Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (15GH/S per Unit)
by
aatt44zz
on 23/06/2014, 05:47:46 UTC
I started doing some work yesterday...

My numbers showed that by the time the mine is unprofitable(November), there will be ~275BTC in the reinvestment fund and .0105 BTC will have been paid out per share in dividends.

My assumptions were:
1% daily hash growth rate(conservative)
Steady BTC value
Steady Hosting fees

I don't believe there is much of a chance to recover from the situation, but it starts with hosting cost cuts. Reinvestment percentage adjustment may help, but that also adds a lot of risk into the equation. A surge in bitcoin price may also paint a brighter picture. Loans are not the answer.

I intended on building a full featured simulation, but I didn't get that far as the numbers scared me away. It is half baked and unfinished, but here is what I was looking at.

https://docs.google.com/spreadsheets/d/1eL662fjYBEmzte5ucxkIIykYzE--9bgIXeEiDZhRAW8

Disclaimer: I am an amateur who has no idea what I am doing