Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Vbs
on 17/07/2013, 18:33:52 UTC
In Finland we have about 5.5 million people.

For Finland 0.5% pa for normal bank account is normal.

We pay for credit in bank about 3.5%-> any way to put money to earn money more than 3.5% is profit EVEN if you take credit from bank.

AND YOU ARE TELLING THAT PRICE FOR SHARE WILL GO DOWN?
If share will pay dividends less than 10% pa, then it price will go down....

If it will - seller side is a idiot.

(imho)

The only thing that you must to believe that bitcoin will not drop less that 99$/btc

The most important thing to know is that network difficulty adapts so that the number of blocks mined is always as close as possible to 6 blocks every hour. This means that around BTC3600 are mined per day (25*6*24).

The current network hashrate is ~250TH/s, so 100MH/s will earn you BTC3600*0.1/250000 = BTC0.00144 per day. 100MH/s represents 0.00004% of the network.

When the network hashrate is ~1500TH/s, 100MH/s will earn you BTC3600*0.1/1500000 = BTC0.00024 per day. 100MH/s then represents 0.00000667% of the network, which is 6x less, this is why the share value goes down.

Paying BTC0.15 for something that represents BTC0.00144 per day might be good now, but not later.