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Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
drawingthesun
on 12/11/2013, 06:49:50 UTC
I sort of worked how many chips would be need to gain 3% of the network. 3% of the network is my happy figure because it would bring in 0.0039 btc per share/year and on an open market the shares would be valued around 0.0025 - 0.006 if this was the case (And inside that margin exists my break even point)

To gain 3% of the network I assume we need 19,000 chips hashing at 16GH/s per chip. This results in 300TH/s which will for a short time be 3% of the network. If Ken can reinvest 50% and eASIC allows for a quick turnaround for new chips I see no reason 3% cannot be maintained.

What does everyone think about this?