Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Vbs
on 05/09/2013, 00:47:01 UTC
If there's 5-6PH online in November and Labcoin effectively gets 50TH online, that's ~0.9% of the total network hashrate, earning around BTC1000 per month.

If that ridiculous 5-6PH figure will really come true by November (it won't), those 1000 btc per month will still give a 30% APR for LC shares at current price.
And that is if they really only have the 50TH and have no hardware sales. They actually plan on getting 200-300TH and will obviously also have a lot of hardware sales...
I don't even know what point you're trying to make. That making 1000BTC per month in a fucking 6PH network is too little?

You're using one month to estimate an APR figure??? On a market where diff rises at an exponential rate?

Let's have some chips working first, since their big value is on getting hardware running sooner than later.