to the iPo price.

[tarmi]

September 30th 100TH dividend payments: 321.12791163BTC
Shares: 518271
Yesterday dividend per share: 0.00061961BTC
Daily dividend * 365 days in year: 0.22615907BTC
Annual ROI for 0.098BTC shareprice: 230.774562%

Compared to Asicminers 25% ROI per year the shareprice for 100TH should be at: 0.90463628BTC

wow, that calculation is so wrong, simply because it doesnt take in account growing difficulty.

Oh right... and thats why you deleted my last sentence to make your statement correct? It would be correct with reinvestment when one keeps a certain percentage of network share. But since you deleted my sentence you probably know that.

I didnt read that far.

that calculation is useless why posting here?

watch asicminer share go down to 0.01 btc.

[papamoi]

check out https://cex.io/#GHS-BTC
It's almost 50% cheaper than 100TH right now

i won t risk to put my btc in this website coming from nowhere

bitfuri is owner of this website....

double reason not to put one satoshi in it

[SebastianJu]

September 30th 100TH dividend payments: 321.12791163BTC
Shares: 518271
Yesterday dividend per share: 0.00061961BTC
Daily dividend * 365 days in year: 0.22615907BTC
Annual ROI for 0.098BTC shareprice: 230.774562%

Compared to Asicminers 25% ROI per year the shareprice for 100TH should be at: 0.90463628BTC

wow, that calculation is so wrong, simply because it doesnt take in account growing difficulty.

Oh right... and thats why you deleted my last sentence to make your statement correct? It would be correct with reinvestment when one keeps a certain percentage of network share. But since you deleted my sentence you probably know that.

I didnt read that far.

that calculation is useless why posting here?

watch asicminer share go down to 0.01 btc.

Because this security could be worth much more when they would change their plans. Unfortunately it doesnt look like it.
I wonder where Asicminer is moving to. When i see the last div from asicminer and the shareprice of 1.1BTC then the annual ROI is actually 41.59896%, so AM is undervalued since it was valued most of the time at 25% annual return. But i can understand it since no investor does like divs going down. But its for a good reason. Friedcat is collecting bitcoins for reinvestment. I would be happy if the shareprice of 100TH is falling because collecting for reinvestment.