This asset currently pays less then 0.5 Mh/s per share, for awhile it didn't pay at all. Most ASIC companies will be paying 100+ MH/s for the same value as this, which only guarantees 20 Mh/s per share.
Look at Gigamining for example its been paying 5Mh/s per share for a long time, and will upgrade to 100 Mh/s (Giga is first in line too for ASIC). It trades for approximately the same price as NASTY, that is insanity. Either Gigamining is radically undervalued, or this is radically overvalued.
Ok I got this form the gigamining topic.
GIGAMINING TERAMINING
Total Gh/s 200Gh 5,400Gh
Mh/s per bond 5Mh/s 9Mh/s
Total bonds 40,000 600,000
Each gigamining share will get you 4 terramining shares. At the current rate for 1BTC you'll get
65Mh/s/BTCNASTY got 648,832MH/s ordered and a total of 25000 shares. At the current rate 1BTC will get you
54Mh/s/BTCAlso it isn't sure how much shares will be sold when all the equipment is working so the actual Mh/s might be higher.
Not such a big difference imo.
Nasty won't upgrade the OP or contract to reflect 648Gh/s / 25000 = 25.9 Mh/s per share. It still remains 20 Mh/s per share. Until the OP or contract change Nasty isn't obligated to pay more.
Last Nasty share sold for .49 BTC
1 BTC = 20MH/s/.49 =
40.8 MH/s per BTCGiga is 15 shares of Tera with paid upgrade of .29 BTC. 135 MH/s per upgraded share.
Last Giga share sold for .5598 BTC
1 BTC = 135 MH/s/(.5598+.29) =
158.8 MH/s per BTCGiga is 158.8/40.8=
3.89 times better deal then Nasty, if you go by the contracts and OP's.