Post
Topic
Board Securities
Re: [HAVELOCK] SCRYPT 10 GH/s hosted scrypt mining project by CRYPTX - IPO 7 MAY
by
webbrowser
on 12/05/2014, 05:46:51 UTC
Let me give it a go.  

Innosilicon A2 boxes run at 150MH/s consuming about/under 1kW.  SCRYPT-X1 miners run at 85MH/s, so should consume under 600W each.  2GH of these miners should consume about 14.1kWh.  Cryptx charges $0.25/kWh, so weekly overhead fees should total 168 hours * $0.25 * 14.1 =~ $600

We are currently mining DOGE since it is more profitable than LTC? Plugging these numbers into the Dogecoin mining calculator at http://www.coinwarz.com/calculators/dogecoin-mining-calculator indicates that 44 BTC would remain after subtracting overheads.

Let's go with cryptx's 50% reinvestment rate as per prospectus forecast, so 22 BTC is left in dividends.  Divide by 30k shares for 0.0007333

I don't know why I ended up with lower figures despite the assertion than DOGE is more profitable.