Ninjastic
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Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
huhai0978
on 15/09/2013, 21:42:08 UTC
Quote from: Mabsark on September 15, 2013, 09:03:04 PM

I thinks it's time to look at some numbers again.

Let's assume that Labcoin was mining with 500 Th/s at the end of the year, if the network hash rate was:

  • 50.000 Ph/s, Labcoin would control 01% of the network.
  • 25.000 Ph/s, Labcoin would control 02% of the network.
  • 16.667 Ph/s, Labcoin would control 03% of the network.
  • 12.500 Ph/s, Labcoin would control 04% of the network.
  • 10.000 Ph/s, Labcoin would control 05% of the network.
  • 08.333 Ph/s, Labcoin would control 06% of the network.
  • 07.143 Ph/s, Labcoin would control 07% of the network.
  • 06.250 Ph/s, Labcoin would control 08% of the network.
  • 05.556 Ph/s, Labcoin would control 09% of the network.
  • 05.000 Ph/s, Labcoin would control 10% of the network.

BTC/Block = 25
Blocks/Round = 2,016
BTC/Round = 50,400

If Labcoin controlled:

  • 01%, they would mine 504 BTC per difficulty round, 352.8 BTC (70%) going towards dividends giving 0.00003528 BTC/share/round.
  • 02%, they would mine 1,008 BTC per difficulty round, 705.6 BTC (70%) going towards dividends giving 0.00007056 BTC per share per round.
  • 03%, they would mine 1,512 BTC per difficulty round, 1,058.4 BTC (70%) going towards dividends giving 0.00010584 BTC per share per round.
  • 04%, they would mine 2,016 BTC per difficulty round, 1,411.2 BTC (70%) going towards dividends giving 0.00014112 BTC per share per round.
  • 05%, they would mine 2,520 BTC per difficulty round, 1,764.0 BTC (70%) going towards dividends giving 0.00017640 BTC per share per round.
  • 06%, they would mine 3,024 BTC per difficulty round, 2,116.8 BTC (70%) going towards dividends giving 0.00021168 BTC per share per round.
  • 07%, they would mine 3,528 BTC per difficulty round, 2,469.6 BTC (70%) going towards dividends giving 0.00024696 BTC per share per round.
  • 08%, they would mine 4,032 BTC per difficulty round, 2,822.4 BTC (70%) going towards dividends giving 0.00028224 BTC per share per round.
  • 09%, they would mine 4,536 BTC per difficulty round, 3,175.2 BTC (70%) going towards dividends giving 0.00031752 BTC per share per round.
  • 10%, they would mine 5,040 BTC per difficulty round, 3,528.0 BTC (70%) going towards dividends giving 0.00035280 BTC per share per round.


You mixed up T with P.