Quote from: apollonic on March 26, 2013, 10:11:30 PM

Quote from: BlackLilac on March 26, 2013, 09:34:47 PM

Alternately, you could get in on the mining action by buying shares of ASIMINER on one of the passthoughs, such as BTCT.co, which happen to be selling for really cheap right now due to a few people dumping shares. Under .8 BTC for an ASICMINER share is a massive bargain in my opinion.

Nice!!! did not know about these shares, what kind of return to do you get out of curiosity?

Just when I thought I had Bitcoins and Bitcoin mining understood Huh

Well, my honest analysis is that the shares are undervalued by about 350% right now. They are currently mining at about 6,500 GH/s, but within 6 weeks or so they are going to increase to over 50,000 GH/s. With BFL not delivering and Avalon chugging along slowly, ASICMINER is in a prime position. They are currently trading at under .75 BTC/share on BTC-TC... I would tell my grandmother to buy with her last dollar at the price. I'm only saying this publicly because I've already bought as many shares as I can currently afford to grab up.

Here is the thread for the company: https://bitcointalk.org/index.php?topic=99497.0