Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
twentyseventy
on 19/08/2013, 19:02:50 UTC
My back of the envelope calculations put the value of the 6TH running on 10/1 at .000605 / share and the remaining 44TH running on 10/15 at .002435/share, for an expected value of at least .0031

EDIT: These calculations assume 35% increase per Difficulty Increase

 .000605 / share per what timeframe?


Total expected value of the mining capability - basically I've charted it out until June 2015

I would personally refrain from making long-time predictions reg. hash rate and diff. Considering the long block time solve we are currently seeing in the Bitcoin blockchain I am not even all that sure we will have 'perpetual' 35% increases in the next 12 months, and of course the 50TH expectancy of the Labcoin mining operation is also (if first and second deployment is successful) is also not a 'ceiling' as funds will be available for follow up orders as long as the team deems it profitable.

Aside from 130nm rollout the team is also working in parallel on the 65nm chip as well.

Sorry, didn't mean to step on any toes with this one; just figured I'd share what I think may be a good indicator of long term viability. I doubt that we'll be seeing 35% DIs each time, and this doesn't account for any reinvestment.

TL;DR - This wasn't supposed to be a valuation of LC shares, just a rough calculation of what the 50TH would bring in in the face of high (35%) perpetual increases.

I believe that the value of the shares is higher than the .0031 number that I mentioned, as that would not have accounted for reinvestment or any slowdown of the total network hashrate.