How many Mh/s is one teramining share?
A single teramining contract was originally 9Mh/s.
When we started receiving BFL equipment and had received our full order, they were 12Mh/s.
When the antminer S1 100Th/s was installed, each teramining contract became 101Mh/s.
When the next 200Th/s shows up in April, each teramining contract will become ~275Mh/s.
How many teramining shares for 1 gigamining share in free upgrade & paid upgrade?
For the free upgrade, you get 4 Teramining contracts per Gigamining contract. So 5Mh/s turns into 1.10
Gh/s or a 21,940% increase.
For the paid upgrade, you get 15 Teramining contract per Gigamining contract. So 5Mh/s turns into 4.125
Gh/s or a 82,280% increase. If you take the paid upgrade, you are paying ~$35/Gh.
Please also note the above includes the yet to arrive 200Th/s. This purchase has been paid in full and is from a manufacturer with a proven track record of exceeding expectations.
Teraminging shares expires after 9 months?
I have made a promise to those who have stuck by me that Teramining would be profitable in BTC, and it will continue until I have fulfilled that promise. How long is that, I don't know.
Sofar, how many teramining shares expired?
0.