Post
Topic
Board Securities
Re: [HAVELOCK] SCRYPT 10 GH/s hosted scrypt mining project by CRYPTX - IPO 7 MAY
by
mikemikemike
on 15/05/2014, 11:01:37 UTC
Assuming the following...

Week 1

-We have added no more units this week
-The total amount of shares sold will be 30,000

BTC Mined - 45.5
Dividend - 21.63
Dividend Per Share - 0.000721
Yield - 91.4% @ Share Price of 0.041

Week 2

-We have added the remaining 1GH/s
-Difficulty has gone up 10%

BTC Mined - 61.425
Dividend - 29.03
Dividend Per Share - 0.000967
Yield - 122.6% @ Share Price of 0.041

These projections are very conservative because of the following factors

Week 1

- I am not including any BTC mined before Friday the 9th
- I am assuming CryptX hasn't added any new units since Friday the 9th
- I am assuming the only coined mined is LTC
- I am using the higher current difficulty, not the average difficulty over the week

Week 2

- I am assuming difficulty will rise 10% in the following week when it has fallen slightly over the past week
- I have not included any new reinvestment machines when calculating BTC mined
- I am assuming the only coined mined is LTC

My actual projections for these weeks are more optimistic, but I'm not going to share those as publishing conservative estimates is always best. If I can get some alone time at the beach this week ill redo CryptX's original projections as they have far too many static factors and as such are linear in nature. they are also not relevant anymore as they use a number of outdated figures such as shares issued, difficulty, shareprice, hashrate and coin prices. They also do not account for a multipool average rate of return and there is also a pretty serious error that has been highlighted here but not rectified. Ill probably put together a few different scenarios relating to BTC and LTC's performance over the coming months to give a more varied overview

Hope you all have a good week,

Peaceeeeeee