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

Now how much hashpower does 1 share equal? In the beginning and in their future goals?

There are 10,000,000 shares. When they bring 50TH online and spread 70% of mining income then its 50 * 0.7 = 35TH. 35 / 10,000,000 = 0.0000035TH per share or 3.5MH per share.
Vagely correct?

IDK so what is that 7TH per say 20,000 shares?

It cant possibly be 7TH since there are only 50TH in total and 10,000,000 shares. 20K shares would be around 70GH, thats 0.07TH. Of course, if they do it right and reinvest that should rise.

I wonder if they took everything into account. The big amount of power needed. Are the miners ready to create and so on.

So if it's 70GH how does anyone say this is cheap? for $4K you can get 200GH from KNC.

And those 200 GH/s will remain at 200 Gh/s. If you want an extra 200 Gh/s, you will have to pay an extra 4K USD. If you bought 100,000 Labcoin shares, you would always have 1% of Labcoin's hash rate. If Labcoin have 5 Th/s, you'd have 50 Gh/s. If Labcoin has 50 Th/s, you'd have 500 Gh/s. If Labcoin has 500 Th/s, you'd have 5 Th/s.