Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
moribana
on 07/10/2013, 14:28:28 UTC
has anyone noticed RTM? I guess he pays 100Mhs per bond and his price is like .02 or .03, Im too tired to do the math. but could someone compare his stock with our stock? Im sure ours is much better, but it would be nice to see what the competition is doing..

I did the math. If the difficulty will increase like this for a couple of more months RTM will make about 100% profit. The break even point is if the difficulty keeps increasing by less than 10% every 10-14 days. Usual stuff. Based on people not being able to sum a geometric series :-) Because I guess it is quite clear that this race is not going to slow down significantly in the next couple of months.

So using what div info that is currently being paid...0.0034064

div-0.00034064 = 6.44% per week, if bought @ current 0.037.

Im surprised people are not more interested, but there seems to be no near support, to current ask.

OK, then let's do the math. Current div is 0.00034064 i.e. 0.0034064 for a ten day period while difficulty is constant. If the difficulty increases by 20% every 10 days, the total paid out in dividends per share will be

   0.0034064*( 1 + 0.8 + 0.8^2 + 0.8^3 + ...) = 0.0034064/(1 - 0.8 ) = 0.017.

This is roughly how much this bond should be worth: 0.017 btc. You can recalculate with different numbers and find that it would be worth the current price if you expected the difficulty to increase less than 10% in every 10-14 day period. Very unlikely imho.