Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Well if that's the case, I'll put out an offer that if you have 30k or less shares in ActM and want to sell the lot, I'll buy them for a price of .0001 btc / share.
So 1btc = 10k shares. That's a 100% markup on the current hashrate value.
So 1btc = 10k shares. That's a 100% markup on the current hashrate value.
The thing you need to take into account is that most people holding the shares are waiting for the eASIC chips.
I assume any shareholder that was invested based on our current hashrate has already jumped ship.
My point is that if we do not get eASIC chips soon and bring our hashrate well above 20TH/s then a fair value for our shares really is 0.000015 or less.
EDIT: Re-revised number!
Current hashrate makes 10 bitcoin per week, Lets average this out over the year and expect perhaps a total of 150 Bitcoin to be mined at current rates if we get no more miners.
(150 bitcoin mined over a year) / 10,000,000 shares = 0.000015 per share.