Post
Topic
Board Securities
Re: [BitFunder] [TAT.VIRTUALMINE] Virtual Mining - Hash Without Hardware!
by
CanadianGuy
on 14/06/2013, 02:48:16 UTC
I'm confused.. how do these dividends pay more than ASICMINER dividends if they are BACKED by AM shares?  Shouldn't they be the same?

For the cost of 1 asicminer you get ~385 virtualmine. 1 share Asicminer div is ~0.036 a week. 1 share Virtualmine is 0.00003223 a day. I'm sure I don't have to spell it out for you. Virtualmine is ~2.4x more a week. If you're look solely on dividends virtualmine is undervalue compare to asicminer.

Can we look at % annual return, rather than direct share comparison?  (sorry I thought this was obvious)
  This would be like me saying asicminer-PT pay more divdends than asicminer-TAT -- obviously not true, as their dividend return % should be the same.   

Lets talk strictly % return please..