Post
Topic
Board Securities
Re: ASICMINER Speculation Thread
by
Mabsark
on 24/06/2013, 15:03:38 UTC
The fact that AM could half the price of those USB stick just proves how overpriced they were. They're still incredibly overpriced though when compared to BFL, and yes, I will compare AM to BFL because I'm a miner, not a retarded fanboy who worships companies and licks the arse of their bosses.

I guess miners like you like to wait a year+ to receive their orders, right?

Let's see, let's compare nothing to something, and then see which one is more valuable...  Roll Eyes

Of course not. Everyone wants their miners as soon as possible. I paid 1.6 BTC for a 5 GH/s BFL in April and I'll have it in August at the latest. 4 months != 1 year. Anyone ordering now will also have to wait about 3-4 months before they get their order.

Let's compare then smart arse.

AM
3.3 BTC per share
400,000 shares
0.03 BTC weekly dividend (extremely optimistic)
110 weeks = 770 days to recoup costs

5 Gh/s BFL
274 USD = 2.74 BTC @ 100 USD/BTC
0.018 BTC per day with network hash rate at 1000 Th/s, 153 days to recoup costs
0.0045 BTC per day with network hash rate at 4000 Th/s, 612 days to recoup costs

So, even if you did have to wait another year for your BFL miner to arrive, you'd still make far more profit from a BFL miner over an AM share. Face it, you need to go back to school and learn how to do basic maths.