@tripppn, In your example both R2 and R3 have overpriced shares. Can you make another example, where shares won't be overpriced (and hardware will be sold at market GH/$ rate)?
How is $30 for 110Ghs overpriced? In the example if the equipment costs $10k for 50THs that's exactly what the Ghs is being sold at when broken down. We don't know the cost/ghs is in 4 months so I'm throwing numbers out there. Would it satisfy you is in R3 The KnC X2 is 100THs for 10k so now everyone is getting 200Ghs for $30??? Of Maybe the X2 is 1PHs and everyone gets 1 Ths for $30... Who knows.
We don't know what hardware will cost at that time but in my example no one is being overcharged for shares when it's the exact same price as the equipment when it's all added up. That would just be simple market value.