Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Ytterbium
on 21/09/2013, 05:49:21 UTC
I guess no more drama for a while. They seem to be hashing stably at 400Gh/s

Since ASICMiner is doing 33.59 TH/s, and ASICMiner's 400k shares are 1.8 at the moment, that means ASICMiner is worth 720,000 BTC.

Labcoin hashing 1/84th as quickly, giving it an "ASICMiner equivalent valuation" of 8,571 BTC, or a per-share value of 0.00085.

I'm obviously not saying they're equivalent by any means, just pointing out the price you'd currently pay for shares that would get the same dividends as ASICMiner, not counting ASICMiner hardware sales.

If they can get it up to 706Gh/s they could justify their current 0.0015Btc price, and would need 941Gh/s to justify a 0.002BTC price.