Post
Topic
Board Hardware
Re: Eyes to the horizon: A bitcoin ASIC project will be announced in June
by
GodHatesFigs
on 23/05/2013, 11:15:44 UTC
Seeing the pricing you propose for 1TH in model B (1,000-1,200BTC/TH/year), I'm afraid your IPO price will be too expensive. I would take into account that Bitfountain's IPO price was 0.1BTC per share, for an expected deployment of +250TH. If I do not recall it wrong, each share is 1/400,000 of the total profit/hashrate, which means that their price for TH was 160BTC, not a hefty 1,000-1,200BTC price tag.

Even at today's difficulty, a TH would take about a year to earn 1200BTC. Ridiculously overpriced, especially as that price only leases you the hash rate for a year.