Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
helixone
on 10/10/2013, 03:21:41 UTC
Hey I just had a thought. Would it be reasonable for ASICMiner to share a projected dividends outlook for two to three months? Just a ballpark estimate of course, and with the understanding that no one can predict the future, etc.

I think there's some unnecessary shareholder anxiety caused merely by ASICMiner's strategy/financing being unclear. For example, Jutural mentioned that ASICMiner paid no dividends for the first 7 months. That is a great example of a period of time where having 0 dividends was not a problem, because shareholders more-or-less expected it. Similarly, if Friedcat and co. think that over the next three months the dividends are going to:

a) steadily decrease
b) hover at around 0.005/share
c) stay at zero

that's all perfectly fine with me... if that's more-or-less the plan. I don't think it would be giving away any secrets to the competition to share dividend projections would it? What do you guys think?

I like your line of thinking, however, no miner has the ability to predict mining proceeds three months out, as mining profitability has four main inputs:

1) One's own effective hashrate
2) Hashrate of the network
3) Price of bitcoin
4) Price of overhead/electricity

Arguably #2 and #3 have historically been very pretty difficult to predict, so any predictions would be nothing better than guesses.

Friedcat could share their own predicted hashrate over the next three months, and their costs, but my sense is that information would be too valuable to the competition to make public, and wouldn't really help shareholders as much as you might hope.

-helixone