Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
InstantBTC
on 18/05/2013, 18:28:45 UTC
A simpler calculation: there are approximately 9 million coins remaining to be mined. 10% of that, divided by 400,000 shares gives you 2.25 BTC per share. So things like hardware sales, transaction fees, and optimism that we'll have more than 10% share of the network had darn well better make up for the long wait to earn those 2.25 BTC. That might be reasonable. Any thoughts? (sure beats estimates based on infinity)

Interesting way to calculate it, but there are a few flaws. That estimate is based off of the total mined income over the course of then next ~130 years, assuming AM maintains 10% of the network for that entire time frame. However, they only expect to maintain 10% of the network for the next year or so, and at most until the next halving. Bear in mind, this only pertains to mining income. I'm having trouble trying to value based on sales of hardware.