Post
Topic
Board Marketplace (Altcoins)
Re: [ANN] Fibonacci SCRYPT ASIC Litecoin LTC Miners - Datasheet Posted
by
anderl
on 29/01/2014, 12:13:41 UTC

the more shares you the faster is the roi

sry but thats wrong.
thats completly independent of how many shares you buy.

and 200 mil dollar profit(*) from selling products .that will not be done from today to next day.. if the yeven ever archive that hugh profit

edit: just read the webpage again. I might have miss read it a bit and they didn't mean to share 5% of the profit only but all the profit and 5% is their calculated profit. This way the numbers looks better (replace the word profit(*) with income) although I very much doubt the 5% profit only.




I think your original interpretation was right. If they generate $200M INCOME (revenue) for hardware sale, 5% of the income will be distributed to HW shareholders. That is $10M. Divide that with 0.2M shares, that is $50 per share.

I doubt they can sell $200M without causing huge difficulty rise.

If we approximate that each chip as 1MH/s, the price is for $500/MH/s, they will sell 400 k chips. That is 400k *1MH/s, or 400GH/s. The net work hash rate is less than 150GH/s at the moment. The difficulty will at least double.

There are other ASIC manufacturers as well.



This smells so much like preorders but the shareholder is put in a bigger hole than pre-ordering from alpha tech. You would have to wait until the Company generated 200 million in profits just to break even. Meanwhile the Company is making money hand over fist from mining LTC. So the contract you buy acts as seed money-grubbing them to stay up a hosting environment.

Now the question is.... Does "sell"  include units the Company buy for itself? If no, then the Company could buy up is own units and operate them and shareholders do not make a dime.

Way to go Jansilee. You've taken scam to a whole new level.