You have done nothing apart from draw a big X on a picture of the old projections, And a share price of 0.0094? When?
Read again:
These calcuations are done with 20% hashrate increment each time.
That is the only change i made to the document.
The share price is 0.0094 since that is the sum of all future, positive, dividends. In about a month or 3 the dividends will turn negative at which point the hardware should just be liquidated.
I'd appreciate any comments on how flawed PetaMine's forecast document is. Because it seems pretty solid to me. And everybody seems to rather insult me than providing actual feedback. The only feedback i have heard so far that was not covered with multiple insults was that it is unrealistic to expect an continued network growth of 20%. Something that turned out to be quite realistic.
They are flawed because they are outdated. They use projections from months ago and not the accurate data we have accrued since then. This should be obvious.
Please run the current data before making any future projections
Also, anyone who knows anything about bitcoin knows 20% difficulty increases is unrealistically low.
I will post full projections using multiple scenarios and analysis after CryptX's update next Friday.
Until then, I am increasing the bounty to 2 BTC, this should entice most people on this forum to give it a go and think for themselves, something which I am actively trying to promote