Quote from: Ytterbium on August 08, 2013, 12:03:55 AM

If you do the math on IceDrill shares, it comes out to about $14/Gh/s starting in November.

50 million shares at 0.0014btc each.
500Th/s worth of HashFast chips.

So, one share costs you $0.14, and gets you 10Mh/s, or $14 for 100 shares and 1Gh/s.

So, either HashFast is charging $14/Gh, or IceDrill is making a lot more profit off this deal then they're letting on. That's the problem with this NDA stuff, it makes it hard to evaluate various deals.

On the other hand Labcoin, which has their own chip, is offering ~520Th/s by December (Starting from 50Th in September). That comes out to about $3.50/Gh/s in December and about $36/Gh/s in September. Plus with labcoin you actually get a cut of the chip sales, instead of simply seeing the difficulty going up.

There is a lot of confusion about the IceDrill set-up.

The total profit will be divided 60% to IPO share holders and 40% to managment/founders

This is after 10% has been taken out for costs (electricity etc)

25% of this 90% that's left goes to buying extra hardware

After this is deducted ----> 60% goes to IPO and 40% goes to founders/managment

This means you get 40,5% of total profit in dividends. (but the rise in difficulty will be damped a bit by the 22,5% reinvestement)

Am I correct here?

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