Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread
by
lewicki
on 18/07/2013, 19:39:23 UTC
So I purchased 400 Shares of this stock on BitFunder kind of on a whim and the price was so low and the Profile sounded pretty good.

Is this stock really expected to grow well and pay good Div's in the near future???



Take a look:

Growth expenses are already factored in. I did the following post on the speculation thread, using 50% of the profits for growth, you can see that works pretty well:

New update, this time I considered some hardware selling estimates, as well as the impact of Ken's 15M shares on the whole operation. Smiley

(any errors found, just shout! Grin)

Considerations:
  • Mining
  • Klondikes mining at August (worst case)
  • Avalon chips overclocked to 380MHz, since they will be running on Springfield Underground data center
  • November/December (worst case) hashrate increase from the high-volume process (low-volume is not worth it for just a ~month difference), using BTC1.2 per chip+assembly cost, chips at 16GH/s, not overclocked
  • 50% of mining dividends used to buy new Fast-Hash-One 16GH/s chips
  • Total network hashrate includes ActM's mining plus hardware sold to other parties (200% markup)
  • Sales
  • Sales volume is really hard to predict. I just assumed it to be 2x the profits of mining, which I still think is really on the low side, as ActM is gonna also sell chips in bulk. For example, Avalon in getting ready to ship its ~BTC164,000 in bulk chips. There is definitely money to be made in bulk chip sales!



Conclusions:
  • Investors are fully reimbursed of their paid BTC.0025/share around December/January
  • The MH/s/share and MH/s/BTC are indeed crazy profitable
  • As soon as the unit price of chips gets down (it will drop 1/3 to 1/4 even before going to easicopy), the hashrate can rise even much further
  • Having direct access to buy hardware at manufacturing cost is what really makes this possible
  • The effect of hardware sales is just mind boggling