Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
You're using one month to estimate an APR figure??? On a market where diff rises at an exponential rate?
You're the one picking November and that ridiculous 5-6PH number. LC will already have been mining for months by then.
And yes, I can calculate an APR value for the given profit of a given timeframe.
Let's have some chips working first, since their big value is on getting hardware running sooner than later.
Since they are planning to start mining within 5 days, they have working chips already.
I've made no claim to any "ridiculous 5-6PH number". My replies were following Ytterbium's post. Next time, check your facts better.
I think most of the risk comes from the possibility the companies are just fake, or not going to do what they say they're going to do. Any contrary evidence should boost the price.
But other then that, most of the 'scheduled events' should already be priced in. Emphasis on should. The problem is these markets are tiny and full of n00bs.
I still think LC is the better deal in the short term, they may make more profit off their 50Th/s in October then ActM will off however much it's planning on making in November. We'll probably see up to 5-6Ph come online in November with Cointerra and HashFast. Plus however much comes online from KnC machines in October.
And in order to compete, ActM is going to need a lot of capital for things like PCBs, etc. 10 chips per board is 250Gh/s per board. You'd need 4,000 boards to get 1TH. Not a minor undertaking.
But other then that, most of the 'scheduled events' should already be priced in. Emphasis on should. The problem is these markets are tiny and full of n00bs.
I still think LC is the better deal in the short term, they may make more profit off their 50Th/s in October then ActM will off however much it's planning on making in November. We'll probably see up to 5-6Ph come online in November with Cointerra and HashFast. Plus however much comes online from KnC machines in October.
And in order to compete, ActM is going to need a lot of capital for things like PCBs, etc. 10 chips per board is 250Gh/s per board. You'd need 4,000 boards to get 1TH. Not a minor undertaking.
When you're thinking about how to invest your money, it's a good idea to look at the 'worst reasonable case'. I don't know for sure that we'll see 5-6PH. But I definitely expect to see some number of PH before the end of November with HashFast, Cointerra, and all the other companies cranking out ASICs.