Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)

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.

If that's correct, then the annualized divs per share would be 0.01352

Hmmm.

That's not correct because at todays prices my $4000 dollars can buy almost 2,000,000 shares that means I will profit over $2.7Million dollars in a year. The fact that the OP hasn't answered my questions and the fact that after 120something plus pages, shows what bullshit this company is.

Alot of misinformed people buying shares, and getting screwed because they don't even know what their dividends will be, or are calculating wrong and are far exaggerated.

How can anyone possibly know what Labcoin's dividends will be at some point in the future? To know that, you would need to know what the difficulty was at that point, as well as the network hash rate and Labcoin's percentage of it. Even knowing that information, you still would not be able to make an accurate prediction as you'd still have to account for miner luck.

Do you know anything at all about mining?

Sure, he will buy xCrowd!