Quote from: Entropy-uc on December 15, 2013, 02:19:55 AM

Quote from: Mabsark on December 15, 2013, 01:41:00 AM

Quote from: Entropy-uc on December 14, 2013, 11:59:26 PM

Quote from: kleeck on December 14, 2013, 11:52:53 PM

Quote from: Entropy-uc on December 14, 2013, 11:49:48 PM

Quote from: somestranger on December 14, 2013, 11:42:54 PM

Quote from: Stuartuk on December 14, 2013, 11:29:20 PM

By the way I think actm share price will hit 0.01 within a week of us going live. And it will climb steadily until March where it will level off around 0.04

I think you are dreaming. The share price will likely stay below .0025 until we have some proof of miners shipping, or an announcement that we're adding 24.576TH/s of hash power with BTCGuild showing as much. Even then I think we will only get to about .005 and maybe .01 by March.

Catch me up, please. How many millions of shares are the dividends divided over now?

How many satoshis a week would each share get with 24 Th/s of mining capacity?

This is all easily obtained publicly available information.

Since it's so easy, why don't you go ahead and answer the questions?

Since nobody bothered to answer I will.

If the network hash rate was at a constant 10 Ph/s and ActM had a constant 24 Th/s, it would have 0.24% of the network hash rate, mining 120.96 BTC per round. The round would last 14 days, since the hash rates were constant, giving 8.64 BTC per day. This would be distributed to 10 million shares until 0.0025 BTC per share had been paid, after which the number of shares would increase to 25 million.

According to the genesis block, the network hash rate is increasing by about 78% every 30 days, which is an increase of about 2.5% each day.

So, if the network hash rate was at 10 Ph/s and ActM brought 24 Th/s online, 8.64 BTC / 10 million shares gives 86 Satoshis per share per day, which would fall by 2.5% each day!

Thank you.

Math is a bitch sometimes.

ACTM will only have 24 Th/s? With atleast half of the manufacturing capability going towards the mining facility, that assumption means that the company will only produce 48Th/s or less. If you believe that, then you shouldn't have invested.

Yes, mining is an area with diminishing returns. Is that what you're trying to say? Or are you just trying to scare people with this obvious reality that hopefully investors are already aware of? Being a manufacturer of rigs, we have a HUGE advantage over non-manufacturing miners. Not only that though, even when mining becomes less profitable, we will receive income from software and hardware sales. Ken is smart and he is creating more consistent revenue streams in addition to the focus on mining. It's easy to forget when you're a part of the hype, but as they say, the people who sold shovels were the most profitable in the gold rush. We're a part of both sides of the gold rush. Ken has a lot to gain from this company being successful, and he has the most to lose from it not being successful. He's going to give everything to make this work. I believe he will.

That being said, if you want to get rid of your shares when we start trading, I'm sure you're not the only one. Bitcoin has gone up more than 1000% since a lot of us started investing in AMC. Investing is about making a profit, if you've made a profit in your eyes then by all means, do what you want. You can't lose money taking a profit.

Disclaimer: I don't really care where the share price ends up when trading starts. I think the dividends have the potential to be excellent.

I'm not sure what the deal is with the people in this thread. Psychologists could probably learn a lot from it. We've got a little bit of everything here. In the end, it doesn't really matter what any of the posters in this thread think. Things will happen how they happen. Fighting the stupid comments in this thread is impossible. Peace.