...
This is 696/400 000 shares of ASICMINER or 0.174% (200 000 sold for funding, 200 000 kept by company)
Info about these shares:
- 10 to 12 TH total planned in early february to mine for shareholders
- 6x increase planned in a second batch
- Further expansion possible
- Share of profit from sale of units
- Ownership of an ASIC manufacter, long-term potential
...
See the full thread:
https://bitcointalk.org/index.php?topic=99497I must have missed something here. My analysis is:
The Avalon-2 is about (60 GH/s) / $1,500 --> 40 MH/s/$
This offer is (10TH/s) / (200,000 shareholder_shares) --> 50 MH/s/shareholder_share
On the basis of MH/s being equal, and neglecting things that make it not really so:
40 / $ = 50 / shareholder_share --> 50/40 $/shareholder_share
50/40 $/shareholder_share * 1 BTC / $20 --> 0.0625 BTC / shareholder_share
People are bidding 4.3 times this amount. Why?