Can you clarify your estimated dates for increased hashing? Next month is only a week away and we don't know whether you are talking about getting to 12TH, 15TH or 60TH or what when? Thank you sir!
Next batch is at least 50TH/s, which will be assembled and available in the early or middle of next month. Before that we have to gather more employees to form a deploying team because it's nearly a magnitude larger. We also have to deploy the rest of the first batch during this period (between now and the time next batch arrives) with or without new members to the company.
And this is estimation. We had somehow missed of the chips production cycle (actual arriving date: late December, estimated: late October to November) and the production/deploying cycle (actual deploying date: still going on, estimated: within March). Unexpected things happen, but we are fully aware of the reason of delays of the first batch and avoided the most in the next one.
This is extremely bullish.
Reasons:
(1) BFL is going to ship next month, not this month... even more delays. They will still only be able to ship 42 TH/s at best.
(2) Avalons are more expensive now.
-> Competitors not going to add too much hashrate to the network. Let's assume it's 130 TH/s without us.
(3) Bitfountain will be able to deploy much more rapidly this time, since our racks will come fully assembled in mid-April.
This gives us at least April and early May to hash at 60 TH/s, and possibly more with overclocking, which would be at least 25% of the network. Per share dividends per week: (1/4) 3600 * 7 / 400000 = .01575. Thus, a reasonable level of profitability can be reasonably expected to continue well into May.
You sure you still want to sell all those shares then?
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