Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It

Hm... Was I the only one who expected over 0.012 per share? I know friedcat said he held back ฿2K to pay for future growth, but isn't that virtually all of the auction proceeds?

It would be nice to know it beforehand. At least we noch would have 60% more dividend. High cost of course but at the end it will lead to even higher dividends for shareholders.

There has been no clear guideline to how much money has to be retained as operational cash. I understand that the current policy is to give the earnings back to the investors (and owners of bitfountain) as cash unless there is a reason not to. The current operation generates so much profit, that this can be decided on a weekly basis and it falls within the discretion of bitfountain.

A reminder, this is not a mining bond, it's an equity in a profit-oriented business, which just happens to generate profit from mining with their proprietary hardware.

I know, thats why i wrote that the investments at the end will lead to even higher dividends. The only critis i have that the drops always come so sudden that it hurts. You calculated that the dividend should be a good chunk more this week and out of the sudden... you know what i mean.