UPDATE:A Motion has been raised to update the terms of our contract to reflect the higher output of our newly ordered ASIC mining equipment. Please vote.
https://glbse.com/vote/view/78 240,000 Mh/s divided by 25,000 shares comes out to 9.6 Mh per share. I'm not clear on how 20 Mh/share is being arrived at. Is share issuance being limited to 12,000 until additional hardware acquisitions are made?
You buy 1/800 of a single for each share. 2 singles give you 1 asic single. So each share is worth 1/1600th of the ASIC single.
BFL states it will get 40/GHz so 40.000/1600 = 25 mh/share.
So my question is why we aren't getting 25 mh/s a share? Electicity cost are very low so a 25% difference is little big imo. Or am I missing something?
Also the normal singles are still on the way so we will get dividends once they arrive?