Post
Topic
Board Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
velacreations
on 22/09/2013, 22:54:14 UTC
Thanks for the calculation.
Can someone do a quick calc for 20TH in 2 weeks time with 30% annual return.

20TH would be around 2%.

56,000 (bitcoins mined in 2 weeks) x .02 (% of network) = 1120 BTC (mined by 20 TH/s)

1120 BTC / 10,000,000 shares x .7 (30% withheld) = .0000784 btc dividend per share

.0000784 x 26 (per year) / .3 (30% APR) = .0068 btc per share

No one will give Labcoin 30% APR.  70%, maybe.

check my math, it could be wrong.