Quote from: jimmothy on October 27, 2013, 10:48:33 PM

Quote from: BitSugar on October 27, 2013, 10:32:34 PM

Thank you for posting this!

So right now we are 1/4 -1/8 as powerful as asicminerhttps://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=0 .

What would that put Labcoin share prices at if they were valued relative to Asicminer shares?

Ill try to math here even though it is really not reasonable to compare the two (asicminer also has asic sales which add to dividends):

since for AM you need 8 shares to equal 1gh @ 50th/s (400,000 shares) so at 0.5 per share that is about 4 btc per gh/s

with labcoin you need 1000 shares to equal 1gh @ 10th/s (10,000,000 shares) with each share being 0.0003 per share so 0.3 btc per gh/s with labcoin

So theoretically if labcoin was valued at 4 btc per gh/s it would be worth 0.004 btc per share.

Yeah, but ASICMiner is valued based on future expected growth. Supposedly they have a 40nm chip on the way. You can buy pure hashrate on cex.io. at 0.0998 BTC/Gh. If you valued labcoin on pure Gh/s it would only be worth 0.000099. They really do need to hit their target of 50Th/s by the end of the month to justify their price. And realistically, they still need to hit 500TH/s by the end of the year to have any realistic chance of having any value.

The only reason it's priced where it is likely due to the inability to set asks and bid prices with more then 4 decimal places on Cryptostocks.