Quote from: Ukyo on July 17, 2013, 05:06:17 PM

Quote from: Vbs on July 17, 2013, 04:57:22 PM

Quote from: btcmonkey on July 17, 2013, 04:45:11 PM

2) The total network hash rate will hit 1500 TH/s (1.5PH/s - peta hash) by that time.
3) Lab_Rat will only ever deliver equivalent of 100MH/s per share. (contrary to stated plan)
4) These shares will continue to be worth 0.15 BTCs each with no growth (or reduction).

The problem is right here. You can say that BTC0.15 per 100MH/s is a great price right now (network at ~250TH/s), but when the network reaches 1500TH/s, 100MH/s is worth then 0.15*250/1500 = BTC0.025, an 83% devaluation.

The only counter measure to this is if bitcoin price continues to go back up. Wink

I think that both BFL and Bitfurry can not put its product into mass production...this why any mining bond based on their devices are just mean get nothing in the future for whatever price you pay for.