Would more shares be sold for option 3? If so what percent of the new machines would be reinvestment from current owners and what percent would be new shares?
Option 3 seems to make the most sense to me but the math could potentially become very complex.
IE: If new hardware would be 50/50 would current holders of 1 share now own 1.5 shares and new share buyers have 1? By round 6 your going to have spreadsheet a mile long.
True but you could do it the easy way.
Before new equipment every share has 10GB and 1000 shares have been sold = 1TH
new equipment is ordered adding say 1000GB to the gb. 50% goes to the old shares makeing them worth 15GB each.
500GB/15GB= 33 new shares worth 15GB but these shares will not get a dividend untill the new hardware is hashing.
The new shares are sold at a resonabule price even being offered to existing share holders.
rinse and repete
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