Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
By the way I think actm share price will hit 0.01 within a week of us going live. And it will climb steadily until March where it will level off around 0.04
I think you are dreaming. The share price will likely stay below .0025 until we have some proof of miners shipping, or an announcement that we're adding 24.576TH/s of hash power with BTCGuild showing as much. Even then I think we will only get to about .005 and maybe .01 by March. Catch me up, please. How many millions of shares are the dividends divided over now?
How many satoshis a week would each share get with 24 Th/s of mining capacity?
This is all easily obtained publicly available information.
Since it's so easy, why don't you go ahead and answer the questions?
Since nobody bothered to answer I will.
If the network hash rate was at a constant 10 Ph/s and ActM had a constant 24 Th/s, it would have 0.24% of the network hash rate, mining 120.96 BTC per round. The round would last 14 days, since the hash rates were constant, giving 8.64 BTC per day. This would be distributed to 10 million shares until 0.0025 BTC per share had been paid, after which the number of shares would increase to 25 million.
According to the genesis block, the network hash rate is increasing by about 78% every 30 days, which is an increase of about 2.5% each day.
So, if the network hash rate was at 10 Ph/s and ActM brought 24 Th/s online, 8.64 BTC / 10 million shares gives 86 Satoshis per share per day, which would fall by 2.5% each day!
Thank you.
Math is a bitch sometimes.
Why is the network increasing at 78% and we are stuck at 24TH?
If we get to 24TH doesn't that mean we are able to continue to scale?