Quote from: furuknap on May 25, 2013, 09:43:06 PM

Quote from: EskimoBob on May 25, 2013, 06:48:44 PM

crickets...

What did you expect, some kind of elaborate analysis comparing 100TH to AM and projecting profitability in a variety of scenarios?

Geez, some people are never happy. Try this:

http://coin.furuknap.net/can-100th-really-be-the-next-asicminer/

.b

Your financial projections and formulas for calculating the total network hash rate are incorrect (20% increase on 218 TH = ~262 TH, not 241 TH). The network is currently at ~100 TH and has increased at 20 TH/month for the past few months. Your projections start in August at 218 TH and 208 TH respectively, with the "100TH" mine planning to deploy ~103 TH, a realistic minimum projection for the total network hash rate would be ~240 TH. This could be much higher given that what's in the pipeline from ASICMINER, Avalon, Bitfury, BFL and others.

The expected start date and network hash rate projections are the main factors in evaluating this company as an investment. I'm surprised that the share price is trading at nearly 6 times the IPO price without much significant positive news.

I'm hoping to invest in this venture once more details of the mine are made clear, but for now this is a highly speculative investment and I would advise prospective investors to do their own due diligence and financial projections.

Not trying to call you out or anything; I had made a similar post to your blog outlining some factors you may have wanted to account for in your analysis but it looks to have been deleted.

Cheers