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Re: SkepsiDyne Integrated Node - A Bitcoin Mining Company
by
weinerk
on 07/06/2011, 12:57:59 UTC
 It makes no sence to buy shares with the current BTC rate:    


18     $/BTC - current rate             
5,000     shares                   
39     rigs (lets go with this number for now )    
128     shares/rig                
0.75     BTC/share                
1,731     $/rig                   
50%    %revshare (since 50% goes to the owner)    
3,462     effective cost of rig             

   
 VS.    
   
 1,200     $/rig - buy my own
   
 2.88     Ratio

Thats overpaying by almost 3 times
   
At the original  7USD/BTC - it was competitive,    
but now you would have to cut the share price to something like 0.25BTC/share to make it work

Please comment?