Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Friedcat, thank you for the update and for all the quality work. I will repeat my question from few pages ago, as it is still unanswered. There are some conflicting statements and interpretations throughout this thread, so we need a definitive answer:
Please clarify.
Sorry for delaying. It's (1) regardless of X. Its downside of is that the portion is less than (2) and (3) somehow. While the upside is that it will not go diluted when later investments come in because it's always 1/400,000 no matter how Bitfountain itself gets diluted.After investors have received their 0.1 btc per share, further profits will be distributed as (assuming X was the number of shares sold to the investors) -
(1) 1/400`000 per share, regardless of X, or
(2) 1/(200`000+X) per share, or
(3) 1/(2X) per share
(1) 1/400`000 per share, regardless of X, or
(2) 1/(200`000+X) per share, or
(3) 1/(2X) per share
Please clarify.