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
Perhaps you worded it wrong. Perhaps you meant to say 0.000605 / share dividend in October and then I'd agree with you. Perhaps you mean 0.024 is the value of the stock price and then I'd agree with you. But you worded it confusing.
Network Hash Rate = 450 Th/s
Mine Hash Rate = 50 Th/s
50 * 100 / 450 = 11.11%
Blocks/Round = 2016
Bitcoin/Block = 25 BTC
Bitcoin/Round = 2016 * 25 = 50,400 BTC
50,400 * 11.11% = 5,599.44 BTC
5,599.44 BTC / 10,000,000 shares = 0.00055994 BTC per share per round.
So, even if Labcoin had 50 Th/s right now, divs (twice a week) from mining would be about 0.00013 BTC.
I agree, but my calculation wasn't for 'per-round', it was out into 2015 (the total that would be mined with 50TH). Didn't think I'd spend all day defending those numbers, but that's what I get for putting them out there!
While I'm here, I'd just like to give a shout-out to everyone from two weeks ago who felt they were left holding the bag when the price was nearing IPO-
Hope y'all held on - cheers, boys!
Went to brush my teeth and now I am a bag holder. Lost about 2.5 BTC - everything I made in the last week and 1/3 of what I have.
bag holder too , now holding 13K+ LAB shares, 100 BTCGarden shares.