Ninjastic
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Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Ytterbium
on 03/09/2013, 17:57:29 UTC
Quote from: JimiQ84 on September 03, 2013, 05:51:40 PM
Quote from: Ytterbium on September 03, 2013, 05:48:22 PM
Quote from: AngelSky on September 03, 2013, 04:08:44 PM
He is the owner of bASIC-MINING  Cheesy

Right, I know that - I was responding to the people who were like "I've never seen so much money in my life" as if he really had 132k of BTC in that account.  At most, those basicmining shares are worth 152btc because that's how deep the entire order book is for bASIC mining shares. Realistically 148btc max.

That brings the total portfolio value to ~200Btc. But I don't think those bASIC mining shares are actually worth anything in that portfolio, I don't know.

basic mining has nearly 800BTC cash reserves + 1,4 TH/s asics (which is infinity times higher than Labcoin's hashrate Cheesy )

Right, but I'm talking about those specific 948k shares in that portfolio.  Those shares aren't actually worth anything, they're not "real" shares that earn dividends, as far as I can tell. "regular" BASIC-MINING shares are worth something.