If hash rate continues to increase at the same rate, then at the end of August the network will be nearing 500,000 TH/sec.
we can use same logic to reach 500,000,000 TH/sec in December
- noRemember each share is worth 8.68 GH/s, but 35% is reinvested in new chips, so each share will actually provide 5.642 GH/s.
we have 35% less hashrate per share? *because* 35% goes towards buying more hardware, which in turns increases the GH/share?? yet somehow end up with 35% less..really? - again - no
a 'break-even' point measured in weeks is not something that will turn any one off, we are talking about an investment, autopilot hosted mining operation and the most attractive on the market
I certainly will not be wishing any luck to shareholders buying, I will be wishing to try and understand a seller at this moment because any quick gains they are making are short-signed compared to long term potential of the operation.
here is more realistic return per share, per year. This is in line with CryptX own goals.
Code:
(1314000 * 0.018) / 100,000 * 1
where 1 = number of shares you have
obviously it is very, very simple calculation and can be +- some amount, but it is an achievable one nonetheless.