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Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated]
by
elmwar
on 26/04/2014, 23:13:06 UTC
Quote from: Bitcoin Forum
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Good job Ken!  We'll clear at least 500 btc in May.  How could anyone be concerned? 


Good post. I hadn't worked out our revenue at 170TH/s and above, that sounds good - about 300BTC over the next month at 170TH/s

Actually it's really good with BTC at it's current level, but if it goes up from here - it's party time.

Well, if fudged the numbers a bit.  We'll be adding hashing power so I averaged up.

https://tradeblock.com/mining/a/f8cf039e81

500 btc a month should be an over estimate. 
Just 200 months and we'll have recovered the investors purchase price per share.
~300 months and we'll pay out the promised investor initial dividend.
And around 800 months and we'll have Ken's 24 month target.
----- all this assumes we maintain 500btc/month (and 25btc/block) and zero costs of any kind. -----

Like everyone else, I'm so glad I entered into this contract with Ken.
Holding on to those BTC would have been stupid.
Hell, the entertainment value on this board along is worth it.