Quote from: miscreanity on June 24, 2012, 08:29:15 PM

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?

Yes. So far just over 2,500 shares have been sold and enough hashing power has been ordered for 12,000 shares. I will continue to use my own funds to make sure that equipment has been ordered to supply the hashing power for shares prior to them being sold.

Quote from: Timbo925 on June 24, 2012, 08:40:39 PM

Also the normal singles are still on the way so we will get dividends once they arrive?

Yes. Once the singles are hashing away, dividends will begin being paid.

Quote from: Timbo925 on June 24, 2012, 08:59:11 PM

634$ for a single with shipping. 1/800 of 634$ is 0,7925$ a share value in real equipment.
A ASIC single is 1333$ with shipping 1333$/0.7925$ = 1682 shares for each ASIC single.
40000 mh/s / 1682 shares = 23.78 mh/s/share

We don't now the power consumption for the ASIC so for now it seems a good deal.

It is possible that shareholders will end up with slightly over 20MH/s per share once all is said and done. The only thing you are leaving out of your math is the return shipping to trade in our singles.