Re: ASICMINER: board seat (equivalent of 5000 shares) for sale
After this first payment and as long as BFL and Avalon do not penetrate the mining market significantly, they make 0.1BTC per share per month. Given that 40% of that income is invested in the next batch or 50TH mining HW, chances are not all too bad to get back 0.4BTC per share within half a year.
Right, and that assumption is the clincher. IF BFL and Avalon do manage to penetrate the market deeply, it drastically changes the result. I find it unlikely that ASICMiner could operate unmolested for more than a few months, and so have taken that into account. The other thing is that while I fully agree that income should be reinvested in future batches, that reinvestment prolongs the time-to-payoff.
But as you said, no point in preaching to me, as I've already evaluated my situation.
